#2251
|
|||
|
|||
thank you!
I shop at Lowes often so would love to invest and support them. I will get on etrade on my next work break to see how to do that
|
#2252
|
||||
|
||||
#2253
|
|||
|
|||
Quote:
The whole thing about the ballooning corporate debt makes buying individual bonds somewhat unpalatable. But then again, debt holders don’t get wiped out the way stock holders do in a restructuring. Grim times |
#2254
|
|||
|
|||
Quote:
Unless you have $10 million or more to buy the bonds with. Otherwise you’re an irrelevance. |
#2255
|
||||
|
||||
Quote:
__________________
And we have just one world, But we live in different ones |
#2256
|
|||
|
|||
I already shop there
multiple times a month. Every plant in my yard, every home project, light bulbs etc. Maybe I'm alone in wanting my investment to make a difference to a company I already support. If enough others did likewise, it might matter.
|
#2257
|
|||
|
|||
Why is the dow shooting back up today?
|
#2258
|
||||
|
||||
Perhaps because we've learned that everything will be returning to normal by Easter?
__________________
It don't mean a thing, if it ain't got that certain je ne sais quoi. --Peter Schickele |
#2259
|
|||
|
|||
Stimulus plan looks like it may actually happen.
|
#2260
|
|||
|
|||
is it odd?
The Fed has stated they will back all corporate debt.
Congress appears they will pass a large bill that ensures much of the workforce and companies are underpinned through this. The President's recent comments show priority to the economy (even if that is walked back, it still gives incentive to FED and Congress to do WHATEVER it takes to make people and companies whole through this). My prediction is that in less than a week it will probably dip again when we hit some arbitrary # like 300 or 400 people a day dying, and the reality of how bad this is, and will be, will breakthrough the magical thinking taking place in the heads of too many. I wish I had a brokerage account to short things. One could probably do okay doing buys and shorts on DIA with each news cycle/Presidential COVID brief. Future dips I think are likely when actual numbers come in showing local (unemployed) and global (corp earnings) effects. |
#2261
|
|||
|
|||
Quote:
A lot of the "stay-the-course" investment is hinged upon the so-called Efficient Market Hypothesis, which states that asset prices reflect all available information. The info is out there, but it would just appear that information re: certain things is willfully ignored until it can't be, and then mass panic... That is not to say to time the market at all times, but it does make me wonder if it wouldn't be wise to at least arbitrage the risk... |
#2262
|
||||
|
||||
OT - Dow plunges 1,175 - worst point decline in history
Quote:
A stimulus or whatever does not provide the end game for this pandemic. It is a stop gap for the economic distress that is happening now. This pandemic will still be happening and worsening until we figure out a way to get past the actual disease...and the economic distress will likely outlive the current federal aid package. What then... |
#2263
|
|||
|
|||
Good points above. I just can’t believe anyone thinks the end is really in sight for this thing, hence my confusion about the Dow this morning. Magical thinking indeed. I wish I could be more optimistic.
|
#2265
|
||||
|
||||
POTUS just said it was because he said that America will be open for business by Easter.
Really, he did just say that. |
Tags |
economy, freemoneyhouse, stonks, vertdoug for fed chair, wealth, yen carry trade |
|
|