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Joined: Oct 2021
Posts: 10,817 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,817 Likes: 2 |
Futures leveling off to even now.
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Joined: May 2016
Posts: 60,526 Likes: 21
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,526 Likes: 21 |
Hey dumb azzzz the fluctuations in the market has been caused by the stumbling Biden agencies release of the fed rates and employment data. Your president is causing this 2 things, wet blanket: 1. You shouldn’t have voted for Biden. 2. Put the booze down for the rest of the night. Hahaha! Hey tough guy!
I am MAGA.
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Joined: Oct 2021
Posts: 10,817 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 10,817 Likes: 2 |
But I Bonds now and lock in 9.6% for 6 months. November 1 they drop back to 6.48%.
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Joined: Aug 2017
Posts: 9,076 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,076 Likes: 3 |
We staring down the barrel of a long hard recession.
I will sit on the side lines for a while.
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Joined: Jun 2007
Posts: 21,958
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 21,958 |
Inflation does combine to put us squarely into bear market territory. Housing prices have now officially started to fall (again, in nominal dollars).
What I still can't figure out is the job market. It just seems to be going, and going, and going, and going. I get the push for re-shoring and all that, but the US$ is at a multi decade high, and exports are, necessarily, getting clobbered.
Who in the world is making the payroll on all these people? Uh, maybe "payroll" is inflated? We have lost several unskilled oil changers to $25 an hour doing something else. That something else is an inflated rate for something they aren't even in the league for. Warm body employment; bodes well long term......
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Joined: Jun 2007
Posts: 21,958
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 21,958 |
As long as JackMountain keeps paying taxes, my investments are good. ![[Linked Image from i.postimg.cc]](https://i.postimg.cc/RVzcnBvg/C852-A4-C3-10-E9-4-F18-A4-B3-47-CE785222-EC.jpg) You're both asswipes. He hires illegals and you cheer it on. But both of you hate Biden, I'm sure..... Pieces of fuggin schidt.
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Joined: Jun 2008
Posts: 6,079 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,079 Likes: 1 |
How much should I dump in the S&P tonight? Toot says BUY!!!!
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Joined: Jun 2008
Posts: 6,079 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,079 Likes: 1 |
Futures leveling off to even now. Now Toot says HOLD!!
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Joined: Feb 2013
Posts: 21,805 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,805 Likes: 8 |
What I still can't figure out is the job market. It just seems to be going, and going, and going, and going. I get the push for re-shoring and all that, but the US$ is at a multi decade high, and exports are, necessarily, getting clobbered.
Who in the world is making the payroll on all these people? I hear ya... IMHO... jobs are about to fall off a cliff... Post Midterms... Part of a 2 year plan... make it a RINO problem... to gain future D supremacy... i.e. 51% begging for Socialism.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,805 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,805 Likes: 8 |
Toot Toot celebrating the demise of this Nation... is about all ya need to know.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,805 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,805 Likes: 8 |
As long as JackMountain keeps paying taxes, my investments are good. Interesting perspective... A GC friend of mine Dan does DOD/FBI type stuff... Put in a SCIF door last week. $22k on the door... (that is $11k for the door and $11k on the labor (3 men @ 1 day). Also an $8k C.O. to reinforce the wall... That $8k... was $300 in material... one day of labor for two men. Another friend at the NN shipyard put a SS ice cream machine in to a sub... $360k. Machine cost less than $10k. All these guys get paid with YOUR tax dollars... or JMs. Personally, I don't think that is sustainable... or at least... not forever. But to each his own... I reckon.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Feb 2013
Posts: 21,805 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,805 Likes: 8 |
Egyptian pharaoh Toot Tootankhamun...
"The Hour Is Nigh..."
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Dec 2013
Posts: 44,455 Likes: 9
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2013
Posts: 44,455 Likes: 9 |
I love these fuggers like tootsie who start a thread and then most of the replies are from them. Hilarious.
Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH
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Joined: Jan 2002
Posts: 12,857 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,857 Likes: 5 |
As long as JackMountain keeps paying taxes, my investments are good. Interesting perspective... A GC friend of mine Dan does DOD/FBI type stuff... Put in a SCIF door last week. $22k on the door... (that is $11k for the door and $11k on the labor (3 men @ 1 day). Also an $8k C.O. to reinforce the wall... That $8k... was $300 in material... one day of labor for two men. Another friend at the NN shipyard put a SS ice cream machine in to a sub... $360k. Machine cost less than $10k. All these guys get paid with YOUR tax dollars... or JMs. Personally, I don't think that is sustainable... or at least... not forever. But to each his own... I reckon. Well, at least I know how THEY are able to make payroll..... The biggest American problem is that government spending and healthcare is more than 50% of our economy, and there are no meaningful cost controls on any of it. Just spend, bill, spend, bill. If we're going to make the transition to actually MAKING some stuff again, we better figure out how to make stuff on a budget (again).
Sic Semper Tyrannis
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Joined: Mar 2005
Posts: 26,271
Campfire Ranger
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Campfire Ranger
Joined: Mar 2005
Posts: 26,271 |
Cash,I agree.
Even though fed and state requirements reach deep into a company and cost that company money at every step, the labor rates being charged are unsustainable for the taxpayer.
Various politicians have attempted to address the costs. Remember the issue of $1000 toilet seats installed on B-52’s back in the 80’s that the Reagan Administration tried to address…….?
Casey
Not being married to any particular political party sure makes it a lot easier to look at the world more objectively...
Having said that, MAGA.
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Joined: Jul 2020
Posts: 2,398 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Jul 2020
Posts: 2,398 Likes: 1 |
Over 160 S&P 500 companies are reporting earnings expected to be positive. Monday futures are up sharply.
Barrons, Fortune Sharply higher my Ass.
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Joined: Nov 2007
Posts: 29,650 Likes: 5
Campfire Ranger
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Campfire Ranger
Joined: Nov 2007
Posts: 29,650 Likes: 5 |
Toots is a POS troll who needs to be ignored.
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Joined: Jan 2012
Posts: 45,030 Likes: 26
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2012
Posts: 45,030 Likes: 26 |
Toots is a POS troll who needs to be ignored. This... A fuuuuking POS.... Nothing more. And sure as fuuuuk a whole lot less....
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Joined: Feb 2013
Posts: 21,805 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,805 Likes: 8 |
Toots is a POS troll who needs to be ignored. This... A fuuuuking POS.... Nothing more. And sure as fuuuuk a whole lot less.... I thought the Tennessee Mafia had him by the short hairs, but alas... "Whac-A-Mole" lives to Toot Toot another day. I am guessing Toot Toot is laughing at you... Rubber room and all...
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Oct 2004
Posts: 26,572 Likes: 17
Campfire Ranger
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Campfire Ranger
Joined: Oct 2004
Posts: 26,572 Likes: 17 |
I started thinking that maybe I hadn't been giving Toot the credit he deserves for the news AND wisdom he shares with us, so I took occasion to reread the thread. I trimmed out the banter and have provided his substantive responses below. You know, instead of being a bunch of smartazz ingrates, we should be paying him for his services to our community. I think the hardest hitting jewel in the the below pearls of wisdom is "markets are volatile." Pause and ponder the genius in that comment. Please join me in coming to appreciate the incredible value that he brings to this family. That is all. Carry on. Over 160 S&P 500 companies are reporting earnings expected to be positive. Monday futures are up sharply.
Barrons, Fortune Dow, S&P and Nasdaq futures all positive at the moment.
See what tomorrow brings. The S&P company’s earnings reports should tell us the answer to your last question. The S&P company’s earnings reports should tell us the answer to your last question. Hang Seng index now at a 13 year low with China’s reshuffling not producing any pro market reformers in the new Commnist party’s line up of leaders under Xi.
Taiwan increasing their energy stockpiles of natural gas, coal and crude oil with the China threat. Taiwan also increasing their military budget.
Barrons, WSJ Markets are typically volatile. Futures leveling off to even now.
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