• Breaking News

    Friday, January 24, 2020

    Stock Market - Haven't seen the S&P this red in a long time

    Stock Market - Haven't seen the S&P this red in a long time


    Haven't seen the S&P this red in a long time

    Posted: 24 Jan 2020 09:44 AM PST

    Walmart Boosts Starting Hourly Pay to $12 for Some Staff in Test

    Posted: 24 Jan 2020 08:03 AM PST

    https://www.bloomberg.com/news/articles/2020-01-24/walmart-boosts-starting-hourly-pay-to-12-for-some-staff-in-test

    Walmart Inc. is testing out a higher minimum starting wage for certain jobs in hundreds of stores as part of a broader overhaul of roles and responsibilities across its massive U.S. workforce.

    In the 500 or so stores that have introduced the retailer's new operating model, dubbed "Great Workplace," some associates in the fresh, front-end and replenishment areas will see their hourly pay rise from $11 an hour to $12, Walmart spokeswoman Jami Lamontagne said. Those roles, which Walmart has reclassified as "team associates," include cashiers, shelf stockers and deli workers.

    submitted by /u/coolcomfort123
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    Why did almost every stock today fall at 12:18 PM?

    Posted: 24 Jan 2020 10:13 AM PST

    If you check stocks like tesla, msft, nflx, shopify and most companies, they all hit their lows at 12:18 pm, especially dow jones, Im a bit new to trading, what is this called when this happens?

    submitted by /u/kenjijr
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    r/StockMarket January 2020 Contest update as of market close 1/23/20

    Posted: 24 Jan 2020 03:37 AM PST

    How to select the right company to invest in

    Posted: 24 Jan 2020 06:41 PM PST

    • How do you know what companies to invest in?
    • How can you be more confident with your investment decisions?

    I'm coming up with strategies to be more successful, and you can do it too! This is the very first step and more to come!

    https://themetareview.com/how-to-select-the-right-company-to-invest-in/

    submitted by /u/The-Meta-Review
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    Canadian Investment

    Posted: 24 Jan 2020 06:48 PM PST

    I've recently opened a Questrade account and I'm looking to make investments in a TFSA.

    What would be the best canadian ETFs or Index funds to invest in?

    I've looked at VCN, VFV, and XIC as potentials.

    Any recommendations?

    submitted by /u/AngelicDevil4444
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    Please welcome to our new mod, ghostofgbt!

    Posted: 24 Jan 2020 03:58 AM PST

    Please welcome to our new mod, /u/ghostofgbt!

    Hello r/StockMarket!

    I would like to introduce to you all our newest member of the mod team here at r/StockMarket, /u/ghostofgbt!

    I know I wrote up a little something for ghostofgbt in our 300K subscribers thread yesterday, but I felt having a separate dedicated thread for this would be good.

    For those of you who are new and are not very familiar with ghostofgbt, he has been one of our longest standing contributors, if not the longest standing contributor in this sub's history. About 7 years long. That is a pretty long time. Suffice to say I felt this move was long overdue. ghostofgbt's knowledge of the markets is like none I have seen or come across anywhere on the internet. We have a great friendship, and chat daily on the live chat as well.

    Bringing in ghostofgbt will allow us to expand the end of the spectrum with more actionable trades, ideas, strategies, and much more.

    For those of you who have not yet gotten the chance to check out ghostofgbt's weekly live streams, he is now hosting them in our Official Discord Live Chat every Wednesday in the #live_chat channel.

    Here was his thread which was a big hit from earlier this week for anyone who might have missed. If any of you did happen to miss it no worries, I believe ghostofgbt will be uploading his latest stream to YouTube soon.

    ghostofgbt has indicated an interest to do these weekly streams on Wednesday evenings to accommodate everyone, as that seems to be a good time for most people.

    There is a lot more planned, but for now, let's leave it here and give a big welcome in to /u/ghostofgbt into the fold! :)

    submitted by /u/bigbear0083
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    SPCE Nooooo

    Posted: 24 Jan 2020 03:54 PM PST

    Lost over 300 dollars today in SPCE 😭 Welp plz

    submitted by /u/smuck25
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    I'm curious what people think about $TER?

    Posted: 24 Jan 2020 06:29 PM PST

    Geez I bought in yesterday at $76 and what a nose dive. Is Teradyne a strong stock?

    submitted by /u/Dynomic3
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    Beginner looking for reference.

