Scholarship table
That's all we ever do.You really want people to stay home? Don't make them stress about paying their bills temporarily. Give individuals money.
Wow, I'm very concerned for Benny. Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.
The covid-19 crisis is a black swan event, which accelerated/amplified any market turndown that might have otherwise occurred
Corporate give-backs have a better chance of ending up in campaign coffers; unfortunately, both parties know this all too well, which is why that's always the default.Honestly, I'm not sure where we go from here. We are in a health/wellness crisis, not an economic/productivity/employment crisis. Granted, the latter can have a profound effect on the former, but I would argue that if we're going to print money, give it into the NIH and CDC to partner with the private sector to solve the health/wellness problem so all of the other problems can resolve themselves.
What I mean by all this, where piratical start converting manufacturing capacity to make things like masks, respirators, medical supplies, hand sanitizer, soap, lab equipment, materiale for testing, etc. Whereas in WWII we converted auto manufacturing to build plans, tanks, and trucks we can convert Food & Bev, etc manufacturing to health care focused manufacturing until the crisis passes.
I am having a difficult time understanding why anyone would be in a very overbought market. Actually there is a term for this “Chasing The Market.”
Getting more help from companies that are able to produce needed items would be helpful. But to play devil's advocate here, I think a key difference between the epidemic and war-time scenarios is timing. Using China as an example, by the time companies to change up manufacturing lines and re-allocate resources to produce these items in mass, there may no longer be a significant need for them. Wars last for years, which gives companies time to respond and help. This virus may only last a few months.
1) The market was "overbought" for years, but with historically low interest rates TINA (there is no alternative).2) The axiom that the market can stay irrational longer than you can stay liquid applies3) If you don't think the coronavirus is a black swan event I don't know what to tell you.
Some manufacturers can convert in days, especially the chemical and process industry. We can't assume this will last weeks at this point, I'd say plan for at least 4 months, so start moving now. Additionally, it will create a stimulative effect as the plants wiill need to "retool" to some extent, their suppliers will need to respond, etc. and then they will need to revert back. And we are going to burn through all of our back log so we're going to have to restock for sure when this ends so this is really at least a 12-18 month event.
Basically, if I were advising the federal government I would move to a war time footing with the enemy being anything that threatens public health. Unless it is basic infrastructure or military I would refocus and reposition it to public health. One, it will practically make a positive impact on what's going on, but almost as important it will give people a focus and purpose that if they aren't in the medical field they just don't feel right now. It will also distract wall street and give them something quantitative to focus on.Think of it as Churchhill rallying England during the Blitz. Only this time its Covid-19 instead of the Nazis
But unless something compromises their underlining employment, they are likely just delaying big purchases and going to hit restaurants again when the everything lifts.
Mr. Smith, Trading is a zero sum game. It appears to me you are holding losing stocks. I am NOT holding loosing stocks because l don’t chase the market or remain in a very overbought market. You should buy low and sell high. If you buy high and try to sell higher someone will be waiting to take your money! Low=Oversold and High=Overbought. You just keep blaming you loss on a “black swan” instead understanding the market you will loose. Zero sum game!
Trading is a zero sum game.
It appears to me you are holding losing stocks.
I am NOT holding loosing stocks because l don’t chase the market
You should buy low and sell high.
Oh, that's how this is supposed to work?
It appears you fundamentally don't understand what the stock market isSome are underwater. Overall the value of my portfolio is multiples higher than what I paid for it. It's just ~25% lower than it was a week agoSo you've been out of stocks since 2014 or so? Why didn't you say so? You should write a book and share your wisdom with the common folk
Mr. Smith you just keep trading your method. I will be there to take you money.
How can you take my money if you are out of the market?I mean, had you explained your unique buy low- sell high method before I'd be so much better off.
I really hesitate to bring this up but I think its relevant in the context of the investing thread. What are the long term impacts of this pandemic on the following:-Insurance industry, both health and life-if the mortality rate is relatively high, especially amongst the elderly, what does wealth transfer look like?-what is the long term impacts on medicare and social security? More viable or less