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Post by majorminor on Jun 5, 2020 9:00:35 GMT -5
Ummmmm.....which is it?
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Post by brucemacneill on Jun 5, 2020 9:03:24 GMT -5
Ummmmm.....which is it? Apparently it depends upon your point of view.
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Post by epaul on Jun 5, 2020 9:24:41 GMT -5
Timing is everything. Yesterday economists' expectations on what the report would reveal were released and the AP reported them:
-from the AP release yesterday
Today the actual report was released and AP reported it:
- from the AP
I don't see the need to publish the "projections" when the next day will reveal the event itself, but that is the instant news the market (us) demands and receives. Not only is the report itself news, the guesses about what the report will reveal are also news. Maybe even bigger news; got to stay ahead of events, don't you know, get the jump on the other guy.
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Post by epaul on Jun 5, 2020 9:27:00 GMT -5
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Post by brucemacneill on Jun 5, 2020 10:27:40 GMT -5
You can still see the Democrat dog-whistle though when even as they report the good news they throw in how it could get bad.
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Post by TKennedy on Jun 5, 2020 10:33:57 GMT -5
I was thinking about our Civil War show the other day.
In the vernacular of the day the war was referred to as “The recent unpleasantness “
I wonder how current events will be tagged in 2020speak?
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Post by epaul on Jun 5, 2020 11:28:06 GMT -5
You can still see the Democrat dog-whistle though when even as they report the good news they throw in how it could get bad. Is that a dogwhistle or prudence? It could get worse. It could get better. If you weren't looking for dogwhistles, would you read that article as biased and partisan or cautious and prudent? You want your market news to be the rosiest of the rosy or tempered and judicious? (I have come to prefer Temperance, Rosy is fun but she always ends up costing me)
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Post by aquaduct on Jun 5, 2020 13:33:47 GMT -5
I was thinking about our Civil War show the other day. In the vernacular of the day the war was referred to as “The recent unpleasantness “ I wonder how current events will be tagged in 2020speak? "The end of the Administrative State/Democratic Party/Progressive Politics".
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Post by millring on Jun 6, 2020 4:52:24 GMT -5
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Post by jdd2 on Jun 6, 2020 17:27:21 GMT -5
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Post by Marshall on Jun 8, 2020 14:28:02 GMT -5
Here's my big worry: Amid all this economic and social turmoil, the stock market is cruising along. Big money is betting this thing will run its course and we'll be back to some new normal some few months ahead. Big money is shifting around to be better situated to ride the next rise. While, in the mean time, people at the bottom of the wage scale are bearing the brunt of all the difficulty. And they will not come out of this well situated for the future. Thus meaning, the whole pandemic/disruption will WIDEN the gap between the "haves," and "have-nots."
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Post by millring on Jun 8, 2020 14:31:10 GMT -5
the whole pandemic/disruption will WIDEN the gap between the "haves," and "have-nots."As will the riots. It's something the left never seems to grasp -- every single swing they take at "the rich" ends up hitting the poor. But they mean well, right?
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Post by fauxmaha on Jun 8, 2020 14:37:50 GMT -5
Here's my big worry: Amid all this economic and social turmoil, the stock market is cruising along. Big money is betting this thing will run its course and we'll be back to some new normal some few months ahead. Big money is shifting around to be better situated to ride the next rise. While, in the mean time, people at the bottom of the wage scale are bearing the brunt of all the difficulty. And they will not come out of this well situated for the future. Thus meaning, the whole pandemic/disruption will WIDEN the gap between the "haves," and "have-nots."That is a given. The government orders mom and pop retailers to close, but Amazon, Wal-Mart, etal are declared "essential"...and are left with a clear field all to themselves. Meanwhile, Jeff Bezos continues to serve the public interest by publishing every inflammatory article in can in the WaPo.
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Post by jdd2 on Jun 8, 2020 18:14:45 GMT -5
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Post by Russell Letson on Jun 8, 2020 18:47:43 GMT -5
The government orders mom and pop retailers to close, but Amazon, Wal-Mart, etal are declared "essential"...and are left with a clear field all to themselves. Meanwhile, Jeff Bezos continues to serve the public interest by publishing every inflammatory article in can in the WaPo. Locally, closings proceeded by category, and to my knowledge did not affect any food supplier or hardware store. Specifically excepted: "grocery stores, markets, convenience stores, pharmacies, drug stores, and food pantries." Hardware stores remained open--not only the chains but the locally owned and operated Ace franchises and our omnium-gatherum Gopher Bargain Center. As far as I know, there are no longer any mom-and-pop drugstores in our area--everything is either big chain, integrated into a chain grocery store, or part of a medical group--though there is an independent compounding pharmacy over in Sartell. The chains have pretty much owned general retail for a good twenty years around here--Mom and Pop sold out and retired to someplace warmer long ago. (As did their generation of family farmers.)
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Post by Cornflake on Jun 8, 2020 19:00:48 GMT -5
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Post by Cornflake on Jun 8, 2020 19:03:32 GMT -5
Jeff and Russell, your exchange reminds me once again--I often forget--that we did not all see the same shutdown. Things here were the way Russell says they were in Minnesota.
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Post by TKennedy on Jun 8, 2020 19:07:43 GMT -5
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Post by james on Jun 8, 2020 23:06:18 GMT -5
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Post by millring on Jun 9, 2020 5:49:08 GMT -5
rawstory
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