Comments by "Ray Bod" (@raybod1775) on "CNBC Television" channel.

  1. Bannon sounds extreme, but he's not. He's a realist.
    436
  2. They won't stop oil war until U.S. shale industry is bankrupt.
    41
  3. Renters have learned from Trump. "Okay, sue me"
    38
  4. I upped the playback speed so I could listen to everything. He's surprisingly knowledgeable and straightforward. He's honest about needing to tax the rich and help the poor. He's right about climate change. Greenland had some rain over the winter, Siberian permafrost is starting to release vast amounts of methane, these are the feedback loops climate watchers have feared. Feedback means warmth causes more warmth, melting causes more melting.
    27
  5. The Fed is doing what they want, legal or not.
    26
  6. Iran did not attack the U.S.
    23
  7. Saying "democracies are harder to govern" is another way of saying " the wealthy self-serving ruling elite is having a harder time keeping the 99% ignorant of how the 1% who bought governments so they pay minimum taxes while getting the maximum protection of their own wealth at the expense of everyone else"
    17
  8. Republicans won't give the average American money without the wealthy getting more. How about a flat $1200 for everyone first. Work out the rest later.
    11
  9. "too many companies have too much debt" Isn't that the real problem? Drillers gambled and lost.
    11
  10. Brandon Rossi The system now is robbery of the poor and middle class. Billionaires who do everything to avoid taxes are also refusing to support the government that protects their wealth. They need to be forced to pay taxes like everyone else.
    11
  11. Federal Reserve can either raise rates until inflation and economy crash to get a restart, or inflation will go hyper and economy will crash. Real inflation is at 16%, does anyone see any prices for anything not going up?
    11
  12. Welcome to Republican Communist Party. Socialism for all, especially their wealthy friends.
    11
  13. The economy never fully recovered from 1974, 2001, 2008. The U.S. economy always gets weaker as China gets stronger. Inflation gives the illusion the economy recovers. For the average worker, things always get worse. Pensions and benefits have gone to nothing, debt has gone crazy from student loans and obscene credit card rates. Laws are passed to benefit Wall Street along with the Federal Reserve backstopping poorly run banks and corporations.
    10
  14. A couple months too late. The virus is likely in every continent and most countries in the world.
    9
  15. Boeing can go bankrupt like GM in 2008. GM didn't disappear, it was reconstituted. I say I'm an eligible company, give me a billion dollars.
    8
  16. Did he pay taxes on the gift?
    8
  17. Republicans should listen to Trump and not vote.
    8
  18. What a lie. I live in Chicago. There are long lines to get virus testing and no antibody testing in Chicago.
    7
  19. There won't be layoffs except in the cruise industry, convention, airlines, travel, hotels, retail, auto and certain manufacturers dependent on Chinese parts. Well, let me add construction. Everyone else will be safe for a few more weeks.
    7
  20. Looks like all these companies taking on debt to buy their own stocks was a bad idea.
    7
  21. Cramer is such a joke.
    7
  22. Communism in an unprecedented scale. The government picking winners and losers in business. Free market capitalism is dead.
    7
  23. Death toll will stay low only if economy stays on lockdown.
    6
  24. A 20% rise in rent and housing prices translates to 5% in official government figures.
    6
  25. Germany did the same thing after World War I when they had deflation, fixed deflation good - hyperinflation.
    6
  26. Worldwide slowdown, Brexit and trade war is what's different this time.
    6
  27. I'm old; I invest for fun and to leave my niece rich someday
    6
  28. We had a war, that's what destroyed the economy.
    5
  29. Make it illegal to short stocks?
    5
  30. Speculative rise in the price of oil, otherwise known as a "bear trap."
    5
  31. Trump is having a trade war with China and is starting a war with Iran. Right, great advice.
    5
  32. Nobody is forced to buy an iPhone. Android is available to anyone.
    5
  33. You mean like mosquitos?
    5
  34. Weren't they saying how good retail sales were around Thanksgiving?
    5
  35. Everyone in the U.S. gets to pay in inflation or taxes this $2.2 trillion plus what the Federal Reserve is doing plus the $1 trillion dollar yearly budget deficit. That's $6,600 for every person in the U.S. for this bill plus $3,000 for the annual budget deficit and double that for what the Federal Reserve is doing. We are all $18,000 per person in further in debt.
    5
  36. You're such a selfish peasant. How can CEO's and Wall street make hundreds of millions if they give peasants a break? I mean... if they don't rip people off.
    5
  37. Yellen is lying. How can she ignore monetary policy in creating inflation? Under 1980 calculations they used to use inflation is at 13%. They seem to be ignoring shrinkage where people buy less packaged product for the same price. There’s been about a 30% increase in the price of gas.
    5
  38. Apple has a monopoly on its own product line, like doesn’t that apply to every company’s product line?
    5
  39. Shrinking portions at stores for the same price, major appliances and building supplies are up 20% in the last year. Home, auto, food and gasoline prices are higher. Of course, Powell sits in a chair, reads reports, has lots of money and never buys anything wouldn't notice.
    5
  40. It's immediate. This is not a normal crash.
    4
  41. Malls can issue bonds, stocks or go out of business, it's the way of capitalism. The Federal Reserve and banks apply liquidity.
    4
  42. How many mistakes does Trump have to make for some stock promoter to admit Trump constantly screws up and he's effecting the economy badly? Does any of these guys look back in stock history to see that the Fed always cuts rates as stocks collapse in value?
    4
  43. Goru Minosyan End the Fed involvement in the repo market, that's corporate welfare.
    4
  44. There is no Saudi or Russian oil sold in the U.S. The problem is the crash in domestic consumption. U.S. oil producers are destroying themselves.
    4
  45. You made this up.
    4
  46. There's a need for corporations to go into bankruptcy. They borrowed and bought their stocks to jackup stock prices instead of building reserves. Let them go under like GM in 2008 and restart as a new corporation. If the banks lose too much, they also go under and the Federal Reserve will take them over. Investors need to lose from bad decisions or we're another form of Marxist society.
    4
  47. Can we really believe any statistics out of the Trump government?
    4
  48. Maybe there's some software where we could put a clown outfit on him while he talks and waves his hands. He really sounds messed up, like an alcoholic.