    Posted: 24 Jan 2020 06:19 PM PST

    Is there any good online reference to begin paper trading or any other beginners activities? I have been super interested as of late but have little to no knowledge and am still 17 years old, I'm just wondering if there is any good way to get a jump start.

    submitted by /u/iwes14
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    Boeing stock. Buy now or waiting for a further drop?!

    Posted: 24 Jan 2020 07:36 AM PST

    I'm looking to get into Boeing stock around the $300 price point. I see great upside in their business once this bad news goes through. Anyone else out there bullish? If you're bearish why?

    Let's hear everyone's thoughts!

    submitted by /u/Aaronacorona
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    These 5 charts show the debate over whether the stock market set up for another dot-com crash

    Posted: 24 Jan 2020 09:30 AM PST

    Different measures of stock-market valuation argue for different approaches to investing

    January's stock-market rally has seen U.S. equities hit record highs time and again, leaving the major benchmarks at lofty altitudes.

    The Dow Jones Industrial Average DJIA, -0.63% has gained 2.2% so far in January, while the S&P 500 index SPX, -0.87% has advanced 2.9% and the Nasdaq Composite index COMP, -0.80% 4.8%, setting numerous record closes along the way. This has left many market watchers worried about equity valuations and wondering whether investors are in for a nasty correction.

    Depending on your valuation measure, stocks are either approaching valuations last seen during the height of the dot-com bubble in 2000, or are reasonably priced relative to history, as the following charts will illustrate.

    https://www.marketwatch.com/story/is-the-us-stock-market-is-set-up-for-another-dot-com-crash-5-charts-2020-01-24

    submitted by /u/LightningPlus
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    Today's Pre-Market Movers & News [Friday, January 24th, 2020]

    Posted: 24 Jan 2020 05:21 AM PST

    Good morning traders and investors of the r/StockMarket sub! Happy Friday to all! Here are your pre-market mover & news this AM-


    (CLICK HERE TO VIEW THE FULL SOURCE!)

    Today's Top Headlines for Friday, January 24th, 2020

    • U.S. stock futures are pointing to a higher open ahead of the Friday session, with the final disposition of the holiday-shortened trading week still to be determined. The Dow is currently on track to post a losing week, its second in four weeks, while the Nasdaq is likely to rise for the seventh week in a row after a record close Thursday. The S&P 500 is just below breakeven for the week, and would post its eighth weekly gain in since weeks if it can erase that deficit. (CNBC) American Express (AXP), a Dow component, releases earnings before today's opening bell. No major earnings reports are scheduled after today's closing bell, and no economic reports out today. (CNBC)
    • Dow stock Intel (INTC) was rising 5% in premarket trading after the chipmaker reported better-than-expected adjusted quarterly profit and revenue after the bell Thursday. Results were helped by improvement in personal computer and data center demand, and Intel also gave an upbeat current quarter outlook as well as announcing a 5% dividend increase. (CNBC)
    • A large broadcast satellite, owned by AT&T's (T) DirecTV, built by Boeing (BA) and operated by Intelsat (I), suffered major damage to its batteries in December and is now at risk of exploding. The satellite is notably several years beyond its intended lifespan. (CNBC)
    • Boeing reschedules 777X plane's first test flight for today (Reuters)
    • China's National Health Commission said as many as 26 people have died from a fast-spreading coronavirus, as the total number of confirmed cases in the country rose to 830. Multiple cases of the virus have been confirmed in Thailand, Vietnam, South Korea and Japan, while the United States, Taiwan and Singapore have each reported one case. China has extended its travel ban to 13 cities, covering 35 million people. (CNBC & NY Times)
    • CDC: Level 3 health warning for coronavirus; State Department: Level 2 travel advisory (CNBC)
    • China to build 1000-bed hospital over weekend (Reuters)
    • Social controls, SARS experience help China close off cities (AP)
    • Walt Disney's (DIS) Shanghai Disney Resort will be closed until further notice to help China stop the spread of the flu-like virus, costing the theme park operator revenue during the country's biggest holiday season. China is on a seven-day Lunar New Year holiday, a period when the Shanghai Disney park would be usually packed with tourists. (Reuters)
    • The World Economic Forum is wrapping up today in Davos, Switzerland. A Hong Kong property developer said the U.S. chose the wrong decade to start a trade conflict with China. "They should have picked the war 10 years ago," said David Chiu, chairman of Far East Consortium International. (CNBC)
    • George Soros rips Trump and Xi, says the 'fate of the world' is at stake in 2020 (CNBC)
    • Soros says Xi is the 'most dangerous' opponent of those who believe in open society (CNBC)
    • Soros warns Trump of potential economic doom before election (CNBC)
    • Soros says Elizabeth Warren 'is the most qualified to be president' (CNBC)
    • Democrats will press their final day of arguments today before skeptical Republican senators at President Trump's impeachment trail, focusing on the second article of impeachment, obstruction of Congress' investigation. House prosecutors made an expansive case yesterday that he abused power like no other president in history, swept up by a "completely bogus" Ukraine theory pushed by attorney Rudy Giuliani. (AP)
    • Former VP Joe Biden leads other candidates for the Democratic presidential nomination, while several others appeared to be gaining momentum in their bid for the White House, according to a Reuters/Ipsos national opinion poll. The online poll showed that 24% of registered Democrats and independents supported Biden, while 20% backed U.S. Senator Bernie Sanders and 12% said they would vote for U.S. Senator Elizabeth Warren.
    • The Trump administration is set to release a report today that outlines its short-term and long-term plans for enlisting e-commerce companies to combat counterfeit products on their platforms. The Wall Street Journal reported that law enforcement will begin identifying cases immediately and "seek all available statutory authorities to pursue civil fines and other penalties against these entities."
    • J.P. Morgan Chase (JPM) CEO Jamie Dimon got a 1.6% raise to $31.5 million for his work in 2019 after his bank posted record earnings and shares of the company surged. Dimon's compensation package includes $1.5 million in salary and $30 million in performance-based incentives. (CNBC)
    • The U.S. government announced that former Wells Fargo CEO John Stumpf has been banned from ever working at a bank again and will pay $17.5 million for scandals in which millions of fake accounts were set up to meet sales quotas. Regulators plans to target other individuals, including former executives, for their role in the scandals. (CNBC)
    • Home DNA-testing company 23andMe is laying off about 100 people, or 14% of its staff, on Thursday, in the wake of declining sales. The company plans to tighten its focus on the * DTC business and its therapeutics arm while scaling back its clinical studies arm. Additionally, TripAdvisor is planning to cut 200 jobs, or 5% of its total workforce. (CNBC)
    • Jim Lehrer, co-host and later host of the nightly PBS "NewsHour" that for decades offered a thoughtful take on current events, has died. He was 85. Lehrer died "peacefully in his sleep," according to PBS. He had suffered a heart attack in 1983 and more recently, had undergone heart valve surgery in April 2008. (AP)

