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owbc

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Everything posted by owbc

  1. The Yelich extension might end up being more transformational than the trade. It's easy to forget how disgruntled much of the fanbase was back in Jan-Feb, and many of us were starting to draw up trade ideas for Yelich with the assumption that he was headed out the door.
  2. There is a limit to the number of times the password can be used simultaneously. I think the number is 5 or less for most providers now.
  3. I closely follow 2 MLB teams, 1 in-market and 1 out-of-market. There's literally no option for me except the bootlegged feeds, which have greatly improved in reliability and quality in recent years.
  4. This thread made me realize I haven't watched any live TV since before the pandemic. The last time was probably part of a Bucks game sometime in February. I agree with your comment, I would drop the $60 for MLB.tv in a second if there were no blackouts. I don't want any other live TV or live sports or anything, just MLB. It's kind of amazing that the regional sports network model hasn't collapsed yet. Instead they get $0 from me, I watch less baseball than I would otherwise, and when I watch baseball it will be on some sort of bootlegged stream.
  5. The free Udacity one is really good: https://www.udacity.com/course/intro-to-machine-learning--ud120 If you don't know Python you might want to take a quick crash course first...but if you already have programming experience Python is pretty easy to pick up.
  6. As I noted in the other thread, many businesses have used this as an opportunity to slash labor costs and trim unnecessary costs. Many were also sitting on a ton of cash which combined with the government loans has allowed them to move along. The question I have is--when will the high unemployment start to take its toll on the economy? Seems like the answer depends on how long unemployment benefits are allowed to continue. And a number of industries are counting on additional government support to make it through the rest of the year. My bet is that nothing is allowed to fall apart until after the November election.
  7. I didn't touch any of my investments in March which seems to have been the right call since they have mostly recovered. If the economy is left alone there will definitely be a second crash later this year but I expect government to step in and prevent that from happening, especially in an election year.
  8. Isn't SS essentially insurance against living too long?
  9. I don't wish to escalate my previous comment any further, the fundamental debate is about what percentage of Americans are living paycheck-to-paycheck? Googling that question gives all sorts of numbers, from a third to even 75-80%. Most likely it's somewhere around a half. So even with people cutting their expenses, it is completely reasonable that a third can't afford rent. And yes, that means that landlords will not get all of their rent or their airBNB income, ever. And yes, that means there will eventually be a big increase in auto repossessions, foreclosures, etc. Especially since a decent chunk of people with 6-figure incomes are also living paycheck-to-paycheck (irresponsible, but if there are whole industries that depend on upper-middle class people blowing money on clothes, furniture, vacations, etc). For now everyone is going to be patient, extend payment deadlines, etc while the quarantine is still going on. After the quarantine is when the real feedbacks will start to be felt across the economy. When it becomes apparent that the lost money isn't going to reappear.
  10. Most people who rent don't live by themselves - they have roommates - thus the unemployment claims would need to be cut in half in order to be compared to the total number of rental units. And many people in those industries hardest hit do own homes, particularly if they are in management. Bartenders and waitresses at nice restaurants make a good living. One of my friends who is a bartender is married to a chef and they own two homes - one in Chicago, and a vacation home in WI. Or they have spouses in a different industry and have two incomes, able to buy a home. And heaven forbid that (some) millennials feel entitled, but that's for a different thread. If "entitlement" means having the ability to pay for basic needs like rent, groceries, and medical care, then yes, some people feel entitled. It seems like you have the privilege of being quite disconnected from the lives of people struggling to make ends meet. One only needs to look at the lines at food banks to see there is a serious crisis unfolding. Sure, maybe some people didn't pay their rent when they could have. Who really cares? They are going to have to pay it eventually or get evicted when things return to normal. It's not like there are no consequences here. All I'm saying is that for those of us interested in investing it is going to take a long time for all of this to ripple through the economy, which is why I predict the DOW will not get back to its previous high until late in the decade if at all. As for the comments about lockdown state...what a freaking joke. There's no martial law, virtually no enforcement. And the protestors are mostly in their cars! Why not get out and protest in a crowd? Nobody is stopping them! Are they afraid of a virus or something?
  11. Do you think people are just going to start voluntarily shopping, going to restaurants, or traveling after the restrictions are lifted? Especially if they see the case counts start to go up again?
  12. Why is the rent number surprising? Most Americans live paycheck-to-paycheck and almost everyone who lost their job was renting. They don’t have any savings. They need to hold onto their remaining money to spend on essentials. The unemployment claims amount to over 1/3 of the total number of rental units in the US so the numbers work out.
