dev-ns8

Based on your opinion, you think productivity will slow and inflation will rise (regardless of cause) that is the definition of stagflation and by definition bad for the economy, bad for equities. Given these two things, higher inflation lower productivity, we would expect to see the price of equities go lower.

Also side note which is interesting, but not entirely sure how it effects things.

This article hints that the Fed might be moving to a longer term asset purchase plan

https://www.morningstar.com/news/dow-jones/2020031215079/fed...

I agree. I think I'll be adding to my shorts here. I'd still be very interested in hearing a real experts opinion on what this QE move does to inflation.

Speculation on my part as I still don’t fully grok repo markets and only have a vague sense of how the treasuries market impacts equities but I’ll continue.

I see some people saying this should alleviate some of the losses incurred by the recent market crash. I however, don’t see how that is the case. To me this seems like a move from the fed to make sure we don’t enter into a liquidity crisis which doesn’t necessarily do anything to signify substantial move upwards in equities. Sure, the fact that investors and traders can now be fairly confident we won’t hit a liquidity crunch and therefore kill some fear in the market, but was that the biggest factor causing the fear and selling in the first place?

My understanding was the selling, and rightfully so, comes from the affects of CoVid. Travel bans, event bans, trade bans, lower consumer activity, etc. I don’t see how injecting capital into the treasuries market alleviates any of these factors.

If anything I think this would cause equity markets to sell off more in the mid to long term knowing that the fed had to do this to keep shops open and liquidity available to those that need it (I'm talking to you banks). On top of this factor, this move by the fed surely will push inflation higher and I would assume production would slow given all the virus affects mentioned above. This puts our economy in stagflation which has a lot of the hallmarks of a recession...

Actually not true. This is the first time ever these circuit breakers were triggered during regular trading hours. Even still, on election night, stock futures were only under the 'limit-down rule'. You could have still been buying futures while that restriction was in place, so this is very much different and unprecedented

OB1 errror, sorry. Actually 9, one slots null

This comment, along with another on this thread and finally by a few statements from a friend made me want to pursue writing a server app to help with this endeavor. I always say Ok I'm going to start writing and introspecting on my life, but always quit shortly thereafter. My plan is to have a server run cron jobs to text / email me to help facilitate this writing and introspection

Link to Ray Dalio write-up?

As a fellow Michigander, it baffles me that Pyramid Point was picked here too. Especially given all of the trails in the Upper Peninsula and the Huron Mountains.

While in Thailand, I never once heard someone pronounce it as "pod", always Pad Thai

I think you could argue that this very battle was lost far before the 90s... Advertisers and marketers have been exploiting and targeting the mediums in which most consumers paid their attention too long before the Internet was around. Inevitably the Internet was going to have ads seep in because it garnered the majority of consumer attention

Is anything in this economic system "free" ?