stock market was up today...

Fed balance sheet has grown more in this cycle than QE1, 2, and 3 under Bush/Obama, combined.

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But interestingly there are some who are worse off.

Ec3ZmLUWkAILy61.png
We have the flu, much of the rest of the world has cancer.
 
Helluva day. My portfolio is up a full effing point, today...

Two things:

1) Market is pricing in a vaccine by at most end of this year, beginning of next.

2) They realize that Biden/Harris, if elected, do not represent any sort of radical change over the long haul. Will all be cosmetic.
 
People have been sitting in their rented homes having tax payer dollars shoveled into their accounts while ducking the landlord and his request for rent. They will discover soon that the landlord will not accept used PS4 Call of Duty disks and other assorted AMZN crap for back rent.

I can't wait for this shoe to drop.
My only point is that Amazon was on fire breaking records PRIOR to Covid. There is no reason to believe their multiple lines of business are suddenly going to collapse in a post Covid economy.

Your point on the rents is valid though.
 
Two things:

1) Market is pricing in a vaccine by at most end of this year, beginning of next.

2) They realize that Biden/Harris, if elected, do not represent any sort of radical change over the long haul. Will all be cosmetic.
1) agreed

2) I actually agree here as well. Biden does not pose a systemic risk to the markets. Sanders or Warren would have been a different story.
 
1) agreed

2) I actually agree here as well. Biden does not pose a systemic risk to the markets. Sanders or Warren would have been a different story.


I am sure there would be some change in tax structure that would eat away at a bit of what was done under Trump. Just not severe enough to roil the markets based on speculation.

I mean, sure, Trump is trying to sell that. But I just don't think the markets are buying it.
 
I am sure there would be some change in tax structure that would eat away at a bit of what was done under Trump. Just not severe enough to roil the markets based on speculation.

I mean, sure, Trump is trying to sell that. But I just don't think the markets are buying it.

They are counting on the Senate staying in GOP hands, if the Dems take both houses and Biden wins watch the market plummet.
 
I am sure there would be some change in tax structure that would eat away at a bit of what was done under Trump. Just not severe enough to roil the markets based on speculation.

I mean, sure, Trump is trying to sell that. But I just don't think the markets are buying it.
Thank God we are all going to be saved by Biden and Harris. What do you think i should with my investments?
 
I am sure there would be some change in tax structure that would eat away at a bit of what was done under Trump. Just not severe enough to roil the markets based on speculation.

I mean, sure, Trump is trying to sell that. But I just don't think the markets are buying it.

A lot the market reaction will depend on if the Dems can get to 50 in the Senate (assuming Biden wins).
 
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Two things:

1) Market is pricing in a vaccine by at most end of this year, beginning of next.

2) They realize that Biden/Harris, if elected, do not represent any sort of radical change over the long haul. Will all be cosmetic.
1 agree with and think it happens
2. I just hope you're right if they win.
 
Fed balance sheet has grown more in this cycle than QE1, 2, and 3 under Bush/Obama, combined.

graph5.jpg






But interestingly there are some who are worse off.

Ec3ZmLUWkAILy61.png
Why is Apple doing this? Spare me the stock buy back stuff.

Apple Launches Unprecedented Second Bond Offering To Fund Billions In Buyback: How Much Will The Fed Buy

As per the filed prospectus, the Cupertino company is selling bonds in four parts, of which the longest maturity, a 40-year security, may yield around 135 bps above Treasuries. The other tranches include a 5, 10 and 20 years bond.
 
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