Why have Republicans stopped bragging about the stock market?

[DeluxAuto]

The models of the virus itself are wrong but the financial prediction in quarters 3 and 4 are right?

 

[Adre]

Says the guy who can't explain why he claims to not have a problem with people making money.

But supports Democrats who've largely adopted an anti-commerce socialist platform.

LOL...at least it's not emotional diarrhea like you.

(Reuters) - Warren Buffett, the chairman of Berkshire Hathaway Inc (BRKa.N) and one of the world’s most admired investors, said on Monday he is a Democrat, and would have “no trouble” voting for fellow billionaire Michael Bloomberg for U.S. president.

 

[HisArpy]

Nahhh, prior to this ^^^ back-stepping, that's not what you said.

What's laughable is you stating so authoritatively that we have already hit bottom and it's all up from here, with GDP increases becoming apparent in the second quarter and marked overall recovery in the third and fourth quarters.

We are in the second quarter, so it won't take long to confirm those GDP increases, and it won't take too long to determine if we've already hit bottom.

Look forward to talking again in "Q4", Mr. Market Wizard. Now is the time for you to snap up those stock market bargains, cuz you've got inside information on when the public health and employment issues will be resolved.

I look at the data. The market was at 19k only a week or so ago and is now at 23K after a few wild roller coaster days.

Is it done with the volatility? I don't know. What I do believe is that absent something else happening right now, the market is not going to crater again.

That makes right now the "bottom" of the correction.

WE are in the BEGINNING of Q2. There are still weeks ahead and if the eagerness of the people to get back to work is any indication, when they do start working again, there'll be a lot of domestic production going on.

The reports and earnings on that will start to show up in Q3.


Finally, I DID NOT SAY that the GDP will increase in Q2. I cited to 2 sources who are projecting that Q3 and Q4 will see fast rebound growth. You can either believe them or not, but it's not ME who is saying it. Nor is you getting the quarter wrong any help for your bullshit.

You were very specific about the third quarter rocket ship. Just like your President. The goalposts are moving before my eyes.

If you had said there are probably investment opportunities in the future, you would have never heard a word from me. Are you paying BoBo to cheer you on or is he just displaying his usual verbal diarrhea?

Again, I cited to 2 sources who made the projections that Q3 and Q4 will see high growth rates. Sources I trust to get it right since that's their job and a LOT of people depend on them doing it well.

 

[HisArpy]

(Reuters) - Warren Buffett, the chairman of Berkshire Hathaway Inc (BRKa.N) and one of the world’s most admired investors, said on Monday he is a Democrat, and would have “no trouble” voting for fellow billionaire Michael Bloomberg for U.S. president.

But but those dam capitalists!!!

 

[Adre]

But but those dam capitalists!!!

That noise was the point zooming well above your head.

 

[coati]

Where did he state that???

From what I saw that's what YOU have been reading into and ascribing anyone who doesn't think all economic activity is over with and never coming back.

You only see what you want to see. Quit licking Derpy's butt and read his post #2079: "Right now, the market appears to be at the bottom. We know the Dow can do 29k or more so there's a LOT of room for the market to rise."

What goes down must go up, right?

Let's see if the market is at the bottom. Let's see if this quarter sees an increase in GDP, as suggested by Derpy. Let's see about that recovery by the end of the year. Let's see about that rapid re-employment, which was also suggested by Derpy.

All of the lags documented in past recessions and depressions no longer apply, because Derpy has some inside information.

 

[Botanical11B]

(Reuters) - Warren Buffett, the chairman of Berkshire Hathaway Inc (BRKa.N) and one of the world’s most admired investors, said on Monday he is a Democrat, and would have “no trouble” voting for fellow billionaire Michael Bloomberg for U.S. president.

Oh you mean the (D) that got shot down by the voters for being a richer capitalist pig white male who's more Trump than Trump?? LOL Yea, they shut his neo-liberal ass right down.

(D)'s are no longer a party of liberalism Adre, they are the party of using authority to force social/economic equity as THEY see fit.

So I would ask him the same question.....you're a white, male, billionaire capitalist.

Why in the world would you support a party campaigning on shutting your business down and taking nearly if not all of your shit??

 

[Adre]

Oh you mean the (D) that got shot down by the voters for being a rich white male who's more Trump than Trump?? LOL

(D)'s are no longer the part of Bloomberg....they are the party of Marx.

So I would ask him the same question.....you're a billionaire capitalist, why in the world would you support a party campaigning on shutting your business down and taking as much of your shit as they can??

Because he knows—as do I—that your claim is exaggerated bullshit from a rabid partisan hack. In case you didn’t notice, Democrats rejected Sanders again. And AOC is merely one person—from a left leaning district—of 435.

