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Bryston Audio Unlimited, Unprecedented, Unequalled |
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#41
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Investors should prepare for a coronavirus-induced ‘vicious spiral’ more than twice as bad as the financial crisis, says J.P. Morgan
https://apple.news/AmpW_NQYHSYa6vnbJPocgsQ |
#42
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Everyone has a opinion. Here is the reality... after every economic downturn there has always been a recovery and the market has always gone higher. Don't try and time the market or you will miss the biggest rise.
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#43
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The “reality” right now is there are 17 Million unemployed with no end to the virus in sight. Quite a few of the best fund managers out there are predicting a recession beyond the Great Recession. The market is reacting to the trillions of dollars of government bailouts and that obviously also can’t continue for much longer. Rates are at zero, no ammunition left. Before we see a market that goes “higher”, we will see some turbulence back and forth with an abyss just a few steps away. Cash is king right now. Wait and see. That’s my take on it but I’m no expert.
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#44
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‘‘No one should think the government can wave a wand and all of a sudden the economy is anything like it was before this happened.’’
Bill Gates. |
#45
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Quote:
There will be pent up demand for goods and services. But certainly not enough to be right back where we were before all this. |
#46
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Indeed. Supply chains will need to be re-established among many other logistical problems in getting the economy moving again. The pent up demand will, thankfully be the driver while the lack of $$ for about half the economy will be a drag. Plus, based on the latest info, some states will not move thru this until the middle of July. Ain't gonna be easy.
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Glenn... Clearaudio SM Pro Focal Bathys JLA 10" Dominion Kuzma Stabi S w/MC & MM Magnepan 1,7i McIntosh MA8950 Oppo 203 Roon Nucleus Rose Hifi RS150B Shunyata Gemini-4 Sony ST-A6B, TA-F6B & PS-X75 Sorane SA1.2 & TA-1L Stillpoints LP1v2 WW Pt, Au & Ag |
#47
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I’m not worried about the market personally. I’ve gone to cash already. I’m worried about the UN warning as to food shortages around the world. Read a report yesterday that the major meat and corn processing plants here in the US are having a problem with workers getting sick! If the food supplies falter, we will see something much scarier than a market crash.
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#48
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There is no way the economy will recover quickly or even in the next few years. There is going to be a snowball effect as people adjust their spending habits. Some once major retailers (Sears, Penny's, possibly Macy's are not going to come out of this at all or in a very different form.
The travel industry and the economy of states like Florida will take a hit as the cruise industry which employees almost a 250k people in the US might take a huge hit. Airlines which profit nicely from those long haul business flights to Asia and Europe will continue with underutilized assets. A third of US didn't/couldn't pay their rent this month. My guess a number of people will delay the purchase of new vehicles for a year or so. On and on. |
