richravizza 28 #101 October 28, 2020 14 hours ago, olofscience said: They made a few claims in that video: the market has "predicted" incumbent wins or losses right several times before the interviewee then explained why the numbers go up or down based on what the market thinks critically, they did not explain WHERE the markets get their prediction/opinion from. They probably look at the polls, and either agree/disagree with it but there seems to be no other source of information besides the polls, and instinct So sure, they guessed right several times, but they didn't show how the polls were doing when they guessed right. They didn't make those guesses in a vacuum. The markets are made of humans and they don't have any special knowledge that's not available to the general public. Heck, several posters here are investors. I agree. IN AN A POLITICAL WAY OOPS.I tried to explain my reasoning, simple as it is, if you wanted me to opine on the markets direction if either wins, you should have asked.But we've seemed to digress to the tail that wags the dog. So back to where we agree, and my reasoning,Please remember it's irrespective of C-19 so put that in a bubble. I'll also agree with everyone here, that the immediate overall markets direction is c-19 news hostage. I Agree,"The markets are made of humans and they don't have any special knowledge that's not available to the general public. Heck, several posters here are investors." So lets play out some investor psychology. #1 Would I be a popular fund manager on these forums, of course not. #2 What fund manager would predict a Trump victory? An unemployed one. #3 Be smart and find a way to make your emotionally driven investors happy, even if you or they are wrong. So in this scenario, I tell my investors. I think Bidens a shoe in, fuck Trump, you just relax your fears away, I got this. Then if, Biden losses I look smart, because everyone got it wrong.$ My Shocked terrified investors come running to me,What shall I do? Then like Capt. Morgan,hand on my breast,I say, Don't you worry I've Got this, steady as she goes. Win,win win. Quote Share this post Link to post Share on other sites
yobnoc 142 #102 October 29, 2020 On 10/27/2020 at 1:28 PM, JoeWeber said: It was dark. I feel like I'm getting my chain yanked here... Quote Share this post Link to post Share on other sites
gowlerk 2,190 #103 October 29, 2020 Just now, yobnoc said: I feel like I'm getting my chain yanked here... You are pretty young, aren't you? Quote Share this post Link to post Share on other sites
yobnoc 142 #104 October 29, 2020 20 hours ago, richravizza said: Just call me a lier, it requires fewer words. While your at it, tell me what you really think of me.I won't ban you, turn off my notifications or call the speech police.I'd invite the moderator to stay out of it so we can use some profanity.You see, i've been called every name in the book.So have at it. In return I'll tell you my jape about the cold war,I never shared with you last year, same narrative, Trumps a racist. I find it interesting no one asked me what were the core American values, we're bonding over. Racist and the Alien. I'm legitimately trying to decipher the last three sentences in your post. Can you rephrase them? Quote Share this post Link to post Share on other sites
yobnoc 142 #105 October 29, 2020 4 minutes ago, gowlerk said: You are pretty young, aren't you? I seem to be on the younger side for this forum, yeah - 33. Quote Share this post Link to post Share on other sites
gowlerk 2,190 #106 October 29, 2020 2 hours ago, richravizza said: Would I be a popular fund manager on these forums, of course not. Buy low, sell high. The general rule is to buy now, or even better yesterday. Then hold for as long as you can. Because the trend is always upward over the long haul. There, simple. 1 Quote Share this post Link to post Share on other sites
Phil1111 1,149 #107 October 29, 2020 3 minutes ago, gowlerk said: Buy low, sell high. The general rule is to buy now, or even better yesterday. Then hold for as long as you can. Because the trend is always upward over the long haul. There, simple. How long is your haul! Quote Share this post Link to post Share on other sites
gowlerk 2,190 #108 October 29, 2020 Off topic I go again...... the historical return for the S&P 500, adjusted for inflation is about 7% annualized. I'll not bother much with investing in Japan. Quote Share this post Link to post Share on other sites
richravizza 28 #109 October 29, 2020 14 hours ago, Phil1111 said: Too funny US per capita income is rising because: "COVID-19 is set to result in a further fall in the U.S. population growth. According to the latest estimates by the U.S. Congressional Budget Office, U.S. population will be 374 million by 2046, 10 million less than 2018's prediction. It mainly takes into account a predicted decline in the birth rate due to higher unemployment rates and an increase in anxiety to economic consequences of the pandemic. The long-term effects of the coronavirus outbreak in the U.S. are still anybody’s guess, but most economists and experts are predicting significant negative impacts on GDP, jobs growth and even population sizes. Data released by the Congressional Budget Office last week shows just how bad the U.S. government believes the outlook is for the future." The brilliance of high speed internet isn't watching porn 24/7. Its that the answers to everything is out there just ask the questions. If trump and the GOP wasn't so focused on "white power" perhaps immigrants from Ireland, Norway, etc would look at the US. Instead racist policies and border walls and Trump Virtually Cuts Off Refugees as He Unleashes a Tirade on Immigrants. So imagine the last few old white men in nursing homes being cared for by a Honduran orderly with a ratio of 100-1. Because there is nobody to look after the old white men. Immigrants that are brown, black, yellow etc.and remember the old racist GOP policies of the 2010-20's. Why is it that the progressive Democrats are obsessed with race? Here in Cal we have to vote on this piece of Orwellian rewrite, compliments from our Super Majority Progressives. https://voterguide.sos.ca.gov/propositions/16/ The Governor of Calif predicted 56% of Californians would get C-19 a million could die.so it's not all roses, but better than the worse, considering Pelosi told LA to go to China Town there is nothing to worry about. So lets put some comedy to it. this one is funny too. Quote Share this post Link to post Share on other sites
richravizza 28 #110 October 29, 2020 54 minutes ago, yobnoc said: I'm legitimately trying to decipher the last three sentences in your post. Can you rephrase them? Nope, just disregard please. I think your little twist on my story enough humor for the night,{Sarcasm}sorta like this Quote Share this post Link to post Share on other sites
kallend 2,026 #111 October 29, 2020 (edited) 3 hours ago, billvon said: Posting this in a single thread is sufficient. Please don't spam. They are two different articles. You posted your comment without reading. The ghost of rushmc haunts the thread. Edited October 29, 2020 by kallend Quote Share this post Link to post Share on other sites
obelixtim 150 #112 October 29, 2020 9 hours ago, wolfriverjoe said: Trump holds a rally in Omaha. For security reasons, people have to park their cars about 3 miles from the event, so the campaign has buses to take people from the parking lot to the event. After the event, it took over 3 1/2 hours to get those people back. In temps right around freezing. Several people ended up in the hospital. https://omaha.com/news/local/govt-and-politics/hundreds-of-people-waited-hours-in-the-cold-for-buses-after-trump-rally-in-omaha/article_9b050405-d58e-5441-8353-c16988e954ee.html Darwin award candidates, all of them. They should have believed in global warming. And it wasn't the cold that was the problem. It was the temperature, manipulated no doubt by the dastardly Dems. Quote Share this post Link to post Share on other sites