    4
  49. She's right about opposing socialist welfare for the wealthy corporations like Amazon.
    4
  50. Slippery slope like income taxes, eventually will hit all of us.
    4
  51. Michael Deierhoi The politicians were paid off all those years, just like with the bailouts in 2008 and today.
    4
  52. No more corporate bailouts. They stole our money in 2008 and they're out to steal more this time.
    4
  53. Republicans have been the big deficit spending party since Reagan.
    4
  54. Globalists are the .1% who don't care about anything but giving themselves more money. They have no sense of loyalty to their own country.
    4
  55. Of course they're plugging stocks, that's how they're rich.
    3
  56. Costs too much in U.S. to make products because CEO's are way overpaid while the creative product people are underpaid. The Chinese did what the Japanese did before them... high tech education followed by copying existing products, then make cheaper, then make better products.
    3
  57. I believe capital gains should be taxed as ordinary income. As a matter of fact, I believe there should be a flat tax, no write offs and let the markets decide.
    3
  58. Mohamed is too optimistic, or maybe he doesn't want to admit to himself how bad things will get. If the Federal Reserve keeps buying everything, we will essentially become a communist country where the government (Federal Reserve) owns everything or has its fingers in every aspect of business picking winners and losers. Right now the Federal Reserve is at the edge of losing complete credibility. When credibility is lost, the dollar will collapse and be dumped as the reserve currency. Then the U.S. will have a worthless currency and we will never recover.
    3
  59. More money for speculators to drive markets up and down. Fun, fun, fun. The Federal Reserve hasn't figured out yet that they're causing more instability in all the markets.
    3
  60. vietimports Actually, not. In 2008 India had little debt and wasn't so badly effected. China pulled itself out and was kind enough to absorb the inflation the Fed was causing, which it won't do now. In reality, China has a much larger physical economy than the U.S. has. The U.S. has a huge finance sector which produces nothing and absorbs too much wealth out of the economy.
    3
  61. She could devalue the original songs by making a more modern version or offering a better deal for anyone who wants to use a version of her song. Taylor Swift really has substantial control over the value of these old songs and can be as nasty as she wants to be.
    3
  62. daniel li I'm old enough to have lived through the history of Chinese development and the middle class and poor getting screwed in the U.S. You obviously have no idea how almost everyone in the 1970's had a decent pension, social security and students graduated with almost no debt. Yes, a lot of stuff cost more relative to people's incomes. I don't fault China.
    3
  63. Where is the Indian modern public transportation and efficient farming sector?
    3
  64. Countersuit against lawyer for costing Tesla money.
    3
  65. So what? That's how capitalism is supposed to work. It's not like the oil or equipment will disappear. New U.S. drilling companies will form after the price of oil goes up again.
    3
  66. Reckless dollar creation by the Federal Reserve is causing inflation to go up higher than salaries and productivity. Federal Reserve is run by financial idiots or only care about pumping up the stock market.
    3
  67. Trump is the one who refuses to put professionals in charge and follow the recommendations of the professionals.
    3
  68. Something like that
    3
  69. Cheap money in the US keeps marginal companies going and people are more likely to borrow more to keep spending. It's all fine until demand slows down like in 2008 and the economy collapses.
    3
  70. Trump is a real socialist. What happened to free market capitalism?
    3
  71. It's like a Trump real estate deal... bankruptcy.
    3
  72. Sam Spiller U.S. is self-sufficient in oil. We were not attacked. Saudi Arabia needs to take care of its own business.
    3
  73. Canada looks better every time a Republican gets elected in the US.
    3
  74. As a lifelong loyal Democrat... time to switch parties. Democrats are too far off the deep left and entering la la land.
    3
  75. Elon Musk has teams creating products. That sort of collaboration requires the team to be together in the same room on a regular basis. It doesn’t work well via work at home software.
    3
  76. Theaters aren't going anywhere. If they all go bankrupt, someone else will come along, buy them and restart the theaters. As a matter of fact, that applies to all these whiney corporations. How about cutting credit card rates?
    3
  77. You don't understand about vaccines. This partial virus does not replicate.
    3
  78. Does the Chinese government know the virus mutates because it escaped from a Chinese lab? Is that why they know where it came from and the extreme response?
    3
  79. Trump or Xi?
    3
  80. The Fed's job is not to maintain stock prices. It's to maintain the value of the dollar and employment.
    3
  81. Korn Pop Obama hasn't been President for years. Trump has been president for years. Move on.
    3
  82. Trump supporters, don't believe this. Put your money in stocks and load up the credit cards. Everything Trump is all right.
    3
  83. Don't want war, don't start a war. Iran did not attack the U.S.
    3
  84. The future is electric, car companies in Europe will be coming out with interesting electric models within two years.
    2
  85. Did you think stocks were like a magic casino that always paid out?
    2
  86. The Fed is not there to protect investors, it's to protect the value of the dollar and the economy
    2
  87. SB Real estate is not a magic money machine. Investments go up, down and sometimes fail. Did no one learn anything from 2008? I grew up in poverty and once had to put cash in envelopes to not spend so I could get out of debt. I put all my money in stocks in 2008 and got out last year because I could see the bubble in the market and excessively high PE ratios and too much debt by government, businesses and individuals. Sorry, I have absolutely no sympathy whatsoever.
    2
  88. Wolf German numbers showed 15% of a town with a severe outbreak had Coronavirus antibodies.
    2
  89. Powell got his degree in politics. He’s not an economist and not a business person. Powell is a politician.
    2
  90. I love the word Zombie... "zombie activities". It's so appropriate to what these excessive low interest rates do to a capitalistic market. Zombie businesses, zombie loans, zombie banks... the walking dead are really exist, created by central banks that afraid of a recession to clean things up.
    2
  91. Farming is a business like any other. We need clothing, cars, homes, etc.
    2
  92. Republicans are the big deficit spenders. Clinton was the last President to bring the budget in balance.
    2
  93. He talks reality, very little good news.
    2
  94. Jim B True, when we run out of stuff to sell, the dollar will collapse with nothing to prop us up. We started out the greatest creditor nation in the world with great paying jobs and pensions before Reagan and the Republicans took over, now we're the greatest in debtor nation in the world with few pensions and less great paying jobs with our economic size dropping from #1 to #3 after Europe and China.
