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after stimulus packages subside and 2Q earnings get released.
Baron's financial advisor is right on this one. The Q2 results were baked into the March sell off. The market's moved on to 2021's potential.
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are telling a different story and though they finally have a bid are either grossly oversold or maybe just right.
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It has to go somewhere.
And the market overreacted in March. The economy was in good shape before the pandemic and it'll pop right back up as we come out the other side.
I'll keep saying it because it's true. The DOW (S&P, NASDAQ whatever you want to track) will continue its relentless grind higher and higher. Doesn't matter who is in the Oval Office.
doesn’t matter who is in the Oval Office.
What are you going to do? Go to 100% cash?
Let's see how that works out for you.
to $4 per gallon. What are you buying, ESG companies? Problem is try raising equity or loans for projects that don’t generate revenue. Oh that’s right the government will fund that. So they will raise taxes to pay for these green initiatives. What are you buying?
So if you're just moving money from 1 S&P component to another, you think the S&P is going to tank and take your life savings with it? Just admit you won't be "kissing your assets goodbye" like you said earlier. That's silly talk.
Honestly. Think about it.
sentiment. I’m in the energy business, but have parents in assisted living. I build infrastructure and involved in aviation. So I have always invested in what I know.
But there is a significant shift toward big Pharma that everyone used to hate. So I have bought into that sector along with assisted living since all the boomers will flood these facilities.
Free advice take it or leave it. I really don’t care what you do. There is money and politics. Given a decision I choose my politics based on what I believe is best for America, my family and my company.
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You must be smarter than me. Congrats.
hits and the unemployment numbers inevitably start to decrease. Further, I just had a discussion with a professional finacial investor who told me that the expected bad economic numbers from COVID will not have the dampening effect that they usually have given that they have now baked it in.
The Left tried hard, but they just can't beat Trump and his economy. Great news for our country!
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canary in the coal mine or not.
government and Fed will bail them out. I bought Citi at $1.78 in ‘09 and made a fortune on that and running molasses in from Canada. Your father too. It will happen again. The banks know this, that’s why they don’t care if people are behind on their mortgages, car loans, rental properties and credit cards.
Wouldn’t you agree?
have the highest exposure to underperforming sectors as well as geographical business footprint.
My dad (?) was all Warren Buffett and mostly US Treasury TIPS btw.
I was w/JPM 10y+ at that point and was a little too long in various contingent and deferred accounts.
Averaged down anyway so it all worked out.
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levity. Where did you work for JPM. I worked for Paine Webber and Dean Witter.
move to NY.
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be a reason for future boom.
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