While Comcast is a good investment financially, their reputation for service quality lead them to change their name, at least in my area. That tells the other side of the story.
It certainly seems that these projections are a bit optomistic, since presently there is no vaccine available and none truly in sight. Thus all guesses that there will be a recovery look to be based on "Happy Thoughts" instead of reality. So far the weapons against this plague only slow the progress, they do not stop or reverse the advance of it.
Thus the future does not look like recovery yet.
That will change if a vaccine is found, and the creators do not act like hungry vultures as they set pricing. So far it looks like the one supplier of some useful medication is doing exactly that! $520 per dose seems a bit much.
At the same time that many workers producing the goods that are to be purchased are out of work, the fed wants to pump billions into the economy. That will certainly result in higher prices., more commonly called inflation. Inflation is bad for everybody whose income is not adjusted for inflation. And that is most folks outside of the financial sector. So the rest of the folks get to chase fewer goods with less money while the prices get bid upward. That does not sound at all like fun.
Given that the present situation with the plague rampant is quite different from the past decades, is it really likely that past performance will be able to accurately predict future performance?
Even in "the best of times" we are constantly reminded that the opposite is true.
Even after some vaccine that is effective is found it will be over a year before it can be used in meaningful amounts, thanks to FDA requirements. So any claims that the plague is ending are vastly premature.
So the really bad news is that half of the world's population could die. Will this have a negative effect on the stock market? At that point will anybody be left to care?
Certainly all of the markets will take a lot to recover, and the fed pumping lots of money in can not help but fuel inflation, which is the enemy of value.
It does not matter how good the intentions are, making the wrong moves will cause damage. And printing money by the train[load is certainly a wrong move for most folks.
Diluting the value of what wealth I have works to destroy the value of what each dollar can purchase, and thus it does not deliver any benefit to me. Why is that so hard for some to see??? Runaway inflation does not benefit most people at all, quite the opposite.
Certainly the whole concept of the Federal Reserve Bank is suspect. Certainly at times it appears to be saving the nation, while few admit that the problems we are saved from were created by the same entity. More unfortunately, it does not seem like the damage done can be repaired, or even slowed, without a lot of really intense pain for a lot of folks who had nothing to do with causing the problem.
AN Interesting comparison. The fact is that sometimes some people can make a string of good choices and benefit quite a bit. Warren Buffet is one such example. And, of course, some folks have a longer string of good choices than others do. That is the way reality works.
The manipulation of the amount of available money for the benefit of some group is not new, The willingness of those in control to do things to benefit their "friends" while telling stories of how it is needed to benefit the rest of the population is not new either. Certainly the price of gold as a more stable form of wealth makes sense whenever the credibility of the USD suffers a bit. So it looks more like the price of gold is a secondary effect of other things, rather than a direct result of "secret actions by unknown persons."
The fast rise on the first day can certainly be explained in part by the market being driven by emotions. Certainly that drive is obvious to many, and just because it is not rational does not mean it is not real. Probably there does exist a reason for some benefit from the partnership based on the instances referenced, so some optimism is reasonable. And some folks are over emotional.
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Daily Stock Pick: Comcast (CMCSA)
While Comcast is a good investment financially, their reputation for service quality lead them to change their name, at least in my area. That tells the other side of the story.
IMF's Gloomy Global Economic Projections
It certainly seems that these projections are a bit optomistic, since presently there is no vaccine available and none truly in sight. Thus all guesses that there will be a recovery look to be based on "Happy Thoughts" instead of reality. So far the weapons against this plague only slow the progress, they do not stop or reverse the advance of it.
Thus the future does not look like recovery yet.
That will change if a vaccine is found, and the creators do not act like hungry vultures as they set pricing. So far it looks like the one supplier of some useful medication is doing exactly that! $520 per dose seems a bit much.
The Fed Needs To Deploy Digital Dollars To Support Recovery
At the same time that many workers producing the goods that are to be purchased are out of work, the fed wants to pump billions into the economy. That will certainly result in higher prices., more commonly called inflation. Inflation is bad for everybody whose income is not adjusted for inflation. And that is most folks outside of the financial sector. So the rest of the folks get to chase fewer goods with less money while the prices get bid upward. That does not sound at all like fun.
Technical Market Report For June 27
Given that the present situation with the plague rampant is quite different from the past decades, is it really likely that past performance will be able to accurately predict future performance?
Even in "the best of times" we are constantly reminded that the opposite is true.
Volatile Week For Coronavirus Stocks: COVID Vaccines Are In Focus
Even after some vaccine that is effective is found it will be over a year before it can be used in meaningful amounts, thanks to FDA requirements. So any claims that the plague is ending are vastly premature.
So the really bad news is that half of the world's population could die. Will this have a negative effect on the stock market? At that point will anybody be left to care?
We Are Trapped In A Phase Of Major Unknowns
Certainly all of the markets will take a lot to recover, and the fed pumping lots of money in can not help but fuel inflation, which is the enemy of value.
It does not matter how good the intentions are, making the wrong moves will cause damage. And printing money by the train[load is certainly a wrong move for most folks.
Diluting the value of what wealth I have works to destroy the value of what each dollar can purchase, and thus it does not deliver any benefit to me. Why is that so hard for some to see??? Runaway inflation does not benefit most people at all, quite the opposite.
A Quarter Of All Personal Income In The US Now Comes From The Government
Certainly the whole concept of the Federal Reserve Bank is suspect. Certainly at times it appears to be saving the nation, while few admit that the problems we are saved from were created by the same entity. More unfortunately, it does not seem like the damage done can be repaired, or even slowed, without a lot of really intense pain for a lot of folks who had nothing to do with causing the problem.
Is Billionaire Buffett Going Downhill?
AN Interesting comparison. The fact is that sometimes some people can make a string of good choices and benefit quite a bit. Warren Buffet is one such example. And, of course, some folks have a longer string of good choices than others do. That is the way reality works.
Gold Market Manipulation And The Federal Reserve
The manipulation of the amount of available money for the benefit of some group is not new, The willingness of those in control to do things to benefit their "friends" while telling stories of how it is needed to benefit the rest of the population is not new either. Certainly the price of gold as a more stable form of wealth makes sense whenever the credibility of the USD suffers a bit. So it looks more like the price of gold is a secondary effect of other things, rather than a direct result of "secret actions by unknown persons."
The Gap - Inside The Landmark West Deal
The fast rise on the first day can certainly be explained in part by the market being driven by emotions. Certainly that drive is obvious to many, and just because it is not rational does not mean it is not real. Probably there does exist a reason for some benefit from the partnership based on the instances referenced, so some optimism is reasonable. And some folks are over emotional.