TxHoops Posted October 7, 2020 Report Posted October 7, 2020 This is the hidden content, please Sign In or Sign Up What say you Nash? Apparently, according to the Fortune article, analysts at other banks are making similar economic predictions. Seems a bit antithetical to me. Quote
TxHoops Posted October 7, 2020 Author Report Posted October 7, 2020 Our resident financial guru Nash currently has limited computer/internet access. So no one thinks he is ignoring the question, he will give us his thoughts when he is able. I posted this because I was genuinely interested in his opinion having personally found the article a little surprising. Quote
Hagar Posted October 8, 2020 Report Posted October 8, 2020 22 hours ago, TxHoops said: Our resident financial guru Nash currently has limited computer/internet access. So no one thinks he is ignoring the question, he will give us his thoughts when he is able. I posted this because I was genuinely interested in his opinion having personally found the article a little surprising. I admit I didn’t read the article. The title of the thread was mind boggling enough. 😳😳😳 Quote
Realville Posted October 10, 2020 Report Posted October 10, 2020 On 10/6/2020 at 9:49 PM, TxHoops said: Our resident financial guru Nash currently has limited computer/internet access. So no one thinks he is ignoring the question, he will give us his thoughts when he is able. I posted this because I was genuinely interested in his opinion having personally found the article a little surprising. That Blue Wave is Toilet Water! Reagan 1 Quote
stevenash Posted October 10, 2020 Report Posted October 10, 2020 The leadership at Goldman Sachs is notoriously democratic- I can't imagine a blue wave providing any significant boost to the economy. The markets prefer gridlock where one party does not control all three branches. What would concern me more is that Biden gets elected and then his very own party mobilizes the 25th amendment and replaces Biden with Kamala Harris, whom I believe is ill equipped for the Oval Office and very ill equipped to be making any financial decisions for this country. Quote
5GallonBucket Posted October 10, 2020 Report Posted October 10, 2020 2 hours ago, stevenash said: The leadership at Goldman Sachs is notoriously democratic- I can't imagine a blue wave providing any significant boost to the economy. The markets prefer gridlock where one party does not control all three branches. What would concern me more is that Biden gets elected and then his very own party mobilizes the 25th amendment and replaces Biden with Kamala Harris, whom I believe is ill equipped for the Oval Office and very ill equipped to be making any financial decisions for this country. She s ill equipped to be a “good for America” leader, but a good leader for those that want to fall inline with socialism. Hagar 1 Quote
UT alum Posted October 11, 2020 Report Posted October 11, 2020 14 hours ago, stevenash said: The leadership at Goldman Sachs is notoriously democratic- I can't imagine a blue wave providing any significant boost to the economy. The markets prefer gridlock where one party does not control all three branches. What would concern me more is that Biden gets elected and then his very own party mobilizes the 25th amendment and replaces Biden with Kamala Harris, whom I believe is ill equipped for the Oval Office and very ill equipped to be making any financial decisions for this country. I can. Certainty in the markets for one thing. Biden won’t call off a legislative deal as significant as the stimulus one day only to call for it the next day then double what everyone else was asking the next. Encouraging investment in new technology and making investments in infrastructure will do more for the middle class than a paltry tax cut. I think the markets are ready to see a functional Congress, and it appears one party control is the only way legislation will ever be passed. Conservatives peed away their opportunity by following Orange Man over the cliff. Quote
baddog Posted October 11, 2020 Report Posted October 11, 2020 2 hours ago, UT alum said: I can. Certainty in the markets for one thing. Biden won’t call off a legislative deal as significant as the stimulus one day only to call for it the next day then double what everyone else was asking the next. Encouraging investment in new technology and making investments in infrastructure will do more for the middle class than a paltry tax cut.I think the markets are ready to see a functional Congress, and it appears one party control is the only way legislation will ever be passed. Conservatives peed away their opportunity by following Orange Man over the cliff. Bi-partisan congresses have worked up until your socialist democrats have sat on their hands, balked at anything Trump wanted to do, brought false charges about Russia, attempted a coup-de-gras with their false impeachment charges, and have literally watched as America has been set on fire, looted by criminals, divided by communist/racist blm, and attacked by communist antifa. One party rule.....you are right, and it’s called the communist party. Your last sentence is something a 3rd grader would write. BS Wildcats 1 Quote
stevenash Posted October 11, 2020 Report Posted October 11, 2020 4 hours ago, UT alum said: I can. Certainty in the markets for one thing. Biden won’t call off a legislative deal as significant as the stimulus one day only to call for it the next day then double what everyone else was asking the next. Encouraging investment in new technology and making investments in infrastructure will do more for the middle class than a paltry tax cut. I think the markets are ready to see a functional Congress, and it appears one party control is the only way legislation will ever be passed. Conservatives peed away their opportunity by following Orange Man over the cliff. Thanks but I think I will stick with my 35 years of involvement with these markets. You speak of new technology- would that be like the wonderful investment made in Solyndra? The market has stated repeatedly for many many many years that it prefers a divided power structure as opposed to all three sectors under one political party. Most reason that it prevents either side from going to an extreme. Example_ the green new deal would be very damaging to our economic system Quote