 

[HisArpy]

That noise was the point zooming well above your head.

Pontificating about aliens in orbiting spaceships is not any sort of support for your position.

 

[Botanical11B]

You only see what you want to see. Quit licking Derpy's butt and read his post #2079: "Right now, the market appears to be at the bottom. We know the Dow can do 29k or more so there's a LOT of room for the market to rise."

That's a far fuckin' cry from the WILD ascription you've been throwing at him.

What Arpy writes...

Right now, the market appears to be at the bottom. We know the Dow can do 29k or more so there's a LOT of room for the market to rise.

What Coati sees....before telling others they only see what they want.

Snap up all those stock market bargains now, while the gettin' is good. What goes down must go up.

Stock market growth is God-- it's infinite and goes on forever.

You mischaracterize a number of my post in the same way.

I say one thing, and you just go orbital with it.....just totally off the charts crazy.

Oh well I suppose I can't blame you, you wouldn't have anything else to stand on or support your positions if you weren't so dishonest.

 

[HisArpy]

All of the lags documented in past recessions and depressions no longer apply, because Derpy has some inside information.

1. This isn't a recession or depression.

2. Historical data supports the projections of the analytical experts.

3. The information I cited as a source for my position is public information easily found via any of the search engines.

 

[coati]

This isn't a recession or depression.

Whatever you say, Wizard.

Talk again in "Q3-Q4".

 

[Botanical11B]

Because he knows—as do I—that your claim is exaggerated bullshit from a rabid partisan hack. In case you didn’t notice, Democrats rejected Sanders again. And AOC is merely one person—from a left leaning district—of 435.

You think AOC is the only (D) holding leftist views in the DNC?

Did you not see near EVERY candidate for 2020 support nationalizing parts of our economy during the debates?

You do realize that is WILDLY left of where they were 10 years ago??

Have you not read the party platform lately? It's absolute proof that my claim is not exaggerated bullshit, no matter how badly you want to ignore it and pretend (D)'s are still the party of liberalism. They're not.

They are the party of taking business to task for the sake of equity.....you, Adre, a rich white guy, are who they are coming after to get that equity.

https://democrats.org/where-we-stand/party-platform/

 

[HisArpy]

Whatever you say, Wizard.

Talk again in "Q3-Q4".

Have good growing season dudly. And make that harvest count.

 

[Adre]

You think AOC is the only (D) holding leftist views in the DNC?

Did you not see near EVERY candidate for 2020 support nationalizing parts of our economy during the debates?

Didn’t see Harris do it. Nor Buttegieg. Nor Biden. Nor Klobuchar. Nor Gillebrand. Nor Patrick. Nor Yang. Nor Bennett.

Look, there are Nazis and white supremacists in the Republican Party. Do you condemn all Rs? No, you don’t. The majority of Dems and Pubs are hard working patriotic capitalists. You just refuse to accept this very obvious fact.

 

[Dribble]

In this corner, the corner of fantasy island, we have derpy....

And then we have the corner of reality...as pointed out by 45 leading economists

https://www.cnbc.com/2020/04/10/eco...cted-to-keep-spending-despite-job-losses.html

 

[trysail]

Compound Average Annual TOTAL RETURNS with no frictional costs (i.e. taxes, bid/ask spreads or commissions)

		S & P 500 Index = 2789.82							
									
1 Yr.	2 Yr.	3 Yr.	4 Yr.	5 Yr.	6 Yr.	7 Yr.	8 Yr.	9 Yr.	10 Yr.
-3.43 	4.69 	7.47 	9.99 	8.18 	8.96 	10.53 	11.31 	10.56 	11.21 
									
		YTD=	-13.15%

​

 

[Botanical11B]

Didn’t see Harris do it. Nor Buttegieg. Nor Biden. Nor Klobuchar. Nor Gillebrand. Nor Patrick. Nor Yang. Nor Bennett.

Harris was one of the first.
https://www.nbcnews.com/politics/20...ealth-insurance-new-democratic-litmus-n964241

Gillebrand called socialism an urgent goal.
https://freebeacon.com/issues/gillibrand-on-eliminating-private-health-insurance-its-an-urgent-goal/

No, Yang, Buttegieg, Klobuchar, Gabbard, Ojeda and Bennett....didn't support it.

So 5 liberals.....a dimentiatic partisan tool (Biden) and 21 socialist.

Obama and Bill Maher told them to knock the commie shit off and were smeared as alt-right adjacent conserevitards.

But hey, no lurch left in that right???

Look, there are Nazis and white supremacists in the Republican Party. Do you condemn all Rs? No, you don’t.

