Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[DaFace]

Originally Posted by Buehler445

Do you think there is going to be 30% unemployment?

Just a matter of how long this drags out to me. If we think there's a good chance that at least some of society will open up in a month or two, 30% seems way too high. If this is a 6+ month situation, I don't think it's out of the question that it could go that high.

[BigBeauford]

Originally Posted by DaFace

Just a matter of how long this drags out to me. If we think there's a good chance that at least some of society will open up in a month or two, 30% seems way too high. If this is a 6+ month situation, I don't think it's out of the question that it could go that high.

6 months would be absurd. I dont think anyone would stand by and just watch the annihilation of our society.

[Ninerfan11]

buy bitcoin. These hacks are trying to ruin us all.

[RunKC]

3 major crashes in the last 20 years. And people expect folks to save for retirement through the best possible facilitator (the market).

SS ain’t going anywhere

[Discuss Thrower]

Commercial RE defaults have to be coming down the pipe

The Cheesecake Factory tells landlords it will not be paying rents on April 1 https://t.co/AHjWusegPa pic.twitter.com/XlAevQxwWm

— Eater (@Eater) March 25, 2020

[Hog's Gone Fishin]

[lewdog]

Originally Posted by Hog's Gone Fishin

TLDR

Summarize?

[Discuss Thrower]

Originally Posted by lewdog

TLDR

Summarize?

Panglossian levels of butt****ingly stupid optimism.

Don't waste your time.

[Hog's Gone Fishin]

Originally Posted by lewdog

TLDR

Summarize?

Money is coming to help people pay their bills BUT:

Government gives the tenants the right to put off paying rent without eviction.

They also give the landlords right to put off paying mortgages but ONLY IF YOUR MORTGAGE IS BACKED BY FREDDIE MAC OR FANNIE MAY.

Which mine are not.

Our local JOP has a sign up saying there will be no eviction hearings until further notice.


I hate the notion of asking my lender to convert to interest only loans for awhile.

[lewdog]

Originally Posted by Discuss Thrower

Panglossian levels of butt****ingly stupid optimism.

Don't waste your time.

More downturn coming when unemployment numbers come out?

[Discuss Thrower]

Originally Posted by lewdog

More downturn coming when unemployment numbers come out?

Logically there should be but the bettor in me thinks not. Should have blew a breaker Monday but nah, that didn't happen.

ES futures are up for whatever reason.

[Buehler445]

Originally Posted by DaFace

Just a matter of how long this drags out to me. If we think there's a good chance that at least some of society will open up in a month or two, 30% seems way too high. If this is a 6+ month situation, I don't think it's out of the question that it could go that high.

Yeah. I’m pretty sure everybody would be all for rolling with the virus if unemployment even got to 15%.

Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall?

I don’t.

[Discuss Thrower]

Originally Posted by Discuss Thrower

ES futures are up for whatever reason.

Aaaaaand now they plunked.

[O.city]

Originally Posted by Buehler445

Yeah. I’m pretty sure everybody would be all for rolling with the virus if unemployment even got to 15%.

Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall?

I don’t.

People are already getting tired of it

There’s no chance it won’t burn people out on it

[Discuss Thrower]

Originally Posted by Buehler445

Yeah. I’m pretty sure everybody would be all for rolling with the virus if unemployment even got to 15%.

Think about what 30% would look like in 6 months. 6 Months is just shy of October. Yes. The top of that chart is 11% Do you really think dudes will be cool with quarantine for The rest of spring, all of summer and most of fall?

I don’t.

2008 was the "top" of the economy partially collapsing down on other parts which were faltering or susceptible to failing. It was a runner in a race in ill-fitting shoes and then pulled both Achilles' trying not to blow its kneecaps out.

In this case, the economy as a runner is on PEDs and running at a speed it shouldn't physically reach wherein it crashed into wall that is an indefinite lockdown thanks to the ChiCom Cough.