It’s looking more likely that NFL season will be cancelled.

[DeAngelo Beason]

8 minutes ago, electro's horse said:

 

The fed has been propping up the stock market for the better part of a year. like go look up what the Fed has been doing with the overnight liquidity markets since last october. Or how they've PROBABLY started buying ETFs. And the reason the market is stabilizing in the midst of a massive pandemic with a collapse of demand and close to 30% real unemployment is they just know the fed is going to keep it up. 

 

This is how the fed injects liquidity into the markets without printing money and causing inflation.  Come on man.  Without doing this no businesses would have liquidity left and 30% or more of US industry would collapse.  You really do want to live in a hellscape don't you?  

Buying ETFs does way more to support businesses that provide tens of millions of jobs than it does to help a couple day traders.  SMH...

What you're arguing for is essentially the collapse of civilization.

[Panther'sBigD]

1 minute ago, DeAngelo Beason said:

 Dunning-Kruger*

I don't see anyone stepping up with intelligent debate.  Just stupid comments like this one.

Fiz did debate you, and pointed out most of the flaws in your point of view. Intelligent debate requires at least two intelligent parties with conflicting points of view, and you've proven to be unintelligent, particularly with regards to how repo markets work, and how they're used. 

Thanks for spotting me the hyphen. At least your punctuation game is on point, I guess?

[DeAngelo Beason]

10 minutes ago, Panther'sBigD said:

Fiz did debate you, and pointed out most of the flaws in your point of view. Intelligent debate requires at least two intelligent parties with conflicting points of view, and you've proven to be unintelligent, particularly with regards to how repo markets work, and how they're used. 

Thanks for spotting me the hyphen. At least your punctuation game is on point, I guess?

Feel free to explain repo markets and how anything I said conflicts with how they operate.

Or, you can just continue being a snarky prick with nothing to add to the conversation.

[DeAngelo Beason]

23 minutes ago, Panther'sBigD said:

Fiz did debate you, and pointed out most of the flaws in your point of view. Intelligent debate requires at least two intelligent parties with conflicting points of view, and you've proven to be unintelligent, particularly with regards to how repo markets work, and how they're used. 

Thanks for spotting me the hyphen. At least your punctuation game is on point, I guess?

Or better yet, provide an alternative to how we can replace $4 trillion a day in liquidity in our financial system, and how are financial system could possibly function without them.

[Panther'sBigD]

25 minutes ago, DeAngelo Beason said:

Feel free to explain repo markets and how anything I said conflicts with how they operate.

Or, you can just continue being a snarky prick with nothing to add to the conversation.

Fiz already did; very succinctly. 

[Panther'sBigD]

24 minutes ago, DeAngelo Beason said:

Or better yet, provide an alternative to how we can replace $4 trillion a day in liquidity in our financial system, and how are financial system could possibly function without them.

Call their bluff. Stop propping them up. Let them fail. There are enough banks and investment firms with enough liquidity on any given day to sustain the daily repurchase market. If not, they should alter their investment strategies to accommodate, instead of running to daddy Fed every time they need better terms. 

[Devil Doc]

I went into Medicine Also and this Virus, will be quelled by July, Mitigated by August, and gone by November, just conveniently  before Elections. 

[electro's horse]

Just now, Devil Doc said:

I went into Medicine Also and this Virus, will be quelled by July, Mitigated by August, and gone by November, just conveniently  before Elections. 

i mean im not sure why you believe that. 

Also remember guys the Fed is not bailing out the banks. except when they do

https://taibbi.substack.com/p/the-trickle-up-bailout

In late March, for instance, Citigroup bought nearly $2 billion of AAA-rated securitized commercial loans from PGIM, the investment management business of Prudential, at roughly 90 cents on the dollar. According to Bloomberg, Citi then turned right around and sold those bonds to the Fed’s Primary Dealer Credit Facility at “closer to par,” i.e. nearer to 100 cents on the dollar, a nearly instant $100 million windfall. The reader should be able to do the math on who knew what, and when, in that story.

[Devil Doc]

10 minutes ago, electro's horse said:

i mean im not sure why you believe that. 

Also remember guys the Fed is not bailing out the banks. except when they do

https://taibbi.substack.com/p/the-trickle-up-bailout

 

 

I believe this because I know why the "Deaths" are happening with the Virus. Mainly, because of being unprepared, un-experienced in treating, diagnosing, and availability of hospital beds. Once the Virus passes, it will still be 'around' and there will still be cases of it, just like the flu. The only difference now is, we can diagnose it quicker, isolate faster, and stop it from spreading. We will also know, who the virus effects more, vulnerabilities of the Virus and who has already had it. By July, remember that is in almost 3 months, things will be already figured out. Will a Vaccine be created, prolly not, however, there is thousands of Viruses that there is no vaccine for, that people are exposed to. 

[electro's horse]

14 minutes ago, Devil Doc said:

I believe this because I know why the "Deaths" are happening with the Virus. Mainly, because of being unprepared, un-experienced in treating, diagnosing, and availability of hospital beds. 

this isn't true

what do you do if you don't mind me asking?

[jerrya]

Looks like a drug company called Gilead Sciences is very close to having a drug to cure Covid-19.  It is in clinical trials now getting good results.  If this is true,  the season might be a go.  

Gilead Sciences stock soars on reports that antiviral drug known as remdesivir, is helping treat patients infected with coronavirus. Yahoo Finance’s Emily McCormick breaks down how the medicine has helped reduce COVID-19 symptoms and led to an increase in discharges at hospitals.

[LinvilleGorge]

8 hours ago, Panther'sBigD said:

Call their bluff. Stop propping them up. Let them fail. There are enough banks and investment firms with enough liquidity on any given day to sustain the daily repurchase market. If not, they should alter their investment strategies to accommodate, instead of running to daddy Fed every time they need better terms. 

We definitely don't need to repeat the mistakes of the '09 housing crisis where the banks got bailed out en masse and they still foreclosed on people in droves. That's a helluva deal where you get bailed out and you still get the real estate assets too. That was a complete travesty.

[Carl Spackler]

5 hours ago, electro's horse said:

this isn't true

what do you do if you don't mind me asking?

Eating paint chips would be my guess

[Paa Langfart]

12 hours ago, electro's horse said:

The bank bailout is coming. Don't kid yourself. 

The amount of car loans that go under will be friggin massive let alone the business and home mortgages.  

 

This has depression written all over it.  I said it 4 weeks ago.  And the fools that think that going back to normal will help a bit a delusional.   - last I read 75% of the public everywhere knows this poo is bad and are not going back to business as usual until there is either effective treatment and or a proven safe vaccine.