HuskerNBigD

54 minutes ago, BigRedBuster said:

So you admit there are problems in the housing market and you ignored the major issues in the AG economy and you ignored the company reports that precipitated the recent fall on the stock market. Those are two major parts of our economy. 

 

You also ignored the fact that the stupid trade wars is what initially crashed the markets and they have been on pretty shaky ground ever since.  

 

I didn’t say all the reports were negative. I said there have been some disappointing ones and that’s what the markets are reacting to. 

 

Its NOT because the Democrats won the house. That’s the comment I was initially refuting. 

It is completely disingenuous to consider Agriculture a major part of the economy. Agriculture accounts for less than 2% of GDP. Less than 2%. You could make the argument that when you include food and related industries it takes you to a whooping 5%, but even then that is minuscule in comparison to other sources of GDP. The main source is consumer spending (~80% contribution to GDP). Consumer confidence just peaked in September, notching an 18 year high. October numbers looked good and preliminary, key word on preliminary, figures for November fell less than expected. Consumer spending was also up in October.This bodes quite well for a strong holiday season where names like TGT will more than likely have strong Q4 earnings. Im up for wagering a friendly bet on the name, if you are so willing.

I didn't ignore anything with regards to your comment about company reports, in fact I provided a pretty solid retort, with statistics to back it up. To be honest, I think that is another disingenuous argument, throwing out that some companies have had bad reports? What reports are you even talking about? Quarterly earnings? Well, yeah, every single quarter some companies miss expectations, that's the nature of this game. However, I'd like to reiterate that 80% of companies beat estimates; that figure is well above the 5 year trend. Even more impressive is the fact that companies surprised on the upside by nearly 7%, once again above the 5- and 10-year average. Sales growth at close to 10% y-o-y, which once again would beat expectations and take us to levels last seen in 2010, which would be higher given the fact we were just coming out of a recession. 

As for crashing the markets, we've still only had 3 down months this year and are flat for the year. Volatility was also extremely low during the summer was quite low while Europe was trying to figure their S out, granted it has picked up recently. Trade wars are what people clamor to, I get it. It is an easy excuse for corporations to throw out there when they miss earnings. Its the same way when the dollar rises compared to other currencies, they will just blame a stronger USD for poor performance even if they're hedged back against it.

I understand what you were refuting and I'd agree that mid-term's aren't the culprit for market declines. I just disagree with the rationale for how you got there!

Like I said, would love for Trump to stay of twitter, let the fed do its job and quit giving Saudi's the reach around.

24 minutes ago, BigRedBuster said:

 

Well for starters, you should probably define what a short period is.

Because the markets spent much of August hoovering around the record highs of February (which were also all time record highs, hard to always have the market just consistently climb) and then spent the entire month of September at all-time levels. For me, that is more than enough time to take some chips off the table.

As for corporate earnings, they don't suck. Here's a pretty solid stat for ya: 92% of the S&P companies have reported Q3 earnings, you want to know how many have beat to the upside? 78%. That is pretty damn good. Not only that but the Q3 earnings growth is highest since 2010. Also, the tech selloff is more out of fear than anything else. Amazon and Netflix knocked it out of the park, relative to sell-side estimates. Edit: Don't cover Facebook, but just looked and they beat on bottom line, missing on top, but I still wouldnt say that is terrible. And google absolutely took the cover off the ball: beating on both top and bottom.

Economic figures, excluding some cracks in the housing market, have actually been quite strong. Unemployment, both U3 and U6, are at or near all time lows, with wage growth growing the most last quarter since 2009. Consumer confidence is also up, as the GDP for Q3 grew at an initial rate of 3.5%. 

Anything else I didn't cover?

Oh, wait, if our president could keep off twitter and let the Fed do their job and maybe not collude with Saudi's that would be awesome. He is a major factor for the bear market that WTI and Crude are experiencing.

15 minutes ago, BigRedBuster said:

 

 

Ummm....no.  The stock market has been in a slump ever since the orange man started his ill advised trade wars in early February.  The S&P spent a very short period recently above the highs from late January, but that was very short lived and it's not because of the Democrats.  It's because the economy isn't as strong and robust as what has been advertised.  Housing market sucks, construction for residential housing sucks, the ag economy sucks.  

 

The recent drops are mostly because we are in the middle of earnings season and there have been some very disappointing reports.  The most recent was Target.  FAANG stocks have also been very disappointing.

 

Those earnings reports have nothing to do with who won an election.

So far from the truth, it isn't even funny. This whole post.

