Brownslave688
You want a toe? I can get you a toe.
Actually his theory was based on some semblance of economic fact.
Your theory was based off of hey I think it’ll go gangbusters. Not exactly much to back that up.
401k returns
- Thread starter Joshm
- Start date
Your theory was based off of hey I think it’ll go gangbusters. Not exactly much to back that up.
M
MenInBrown
Guest
Heat effects how easily it can be transmitted. Also New Zealand’s temp right now is cool, not hot. Long periods of warm moist air will kill the virus.
Up In Smoke
Well-Known Member
New Zealand's average highest temperatures occur between January and April. I haven't seen any information regarding the humidity during this period. Today's humidity is 82%.
burrheadd
KING Of GIFS
Up In Smoke
Well-Known Member
Let's remember this is a three legged monster we are dealing with. The stock market was over priced, a global oil war and coronavirus. So the Fed is emptying every chamber trying to settle down the markets and supply a backboard for all businesses large and small. The government is trying to pass bills that help people affected by the virus, but have not yet dealt with the oil war. We enjoy the $.50 per gallon discount, but the oil companies are tied to the banks. As oil companies begin to fail (much like mortgage backed securities did) the banks get drug down with them. I believe we are in the 1st inning of this financial ballgame. I keep hearing this phrase "you can't stimulate demand".
Maple Grove MN Driver
Cocaine Mang!
Please link your source for this information.
olroadbeech
Happy Verified UPSer
not much front page news about the oil war. russia and the saudis are trying to do something here.......this is a new kind of "war"
MyTripisCut
Never bought my own handtruck
Lol
wilberforce15
Well-Known Member
I was 50% cash and 50% treasuries. I got out of the market last year. This has been a very good year.
Time to jump back in with everything and then some when the DOW gets to 16-17k.
Time to jump back in with everything and then some when the DOW gets to 16-17k.
ManInBrown
Well-Known Member
Yup. No time to get out now. I’m 100% stock market. Took an absolute beating. Too late to jump. No choice but to go down with the ship.
olroadbeech
Happy Verified UPSer
agree .
It's gonna get worse before it gets better but I am already seeing some minor positives in my town at least.
mostly trucks on the highways so the truckers are still going. went to 2 stores today and they were about 80-90% stocked. no problems there.
seems like people are starting to relax a little. not sure for how long. depends if the supply chain can keep up and running for the next several months without delays.
these shut downs are already proven to work as long as people cooperate. sure there will be some pain for everyone. no one knows how long. read on MSN that the last major stock market downturn took 10 years to recover fully.
i don't remember it taking that long. the stimulous packages helped quickly and it seemed like only a couple years. I was working all the time in feeder and was never laid off like I was after the 97 strike.
El Correcto
god is dead
They probably just blew all their money on a toilet paper and $5 packs of water.
Package Stick
"Send it."
Americans will soon be able to take penalty-free withdrawals from their 401(k)s, but experts say think twice about using retirement savings
There it is boys.
I just wish I had more puts, this market is going to be
ED. And guess who will start buying after people stop selling... This game is rigged.
There it is boys.
I just wish I had more puts, this market is going to be
ED. And guess who will start buying after people stop selling... This game is rigged.
Brownslave688
You want a toe? I can get you a toe.
I mean it is rigged but if you know what to do you can make big money also.Americans will soon be able to take penalty-free withdrawals from their 401(k)s, but experts say think twice about using retirement savings
There it is boys.
I just wish I had more puts, this market is going to be
But yeah like I said above how gracious of them to allow the little man to pull his money out penalty free while the market tanks. Then guess who buys it up low and makes bank.
Package Stick
"Send it."
THEM. How is this alright?? Trump cut the ing corporate tax rate to 21.00% yet, companies spent it on share buybacks and "golden parachutes". Is this what America wanted? To be ed?I wanted to be wrong: "However, seriously you guys should anticipate a decline in hours in the coming months IF Coronavirus takes hold. A recession benefits UPS and should be seen as such, people will ALWAYS need
moved. This company will find a way to make money even if only one person is alive."Here's the recession, next is the depression.
They're cutting hours at my Hub for everyone.
Poop Head
Judge me.
Jews
Brownslave688
You want a toe? I can get you a toe.
I am by no means a Democrat because I promise they don’t have our best interest in mind either but yes this is total BS
I wanted to be wrong: "However, seriously you guys should anticipate a decline in hours in the coming months IF Coronavirus takes hold. A recession benefits UPS and should be seen as such, people will ALWAYS need
Here's the recession, next is the depression.
They're cutting hours at my Hub for everyone.
Guess what all of these companies should do. Liquidate assets. Sell some of the millions in stock they bought back. Spend the billions in cash they have. Take out loans at record low rates. All of that is acceptable.
Instead they get a massive hand out.
DriveInDriveOut
Inordinately Right
In most cases the handout is a loan, that most likely will be paid back.
I would think selling assets or stock would make this recession much worse. And I doubt many have cash, didn't we already have a corporate bond problem.
It would be a mistake of a lifetime taking money out right nowAmericans will soon be able to take penalty-free withdrawals from their 401(k)s, but experts say think twice about using retirement savings
There it is boys.
I just wish I had more puts, this market is going to be