    2
  95. Total Fed balance sheet at $9 trillion.
    2
  96. You're asking the same traitorous elite wealthy class who sold out the American economy to China to correct things for the American people? The same class that got their taxes cut without giving up their tax breaks. Or maybe your asking the Washington political elite to give up funneling contracts to themselves so we can rebuild America instead of starting more wars for the contractors sake. Keep dreaming my friend. It ain't gonna happen.
    2
  97. Software runs modern aircraft. Better software and safety features will make flying safer. It's unfortunate it did not happen at Boeing.
    2
  98. Now 500 billion
    2
  99. Sadad is right. We in the U.S. are part of international trade or we're not. We have lost so many industries to other countries because they could produce products cheaper, why should oil producers be immune? They can't compete, they go out of business.
    2
  100. Only if you don't take political, economic and security into consideration. The US and China have totally different political systems. Trade with China has hurt the middle and lower classes by forced competition with poor Chinese. Chinese forced transfer of knowledge from US firms if they wanted to use cheap Chinese labor, eliminated firms economic advantages they once had over China. Now thanks to all that economic and technology transfer to China, they are a greater military threat to the US. So in reality, the US has lost everything to China and only the 1% really gained from open trade with China.
    2
  101. I'd rather drive a BMW.
    2
  102. No, look at income taxes.
    2
  103. Not enough money in the U.S. to save everyone. Corporations can issue bonds and stocks, they should also have reserves and bank lines of credit. Only help the small businesses, laid off workers and poor.
    2
  104. The Federal Reserve needs to normalize the monetary system. P/E ratios have not returned to historical averages. The problem is stocks are inflated and the Republicans are pushing huge deficit spending.
    2
  105. Both parties are utterly corrupt and play game of pitting socialist left against socialist right while both steal all they can.
    2
  106. The trade war with Communist China seems to increase jobs in the U.S. Maybe the U.S. showing backbone in trade seems to be doing good for the U.S. And I don't like Trump.
    2
  107. Cramer needs to wear a clown outfit.
    2
  108. American stocks are a desperate move by people all over trying to get some return, which is always a setup for a panic. Foreigners normally are the last ones in the American market before a crash. Stocks owners are like people jammed in a crowded theater with one working exit. When enough people start leaving for the exit, everyone will try to get out at once.
    2
  109. Trade always foretells the future of the world economies. A drop in trade reflects the reality of the worldwide economy - the cumulative decision making of all businesses and customers.
    2
  110. All Trump cards are jokers from a different deck
    2
  111. Bankruptcy is part of our system. Let bankruptcies happen.
    2
  112. Welcome to the new Republic of Communism where everyone owes everything to the government.
    2
  113. Not exactly. We could both live better with each other cooperating better and having a regular airing of grievances instead of this Trump drama.
    2
  114. Some state must be first to open, glad its not mine.
    2
  115. You're probably right, but its not my money and Musk makes the world more entertaining
    2
  116. How about the government taking over all credit card and student loans from banks as 0% loans for the people.
    2
  117. What reality do you live under? The wealthy become wealthier with Chinese trade. They don't care about the U.S. or middle class, certainly not the poor.
    2
  118. The poor have high inflation because cheap products from China have gone up a lot from Trump's tariffs. Most wealthy see deflation on their multimillion dollar homes are worth less than years ago because of all the wealth going to the .1% and China.
    2
  119. Republican National Socialist Party. Capitalism is dead.
    2
  120. Is that why building supplies and major household appliances have gone up 20% in the last year.
    2
  121. The answer is for all Trump supporters and Republicans to fully support their President and stay fully invested in stocks.
    2
  122. The trade deal was a worthless publicity stunt.
    2
  123. Hot air can only heat up the market for so long.
    2
  124. Doesn't Boeing still pay a dividend, that should be the first to cut. If Boeing can't issue enough new stocks and bonds to survive, let the Boeing go bankrupt and they'll be restarted as a new entity, just like GM was in 2008. The precedent was set in 2008. GM was more important than Boeing. GM was recreated as a successful entity. This is a capitalist system, right? We're not a welfare system, right?
    2
  125. Boeing can go bankrupt like GM did the 2008 crash. It can get reestablished as a new corporate entity and workers (not top mangers) will get their jobs back when the economy turns around.
    2
  126. People will all react in unison to stop spending, businesses will quickly lay people off and economy will crash as it always does.
    2
  127. If India was so full of brilliant people, it won't be so screwed up with the best and brightest coming to the U.S. Any war between the major nuclear powers of the United States, Russia and China is called Mutual Assured Destruction for a reason.
    2
  128. President Trump only cares about himself.
    2
  129. All Republicans need to support Trump and the economy by being 100% invested in the stock market
    2
  130.  @imandan1966  Not nonsense. Maybe you have nothing in common with the bottom 60% of Americans.
    2
  131. Wrong. Fed policy is to prevent the wealthy from losing money.
    2
  132. J Lons Which taxes? They pay a small percent of Medicare tax, Social Security tax, sales tax, utility tax, gas tax and probably a lot of other taxes. What about big corporations like Amazon that pay little tax? I've never seen a figure that lists the total taxes paid, always income taxes.
    2
  133. Eli Hren Excuse me, but who do you think is lining the pockets of these politicians with money, special deals and jobs after they're out of office? Or ex-Presidents who get up to $500,000 for a speech or millions for book deals? Why do you think they get tax breaks and taxpayer funds for their corporations and businesses? Yes, things are that crooked.
    2
  134. Marijuana smoking kids in US about 40%, marijuana smoking kids in China 0%. Who wins the future?
    2
  135. Farzana Patel Government spending is about 40% of the U.S. economy. The money is being spent on protecting banks and investors; subsidizing farmers and drug development, paying outrageous amounts to government contractors. Take a look at the federal budget and see where the money gets spent. Then take a look at the complex tax laws with lower taxes for capital gains, dividends and caps on taxes for social security and Medicare so the wealthy pay a smaller percent of taxes than the average worker.
    2
  136. The comments people leave really tell the truth. I kept copies of the comments from the 2008 crash and they were amazingly correct.
