I assumed they are talking about investment bank bailouts and everyone who caused it or wasn't affected by it, not the average retail investor. Like, all those people who were responsible, they all found other jobs, got their multi-million dollar bonuses. Everyone's private placements weathered it out.
― Yerac, Friday, October 26, 2018 3:11 PM (twenty minutes ago) Bookmark Flag Post Permalink
Yeah, but the stuff that sunk those investment banks was not mere stock market trading, it was much heavier and more toxic stuff that mere mortals like us don't even have access to.
― Fedora Dostoyevsky (man alive), Friday, 26 October 2018 20:33 (five years ago) link
accredited investors/the superrich do have access. but nhex can probably clarify their meaning.
― Yerac, Friday, 26 October 2018 20:42 (five years ago) link
oh, i think i get what you are trying to say. Like, when I get mad at people for saying they work on wall street when most of the main buildings are nowhere near there.
― Yerac, Friday, 26 October 2018 20:47 (five years ago) link
admittedly i'm definitely too ignorant to mean what Yerac is going for, but sorta that is the directionlike if the stock market has the power to destroy our economy every ten years why are we doing it is my naif questionunless of course... that's the point
― Nhex, Friday, 26 October 2018 21:25 (five years ago) link
I mean "price is lower than it was last monthyear" = "cheap" is kind of a classicthis year's stock market mistake.
― Fedora Dostoyevsky (man alive), Friday, October 26, 2018 1:08 PM (one hour ago) Bookmark Flag Post Permalink
― for i, sock in enumerate (Sufjan Grafton), Friday, 26 October 2018 22:03 (five years ago) link
I swear this market cannot die soon enough.
― Yerac, Monday, 29 October 2018 19:34 (five years ago) link
market myers going to bounce back on halloween thanks to candy sector's strength
― for i, sock in enumerate (Sufjan Grafton), Monday, 29 October 2018 20:09 (five years ago) link
I have a lot of haribo stocked up.
― Yerac, Monday, 29 October 2018 20:16 (five years ago) link
That was just before the dot-com bubble burst, followed by recession, weak recovery/expansion, and the Great Recession. Of course past performance is no guarantee of future results. https://t.co/Bw3EalVbDH— Doug Henwood (@DougHenwood) October 30, 2018
― a Mets fan who gave up on everything in the mid '80s (Dr Morbius), Wednesday, 31 October 2018 17:54 (five years ago) link
this thing's gonna pop in 2019 and we're gonna elect booker/harris who're gonna muddle us through another market emergency at the expense of regular people and man i hope they get credit for the dead cat bounce that results so we at least have a two terms where we pretend like we're not managing decline
― BIG HOOS aka the steendriver, Wednesday, 31 October 2018 20:10 (five years ago) link
djia down 600 points today, but the market is still ahead of where it closed 2017. tax cuts!
― reggie (qualmsley), Monday, 12 November 2018 22:27 (five years ago) link
seems like we might oscillate, move a bit lower, and then start another climb to a new ATH in February. or maybe spx will rapidly drop below 2000 tomorrow.
― for i, sock in enumerate (Sufjan Grafton), Friday, 16 November 2018 00:13 (five years ago) link
helloooo
https://www.nytimes.com/2018/11/20/business/stock-markets.html
― a Mets fan who gave up on everything in the mid '80s (Dr Morbius), Tuesday, 20 November 2018 16:28 (five years ago) link
the job creators (peace be unto them) are punishing the US for electing the democRAT party to take over the house
― reggie (qualmsley), Tuesday, 20 November 2018 17:31 (five years ago) link
every time an “objective” news source calls the american economy strong i laugh mirthlessly
― maura, Tuesday, 20 November 2018 22:28 (five years ago) link
this is all a normal correction and we will see s&p 500 all-time highs before the end of the year.
― Mr. Snrub, Wednesday, 21 November 2018 15:14 (five years ago) link
To the extent that the strength of the economy rests on a shaky scaffolding of collective conviction/delusion in that strength, I geddit. But yeah.
― 'Rock Me (I'm a Dais)' (Old Lunch), Wednesday, 21 November 2018 15:23 (five years ago) link
https://www.wsj.com/articles/energy-losses-prompt-emotional-video-to-options-firms-clients-1542709800
https://www.youtube.com/watch?v=VNYNMM0hXXY
― 𝔠𝔞𝔢𝔨 (caek), Wednesday, 21 November 2018 22:31 (five years ago) link
https://www.politico.com/agenda/story/2018/11/20/millennials-homeownership-affordability-000792
Sara and Dan are, by most standards, wealthy. Their starter home came with a $755,000 price tag, which they could afford because their household income is more than twice the Arlington median of $104,000 and their student loans are paid off. And Sara’s dad—who until recently led the Mortgage Bankers Association in Washington—pitched in with more than half the down payment.
