This pretty much sums up the current market.
IMF slashes growth forecasts, says world will ‘very likely’ experience worst recession since the 1930s; FUTS +328
— The_Real_Fly (@The_Real_Fly) April 14, 2020
I never knew the Fed possessed this much power and control. Sure, I knew they had tool kits and I knew they could sway markets. But I never thought they didn’t need an economy to jimmy-rig markets higher. We can all sit at home now, enjoying the splendor of markets and reel in new fresh money every single day. I’m not being jaded or cynical now. I am impressed!
For those of you who are still concerned with “MUH FREE MARKETS” — fuck off. She died in 2008.
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free markets, like democracy, are only effective if the average participants are well informed and not a crowd of idiots.
considering all human crowds are by definition, retarded… free markets and democracy… are not real.
they are the grown up versions of the easter bunny and santa claus.
If they want to play it this way. They need to be transparent and pre-announce what they are buying, how much and when.
the boards of JPM BLK and BX basically text Mnuchin what they want and he does it in the hopes that he might get dick pics when this is all over.
no fucking joke this is how america is being run right now.
Since the CDC and WHO models have been hugely wrong I decided to run my own models and here is what I found:
Fly- discovers that La Farm Bakery in Carey has delivery and quickly adds 50 lbs. of solid blubber
Ragin’Cajun- hears that LSU has been stripped of it’s NCAA football crown for improprieties and changes his name to just Ragin
Edge- becomes a block captain for the Trump campaign and is seen with his favorite MAGA hat
Heckler- becomes a linguistics prof at a local college in Seattle
ericbakerbruce- turns on Trump because he sees Edge at a Trump rally and backs Socialist Jill Stein
Narcist- runs for Mayor of Newark
Mr. Cain Thaler- becomes an organic apple farmer in Michigan
Moosh- stays as Moosh
Po Pimp- moves to Orlando and sell giant turkey legs at Disney World
RichardWeiner- becomes a rabbi
i_am_nemo- becomes a dramatic actor off Broadway
JakeGint- buys Churchill Downs with his gold profits
TraderCaddy- fails at stand up comedy everywhere except in the Villages where he has success telling jokes about Medicare and prostates
Hahaha this is awesome thanks for this! Lol
You missed Mr. Numbers!
(Hearty Laughter)
You aren’t far off, tradercaddy. I own a lot of land and have several rows of apple and pear trees.
Probably end up as an apiculturalist, though.
Thanks for the laugh TC. I know someone with a shit ton of MAGA hats…I went toa move on.org rally a while back. What wimps. I might look good in one of those hats.
TSLA just slaughtering again.
There is always an angle. Powell is apparently floating the of having the Fed charge 2 and 20 on investor accounts.
First down day in 7, for me, all short.
Please extend the lockdown for another year. The “thing” might come back, be scared, very…
BA vs TSLA. amazing.
Look at GS, there is hope.