I suppose if scamming anonymous people to support your interests, because you know better, and therefore it is insures it is a cause worth cheating for.
As you folks post, “just saying.”
Don't underestimate the value of preserving democracy, to sustain it and defend it. Can we just agree on that much?
Seems like the layoffs are ramping up/becoming more widespread, AND more rate hikes to come, AND inflation is still high... I don't really understand the recent jump in the market... Seems like it's probably going to be some time before things are good again, like 12 months at least.
Also, fwiw, I am someone who is very frugal and typically lives well beneath my means, and even I have been much closer to living paycheck to paycheck than probably ever before in my life. That is partly due to some big random expenses (car trouble, etc), but it's also just because everything costs more. I don't even notice it a ton when I actually buy stuff, but when I do my finances at the end of the month, I have way less left over than I did a year or two ago. My job is very secure as long as I don't go off the rails or something, but these times have concerned me enough to stockpile a bit more cash than I normally would give myself a 6 month cushion instead of the usual 3... I have to think a huge portion of Americans are not really keeping up right now... No one who was living paycheck to paycheck a year ago could possibly be above water right now, and with rates only going up, this is painting a pretty bad picture for whenever the rent finally comes due, no more extensions...
All that being said, I still think we'll see the S&P500 above 5000 by sometime 2024, which would be ~25% up from here (including dividends). The market is still a good place to put money for long term investors.
Seems like the layoffs are ramping up/becoming more widespread, AND more rate hikes to come, AND inflation is still high... I don't really understand the recent jump in the market... Seems like it's probably going to be some time before things are good again, like 12 months at least.
Also, fwiw, I am someone who is very frugal and typically lives well beneath my means, and even I have been much closer to living paycheck to paycheck than probably ever before in my life. That is partly due to some big random expenses (car trouble, etc), but it's also just because everything costs more. I don't even notice it a ton when I actually buy stuff, but when I do my finances at the end of the month, I have way less left over than I did a year or two ago. My job is very secure as long as I don't go off the rails or something, but these times have concerned me enough to stockpile a bit more cash than I normally would give myself a 6 month cushion instead of the usual 3... I have to think a huge portion of Americans are not really keeping up right now... No one who was living paycheck to paycheck a year ago could possibly be above water right now, and with rates only going up, this is painting a pretty bad picture for whenever the rent finally comes due, no more extensions...
All that being said, I still think we'll see the S&P500 above 5000 by sometime 2024, which would be ~25% up from here (including dividends). The market is still a good place to put money for long term investors.
I don't know. It seems as far as the interest rate trajectory, a lot is being written about it and the pace and top limit are now being thought to be not as severe as just was considered before the recent CPI number was released last week (for Oct.), and if we get just one more number to show slowing inflation, the belief is that the Fed will indeed start easing off. How long they stay at those rates seems like a big unknown, though, and everything the Fed says is that the rates will need to stay high for a while to be effective.
As for the lay-offs. how much can be made of that when the lay-offs are confined to the tech sector so far, and hiring is in good shape otherwise. So I am not so sure you can generalize from what is happening to the hypergrowth tech sector to what might happen outside there.
As for spending (consumer), underestimating the US propensity for retail spending at your own risk. Yeah, some signs of consumers running up a little more debt to keep it up, but so far spending still has been strong, though admittedly, the same dollar is buying less due to food, energy, and housing costs.
We may slip into recession, but that is not a foregone conclusion, at least not yet.
It's almost verbatim what your president said about the importance of this election.
Excuse me, our president.
Oh, snap!
I feel like Dr. Bury in The Big Short.
Waiting for the bets against the market (housing on his case) to reflect reality and crash and realizing it is being artificially pumped up to benefit Goldman Sachs
Waiting for the bets against the market (housing on his case) to reflect reality and crash and realizing it is being artificially pumped up to benefit Goldman Sachs
In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.
In the third quarter, the hedge fund manager at Scion Asset Management who correctly predicted the 2008 financial crisis and was chronicled in The Big Short began buying stocks again, according to a Securities and Exchange Commission filing.
Waiting for the bets against the market (housing on his case) to reflect reality and crash and realizing it is being artificially pumped up to benefit Goldman Sachs
In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.
In the third quarter, the hedge fund manager at Scion Asset Management who correctly predicted the 2008 financial crisis and was chronicled in The Big Short began buying stocks again, according to a Securities and Exchange Commission filing.
You miss the point.
NASDAQ up over 2%. Insanity. Got to stand strong until the bet vs. the market pays off. Soon I hope
In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.
In the third quarter, the hedge fund manager at Scion Asset Management who correctly predicted the 2008 financial crisis and was chronicled in The Big Short began buying stocks again, according to a Securities and Exchange Commission filing.
You miss the point.