  13. Just wait for the effects of this to cascade through the economy. Currently everything is being held together by short-term fixes and the assumption that things can return to normal quickly. Air travel is down 96%. How long is it going to be before travel even gets back to 50% of normal? They just announced a record drop in retail. 31% of Americans didn't pay rent at the start of April...how many will be able to afford rent in May? June? What will landlords do without rental income? Virtually everyone is preparing for massive budget cuts. This is happening at my university, it is happening behind the scenes at every corporation in America. Most of us lucky enough to be employed are going to see pay cuts at some point later in 2020 or 2021. Which will then further ripple through retail, travel, etc.
  14. Washington and CA governors Inslee and Newsom are the ones who have the biggest say over how we're going to come out of this since those are the first two states to have successfully slowed this thing down. It's a tricky proposition because everyone is desperate to go do stuff. I don't know a single person in my social circles in Seattle who got a confirmed case of coronavirus (although likely some were asymptomatic and others thought they might have had it in February). So it will just spread like wildfire again if they open stuff up too soon. You have to start by reopening parks and outdoor spaces, maybe open some restaurants for outdoor seating while keeping people 6 ft apart at tables. And they really need to open nonessential businesses with the same social distancing restrictions that grocery stores have. Do that around mid-April and wait another month until mid-May to make sure the case count doesn't start going up too much again. And anyone who comes through the airport will have to quarantine for 2 weeks. For opening larger gatherings like weddings, etc, they are going to have to be taking people's temperature and doing randomize testing to isolate the positives. There's no way around that.
  15. Why would you think something like an oil supply crisis would happen? Trump filled the US oil reserves to the absolute tops couple weeks back or so when the oil prices were thought to be a great discount...one even better today. Here's where the economy will take a freefall, supply and demand with ongoing employment. I seen a Meier post early today letting customers be aware prices for many goods will be noticeably higher as we stay shut down. The last example which I remember was given eggs will have higher pricing. The millions of people that are or will be collecting unemployment, a reduced income that will end up purchasing less than what you could purchase with that same amount a week ago. It'll be a rippling effect. Food or clothing. Answer Food. Effect-say good bye to Kohl's in WI. Effect-jobs Lost. Effect-Unemployment increase. Effect-Market worsens. You get where this is trending. It'll only get worse when the money people get during this isn't saved and used for bills and rent. When that happens the housing market will take a bigger hit when mortgages are falling behind. But we'll see, what does the gov't do to slow that scenario? How long do we choose flattening the curve vs an economy slowly in ruins? The oil industry is about to crash. There's nowhere to store what's coming out of the ground. You can't just turn off a well and turn it back on again. Companies will fail and the drilling capacity will plunge. When demand eventually increases prices will skyrocket.
  16. What isn't baked into the stock prices is the reverberations of this initial shock wave. When those dominoes start to fall it will get really, really ugly and the government will have already exhausted any means of stopping it. And if the economy does try and get back on track, other problems will emerge such as an oil supply crisis. It might take the entire decade to get out of this.
  17. I'm a couple episodes into Tiger King and starting to get bored. There better be more plot twists. The entire last episode could have been covered in about 10 minutes. That said, you couldn't write these characters.
  18. I'm a couple episodes into Tiger King and starting to get bored. There better be more plot twists. The entire last episode could have been covered in about 10 minutes. That said, you couldn't write these characters.
  19. There’s no way out of this now. This is on the scale of 9/11. The economic hit is going to be massive and it is going to take years to get out of the hole.
  20. Coronavirus has been going around Seattle for weeks. I’ve talked to several people who probably had it in February but there hasn’t been any testing yet. Expect to see hundreds of confirmed cases in the next week as widespread testing ramps up. Many of the school closures and work from home directives just went out this evening. Say what you want about whether it is dangerous or not but there’s going to be a huge hit to the economy...at least in the short term.
  21. It happened when Arcia struggled again this year and the grass started looking greener on the other side.
  22. I'm puzzled why people are so down on Arcia. He's younger than Dubon (by a month...).
  23. I'm really happy with the moves today--I think we will be glad to have all these bullpen pieces the rest of the way. Plus we avoided getting into any 10-team bidding wars (so far).
  24. I'm not very invested in this particular SCF but you can bet I'll have my eyes on a game 7.
  25. owbc

    New Music

    I was excited to see that Angels & Airwaves is back and their new single seems like classic Tom DeLonge. A few established indie rock favorites have new albums out--Andrew Bird and Local Natives. Some great tracks on both.
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