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Re: Does anyone care about the economy?

Posted: Wed March 11, 2020 8:16 pm
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Wed March 11, 2020 8:40 pm
by bune

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 2:21 am
by digster
The Dow futures tonight. Welp. :|

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 2:23 am
by washing machine
In the bar industry we joke that the business is recession-proof. However, it remains to be seen whether or not we are pandemic-proof.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 2:28 am
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:09 am
by BurtReynolds
Seems like the existence of index futures makes investing in the indexes more risky. or maybe not.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:43 am
by Bammer
I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:47 am
by doug rr
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:47 am
by Bammer
doug rr wrote:
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days
That would really be something

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:48 am
by doug rr
Bammer wrote:
doug rr wrote:
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days
That would really be something
i have an extra bedroom just off Denny

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:50 am
by Bammer
doug rr wrote:
Bammer wrote:
doug rr wrote:
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days
That would really be something
i have an extra bedroom just off Denny
I’d rather just be homeless on the Eastside

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:52 am
by doug rr
Bammer wrote:
doug rr wrote:
Bammer wrote:
doug rr wrote:
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days
That would really be something
i have an extra bedroom just off Denny
I’d rather just be homeless on the Eastside
I haven't lived here long enough to know what the eastside is

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:56 am
by Bammer
doug rr wrote:
Bammer wrote:
doug rr wrote:
Bammer wrote:
doug rr wrote:
Bammer wrote:I figure I have enough time until I retire that this won’t even matter.

But then again I don’t know shit about the stock market and I just have a couple mutual funds.
you'll be homeless in 90 days
That would really be something
i have an extra bedroom just off Denny
I’d rather just be homeless on the Eastside
I haven't lived here long enough to know what the eastside is
Walk outside and ask the first person you see what they think of the Eastside. You’ll probably get scoffed at.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 6:16 am
by doug rr
BurtReynolds wrote:Seems like the existence of index futures makes investing in the indexes more risky. or maybe not.
stock up on pumpkin futures in august

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 1:02 pm
by washing machine
tragabigzanda wrote:
washing machine wrote:In the bar industry we joke that the business is recession-proof. However, it remains to be seen whether or not we are pandemic-proof.
I think bars will fair much better than restaurants, which are about to get clobbered. A week of no sales could be hugely problematic for even the most successful restaurants; a month could be disastrous.
The ones hurting the most in my city are concentrated in Asiatown, where people stopped going a month ago. My wife and I plan to go support one of our favorite ramen places there next week.

Kind of fucked up that people are avoiding that one part of town.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 1:28 pm
by Bi_3
washing machine wrote:
tragabigzanda wrote:
washing machine wrote:In the bar industry we joke that the business is recession-proof. However, it remains to be seen whether or not we are pandemic-proof.
I think bars will fair much better than restaurants, which are about to get clobbered. A week of no sales could be hugely problematic for even the most successful restaurants; a month could be disastrous.
The ones hurting the most in my city are concentrated in Asiatown, where people stopped going a month ago. My wife and I plan to go support one of our favorite ramen places there next week.

Kind of fucked up that people are avoiding that one part of town.
I agree, but right or wrong the perception is that it's an insular community that may not always have the national interests of the US in mind.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 1:38 pm
by 4/5
The Dow opened down 1,700 points.

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 5:50 pm
by tragabigzanda
FUCK ICE

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 8:10 pm
by bune
wait a fucking minute...

Re: Does anyone care about the economy?

Posted: Thu March 12, 2020 11:43 pm
by BurtReynolds
What's a depression again?