It is currently Mon Nov 25, 2024 5:06 am

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 2225 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12, 13 ... 75  Next
Author Message
PostPosted: Thu Dec 26, 2019 1:08 pm 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79557
Location: Ravenswood Manor
pizza_Place: Pete's
Nas wrote:
Boilermaker Rick wrote:
Nas wrote:
denisdman wrote:
Except unemployment and real wage gains are more important to the masses. Thanks Trump.


The unemployment trend is down from where Obama left it and the real wage gains is trending in the same direction Obama left it despite the tax cuts and the repatriation of the offshore money.

Trump and Obama really worked well together to make the 2010s great.


Recession free decade led by a black man and followed by an orange one. The decade of minority presidents!



Orange is the new Black.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don


Top
 Profile  
 
PostPosted: Thu Dec 26, 2019 1:10 pm 
Offline
User avatar

Joined: Thu Jul 09, 2009 11:31 pm
Posts: 8788
pizza_Place: Bojono's on Clarendon
Ebony and Tangerine...

_________________
I don't remember half the time if I'm hiding or I'm lost


Top
 Profile  
 
PostPosted: Tue Dec 31, 2019 12:47 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33067
Location: Wrigley
pizza_Place: Warren Buffet of Cock
For those that have been through the dot com and sub prime busts it really is something to see where the markets stand today. I honestly thought we’d never see another run like what happened for nearly two decades up until March 2000. But since March 2009, this has been a thing to behold.

_________________
Hawaii (fuck) You


Top
 Profile  
 
PostPosted: Tue Dec 31, 2019 12:50 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16486
pizza_Place: Boni Vino
denisdman wrote:
For those that have been through the dot com and sub prime busts it really is something to see where the markets stand today. I honestly thought we’d never see another run like what happened for nearly two decades up until March 2000. But since March 2009, this has been a thing to behold.


The Haynes bottom.

I should have listened to him...I've been short the market though most of the decade.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
PostPosted: Tue Dec 31, 2019 1:23 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33067
Location: Wrigley
pizza_Place: Warren Buffet of Cock
I have never wavered with my retirement money. I couldn’t believe how much it went down in percentage terms in 2000 and 2009. But I always knew I could survive the swings. Looking back it was the right choice. I had friends who went cash in 2009.

_________________
Hawaii (fuck) You


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 12:37 pm 
Offline
User avatar

Joined: Wed Jul 29, 2009 6:05 pm
Posts: 68612
pizza_Place: Lina's Pizza
Hit 29,000 for the first time ever.

_________________
The Hawk wrote:
There is not a damned thing wrong with people who are bull shitters.


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 1:34 pm 
Offline
User avatar

Joined: Mon Jan 19, 2009 11:19 am
Posts: 23915
pizza_Place: Jimmy's Place
denisdman wrote:
I have never wavered with my retirement money. I couldn’t believe how much it went down in percentage terms in 2000 and 2009. But I always knew I could survive the swings. Looking back it was the right choice. I had friends who went cash in 2009.


so your 409K is in pretty good shape then?

_________________
Reality is your friend, not your enemy. -- Seacrest


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 3:37 pm 
Offline
User avatar

Joined: Thu Oct 18, 2012 9:33 pm
Posts: 19045
pizza_Place: World Famous Pizza
Surely the market can only go up from here.

_________________
Seacrest wrote:
The menstrual cycle changes among Hassidic Jewish women was something as well.


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 3:39 pm 
Offline
User avatar

Joined: Thu Jul 09, 2009 11:31 pm
Posts: 8788
pizza_Place: Bojono's on Clarendon
Hatchetman wrote:
denisdman wrote:
I have never wavered with my retirement money. I couldn’t believe how much it went down in percentage terms in 2000 and 2009. But I always knew I could survive the swings. Looking back it was the right choice. I had friends who went cash in 2009.


so your 409K is in pretty good shape then?


I'm cleaning up!

_________________
I don't remember half the time if I'm hiding or I'm lost


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 7:46 pm 
Offline
User avatar

Joined: Wed Jul 29, 2009 6:05 pm
Posts: 68612
pizza_Place: Lina's Pizza
SpiralStairs wrote:
Surely the market can only go up from here.


No reason to expect the market can't sustain this level of growth forever.

