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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Whew!

Whew!

Scheduled Pinned Locked Moved General Discussion
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  • J Offline
    J Offline
    jon-nyc
    wrote on 6 Jul 2020, 21:34 last edited by
    #3

    Six months into this and they still think they can get by managing optics.

    "You never know what worse luck your bad luck has saved you from."
    -Cormac McCarthy

    1 Reply Last reply
    • D Offline
      D Offline
      Doctor Phibes
      wrote on 6 Jul 2020, 21:37 last edited by
      #4

      This is the same guy last February

      https://www.cnbc.com/2020/02/25/larry-kudlow-says-us-has-contained-the-coronavirus-and-the-economy-is-holding-up-nicely.html

      Fool me once....

      I was only joking

      1 Reply Last reply
      • J Offline
        J Offline
        jon-nyc
        wrote on 6 Jul 2020, 21:50 last edited by jon-nyc 7 Jun 2020, 21:52
        #5

        "I really think it's a pretty good situation."

        • Larry Kudlow, July 6th, 2020.

        Screen Shot 2020-07-06 at 10.27.59 AM.png

        "You never know what worse luck your bad luck has saved you from."
        -Cormac McCarthy

        A 1 Reply Last reply 6 Jul 2020, 22:10
        • J jon-nyc
          6 Jul 2020, 21:50

          "I really think it's a pretty good situation."

          • Larry Kudlow, July 6th, 2020.

          Screen Shot 2020-07-06 at 10.27.59 AM.png

          A Offline
          A Offline
          Axtremus
          wrote on 6 Jul 2020, 22:10 last edited by
          #6

          @jon-nyc said in Whew!:

          "I really think it's a pretty good situation."

          • Larry Kudlow, July 6th, 2020.

          If nothing else, the stock market agreed with him, at least for today.

          H 1 Reply Last reply 6 Jul 2020, 23:28
          • C Offline
            C Offline
            Copper
            wrote on 6 Jul 2020, 22:44 last edited by
            #7

            ![alt text](28d63a5b-b1b6-4930-a9d4-ff296c549748-image.png image url)

            https://ourworldindata.org/grapher/daily-tests-per-thousand-people-smoothed-7-day

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            • J Offline
              J Offline
              jon-nyc
              wrote on 6 Jul 2020, 22:46 last edited by
              #8

              If this were simply an artifact of increased testing we wouldn't see the positive test rate growing in step with the case count.

              "You never know what worse luck your bad luck has saved you from."
              -Cormac McCarthy

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              • D Offline
                D Offline
                Doctor Phibes
                wrote on 6 Jul 2020, 23:26 last edited by
                #9

                If you can't trust economists to analyse pandemic data, who can you trust?

                I was only joking

                M 1 Reply Last reply 7 Jul 2020, 00:30
                • A Axtremus
                  6 Jul 2020, 22:10

                  @jon-nyc said in Whew!:

                  "I really think it's a pretty good situation."

                  • Larry Kudlow, July 6th, 2020.

                  If nothing else, the stock market agreed with him, at least for today.

                  H Online
                  H Online
                  Horace
                  wrote on 6 Jul 2020, 23:28 last edited by
                  #10

                  @Axtremus said in Whew!:

                  @jon-nyc said in Whew!:

                  "I really think it's a pretty good situation."

                  • Larry Kudlow, July 6th, 2020.

                  If nothing else, the stock market agreed with him, at least for today.

                  With bonds yielding nothing, there is nowhere else for money to go. The stock market is only a good buy now because it's gotten comparatively more attractive.

                  Education is extremely important.

                  L 1 Reply Last reply 7 Jul 2020, 01:12
                  • D Doctor Phibes
                    6 Jul 2020, 23:26

                    If you can't trust economists to analyse pandemic data, who can you trust?

                    M Away
                    M Away
                    Mik
                    wrote on 7 Jul 2020, 00:30 last edited by
                    #11

                    @Doctor-Phibes said in Whew!:

                    If you can't trust economists to analyse pandemic data, who can you trust?

                    Anybody but economists. Wiccans. Democrats. Moonies. Whatever.

                    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                    1 Reply Last reply
                    • H Horace
                      6 Jul 2020, 23:28

                      @Axtremus said in Whew!:

                      @jon-nyc said in Whew!:

                      "I really think it's a pretty good situation."

                      • Larry Kudlow, July 6th, 2020.

                      If nothing else, the stock market agreed with him, at least for today.

                      With bonds yielding nothing, there is nowhere else for money to go. The stock market is only a good buy now because it's gotten comparatively more attractive.

                      L Offline
                      L Offline
                      Loki
                      wrote on 7 Jul 2020, 01:12 last edited by
                      #12

                      @Horace said in Whew!:

                      @Axtremus said in Whew!:

                      @jon-nyc said in Whew!:

                      "I really think it's a pretty good situation."

                      • Larry Kudlow, July 6th, 2020.

                      If nothing else, the stock market agreed with him, at least for today.

                      With bonds yielding nothing, there is nowhere else for money to go. The stock market is only a good buy now because it's gotten comparatively more attractive.

                      It’s a great point. So much cash too.

                      Both sides are playing a game of chicken with the analysis of Covid, one a scare monger and the other an unrepentant denier. Trouble is the scare monger could lose the game and still win the election. Bad move by the Trumpsters not to hedge unless they know it’s their only shot.

                      1 Reply Last reply
                      • L Offline
                        L Offline
                        LuFins Dad
                        wrote on 7 Jul 2020, 01:38 last edited by
                        #13

                        According to Fauci, we’re still in the first wave... https://www.nytimes.com/video/us/100000007226421/fauci-warned-we-are-still-knee-deep.html

                        The Brad

                        1 Reply Last reply
                        • J Offline
                          J Offline
                          jon-nyc
                          wrote on 7 Jul 2020, 01:42 last edited by
                          #14

                          I have sympathy for that view since the effective R never really got below 1.

                          But in most of the country we’re clearly in the second wave of reacting to it.

                          But really I don’t know how useful it is to fight over who gets to define ‘wave’.

                          "You never know what worse luck your bad luck has saved you from."
                          -Cormac McCarthy

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