    2
  137. Trump folds as usual.
    2
  138. I like Chinese food, does that count?
    2
  139. Dan Ferguson China got great trade deals and business deals where companies like GE moved manufacturing to China to boost their profits for a few years then lost control of their technology to Chinese companies who proceeded to complete against GE. It's the fault of near term thinking of Wall Street management and investors. The chickens have come home to roost.
    2
  140. Defer simply means people going in more debt.
    2
  141. Michelle Clark You are full of BS. Nancy is the one fighting for individuals. It's the Republicans demanding money for businesses.
    2
  142. You must be talking to executives in corporations, because the Democrats are trying to help workers.
    2
  143. Farmer welfare queens should get nothing. Let farmers go out of business like any other business.
    2
  144. Bankruptcy is the only legitimate solution for failed corporations in a capitalist system.
    2
  145. Trump will build a wall the likes of which you have never seen to keep the Coronavirus out.
    2
  146. Robert Sarno China has a physical economy bigger than the U.S. monopoly money economy. We are so screwed.
    2
  147. Upper class counts and their investments must be protected!
    2
  148. Today.
    2
  149. Federal Reserve created trillions of dollars when we had shortages of goods which got inflation going into double digits. Federal government is too big and has an annual deficit in trillions of dollars which will continue to create inflation. U.S. economy is dependent on manufactured goods from and a trade deficit with China, that adds to inflation. Interest rates are below inflation rates, that also keeps inflation going. Some products increasing by 25% to 50% from a year ago as new inventory comes in. Wage increases are not the problem and are averaging below the inflation rate.
    2
  150. Somebody has to do this and its not that easy to do it right. Processing and data has to be tested and validated, unless you want a Boeing MAX moment.
    2
  151. Not scapegoating, just saying United States needs the leadership to stand up for itself and its people.
    1
  152. That was true in 2008 and that's true now. It's all about keeping the rich happy and keeping everyone else in their place
    1
  153. Too bad the market wasn't allowed to bottom out because it clears out all the excesses in the economy. The Fed is really just helping the largest corporations to preserve the status quo. Heard of moral hazard and free markets, doesn't sound like it. We in the middle class will pay for all this money creation when the economy recovers and there will be too much money chasing too few goods, inflation.
    1
  154. Trump, his family and friends may be making fortunes in the shorting the markets before every tweet
    1
  155. Trump and his friends know what the next tweet will be so they are getting richer with every tweet.
    1
  156. Unlikely low inflation because food and gas prices keep going up.
    1
  157. I believe this deal is honest as its master Donald Trump.
    1
  158. Russia may unload gold because of low oil prices.
    1
  159. People will have unemployment. Unemployment insurance can be expanded and extended. Welfare rules can eased. Local and state governments can be given more money from the federal government. No one in the U.S. needs to starve unless the Republicans only continue welfare for the rich. Everyone does not need a check, I don't need a check, that's ridiculous. Corporations can issue bonds and stocks. If not, they should go bankrupt and can be recreated like GM was in 2008.
    1
  160. Justice Hussein The debt/poverty crisis started under Ronald Reagan and has continued to get worse as debt has grown faster than GDP. That's the fault of Congress with cutting taxes and spending more money done by both parties. The current liquidity crisis started before the Coronavirus outbreak when the Federal Reserve got involved in the repo market. It's really the Federal Reserve's fault for allowing too much cheap credit. As for new loans, there are so many people becoming unemployed and so many businesses going under, it's unlikely there will be many loans to be made for a while.
    1
  161. C&G/G&C Not true. Clinton brought the budget into balance so the Federal government would no longer compete against private companies in the capital markets.
    1
  162. Politicians do have a choice to stop overspending money that’s not there and pass a balanced budget.
    1
  163. Aquarius Inyourface They are testing for COVID virus, but the tests have flaws.
    1
  164. Saudi Arabia has lots of money and can produce oil at $10.
    1
  165. It's Congress that screws up everything, they pass the budgets and laws covering businesses. The Fed is charged with putting bandages on the economy.
    1
  166. Venezuela is backed by oil, too.
    1
  167. China is knocking down corporations that threaten the Communist Party by getting too powerful.
    1
  168. You must have missed the last election, Trump has been president for years.
    1
  169. It's naive to think your entire company's secrets won't be stolen remotely. It's hard enough already to keep trade secrets, research and development.
    1
  170. It's the Federal Reserve that did it.
    1
  171. I'm an old white guy. The number of smart Chinese and Indians reflect their population, dedication to hard work and education. So that's 6x number of people, 2x education, 2x hard work and 4x for not using drugs like white Americans. My math says there are about 96 Chinese and Indians for every single successful white American.
    1
  172. No, moving to Chicago was a desperate move because they absorbed bad management from Lockheed.
    1
  173. Cheap borrowing is only going to those that have the financial means to borrow.
    1
  174. 25% of all homes are owned by investors. Eliminate all tax write offs for single family homes except for builders and homeowners living there. Housing crisis solved.
    1
  175. This story is a complete fabrication. Elon Musk saved Ukraine by providing Starlink to Ukraine. He also does military launches for Department of Defense and NASA which require high level security clearances.
    1
  176. Amir Prince Low inflation is a disguise for higher inflation and allows for the government to get away with more inflation and deficit spending. Daily cost of living inflation for the poor and middle class is always higher than official figures. Zero inflation would require a balanced budget, balanced spending and fair taxation. How could politicians support the ultra-wealthy and politically connected if things were fair?
    1
  177. When there's a panic, wait, wait, wait. Things are only beginning to get bad.
    1
  178. Betsy Bird Airlines are essentially bankrupt.
    1
  179. Isn't that what JimJones did?
    1
  180. U.S. needs to stop supporting the World Bank. The U.S. needs to show more backbone than it does.
    1
  181. I guess you know, our economy in the U.S. would collapse. Besides, I believe this is all about Trump, his family and friends making fortunes in shorting the markets before every tweet or action.
    1
  182.  @charleschen7764  Fed only exists by an act of Congress, it always does what it’s told.
    1
  183. The middle class will be paying the bill for all of Trump's and Federal Reserve's handouts to the wealthy banks and corporations.
    1
  184. HolyBarbarian Thanks for the future stock tips
    1
  185. There is no credit risk. There are no fundamentals. The Federal Reserve created 3 trillion dollars in the last 6 weeks. That's all that matters.