    STOCK FUTURES CURRENTLY:

    (CLICK HERE FOR STOCK FUTURES CHARTS!)

    YESTERDAY'S MARKET MAP:

    (CLICK HERE FOR YESTERDAY'S MARKET MAP!)

    TODAY'S MARKET MAP:

    (CLICK HERE FOR TODAY'S MARKET MAP!)

    YESTERDAY'S S&P SECTORS:

    (CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)

    TODAY'S S&P SECTORS:

    (CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

    TODAY'S ECONOMIC CALENDAR:

    (CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

    NEXT WEEK'S ECONOMIC CALENDAR:

    (CLICK HERE FOR NEXT WEEK'S ECONOMIC CALENDAR!)

    NEXT WEEK'S UPCOMING IPO'S:

    (CLICK HERE FOR NEXT WEEK'S UPCOMING IPO'S!)

    NEXT WEEK'S EARNINGS CALENDAR:

    (CLICK HERE FOR NEXT WEEK'S EARNINGS CALENDAR!)

    THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

    ($AXP $NEE $ERIC $SYF $NEP $APD $SNV $HRC $IBKC $MOG.A $SIFY $SPFI $ESXB)

    (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

    THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

    ([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())

    NONE.


    EARNINGS RELEASES BEFORE THE OPEN TODAY:

    (CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

    EARNINGS RELEASES AFTER THE CLOSE TODAY:

    ([CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]())

    NONE.


    YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:

    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #1!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #2!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #3!)
    (CLICK HERE FOR YESTERDAY'S UPGRADES/DOWNGRADES LINK #4!)

    YESTERDAY'S INSIDER TRADING FILINGS:

    (CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)

    TODAY'S DIVIDEND CALENDAR:

    (CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

    THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

    • DIS
    • INTC
    • AXP
    • EPZM
    • NNVC
    • CVM
    • NEE
    • SYF
    • BLDP
    • ERIC

    THIS MORNING'S STOCK NEWS MOVERS:

    (source: cnbc.com)

    American Express (AXP) – American Express reported quarterly earnings of $2.03 per share, 2 cents a share above estimates. Revenue was slightly above consensus. The financial services giant said revenue growth during 2019 was driven by higher card fee income as well as increased spending by cardholders.

