Chip Bok for February 28, 2020

YOUR GUY, Bok!

How do you like his coronavirus response so far?

Especially the part where the Trump Administration overruled the professionals at CDC and demanded that those infected be transported into the United States instead of continuing their quarantine.

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Trump Disciple analysis skills.

Maybe they’ll propose some more tax cuts for billionaires.

Wipes aren’t actually all that good for this purpose. He should throw his 401-K into the washing machine set on “sanitize”.

The stock market was due for a correction. He’ll get a significant fraction of his value back pretty soon. Day traders have ulcers and only the very lucky among them do better than an index fund. He’s no day trader.

Don’t worry. Mike Pence will get right on it…..hey….somebody go wake him up.

Inmates are running the asylum!

Last night the the introduction to the Late Show with Stephen Colbert had a funny ‘hymn spoof’ about Pence and the virus, but I can’t find it. . . If anyone comes across it, I’d appreciate the link…

Hmmmmmm, best economy ever. So of course, cut funding to the CDC’s emergency response teams.

No worries on this downturn in the market. It will go up again once the hoopla in the media has burnt itself out.

The stock market.. like art.. depends in part.. on what some expert says it is worth.. In spite of trumps praises and encouraging ever higher prices.. he is no expert and now.. we have a return to the truer value.

And Pence is now demanding that all communications from the CDC go through his office.

Just like China.

fusilier

James 2:24

(Yes, I posted this on Lisa Brnson’s site, too.)

We’re all gonna die broke thanks to Republican incompetence.

You don’t panic and jump off a roller coaster on the way down. It will correct and return eventually, it takes patience and time. 401k is a long term investment, the market is short term emotion.

But think of the money he saved cutting the CDC just to add a few inches to the Wall! And those cronies he picked to run things? Wow, you sure couldn’t make worse choices.

At least you’re not blaming Democrats for Trump Admin’s failure to address this pandemic ahead of time.

Trump speaks publicly about Corona virus – Stock market take biggest one day loss ever. Solution – Don’t let Trump speak publicly about the virus. Let Mikey do it.

I sold my Stock on Day 1 of the Plunge. Now I have municipal bonds. I can hold them for years or until Trump is Tossed out of office, arrested or Dead. I will take any of the three.

Trump opening his mouth spreads social and economic infections across the country and around the world. Tweets from the twit; poison pen letters (usually misspelled)

Biggest market drop for a week in history under the incompetent Trump admin.

What goes up. Expectation that forever rising?! Time to grow up.

Does dropping the fed rate 50 basis points cure the Wuhu Flu? Silly.

GOOD the markets are down!!! NOW IS THE TIME TO PUT ALL THE EXTRA YOU CAN INTO A 401K, THAT TRACKS THE DOW!!!!!!!! WHY?? Because your buy cheap, and the markets ALWAYS come back (yes it may take a while!). I forget which billionaire say he made his money by being nice to people. If they wanted to sell their stocks he bought them and if they wanted to buy what was now HIS stock, he sold them to them -at the now higher price when the market recovered. Remember the first rule of “The Hitchhikers Guide to The Galaxy” “DON’T PANIC!”