    1
  186. Eddy Winata I will grant you that not all wealthy are selfish and actually care about their company and employees. You are right that businesses have become aware that costs of doing business in China may exceed any potential profits. As far as stocks go, the pattern of large swings is typical for a market that has peaked. The news about trade talks is totally made up and don't believe any of the swings have anything to do with the news. International trade is critical to the U.S. economy and these figures are plummeting. Manufacturing, housing and auto sales don't look good. Services and government deficit spending can't sustain the economy. I don't think we are heading for a 2008 style crash, more like a up and down malaise like in the 1970's to 1980's.
    1
  187. The only thing the economy needs is to allow these poorly run corporations to go bankrupt, extended and enhanced unemployment and welfare. The federal government can also give payments to local and state governments.
    1
  188. AI is amazing. AI can help write programs, do art, assist in learning anything. I wouldn’t want to be in a call center, most of those jobs will be replaced by AI within 2 years.
    1
  189. Dude has no knowledge of the auto industry.
    1
  190. The oil won't disappear in the U.S. The price will eventually get high enough for U.S. drilling to become profitable again.
    1
  191. signalfire6 Oh no, Trump needs to hold lots of massive rallies with his supporters. We need our dear leader out among the biggest crowds possible. They meed to prove their faith is stronger than any pandemic.
    1
  192. jerzy chroscicki North Korea exists because of Chinese support and is is a proxy state for China. North Korea is working hard to threaten South Korea, Japan and the US. There is also internet attacks, threats of cutting off strategic materials and threatening sea lanes. China claims the entire South China Sea and threatens US allies sailing through those seas. Maybe we should ask Tibetans how they liked having their country invaded and taken over by the Chinese. Get real.
    1
  193. Jonny B I know Ralph Nader was key to Bush being elected which led to the war in Iraq and crashing the global economy in 2008.
    1
  194. Low gas prices help the majority of Americans. It's oil producers, energy investors and producer states like Texas get hurt.
    1
  195. Biden is such a zero, less backbone than President Carter.
    1
  196. Maybe electric VW dune buggy.
    1
  197. It won't fail unless the Republicans block money for unemployment.
    1
  198. Nothing irrational. The Federal Reserve increased money by 2 trillion dollar in a month on top of the 2 trillion passed by Congress along with a trillion dollar budget deficit. 4 trillion dollars created in a month. That's equal to about a third of all the current economic activity in the U.S., soon the increase in money will be 50% of the GDP. Do you think anyone in the Federal Reserve has a clue how hyperinflation gets started?
    1
  199. Not just zombie companies, United States budget is a deficit zombie
    1
  200. Dave Forgot Give it two weeks oil for oil contracts to expire.
    1
  201. The only thing in play is the Federal Reserve creating 3 trillion dollars in the last month. That's all. The Dow would be at about 6000 if the Federal Reserve wasn't pouring money into banks and their investment firms that buy stocks. Aren't stocks inflated right now? What will the P/E ratio be after earnings report? There will be inflation other than stocks because there will be 20% more dollars by the end of the year chasing the 30% of goods the U.S. imports from the rest of the world without an increase in productivity or GDP.
    1
  202. Ναζωραῖος You are wrong. The FDIC protects bank deposits and recapitalizes banks after they go bankrupt. Bankruptcy is a part of capitalism and it allows new businesses to take the place of poorly run businesses. Demand drives new businesses.
    1
  203. Greatest stock market in history. Greatest economy in history. No bill is needed in such great times.
    1
  204. The companies you listed are retail, not services. I don't believe these businesses are sending $620 billion dollars of profits flowing into the US.
    1
  205. Germans though the same in the 1920's until their currency collapsed.
    1
  206. Not unless interest rates rise.
    1
  207. We've had about 100 years of practice in the USA, starting with deceiving citizens about every war from World War I to our upcoming war with Iran, 80 years of consumerism sales in print, radio, later in television. Lies about how lowering taxes for the wealthy would trickle down to the less well off. Lies about how trade would benefit everyone, in reality it benefits the wealthiest the most and causes the least educated and skilled to compete against the poorest of the world. I don't think China has the narcissist individualism that the USA has to ever be as good at deception.
    1
  208. There are many tells when we are near a turning point: 1) when more people fly because they feel it's safe enough to fly again, 2) global trade increases, 3) port traffic is rising 4) Auto sales are increasing 5) More real estate transactions. We are still in the down cycle and no where near that point. Anyone can figure it out before it happens. Be observant at auto dealerships if there are people coming in, stores for more new merchandise being sold, homes being sold. Same thing happened in 2009.
    1
  209. China is a communist dictatorship, are you guys kidding. They'll tell us what we want to hear and find other ways to stab us in the back.
    1
  210. No government protects bitcoin and people get them stolen fairly regularly. Eventually someone will crack the system and bye, bye bitcoin.
    1
  211. Be honest. The Federal Reserve created 3 trillion dollars in the last month that went to prop up the stock market. There is no economic reality. Imagine how much better the average person would have been if we all equally shared this money, about $15,000 per adult citizen in the U.S., so much for the government of the people. Since the Glass-Steagal Act (separating banks from investment houses) was abolished the Federal Reserve has been nothing more than a tool to create money for the investment arms of banks with the economy crashing about every 10 years because of it.
    1
  212. Republicans don't want the subservient class to get too much money. Impoverished people will be more willing to work for sub-minimum wage and complain less.
    1
  213.  @bobspizza7444  Both parties are 100% big and bigger government. Republicans have never cut the overall Federal budget when they were in charge. They both spend like crazy. Big government contractors keep getting richer and keep buying off both parties. Republicans never passed a balanced budget amendment and never froze the budget because they always want a bigger Pentagon budget. I’m simply an angry ex-supporter of the Republican Party. The Republican Party is not what they pretend to be, their rhetoric does not match their actions.
    1
  214. Deal or not, China will continue to move ahead of the United States. Too many American politicians and Americans are afraid of change and the future. The only exceptions seem to be in the biggest cities and California.
    1
  215. Deja vu all over again
    1
  216. Opec deal consists of desperate countries run by the most duplicitous politicians on the planet. The only questions are which countries will cheat the most, which ones won't implement the deal at all and when will this deal officially fall apart.
