And trump wants more more and more rate cuts I thought our economy was the best with huge gdp growth, fantastic earnings and low historical unemployment.. Sooo why the reason for zero interest rates?? Trump demands ‘more easing and cutting’ after Fed slashes rates amid coronavirus outbreak PUBLISHED TUE, MAR 3 202010:46 AM ESTUPDATED 42 MIN AGO https://www.cnbc.com/2020/03/03/tru...rther-ease-after-50-basis-point-rate-cut.html
I said this yesterday - it's not how the market reacts...it's how it PROACTS... of course the cut is a net positive for the market.... but them boys aint done with this campaign yet. it's just another f flu that has killed 6 in the US, during this time 600 have died from the regular flu already... it's all just a game, are you still not seeing it ??
like I said this shaking-the-tree campaign aint over yet.... timing wise pulling up right now doesn't make any sense.... this f'cking virus only killed 6 in the US, while the regular flu kills on average 100 PER DAY.. it is truly a nothing burger.. them boys prolly surprised themselves how effective this campaign has been, pressing the price down all the way to wash out all them dumb lucky bastards who been in the money since November! these people are hurting, the nerves are cracking.... why not pound them a few more rounds... a few more weeks will be good while the new virus case numbers still on the rise! then those inventory will be great for the April earning run. this whole thing is so f'cking obvious why do people not see it.
You nearly made an accurate point: annual average U.S. mortality from flu and flu-related causes is ~6300. 600 deaths would represent ~38 days' worth. Errrrrr, no. CDC sez 6,300/year -- that means ~17 per day, not 100.
https://www.globalsecurity.org/security/ops/hsc-scen-3_flu-pandemic-deaths.htm 15-60k per year, peak year 80k ish....call it 35k average = 100 per day.. whatever... point is corona is a nothing burger. people, as a whole, with 100 IQ, is a truly f'cking idiot.
peak year 80000, that's what, 250 per day... and here we are, 12% down on 6 dead... why are people so stupid... or maybe I am just too smart. https://www.cnn.com/2018/09/26/health/flu-deaths-2017--2018-cdc-bn/index.html
Yet, you were advocating 2nd mortgage and all in just few weeks ago, where I was telling to wait as dips are coming. Please enlighten us further with your wisdom.