/biz/ - Business & Finance

[Anonymous No.18495380]

>US jobless claims supposed to be another 5 million people
>stock futures are up
Do they just figure most of these people are going to get hired back and earnings will recover quickly?

[Anonymous No.18495433]

>>18495380
Invest in (o)_)

[Anonymous No.18495447]

it's literally the feds keeping the market alive

[Anonymous No.18495459]

>>18495447
How long can they keep it up? I'm not too happy we all own part of the airlines now with that stupid bailout. Airlines are going broke all the time and we are fine, why did we need to bailout their dumb asses?

>>18495433
TP futures are up also. I have a bidet so I'm just hoarding so stinky-butts don't get theirs.

[Anonymous No.18495525]

>>18495380

Logic does not apply here.

All what matters is the decision of use infinite brrrrr as an ultimate solution to all corona-related problems.

Everyone just accepts that and trying to ride this train.

[Anonymous No.18495536]

>>18495525
The “brrrrrrr” meme is going to get so many zoomer retail investors fucked. Just stay cash, we might not test new lows but it’s going back down.

[Anonymous No.18495555]

>>18495380
All bad news is priced in and the federal reserve is buying stocks oil bonds and everything else under the sun. Its just a matter of how long they can keep it up for.

[Anonymous No.18495563]

>>18495536

Yep, there is a profit-taking event (selloff) incoming.

[Anonymous No.18495574]

>>18495555

Corona-chan will win. She is more real than numbers in bank accounts

[Anonymous No.18495609]

>>18495555
Are they just trying to soften the blow? I mean they have to be smart enough to know eventually the market must adjust, right?

[Anonymous No.18495617]

h-here we go!

[Anonymous No.18495810]

>>18495380
Companies are using this opportunity to fire shitty workers theyre otherwise stuck with
And were also losing a large number of 90 year olds requiring 100k a year in pension benefits

You have no idea how bullish this all is

[Anonymous No.18496135]

>>18495574
>t. News media

You've been spotted

[Anonymous No.18496152]

>>18495380
Government is buying stock through the fed and black rock.

[Anonymous No.18496164]

>>18495447
So USD has become like USDT making USDT even worse like it’s USDTT this is hilarious

[Anonymous No.18496229]

I’m personally making more money unemployed than I did working so yeah, 5 million people just got a raise in addition to thousands in trumpbux everybody in the country is sitting on a pile of money right now this is bullish

[Anonymous No.18496256]

>>18496135
>t. Retard
You’ve been spotted.

[Anonymous No.18496281]

>>18496229
Yeah it does seem to be a bit of a problem that you can sit at home now and make 24/hr...

[Anonymous No.18496301]

>>18495555
the quads of truth speak again

[Anonymous No.18496317]

The positive assumption is that...

People will go back to work in a few weeks and work harder than ever bringing us back. And that new industries will emerge and adapt to help gain GDP.

Pretty wishful thinking.

I don't see any logical argument against hyperinflation happening.

[Anonymous No.18496375]

>>18495380
To answer you, OP. We will likely hit 50% or more unemployment and the economy is going to nose dive. Here is how it will play out:
>some states start easing up restrictions and plenty of greedy companies order workers back
>outbreak enters extreme mode, hospitals are overwhelmed and we see the real death toll go to 35-60% of infected (we already know this is the non hospitalized number)
>Mass panic ensues, people start refusing to go to work
>states shut down again, we have now prolonged the virus’ impact on the country by a magnitude of difference because of retards who somehow still think this is no big deal
>By the time this all happens, it’s too late. If states haven’t shut down borders (not likely thanks to the massive amount of retards threatening to riot if they do), we will see hospitals everywhere start to reach capacity and people dying left and right, causing riots regardless and more public exposure
>lots of big companies will begin to go out of business
>eventually shit will settle down but the economy will continue to bleed
>people will accept the new normal of being in a similar climate of the Great Depression, probably worse honestly.

The funny thing is it could all be prevented but Americans are too egomaniacal. What should be happening:

>shut down US borders completely
>states each block off entry and exit
>police and military enforced stay at home for a month
>reopen state borders, keep US closed until other countries follow our lead and purge

It will suck for a month but if we did this in January when we knew about the virus we would have not really been impacted.

Never gonna happen.

