Becoming a Hoarder!
Learning to be a hoarder is not that easy
The old freezer died, so after panic rearrangement, stuffing the refrigerator freezer and cooking, grilling etc., some stuff was thrown away. Meat, poultry, frozen vegetables, etc.
Of course, I could have bought a new freezer real quick and saved a lot, but no... apparently people are hoarding freezers, as everyone is "out of stock". They started with toilet paper, then canned goods and are now heading for the frozen food aisle.
Mine is tentatively set to arrive April 2nd. Now I get to bulk buy a whole lot of frozen stuff or stuff to be frozen. But not before that new freezer is in place. So much for limiting my out and about activities for the next 4 months or the end of time... whichever comes first. At least I have some time to prepare my hoarding list, if there is anything left.
Who won the election?
Or which candidate is hoarding the most delegates? Aahh the good old days, when that was all we had to argue over. With the economy in a tail spin, I wonder why anyone would really want the top spot. I guess Biden is slated to be the nominee for the democrats and huge news on the republican side according to some headlines... "Trump is presumptive nominee". Dang, I knew that months ago. Makes me wonder what else the media is behind on.
Companies are lining up for bailout money. Boeing says they need $50B. They probably do, as mismanagement prior to any coronavirus has driven them to the edge. Those $30B in stock buybacks over the past 5 years doesn't look so smart. Let's not forget the rest of the airline industry . Golly gee, companies get hefty tax breaks, squander it on inflating share prices via buybacks and then want tax dollars to salvage those share prices. Sweet deal.
There are systemic companies/industries that should be propped up, but not without some significant strings, imo and some hard decisions as to whether these companies were merely treading water prior to covid -19. Mostly propped up by low interest rates. Considering the bond market... those days look to be over. Bailouts... companies will be quickly lining up for trillions.
Read some articles complaining how the FED blew it, by going to near zero and the negative impact on stocks. I'm not sure propping up the stock market was their concern. Bond market yes. It is in dire straits ( money for nothing ). Think what happened last Thursday.
So the weirdness continues. Stock futures indicate a negative start on today's market. Treasuries are slipping as well. THAT happened last Thursday and is happening again. There is a lot of stress in the financial markets. Gold is slipping and the dollar is hitting higher and higher. That they would interact in that manner is normal, but why in God's name is the dollar strengthening? The FED cuts rates to near zero and the dollar goes up... this is madness, imo. The notion there is ample liquidity in the financial sector is about to be tested. In 2008, it was the sub-prime bubble that got all the blame for unraveling the markets. The current bond bubble dwarfs the previous bubble, imo.
Back to preparing the hoarding list for whenever the new freezer shows up. Fortunately toilet paper doesn't go in the freezer. Can you imagine what that would be like? Hmmm... my mind is kinda weird.