They aren't writing the party platform, rapidly taking over the party, nor are the liberal (R)'s standing there going "Nope....that's OK!!! We love our "progressive" friends the authoritarians !!" nor are there over 20 Nazis challenging Trump.

Can't say the same for the (D)'eez.

The majority of Dems and Pubs are hard working patriotic capitalists. You just refuse to accept this very obvious fact.

That majority of liberal Dems has been RAPIDLY shrinking in the last several years with very little if any resistance from the party. The authoritarians are running moderate liberal Obama voters like myself off. We're racist reich-wingers...because free speech, civil rights and capitalism are EVIL!!!

This is doing major damage to the party, it's branding and thus ability to win over moderates/liberals.

You just refuse to accept this very obvious fact.

 

[doowdniw]

I'm going all in with airline, cruise line, O&G and casino stocks. Come on, baby, Momma needs a new pair of shoes.

I was just kidding. I didn't really do that. Momma already has plenty of shoes. We made some changes to the portfolio back in late January - early February. Still took about a 12% bath in lost value in the equities portion of the portfolio since then through end of March. I have a high risk tolerance and long-term horizon, and I don't need additional liquidity, but I wouldn't presume for a moment to opine on what others, about whom I know nothing regarding their personal finances, should do with their investments.

The markets will recover from the current situation, but whether it is a "V" shaped recovery or a slower recovery will depend on a number of things that we don't yet know. An example would be whether or not we have substantial second or third waves of infection later this year and going into 2021. Some of the rosy projections for Qs 3 & 4 assume no additional waves of infection. That may well be overly optimistic.

 

[HisArpy]

In this corner, the corner of fantasy island, we have derpy....

And then we have the corner of reality...as pointed out by 45 leading economists

https://www.cnbc.com/2020/04/10/eco...cted-to-keep-spending-despite-job-losses.html

From your linky, right up front:

By the third quarter, growth should be possible though unemployment should hit 12% in the second quarter.

Now I wonder how some people think I'm wrong in a Q3 recovery yet those 45 economists in the article are saying exactly what I've been saying.

Just saying...

 

[SugarDaddy1]

Larry Fink & BlackRock

Larry Fink, CEO of the world’s biggest asset manager BlackRock, told shareholders that the economy will recover from the coronavirus pandemic, and when it does, there will be “tremendous opportunities” to be had.

“As dramatic as this has been, I do believe that the economy will recover steadily, in part because this situation lacks some of the obstacles to recovery of a typical financial crisis,” Fink said. “Central banks are moving quickly to address problems in credit markets, and governments are now acting aggressively to enact fiscal stimulus.”

BlackRock manages $7.4 trillion for clients around the world and has the industry’s biggest ETF franchise. The furious decline in stock markets this month have created an opportunity for some clients to move more into equities, Fink said. He cautioned that it is “impossible” to know if markets have bottomed and that heavily indebted companies will struggle in the weeks ahead.

 

[Adre]

Harris was one of the first.
https://www.nbcnews.com/politics/20...ealth-insurance-new-democratic-litmus-n964241

Gillebrand called socialism an urgent goal.
https://freebeacon.com/issues/gillibrand-on-eliminating-private-health-insurance-its-an-urgent-goal/

No, Yang, Buttegieg, Klobuchar, Gabbard, Ojeda and Bennett....didn't support it.

So 5 liberals.....a dimentiatic partisan tool (Biden) and 21 socialist.

Obama and Bill Maher told them to knock the commie shit off and were smeared as alt-right adjacent conserevitards.

But hey, no lurch left in that right???



They aren't writing the party platform, rapidly taking over the party, nor are the liberal (R)'s standing there going "Nope....that's OK!!! We love our "progressive" friends the authoritarians !!" nor are there over 20 Nazis challenging Trump.

Can't say the same for the (D)'eez.



That majority of liberal Dems has been RAPIDLY shrinking in the last several years with very little if any resistance from the party. The authoritarians are running moderate liberal Obama voters like myself off. We're racist reich-wingers...because free speech, civil rights and capitalism are EVIL!!!

This is doing major damage to the party, it's branding and thus ability to win over moderates/liberals.

You just refuse to accept this very obvious fact.

tl,dr: Let’s talk when President Biden is in the OO.

 

[Hugh_Essay]

What's the score?

Who's winning?

 

[Hugh_Essay]

tl,dr: Let’s talk when President Biden is in the OO.

That could be a long wait...

 

[coati]

Sense of relief...

I'm feeling a lot better today, knowing that Herbert "Derpy" Hoover told us that, according to experts, we are not in a recession, and that prosperity is just around the corner.

I hope this means there is a Franklin Delano Roosevelt waiting in the wings.