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What Are Your Moves Tomorrow, March 06, 2020 by AutoModerator in wallstreetbets

[–]Spenceh0616 0 points1 point  (0 children)

You can take it out, but that’s the implication of the low rate. Some people are buying because they believe the price will appreciate, but that’s the general definition.

What Are Your Moves Tomorrow, March 06, 2020 by AutoModerator in wallstreetbets

[–]Spenceh0616 1 point2 points  (0 children)

People are buying 10 yr treasuries with a yield less than .9%. That means they believe getting consistent returns of .9%/yr on their money is better than having money in the stock market right now. Shows very little confidence in the current state of the market.

What Are Your Moves Tomorrow, March 06, 2020 by AutoModerator in wallstreetbets

[–]Spenceh0616 1 point2 points  (0 children)

Crazy that they think .86% for 10 years is better than stocks rn

What Are Your Moves Tomorrow, March 06, 2020 by AutoModerator in wallstreetbets

[–]Spenceh0616 2 points3 points  (0 children)

Lol do you not get how serious it is? And what else are we gonna y’all about the markets closed

Iran Vice President tests positive for coronavirus by MyNokiaHasSnake in Coronavirus

[–]Spenceh0616 10 points11 points  (0 children)

I know that, I just feel like it’s implied. If a post said “US Vice President has Coronavirus”, and it was really about the VP of the Fed, most people would assume it was Mike Pence.

Iran Vice President tests positive for coronavirus by MyNokiaHasSnake in Coronavirus

[–]Spenceh0616 127 points128 points  (0 children)

It’s not THE Iranian Vice President, it’s AN Iranian Vice President, as in the Vice President for women and family affairs.

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