[Anonymous No.18496404]

>>18496317
>People will go back to work in a few weeks and work harder than ever bringing us back. And that new industries will emerge and adapt to help gain GDP.
>Pretty wishful thinking.
Seems like it. I mean in my state you can get paid $24/hr now to sit at home. And companies that were pigfat and now determining how to trim their fat and operate lean again, in anticipation of a recession. I'm keeping an open mind, but I find it hard to believe this is going to be a V-shaped recovery.

I'm new to all of this, what's the hyperinflation issue? I realize the government has kicked QE into full throttle, but what will start happening as a result?

[Anonymous No.18496472]

>>18495555
>Its just a matter of how long they can keep it up for.
Until the US become a fully nationalized commie shithole. Bill Cooper warned us for years it was the kikes' end goal : a socialistic totalitarian NWO, but we didn't listen.
And now everything he predicted is happening.

[Anonymous No.18496536]

>>18495380
New ATHs before fall then new decade lows before next spring. Mining stocks And FAANG to take us to new levels then everything will go bust very very fast. Fed will print and print and print I’m expecting 3x-5x the current balance sheet. First time will see real inflation in many many years. 2020s will be all about inflation

[Anonymous No.18496542]

>>18496229
But unemployment won’t automatically deposit into your 401k. Nothing is open for us to consooooom

[Anonymous No.18496611]

>>18496404
if you dont understand the hyperinflation issue, you dont understand QE

[Anonymous No.18496660]

>>18496611
You don't understand QE if you think hyperinflation results from QE. lol

[Anonymous No.18496700]

>>18496542

good point. i put $300 a week in my 401k automatically and now I'm not doing that, and everything around me is closed not that I'd even spend the money now with all this uncertainty of not knowing if I still have a job or not

thought about starting a roth IRA and putting some of extra bux in that

[Anonymous No.18496723]

>>18496542
how long do you think the consoooomers are going to be cooming instead of consooooming?

I agree with you though, most the people who are getting that unemployement, aren't buying stocks.

>>18496700
>i put $300 a week in my 401k automatically and now I'm not doing that
You are waiting for the uncertainty to pass? or just want to keep extra money around for liquidity during uncertain times?

[Anonymous No.18496873]

>>18496723

No, I was just putting 15% in my 401k through my paycheck and now I'm not getting a paycheck I'm getting unemployment. I could still invest some on my own in my personal investment account but how many of the recently 22 million unemployed people who were pumping the market every paycheck with automatic 401k contributions are going to do that right now

[Anonymous No.18496880]

>>18496723
I don’t imagine many powerhouse states (ny nj ca) opening by May 1. If they do it will be remedial. I’m hopeful for 4th July opening until sometime in September.

[Anonymous No.18496901]

>>18496375
if only the virus was real

[Anonymous No.18496913]

>>18496700
>>18496873
A Roth IRA is still a good idea. I’d hold onto the cash for now and at least until you start working again.

[Anonymous No.18496945]

Bobos and doomers so fucking mad right now

[Anonymous No.18496974]

>>18496945
Daily ticker looks promising.

[Anonymous No.18497001]

>>18496945
>>18496974
So does the yearly.

[Anonymous No.18497020]

>>18496945
>>18496974
>>18497001
Sarcasm asides. Buy this.

[Anonymous No.18497202]

>>18496974
>>18497001
Is it all priced in? What other bad news could we have? (serious question)

[Anonymous No.18497349]

>>18497202
>Is it all priced in?
Priced in is a meme. Nobody can predict the future. Too many variables.
>What other bad news could we have?
People expect things to go back to normal on May 1. However, I don’t believe things will. People are now terrified of the virus, and the virus will not disappear. Our only hope is that the media changes their tune and start saying the virus isn’t as deadly as expected and that the curve is flattening.
So to be brief. Next unexpected bad news is that we won’t return to normal on May 1. Following bad news will be that either we have to accept the risk associated with the virus and live like normal or that we will never live life as we used to.

[Anonymous No.18497390]

>>18495555
So hyperinflation then?

[Anonymous No.18497422]

So it's over bros. America is finished...

[Anonymous No.18497459]

>>18497422
I for one welcome our new Chinese overlords and their interesting dietary choices. I can’t wait to see what they’ll eat next!

