mikeman

You too have a good day sir.

Jesus, what are you eating at mcdonalds that costs $18?

4 more dead today.

Dow futures completely reversed, now up, you're completely out of touch. I found the briefing to be extremely informative, with Trumps part being particularly inspirational.

Zero chance he was fired.

Yup, he also needs to shutdown fake news, and finally outlaw the democratic party. Drastic times call for drastic measures.

No crazieness here, toilet paper, ramen, pretty much everything was available.

Probably, i just hope we dont get there in a couple days. Things should bottom in a couple months, virus wise , market wise, and doom and gloom wise.

Well, i succumbed to the panic, just went out and bought 1 more pack of toilet paper(4 rolls), and 1 can of pringles potato chips. I'm all set.

What they're doing is idiotic, they are now going to get 40-50% less for their oil, so their revenues drop by half, instead of cutting 1/2 million bbls a day from production which would have cut their revenues by 5-7%. Plus any damage to the frackers will be temporary, when this ends and the price comes back, so will the fracking.

Only Trump can save us and the world.

We all know what they're called, no one calls them people of color.

They showed pics from Italy, word of the quarantine leaked out hours before, there was a massive run for the train stations, etc, as everyone who could scattered around italy and presumably the rest of europe. The horse is out of the barn.

Poor Runny, totally insane.

We tried to help you man, they pushed the lose button on you.

I'm not holding out for anything, we made a bet and I offered him a slight break out of pity and good will. Time is running out on my offer Ted.

How is corona playing out? What do you mean regarding trump? Is he too optimistic? I dont like his silly statements about keeping that ship offshore to keep our "numbers" low, to me that's nuts, there are going to be millions of infections this year, arguing about an extra 20-30 here or there is pointless. The bottom line is no one reacts till it's too late, WA didn't lock down, NY isn't now, plenty of bad decisions to go around, Most of the people here think the virus is a joke, yet they bitch about Trump trying to minimize panic.

Ok, so cut to zero, then follow that up with QE, I dont care, I just think it's crazy.

No one in their right mind bets real money with a stiff(by historical record), those people that were stiffed can do what they want, up till now they have said almost nothing. He didn't get fired, we all know that., he doesn't want to pay.

You're not looking at what's really happening. 3 weeks ago the market was at an all time high, only 1 thing happened, the virus is the problem, until you solve that(or it runs it's course), everything else is silly distractions.

The only real solution is to grant Trump unprecedented powers to rule by decree.

That's not what I'm saying, they will help, a teeny, tiny amount., Not worth it IMO considering rates are near zero. In a month most of the US economy will be shut down, cutting interest rates now will have zero effect on that, NONE.

Biden will die from the virus, Trump will cancel the elections, and we'll all live happily ever after.

Utterly ridiculous sir. Talking about the benefit to consumers by refinancing is like talking about all the savings consumers will get from lower gas prices, it's nice, and somewhat meaningful(to consumers), but it wont amount to a hill of beans. When the virus panic subsides, and it will, things will recover. The only reason the oil market is in chaos is because of the demand shock from the virus.

That'll be a good buying opportunity huh? I cant think of anything less interesting than talking about domestic politics when oil prices and the stock market are crashing. They are not linked in any way, we could have 2 million dead, and the market at 15K by election day, and Trump could still win.