_________________
The Hawk wrote:
There is not a damned thing wrong with people who are bull shitters.


Top
 Profile  
 
PostPosted: Fri Jan 10, 2020 8:03 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16486
pizza_Place: Boni Vino
Terry's Peeps wrote:
SpiralStairs wrote:
Surely the market can only go up from here.


No reason to expect the market can't sustain this level of growth forever.


Especially with Trump in office...expect Powell to feel the heat if there aren't a few more rate cuts before the election.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
PostPosted: Tue Jan 14, 2020 12:39 pm 
Offline
User avatar

Joined: Thu Oct 18, 2012 9:33 pm
Posts: 19045
pizza_Place: World Famous Pizza
https://www.cnn.com/2020/01/13/economy/ ... index.html

Can't wait till the Dow hits 35,000. These good times will NEVER end!

_________________
Seacrest wrote:
The menstrual cycle changes among Hassidic Jewish women was something as well.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 9:32 am 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
Coronavirus sinking stock market.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 9:46 am 
Offline
User avatar

Joined: Sat Mar 24, 2018 9:19 pm
Posts: 31619
pizza_Place: What??
Jbi11s wrote:
Coronavirus sinking stock market.

Is it worth welding people's doors shut and wrecking the economy?

It's rough for the weak and old. It's regular flu for normal people. You make the call, jbills. Should we have worldwide forced, by threat of a gun, quarantines?


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 9:51 am 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
I have diagnosed hyper tension.

Lock everyone up.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 9:52 am 
Offline
User avatar

Joined: Mon Aug 07, 2006 8:35 pm
Posts: 10793
Location: Parrish, FL
pizza_Place: 1. Peaquods 2. Aurelios
yes, but it's crippling China's ability to work and function. That kind of matters.

_________________
This Ends in Antioch wrote:
brick (/brik/) verb
1. block or enclose with a wall of bricks
2. Proper response would be to ask an endless series of follow ups until the person regrets having spoken to you in the first place.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 9:54 am 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
If oil goes under $40 my escape ND plan goes in the shitter.

Hopefully, the oil companies honor their budgets for the year if things go real bad, but who knows?

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 11:15 am 
Offline
User avatar

Joined: Sat Mar 24, 2018 9:19 pm
Posts: 31619
pizza_Place: What??
BigW72 wrote:
yes, but it's crippling China's ability to work and function. That kind of matters.

Choose your poison. By indications, it's a super spreader. Through the air. Bleach trucks in the streets and whatnot.

It's a rough tough flu. It's 3 to 4 times worse than regular flu. The longer you suppress it, the more likely it mutates into something even worse. I say be careful pulling out all the stops.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 12:56 pm 
Offline
User avatar

Joined: Sun Jul 02, 2006 6:08 am
Posts: 7181
Location: Section 433
pizza_Place: 1. Homemade 2. Jewels
This too shall pass.

https://finance.yahoo.com/news/buffett- ... 59889.html

Quote:
Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks

By Jonathan Stempel

(Reuters) - Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Monday called the coronavirus outbreak "scary stuff" but said that it was no time to sell stocks despite the threat of a pandemic.

Speaking on CNBC, Buffett said investors with a 10- to 20-year time horizon and focused on companies' earnings power will fare well in stocks, and that the outbreak has "not changed" his long-term outlook.

"It is scary stuff," Buffett said. "I don't think it should affect what you do in stocks."

Markets worldwide fell on Monday on concern about how the Covid-19 coronavirus outbreak, which began in China and has spread to countries including Italy, South Korea and Iran, could disrupt supply chains and slow global economic growth.

Buffett, however, said long-term investors should not get caught up in daily headlines, and that Berkshire would "certainly be more inclined" to buy stocks than on Friday.

"If you look at the present situation," he said, "you get more for your money in stocks than bonds."

He said this was true though the U.S. economy, while sill strong, had become "a little softer" than it was six months ago.

The economy grew 2.3% last year but has experienced slower consumer spending and industrial production.

Buffett spoke two days after Berkshire said operating profit fell 3% in 2019 to $23.97 billion, hurt by losses from insurance underwriting, while unrealized gains in Apple Inc and other investments boosted net income to a record $81.42 billion.

Berkshire, based in Omaha, Nebraska, has more than 90 operating businesses including the BNSF railroad, Geico auto insurer and Dairy Queen ice cream, and Buffett said the coronavirus outbreak has affected a significant number.