― j., Sunday, 25 November 2018 18:18 (five years ago) link
"Just a typical American tale of home ownership here"
― Groove(box) Denied (Raymond Cummings), Sunday, 25 November 2018 19:20 (five years ago) link
755k ‘starter home’ u say
― sign up for my waterless urinals webinar (bizarro gazzara), Sunday, 25 November 2018 19:32 (five years ago) link
They plan to move into something larger and nicer as they get more established.
― A is for (Aimless), Sunday, 25 November 2018 19:34 (five years ago) link
Also the wife's father worked for Obama and then became a home mortgaging lobbyist and paid over half the down paymentI'm a little perplexed what this story is supposed to be telling me. Only rich people can afford to buy houses? No shit
― Nhex, Sunday, 25 November 2018 19:37 (five years ago) link
It's so privileged and lesser privileged white people can commiserate.
― Yerac, Sunday, 25 November 2018 20:06 (five years ago) link
market in freefall lmao
― frogbs, Tuesday, 4 December 2018 18:18 (five years ago) link
G20 reaction.
― A is for (Aimless), Tuesday, 4 December 2018 18:45 (five years ago) link
need your 20Gs for G20
― Sufjan Grafton, Tuesday, 4 December 2018 19:02 (five years ago) link
https://thehill.com/blogs/blog-briefing-room/news/419642-nebraska-farm-bureau-says-trade-conflicts-cost-state-up-to-1
― reggie (qualmsley), Tuesday, 4 December 2018 19:31 (five years ago) link
video explaining the market moves today
https://youtu.be/uI4fVgVVpiw
― officer sonny bonds, lytton pd (mayor jingleberries), Tuesday, 4 December 2018 20:00 (five years ago) link
why dont you embed you son of a bitch
https://www.youtube.com/watch?v=uI4fVgVVpiw&feature=youtu.be
=(
because you have https in there. change it to http and you should be fine
― Mr. Snrub, Tuesday, 4 December 2018 21:00 (five years ago) link
revive for tomorrow morning
here we fucken go
https://finance.yahoo.com/news/p-500-futures-plunge-leaving-001751344.html
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 6 December 2018 04:46 (five years ago) link
this is not good on multiple levels
https://www.nytimes.com/2018/12/05/business/huawei-cfo-arrest-canada-extradition.htmlhttps://www.nytimes.com/2018/12/06/business/stocks-wall-street-huawei-trade.html
― sleeve, Thursday, 6 December 2018 20:51 (five years ago) link
today's strong rally off lows is a bit relieving. scary coupla days.
― rip van wanko, Thursday, 6 December 2018 20:54 (five years ago) link
our algorithmic trading overlords will not be cowed into submission
― officer sonny bonds, lytton pd (mayor jingleberries), Thursday, 6 December 2018 21:05 (five years ago) link
feel like the official term for days like this should be "puke n' rally"
― frogbs, Thursday, 6 December 2018 21:10 (five years ago) link
blech taking a doing
― single bed mentality (||||||||), Thursday, 6 December 2018 21:43 (five years ago) link
wheeee. At least some more psychological barriers got taken out today.
― Yerac, Monday, 17 December 2018 20:35 (five years ago) link
this sucks.
― Dan I., Monday, 17 December 2018 21:58 (five years ago) link
there should be a separate ‘bump this thread every time the stock market goes down’ thread imo
― flopson, Monday, 17 December 2018 22:06 (five years ago) link
I figure a new thread should be started when we are firmly in bear/recession territory.
― Yerac, Monday, 17 December 2018 22:11 (five years ago) link
lol, meanwhile the next headline down on CNN is
Corporate America gives out a record $1 trillion in stock buybacks
― sleeve, Monday, 17 December 2018 22:20 (five years ago) link
― Yerac, Monday, December 17, 2018 5:11 PM (fifty minutes ago) Bookmark Flag Post Permalink
i thought that’s what this one was for
― flopson, Monday, 17 December 2018 23:03 (five years ago) link
This one is getting too unwieldy. I was going to look for an old post but eek about loading all the messages.
― Yerac, Monday, 17 December 2018 23:14 (five years ago) link
It's true, we badly need an Out of the Shitbin thread.
― Mario Meatwagon (Moodles), Monday, 17 December 2018 23:24 (five years ago) link
i would just like to point out that this delayed obama crash is all in anticipation of the democrats taking over the house in january plus we didn't cut taxes enough on *the job creators* (peace be unto them)
― reggie (qualmsley), Monday, 17 December 2018 23:30 (five years ago) link
S&P 500 is now down since Congress and Trump cut the tax rate on corporate profits from 35% to 21%. Now at a 14-month low.— Steven Dennis (@StevenTDennis) December 17, 2018
The S&P 500 is on track to have its worst December since *1931*— Steven Dennis (@StevenTDennis) December 17, 2018
1931 was not a good year.— Steven Dennis (@StevenTDennis) December 17, 2018
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 18 December 2018 00:01 (five years ago) link
in case you didn't remember. about the 30s.
― I have measured out my life in coffee shop loyalty cards (silby), Tuesday, 18 December 2018 00:22 (five years ago) link
Because of the Great Depression.
― jmm, Tuesday, 18 December 2018 00:30 (five years ago) link