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hegemony

Economy Watch Thread

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17 hours ago, hdporter said:

 

 

Right idea ...

 

Stock price is $100  then suffers a 30% decline to $70.

 

Takes a $30 increase to recover where it started:  $30/$70 = 42.8%.  ;)

thanks for correcting my math... and yah because 42% returns happen all the time. :rolleyes:

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I'm looking for a lasting repricing of some industries not because the effects of the coronavirus itself will last, but because people have learned that holding meetings from home isn't that bad, and saves lots of money.

 

For example, one group for which I regularly travel internationally may cut its face-to-face meetings in half after the dust settles, and replace the missing meetings with teleconferences.

 

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The World Could Be Running Out of Condoms Because of Pandemic

 

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The world’s biggest maker of condoms warned of a global shortage as supply falls by almost 50% while its stockpile is set to last for just another two months.

 
 . . .
 
Meanwhile, demand is growing at “double digits” as governments around the world issue stay-at-home notices and many people abstain from having children due to the uncertain future

 

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Alright - as of 11 PM EDT Sunday night the DJIA Futures are down 210 (about 1%). I haven't seen the latest FV number.

 

Over/Under for the DJIA this week?

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44 minutes ago, IndyPoolPlayer said:

Alright - as of 11 PM EDT Sunday night the DJIA Futures are down 210 (about 1%). I haven't seen the latest FV number.

 

Over/Under for the DJIA this week?

Will be under and will keep going down around 1 to 2% until the death curve flattens here in US.

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These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says


 

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The place to look right now is the FHA market with the credit quality of their borrowers,” Calabria said. “They are going to be the first canary in the coal mine if you will in terms about what the broader implications are going to be.”

 

 

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Yep. Not a single penny saved for a rainy day. I've got friends and acquaintances right now beginning to repeat what they went through in 2009.

 

In the big picture, anyone of us here could end up on the skids no matter how prepared we are. I just know it won't be me tomorrow. 

 

 

 

 

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It's not all bad.

 

I had an instrument out for repair that came in yesterday and had to travel about 40 miles much of which normally has heavy traffic. No traffic at all, 70-80 mph all the way and back.

 

I'm a glass half full kind of guy.

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