[Anonymous No.18497550]

>>18497459
I could care less about that. hyperinflation, no more jobs, biggest companies sans amazon go bust. I'm in Latin america but all that shit comes here eventually. We still make most of our money via tourism. The whole world is fucked and it seems like everyone believes it'll turn out ok.

[Anonymous No.18497589]

>>18496375
holy shit dude turn off the news lmao
only fucking old peeple are dying, most of the stories of "20 year old dies from corona" are bullshit, they are counting ALL DEATHS in new york as corona deaths. its a nothing burger, no more than 0.5 percect will die.
nothing.

They are intentionally crashing things so they can buy it up cheap.

[Anonymous No.18497609]

>>18497550
I’m with you fren. Life won’t go back to normal for some time. But stay optimistic.

[Anonymous No.18497661]

Bump

>>18496375
This + >>18496281 + >>18496404

The fact we’re all making more than we did before and the state wants to open businesses should terrify us all.

[Anonymous No.18497704]

>>18497661
How long is that ultra-high unemployment supposed to last for?

It for sure concerns me. I would think someone with foresight would say "this is great while it lasts, but I better find a job because it won't last forever" but hard to justify taking a 15/hr job right now. Plus a lot of these people making 24/hr sitting at home are going to also do gig work for cash.

[Anonymous No.18497709]

>>18497550
Maybe look at it as an opportunity to diversify your economy away from tourism and try and develop some sort of autarchy so when this shit happens again (and it will) you’ll be better off

[Anonymous No.18497827]

>>18496375
Fucking this. The only time a strong centralized government is the clear best option is in situations like this where your enemy can't be negotiated with or dealt with piecemeal. We needed uniform sweeping action months ago, but retarded boomers and zoomer cucks couldn't think more than a week in the future and refused to get on board. Now everything will be shut down magnitudes longer for every day people resist the measures, and simps in michigan were just congregating and spreading the coof yesterday.

[Anonymous No.18497968]

>>18497589
>BRO JUST TURN OFF THE NEWS
>Proceeds to spout misinformed bullshit about youngins being safe from corona-chan
Coof and choke on your own fluids.

[Anonymous No.18498011]

>>18495574
NOOOOOOOO YOU CANT MAKE PROFITS WHILE PEOPLE ARE DYING, THAT'S SAD AND UNFAIR

[Anonymous No.18498016]

>>18497704
UI for three months. An extension of UI is already available for 39 weeks (end of December) if you apply for it- Hint not that many people know about the 39 week option. Personally I’m trying to use this time to get a job in a space I’d enjoy versus getting a job for the sake of survival

[Anonymous No.18498052]

>>18495380
i think people realize that the stock market is independent from whether or not a bunch of niggers are doing some stupid manual labor / service job

[Anonymous No.18498070]

>>18497827
>>18496375
based anons with IQs above room temp

[Anonymous No.18498127]

>>18495433
genius. fleshlights will certainly moon as the slave cast is quarantined away from their gfs

[Anonymous No.18498193]

>>18498127
My gf is in another state with her family now and so I get the constant texting with zero sex, zero of her cooking, no cuddles, nothing. Just her constant text messages about literally nothing....

You can get some free tube and a vibrator by tweeting Trojan apparently. I tried but they didn't respond :o( I wanted to coom with a vibe under my dick :o((((((

[Anonymous No.18498520]

>>18496152
>the fed is the government

[Anonymous No.18498697]

>>18497589
I think you are probably just memeing but here's a truth pill for you. My wife's cousin is a world renowned disease biologist, she works mostly with STD's so isn't involved in corona but she gets reports every day about progress from the people in charge in the scientific community. Here is what we know about coronavirus:

>How fast it spreads
>It kills people of all ages but is deadlier to some age groups than others & people with preexisting conditions

That's it. She says every day there are more questions, and no answers. It will be a long time before we figure this out and in the meantime it will kill a lot of people. Good luck out there.

[Anonymous No.18498724]

>>18495433
ONAHOLE GANG

[Anonymous No.18498830]

>>18498697
I appreciate your input fren but I think this is waaaay over hyped,
and I live inna woods anyways so I honestly dont really care either way.
>>18497589
Okay.
I will keep buying everything while it is cheap and undervalued.

[Anonymous No.18498877]

>>18495380

It's a mix of investors soaking up free money from the Fed, and also investors being detached from reality.

