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Syrmax

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Everything posted by Syrmax

  1. China admitted, years ago, to understating H1N1 and SARS data. That's public record. They had some phoney baloney excuse but it goes hand in hand with their overstatement of economic data since, forever. There were some slick videos circulating out of Wuhan showing a lot of local protest when the Hubei Province CCP leaders came to town basically to have a Mission Accomplished moment. People were yelling "fake" and "F#ck You" out of their windows to the local head party hack that arrived. They probably had a lot more cases overall but the mortality ratio makes some sense so they probably just undercounted both values.
  2. I was more referring in general. You'll get more head nods without the personal attacks is all i'm saying. We're all guilty of it at times. In real life, i get slammed or attacked by both Right and Left and frankly my patience with it has worn out.
  3. You need to calm the f*ck down and read what you post before clicking Enter.
  4. And to my point above....new data is breaking this a.m. (CNBC) Americans displaced by the coronavirus crisis filed unemployment claims in record numbers, with the Labor Department reporting Thursday a surge to 3.28 million. The number shatters the Great Recession peak of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982. The previous week, which reflected the period before the worst of the coronavirus hit, was just 282,000. Consensus estimates from economists surveyed by Dow Jones showed an expectation for 1.5 million new claims, though individual forecasts on Wall Street had been anticipating a much higher number. The surge comes amid a crippling slowdown brought on by the coronavirus crisis. The 4-week moving average, which smooths out weekly distortions, was 1,731,000, an increase of 27,500 from the previous week’s revised average.
  5. From what i have gleaned, the bill, pending House adjustments, would prevent stock buybacks for a period of time going forward. Many corporations have use the artificially low interest rate environment of the past decade (one of the distortions of QE and Fed policy ), to buyback stock to goose share values and P/E's, ostensibly to boost Executive Suite compensation and drive more upward price action. Everyone can agree that it turned out to be shortsighted and greedy but the problem going forward is to protect jobs and business. Sure, it would feel good to let Boeing, American and other major corporations fail. But then there's the jobs that would be lost, many permanently. So, being adults, we hold our nose at the various provisions of the Bailout Bill that we don't agree with but one side or the other wanted. For the greater good.
  6. How far from Niantic River waterfront are you? Trying to confirm that a friend's sandbagging me in a friendly wager for Niantic this storm. My old stomping grounds.
  7. S Fork of LI is already over freezing and just RN, CC is up to 36 and will probably rise another 10...RUC looks good to me which takes slp over BID and CC and slows it up there...HV and ALB look good here, IMO.
  8. Exactly right. Way more demand & much higher pay. I actually thought about a met degree at one point many yrs ago but everyone I talked to said go into engineering (or finance). They weren't wrong and likely even moreso today. Probably more private sector met opportunities exist today than 20-30 yrs ago but the engineering demand is much greater as the US continues to produce increasing volumes of WalMart greeters w/ hs diplomas.
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