Financial topics

[aeden]

Loses SNAP benefits after $600 unemployment bonus as the demsheviks press for UBI funding well past election propaganda
limiting the bitching as seen mom and pop business got burned to the ground from the demsheviks
crisis agitators. Arrests we seen indicated no local arrests in numerous reports.
July August paper tiger wall street goes brrrrrrrr as the taxpayers are wiped out.

Only six had out-of-state address, and one person didn't have address information listed.
Don't believe us? A searchable jail roster is available online. t
So why would officials lie? (Gov. Tim Walz said Saturday morning that as many as 80 percent of the people were outsiders.)

Update (1440ET): After blaming "outsiders" for instigating the riots that have left swaths of Minneapolis in ruins, the city's mayor, Jacob Frey, is now also blaming "foreign actors"...

Governor Walz, at our request and in partnership with our city and @MayorCarter Carter, has just fully mobilized the Minnesota National Guard. MPD and our fire department will be assisting tonight as part of this operation.

— Mayor Jacob Frey (@MayorFrey) May 30, 2020
...while warning that the nat'l guard has been "fully mobilized".

Of course! Nobody would be looting if it weren't for the KGB, duh. tyler

http://gdxforum.com/forum/viewtopic.php?p=52207#p52207

Cash will be King for the remainder as stagflation is here and the blue shit holes collapse into junk bond ratings
it appears as we knew. They will try to bail out stupid as always.
Locally the end of July appears to be break point on local budgeting so we shall see soon enough.
Algo's do not care about electric sheep either. Front runners of front runners was dismissed also
as fantasy port sniffers ruled the day.
I still think people worship technicians in the planet of fiat brrrrr.
They are still stuck at the secret decoder ring of bot bash. Thu May 21, 2020 6:12 am

https://openscholarship.wustl.edu/cgi/v ... _lawreview
There is no legal standard of resistance which a party so circumstanced must exercise at his peril to protect himself.
Rogue elements are at hand.
http://gdxforum.com/forum/viewtopic.php?p=52412#p52412 Paul Harvey was correct.
http://gdxforum.com/forum/search.php?ke ... sf=msgonly
https://www.youtube.com/watch?v=b_3rvnV4FNU

Noted from antiquity for its wrathful scorn toward all representatives of social deviance, some politically progressive scholars such as, W. S. Anderson and later S. M. Braund, attempted to defend his work as that of a rhetorical persona (mask), taken up by the author to critique the very attitudes exhibiting from rational authorities.

... I don't mind the sun sometimes the images it shows
I can taste you on my lips and smell you in my clothes
Cinnamon and sugary and softly spoken lies
You never know just how you look through other people's eyes...

https://www.youtube.com/watch?v=b_3rvnV4FNU
thread: l8ter

[aeden]

End of July locally the money ends from fees permits and blame shifting as the mom and pop got burned to the ground in zones.
https://mises.org/library/human-action-0

https://duckduckgo.com/?q=monroe+office ... ve&ia=news

[Higgenbotham]

I've been trying to figure out, given the events that have transpired since the ~3400 peak in the SPX, what an equivalent overvaluation would be now. That's very hard to do and it has a large margin of error to it but it's my best guess that an equivalent overvaluation to 3400 SPX in February would be about 3060 today.

Any guesses?

Yes, given the companies that have gone bankrupt and the reduction in forward earnings, I would guess it would have to be below 3000 to have the same forward P/E as it did at 3400.

I asked my broker the same question before giving him my estimate. He also said 3000 max.

My estimate of 3060 assumes that there is an uneventful recovery with nothing else going wrong. No second wave, no destructive war, etc. I hardly think that will happen, but that's what I think is priced into the market right now.

[vincecate]

The USA today seems like an Ayn Rand novel. People who try to open up their own business to do nails, groom dogs, gym, etc are getting arrested. People who loot and burn businesses are not arrested. People who were in jail for violent crimes are being let out on the grounds that they might catch a virus in jail. People are getting paid more to not work than to work. Something near 1/3 of the private jobs have been lost in 2 months. About 2% more every week. People in Government jobs are just having a vacation. Some stock indexes are at all time highs. Seems so crazy it is like fiction.

[vincecate]

Retail was going under before all the looting of retail places this weekend.

Bet gun sales go up.

[richard5za]

The USA today seems like an Ayn Rand novel. People who try to open up their own business to do nails, groom dogs, gym, etc are getting arrested. People who loot and burn businesses are not arrested. People who were in jail for violent crimes are being let out on the grounds that they might catch a virus in jail. People are getting paid more to not work than to work. Something near 1/3 of the private jobs have been lost in 2 months. About 2% more every week. People in Government jobs are just having a vacation. Some stock indexes are at all time highs. Seems so crazy it is like fiction.

Yes I agree with you. With my British heritage I would have said Lewis Carroll and the adventures of Alice in Wonderland, but I'll buy Ayn Rand as well. It's a daft market and I have no doubt will be recorded in the history books!!! I was wondering if these riots would have an effect upon Wall Street? Up until now the 5 dma remains firmly above the 20 dma and I can't see a crash until the short term negative appears. If the market believes that Trump will lose November that would be a reason for the market to come off.

[richard5za]

The USA today seems like an Ayn Rand novel. People who try to open up their own business to do nails, groom dogs, gym, etc are getting arrested. People who loot and burn businesses are not arrested. People who were in jail for violent crimes are being let out on the grounds that they might catch a virus in jail. People are getting paid more to not work than to work. Something near 1/3 of the private jobs have been lost in 2 months. About 2% more every week. People in Government jobs are just having a vacation. Some stock indexes are at all time highs. Seems so crazy it is like fiction.

Yes I agree with you. With my British heritage I would have said Lewis Carroll and the adventures of Alice in Wonderland, but I'll buy Ayn Rand as well. It's a daft market and I have no doubt will be recorded in the history books!!! I was wondering if these riots would have an effect upon Wall Street? Up until now the 5 dma remains firmly above the 20 dma and I can't see a crash until the short term negative appears. If the market believes that Trump will lose November that would be a reason for the market to come off.

The riots may help Trump win November as he seems to be saying all the right things to moderate whites

[aeden]

End of July locally the money ends from fees, permits, taxes and blame shifting as the mom and pop get burned to the ground in zones.
https://duckduckgo.com/?q=monroe+office ... ve&ia=news


https://www.thegatewaypundit.com/wp-con ... 00x453.jpg
https://duckduckgo.com/?q=White+Girl+Bl ... ave&ia=web

[aeden]

https://www.youtube.com/watch?v=HdTqNhnehEU we already knew
Help the sick, feed the true needy.
Be found working the Fields for Him.
Fig Tree is at Hand some tell.
Do not dismiss His People.
Do better.

Enter by the narrow gate.

[aeden]

https://www.youtube.com/watch?v=w50bYSAMuIA found