[Anonymous No.18499401]

>>18495380
Of course they will. This pandemic is a hoax after all.

https://www.youtube.com/watch?v=p_AyuhbnPOI

[Anonymous No.18499468]

>>18498697
>from the people in charge of the scientific community
OK. Are these the ones who told us there was no evidence of human to human transmission, or the ones who told us not to wear masks? Oh wait those were the same people

[Anonymous No.18499853]

>>18499468
No that was chinks spreading disinfo, for reasons, and their paid lapdogs parroting it

[Anonymous No.18499896]

>>18497589
You should stop listening to the fox news and Rush and pull your head out your ass...christ you are chromosome stupid right now.

[Anonymous No.18499934]

>>18498011
You can make the greatest profits when blood flows through the streets. I am on the edge of cooming from excitement right now. Time to die porkies.

[Anonymous No.18499991]

Nonstop bad unemployment numbers. We’ll be seeing shit earnings reports for months. People are either nuts for buying or smartly factoring hyperinflation.

[Anonymous No.18500954]

>>18499991
Could this be all "priced in"?

[Anonymous No.18500963]

>>18499934
How do I profit from this?

[Anonymous No.18501155]

>>18495459
> How long can they keep it up?
The problem is not in keeping it up. The problem is whether they are going to blow their load too soon.

I suggest thinking of baseball.

[Anonymous No.18501204]

We have infinite QE, zoomer
It's bullish forever now

[Anonymous No.18501230]

>>18495380
The stock market
Is not
The economy

[Anonymous No.18501316]

>>18501230
true, but unemployment tends to be a bad sign for the stock market, right? probably means earnings are going to be bad

[Anonymous No.18501526]

>>18499853
>https://twitter.com/Surgeon_General/status/1233725785283932160

[Anonymous No.18501599]

What kind of retard would base his purchase of a stock based on national unemployment rate.?

Like, do you assume society will shut down permanently?
The stocks are at a bargain price, no other reason in necessary.

[Anonymous No.18501700]

>>18501526
And? We’ve given China the ammunition to sink us and we’re surprised that they use it?

[Anonymous No.18501784]

>>18495447
>he thinks 500b is enough to make multi-trillion dollar market raise.
It's people, investors, banks hedgefunds look at the price 5 to 10 years from now than today's value.

[Anonymous No.18501807]

>>18495380
I don't see it happening with handshaking off the table.

[Anonymous No.18501890]

stimulus check - unemployment - CVG
halp

>california
i got on unemployment a few days shy of a year ago. my unemployment year/claim is about to end. i exhuasted all my state benefits about 6months ago.
can i get an unemployment extension and collect the $600 federal benefits for the next 13 weeks?
>i assumed i was within the timeframe window to"re-open a claim" but the website is hinting that i will be ineligible if i have not received a payment within the last 24days,

>banned from making new thread

[Anonymous No.18502066]

>>18496375
K doomer

[Anonymous No.18502143]

>>18496375
>states each block off entry and exit
Easier said than done. There are a lot of state borders in urban areas; all you have to do is walk across the street, and you're in another state.

[Anonymous No.18502176]

>>18501890
how the fuck did you manage to stay unemployed for a year in this economy? that's basically impossible if you try

[Anonymous No.18502188]

>>18501599
Because massive layoffs are a sign that earnings are going to be shit

[Anonymous No.18502305]

>>18502176
>how the fuck did you manage to stay unemployed for a year in this economy? that's basically impossible if you try
drove around the country, hung out at the skatepark a lot, threw some big events, wasted a lot of time, applied for about 5 jobs a month.
>looking for professional office job
>last job was at a weed company.
im fucked.

[Anonymous No.18502334]

>>18502305
We just hired an accountant that worked for a weed company, why does that matter? It's legal now nobody cares. what they will care about is that you are a dirty skater bum that is lazy

[Anonymous No.18502466]

>>18502334
corona virus unemployment general

>california
i got on unemployment a few days shy of a year ago. my unemployment year is about to end. i exhuasted all my state benefits about 6months ago.
can i get an unemployment extension and collect the $600 federall benefits for the next 13 weeks?? i assumed i was within the timeframe window to"re-open a claim" but its hinting that i will be ineligable if i have not received a payment within the last 24days, fuck fuck fuck fuck

[Anonymous No.18502600]

>>18496536
The worst part is in 2030 they'll be looking back and blaming corona for $5.00/gal milk. This clown economy was always going to nosedive eventually and fed was always going to brrrrrr to prop things up for boomers and corpos to make a clean exit. But now everyone is going to fall for le black swan meme and give all the financial architects who built this house of cards over the past century a free pass.

