SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (9190)4/14/2020 10:47:29 PM
From: Kirk ©  Read Replies (1) | Respond to of 26590
 
Maybe you are like me and find when you shop now that you spend more rather than wait or come back for something cheaper.

I paid about 150% more today for a pack of Prime NY Steaks than I pay for a good sale price on Choice. I bought several other items at full price rather than wait for sales or take multiple trips.

There really is no reason to be so "thrifty" other than habit so I may get used to this and that is what made me think the market is discounting "The Roaring 20s."

With so many getting an extra $600 a week for their unemployment checks that pays them more to stay home than not work, my guess is we'll be surprised at how much spending occurs when they open the cities again.

A lot of the failures will be small businesses that can't make good use of the SBA loans or their Oakland, CA tenants decide to not pay rent again, forever... but most of the big companies we buy stocks in, should do really well.

And don't forget TINA will have gained a TON of weight, especially with the Fed Funds now near zero.



To: robert b furman who wrote (9190)4/14/2020 11:31:43 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 26590
 
make sure you don't touch your face with gloves.. !! It's the face touching that is issue.. gloves or not ... and take them off properly.. being in landscaping is no diff than healthcare when it comes to proper glove removal :) I mask in stores.. and wash hands a LOT.. My truck is a bubble :) In my area of Quebec, stores (Home Depot, Canadian Tire, Walmart etc) have hand washing on way in and on way out.. I turned the tap back on on my credit and debit cards for the experience :) In Ontario where I am back now.. HD etc only have call to order and curbside pickup.. It is gonna kill sales... Already is.. I looked ahead at part timer sched.. none called in last week of April at store I work at... Thank goodness for gardner biz :) Folks are all very civilized about it ...



To: robert b furman who wrote (9190)4/15/2020 2:31:23 PM
From: benwood1 Recommendation

Recommended By
Kirk ©

  Respond to of 26590
 
I know somebody who passed away from the illness. He was older and overweight and not particular healthy. I know another young person who wasn't tested but almost certainly got the virus and only had that weird symptom of losing her sense of smell/taste for a few days, then it returned.

Since most people tested now were much more than mild cases, it's a reasonable estimate that 5-10 million Americans have been exposed, and most of those recovered already. The more, the better. That isn't enough for herd immunity, but it's a start.

I'm also ready to things to loosen up. But with a better plan in place, it's clear that it we went back to normal, it will spike dramatically overnight (normal being e.g. sold out Yankee Stadium; sick people going to work, etc.).