That's an excellent perspective from which to address this market. Especially since we both questioned the prudence in being heavily long two years ago.

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

Negative innerest rates will solve eveything

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

There’s just no where to put your money and get an adequate risk adjusted real return. Europe has negative rates, ours offer no real return, and what else do you want commodities, real estate? I started building a dividend yield portfolio as there is a lot of nice stuff out there. KSS is starting to look good again at 6%. At&t and NWL have done nice for me, while Macy’s has been poor. So you take risk with chasing stock yields.

I know a few people investing in various peer to peer lending platforms (i.e. as a lender), and they are getting decent returns.

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Hawaii (fuck) You

Hah yeah I know right. Japan has tried that since their real estate market crashed. Never worked. Europe is learning that too. It pissed me off when Trump pushed the Fed to lower our rates. Higher rates is a sign of strength not weakness in a low inflation environment. I actually has nabbed an 18 month CD at 2.75% and had a high yield savings at 2.25%. Then they lowered. Forced back into more stocks. Hard to keep dry powder at no return.

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Hawaii (fuck) You

But this wasn't a Trump concoction. The Fed gave Obama 6 years of QE. Think about Trump. He wants what Obama had. When they started raising rates, his paranoia got heightened. That and 2 quarters of shit growth.

That’s the myth as Hatchet was pointing out- low rates aren’t a cure. GDP growth was sluggish during the Obama years even with the flood of money. Normally after a deep recession you see roaring growth. Instead, they just creating more bubbles. Look at auto loans. Look at the repo crisis. Inflated housing prices in certain cities. The stock market. It’s not healthy.

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Hawaii (fuck) You

Looks like the dead cat bounce didn't last the morning.

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

why isnt orange face taking credit for the slide?

10-yr at 1.32%

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Bernie will fix it

And the filthy russians will help him...amirite JORR?

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

I take comfort that this place will be open throughout my lifetime of toil

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

I wouldn't care if Wall St got boarded up tomorrow. They've been a plague since the existence of 401K.

I've never understood the need to celebrate declines because it may be harmful to a politician.

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Be well

GO BEARS!!!

S & P 500 flat for the year. 4% off its high. A bear market is a 20%+ downturn. It's P/E ratio not much higher than the last 4 years. Earnings have been 60% positive. A correction would be healthy, and help create negative sentiment. No one can sidestep all bear markets when they come. A broadly diversified, not too heavy in stocks, and specific sectors portfolio will have a better chance of bouncing back when things get ugly. You'll never get anywhere financially punching a time clock. You have to own something.

Good time to buy some airline stock.

I don’t think people are long-term giving up using airplanes unless we are all dead and then who cares.

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You know me like that.

The stock market will continue to fall. A vaccine for the coronavirus is pie-in-the-sky stuff.

No containment. This can only end very badly. Meanwhile, Trump will continue to lie by saying everything's great.

Yeah but the Joker was a turdtapper.

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Honestly, I don't care.

The movie was stupid.

Down 600 early this AM.

denis, is this the end?

His blatant lies and attempts to blame everyone else seems to have blown up in his face. The first vote of no confidence in this clown from the investment class. Even though the chattering class in that area is now trying to blame the Fed.

His experts said one thing and minutes later from the same podium he foolishly lied with a straight face. Maybe now the cult will wake up.

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

And maybe pigs will fly and may be Seacrest will answer direct questions.

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While the Dow is down YTD right now it is not yet as far down as 6 months ago. What is an actual crash these days? By percentage I assume this has nothing at all in common with 1987-88.

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Elections have consequences.

The 2nd biggest economy in the world is crashing. There's no nuance or side issues.

Ask yourself this, do you have the same level of confidence in the trump financial markets with wild volatility, near zero interest, staggering national deficits, no reliable trading partners thanks to stupid trade wars and dumb trade deals by a certifiable liar running around mindlessly.

Except for trying to cover his exploding ass.

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

And we are inextricably tied to it. And now even the dollar is weakened in this pandemonium.

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

As an agent of chaos it will be interesting to see exactly which posters are bitchier than normal, or acting completely out of character while this crash happens.

Hopefully, our billionaire overlords will protect us tho.

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The most important thing now is to keep this mortality rate at 1% or less. If that's doable, people will be convinced that yes, it's just flu. Just a bit nastier.

And the second most important thing is to put the facts out there and to have a competent, experienced team out in front, shut up and let them do their jobs. Hell, Obama's team heavily invested in the use of the military in the Ebola and other virus battles and we didn't have this mess.

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