muscleman

FNMAS down 13% today while market is going up. Probably because of what Luke posted.

praise from Omar! https://nypost.com/2020/03/19/ilhan-omar-offers-trump-rare-praise-for-coronavirus-response/ Strange that all of the sudden, all these Democrats start to praise Trump. What's going on? ::) I thought they would use this as the best opportunity to defeat him in November.

In a recession the incumbent very rarely wins re-election. But what about war time? Do incumbents have a higher chance to win re-election in a war time? A recession is possible here but it is not Trump's policies causing the recession.

FNMAS down 23% today. 5.7 now. If Trump couldn't win re-election, or if Trump catches the virus and die, I suspect that puts a lot of risk into this. People seems to assume that he will get re-elected, which seems guaranteed a few weeks ago. I am not sure now. IMH, also down 33%. Anyone tracking IMH's legal cases? The court differentiated the treatment of its two classes of preferred stocks. Curious if anyone tracks it. I've brought it up a few times already so this will be my last try.

Is anyone tracking IMH? It has two classes of preferred shares and court ruling makes them differentiated treatment. I don't understand why that could happen. I wonder if similar things could happen here? Anyone interested in taking a look?

China has no choice but to resume working. I think after another month, we'll see massive infections. The virus is asymptomatic for a good % and there is no way to sort these folks out.

sorry to hear that. Do you know their ages? Both in the 50s. Which area, if you're ok disclosing? Wuhan. But.... I live in the Seattle area and the Kirkland nursing center said this week that there are a few patients who has no symptoms at all, and then from onset of symptoms to death, just a few hours. So we have a virus that goes on and off, and hide in stealth mode and suddenly kills people.

sorry to hear that. Do you know their ages? Both in the 50s.

In case you want some real stories: My relative who was cured 3 weeks ago now has the symptoms again and CT shows lung infections. My mom’s neighbor was recently cured and discharged from hospital and died the next night.

My best joke is this. CDC official advising people not to touching their face while touching her own.

your last sentence is key and to date I haven't heard a conclusive rationale as to why any potential consent order executed during the lame duck is permanent when a new FHFA head takes over in 2021 (if Dem wins). I wonder if a moderate bank friendly Dem president would keep Calabria. Doubtful Bernie would. Watch out for Coronavirus. If we get a wide spread infection, it may cause Trump to lose the re-election.

with Trump’s awful PR last night about the corona virus, if the outbreak happens in the US, that might be the reason he loses the reelection.

Does anyone track IMH and its preferred shares? IMPHO is trading at huge discount to par while IMPHP is almost at par. It seems to me that the judge said IMPHP amendment is invalid but IMPHO is neither entitled to dividends nor directors. https://seekingalpha.com/article/4145488-judges-ruling-spells-turmoil-for-impac-mortgage-holdings-preferreds-valuation I am curious if anyone tracks that and could help explain why that makes sense? And if that make happen here for the Fannie?

I don't understand how this new gravity energy storage plan can be so much cheaper than pumping water to the top of the mountain as a gravity storage? It seems far more reliable to use water than these concrete blocks. Imagine what happens in a windy day.

I am really confused about this. I can't find an answer. Please help me. I appreciate it! Does NPV mean the net present value of all future net income, or does it mean the net present value of all future revenue? I find that a lot of mining and O&G companies are touting the discount of NPV to their EV, but it is unclear what NPV actually means, and most companies use 5% or even smaller discount rate while their borrowing cost is at 7-10%. ::)

Has anyone compared the quality of execution of IBKR Lite vs TD AM and other 0 commission brokers? I'd be very curious about that.

Sorry to hear about your experience Spekulatius. I had a similar issue with a Mangolian mining corp bond that got restructured and after the restructuring, IB stops support for trading. It took me a lot of time to find out that TD AM supports it and I had to transfer the bonds over. It was happy ending but it was really scary at the time. I wonder if you checked Fidelity? They usually have great foreign stock support, in addition to IB. I think there is a very good chance that Fidelity can do it.

What do you mean by "60 day rollover rule"?

my understanding is that there are 7 plus another one for muslims. http://mzj.wuhan.gov.cn/bmcx/166448.jhtml I did some research and I think the average daily death is around 500. It is based on the INCREASE of death from regular periods and based on a call I listened to on YouTube from a journalist to the funeral. Note that most of these body burning facilities have small capacity so you can’t take one number and multiply by 8.

There is currently a huge smog in Wuhan. But there is no factories open nor people on the street. It is said the smog is from burning bodies Really? Can burning body cause so much smog? I heard there are only 3-4 funeral facilities.

Why do you guys keep talking about the fake death numbers by the Chinese government? If it is true, they'll have no problem accepting the generous offer to help by the US medical team. The government declined the help from foreigners because it does not want them to see the reality. All funeral homes are running 24/7 in Wuhan and still could not finish processing the dead bodies.

This article instead makes the claim that the Chinese Supreme Court believes that rumors are good because they encourage people to wear their masks and take other precautions: https://www.japantimes.co.jp/news/2020/01/30/asia-pacific/science-health-asia-pacific/chinas-top-court-rebukes-police-virus-rumor-crackdown/#.XjhzWCSIYlQ You have to look at the date of the news.

We need to stop talking about corona virus here. The Chinese Supreme Court just announced that spreading rumors regarding this virus may result in death penalty. https://new.qq.com/omn/20200203/20200203A0A52W00.html

The guy who took this video in the morning yesterday was arrested at around 7 pm in the evening. He asked the police what was wrong, and the police charged him for "Having a different voice than the government". Jeez... Are we in North Korea? Later a ton of people online supported him, and the police was forced to release him. He rented a bike and has to bike 3 hours to get home.

It has masks but not for its people. Wuhan Red Cross intercepted over 36000 N95 mask donations and sent it to an abortion clinic. China also donated 30 Million masks to Hong Kong