5 ms·

Companies going public in droves. Surges in housing construction. What kind of economy is this? The Fed may find itself needing to raise interest rates before t

Companies going public in droves. Surges in housing construction. What kind of economy is this? The Fed may find itself needing to raise interest rates before the end of the year.

dicomdan 6y ago
US is reaching herd immunity so the markets are reacting. Plus, trillions in stimulus spending.
- totetsu 6y ago
  Did you see the man in HK who got infected again with a different strain? Herd immunity will not come
  - nostrebored 6y ago
    Who was asymptomatic and previously did not have igg antibodies but had an _expected_ immune response? This is how the immune system works! Stop sensationalizing this story.
    - nickthemagicman 6y ago
      Thank you for this. People just look for reasons to be afraid.
  - eikenberry 6y ago
    Posting some news worthy claim on the internet without a link to an article or a story... why even bother.
    - totetsu 6y ago
      https://news.rthk.hk/rthk/en/component/k2/1545589-20200824.htm https://news.rthk.hk/rthk/en/component/k2/1545589-20200824.h... https://news.ycombinator.com/item?id=24260152 https://news.ycombinator.com/item?id=24260152
  - nickthemagicman 6y ago
    Norway and Sweden have already reached Herd Immunity with no mask mandate. America has had declining cases for weeks straight. Whatever sensational news story you read about herd immunity is there to scare you and you should be careful of your information diet.
    - enragedcacti 6y ago
      do you have a source for Norway and Sweden's herd immunity? From one day ago: > Critics say even Tegnell’s most optimistic forecasts for Sweden are still a long way from the critical 60% to 70% goal required for herd immunity to have a chance at working, and save the lives of the elderly and those with underlying conditions — those most vulnerable members of the population. [1] you should be careful of your information diet. [1] https://www.marketwatch.com/story/sweden-has-developed-herd-immunity-after-refusing-to-lock-down-experts-claim-its-coronavirus-infection-rate-is-falling-2020-08-24 https://www.marketwatch.com/story/sweden-has-developed-herd-...
      - throw51319 6y ago
        Yeah but I wonder if you truly need 60-70% for herd immunity in such a spread out place like Sweden. Even stockholm is very wide, completely different than a place like NYC.
        nickthemagicman 6y ago
        Stockholm population density is greater than San Diego and Phoenix Denver and San Antonio. They're still Europeans bro. They packed them in tight there. Are you just making stuff up to try to discredit things that disagree with your view? You were right about one thing. Due to cross-reactivity with other common cold coronaviruses giving previous immunity, they're speculating you only need between 10 to 30% of the population infected with covid to develop herd immunity.
        throw51319 6y ago
        Where did you read that about 10-30%? Honestly it kind of makes sense. And bro i was talking about NYC, of course it is more dense than Stockholm
- xsmasher 6y ago
  With six million cases and a population of 39 million, it look like we're far from herd immunity. What makes you say that?
starfallg 6y ago
QE results in strange market dynamics. As the safe assets are bought up by the central banks with newly created money, there is an excess of cash in the system, which needs somewhere to go.
claydavisss 6y ago
The Fed has already committed to a multi-year regime of very low rates, and on Thursday at Jackson Hole, Powell is expected to signal a major change in Fed policy - they will accept inflation for the foreseeable future as a necessary consequence of keeping rates low. The reasoning is simple - there is so much personal and corporate debt now that the Fed simply cannot increase rates. The economy would implode. So, as a result, you will spend more on milk and Mr. Powell is okay with that.

Companies going public in droves. Surges in housing construction. What kind of economy is this? The Fed may find itself needing to raise interest rates before the end of the year.

dicomdan 6y ago

US is reaching herd immunity so the markets are reacting. Plus, trillions in stimulus spending.

totetsu 6y ago
Did you see the man in HK who got infected again with a different strain? Herd immunity will not come
- nostrebored 6y ago
  Who was asymptomatic and previously did not have igg antibodies but had an _expected_ immune response? This is how the immune system works! Stop sensationalizing this story.
  - nickthemagicman 6y ago
    Thank you for this. People just look for reasons to be afraid.
- eikenberry 6y ago
  Posting some news worthy claim on the internet without a link to an article or a story... why even bother.
  - totetsu 6y ago
    https://news.rthk.hk/rthk/en/component/k2/1545589-20200824.htm https://news.rthk.hk/rthk/en/component/k2/1545589-20200824.h... https://news.ycombinator.com/item?id=24260152 https://news.ycombinator.com/item?id=24260152
- nickthemagicman 6y ago
  Norway and Sweden have already reached Herd Immunity with no mask mandate. America has had declining cases for weeks straight. Whatever sensational news story you read about herd immunity is there to scare you and you should be careful of your information diet.
  - enragedcacti 6y ago
    do you have a source for Norway and Sweden's herd immunity? From one day ago: > Critics say even Tegnell’s most optimistic forecasts for Sweden are still a long way from the critical 60% to 70% goal required for herd immunity to have a chance at working, and save the lives of the elderly and those with underlying conditions — those most vulnerable members of the population. [1] you should be careful of your information diet. [1] https://www.marketwatch.com/story/sweden-has-developed-herd-immunity-after-refusing-to-lock-down-experts-claim-its-coronavirus-infection-rate-is-falling-2020-08-24 https://www.marketwatch.com/story/sweden-has-developed-herd-...
    - throw51319 6y ago
      Yeah but I wonder if you truly need 60-70% for herd immunity in such a spread out place like Sweden. Even stockholm is very wide, completely different than a place like NYC.
      - nickthemagicman 6y ago
        Stockholm population density is greater than San Diego and Phoenix Denver and San Antonio. They're still Europeans bro. They packed them in tight there. Are you just making stuff up to try to discredit things that disagree with your view? You were right about one thing. Due to cross-reactivity with other common cold coronaviruses giving previous immunity, they're speculating you only need between 10 to 30% of the population infected with covid to develop herd immunity.
        throw51319 6y ago
        Where did you read that about 10-30%? Honestly it kind of makes sense. And bro i was talking about NYC, of course it is more dense than Stockholm
xsmasher 6y ago
With six million cases and a population of 39 million, it look like we're far from herd immunity. What makes you say that?

starfallg 6y ago

QE results in strange market dynamics. As the safe assets are bought up by the central banks with newly created money, there is an excess of cash in the system, which needs somewhere to go.

claydavisss 6y ago

The Fed has already committed to a multi-year regime of very low rates, and on Thursday at Jackson Hole, Powell is expected to signal a major change in Fed policy - they will accept inflation for the foreseeable future as a necessary consequence of keeping rates low. The reasoning is simple - there is so much personal and corporate debt now that the Fed simply cannot increase rates. The economy would implode. So, as a result, you will spend more on milk and Mr. Powell is okay with that.