Domain: tiger-web1.srvr.media3.us How bad will the Dow tank tomorrow with no vote tonight? | Page 3 | Political Talk
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re: How bad will the Dow tank tomorrow with no vote tonight?

Posted on 4/19/20 at 2:49 pm to
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/19/20 at 2:49 pm to
quote:

Pelosi is a Representative. Schumer is a Senator. She serves on the House of Reps. He serves is the Senate... two different “houses” of our legislative branch of government. She is not his boss. But they are both are partisanDemocrats. The other branches of our govt. are the Judicial (Supreme Court) and the Executive (President). More questions?


Today’s phrases, “de facto” and “de jure,” (Pronunciation: dee fak-toh/di joo r-ee: Origin: Latin) are closely related concepts.

De facto means a state of affairs that is true in fact, but that is not officially sanctioned.

In contrast, de jure means a state of affairs that is in accordance with law (i.e. that is officially sanctioned).

more questions?
Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
22916 posts
Posted on 4/19/20 at 4:01 pm to
quote:

De facto means a state of affairs that is true in fact, but that is not officially sanctioned.

In contrast, de jure means a state of affairs that is in accordance with law (i.e. that is officially sanctioned).

more questions?


And what might partisan Democrat co-conspirators suggest to one so well versed in such Latin legalese terms?
Posted by TRex
Member since Mar 2020
339 posts
Posted on 4/19/20 at 5:03 pm to
Really, you talk to Nancy? Or did you talk to your imaginary friend? I’m betting friend!
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 4/19/20 at 5:04 pm to
The market is going to be artificial inflated by another 5 or 6% and then will tank.

Purely a guess, but I would not be surprised if that happens.
Posted by dreigh
Member since Mar 2020
61 posts
Posted on 4/19/20 at 5:29 pm to
All futures are down, but unless you are a day trader (not an investor), who cares? Both the DOW and the S&P are hilariously high as it is. The DOW could go up another 2.5-3% tomorrow, it wouldn't ease my mind whatsoever. The market has has been rallying on the back of unprecedented backstopping by the Fed up to this point, and it has been very, very effective in the short term (and I think it was the right move at the time given the information that they had). Over the course of that rally, unemployment has continued to climb and climb, and virtually all of other Main Street economic indicators are, shall we put it kindly...not good.

What will put my mind at ease is businesses opening back up, generating real revenue, employing real people, generating real goods and services. Until then, in my opinion, the DOW and the S&P need to come back down to Earth to some degree and start reflecting the realities of what is happening on Main Street. I say this as someone who very much wants to stock market to go up and to the right as much as possible. But I want it to do so because of real commerce and economic activity happening in real time and space, at least as soon as possible.

TLDR: The market and the economy have become temporarily decoupled enough as it is, if the market goes down tomorrow I don't think that is a bad thing, as it means that Wall Street and Main Street actually talking to each other to some degree, which they should be doing.
This post was edited on 4/19/20 at 5:30 pm
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/19/20 at 5:44 pm to
quote:

TLDR: The market and the economy have become temporarily decoupled enough as it is, if the market goes down tomorrow I don't think that is a bad thing, as it means that Wall Street and Main Street actually talking to each other to some degree, which they should be doing.



bullshite

It has bounced all around for 3 or 4 weeks. Going up or down 500 points doesn't mean shite regarding "Main Street and Wall Street" talking to each other. It won't do anything for real until the nature of the exit from the farce becomes evident.
Posted by dreigh
Member since Mar 2020
61 posts
Posted on 4/19/20 at 5:49 pm to
quote:

It has bounced all around for 3 or 4 weeks. Going up or down 500 points doesn't mean shite regarding "Main Street and Wall Street" talking to each other. It won't do anything for real until the nature of the exit from the farce becomes evident.


Well, I suppose don't really disagree with you. I suppose I should amend with this: If the market goes up or down tomorrow, I sure as hell won't be able to tell you exactly WHY it happened, but I am saying I'm fine with it because it would at least be somewhat reflective of the current economic reality.

EDIT: Grammar
This post was edited on 4/19/20 at 5:51 pm
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