Tesla up in line with the rest of the market today.
Nearly 30% for the week
Shows that the market is reacting rationally.
?
Ghost of Igloi wrote:
https://twitter.com/TruthGundlach/status/1250569596433625088
I'm old enough to remember how people said American life would never be the same after 9/11.
That lasted around 6 months.
I'm sure the same 'never the same' has been cited after every major economic disaster.
And...is never true.
agip wrote:
Ghost of Igloi wrote:
https://twitter.com/TruthGundlach/status/1250569596433625088I'm old enough to remember how people said American life would never be the same after 9/11.
That lasted around 6 months.
I'm sure the same 'never the same' has been cited after every major economic disaster.
And...is never true.
Totally agree with that. No idea what the market will do (it does seem irrational at this point), but the pipe dream that this lockdown will instill these positive trends in Americans long term is fantasy.
That is reassuring.
agip wrote:
Ghost of Igloi wrote:
https://twitter.com/TruthGundlach/status/1250569596433625088I'm old enough to remember how people said American life would never be the same after 9/11.
That lasted around 6 months.
I'm sure the same 'never the same' has been cited after every major economic disaster.
And...is never true.
From 9/11/2001 to 10/2002 the S&P 500 dropped about 50%, and did not regain a new durable high for over a decade. The accompanying Fed interventions spawned a housing bubble that brought the 3/2009 low to June 1996 levels.
This will turn out the same, but will be greater in scope because of fiscal irresponsibility: government, corporations, and individuals.
I see 4500 deaths in one day in USA, almost double the previous record, and forward-looking talk of re-opening with a “plan” sure to kill more people. Magical thinking.
jesseriley wrote:
I see 4500 deaths in one day in USA, almost double the previous record, and forward-looking talk of re-opening with a “plan” sure to kill more people. Magical thinking.
nah
New York City today has reported 3,778 additional deaths that have occurred since March 11 and have been classified as "probable," defined as follows: “decedent [...] had no known positive laboratory test for SARS-CoV-2 (COVID-19) but the death certificate lists as a cause of death “COVID-19” or an equivalent" [source]. We will add these to the New York State total as soon as it is determined whether the historical distribution can be obtained
Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1251152816665550855
it would be really nice, Igy, if you would regularly cite someone who has been right more than a stopped clock has been right.
That is all.
Agip out.
agip wrote:
Ghost of Igloi wrote:
https://twitter.com/hussmanjp/status/1251152816665550855it would be really nice, Igy, if you would regularly cite someone who has been right more than a stopped clock has been right.
That is all.
Agip out.
Oh, snap!
For agip and Detector Dude:
https://finance.yahoo.com/news/wall-street-strategist-forecast-for-sp-500-in-2020-211002824.html
Doing quite a bit better than your clients in 2020.
That’s a lie, agip. Phony numbers from a phony. You’ve interpreted the death toll to match your insanity.
[quote]agip wrote:
I'm old enough to remember how people said American life would never be the same after 9/11.
That lasted around 6 months.
Well, except for the gutting of the Bill of Rights and the endless wars on Muslim majority nations called War on Terror.
America is not what it was.
As George Carlin said, "I love America for the rights we used to have".
Earnings Scorecard: For Q1 2020 (with 9% of the companies in the S&P 500 reporting actual results), 66% of S&P 500 companies have reported a positive EPS surprise and 70% of S&P 500 companies have reported a positive revenue surprise.
What the hell was that? Freddie Crittenden just ran 18 seconds in the hurdles
Kara Goucher failed to speak for 1 minute and 27 seconds after the race.
How much does someone like Ryan Crouser make? Why not join the NFL?
French pole vaulter loses out on olympic medal after hitting the bar with his penis
Official Sunday Night Olympic Discussion Thread + Live Reaction Show at 7 pm ET