[Anonymous No.18502679]

>>18502305
Based but also
F

[Anonymous No.18502713]

>>18502600
Unbelievably based.

Ride the tiger.

[Anonymous No.18502757]

what stock do i buy?

[Anonymous No.18503411]

>>18502757
I think you stay cash heavy and wait for things to calm down, then trickle money into index funds. I'm pretty boring though.

[Anonymous No.18503542]

>>18495380
No they won't be hired back. Why? Because they aren't essential. Why would a company that is not essential hire back an employee who is not essential? That's a waste of money. Recessions serve to eliminate the positions that are not needed. This economy has been bloated since the late 90s.

[Anonymous No.18503985]

>>18496472

[Anonymous No.18504028]

>>18496404
What? Which state is that?

[Anonymous No.18504033]

>>18496375

[Anonymous No.18504220]

>>18497349
NY is already saying May 15th at the earliest, and many other states look to NY as an example.
Nothing will be reopening for at least another month.
The issue with everyone screaming about their naked puts or the bulls laughing at the bears is that their time horizon is too short. Everyone here is used to the past few weeks or is coming out of ultra volatile crypto markets.
The S&P500 moves, but a bull trap could last a few weeks. That being said, the upwards market we've seen the past couple weeks has been caused by the bears faltering. The bull market will end when the bulls falter.
I expect rubber banding and decreasing occilation for a while. If you're in stocks, dollar cost average each time you think its bottomed. If you're in options, consider strangles and spreads to hedge yourself for the sideways BS we've seen.

[Anonymous No.18504229]

>>18504028
Florida. But we aren't unique

[Anonymous No.18504421]

>>18496375
good post and sars1 had two breakouts spring and late summer

[Anonymous No.18504829]

>>18496472
Take your meds schizo

[Anonymous No.18504946]

>>18495536
why would you stay in cash when the inflation is going to go to at least to 100%

[Anonymous No.18505035]

>>18496281
Daily reminder that $24/hour is going to become the new minimum wage. I hope you own stocks when that happens.

[Anonymous No.18505140]

>>18505035
lol I can't imagine the destruction that would cause

[Anonymous No.18505169]

Not saying I'm right but a few perspectives on the unemployment reports.

4 weeks in a row of numbers in the millions, 4 weeks in a row of gains in the stock market.

To me the unemployment numbers are a signal that the Fed will have to do more and then people are buying on the prospect of more/future stimulus.

Another perspective that's also sad, perhaps restaurant workers, gig economy and unskilled labor just aren't that important anymore. Automation continues forward every day and while the need for skilled labor and high end skills remains high, if I can build a machine that never gets tired, doesn't call out sick and doens't need benefits and it costs me over time $3/hour, the economics of that as a business owner are just better than paying someone $10/$12/$15/hour + any other benefit costs.

[Anonymous No.18505546]

>>18505169
>Another perspective that's also sad, perhaps restaurant workers, gig economy and unskilled labor just aren't that important anymore. Automation continues forward every day and while the need for skilled labor and high end skills remains high, if I can build a machine that never gets tired, doesn't call out sick and doens't need benefits and it costs me over time $3/hour, the economics of that as a business owner are just better than paying someone $10/$12/$15/hour + any other benefit costs.

Holy fucking based. Had a similar thought the other day. Wagies who lost their job probably are not worth it in the system.

[Anonymous No.18505762]

>>18505169
>>18505546
Facility I work at is now a completely lights out shop. We had 130 employees in 2010 and now have 38 and have triple the output. The shop runs 24/7, there are more engineers on staff than in 2010, but a fuckload less regular workers.