Realville Posted October 11, 2020 Report Posted October 11, 2020 Unfortunately ever since JP Morgan bailed out the government in 1895 Wall St and Big Business has been calling the shots on who actually runs this country until Trump came along there in lies the problem. The elitist aren’t calling the shots an it is driving them crazy! Quote
baddog Posted October 11, 2020 Report Posted October 11, 2020 5 hours ago, UT alum said: I can. Certainty in the markets for one thing. Biden won’t call off a legislative deal as significant as the stimulus one day only to call for it the next day then double what everyone else was asking the next. Encouraging investment in new technology and making investments in infrastructure will do more for the middle class than a paltry tax cut. I think the markets are ready to see a functional Congress, and it appears one party control is the only way legislation will ever be passed. Conservatives peed away their opportunity by following Orange Man over the cliff. Are you sure you want socialism? Here is how it works. This is the hidden content, please Sign In or Sign Up Quote
Reagan Posted October 11, 2020 Report Posted October 11, 2020 1 hour ago, baddog said: Are you sure you want socialism? Here is how it works. This is the hidden content, please Sign In or Sign Up Again — do not confuse our liberal/socialist friends with the facts! Quote
Big girl Posted October 11, 2020 Report Posted October 11, 2020 On 10/10/2020 at 3:06 PM, stevenash said: The leadership at Goldman Sachs is notoriously democratic- I can't imagine a blue wave providing any significant boost to the economy. The markets prefer gridlock where one party does not control all three branches. What would concern me more is that Biden gets elected and then his very own party mobilizes the 25th amendment and replaces Biden with Kamala Harris, whom I believe is ill equipped for the Oval Office and very ill equipped to be making any financial decisions for this country. What are your credentials? Quote
Big girl Posted October 11, 2020 Report Posted October 11, 2020 6 hours ago, stevenash said: Thanks but I think I will stick with my 35 years of involvement with these markets. You speak of new technology- would that be like the wonderful investment made in Solyndra? The market has stated repeatedly for many many many years that it prefers a divided power structure as opposed to all three sectors under one political party. Most reason that it prevents either side from going to an extreme. Example_ the green new deal would be very damaging to our economic system That started under Bush Quote
Realville Posted October 11, 2020 Report Posted October 11, 2020 28 minutes ago, Big girl said: That started under Bush The DOE loan program that This is the hidden content, please Sign In or Sign Up was actually started by President Bush in 2005. It was intended to provide government support for "innovative technologies." But the Bush administration never approved Solyndra's loan, saying the application needed more work. Don’t be telling BIG HALF TRUTHS. Bush started the Department of Energy Loan Program not Solyndra. They never approved the loan because of the same reason it failed. Go sell that nonsense to someone else. Quote
stevenash Posted October 11, 2020 Report Posted October 11, 2020 1 hour ago, Big girl said: What are your credentials? Thirty five years of OJT Quote
stevenash Posted October 11, 2020 Report Posted October 11, 2020 12 minutes ago, stevenash said: Thirty five years of OJT My opinion was solicited rather than offered. Quote
TxHoops Posted October 12, 2020 Author Report Posted October 12, 2020 19 hours ago, stevenash said: My opinion was solicited rather than offered. Indeed it was. Nash and I disagree as much as we agree, but his opinion on the markets is one I value, and i am not alone. His career speaks for itself. Quote
Hagar Posted October 13, 2020 Report Posted October 13, 2020 On 10/11/2020 at 5:51 PM, stevenash said: My opinion was solicited rather than offered. Folks that go to College don’t learn everything. What they learn is how to find out things. Tx Hoops solicited your opinion on a financial report and you solicit his opinion on basketball. Is that just about right? 😂 Quote
stevenash Posted October 13, 2020 Report Posted October 13, 2020 10 minutes ago, Hagar said: Folks that go to College don’t learn everything. What they learn is how to find out things. Tx Hoops solicited your opinion on a financial report and you solicit his opinion on basketball. Is that just about right? 😂 Well stated. I was also going to mention that while Steve Jobs and Bill Gates failed to finish college, the Unabomber and Ted Bundy both had advanced formal educations. Hagar 1 Quote
TxHoops Posted October 14, 2020 Author Report Posted October 14, 2020 6 hours ago, Hagar said: Folks that go to College don’t learn everything. What they learn is how to find out things. Tx Hoops solicited your opinion on a financial report and you solicit his opinion on basketball. Is that just about right? 😂 Sounds precisely correct! 😁 Hagar 1 Quote
AggiesAreWe Posted October 14, 2020 Report Posted October 14, 2020 Just like I would never question tvc or TxHoops about the law, I would never question stevenash about the financial world. I know what all three of these guys do for a living. Now about basketball, they all come to me. TxHoops and Hagar 2 Quote
SmashMouth Posted October 14, 2020 Report Posted October 14, 2020 9 hours ago, AggiesAreWe said: Just like I would never question tvc or TxHoops about the law, I would never question stevenash about the financial world. I know what all three of these guys do for a living. “The important thing is not to stop questioning. Curiosity has its own reason for existing.” Albert Einstein TxHoops 1 Quote
TxHoops Posted October 14, 2020 Author Report Posted October 14, 2020 1 hour ago, SmashMouth said: “The important thing is not to stop questioning. Curiosity has its own reason for existing.” Albert Einstein Love this. SmashMouth 1 Quote
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