Author Topic: UNLIMITED horrible bond bubble thread.  (Read 11209 times)

Hoopla!

  • gives people the beeps, and most certainly
  • Deserved It
  • ****
  • Posts: 14981
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #45 on: August 21, 2019, 09:37:17 pm »
You mean the president lies??
“Soon all of us will have special names” — Professor Brian O’Blivion

"Now's not the time to get silly, so wear your big boots and jump on the garbage clowns." — Bob Dylan?

"Do I contradict myself? Very well, then I contradict myself, I am large, I contain multitudes" — Walt Whitman

Doktor Howl

  • Hostile Technology Geek
  • One-Armed Jizz Moppers
  • Deserved It
  • **
  • Posts: 35741
  • si autem non vis tribulationis et angustiae, non
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #46 on: August 21, 2019, 10:38:11 pm »
I have wondered about Trump's job numbers. They always seemed too good to be true, given the disruption I am hearing on the industry side regarding the trade wars

It is also worth mentioning that the BLS still doesn't count people who have been out of work for more than 6 months.  In addition to this.
"Daisy had syphilis, Tom died of genital warts, and Nick Carroway watched it all in mounting horror, then made off with the silverware and the maid."
~ The Good Reverend

Evil doesn't work without good people. Good people will do the most repugnant, nasty shit for what they think are "the right reasons"

Doktor Howl

  • Hostile Technology Geek
  • One-Armed Jizz Moppers
  • Deserved It
  • **
  • Posts: 35741
  • si autem non vis tribulationis et angustiae, non
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #47 on: August 23, 2019, 02:57:32 pm »
https://www.apnews.com/93bdaf6dc4ac489cb7c796845f5a13ec

It's almost as if this was predictable.   :lulz:
"Daisy had syphilis, Tom died of genital warts, and Nick Carroway watched it all in mounting horror, then made off with the silverware and the maid."
~ The Good Reverend

Evil doesn't work without good people. Good people will do the most repugnant, nasty shit for what they think are "the right reasons"

Cain

  • Alea iacta est
  • Chekha
  • Deserved It
  • ****
  • Posts: 63908
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #48 on: August 23, 2019, 03:02:51 pm »
Quote
“Our tools for fighting recession are no doubt more limited (than) in the past,” said Karen Dynan, an economist at Harvard University’s Kennedy School.

Who could have forseen that denying governments funds via tax rises might lead to them not having enough money to counteract recessions?

Nobody could have known.

Doktor Howl

  • Hostile Technology Geek
  • One-Armed Jizz Moppers
  • Deserved It
  • **
  • Posts: 35741
  • si autem non vis tribulationis et angustiae, non
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #49 on: August 23, 2019, 03:19:33 pm »
Quote
“Our tools for fighting recession are no doubt more limited (than) in the past,” said Karen Dynan, an economist at Harvard University’s Kennedy School.

Who could have forseen that denying governments funds via tax rises might lead to them not having enough money to counteract recessions?

Nobody could have known.

This has never happened 3 times in my lifetime.   :lulz:
"Daisy had syphilis, Tom died of genital warts, and Nick Carroway watched it all in mounting horror, then made off with the silverware and the maid."
~ The Good Reverend

Evil doesn't work without good people. Good people will do the most repugnant, nasty shit for what they think are "the right reasons"

chaotic neutral observer

  • not a real discordian
  • Outlandish
  • ***
  • Posts: 906
  • I saw what you did and I'm okay with it
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #50 on: September 22, 2019, 04:29:05 pm »
https://www.bloomberg.com/graphics/negative-yield-bonds/

There are currently $17 trillion worth of negative-yielding bonds out there.

As I understand it, a bond has negative yield when the current price of the bond is higher than the redemption value plus the remaining interest payments.  This means that if you hold the bond to maturity, you will actually lose money.

As absurd as this sounds, it's actually a good idea; if, for example, if bond prices increase indefinitely, or if you sell just before the price crashes, or if you are in a situation where it's safer to keep your money in bonds than in a zero-interest cash account.   :|
Desine fata deum flecti sperare precando.

chaotic neutral observer

  • not a real discordian
  • Outlandish
  • ***
  • Posts: 906
  • I saw what you did and I'm okay with it
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #51 on: September 22, 2019, 04:35:46 pm »
Quick, tell me how I can take advantage of this for my own personal gain.

If you have a few million around, put it in Goldman Sachs preferred stock.  They're going to make out like bandits.

Does this recommendation still hold, and if so, why do you think so?  Not considering Impending Doom, GS looks like a decent stock at the moment.  They're evil, of course, but I wouldn't be much of a chaotic neutral if my principles weren't negotiable.

Is the likely outcome that a market meltdown will cause a storm of transactions, and GS will earn a few beans each time someone panics?
Desine fata deum flecti sperare precando.

altered

  • Reluctant Mad Prophet of Mushussu Qudmu
  • Deserved It
  • ****
  • Posts: 1937
  • Beggar-Knight of Eris Militant
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #52 on: January 03, 2020, 07:44:10 pm »
Anyone know what’s going on with the market?

I just made 13 dollars in a day on my ETFs. It wasn’t dividends either. I’ve never made more than a couple dollars in a day.

It’s weird, I’d expect more uncertainty.
“I am that worst of all type of criminal...I cannot bring myself to do what you tell me, because you told me.”

“Ever watch that famous war movie? That’s how it’ll be.”
“Which one?”
“The one where everybody dies.”
— Blood Standard, Laird Barron

Remember the fall of Yin Tu.

Doktor Howl

  • Hostile Technology Geek
  • One-Armed Jizz Moppers
  • Deserved It
  • **
  • Posts: 35741
  • si autem non vis tribulationis et angustiae, non
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #53 on: January 03, 2020, 08:04:41 pm »
Anyone know what’s going on with the market?

I just made 13 dollars in a day on my ETFs. It wasn’t dividends either. I’ve never made more than a couple dollars in a day.

It’s weird, I’d expect more uncertainty.

Oil is bouncing up and down like a meth head, and the market is reacting accordingly.
"Daisy had syphilis, Tom died of genital warts, and Nick Carroway watched it all in mounting horror, then made off with the silverware and the maid."
~ The Good Reverend

Evil doesn't work without good people. Good people will do the most repugnant, nasty shit for what they think are "the right reasons"

Doktor Howl

  • Hostile Technology Geek
  • One-Armed Jizz Moppers
  • Deserved It
  • **
  • Posts: 35741
  • si autem non vis tribulationis et angustiae, non
    • View Profile
Re: UNLIMITED horrible bond bubble thread.
« Reply #54 on: January 03, 2020, 08:05:39 pm »
Quick, tell me how I can take advantage of this for my own personal gain.

If you have a few million around, put it in Goldman Sachs preferred stock.  They're going to make out like bandits.

Does this recommendation still hold, and if so, why do you think so?  Not considering Impending Doom, GS looks like a decent stock at the moment.  They're evil, of course, but I wouldn't be much of a chaotic neutral if my principles weren't negotiable.

Is the likely outcome that a market meltdown will cause a storm of transactions, and GS will earn a few beans each time someone panics?

Better.  They insure those transactions.  Not that the gamble won't fail, but that the act of making the trade occurs.

"Daisy had syphilis, Tom died of genital warts, and Nick Carroway watched it all in mounting horror, then made off with the silverware and the maid."
~ The Good Reverend

Evil doesn't work without good people. Good people will do the most repugnant, nasty shit for what they think are "the right reasons"