[Anonymous No.18506189]

>>18497589

Your numbers are way fucking off. The average mortality rate of Covid-19 is ~2%, as low as .2%, and as high as 10% depending on the area.That's 2-100 times deadlier than the flu and that low end is rare. The rate is on the lower end in countries where the crackdown was draconian and there was 100% public cooperation--- that's china, germany. Higher in countries with poor public coordination/cooperation or overwhelmed healthcare systems. Before you act like the US has 1st world healthcare, top-notch government plans/powers to deal with the outbreak, and public cooperation it doesn't. The latter evidenced by people like you. Other anons bring up a good point as well: the mortality is only manageably low when the infected can be hospitalized and treated. The moment hospitals are overwhelmed and people stop being hospitalized for their covid infection, the death rate skyrockets. Part of the importance of putting all these harsh measures in place is to make sure the spread of the virus is slow enough that hospitals will always have room to treat the infected.

[Anonymous No.18506253]

>>18504946
Because we're currently deflationary as the whole planet goes all in on USD.

[Anonymous No.18506878]

>>18496317
I've been predicting hyperinflation since the fall of '08. Wake me up when it gets here.

[Anonymous No.18507715]

>>18495459

We should nationalize airlines instead of bailing them out. That's an incentive to save money for rainy days.

[Anonymous No.18507766]

>>18497709
The globe will shape up over this
>>18507715
Then every other industry will fear that this will happen. Also look at the USPS. It works but idk if I want that system to be flying me around.

[Anonymous No.18507936]

>>18499468
>WHO and research community are the same thing

[Anonymous No.18507970]

>>18501526
>no goyim masks don't work. BUT BUT if our doctahs don't get them, they'll be at risk!

[Anonymous No.18508124]

Stack paper fools
( )_)
( )_)
( )_)
( )_)
( )_)
( )_)
( )_)
( )_)
( )_)

[Anonymous No.18508209]

Stack paper fools
Second poowave soon
(o)_)
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(o)_)(o)_)(o)_)(o)_)(o)_)
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(o)_)(o)_)(o)_)(o)_)(o)_)(o)_)(o)_)
(o)_)(o)_)(o)_)(o)_)(o)_)(o)_)(o)_)(o)_)
Thank me later

[Anonymous No.18509142]

>>18497349
FOX has been shilling that "muh virus is not bad". When do I buy in already? It's fucking clown market pumping again.

[Anonymous No.18509163]

>>18495380
Now he gets it. Good job kiddo! My little wolf of Wall Street :)
Mom has dinner ready downstairs.

[Anonymous No.18509215]

>>18501526
>>18507970

I'm surprised you retards never realized why he was saying this. It's because our country is so absolutely unprepared for a pandemic that masks were (and still are) in short supply for people who will definitely be interacting with Coronachan patients. Obviously what he said wasn't accurate, but I don't think 'they work, but don't buy them because hospitals need them' was gonna work to convince our very charitable society of burgers from not buying surgical masks

[Anonymous No.18509419]

>>18500963
It's priced in. In the sense that the fed will keep pumping dollars into the economy backed by the value of every other country in the world using those dollars as a currency for trade.

[Anonymous No.18509784]

>>18496472

he was killed for a reason

[Anonymous No.18509809]

>>18501155
>blow their load too soon.
How is that possible when their load is infinite?

[Anonymous No.18510162]

>>18509809
Nothing is infinite on a finite world, even imaginary fiat money. Hyperinflationary events are a thing

[Anonymous No.18510271]

>>18496542
Wtf you talking? You left your house at all? It is like nothing happened minus the masks, social distancing signs, and beautiful skies empty of air pollution

[Anonymous No.18510315]

>>18496873
Doesn't matter, those people are consooming mindlessly and keeping my companies' earnings up. We've got $6 trilly in fedbux swimming into banks that then leverage 100x to $600 trilly to buy stonks and assets.

Dow 40k by year end

[Anonymous No.18511237]

>>18510271
Do you live in a rural area?

[Anonymous No.18511562]

>>18496375
Moron you realize economic damage is worse than the 0.01% that die right? Watch Styxhevenhammers latest vid on corona.

[Anonymous No.18511632]

>>18507936
Well, given that that moron believed there was such a thing as a cohesive research community, let alone people "in charge of" the research community...

[Anonymous No.18511683]

>>18511562
>Watch Styxhevenhammers

[Anonymous No.18511688]

>>18495433
based

[Anonymous No.18511832]

>>18498127

[Anonymous No.18512895]

>>18501599
>The stocks are at a bargain price, no other reason in necessary.

These are the kinds of people who are buying stocks right now.

