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Post by adpz on Mar 18, 2020 14:22:13 GMT -5
The silver lining that I believe will come out of this is that it will a chance to re-align this country away from a status-quo that hasn't had enough momentum against it to change (all that much).
The whole Main Street vs Wall Street financialization of the economy has been oft-discussed since 2008 but not much-changed or resolved. And whether you are a Trump supporter or Bernie bro - there is going to be overwhelming, dovetailing support for making things works better in this country for the actual people in this country. It will be interesting to see how it plays out policy-wise, but I think there is going to be a surprising level of consensus. This is very much a 'war time' environment.
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Post by Hotman on Mar 18, 2020 15:20:23 GMT -5
The silver lining that I believe will come out of this is that it will a chance to re-align this country away from a status-quo that hasn't had enough momentum against it to change (all that much). The whole Main Street vs Wall Street financialization of the economy has been oft-discussed since 2008 but not much-changed or resolved. And whether you are a Trump supporter or Bernie bro - there is going to be overwhelming, dovetailing support for making things works better in this country for the actual people in this country. It will be interesting to see how it plays out policy-wise, but I think there is going to be a surprising level of consensus. This is very much a 'war time' environment. There is a world war going on now. It's been going on. The reveal is coming VERY soon, really no way to tell if it's gonna be good or bad tho |
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Post by Trades on Apr 6, 2020 12:28:13 GMT -5
Back to 22000+ up 1200 today so far. It is going to be a bumpy ride but it will go back up. Funny that Dems that ran here to "not be happy that we hit 20k again" didn't come back to say they are happy that we have been making a bit of a come back. I am sure they just got stuck in traffic.
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Post by southparkcpa on Sept 1, 2020 13:19:46 GMT -5
Back to 22000+ up 1200 today so far. It is going to be a bumpy ride but it will go back up. Funny that Dems that ran here to "not be happy that we hit 20k again" didn't come back to say they are happy that we have been making a bit of a come back. I am sure they just got stuck in traffic. Well...market is screaming. Anyone who stayed out missed a nice run up. Being overweight in tech, my clients have done really well. We own Amazon and Zoom in our portfolios. |
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Post by frostlich on Sept 1, 2020 14:00:59 GMT -5
Me...always the pessimist....when does the correction come?
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Post by 2foolish on Sept 1, 2020 14:02:44 GMT -5
Back to 22000+ up 1200 today so far. It is going to be a bumpy ride but it will go back up. Funny that Dems that ran here to "not be happy that we hit 20k again" didn't come back to say they are happy that we have been making a bit of a come back. I am sure they just got stuck in traffic. Well...market is screaming. Anyone who stayed out missed a nice run up. Being overweight in tech, my clients have done really well. We own Amazon and Zoom in our portfolios. i feel bad if you were just retiring....but u have to be patient in this market...all the important indices were still in place... |
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Post by 2foolish on Sept 1, 2020 14:04:10 GMT -5
Me...always the pessimist....when does the correction come? look at it this way...the market is always overvalued...ride thru any correction like licorice medicine... |
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Post by RobR on Sept 1, 2020 15:16:26 GMT -5
Back to 22000+ up 1200 today so far. It is going to be a bumpy ride but it will go back up. Funny that Dems that ran here to "not be happy that we hit 20k again" didn't come back to say they are happy that we have been making a bit of a come back. I am sure they just got stuck in traffic. Well...market is screaming. Anyone who stayed out missed a nice run up. Being overweight in tech, my clients have done really well. We own Amazon and Zoom in our portfolios. Zoom scares the ever loving shit out of me at its current valuation. something like 225x forward earnings. |
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Post by southparkcpa on Sept 1, 2020 15:58:57 GMT -5
Well...market is screaming. Anyone who stayed out missed a nice run up. Being overweight in tech, my clients have done really well. We own Amazon and Zoom in our portfolios. Zoom scares the ever loving shit out of me at its current valuation. something like 225x forward earnings. agreed but I am in at March prices, its more than tripled. Amazon had similar stats and I refused to buy it as it had "Negative" earnings. 3 years ago I stopped fighting and bought it . It's gone 5 fold since. BUT I get your point..... I manage money for a living and in March, I looked for defensive stocks, Walmart, Amazon, Shopify, Zoom. ALL have done well. |
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Post by RobR on Sept 1, 2020 16:16:48 GMT -5
Zoom scares the ever loving shit out of me at its current valuation. something like 225x forward earnings. agreed but I am in at March prices, its more than tripled. Amazon had similar stats and I refused to buy it as it had "Negative" earnings. 3 years ago I stopped fighting and bought it . It's gone 5 fold since. BUT I get your point..... I manage money for a living and in March, I looked for defensive stocks, Walmart, Amazon, Shopify, Zoom. ALL have done well. When I typed my response I didn't realize that ZOOM went up over 40% today. That is some crazy movement over the last two days. |
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