    STOCK SYMBOL: AXP

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Intel (INTC) – Intel reported quarterly profit of $1.52 per share, beating the consensus estimate of $1.25. The chipmaker's revenue also exceeded Wall Street forecasts, helped by an improvement in personal computer and data center demand. Intel also gave an upbeat current-quarter outlook, as well as announcing a 5% dividend increase.

    STOCK SYMBOL: INTC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Walt Disney (DIS) – The Shanghai Disney resort will close until further notice, as officials try to stop the spread of the coronavirus. The closure comes during China's seven-day Lunar New Year holiday, normally an extremely busy time for the resort.

    STOCK SYMBOL: DIS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Ericsson (ERIC) – Ericsson posted a smaller-than-expected profit for the fourth quarter, with the Swedish telecom equipment maker hit by higher costs for 5G development as well as a weaker U.S. market.

    STOCK SYMBOL: ERIC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Broadcom (AVGO) – Broadcom struck a deal to supply Apple (AAPL) with wireless components for Apple products through 2023, in a transaction worth an estimated $15 billion. Apple currently accounts for about 20% of Broadcom's annual revenue.

    STOCK SYMBOL: AVGO

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Skyworks Solutions (SWKS) – Skyworks shares are under pressure following the news that competitor Broadcom signed an Apple supply deal. Skyworks reported better-than-expected quarterly profit of $1.68 per share, 3 cents a share above estimates. Revenue also came in above forecasts.

    STOCK SYMBOL: SWKS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Intuitive Surgical (ISRG) – Intuitive Surgical beat estimates by 10 cents a share, with adjusted quarterly earnings of $3.48 per share. The surgical instruments maker's revenue also came in above Wall Street projections. Procedures performed with the company's Da Vinci robotic surgical devices increased by 19% during the quarter compared to a year earlier.

    STOCK SYMBOL: ISRG

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    E*Trade Financial (ETFC) – E*Trade earned an adjusted 84 cents per share for the fourth quarter, a penny a share above estimates. Revenue also came in above consensus. The bottom line number excludes 8 cents a share of negative impact from restructuring and special charges. The online brokerage company saw a drop in net interest income and higher non-interest expenses but also reported record customer trading activity.

    STOCK SYMBOL: ETFC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Discover Financial (DFS) – Discover came in a penny a share above estimates, with quarterly earnings of $2.25 per share. Revenue was essentially in line with forecasts. Evercore downgraded the credit card and financial services provider to "underperform" from "in line" following the report, saying it sees pressure on Discover's bottom line this year from higher investments, increased credit costs, and fewer buybacks.

    STOCK SYMBOL: DFS

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    Generac (GNRC) – Oppenheimer upgraded the maker of power generators to "outperform" from "perform," based on expectations of solid revenue growth. Oppenheimer points to the emergence of the California market for Generac, as well as sustained strength in core demand fundamentals.

    STOCK SYMBOL: GNRC

    (CLICK HERE FOR LIVE STOCK QUOTE!)

    FULL DISCLOSURE:

    /u/bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. /u/bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.


    DISCUSS!

    What's on everyone's radar for today's trading day ahead here at r/StockMarket?


    I hope you all have an excellent trading day ahead today on this Friday, January 24th, 2020! :)

    submitted by /u/bigbear0083
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    Don't just look at gain/losses independently. Compare that figure to the benchmark to see if you are over or underperforming.

    Posted: 24 Jan 2020 06:42 AM PST

    From all the reports I see from different asset managers, a common theme is to show the performance of the portfolio compared to the benchmark.

    Also they break it down by attribution. So are they under/overweight compared to the benchmark in the different industries.

    If anyone wants anything else let me know, not their active positions though.. :)

    submitted by /u/Sarbzero
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    What is your morning news ritual? Trying to better understand news monitoring hurdles

    Posted: 24 Jan 2020 12:25 PM PST

    Few years ago during my time as a summer analyst one of my responsibilities was to provide a summary of daily news to seniors. It involved me coming in early and checking different news and company sites (~20) for anything new that may be of interest to them.

    Being lazy I created a simple python script that would check automatically if there is anything new on those sites matching XYZ keywords and would pull all that new info into a single page. It turns out that till this day the script is being used and now I am thinking about exploring this idea a bit further.