#49
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Quote:
A bit of COVID Humor.
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Ivan FLORIDA MX136, MC1.2KW(10) MC2KW(2), MCD1100, MS750(2) MVP881, C1000C/P/T, MPC1500, HT-2 SUBS(2) HT3F(2) WS350(2) XRT2K, XCS2K, XR27(2) XCS350(2) JL GOTHAM v2 SUBS(2) SILENZIO MUSIC SERVER, LUMAGEN RADIANCE SCALER, SONY VPH-G90U 4K PROJECTOR, STEWART 120" MOTORIZED SCREEN, CINEMA-TECH SEATING, WW PLATINUM CABLES Reference System: ACCUPHASE A300 AMPS, C3900 PRE-AMP, DP1000 CD/SACD TRANSPORT, DC1000 DIGITAL PROCESSOR, DG-68 DIGITAL EQUALIZER, T1200 FM STEREO TUNER, PS1230 POWER SUPPLY, HRS-SXR CUSTOM RACK w/ M3X SHELVES, TAD REFERENCE ONE MK2 LOUDSPEAKERS, WW PLATINUM CABLES CAPE COD MX150, MC501(2) MC1.2KW(10) MC2301(2) MR88, MVP881, MCD1100, MDA1000, C1000C/P/T, MPC1500, ESOTERIC K-01X 30th ANNIVERSARY (BLACK) SACD/CD PLAYER, G02-X CLOCK, HT3F(2) XRT2K, XCS2K, XR27(2) JL GOTHAM v2 SUBS(2) JL FATHOM F113v2 SUBS(4) SOUND ANCHOR STANDS(2) KALEIDESCAPE STRATO & TERRA SERVERS 80-TB, LUMAGEN RADIANCE SCALER, SONY VPH-G90U 4K PROJECTOR, STEWART 120" SCREEN, SONUS FABER STRADIVARI, SILENZIO MUSIC SERVER, FORTRESS SEATING, WW PLATINUM CABLES Analog Rig: CLEARAUDIO INNOVATION WOOD, UNIVERSAL ARM w/ Da VINCI' CART, 2nd UNIVERSAL ARM w/ GOLDFINGER STATEMENT CART, HRS-MXR REFERENCE RACK-GLOSS BLACK w/ M3X SHELVES, AESTHETIX RHEA SIG PHONO-PRE, BRYSTON BHA-1 HEADPHONE AMP, WW PLATINUM CABLES Reference System: BURMESTER 911MK3 AMP(3), 088 PRE-AMP, 089 CD PLAYER, 100 PHONO PRE-AMP, 948 POWER CONDITIONER, ACCUPHASE DG-68 VOICING EQUALIZER, AVID ACUTUS REFERENCE SP TT, GRAHAM PHANTOM II SUPREME ARM, BENZ MICRO LP-S CART, GRANDIOSO P1X/D1X STACK, G1X RUBIDIUM MASTER CLOCK, N05 NETWORK PLAYER, SILENZIO MUSIC SERVER, HRS-SXR CUSTOM RACK w/ M3X SHELVES, SONUS FABER AIDA SPEAKERS, JL FATHOM F113v2 SUBS(2) SOUND ANCHOR STANDS(2) WW PLATINUM CABLES Library System: GRANDIOSO M1 MONOBLOCK AMPS, C1 LINESTAGE PRE-AMP, K1X CD/SACD PLAYER, G1 MASTER RUBIDIUM CLOCK, E02 PHONO-PRE, SILENZIO MUSIC SERVER, AERIAL ACOUSTICS 20T V2, AERIAL SW12 SUBS(2), CANTON REF K1’s, VPI HRX TT w/ SDS POWER SUPPLY, ORTOFON CADENZA BLACK CART, KLAUDIO RCM, SHUNYATA DENALI 6000/S v2, SHUNYATA OMEGA QR’s, WW PLATINUM CABLES Esoteric/Bryston System: ESOTERIC C02-X PRE-AMP, P-02X TRANSPORT, D02-X DAC, G02-X CLOCK, BRYSTON 28B3 CUBED MONOBLOCK AMPS(4), BRYSTON BHA-1 HEADPHONE AMP, SHUNYATA DENALI 6000/S v2(2) EVEREST 8000 POWER CONDITIONER(2) ALTAIRA CG & SG HUBS, AMR-DP777-SE DAC, SILENZIO MUSIC SERVER, TAD REFERENCE ONE MK2 LOUDSPEAKERS, QUADRASPIRE RACK, WW PLATINUM CABLES Accuphase/Canton System: ACCUPHASE E800 INTEGRATED, DP570 CD/SACD PLAYER, T1200 FM STEREO TUNER, DG-68 VOICING EQUALIZER, PS530 POWER SUPPLY, CANTON REF K3’s, CANTON REF K5’s, SILENZIO MUSIC SERVER, HRS MXR REFERENCE MAHOGHANY RACK w/ M3X2 SHELVES, WW GOLD CABLES |
#50
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Topline: The International Monetary Fund's Managing Director Kristalina Georgieva said in a briefing Thursday the agency is anticipating the worst economic fallout since the Great Depression
"We are still faced with extraordinary uncertainty about the depth and duration of this crisis," Georgieva said. "It is already clear, however, that global growth will turn sharply negative in 2020." Expecting per capita income growth in 160 of its member countries three months ago, the IMF is now projecting negative income growth in 170 countries this year; about $100 billion in investments have been pulled from global markets, according to the agency, three times more than the '08 financial crisis. |
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