Meh. That'll straighten back out and rise. He cut the fed rate in half, after everything simmers down over the next day or two we'll see it grow again.
Not here. I can't afford it, but I do like to watch it everyday. I'm just a middle class guy who works 45 to 50 hours a week.
Except that gastrointestinal problems seem to be very rare with the coronavirus. I have no doubt that all these bodily fluids contain the virus, but since they are not produced in infected people, they are probably not a major source of transmission. My point is that people get grossed out by public toilets. However, they are not really a source for disease transmission. I think Mythbusters did once a show on this, showing that many objects we touch daily but don't worry about them are dirtier than toilet seats. What is much worse, for example, is have your toothbrush in your own bathroom at home close to the toilet seat. Every time you flush after number 2, you get fecal matter onto your toothbrush. Now, imagine if someone else is sick in your house, how easily it can spread. That's one reason why I don't share toothpaste with my kids. One less possibility of transmission.
I honestly fail to see how slashing interest rates, along with 'printing' enormous amounts of extra billions of imaginary dollars as they've done constantly since the 'repo' crisis started last September, is going to help ANYTHING.... It sure as hell isn't going to stop the spread of the Corona virus, or the disruptions to international supply-chains.... One thing the Fed is doing is creating the certainty that Americans, who have already just created the largest amount of household debt in HISTORY, will go right on doing the same -- buying tons of crap they can't really afford... so, they have to buy it on 'credit'.... From every economic standpoint I've ever heard of, that is NOT healthy at all, and in fact, it's potentially very dangerous! But, oh, the other thing the Fed will accomplish (with Trump cheering it on all the way) will be people closing out their savings accounts in banks, S&L's, and credit unions throughout the country. If interest rates on borrowed money don't even come CLOSE to what they should be versus the very DEMAND for credit, itself, then why should anybody keep money in any of these institutions...? This whole thing is tragically screwed-up! It began with the 'Fed' rescuing those irresponsible creep bastards that it thought were 'too-big-to-fail' back in 2008, and so the stock market's been on 'training-wheels' and Fed-provided 'life-support' ever since. Now, twelve years later, we've got a monstrously overvalued stock market, and it's at its most bloated condition ever just when the spread of a new, disruptive disease hits the whole world. Is that a "perfect storm"...?
Err, yes it does! Higher percentage returns means you get back more for your money no matter what you started with.This is junior school arithmetic! Let's make it simple. You have $100,000. Consider Steve who spends his $100,000 on share priced $7500 each. The share price goes up 73% to $12,975 and Steve sell. He will receive $173,000 Now consider John who spends his $100,000 on shares priced $16516 each. The share price goes up 61% to $26,590 and John sells. He will receive $161,000 So who made the most money?. Going by your logic it is John because the value of each of his shares went up $10,074 whereas the value of each share that Steve had only went up $5,295 Perhaps you can see why I've used those share price values, The actual returns for month 38 is Obama 65%, Trump 34% return on shares so I was very generous to Trump on figures I used above
But Obama started from the pit of a serious recession, Trump started from what Obama fans say was a good point.
Context. Look at the DJIA 5 year chart, specifically 11/16. The market started taking off then after being flat for a year, due to the expectation of lower taxes and regulation, which is what happened.
What has context got to do with who would have made the most money when investing in the first 38 months of Obama's presidency compared to how much money would have been made over the first 38 months of Trump's presidency?
Obama was nothing but a 'house pet' for the Federal Reserve central bank... just like "W" Bush was. Neither of them did ANYTHING for the economy except to get out of the way and let the Fed rescue those it thought were "too big to fail", while they destroyed people's savings accounts with near-zero interest rates, and flooding the world with newly-'printed' imaginary money. Obama knew more about basketball than he ever did about the U. S. economy, and that's how the Fed wanted it -- with Obama entirely OUT of their way....
they gave home loans to those who couldn't afford to pay them back, then gave loans to the people who gave those loans. this is fubar https://en.wikipedia.org/wiki/List_of_military_slang_terms
w bush did get those countries to trade oil in American money, but obama did ruin America with kenyan economics https://en.wikipedia.org/wiki/Keynesian_economics
Interesting, but IMO, we have a economic system based on the consumer, who are once again running out of cash and credit. My concern is we will evolve into a generally smaller economy composed of the rich and poor and that under such conditions will no longer be able to sustain the institutions of our democratic-republic.
Too busy and too tired tonight to argue. I don't agree. I'm only going to leave you with an article I do mostly agree with. https://www.nationalreview.com/exchequer/70-percent-myth-consumer-economy-kevin-d-williamson/
I said start a business bank rolling it yourself. if you have actually had to do that, you would not be making the comments that you do.
Where do you think the money to pay the students is coming from? Not from the university. I have to get the funding through competitive grants. Running an academic research lab is somewhat like running a small business. Your products are research papers (knowledge) and patents. No product -> no funding -> let go of the students -> shut down the lab.
Meh... can't really give "W" Bush credit for oil being traded in U. S. Dollars. Worldwide, oil has been quoted and sold in U. S. Dollars since as far back as I can remember -- way before "W" Bush, and maybe all the way back to the Bretton Woods Agreement in 1944 (even I wasn't alive way back then.... ). Obama? He was merely the politically-correct, racially-correct hand puppet that the insiders at the Fed used to shovel out welfare to the unhappy American masses, while the Fed toiled away, year after year, undermining and sabotaging every principle of a free-market economy!
The variance in returns is just too high right now. It's probably the reason so many investors are looking to US treasuries right now.
grants for which you apply it's not your own $$$ from your own earnings/savings and then you have to actually develop something on time/budget and get people/companies to purchase huge difference