I mean, it's fine. I'm sure the Jackson estate is stoked that Amazon is now using it for their holiday commercial.

2 minutes ago, Moiraine said:

Did they get rid of Can You Feel It? I haven’t been to a game this season. 

They did. 

I can't remember for sure, but I swear someone mentioned that Frost wasn't a fan of that song and 86'd it.

2 hours ago, B.B. Hemingway said:

 

The embarrassment didn't stop on the football field.... Duke whooped that a$$ on the hardwood too.

Yes, yes they did!! 

35 minutes ago, r06ue1 said:

This will be the best defense we've played since Michigan so should offer a very good look into just how far we have come offensively since then.  The Ohio State offense looked like crap against them, they simply do not make many mistakes.  Ohio State's D really slammed the door on them but that is due to Sparty's offensive ineptitude.  My guess is we will see a good dose of MSU running backs getting the ball in this one.  This game should be really close and may come down to a late field goal to win it.

Agree 100%. The bold has me worried.

Would be a bit of sweet revenge to the Kentucky fans who were up in arms about how a kid would want to attend NU over UK, you know cause they were a top ten team who was building a dynasty. Of course, that was prior to them getting dominated by Georgia and shifting full focus to basketball after the embarrassment of losing to Tennessee.

20 minutes ago, olddominionhusker said:

Why did Scotty get banned?  He seemed a pretty inoffensive fellow to me

Based off the discussion in the shed, looks like he made a pretty offensive comment about another B1G team in a status update? Not quite sure who it was, wasn't on HB much after the game on Saturday. I'm assuming alcohol was probably a culprit. Kinda like Zach Smith.

Didn't ScottyIce get banned?

5 minutes ago, Moiraine said:

I wish this announcer would just shut up. Ya, Osborne wanted to kick a field goal down 7 with 12 seconds left.

This. Bunch of dumbasses. 

These announcers suck. 

2 minutes ago, VectorVictor said:

 

FFA

To be fair, the tax overhaul and fiscal spending has been a large contributor to the economic growth we've seen. However, the latter is not sustainable and will eventually come back to bite us in the a$$. Additionally, consumer spending has increased, as consumer confidence continues to tick upward.

1 hour ago, knapplc said:

 

Yep. There it is. When you blow that picture up you can see the Baylor team warming up in the background.

 

EDIT - Focused on the wrong thing. 

 

Haha. That is what I was getting at, but couldn't tell what your response meant - if you were trying to be funny, or what. So I figured I'd let it play out.

9 minutes ago, jsneb83 said:

The small patch of fans in the visitors section, I presume.

Yeah, @knapplc I'm looking at the "pregame huddle" jpg. and if you look at the southwest corner you'll see the green and yellow is just underneath the monitor. Looking at the original/photoshopped photo, you'll see a similar amount of green and yellow. More importantly, no band!

4 hours ago, knapplc said:

 

I'd like to see the original of this photo. No way there wasn't more white in the stadium.  It's not always entirely red like this.

Based on no video boards on the northwest and northeast side of the stadium, as well as the updated north endzone, we know it is between 2006 and 2009. When checking schedules, there are only a few teams that are green and yellow. Then, once you look at the visitor section in this pre-game photo you'll deduce it is Baylor from 2008.

http://www.huskers.com/PhotoAlbum.dbml?DB_OEM_ID=100&PALBID=23586

Just now, olddominionhusker said:

It didn’t directly hurt us no. It did flip the field against us and we had the punt blocked for a safety the next series tho. I know that’s a lot of what ifs but field position does have some value

Oh yeah, couldn't remember exactly when the blocked punt occurred. I just remember thinking right after the 4th down we got away with something there.

Correct me if I'm wrong, but the botched onside kick didn't even hurt us, didn't Ohio State go for it on 4th down and come up short?

27 minutes ago, Red Five said:

When 18 year olds are more mature than adults

 

 

lol and yet the adults continue to bitch and banter in the response to that twitter. It must be tough for the guys that have nothing in life to hold onto other than 18-22 year old kids.

18 minutes ago, BigRedBuster said:

What was the total?

Got in at 71. Most places I see is at 73. High, but who knows. 

Well, just took the over. Hopefully it’s a high scoring affair. 

2 minutes ago, FearAmeer said:

Too bad ole miss got their sanctions removed today lol... ncaa is a joke tbh

But they didn't. This is the problem with only reading headlines and reddit. Go read the press release that Ole Miss' twitter linked. Their headline was click-bait, they still have sanctions.

2 minutes ago, melscott62 said:

These comments are going to look bad if he chooses us.

Lol.