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(Marketwatch)   Stock Market begins to sell off on news that no one is interested in buying our debt anymore   (marketwatch.com) divider line
    More: Scary, Bond, benchmark Treasury note, Peter Boockvar, chief investment officer, Thursday afternoon, 7-year notes, 7-year note auction results, Bond prices  
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1010 clicks; posted to Business » and Main » on 25 Feb 2021 at 2:16 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



24 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-02-25 1:57:54 PM  
"Oh, right; Dems in control: time to crash the market."
 
2021-02-25 2:21:55 PM  
China flexing their muscle?
 
2021-02-25 2:23:53 PM  

I am Tom Joad's Complete Lack of Surprise: "Oh, right; Dems in control: time to crash the market."


More like "Dad's home, party's over"
 
2021-02-25 2:35:22 PM  
That's ok. I've converted all my money to wampum. I'm rich and I have all the chowder I can eat.
 
2021-02-25 2:42:11 PM  
Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months
 
2021-02-25 2:42:37 PM  
Thanks Joe!
 
2021-02-25 2:49:22 PM  
I suppose if you're into Treasuries you might be slightly aroused. ..assuming the Republic will be around in 10 years, of course.
 
2021-02-25 2:51:47 PM  

gyruss: I am Tom Joad's Complete Lack of Surprise: "Oh, right; Dems in control: time to crash the market."

More like "Dad's home, party's over"


Or: "Hey! Those poor people are playing in our sandbox using our own shovels and buckets. That's not fair!"

They can afford to tank the market for a while, if only to 'teach' the lesson that poor stay poor
 
2021-02-25 3:04:37 PM  

End_Of_Line: gyruss: I am Tom Joad's Complete Lack of Surprise: "Oh, right; Dems in control: time to crash the market."

More like "Dad's home, party's over"

Or: "Hey! Those poor people are playing in our sandbox using our own shovels and buckets. That's not fair!"

They can afford to tank the market for a while, if only to 'teach' the lesson that poor stay poor


Need to hack the platforms they use to talk shiat about their low rent customers.
 
2021-02-25 3:07:35 PM  
This is the part of the game in Liar's Poker where you have to show the actual serial number on the bill.  Valuations have far outstripped reality for some time now.
 
2021-02-25 3:24:32 PM  

I am Tom Joad's Complete Lack of Surprise: "Oh, right; Dems in control: time to crash the market."


nope.  the smart money is figuring out America is diminishing.  Now we just have the bust-pseudo recovery cycles that will become more frequent and more severe.

\if a thing can't go on forever it won't.
 
2021-02-25 3:38:59 PM  
Printing money leads to inflation.  This is news to some people.
 
2021-02-25 3:40:53 PM  
Marketwatch? Really?

Next thing you'll tell me I should listen to the moonie times
 
2021-02-25 3:51:31 PM  

Marcus Aurelius: Printing money leads to inflation.  This is news to some people.


The US could use some inflation besides in housing values. A few years of 3-4% yearly inflation in goods and wages would an overall good for the US. Besides the Fed checkbook will always cover their purchases of T-bills.
 
2021-02-25 5:03:59 PM  
Guise,

I'm just back from the market......

It's a little messy!!!

images-na.ssl-images-amazon.comView Full Size
 
2021-02-25 5:15:36 PM  

NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months


I never understand when people cheer for market downturns.
 
2021-02-25 5:51:42 PM  

Troy McClure: NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months

I never understand when people cheer for market downturns.


Eh, it's one of the few times people get to see the big players go down.
Nevermind the little people also get hammered.
Stigginit is a hell of a drug, no matter who's dosing.

/ Also creates a buying opportunity for those of us late to the market and heavy in cash...
// Are slashies a post-script or a forth-wall break?
/// Always in threes, regardless
 
2021-02-25 6:20:01 PM  

overzelus: Troy McClure: NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months

I never understand when people cheer for market downturns.