    The first step is to better understand what are the main hurdles of the whole news monitoring process, hence this post and this survey - https://changesub.typeform.com/to/rLJ96i. It should take up to 3 minutes and by participating you would highly improve my chances of making something useful.

    If you have anything other to share about your news morning ritual, e.g. your favorite brand of coffee, or you think that you would benefit from this kind of tool, let me know in the comments.

    submitted by /u/sauklys
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    (Huge investment decision for me and my IRA) 80% SWTSX, 10% SWISX, 10% SFENX. Is this optimal for a 40 year IRA investment? Thanks for any feedback! (

    Posted: 24 Jan 2020 05:38 AM PST

    A few tings:

    • This is for a Roth IRA. I'm in my 20s.

    • I want to get this decision right early one (i.e. now) so I can have a portfolio which I don't mess with ever going forward. Once I have the fund for like 5 years (hopefully stacking up lots of compounded returns) I'll be less likely to mess with it and trade around, which is I think will be very beneficial.

    • I prefer funds, so I can be 100% invested. I guess I'm a bit OCD and I hate seeing $84 left in cash. I also think that having ETFs just encourages me to check the market more often (to see my money going up or down mid-day) which encourages trading which I wont to avoid at all costs.

    • I do prefer mostly US stocks (hence only %20 international).

    • I use Schwab so I can buy Vanguard funds unless I want to pay a $49 fee EACH TIME (i.e. each year) I contribute.

    • The SFENX has a .39% fee which is just kinda aweful. I'm tempted to go 100% SWTSX

    So.... any tips? Is this less than optimal? What would you do differently? Any suggestions would be so nice. THANK YOU

    submitted by /u/travel123123
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    Camber energy and Viking energy

    Posted: 24 Jan 2020 06:56 AM PST

    Question about Beta of a stock.

    Posted: 24 Jan 2020 07:58 AM PST

    Does the beta of a stock measure its volatility when compared to whatever it is you're using as an indicator right? Say, PHO etf has a beta of .99. Does this mean it's 1% less volatile than the market? Or does it mean that if the market moves, it will react similarly to it?

    I know correlation measures how something moves with respect to something else, and I know it can go from -1 to 1, I guess my question is, does the beta have anything to do with correlation? Does a beta of 1 mean something is heavily correlated as well? Or does a beta of 1 simply mean that it's just as volatile?

    Thanks in advance.

    submitted by /u/flyyoufools97
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    Mega New to this, any tips?

    Posted: 23 Jan 2020 10:52 PM PST

    So I can only spare 50$ for now but plan to add more as I continue. But I wanna know the best way to start like who to research and what's the best place to research. Like what are reliable websites with info I can use to research into companies I'll be investing in? And what do I look for in a company to trust with my money?

    submitted by /u/BobbyBook
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    How much influence do market makers have? especially options market makers

    Posted: 24 Jan 2020 03:03 AM PST

    Any former or current market makers? Can a market maker influence a stock price and by how much? I would especially like to know about options market making

    1) do option market makers also hold stocks that they write on?

    I'm asking because let's say I buy options. -lets say 10 billion market cap -stocks trading at around $20 -i buy options at 23 strike for .30 cents -10 days till expiration -i buy 5,000 contracts (500,000 shares) $10,000,000 worth of stock at $20

    2) will the market makers dump all their inventory/stock before $23 to prevent me from winning on the options?

    can someone pm me or post how much they can move the market?

    submitted by /u/yoshionimusha
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    Why Guggenheim's Minerd Sees the Market as a 'Ponzi Scheme'

    Posted: 23 Jan 2020 09:21 PM PST

    Bloomberg Markets and Finance - Jan 22, 2020

    00:22...Look, if you take the history of the United States since the late 70s I would call monetary policy a policy of bubble to bubble. For instance you know to save the the economy after the stock market crash right the Fed cut rates and overinflated commercial real estate and then we had to bail out the banks with the Resolution Trust Corporation.

    So then once things calm down again investors no longer thought that commercial real estate was safe and they inflated the internet bubble to the wealth effect to keep the economy going and then of course it went bust. And so then people didn't feel safe in stock so they started buying homes. We played that out and at bust and so we're my attitude is when you look at the amount of leverage in corporate America and where we are today you've you definitely are inflating a bubble here in credit...

    https://www.youtube.com/watch?v=VB3_oOxVqdk

    submitted by /u/LightningPlus
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