Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
That's why he wants to bail out the hotels and casinos and airlines. He's looking for an exit from the resort business. Bailout my ass.
Hopefully, everyone in Washington will come down with the TrumpVirus and we can let God sort them out.
take c…
Howdy folks,
We'll get through this and we'll be stronger. My mother used to say, 'if it doesn't kill you, it'll make your stronger' and she worked at Oak Ridge during WWII.
I'm extremely pessimistic about our gov't in Washington. Sorry, but t…
Howdy folks,
The best suggestion was by a former Fed Gov that they should overly liquidize the system so that everyone could borrow available funds as needed. He thought bailing out individual industries was a terrible idea - where's it going to s…
Howdy folks,
You start buying just after you projectile vomit all over your screen.
Start window shopping now for the post virus world. Don't try to play the froth. Go after those that are winning in this nastiness.
Just my plan,
Rono
Howdy folks,
We'll get through this but plan on it getting ugly.
The service sector and hospitality and tourism will survive. They will be different. Less of a sit down restaurant and more takeout and delivered. Entertainment will be virtua…
Howdy folks,
Please realize that nothing will ever be paid back. Not one dime. What's worse is that it will not help nor save these industries. The airline, cruise lines, hotels, casinos and anything that smells like travel or tourism are dead.…
Howdy,
Come on people, you know that 90% of all politicians are corrupt before they are elected and 90% that aren't become so in their first term. That leaves 1% that are worth a shit.'
I hope and pray they ALL come down with the virus and let Go…
Hi Marks,
The House should demand for Absentee Ballots nationwide. Won't happen because the Republicans are such Nazi whores but we can hope for the states. We have it now in Michigan because we passed it by referendum.
Oh well,
rono
Howdy folks,
In Italy it's a fine for this, but if you have tested positive, they are arresting you and charging you with manslaughter.
For the youth who contracted it in China, it seems the souvenir is decreased lung capacity of 20 to 30%. The…
Howdy folks,
Bought some SLV and been buying physical for a couple of months. At this POG and POS, there is no supply available. Dealers are out at these prices. Now if you want to pay a huge premium and wait.
Flatten the Curve
Peace
Rono
Howdy folks,
They were talking about which retailers are in trouble but we can all take a guess. Brick and mortar stores with minimal online and delivery services . . . toast. That would lead with Sears and Penny's but I'd include Macy's and ever…
O
Howdy folks,
Is this a trick question? Just asking.
The answer (for those still in school) is Nothing.
There is no way you can react or adjust to an unknown unknowable. This is the penultimate black swan event. The only way to deal with it …
Howdy folks,
The $1000 is a great idea and example of demand side economics. The vast majority of Americans will have an MPC near 1.0. They will be forced to spend every dime. It will bubble up to support the economy via increased aggregate dem…
Hi John,
Wife talked to her SIL yesterday at Amelia island who was out with her friend. They went to a restaurant, hit the shops, got an ice cream. AYSM!!
And so it goes,
Peace
Rono
Howdy starchild
Sorry I offended your sensibilities.
For they record grasshopper, I'm not even slightly worried about me and mine, but I'm scared shitless about you and yours and all those 100s of millions people that don't have my resources a…
Howdy,
No, so long as you can sleep at night. If you can't sleep, keep moving to cash until you can. Nothing else really matters.
There are a few around here that can remember 1987. I was a relatively new investor with deferred comp and back th…
Howdy Mark/all,
I can't read the article but am able to share a bit. The POG has been hammered due to folks having to raise cash for margin calls, etc. This is paper gold. While this is going on, gold had been hitting new highs in every other c…
Howdy folks,
PRESSemUp is spot on. Did you see the briefing. Now I'm scared. No rational investor can feel reassured. And as Mark pointed out, the Fed headed home to their bunkers - they have nothing left.
Look out below. I am more fear…
Hi john,
Hope you're doing well.
Lot's of things going on in the pm arena at this moment. The POG and POS got hammered to raise cash for both margin calls made worse by some funds being illiquid due to shale oil toilet paper debt. They are sel…
Howdy folks,
Several things going on to create the perfect storm for the global economy.
1. Trade war. I won't devote any time to the incredible damage continuing to happen due to this idiocy. No trade war in the history of mankind has ended w…
Howdy,
Another great tweet this am from Ian Bremmer - the Chinese are currently loading jumbo jets with supplies - PPE, ventilators, etc. and sending it to Italy. We're banning Italians and European like bloody lepers. They will remember this fo…
Hi Mark,
T. Friedman was on this morning and outlined 6 steps. Get Bezos to deal with PPE, Gates to deal with the vaccine. Drop all tariffs to zero. Have Don, Nancy and Chuck got to Camp David and NOT LEAVE until they come up with a fiscal stimu…
Howdy folks,
This might be a dupe postie.
Years ago I read a quote from the Elder Baron Rothschild that to survive an economic crisis, you need to have 1/3 of your Wealth in securities, 1/3 in real estate and 1/3 in rare art. Now you can substitu…
Howdy folks,
One analyst likened it to locking the after the killer is already in the house. Sure you keep out more killers, but golly how about the one that's already here among us?
rono
Howdy,
Wife and I have our rollover IRAs at Price - for over 20 years. We have her ROTH at Fido and we have a taxable account at TD. I've been pleased with all of them.
good luck,
rono
Howdy,
Teehehe. You folks watch SNL? Nightly News suggested that Don, Joe and Bernie all have to get on the Princess and whomever survives the coronavirus becomes President.
As for the foreign exchange students, you are incorrect because of the …
Howdy all,
Just to throw a wet blanket on your party, the rates for the 10 year and 30 year are at .47 and .91 . . . and folks are looking to the Fed to do something.
"perfect"
and so it goes,
peace,
rono
Howdy and a follow up.
I'm not looking at the panic stocks but at the changes we're going to see brought about by the virus. For example, retail. There are a LOT of peeps that have never bought something online or only did a little. Now they ar…
Howdy folks,
Warren is out but not endorsing anyone yet. Too much leverage right now. She'll stay as Senator because Mass has a republican gov and would appoint one.
Yesterday was the Biden bounce and today is the "I've gotta hunch day".
Them…
Howdy folks,
I don't think we're anywhere near the bottom. Sorry, but we're in the middle of a trade war, facing a pandemic, and we've got an idiot in the White House. We all hoped and prayed there wouldn't be some sort of international crisis .…
Howdy folks,
Nothing like a good pandemic to bring out the lurkers, huh? ;-)
I think Mark was spot on and most of everyone is keeping their powder dry.
The market was a ripe for a black swan type event. What, the longest bull run of how long?…