Many of the roughly 1,000 Dairy Queens in China are closed, while those that are open "aren't doing any business to speak of," Buffett said, while Johns Manville insulation and Shaw carpeting have seen supply chain disruptions.

"There's always trouble coming," he said. "The real question is where are those businesses going to be in five or 10 years."

Berkshire's stock price has trailed the Standard & Poor's 500 over the last decade, and Buffett said it will not trounce the broader market as it once did, in part reflecting its size and roughly $558 billion market value.

Buffett said Berkshire over the long term is unlikely to be in the top 15% or bottom 30% of stocks, but will outperform in down markets.

Any long-term outperformance "will be minor, but it will be done in a very very safe manner," he said.

_________________
"I honestly don't see a good bet on the board here."


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 12:59 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16486
pizza_Place: Boni Vino
Did not know there were 1,000 Dairy Queens in China.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 1:11 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33067
Location: Wrigley
pizza_Place: Warren Buffet of Cock
Buffett looked very poor on CNBC this morning. He bumbled more than ever. He should stop doing these kinds of interviews because he looks like the world has passed him by. When Becky asked him how he felt about Berkshire underperforming the S&P in one, three, five and ten year periods over the past decade, he really couldn’t explain it well.

He also gave a story from 1918 and why 1986 tax law changes make it inefficient to break up his company. Nothing like current events.....

_________________
Hawaii (fuck) You


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 1:12 pm 
Offline
User avatar

Joined: Mon Oct 03, 2005 1:04 pm
Posts: 13257
Location: God's country
pizza_Place: Gem City
Jaw Breaker wrote:
Did not know there were 1,000 Dairy Queens in China.
A bit of trivia...the 1st DQ ever opened in Joliet, IL in 1940.

_________________
“Mr. Trump is unfit for our nation’s highest office.”- JD Vance
“My god, what an !diot.”- JD Vance tweet on Trump
“I’m a ‘Never Trump’ guy”- JD Vance


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 1:27 pm 
Offline
User avatar

Joined: Mon Feb 16, 2015 1:15 pm
Posts: 41377
Location: Small Fringe Minority
pizza_Place: John's
Jbi11s wrote:
If oil goes under $40 my escape ND plan goes in the shitter.

Hopefully, the oil companies honor their budgets for the year if things go real bad, but who knows?


Bernie Sanders is more likely to shit on your fossil fuel fortune dreams than any virus.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 1:28 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
Caller Bob wrote:
Jbi11s wrote:
If oil goes under $40 my escape ND plan goes in the shitter.

Hopefully, the oil companies honor their budgets for the year if things go real bad, but who knows?


Bernie Sanders is more likely to shit on your fossil fuel fortune dreams than any virus.

Yes, if I stayed past this year smarty pants.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 2:36 pm 
Offline
User avatar

Joined: Thu Feb 17, 2005 2:35 pm
Posts: 82222
Hold me!

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 2:42 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
Fine.

But your little spoon this time.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 3:29 pm 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
How will tomorrow's dead cat bounce be viewed?

Will the buffoons in financial media sound anywhere near as clueless as they all do today?

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 4:17 pm 
Offline
User avatar

Joined: Sat Mar 24, 2018 9:19 pm
Posts: 31619
pizza_Place: What??
Regular Reader wrote:
How will tomorrow's dead cat bounce be viewed?

Will the buffoons in financial media sound anywhere near as clueless as they all do today?

What are the buffoons saying?


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 4:26 pm 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
Nardi wrote:
Regular Reader wrote:
How will tomorrow's dead cat bounce be viewed?

Will the buffoons in financial media sound anywhere near as clueless as they all do today?

What are the buffoons saying?


Loads and loads of technical b.s., while completely ignoring the underlying support concerns of an (imo) irrationally inflated market.

All of the same kind of obtuse talk 12 years ago and to appear to have insight into the mess of 2007-8.

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
PostPosted: Mon Feb 24, 2020 4:37 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33067
Location: Wrigley
pizza_Place: Warren Buffet of Cock
The current valuations don’t make sense. But when you look at how flooded the financial system is with excess cash and the lack of alternative investments, you can barely earn any yield, so you are forced to plow into equities. I know commercial real estate is seeing cap rates of 3-4%, which sucks too.

_________________
Hawaii (fuck) You


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2225 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12, 13 ... 75  Next

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 0 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group