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Jorma

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Jorma last won the day on May 10

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About Jorma

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    Professor of Stock Proctology
  • Birthday 06/28/1951

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  1. This story about possible reinfection is just rumor at this point. Maybe it can happen but it will turn out to be rare. https://www.vox.com/2020/7/12/21321653/getting-covid-19-twice-reinfection-antibody-herd-immunity
  2. I've stopped seeing on the news ticker stories about companies expanding and tapping their credit lines and announcements of new offerings. Maybe they are still borrowing like crazy and my haphazard glances at the news ticker are wrong but it is quite possible that the huge corporate credit expansion is over. Add in the now current fall in Treasury borrowing and we may have a problem.
  3. Reportedly University of Alabama students are throwing Covid parties to try and spread the virus. I say reportedly because maybe it's a Mellow Yellow thing. Youngsters will have to look that up. I doubt students today have the sense of humor. https://abcnews.go.com/US/alabama-students-throwing-covid-parties-infected-officials/story?id=71552514 As a WAG I'd say 30% of Americans want to infect you and don't give a damn if you die. Which shouldn't be news to anyone but seems to be news to most everyone.
  4. I think there will be blood. Hopefully sporadic, and that will be that. Civil war will not be bullish.
  5. I don't usually engage in this sort of stuff but this one is perfect.
  6. Cripes, it's been 4 years since the founder drove into a bridge abutment at 90 mph. https://www.cbsnews.com/news/ex-ceo-of-chesapeake-energy-aubrey-mcclendon-dies-in-car-crash-a-day-after-indictment/ The whole shale thing has been so whacked that history won't believe it.
  7. Is this $155bn slug of Treasury supply the next week the biggest in recent memory with virtually no Fed support? And that's without figuring in yesterdays $66bn. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm
  8. That's what I said last week. Instead of spending on new stimulus or infrastructure they could mostly just suspend issuance. Well that is one possible outcome. And remember they don't have a plan. They just have bluff and bluster and of course, money.
  9. Don't ask me. In my 69 years I have never gone to Florida. Actively never wanted to go. Why? I can't say exactly.
  10. WTF ? I guess because Navarro says China trade deal over. Whatever that means. Get ready for war maybe.
  11. The fireworks industry needs capital. Well what industry doesn't? https://pbs.twimg.com/media/EbHRuwoXkAQ4sKN?format=jpg&name=medium
  12. Funny thing about that. I hadn't had that stuff in probably 50 years and recently I saw it on the shelf and picked one up. It was terrible, mainly because it is so salty. I'm not sure why you thought there was an Underwood car.
  13. Governors are followers. It's Americans themselves who are to blame. Most Americans think freedom amounts to giving everyone the finger. 'Im going to do this stupid probably destructive thing, just because'. And because they can they say they are free. Americans are pretty dumb too and damn proud of it. None if which is going to change.
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