[Anonymous No.18512983]

>>18511562
Hes clever but god I hate that tranny faggots voice

[Anonymous No.18513005]

>>18502188
More like a sign that there is going to be huge demand shock and due to layoffs and consumers decreasing their leverage.

[Anonymous No.18513070]

>>18495810
>Companies are using this opportunity to fire shitty workers theyre otherwise stuck with

Unless they're lazy useless union members because they're the last to go.

[Anonymous No.18513453]

>>18505762
Only people with specialized education, degrees and/or certifications/skills will be safe from automation. Everyone else is fucked.

[Anonymous No.18513517]

[Anonymous No.18513675]

>>18504229
yo, can some usfag elaborate on the $24/h number pls? Who gets to have this for how long? What are the conditions etc.
This seems real funky to me. From whst Ive heard the us was one of the more unregulated markets without any safety nets for the unemployed.

In ger we have a thing called kurzarbeit - short work. This is for businesses to sign employees up to compensate them by ways of the states money for their shortened work load/less pay. Say the businesses pay the formerly full time employee 3 days per week, the state deals with the other 2. This is not a 100% substitute, however. It ends up being like 80ish% of the former full time wage. We dont have any changes in the unemployment bucks for now. This is why I wonder about the situation overseas.

[Anonymous No.18513792]

>>18502176
>in this economy
stonk prices do not equal economy health, dipshit

[Anonymous No.18514712]

>>18497349
I'd like to contribute to bad news.
In AZ at least, the governor and school board have ordered schools closed basically indefinitely...at least the rest of the school year. Some may say "duh, but school year ends in may anyway"
BUT
Particularly in the area I'm in, Pre-K is a year round program...kind of a daycare early learning arrangement to get them into the system.
That is closed.
What happens when parents have to go back to work?
Having to vet reliable babysitters is already a chore and in my area before Corona they were wanting upward of $20-25/hr.
If those people can't make decent work from home arrangements after they're called back to work then there will probably be a second wave of layoffs and unemployment claims. Ideally that gets offset by a readily available talent pool but right now some people are more incentivized to NEET or milk TrumpBux for all it's worth.

[Anonymous No.18516299]

>>18496375
I mostly agree with you but 60% CFR is absurd. "Only" 20% of infected require hospital care and theres still a chance for survival even without. If all hospitals and medical professionals vanished over night, the CFR would at the absolute worst reach 15%.
But that might be enough to cause panics, I'm not sure. An event killing 10% of all US citizens would have been unthinkable a year ago.

[Anonymous No.18516445]

>>18504220
I do not play swings and am holding my shorts from January. I think it’s trending down.
>>18509142
I think we’re near the near term top. I wouldn’t buy Longs atm
>>18514712
There are many negative indicators. But line goes up.

[Anonymous No.18516655]

>>18513675
>yo, can some usfag elaborate on the $24/h number pls?
Well my state unemployement pays 275/week, then now CARES adds another 600/week, which is 875/week. Figuring a 40 hour work week, that's 21.88 an hour. My numbers are ballpark, I think when I looked at the exact ones it came to 24/hr.

[Anonymous No.18516720]

it's the small businesses that are getting devastated
"the market" is up but it's giants like amzn hitting new highs

[Anonymous No.18517171]

>>18495574
Less then 18k dead my dude.

[Anonymous No.18517204]

>>18516720
People are fleeing to anything still afloat without seeing the massive wave of debt and unemployment that will soon capsize all.

[Anonymous No.18517212]

>>18495380
the markets are manipulated anon, think about those that own it

[Anonymous No.18517227]

>>18516720
We just got our SBA loan, I guess just in time since that money has run out.

[Anonymous No.18518613]

>>18514712
If people go back to work they will force the schools open.

[Anonymous No.18518644]

>>18495380
POS I lost money after my puts went down

[Anonymous No.18518736]

>>18495555
no, not all bad news are priced in. There will be worse news coming that no one counts for. The majority still believes the virus is just a flu

[Anonymous No.18518798]

>>18496375
lmao, peak delusion. The economy is fucked, but that's due to the mass hysteria and shutdown over the virus, rather than due to the virus itself.

covid isnt going to be much worse than the seasonal flu during a rough year like 2017-2018. And that's without discounting for how the CDC guidelines for counting covid deaths us artificially inflating the death rate

[Anonymous No.18519002]

>>18496472
schizo