Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

[dxmnkd316]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

S&P isn’t even slow and steady. There aren’t many firms that can beat it in total returns.

 

[dxmnkd316]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Futures just stopped at 5% down. Guess we all pony up and see what happens tomorrow.

 

[Handyman]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Goldman Sachs: GDP might drop by 25% in second quarter<br><br>Fed Reserve President Bullard: Hold my beer<br><br>'US unemployment might hit 30% in Q2 because of coronavirus shutdowns, and GDP might drop by 50%.'<br><br>That is not with the "if Congress does nothing" caveat.<a href="https://t.co/hOyvjd4uPO">https://t.co/hOyvjd4uPO</a></p>— Josh Jordan (@NumbersMuncher) <a href="https://twitter.com/NumbersMuncher/status/1241820406140547072?ref_src=twsrc%5Etfw">March 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">For some horrifying historical perspective, the unemployment rate in the Great Depression peaked at 24.9%.<br><br>And the US didn't hit that point until 1933, after nearly four years of a steadily worsening crisis. If we actually hit 30% right off the start, it'll be absolutely brutal. <a href="https://t.co/dMGCUqmZ7c">https://t.co/dMGCUqmZ7c</a></p>— Kevin M. Kruse (@KevinMKruse) <a href="https://twitter.com/KevinMKruse/status/1241821091066150912?ref_src=twsrc%5Etfw">March 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

I should have stayed in Mexico...

I definitely was too optimistic when I said 14k was my guess where the Dow bottoms out. Unless something is done we could be looking at under 10k a month from now. Apple might not have to spend very much to buy Disney and completely ruin the world.

geezer,

Yeah find some low risk mutual fund and go to town. It wont do much for you now but if you buy when the market is crashing you will get it cheaper than normal and in 5 years most likely you will be dancing over how you scored. Since my 401k already is in the low risk funds and I have 2 in my Ameritrade account I might take a chance on a few things myself. I have my eye on a few mutual funds that have been suggested to buy during a Bear Market and I wont lie, watching Disney drop and with rumors of the buyout swirling it is worth looking at. (though not likely for me)

 

[Handyman]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Oh sweet Jeebus <a href="https://t.co/4SDEhSeVPO">https://t.co/4SDEhSeVPO</a></p>— Rick Wilson (@TheRickWilson) <a href="https://twitter.com/TheRickWilson/status/1241918160049188864?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Handyman]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">January 30 <a href="https://t.co/zo9fip76wc">https://t.co/zo9fip76wc</a></p>— Jake Tapper (@jaketapper) <a href="https://twitter.com/jaketapper/status/1241886301776994309?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Deutsche Gopher Fan]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="in" dir="ltr">Blah blah blah <a href="https://t.co/zkJ1fsKMGc">https://t.co/zkJ1fsKMGc</a></p>— Senator John Cornyn (@JohnCornyn) <a href="https://twitter.com/JohnCornyn/status/1241889311294918657?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[mookie1995]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

So smart people: if the "throw money around indiscriminately" checks come next month, and I want to invest $2,000 for my retirement in 15 to 25 years, what stocks or sectors make the best investment at the moment?

https://etfdb.com/themes/leveraged-3x-inverse-short-etfs/

 

[dxmnkd316]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

https://etfdb.com/themes/leveraged-3x-inverse-short-etfs/

If you don't know what "leveraged" means or the far scarier, "3x leveraged", assume they mean "You will lose everything"

 

[Kepler]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

If you don't know what "leveraged" means or the far scarier, "3x leveraged", assume they mean "You will lose everything"

It seems to me the only three people on the planet who would invest in that instrument would be the President, the Fed Chair, or MBS, who could each tank the economy by themselves.

How the f-ck can this do 23M in volume? Srsly? Is it just crook brokers burning their clients for the commissions?

 

[St. Clown]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

It seems to me the only three people on the planet who would invest in that instrument would be the President, the Fed Chair, or MBS, who could each tank the economy by themselves.

How the f-ck can this do 23M in volume? Srsly? Is it just crook brokers burning their clients for the commissions?

It’s for the investors who have an already established portfolio, and this product should be seen as play money on the side. It’s for speculation.

 

[Kepler]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

It’s for the investors who have an already established portfolio, and this product should be seen as play money on the side. It’s for speculation.

They could use that money to help people. The ironic thing is studies show that would make them happier, too.

 

[mookie1995]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

They also have 3x positive.

Mookie bought the 3x financial sectors positives after the 2008 crash.

 

[dxmnkd316]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

They could use that money to help people.

<div class="tenor-gif-embed" data-postid="4596905" data-share-method="host" data-width="25%" data-aspect-ratio="1.8769230769230767"><a href="https://tenor.com/view/spiderman-jjonah-jameson-laugh-laughing-lol-gif-4596905">Risa De Spiderman GIF</a> from <a href="https://tenor.com/search/spiderman-gifs">Spiderman GIFs</a></div><script type="text/javascript" async src="https://tenor.com/embed.js"></script>

 

[Handyman]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The U.K. economy will contract at least 10% in the first half of the year from the fallout from the coronavirus <a href="https://t.co/K6n6IXnjsf">https://t.co/K6n6IXnjsf</a></p>— Bloomberg (@business) <a href="https://twitter.com/business/status/1242111875871113229?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[mookie1995]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

the Donald would blow someone to see US only drop 10% over the first two qtrs

 

[aparch]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The market has just "erased" Donald Trump.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: Dow has erased all of its gains since Trump's election in November 2016. <a href="https://t.co/DbN3KVGJ9J">https://t.co/DbN3KVGJ9J</a> <a href="https://t.co/NVXJCft6lq">pic.twitter.com/NVXJCft6lq</a></p>— CNBC Now (@CNBCnow) <a href="https://twitter.com/CNBCnow/status/1242114812605353984?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[Kepler]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The market has just "erased" Donald Trump.

If only.

 

[Handyman]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The market has just "erased" Donald Trump.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: Dow has erased all of its gains since Trump's election in November 2016. <a href="https://t.co/DbN3KVGJ9J">https://t.co/DbN3KVGJ9J</a> <a href="https://t.co/NVXJCft6lq">pic.twitter.com/NVXJCft6lq</a></p>— CNBC Now (@CNBCnow) <a href="https://twitter.com/CNBCnow/status/1242114812605353984?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Isnt that pretty much the profit curve of one of his businesses. He pumps them up and they crash. Trump is basically a chop shop selling junk bonds.

 

[ScoobyDoo]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

The market has just "erased" Donald Trump.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: Dow has erased all of its gains since Trump's election in November 2016. <a href="https://t.co/DbN3KVGJ9J">https://t.co/DbN3KVGJ9J</a> <a href="https://t.co/NVXJCft6lq">pic.twitter.com/NVXJCft6lq</a></p>— CNBC Now (@CNBCnow) <a href="https://twitter.com/CNBCnow/status/1242114812605353984?ref_src=twsrc%5Etfw">March 23, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

How is that possible? The tax cut was supposed to give us 6% GDP.

 

[joecct]

Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Think they'll settle for $50,000,000?

https://brobible.com/gear/article/54-million-mansion-portola-valley-california-golf-hockey/amp/

Amber -- a future Futile 4 site?