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8 April 2020, 04:15 AM | #181 |
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8 April 2020, 04:27 AM | #182 |
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How do these threads get so FAR off topic!!! The guy has 10 grand in the bank, 99% chance the account is insured for 250k FDIC.... PROBLEM OVER!! I’m sitting in my condo in manhattan just hoping to survive!!! Carry on!
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8 April 2020, 04:48 AM | #183 |
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8 April 2020, 05:17 AM | #184 |
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8 April 2020, 06:09 AM | #185 |
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9 April 2020, 01:23 AM | #186 | |
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Quote:
Sent from my Motorola Bag Phone |
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9 April 2020, 01:50 AM | #187 | |
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730 people died yesterday. In one day. Update -- another 779 died on April 7. Delete your account. |
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10 April 2020, 11:40 AM | #188 | |
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Yep. Sent from my iPhone using Tapatalk Pro |
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10 April 2020, 12:09 PM | #189 | |
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Your advisor is correct on all accounts. Not a systemic problem, an event driven problem. Huge difference. And they are not comparable. I have analyzed (probably overanalyzed) this for clients and have been on 2-3 calls a day for the last 3 weeks with economists, investment managers and I think the Pope. Opinions on recovery timing are as diverse as many of your watch collections but most agree it will be relatively quick and that this is nothing like 2008. A good follow if you want solid data and to follow someone that I have followed for years who has been right more than wrong is Brian Wesbury from First Trust Advisors. He and his cohorts are doing almost daily communications at this point and I believe some are public. Sent from my iPhone using Tapatalk Pro |
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10 April 2020, 12:18 PM | #190 |
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So, we still doing a run on banks like 1939 Poland?
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10 April 2020, 12:19 PM | #191 | |
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Quote:
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10 April 2020, 12:26 PM | #192 | |
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I don’t think the market will be back to all time highs overnight but most everything I hear and read is that it will more of a V shaped recovery than a U shape. But you have to separate the stock market from the economy. The economy will be a longer recovery. Sent from my iPhone using Tapatalk Pro |
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10 April 2020, 12:29 PM | #193 |
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I agree, there's no way there will be a rubberband-like recovery. Can you further explain what you mean by "you have to separate the stock market from the economy?" Thanks for taking the time to teach me something new.
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10 April 2020, 12:40 PM | #194 | |
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GDP vs. S&P, to oversimplify. GDP is what is generally used to measure the growth/contraction of the economy in the US. The S&P is what tracks the largest US companies by market cap. They do not necessarily move in lock step. The S&P will likely recover much faster than the GDP will in this case. Sent from my iPhone using Tapatalk Pro |
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10 April 2020, 07:12 PM | #195 | |
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__________________
Adam |
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10 April 2020, 07:51 PM | #196 | |
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Thanks for explaining.
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If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff) |
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10 April 2020, 08:07 PM | #197 |
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This thread has run its course and now closed.
__________________
ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
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