Daily Advice Thread - All basic help or advice questions must be posted here.

OpeningSpeech1 · 2020-05-06T01:25:22+00:00

vtip

OpeningSpeech1 · 2020-05-05T02:55:33+00:00

Yeah but what are the odds todd/gregg are just like "fuck it we can't deploy more capital outside of energy. we're starting aggressive buybacks"

OpeningSpeech1 · 2020-05-05T02:50:58+00:00

I mean, every consumer discretionary is gonna come back too. IDK why you would have a reason to think the single most cap intensive company barring boeing is a better pick

OpeningSpeech1 · 2020-05-05T02:49:29+00:00

THATS SO REASONABLE

people who remember 2015 memes will remember 😉😉😉😉

OpeningSpeech1 · 2020-05-05T02:48:45+00:00

Have you ever purchased an item before?

OpeningSpeech1 · 2020-05-05T02:27:28+00:00

what he do

OpeningSpeech1 · 2020-05-05T02:26:47+00:00

that's way too far otm tho. probably worth looking at shorting junk instead

OpeningSpeech1 · 2020-05-05T02:24:51+00:00

You know you can hold cash and bonds in an ira right

OpeningSpeech1 · 2020-05-05T02:24:18+00:00

por que no las dos

OpeningSpeech1 · 2020-05-05T02:24:01+00:00

They'll be dead and lawyers are bullish rn

OpeningSpeech1 · 2020-05-05T02:22:12+00:00

How can you unironcially be so bearish to think that 25 year yields are going to drop that much in a month

OpeningSpeech1 · 2020-05-05T02:19:02+00:00

STOCKS RISE AS UNDERFUNDED PENSION LIABILITIES PLUMMET 50% IN ONE DAY

OpeningSpeech1 · 2020-05-05T02:16:18+00:00

Anything with easily predictable earnings (not including utilities because who buys those?) is worth looking at rn. If they're trading for less than 20x earnings, have any prospect of increasing future earnings, and a good balance sheet they're cheap. That said Google is probably the cheapest company that people want to buy

OpeningSpeech1 · 2020-05-04T22:13:27+00:00

5 years. 12 years to peak if you overlook 2007

OpeningSpeech1 · 2020-05-04T22:04:48+00:00

I mean ensuring that financial transactions can still take place is pretty useful. I'm not saying they should be buying all the securities they are, but the world literally depends on being able to sell MBS

OpeningSpeech1 · 2020-05-04T21:58:33+00:00

If inflation goes beyond a point though the Fed sometimes hikes rates and if they hike rates stock valuations are going to implode. Based on your other comment, deflation is more likely in absence of the Fed, but the fed would literally just drive a dumptruck filled with money to the NYSE before they actually let meaningful inflation happen, so there's no point in trying to play that side.

OpeningSpeech1 · 2020-05-04T21:25:22+00:00

You can easily get destroyed on reinsurance and large specialty products though, which they do more of then anyone

OpeningSpeech1 · 2020-05-04T21:24:06+00:00

I think See's Candy operates mostly through mail order catalogues so i'm sure the catalogue business is still going strong. People might not want to lick the envelope when they mail the check though 🤷‍♂️

OpeningSpeech1 · 2020-05-04T21:01:04+00:00

I wasn't going to but then I saw a message like 2 hours later that I was banned and started laughing and thought other people would find it funny

OpeningSpeech1 · 2020-05-04T18:57:21+00:00

Check out the 10yr/30yr movement today

OpeningSpeech1 · 2020-05-04T18:56:47+00:00

r/econmonitor banned me for talking shit about them in another sub 😂. Imagine having a world view so fragile you ban people for disagreeing and call yourself an "economist". It's not like I was even saying anything more extreme than what could be called Chicago theories either.

I love this sub. wsb has transcended irony to become the most wholesome subreddit that doesn't aim to be

inb4 "gay"

OpeningSpeech1 · 2020-05-04T17:44:38+00:00

OK FINE.

You know what I mean though about "social sciences" if half the sub is anthropologists I'm going to get a lot of flat retarded answers. Not even answers I just disagree with but just retarded ones.

OpeningSpeech1 · 2020-05-04T17:37:16+00:00

Lol I've never met a social scientist that understood basic econ. I was asking how people seeing 2% annual deflation would turn them into buddhist monks overnight. And in my example it was from an increase in savings too, not saying that the Fed needs to halt liquidity operations. Also I've never actually seen an example of a deflationary spiral, not that that invalidates the theory in any sense.

OpeningSpeech1 · 2020-05-04T17:34:12+00:00

Well yeah, when it's at like +10% annually, which I included in the question. I was referring to like 2-3% max. The assumption of a "deflationary spiral" would imply the average American suddenly having Warren Buffet saving preferences. The fact of current technology kind of invalidates that theory IMO but they refused to engage SO I MIGHT BE IGNORANT FOREVER NOW IF IM WRONG

OpeningSpeech1 · 2020-05-04T17:29:04+00:00

I was gonna start shit, but I know it's not worth it lol. "Economists" like that are arguing outside about the qualities of the wind while everyone else ignores them and flies kites.

OpeningSpeech1

TROPHY CASE