Rolling US Economy Into The Shitbin Thread

https://thehill.com/blogs/blog-briefing-room/news/419642-nebraska-farm-bureau-says-trade-conflicts-cost-state-up-to-1

video explaining the market moves today

https://youtu.be/uI4fVgVVpiw

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

revive for tomorrow morning

here we fucken go

https://finance.yahoo.com/news/p-500-futures-plunge-leaving-001751344.html

this is not good on multiple levels

https://www.nytimes.com/2018/12/05/business/huawei-cfo-arrest-canada-extradition.html
https://www.nytimes.com/2018/12/06/business/stocks-wall-street-huawei-trade.html

today's strong rally off lows is a bit relieving. scary coupla days.

our algorithmic trading overlords will not be cowed into submission

feel like the official term for days like this should be "puke n' rally"

blech taking a doing

wheeee. At least some more psychological barriers got taken out today.

this sucks.

there should be a separate ‘bump this thread every time the stock market goes down’ thread imo

I figure a new thread should be started when we are firmly in bear/recession territory.

lol, meanwhile the next headline down on CNN is

Corporate America gives out a record $1 trillion in stock buybacks

I figure a new thread should be started when we are firmly in bear/recession territory.

― Yerac, Monday, December 17, 2018 5:11 PM (fifty minutes ago) Bookmark Flag Post Permalink

i thought that’s what this one was for

This one is getting too unwieldy. I was going to look for an old post but eek about loading all the messages.

It's true, we badly need an Out of the Shitbin thread.

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)

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

in case you didn't remember. about the 30s.

Because of the Great Depression.

THAT'S what it was, sheesh

The market is still stupid high/needs more correction from its steroid run after Trump got elected.

^otm

btw, Britain crashing out of the EU like the Kool-Aid Man is going to invigorate all the European bond markets amazingly, I'm sure.

That’s an uncharacteristicly vivid simile, Aimless!

Ideas for a good retail instrument to take a short position?

You could just place a short order on SPY couldn’t you

I mean, I wouldn’t, but you could

I am sure there is some inverse etf in some sector that might interest you. A lot easier than shorting (especially if you don't have a margin account set up).

shitbin's gettin real

fun!

bull run lasted 9.5 years but it's looking over now

(actually, this correction is not yet as even as severe as those in late '15 and early '16 so who dafuk knows)

It doesn't look like capitulation, yet. But it's looking like we may get there in the next four or five weeks. Then, surely, Infrastructure Week will blossom like ten thousand flowers.

bump

we should try cutting taxes again, especially on high wage earners

I am in no way endorsing any of these things, but I personally have been trading 2-3xs inverse etfs for oil, biotech, tech and china. so as i mentioned above about short instruments without having to technically short.

But I would not recommend this unless you can watch the market most of the day and are kind of whatever about whatever happens.

This is awful. It breaks my heart to see the money number go down from the high money number it once was. But we don't have to sit by and watch the money number go so low and make us all so sad. What I'm going to do, and what I urge you all to do, is to get out there into your workplaces and work as hard as you can! Focus, concentrate, apply yourselves, really try hard to give it and your employer "all you've got." Set a goal for yourself to do the best job you can do. I believe that if we do that, then our economy will grow healthy and strong, and we can have a good, high money number again! Peace and blessings.

i'm gonna just keep on posting on ILX until the market rebounds

the real economy remains strong, at least within a couple miles of my house

I can get empanadas whenever I want.

I am thrilled. That sounds assholish I know, but things were too expensive for any new investor to want to even start to buy into. The market shouldn't be out of reach for most investors.

And f those MAGA "but my 401k is doing well" investors who used that as an excuse about why Trump was ok.

This one feels like the real shitbin

I am really hoping.

Seems fine

Today I convened individual calls with the CEOs of the nation's six largest banks. See attached statement. pic.twitter.com/YzuSamMyeT

— Steven Mnuchin (@stevenmnuchin1) December 23, 2018

kind of like your s.o. calling you out of the blue to assure you they're not cheating on you