War Room Lounge v108: The Lord's Work

[Jack V Savage]

probably b/c people like you loved to point out that the Stock Market doesn't really effect normal people w/o 401k or Retirement accounts

wages still rising, unemployment record lows, etc.....

None of that is relevant to my point. I'm saying that Trump cheerleaders were here claiming that the stock market was a good measure of the president's performance, but now that it looks really bad, they're not using that good measure to reevaluate their position, as you'd expect if they had a sincere belief in the value of the measure. I don't think the fact that you guys have changed on your position on the value of the information is surprising (in fact, I predicted the change long in advance), but it's still fun to point it out.

And wage growth has been very muted considering how far along this expansion is. It's a bit of a mystery (and note that I don't blame Trump for it).

 

[HunterSdVa29]

None of that is relevant to my point. I'm saying that Trump cheerleaders were here claiming that the stock market was a good measure of the president's performance, but now that it looks really bad, they're not using that good measure to reevaluate their position, as you'd expect if they had a sincere belief in the value of the measure. I don't think the fact that you guys have changed on your position on the value of the information is surprising (in fact, I predicted the change long in advance), but it's still fun to point it out.

And wage growth has been very muted considering how far along this expansion is. It's a bit of a mystery (and note that I don't blame Trump for it).

'you guys'?

why you do keep using these terms when they don't apply?

it's astonishingly odd
4% wage growth month by month last year isn't muted either, sorry

 

[Gutter Chris]

Odd Thomas books were good tho

No they werent .... they were some of his worst works. I was shocked at how much everyone else seemed to like them.

Watchers ia great. His version of frankenstein was awesome. Twighlight eyes is awesome and probably my fave .Dragon tears is a good one. The one with the demons in the rain was good i think thats the taking or taken or something.

 

[Jack V Savage]

'you guys'?

why you do keep using these terms when they don't apply?

You've never suggested that the stock-market performance showed that Trump was doing well?

4% wage growth month by month last year isn't muted either, sorry

Sure it is. Look at that same series over a longer period. The way it's supposed to work is that as labor markets continue to tighten, there should be more upward pressure on wages. This expansion has been going on for more than a decade now, and wages should be soaring, but they aren't. It's been a big mystery. Lots of people have been working on it. Here's a good recent story on it:

https://www.marketplace.org/2020/01/10/wheres-the-wage-growth/

 

[HunterSdVa29]

I'm spearheading a Career and Education expo for our area in two weeks
but A) people are already cancelling due to Corona, as many are flying from out of state
and B) Gavin Newsome just tentatively put a ban on public gatherings of 250+ people in Cali. We're Federal land technically, so not sure if that applies, but its not looking good

this is crazy, we've had this event twice a year for 19 consecutive years

 

[Gandhi]

This cuts deep
LOL

 

[PolishHeadlock2]

 

[Gandhi]

 

[Quipling]

Is it time to buy? I'm trying to put a few thousand in some destroyed stocks, but don't know if it's now or wait a lolitt longer first.

Imo, trying to time the bottom is just gambling. Check out the smart fellows in stonks thread who have already fucked up that way because Monday or w/e was totally the bottom. Term is "catching a falling knife"

Grain of salt, but I am letting my cash dollar cost average in to help avoid that problem.

 

[Prokofievian]

Imo, trying to time the bottom is just gambling. Check out the smart fellows in stonks thread who have already fucked up that way because Monday or w/e was totally the bottom.

They bought the middle like a bunch of jabronis.

 

[Rational Poster]

This cuts deep
LOL

I made it myself

 

[salamander]

The foster homes are so short staffed right now. I get called in last night and I get a roomful of high risk youth who haven't seen me in months all trying to give me a hug at once. Hygiene protocol is a peripheral concept at best to young males, but when you sprinkle a likkle autism and add a dash of fetal alcohol syndrome and some of these kids can barely wipe their ass.

Went through almost a whole 295ml of Purell since then. My hands are making Ashy Larry's look like Earthy Lawrence.

 

[tonni]

Stop trying to guilt Belgians into voting for their own interest Jack. That's not very nice.

Fight irl?

 

[Rational Poster]

Fight irl?

Sorry EU is off limits for America.

 

[PolishHeadlock2]

So we're about 700 points away from the Dow being lower than it was when Trump took office. You know what I haven't seen ? Trump cheerleaders who claimed to think that the stock market was a good reflection on the president's performance now reevaluating their assessment of him.

It's all going to bounce back at the right time

 

[Jack V Savage]

Ugh, that Africa thread. @Limbo Pete.

 

[Rational Poster]

So apparently the travel ban doesn't impact the EU countries where Trump owns resorts in.

That's pretty convenient.

 

[PolishHeadlock2]

So apparently the travel ban doesn't impact the EU countries where Trump owns resorts in.

That's pretty convenient.

That's because the President of Ireland has done a very very tremendous job with the virus

 

[luckyshot]

 

[PolishHeadlock2]