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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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>> No.19257397 [View]
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19257397

>>19257247
>I'm not sure the Fed or Blackrock cares about the ability to pay back the loans
The FED and Blackcock are interested in credit markets, but not if anyone can pay. They are there to ensure that people can buy, sell, extend, and obtain debt/credit. Additionally we do need to consider the overwhelming demand for dollars abroad and the unemployment situation that we're in. So the fed is working on the deflationary pressures right now as well - this is something that both sets of policymakers are working on together.
>mostly worried about certain companies getting massive amounts of loans they will default on purposely and stick the taxpayer with paying off
it will likely happen intentionally or unintentionally. Hopefully we see a bunch of chapter 11. The loan underwriters (banks) likely have incentives to give loans to businesses that have leverage over them (we saw this with PPP).

>>19257322
>im staying the hell away from tankers
Only reason i mention tankers is that they should get a bump if US Shale is put under stress. Additionally if there are tariffs on oil passed by US government, OXY should see a nice pump while tankers might take a hit from it. They should work nicely together in this environment, dut i don't really like the play - hence why i don't have it.

>> No.18668817 [View]
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18668817

>>18668647
when are people gonna stop talking about the damn virus. they use that as an excuse. It's the 08 bubble, irresponsible businesses, and buybacks. The virus isn't shit when any sizable portion of businesses and people can't manage 3 fucking weeks without working. Don't take the news or narrative seriously. this was bound to happen and the virus is what they'll blame. we could open up shop tomorrow - let's assume it's literally just the flu and washington is in bed with hospitals to embezzel cash in every direction - and prices could still move down. we have a huge space below us, the virus isn't driving the drop.

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