
hornbri
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Posts posted by hornbri
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7 minutes ago, washparkhorn said:
Fed (Powell) yesterday - We will continue to use all of the tools we have deployed, but will not go to negative interest rates . . . yet.
Market this morning - no negative interest rates? Boo.
Market later in the morning - wait - the Fed just signaled yesterday they will continue using the printing press at warp speed. Buy, Buy, Buy.
Blackrock is the Fed's agent for their purchases, by the way.
Good luck. You are swimming with sharks. But as of right now, they have the spigots wide open trying to stave off deflationary gales battering the economy. Inflate or die.
I believe the whitehouse also indicated support for round 4 of stimulus around the time the market turned around.
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17 minutes ago, Storm the Field said:
LOL.
Aside from a few WSB inside jokes, this video is basically this thread.
That is pretty funny.
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1 hour ago, Fudge Nuggets said:
Market is going to finish green today.
Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Hope So!
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Catfish queso and sitting under the tree with a drink, good times.
Sad I never took my kids there.
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12 hours ago, Napoleon said:
During my Saturday night online poker game with high school friends/ our Fantasy Football league, we were chatting about the COVID stuff (not Vegas) and how various people care about the masks or don't care about the masks. How some people are social distancing all of ~2 feet. The guys tonight are based in Northern Jersey, Washington DC, Dallas, and LA.
The one in LA write/produces/directs documentaries and has another weekly poker night with some of his old Harvard suite mates and their prep school friends. They're based in NYC, SF Valley, and maybe wherever former ambassadors currently reside.
He was saying that the next peak will happen 45 days after things open back up, so around June 14th COVID deaths will be peaking again in the states that opened back up on May 1st. It looks like Vegas might not peak until ~June 22nd, because they waited an extra 8 days.
Vegas should basically go to outdoor/online gambling, because casinos really shouldn't be open again this year.This read like "My best friend's sister's boyfriend's brother's girlfriend heard from this guy who knows this kid who's going with the girl who heard.....at 31 flavors last night"
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Don't forget Bob Bullock
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7 minutes ago, BevoSwag said:
AS I recall it wasn't UT or aggy wanting to go to SEC so much as it was the the TEXAS LEGISLATURE that quashed any move away from SWC.
I dont think it was as much the legislature trying to quash the move to the SEC as it was that they did not want the other schools (Baylor and Tech specifically) left behind. At the time those alumni had very strong roles in Austin.
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21 hours ago, 0xdeadbeef said:
I'm hearing whispers and rumors coming out of a number of big tech companies about possible layoffs that are pointing toward catastrophically bad Q2 numbers. Maybe people are just speculating about what they think may happen but I'm getting concerned because I'm hearing things from a number of directions. Its feeling like there is going to be a huge number of white-collar professionals getting laid off very soon.
Between the Q2 results that are soon to start to be announced and a probable uptick COVid-19 in numbers due to re-openings, my spidy-sense is telling me to get out.
I am in this industry and am hearing the oppisitie, at least about the big tech companies. Those are looking to hire now, the tech industry is highly job competitive and there are some viewing this as a opportunity to hire talent that may have been laid off at smaller companies.
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1 hour ago, Aqua Buddha said:
This.
50% capacity for a restaurant doesn't work. Not even close. Also, you can open up everything 100% tomorrow and no one will go. There is zero public confidence and 30% unemployment.
I think everyone agrees a restaurant cannot make it on 50% capacity.
The question is will anyone go, and I think a lot of people are going to be itching to spend money and get out. We are already seeing it with the slightest hint of opening back up.
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10 minutes ago, ChiTownDoc said:
Holy shit, I fucking assume they're going to open at limited capacity. I deal with this shit every fucking day. I assumed no dumb motherfucker is assuming 'opening' means 100% capacity. STFU with 'moving the goalposts'. I live and breathe this shit every day.
what the fuck ever, you clearly were trying to say the economy is going to be shitty even when it's open because no one is going to be out spending money. You are not in the fucking covid thread you are in the stock market thread.
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Just now, ChiTownDoc said:
I'm saying as a physician, I just don't see how you properly socially distance and allow more than 50-60% capacity. I'm invested in a good chunk of restaurants. Most are just saying fuck it at 25% and even at 50% the idea is to only keep the carryout going so they can keep some key staff paid and employed but the entire waitstaff is furloughed and looks to be staying that way. Restaurants make small margins as it is - if they do make great margins it's often due to the bar portion of the restaurants which are closed for the foreseeable future.
