The Nation's Financial Condition

[6ftstick]

Nothing to see here, just good news on housing starts.

https://www.marketwatch.com/story/housi ... latestnews

Housing starts gain steam as builders ramp up construction despite pandemic

Another sad day for Democrats?

Because the sensible folks are fleeing the chaos and danger of democrat run cities

Or the idiocy of places like Asheville who voted to pay reparations.

[Farfromgeneva]

Are you guys in a room 69-ing each other this morning?

[Peter Brown]

Nothing to see here, just good news on housing starts.

https://www.marketwatch.com/story/housi ... latestnews

Housing starts gain steam as builders ramp up construction despite pandemic

Another sad day for Democrats?

Because the sensible folks are fleeing the chaos and danger of democrat run cities

Or the idiocy of places like Asheville who voted to pay reparations.

These cities will reap what they sow. The sad part is some truly innocent people will lose their lives all because some Democratic politicians pandered to the woke aggrieved class of the Democratic Party.

It's already happened here:

https://www.baltimoresun.com/news/crime ... story.html

[a fan]

Nothing to see here, just good news on housing starts.

https://www.marketwatch.com/story/housi ... latestnews

Housing starts gain steam as builders ramp up construction despite pandemic

Another sad day for Democrats?

Because the sensible folks are fleeing the chaos and danger of democrat run cities

Or the idiocy of places like Asheville who voted to pay reparations.

Another good day for you two socialists. Trillions in bailouts and handouts are why the economy is holding together. Big Government.

How many of those housing starts are originated from Big Government programs, fellas? It's now north of 60%.

Something you two Gents are supposed to be against. Socialism is bad, remember? Handouts are bad, remember? -----and yet your both cheering Big Government spending, and Big Government takeover of free markets. It's sooooo ridiculous.

[Typical Lax Dad]

Nothing to see here, just good news on housing starts.

https://www.marketwatch.com/story/housi ... latestnews

Housing starts gain steam as builders ramp up construction despite pandemic

Another sad day for Democrats?

Because the sensible folks are fleeing the chaos and danger of democrat run cities

Or the idiocy of places like Asheville who voted to pay reparations.

Another good day for you two socialists. Trillions in bailouts and handouts are why the economy is holding together. Big Government.

How many of those housing starts are originated from Big Government programs, fellas? It's now north of 60%.

Something you two Gents are supposed to be against. Socialism is bad, remember? Handouts are bad, remember? -----and yet your both cheering Big Government spending, and Big Government takeover of free markets. It's sooooo ridiculous.

Don’t forget government telling corporations where and with whom they should be doing business.

[youthathletics]

Nothing to see here, just good news on housing starts.

https://www.marketwatch.com/story/housi ... latestnews

Housing starts gain steam as builders ramp up construction despite pandemic

Another sad day for Democrats?

Because the sensible folks are fleeing the chaos and danger of democrat run cities

Or the idiocy of places like Asheville who voted to pay reparations.

Another good day for you two socialists. Trillions in bailouts and handouts are why the economy is holding together. Big Government.

How many of those housing starts are originated from Big Government programs, fellas? It's now north of 60%.

Something you two Gents are supposed to be against. Socialism is bad, remember? Handouts are bad, remember? -----and yet your both cheering Big Government spending, and Big Government takeover of free markets. It's sooooo ridiculous.

We are all getting played and Trump is on it;

For those that hate him...he is giving the left dang near everything it wants
For those that love him....he is doing just enough to keep pushing the snake oil.

[CU88]

Just another form of LOOTING

Nearly a third of more than 40 large companies seeking U.S. bankruptcy protection during the coronavirus pandemic awarded bonuses to executives within a month of filing their cases, according to a Reuters analysis of securities filings and court records.

https://www.reuters.com/article/us-heal ... SKCN24I1EE

[Farfromgeneva]

Vix down nearly 5% today and trending down almost linear fashion. Summer this often happens but seems like selling vol out through Q3 makes sense

http://www.cboe.com/vix

[Farfromgeneva]

Equal weighted S&P YTD down 8.8%, S&P as built by market capitalization is flat on the year. Speaks to the breadth of the activity last 3 months.

https://www.spglobal.com/spdji/en/indic ... /#overview

[youthathletics]

Well I suppose that is a good thing...we avoided a crash without a pandemic to blame. Since most people said the market was inflated anyway and that we were headed for a major recession. CV-19 may have very helped us clean our own house.

