The Investment Thread (2 Viewers)

Saint_Ward

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Rumors that Amazon was looking into offering a live TV package as well, have now been confirmed.

Amazon creating live TV package - Business Insider
The rumor

https://www.amazon.com/gp/help/customer/display.html?nodeId=201975120

https://www.usatoday.com/videos/tech/2017/05/23/amazon-prime-now-let-you-watch-tv-live/102046756/

confirmed.

No details on the pricing or offereings yet.

With Amazon getting into this arena, pushing the boundaries on retail, cloud services, etc. I really do wonder how large they can grow. As long as they keep their laser focus on customer service, speed and cost, I think they can do a lot.

I'm very glad I was able to buy a few shares a while back while it was trading in the $700's... or course, I wish I did this a year or two before when they were in the $400-500 range. Wow.

Today they hit $998/share ad are now hovering around $996.
 

efil4stnias

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I understand the need for the Feds to relax the penalty for early withdrawal from retirement funds, but I wish they also relaxed the limit for IRA contributions.
if you understand that the "Stimulus" was to enable folks to dip into their retirement to help them "bridge the gap" because their particular industry has been hit hard, you can also understand that it wasnt designed to allow others in a separate industry, that isnt affected, to increase their wealth.

The stimulus was designed to help folks now, not 20 years from now.
 

LonghornSaint

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if you understand that the "Stimulus" was to enable folks to dip into their retirement to help them "bridge the gap" because their particular industry has been hit hard, you can also understand that it wasnt designed to allow others in a separate industry, that isnt affected, to increase their wealth.

The stimulus was designed to help folks now, not 20 years from now.
I totally agree, and did not mean to come across as callous to their situation.
 
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This guy doesn't seem to see any good news for a few quarters. He's been conservative in his estimates and models so far. He makes some good points. I'm sure there's another side to the story as well though.

 

bclemms

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This guy doesn't seem to see any good news for a few quarters. He's been conservative in his estimates and models so far. He makes some good points. I'm sure there's another side to the story as well though.

I've seen a few models and these models are finally getting somewhat accurate now that we know more about the disease and how different social distancing measures impact spread. Still some struggles since our data isn't overly reliable given the lag in test results and limited testing based on the population. So basically there are a few ways to get cases down to near 0 using stay at home orders. There are some suggestions that it takes 49-71 days to get down to 0 cases but that is also with a lot more strict approach than we've been taking. Using summer as a buffer, you can also break those two stay at home orders up into two 2-3 different periods with 7-10 day gaps without increasing the curve or length very much.

Without getting the number of cases to near 0 then we'll be in and out of shutdown until next summer. Even if we get cases to near 0, it only takes one idiot or cult/church to really screw things up. So no matter what, the economy isn't going to be "turned back on" for at least 6 more weeks and it's more likely to look like a generator turning back on than a full grid lighting up. If we were going to try and get to near 0 cases then we would have already shut things down. I'm guessing we're going to have what looks like rolling blackouts on the economy for quite some time and the only thing that is going to solve it is a treatment, vaccine or herd immunity. Testing for covid and antibody tests are by far the most important thing we can do outside of finding a treatment or a vaccine. For that reason, I am short the market still. The next 20 days are going to be daily death tolls in the thousands and sentiment is going to be really bad. The next $2 Trillion bailout is going to be the next thing to prop the market up but we can't keep doing that every 4-6 weeks without risking serious damage to the dollar and our national security.
 

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