    1
  217. It's not the Fed, it's Congress. Congress passes tax laws, trade laws, spending bills and is the one with the massive budget deficits. The Fed is always playing catch up, that's it.
    1
  218. Powell got his degree in politics, no small wonder inflation is out of control and Powell does nothing but double talk. He’s the idiot that was behind creating trillions of dollars while our economy was shrinking and we had supply constraints. Anyone with the slightest understanding of economics would know that increasing the money supply while there is a shortage of goods would create high inflation. He and the Federal Reserve either doesn’t care or is too stupid to know the only cure for high inflation is giving value to the dollar by raising interest rates, reducing the money supply and creating a recession.
    1
  219. That's what this Democrat says to Trump supporters.
    1
  220. Stop giving corporations money, they can issue bonds and stocks. Simply cut a check for $1200 for each adult citizen.
    1
  221. Thomas Headley In what reality will private corporations be able to pay the Federal Reserve back for buying their non-performing bonds? Of course, what will happen is the Federal Reserve quietly writing off these bonds in the next couple years. A nice transfer of trillions of dollars from the working class to the wealthy stock owners.
    1
  222. Ronan Ryan I need to learn about bitcoin so I buy bitcoin instead of fake bitcoin.
    1
  223. $3.6 trillion is about $4000 check for every adult citizen in the U.S. Just give the money to the people and we'll have a rapid recovery and a better balance in the economy.
    1
  224. Sorry, China using all medical supplies so no masks, eventually everything else will be gone.
    1
  225. Democrats are the ones trying to help working people. The Republicans are the ones extorting money for corporations.
    1
  226. You're an optimist. It took the Spanish flu 18 months before it peaked out.
    1
  227. Congress needs to turn drug price executive order into law. Will Democrats support this or oppose it?
    1
  228. If Powell was removed, the dollar would crash and stocks would quickly follow.
    1
  229. Coronavirus 2% death rate x 300 million = 6 million American deaths in the next couple years.
    1
  230. If it happened, it's not amateurism. He doesn't know what he's talking about. A chip is a computer that can do more than simply send out data. A hardware hack can go undetected and completely undermine the integrity of operations depending on the sophistication of the chip and its software.
    1
  231. Hunter is not the man running .
    1
  232. Saudi Arabia is making money selling oil, unlike anyone else in the world, and has enough wealth to last for the next 5 years, more than any country except Norway.
    1
  233. And the big tech companies that have billions.
    1
  234. The Fed is the only institution keeping the America economy going and maintaining the value of the dollar.
    1
  235. ABC ABC You are in denial of how much socialism there is for capitalists. Why do you think the Republicans always run up deficit spending and crash the economy when they're in charge? There was a monetary crisis before the pandemic. It started when the Federal Reserve kept interest rate low to prop up the stock market, Trump cut taxes without cutting spending, then the Federal Reserve interfered in the Repo Market to bail out hedge funds. It would have all failed anyways.
    1
  236. Inflation is not being controlled and no indication the Fed will raise rates enough to control inflation.
    1
  237. Great news for anyone who believes in free market capitalism. The government deciding which businesses get bailouts and which don't was a mistake. This has been mostly a transfer of wealth from the middle class to the wealthy investor class. Stop dumping more debt on future generations. Let the corporations adjust to not having enough business. We can't keep pretending this will end in a few months. Corporations need to sell all that stock they borrowed money to buy. All the executives will also be getting a well deserved pay cut.
    1
  238. No. There's nothing wrong with tariffs. It's just the way Trump is doing it is all wrong and screwing up international trade and in turn the global economy (including the U.S.)
    1
  239. No, Boeing is not GE. What it is, about $10 billion in the hole for all the costs associated with its ground airplanes. IF there are no more problems with Boeing planes and IF airlines start ordering Boeing planes in time, it will be a good stock in the long run. It's very likely Boeing will be forced in the short term to cut its dividends and may need to take on more debt. The big problem is the management that caused its problems is still in charge.
    1
  240. Things will get worse. The economic impact of Coronavirus is only starting in the U.S.
    1
  241. There is no good stock analysis. It's all sales pitches or being too late to deny how bad their analysis was.
    1
  242. Trump has proven he knows nothing about economics or running a quality business, let alone the economy. He knows how to cheat, lie, posture, abuse contractors, abuse the bankruptcy system and use lawyers to intimidate people.
    1
  243. Edwin Depends, commercial renters could use it as a tactic to get lower rents. Others may be so broke they need to live until they get kicked out if their credit rating doesn't mean much to them.
    1
  244. More Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation, more Fed dollars, more Fed inflation…
    1
  245. A bank is protected from failure by the government, allowed to borrow money from the federal reserve super cheap, loan it to suckers for 15% more than they borrow it for and somehow can't make a bizillian dollars in profits. Don't we all want that scam?
    1
  246. Twitter will make a lot of money from next election.
    1
  247. Powell has a degree in political science, not economics. Why doesn’t someone ask why the Fed increased the balance sheet last week? Powell is lying again.
    1
  248. That's because the money goes to people with money instead of going to people who need money.
    1
  249. Stocks get overbought and oversold. Before stocks hit a peak, there's always a game of greed where people stay in stocks not wanting to give up that last penny they could make. Most people wind up losers. P/E ratios, length of recovery, bond rate inversion, trade war, transportation stocks dropping from their peak all indicate stocks are overbought and the economy will be going into a recession.
    1
  250. Bank exposure to WeWork, banks instantly lost over ten billion dollars in collateral because of WeWork failed IPO.
    1
  251. Republican National Socialism lead by Herr Trump, funded by his stooges in the Federal Reserve.
    1
  252. Ramesh Shenoy You're assuming the Fed and Treasury are not violating the law. I assume they violating the law without Congress passing a law for independent audits and severe criminal penalties for Federal Reserve members.
    1
  253. The Federal Reserve is doing its best with out of control deficit spending by the Republicans.
    1
  254. Joke right? Powell is the one that created all this inflation by creating trillions of dollars when there were supply constraints… lots of dollars chasing fewer goods.