You are moving the goal posts. What I was responding to is when you said " Then we have data that shows even when you open, people aren’t out spending and companies can’t break even"
You did not say "even when you open at limited capacity"
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3 minutes ago, ChiTownDoc said:
Aren't restaurants 25% capacity? It's very difficult to break even at 25% capacity. People being out and being out in numbers to sustain businesses are two completely different things.
I am saying once it goes above 25% they will quickly fill. It is not going to be a example of places open and no one coming.
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14 hours ago, ChiTownDoc said:
Then we have data that shows even when you open, people aren’t out spending and companies can’t break even
If this weekend driving around was any indication people will be out spending money as soon as they can. Seriously there were a ton of people out and about this weekend. I would consider Austin one of the more cautious places when I read places like this site and reddit...
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5 minutes ago, Mr. Blutarsky said:
Sorry I didn't see this until now and yep we did it again. We're gonna keep going every Friday as long as it's smart to stay in.
Friday, Saturday what's the difference?
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32 minutes ago, TonyTexas said:
I would have thought there would have been a much larger decline.
For Retail I think the numbers that moved to online are shocking. Since national retailers and amazon collect sales tax that is a benefit.
May will still be worse so not a lot of new things started April.
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8 hours ago, Hank_Hill said:
Blend recipe? Know a variation of Texadelphias has been posted by P Swayze but never saved it
7 hours ago, Fat Bastard said:
2 parts mayo1 part Guldens spicy brown mustard
kikkoman Teriyaki and honey to taste.
The teriyaki gives it the bite and honey the smooth/sweetness.
I mix the mayo/mustard quantities I want then start adding the teriyaki and honey to taste. It’s an exact carbon copy. If u have too much bite from the teriyaki, need to add some more honey. Let it all set up in the fridge for a couple of hours too
I do close to the same but soy sauce instead of the teriyaki. It sure taste close to the original.
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23 minutes ago, Fudge Nuggets said:
LOL, for some reason I was watching the AAPL post-market trades and it was down around 291. Glanced away from the screen for a second, looked back and it was at 299. Yep, efficient markets, friends.
That was when earnings hit.
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2 hours ago, kevwun said:
MIA is right. Apple will do it if you have proof of purchase. A copy of the order email will suffice. It is a pain in the ass and takes weeks though like he said.
I think they can only reset your AppleID or turn off find my iPhone. Not give you or reset your actual passcode.
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1 hour ago, Jkwellborn said:
They wouldn’t. Not that they couldn’t.Well the whole argument was that they couldn't. That there was no back door and place so they could not get in.
Even if you want to argue they could build a backdoor int he future, they could not get in that phone.
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Apple can't unlock it for you, remember the whole San Beenadino shooting and the FBI case? Data security is a serious issue.
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11 hours ago, tokamak said:
Exactly how I feel after using my 11 Pro for 3 months. Still feels chunky as hell compared to my old 8. I think people are going to look back on the 6 -> 8 era as peak iPhone.
Also, fuuuuuuuck Apple and their insistence on naming shit the same thing over and over and over again. Would it have killed them to just call it "SE2"? I have no fucking idea what model iPad I have for this reason. They're going to start doing it with the flagship iPhone, I can feel it.
To be fair that is what most industries do. Automobile for example, you only know the model and year of a car by reading the specs.
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15 hours ago, Fudge Nuggets said:
Interesting given today Amazon, Alphabet, Facebook, and Microsoft were all down on the day, Apple was flat and the S&P was up 1.5%.
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1 hour ago, Chet Steadman said:
Via is fantastic but my one large pizza (read: no beers, appetizers, desserts, etc) cost $46 the other night.
It’s always been my Top 2 in Austin but thats pretty damn absurd for a pizza place, especially when I get two larges from both Homeslice and Little Deli for the same price.
$46 is expensive, I had not noticed that Via was that much more then little Deli so I just did a check.
A large cheese at Via is @20, and extra toppings are $2 so if you got a 4 topping pizza it would be $28 + tax and tip. At Little Deli a large is not$16.50 and toppings are $2.50 so that same four toppings is $26.50 plus tax and tip. Not a huge difference.
I am assuming you got some speciality pie with mods to get up in that price range (unless you were including tax and tip/
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11 hours ago, Schulz2.0 said:
Just make sure you realize this guy is a bear and already bet on it (as noted in the disclosure). So he has both a motivation to write article like that and also is basis to think that way.
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Markets still falling like whoa
in Business and Markets
Posted
Why this weekend anymore then last weekend?
Next week maybe since it is a 3 day weekend.