ERICOPOLY

Yes, and TSLA skyrocketed. It had to be the most "oh shit!" moment for the insurance company shorting them as a hedge against market decline.

We had a recession in 2020 didn't we? Stocks went up I think?

And then you have the domestic and global travel industries already decimated today... will a recession more decimate it? Is that even possible?

Homebuilders? We're undersupplied nationally.

Layoffs? Where? Who will need to layoff staff? Apple? Good luck. Microsoft? Good luck. Facebook? Good luck. Tesla? Good luck. Amazon? Good luck. Netflix? Good luck.

Let's say TSLA market cap gets destroyed. So f'ing what guys. Who cares. They are selling the cars like hotcakes and making profits. They won't lay off their workers just because the stock goes down. This isn't like the Dot Com bust where the companies themselves evaporated overnight and all jobs were lost along with it.

There was a recession tied into that, not just a stock market revaluation. Recessions drop stock markets overvalued or not. The businesses in my community cannot afford to layoff any workers -- they need at least some warm bodies in the room until robots can replace everyone. I think the layoff cycles deepen recessions (people losing jobs stop spending).

I asked her to clarify: OSHA ETS. Her company extended it through today (but it expired in December). I don't know how many other companies extended it.

KIND

Personally I think people will just keep working despite knowing they're sick. Just hide their sniffles to avoid the loss in pay.

My wife was telling me yesterday that Monday should be interesting because those people who are out 'sick' will no longer be paid during their absence from work. That program of paying people to be out with covid ends today.

I'm not sure if we're there yet, but at some point excess deaths won't be a reliable indicator because covid has pushed many people into the grave early, and most of them were going to die anyhow within a few years. In other words, we should be expecting excess deaths in 2022 to be lower than normal (because they already died in 2020-2021). I'm talking about those people with existing severe health problems who keeled over after contracting covid.

One theory is that SpaceX needs money to fund his satellite network.

I'm confused as to what is going on at present. Local businesses haven't been able to find bodies to fill positions... how do they cut staff in a recession?

A bunch of local coffee houses and restaurants are closing at the moment for in-house dining (takeout only) because the staff is out sick. My daughter's cheerleading practice and competition shut down this week because both coaches out sick with covid. Should all be back to normal in a few weeks, but it's no wonder the jobs report is bad.

Apple's debt ballooned from $300m in 1999 to $136B today.

PLBY

PDD today.

Roberts was responding, in part, to an investigation by The Wall Street Journal which found that between 2010 and 2018, 131 federal judges ruled in cases involving companies in which they or their families owned shares of stock. https://www.npr.org/2021/12/31/1069525986/chief-justice-john-roberts-ethics

Is he being interviewed by Stiffler's mom?

Didn't we do that last year?

I can not make sense of the article. It says Paul Pelosi exercised call options and that the difference between market price and strike price is all profit. WFT? How does that make any sense? Is the author simply misunderstanding and/or spinning a yarn? Did Paul Pelosi tell him what his cost basis was? Probably a bunch of BS assumptions being made to make the story appear more exciting. In Pelosi's case, the call options he'd previously bought for Alphabet (which were due to expire the day of his purchase) allowed him to buy it at $1,200 a share while the shares closed that day just over $2,500, a difference that accounted for his profit. And what's this talk about exercising an option being a 'profit'?

The $15 strike 2023 puts offer a 27% return to whomever writes them and $15 isn't far from here. I'm not sure why, the stock has not been volatile.

And when the opinion of a single sell-side analyst drives T up 7%.

I watched BUD rise throughout 2001 and 2002, it was incredible. And today, it's at 1/2 of the level of 5 years ago and rising today as the market falls. It was cheaper back then though.