Wednesday, March 11, 2020

Foresight is 2020

long-long-term S&P

GLTA.  Good luck to all you Austrian deflationistas out there.

13 comments:

christiangustafson said...

Have us in iii of 3 of A down tonight.

umdengineer said...

CG, I duckducked GLTA and the first thing that came up was the Gay and Lesbian Tennis Alliance, but I think you meant good luck to all :-)

You think the Fed can't print their way out of this mess?

christiangustafson said...

Tom Douglas just closed all of his fine restaurants in Seattle.

Can the Fed print hungry, available customers for him?

Ken Smith said...

That VIX reading is a thing of beauty! We hit 80+ back in 2008. It seems the panic over this virus will do far more damage than the virus itself.

Bicycle said...

the damage was long done since past 12 years of nonsense and pulling forward demand and wringing oil out of rocks

virus is merely the catalyst

when bond market crashes as well then maybe people will finally realize what panic is and there will be no going back to the prior stupid overleveraged world

millenials, go and find your selective service card and remember to not assume the gender when you are thrust onto the front lines with no weapon

Ken Smith said...

I believe the BPSPX is now lower than 2008. Will it go to zero? Where's T. Berry?

Ken Smith said...

It's time for us misanthropic, bearish introverts to shine again! What glorious schadenfreude.

Randall Beehomes said...

Still searching for Dingle Berry and his shit talk

umdengineer said...

"T Berry has left the chatroom"

umdengineer said...

Say hello to QE4ever

Ken Smith said...

Could there be something bigger brewing behind the scenes?

https://news.trust.org/item/20200312152307-rlv7m

christiangustafson said...

China has been working on these for years.

CCP a monstrous evil in our world.

Ken Smith said...

Some of the actions taken by western governments look more like they're preparing for a nuclear event than a flu virus. What do they know?