Eh, it's one of the few times people get to see the big players go down.
Nevermind the little people also get hammered.
Stigginit is a hell of a drug, no matter who's dosing.

/ Also creates a buying opportunity for those of us late to the market and heavy in cash...
// Are slashies a post-script or a forth-wall break?
/// Always in threes, regardless


The little people lose jobs, get forced into bankruptcy, and lose their homes. No matter how much some big players might seem to suffer, it's never as much as the little guy.
 
2021-02-25 6:21:07 PM  

Troy McClure: NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months

I never understand when people cheer for market downturns.


Nevermind the people who play the downside, but even if you're long-only, buying a dip is a more comfortable position to be in than say, buying practically anything in the NASDAQ 100 since March. Sky-high market caps signify that the market is beholden to wild speculation, and fundamentals have gone out the window. You can't really say with any degree of accuracy when the irrational exuberance stops, but you can't really trust it to keep on.

Plus buying on the dips doesn't raise your average cost basis as much, so it's always a good time to go in, even if you're occasionally wrong on how far the dip dips.
 
2021-02-25 7:13:03 PM  

Troy McClure: overzelus: Troy McClure: NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months

I never understand when people cheer for market downturns.

Eh, it's one of the few times people get to see the big players go down.
Nevermind the little people also get hammered.
Stigginit is a hell of a drug, no matter who's dosing.

/ Also creates a buying opportunity for those of us late to the market and heavy in cash...
// Are slashies a post-script or a forth-wall break?
/// Always in threes, regardless

The little people lose jobs, get forced into bankruptcy, and lose their homes. No matter how much some big players might seem to suffer, it's never as much as the little guy.


Everyone wishes for the French Revolution and bringing in the Guillotine but they forgot just how many commoners got slaughtered.
 
2021-02-25 7:27:36 PM  

zeroman987: Marketwatch? Really?

Next thing you'll tell me I should listen to the moonie times


Got nothing...

/tried to get an image of Chicken Little to post and call him Marketwatch's editor.
//instead got little chicken sandwiches
///now I got the munchies
 
2021-02-26 8:41:42 AM  

Fano: Troy McClure: overzelus: Troy McClure: NewWorldDan: Moved all of my high risk stuff to cash.  Worst case scenario, I buy it back in a couple weeks and pay some capital gains next year.

/please be a major "correction"
//equities have been massively overvalued for the last few months

I never understand when people cheer for market downturns.

Eh, it's one of the few times people get to see the big players go down.
Nevermind the little people also get hammered.
Stigginit is a hell of a drug, no matter who's dosing.

/ Also creates a buying opportunity for those of us late to the market and heavy in cash...
// Are slashies a post-script or a forth-wall break?
/// Always in threes, regardless

The little people lose jobs, get forced into bankruptcy, and lose their homes. No matter how much some big players might seem to suffer, it's never as much as the little guy.

Everyone wishes for the French Revolution and bringing in the Guillotine but they forgot just how many commoners got slaughtered.


Le terror comes for thee and me.
 
2021-02-26 9:39:38 AM  

I am Tom Joad's Complete Lack of Surprise: "Oh, right; Dems in control: time to crash the market."


Maybe subby hasn't been paying attention.  Trump threatened Powell some two years ago to lower rates even though the economy was recovering because Stonks and Trump wanted to refinance his personal business debt.
When covid hit, Powell and others nationalized the swap market, we have been issuing close to $10 trillion in loans a month to keep rates at or below 1% through central planning.  Trump literally said 0.75% and fark the free market. Investors haven't been interested in treasuries much since he did that so Powell has been buying hundreds of billions of bonds at 0.75% a month for what, 2 years now?  It's borderline communism, and is absolutely picking winners and losers.
The natural rate is likely higher than 5%.  The wealthy despise the free market.  They like government guarantees on their wealth and exclusive access to cheap foreign slave labor and friendly government officials to bust unions and slowly abolish wealth taxes.
 
2021-02-26 11:04:02 AM  
Threatened him how?
 
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