    1
  255. No more government bailouts. Let the market decide.
    1
  256. Caused by Congress.
    1
  257. Mark Lots of areas have mosquitoes now, like southern California and the Gulf Coast in the U.S.
    1
  258. Albert Teng America has the strongest military at the cost of the health and welfare of its own people.
    1
  259. Amateurs borrow, professionals steal. Get used to it or go crazy.
    1
  260. Only when people keep voting for Republicans and people don't keep the Dems feet to the fire.
    1
  261. Don't you like living in a Communist world where winners and losers are chosen by the government? Free market Capitalism is dead.
    1
  262. Sounds like the basis of a great video game.
    1
  263. All public officials from all democracies need to stand against communism. It's a system totally antithetical to democracies. Where are the Republicans? Have they all sold their Republican souls to make a few dollars by supporting trade with Communist China?
    1
  264. Just give the cash to the middle class and poor.
    1
  265. It's hard to have deflation when a trillion dollars are created every two weeks by the Federal Reserve. Inevitably, this will lead to massive inflation when the economy turns around.
    1
  266. Disagree. Xi wants psycho Trump out and will allow the world economies to fall until the next administration.
    1
  267. john lee Xi eliminated his most powerful potential opponents. We'll see if China deteriorates to the point of his political opponents will being able to band together to depose him.
    1
  268. Panic is starting to hit the economy. Stocks have fallen for economic reasons because of supply chain disruptions and problems related to travel, soon the panic will set in.
    1
  269. Contrast between El Arian and Cramer makes it interesting.
    1
  270. Warren's tax plan is an initial negotiating position. Whatever passes will lighten the tax burden on the middle class and poor and force the wealthy to pay their share of the burden based on their wealth. That situation will improve the economy for the vast majority of Americans.
    1
  271. Stocks have never gone up in a straight line. Markets get overbought and oversold.
    1
  272. Trump supporters need to buy on the drop. Remember the last drop and a new high followed. Ignore all that nonsense that people aren't booking cruises because of the Coronavirus and the travel and tourist industry is going down. Supply chain disruptions from China putting half its people in quarantine is also fake news.
    1
  273. Captain Prototype My investing notes say WAIT, WAIT, WAIT if there's a panic, so no, I've been out. I knew I left something out of my comment... like I hate Trump!
    1
  274. Durbin should grow a spine and have 2 trillion dollars straight to the adult citizens in the next bailout. That's about $4000 per person, no exceptions. That is the best way to restart the economy.
    1
  275. Fed created 9 trillion dollars of inflation. Fed lies about inflation, it’s really at 16%. If there were economists instead of stock investors in the Fed, they’d know that money velocity will accelerate as the economy opens up from the pandemic causing more inflation. War in Ukraine has almost no effect on inflation in the U.S.
    1
  276. We lose if we do nothing
    1
  277. Federal Reserve is a joke and it’s run by corporate clowns who feel their only job is to support stock prices while the rest of the economy and country go down in the flames of inflation. Federal Reserve needs to be reconstituted as an agency under the Treasury with severe penalties for insider trading and no former investment bankers.
    1
  278. Money that goes to corporations is a bailout.
    1
  279. Boeing will not be reformed until there is new management running Boeing.
    1
  280. vcash Trump is the Super Deficit Spending Republican President.
    1
  281. Kevin Costner Income taxes, not all taxes, stop your nonsense.
    1
  282. Kevin Costner Trillions, right. Capital gains and dividends are taxed below regular income tax. Inheritance is close to tax free income. Social Security money is not welfare since its not supplemented by any taxes outside social security taxes. There's no reason Medicare taxes should be capped. You don't like taxes. I don't like farmer welfare payments, excess military spending, useless wars, overblown Pentagon projects and most of all, off the books spending that's totally unaccounted spying and black ops in the budget.
    1
  283. Kevin Costner There is no one for one in taxes and benefits, just as there is no one for one in insurance payments and benefits. We'll disagree on this one. I don't want to see old American citizens starving because they were financially stupid. At the same time, I don't want to give benefits to immigrants who didn't fully pay into the system either.
    1
  284. Kevin Costner Everyone paying the same percentage of taxes isn't going to bankrupt anyone except people who spend too much.
    1
  285. MCAS idea was fine, going cheap on software and hardware development was virtual insanity.
    1
  286. House needs to work on the economy. Censure and move on. Pelosi didn't get the hint by losing House seats. If she continues to screw up, the House will go Republican next election.
    1
  287. It's naive to think your entire company's secrets won't be stolen remotely. It's hard enough already to keep trade secrets, research and development.
    1
  288. It's the fault of the Board and executives running Boeing into the ground.
    1
  289. Jim Grant focuses on the Fed, but also needs to focus on growth in government fueled by massive deficit spending.
    1
  290. U.S. does military exercises against Russia and North Korea on a regular basis, no wonder both countries go crazy against the U.S.
    1
  291.  @robertplatt1693  Nothing keeps prices down for consumers. Dollar stores already announced they need to sell items for more than a dollar. There shrink-flation, less for same money.
    1
  292. China must have at least 10 times more engineers to develop products. China will only be hit for a few years before accelerating ahead of the United States, just like Japan and Germany did with technology.
    1
  293. Fed should do full point increases until inflation drops, but it won’t.
    1
  294. Ackerman is nuts.
    1
  295. Banks should go bankrupt. Savings are covered by FDIC insurance.
    1
  296. China is becoming more like totalitarian North Korea everyday
    1
  297. BigCooter.com Just read your comment about Tesla. Things looked a lot worse for Tesla a few months ago when I was a skeptic. Since then, Tesla has come up with the most advanced AI computer for self-driving vehicles. It also is consistently racking up millions more data miles for self-driving than anyone else in the industry. It's self-driving is consistently more advanced than anyone else in the industry. Battery costs have dropped dramatically. Watching Tesla is like watching the take off of the first successful trans-Atlantic flight, or maybe Amazon coming back up from the 2008 crash. I would not be surprised if every auto company would be using some, if not all Tesla technology in 5 years.
    1
  298. Dan Ferguson Nothing is stolen once the patents run out, then technology is free for all.
    1
  299. Dan Ferguson Large corporations steal technology all the time in the U.S. That's why there are so many lawsuits and multibillion dollar settlements. The little guys simply get their technology stolen and must settle for half at best because they can't afford a long protracted fight. That's how and why 'patent trolls' got started. They bought the patents from the little guys and had the resources to sue these huge corporations. The little guys got some money, then could see some justice by the big corporations having to pay huge amounts in settlements, even if they didn't get a part of it.