[Peter Brown]

Sorry to keep depressing the Dems here, but the Dow is almost at 27,000 again.

In the midst of a global pandemic.

With half the country closed.

With no one traveling.

27,000. What do you think it's gonna be when the vaccine is announced? 40,000?

The tears must be constant by now.

[CU88]

The number of unemployed Americans is currently at 17,800,000.

July 8, 2020 The federal budget deficit was $2.7 trillion in the first nine months of fiscal year 2020, CBO estimates, $2.0 trillion more than the deficit recorded during the same period last year.

MAGA

[a fan]

Sorry to keep depressing the Dems here, but the Dow is almost at 27,000 again.
.

Who do you think has more money in the market, Pete?

TrumpFans?

Or those Dems you keep telling us are indoctrinated at the best Universities in America?

Take a wild guess, Pete. I'll give you a hint. My wife's liberal buddies all have at least one Master's Degree. To a person.

Americans with PostGrad Degrees? 85% own Stock. College grads? 77% own stock.

No College? Only 33% own Stock.


The libs you fear so much are flourishing, Pete. When the market goes up? The libs put down a downpayment on yet another vacation home. TrumpNation? Falling further behind, just as they did with Obama, Bush, Clinton, Bush, and Reagan.....

I know you don't care about your fellow Trumpsters, but that's the score.

[a fan]

The number of unemployed Americans is currently at 17,800,000.

Pete thinks this means incumbents are all set this November. Don't you get it? Voters want MORE of this awesomeness.

July 8, 2020 The federal budget deficit was $2.7 trillion in the first nine months of fiscal year 2020, CBO estimates, $2.0 trillion more than the deficit recorded during the same period last year.

Big government and socialism is the only thing keeping America afloat. Pete knows this, of course. He's just trying desperately to act like he doesn't know that.

[Peter Brown]

Sorry to keep depressing the Dems here, but the Dow is almost at 27,000 again.
.

Who do you think has more money in the market, Pete?

TrumpFans?

Or those Dems you keep telling us are indoctrinated at the best Universities in America?

Take a wild guess, Pete. I'll give you a hint. My wife's liberal buddies all have at least one Master's Degree. To a person.

Americans with PostGrad Degrees? 85% own Stock. College grads? 77% own stock.

No College? Only 33% own Stock.


The libs you fear so much are flourishing, Pete. When the market goes up? The libs put down a downpayment on yet another vacation home. TrumpNation? Falling further behind, just as they did with Obama, Bush, Clinton, Bush, and Reagan.....

I know you don't care about your fellow Trumpsters, but that's the score.

Liberals with masters degrees. Argh. Not my crowd.

[a fan]

Sure it is. You service the rich, MBA types---and their trust fund kids---- with private planes, do you not?

Nice that you conceded the point, though.

[Nigel]

Equal weighted S&P YTD down 8.8%, S&P as built by market capitalization is flat on the year. Speaks to the breadth of the activity last 3 months.

https://www.spglobal.com/spdji/en/indic ... /#overview

SP500 breadth for last 35 years. Current concentration at historical highs. Technology in the driver's seat, the passenger's seat, and most of the back seat too.

[Farfromgeneva]

Algorithms and dominance of major passive investors (is BlackRock and Pimco). What worries me is like a Hf carry trade such as borrow yen and get carry on US Treasuries that the other side is nasty when it happens.

[CU88]

Is the current market situation partially driven by "Fear Of Missing Out"?

[Peter Brown]

Sure it is. You service the rich, MBA types---and their trust fund kids---- with private planes, do you not?

Nice that you conceded the point, though.

The vast majority of Private Jet owners are self made entrepreneurs (not many liberals btw). Don’t confuse those people with people who can afford Wheels Up.