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~* Make America Great Depression Again -- Official Thread of Corona Virus infected markets *~

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4 minutes ago, PaladinSolo said:

California just told everyone in the state, all 40 million, to stay home. 

 

 

Great oppurtunity for Weird Al to release a parody called "Nobody's Working For The Weekend".

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1 hour ago, Massdriver said:

I doubt that is priced in. 

 

If GS is projecting it, it's priced in somewhere. But the markets can be extremely irrational short term.

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43 minutes ago, CastlevaniaNut18 said:

Health care is a booming field. Just saying. 

I'm currently working for Highmark, if that makes any difference

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On 3/19/2020 at 12:10 AM, Massdriver said:

You got one of those for international ex us?

Unfortunately, at the moment not one that covers up until 2020, no.


Bogle’s recommendation is 20% international max, right?  Read his stuff a long time ago, can’t remember some of the finer details...there are some raging debate threads about it over on bogleheads, though

 

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10 minutes ago, b_m_b_m_b_m said:

Uhhhhhhhhhhhhhhhhh

 

 

:duckhuntdog: Someone was bs when they made the first forecast or just an idiot. 

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2 hours ago, Signifyin(g)Monkey said:

Unfortunately, at the moment not one that covers up until 2020, no.


Bogle’s recommendation is 20% international max, right?  Read his stuff a long time ago, can’t remember some of the finer details...there are some raging debate threads about it over on bogleheads, though

 

Bogle recommended 0-20% international weight. Vanguard recommends 20%-40%, and it looks like Vanguard is about to go for global weight in their target retirement funds. I have international weighted around 38% or so and I have been buying more of it than domestic the last few years because valuations seem much more attractive. Of course who knows the future and valuations may not mean shit. I just happen to be one of those bogleheads that believes in owning everything to be as diversified as possible. I will keep buying both.

 

If I could do it all over, I would just say get VT, a global market cap index fund, but there's nothing wrong with a 20% int weight imo.

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If Burr and Loeffler were smart they would at least try to argue in late Janairy and early February because the markets were at all-time highs.

 

I sold quite a bit of stock during the same time period.

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Rumours of 500k EI applications in Canada. To put that in perspective, that is the equivalence of 4.3 million in the US.

 

Not confirmed yet.

 

EDIT:

 

 

On the main tweet, it looks like Canada is going to start ordering companies to contribute to the effort.

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17 minutes ago, chakoo said:

:ana:

So futures now have the market below 19,000. https://www.bloomberg.com/quote/DM1:IND

Crude is below $20 https://ca.finance.yahoo.com/quote/CL=F?p=CL=F

 

I know trump likes to undo everything obama has done but does he also really need to go after his recovery of the markets? :duckhuntdog:

I'ts a sign of the times how crude crashed again today and it is just a story kind of buried in the back of the financial news. I didn't notice it until scrolling through commodities. 

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What does this even mean? He had an open conference call with all of them? :confused:

 

 

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7 hours ago, chakoo said:

:duckhuntdog: Someone was bs when they made the first forecast or just an idiot

I mean... it’s Goldman Sachs. 

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2 hours ago, chakoo said:

:ana:

So futures now have the market below 19,000. https://www.bloomberg.com/quote/DM1:IND

Crude is below $20 https://ca.finance.yahoo.com/quote/CL=F?p=CL=F

 

I know trump likes to undo everything obama has done but does he also really need to go after his recovery of the markets? :duckhuntdog:

I honestly thought I was looking at today's close, not the bloody futures!

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1 minute ago, SFLUFAN said:

I honestly thought I was looking at today's close, not the bloody futures!

 

Well, they are only like 0.5% apart.

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Quote

At least 75 million Americans are under virtual lockdown after Illinois became the latest state to issue a stay-at-home order in a bid to fight against the spread of the new coronavirus.

“I don’t come to this decision easily,” said Illinois Gov. J.B. Pritzker at a press conference Friday afternoon. “I fully recognize that in some cases, I am choosing between saving people's lives and saving people's livelihoods. But ultimately you can't have a livelihood if you don't have your life."

https://www.nbcnews.com/health/health-news/live-blog/coronavirus-updates-75-million-americans-under-virtual-lockdown-restrictions-tighten-n1165541

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16 hours ago, Firewithin said:

:dab:

That is definitely not a :dab: -worthy event.

 

I don’t want Trump re-elected either, but c’mon—people are losing their retirement savings, they’re losing their jobs...even considering what might happen with the courts, we should all be pulling for economic prosperity for everyone, whether it helps Trump or not.  Fuck whose president, it’s all about the people.
 

Not just directed at you, and I don’t want to come off as a sanctimonious prick if you were just making an abrasive joke; I’m just seeing this in way too many places, with people who are *not* joking, and while the drug of schadenfreud’s always tempting, no self-respecting dem/liberal/liberal-centrist/anti-Trumper/etc. should start acting like those craven, infantile Republicans/right-wingers who got upset when unemployment started getting relatively low under Obama.  (Remember they started calling it ‘fake’ up until Trump got elected?)

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