    1
  300. Republicans fighting for wealthy to get bailed out and stick the bill to the middle class, as usual.
    1
  301. No, when the Democrats win the Federal Reserve stops creating the trillions of dollars that are keeping stocks rising.
    1
  302. The Spanish flu was identified in 1917, became pandemic in 1918, continued until 1920. This may not be done until 2023, based on history.
    1
  303. Don't be too quick back in the market, the virus has to work through the U.S. economy. Wait for the bottom to fall out of the travel industry and Boeing.
    1
  304. Never trust free advice. Normally do the opposite.
    1
  305. Mitch is doing the will of the Republican Senators and their wealthy supporters.
    1
  306. kyle harwood That's what the Republicans used to believe before Nixon, then they sold out.
    1
  307. Lore Strahan I was being sarcastic. The wall doesn't keep out the majority, which are people who overstay a visa.
    1
  308. It’s seems the main reason the Federal Reserve is causing inflation is to sabotage the Democrats spending bills. People are blaming Congress for inflation so there is increased opposition against a spending that helps the middle class. The real reason for inflation is the Federal Reserve keeping interest rates below inflation rates.
    1
  309. Democrats should propose doubling the standard income tax deduction. That would help the earners at the bottom half the most. Democrats could be like Republicans, just run the deficit higher and don't worry about paying for it. It would get a lot of votes for the Democratic Party.
    1
  310. If increases in prices continue to spread across all goods, real prices for everything will double by the end of 2022.
    1
  311. The technology industry in California became rich and leads the world because of failure. Tech companies try and fail and try and fail and eventually find the best way to create a great company. Companies need to fail to make room for more efficient and better run companies. If the Republican Party really believed in capitalism, they would not be supporting all these bailouts for corporations. Notice there are no tech companies going hat in hand to the Federal government.
    1
  312. All the major catalogs were shut down by Sears, Wards, JC Penny, etc. by the time Amazon started up, so Amazon didn't have competition like Tesla has competition from the automakers
    1
  313. What a joke! Let Canada try to export farm products, coal or steel to EU.
    1
  314. Venkat Pisipaty There won't be any agreement with China. Trump's been played. Chinese companies will stock up on chips and other essentials from the U.S. for the next three months; then the real fight begins.
    1
  315. Reposition to what? We have a liquidity crisis, financial crisis, supply chain crisis, economic lockdown crisis, health crisis, unemployment crisis and a rolling crisis of shortages of critical goods.
    1
  316. Cut the same check for everyone or don't cut a check for anyone. No individual or corporation should get special treatment.
    1
  317. I make money shorting stocks.
    1
  318. Don't try to catch a falling knife
    1
  319. Muhammad Ali Economic reality is taking over the stock market.
    1
  320. Screwing up trade with China seems to be creating more American jobs for the working class.
    1
  321. Tesla needs to write better software that has rules to prevent AI from doing stupid things like: never drive under a truck, don’t follow road markings into a wall or off a bridge, stop if any indeterminate object is in cars path…
    1
  322. Information is worth what you pay for it, nothing for nothing
    1
  323. sharath naik You may be right. Putin just said his bit to not lose face. Likely a deal in a couple weeks.
    1
  324. Didn’t you listen? He talks about ending cost plus contracts.
    1
  325. Not everything. He’s mostly wrong about the stock market because he’s a bond guy.
    1
  326. IP doesn't just effect the rich. It effects companies, their employees and investors reliant on using their IP.
    1
  327. IP effects everyone in many ways, good and bad. IP rights need to be protected temporarily and to a limited extent so new creative products are continuously created and produced. Yes, IP rights are often abused. No system is perfect and people often abuse their advantages.
    1
  328. Trump is really an internationalist. This is all grist for his core supporters. Trump will back off within 6 months because he hopes the economy will be going up before the election.
    1
  329. As long as every adult citizen (including corporations) gets the exact same amount of money, otherwise nothing for anyone.
    1
  330. Grown ups don't need money because they would have good finances.
    1
  331. The Fed also covers up inflation by using substandard substitute products to compare prices.
    1
  332. The Federal Reserve is the #1 stock market manipulator, followed by hedge funds, followed by Wall Street investment firms, followed by banks...
    1
  333.  @mariewalker6057  Most of San Francisco is fine, just the flatter downtown areas are messed up.
    1
  334. What happened to free market capitalism? Down the toilet when your friends are involved. Under what law can Trump restrict oil or any production of any kind? We need to sell arms to Saudi more than Saudi needs to buy from us. If Trump tries to extort a deal from Saudis, they'll just buy from Russia or China.
    1
  335. Hello folks... Coronavirus is shutting down the cruise industry and tourism in Asia, all production in China has slowed down, supply lines aren't working. No panic yet, just prudence. It's only a couple months into this growing pandemic. No one knows what's happening with food production in rural areas. A world economy can be shut down quickly. Restarting a world economy takes a lot longer.
    1
  336. Excess supply of dollars created by the Federal Reserve chasing too few goods.
    1
  337. Tesla buyers assume there's a huge market out there for electric cars... and if there's NOT?
    1
  338. The reason we have a Federal Reserve is to maintain a stable currency in spite of the insane spending by Congress and the insane self-centered greed of unregulated capitalism. Unregulated capitalism brought on the Great Depression of the 1930's, followed by people like Hitler, Stalin and Mao. The liberal Franklin Roosevelt saved capitalism by adding stability to the economic system which allowed the capitalistic economy in the U.S. to grow.
    1
  339. Zombie businesses like Boeing can be hollowed out of employees and have no product to sell, but be better off and go up in price because of government contracts and issuing zombie bonds that the Federal Reserve will indirectly buy. That means millions for executives and shareholders, higher unemployment, no profits and no private sector. A true Republican Party 🎉.
    1
  340. Dollar has high enough interest rates to be relatively strong compared to most currencies.
    1
  341. Unemployment number is as many unemployed as can be processed.
    1
  342. Chinese communist government always uses corporations, other countries and individuals for what they can get out of them, then turns on them. Apple was one of the biggest supporter of China’s development and is getting exactly what is expected by anyone who knows about communism.
    1
  343. Alexander Weed If it contains money for corporations, it's a bailout.
    1