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08-14-2019, 09:24 AM | #3121 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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This stock markets making people cranky. |
Posts: 40,651
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08-14-2019, 09:47 AM | #3122 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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08-14-2019, 09:53 AM | #3123 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $841110
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He must really, really like me!
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,827
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08-14-2019, 10:13 AM | #3124 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
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IQ taking another shit today
****ing chinese
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Chiefs game films |
Posts: 288,664
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08-14-2019, 10:28 AM | #3125 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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Dow down 666 right now
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Posts: 40,651
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08-14-2019, 11:04 AM | #3126 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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Posts: 40,651
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08-14-2019, 11:17 AM | #3127 |
I don’t care for Auburn
Join Date: Aug 2014
Location: Sweet Home Alabama
Casino cash: $3180340
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It's recession time, brothers! Buy, buy, buy!
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Posts: 7,287
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08-14-2019, 11:27 AM | #3128 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $864127
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We have more downside to go but I am buying lightly on the way down.
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Posts: 129,979
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08-14-2019, 01:10 PM | #3129 |
MVP
Join Date: Aug 2000
Location: Lee's Summit
Casino cash: $4721637
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Posts: 8,290
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08-14-2019, 01:27 PM | #3130 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $864127
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Quote:
If you ever look at a downturn in the market look at a chart of the VIX. You will quickly see that increased volatility and down markets go hand in hand. |
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Posts: 129,979
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08-14-2019, 01:31 PM | #3131 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $1326869
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Took two hours to fill a couple of shares of the Schwab large cap ETF. I probably didn't set the stop price at the optimal level but w/ever. Commission free trades.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
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08-14-2019, 01:39 PM | #3132 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $864127
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Heard a great analysis today on CNBC by a Treasury trader who said this entire inversion crap goes back on the shoulders of the Fed and their aggressive rate hiking last year. Now they actually need to start dumping their $2.4t worth of 10 years and cut rates to get the curve back to normal.
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Posts: 129,979
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08-14-2019, 05:15 PM | #3133 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
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I like this guy . I've watched several of his videos and i have to say I agree with 99% of what he says. Maybe that's why I like him.
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Posts: 40,651
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08-14-2019, 05:37 PM | #3134 | |
Why so serious?
Join Date: Dec 2016
Location: Chicago
Casino cash: $510415
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Quote:
Term premium - or the amount investors are compensated for investing in longer maturity interest rates - is low. A portion of that is a function of the Fed’s large holdings of Treasury securities. But a larger portion is the fact that 30y German bonds are yielding -0.20% (exerting a global pull lower in yield) and a portion is a function of lower inflation expectations than we’ve faced in many, many decades. So it’s a lot easier You’ll hear a lot about how the inverted yield curve is an indicator of a coming recession. And while that may be true, there are lots and lots of reasons why it could easily be giving a false positive in this environment given the much reduced term premium mentioned above (ie, inversion has a much lower bar) and a sort of self-fulfilling quality to it all as the Treasury rally tends to accelerate when it inverts because of its alleged meaning. I’d also mention that liquidity - that is, the ease with which one buys and sells - in Treasuries is abysmal right now (JPM released a paper today mentioning that it declined by a factor of 3 this month), and August is seasonally a month very favorable to a flattening of the yield curve. In any case, if the Fed actually started selling Treasury securities as per the trader you saw on CNBC (I wanna LOL at that), equities would be down 10% tomorrow. The Fed hasn’t been the problem here, no matter what Trump tells you. |
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08-14-2019, 07:30 PM | #3135 | |
Mod Team
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Location: Valley of the hot as ****
Casino cash: $1900
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Quote:
Thanks a lot asshole!
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2024 Royals game thread record 3-0 |
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