NASDAQ up over 2%. Insanity. Got to stand strong until the bet vs. the market pays off. Soon I hope
Actually, you don’t have to stand strong on a bet that goes against you and is a long shot anyway. Very successful investors admit when they are wrong and reverse themselves.
NASDAQ up over 2%. Insanity. Got to stand strong until the bet vs. the market pays off. Soon I hope
Actually, you don’t have to stand strong on a bet that goes against you and is a long shot anyway. Very successful investors admit when they are wrong and reverse themselves.
How much is the Nasdaq up over the last 4 days or so? I recall up 7.54% a few days ago followed by up maybe 1.88%. Up about 10% then about 2.5% today. Don't recall yesterday but it is about close to 12.5% since Thursday not counting yesterday which I don't recall how it did. Making a great recovery if it continues.
Seems like the layoffs are ramping up/becoming more widespread, AND more rate hikes to come, AND inflation is still high... I don't really understand the recent jump in the market... Seems like it's probably going to be some time before things are good again, like 12 months at least.
Also, fwiw, I am someone who is very frugal and typically lives well beneath my means, and even I have been much closer to living paycheck to paycheck than probably ever before in my life. That is partly due to some big random expenses (car trouble, etc), but it's also just because everything costs more. I don't even notice it a ton when I actually buy stuff, but when I do my finances at the end of the month, I have way less left over than I did a year or two ago. My job is very secure as long as I don't go off the rails or something, but these times have concerned me enough to stockpile a bit more cash than I normally would give myself a 6 month cushion instead of the usual 3... I have to think a huge portion of Americans are not really keeping up right now... No one who was living paycheck to paycheck a year ago could possibly be above water right now, and with rates only going up, this is painting a pretty bad picture for whenever the rent finally comes due, no more extensions...
All that being said, I still think we'll see the S&P500 above 5000 by sometime 2024, which would be ~25% up from here (including dividends). The market is still a good place to put money for long term investors.
Let me hip you to the facts, brother.
The stock market is forward-looking. Inflation is falling, and ALL indications are that it will continue to fall, even a lot between now and Spring 2023. Wall Street rejoices in this news which is why the markets are going up.
Why is inflation falling? Has NOTHING to do with anything Biden has done (not even his Inflation Reduction Act). Biden didn't do anything to CAUSE the inflation either. It is falling MAINLY because we are moving away from the event that caused it. The Fed has helped it along with the rate hikes, but its impact is minimum compared to just time passing...moving away from the pandemic and then the outrageous amount of spending in 2021 that led to the inflation.
Seems like the layoffs are ramping up/becoming more widespread, AND more rate hikes to come, AND inflation is still high... I don't really understand the recent jump in the market... Seems like it's probably going to be some time before things are good again, like 12 months at least.
Also, fwiw, I am someone who is very frugal and typically lives well beneath my means, and even I have been much closer to living paycheck to paycheck than probably ever before in my life. That is partly due to some big random expenses (car trouble, etc), but it's also just because everything costs more. I don't even notice it a ton when I actually buy stuff, but when I do my finances at the end of the month, I have way less left over than I did a year or two ago. My job is very secure as long as I don't go off the rails or something, but these times have concerned me enough to stockpile a bit more cash than I normally would give myself a 6 month cushion instead of the usual 3... I have to think a huge portion of Americans are not really keeping up right now... No one who was living paycheck to paycheck a year ago could possibly be above water right now, and with rates only going up, this is painting a pretty bad picture for whenever the rent finally comes due, no more extensions...
All that being said, I still think we'll see the S&P500 above 5000 by sometime 2024, which would be ~25% up from here (including dividends). The market is still a good place to put money for long term investors.
Let me hip you to the facts, brother.
The stock market is forward-looking. Inflation is falling, and ALL indications are that it will continue to fall, even a lot between now and Spring 2023. Wall Street rejoices in this news which is why the markets are going up.
Why is inflation falling? Has NOTHING to do with anything Biden has done (not even his Inflation Reduction Act). Biden didn't do anything to CAUSE the inflation either. It is falling MAINLY because we are moving away from the event that caused it. The Fed has helped it along with the rate hikes, but its impact is minimum compared to just time passing...moving away from the pandemic and then the outrageous amount of spending in 2021 that led to the inflation.
NASDAQ up over 2%. Insanity. Got to stand strong until the bet vs. the market pays off. Soon I hope
Actually, you don’t have to stand strong on a bet that goes against you and is a long shot anyway. Very successful investors admit when they are wrong and reverse themselves.
Bear market rally. EPS will continue to drop, demand will shrink as inflation remains elevated, layoffs increase. Speculative investments continue to blow up. Binance crypto save a ruse. Investors continue to get sucked in even though fundamentals deteriorate further.
NASDAQ up over 2%. Insanity. Got to stand strong until the bet vs. the market pays off. Soon I hope
Actually, you don’t have to stand strong on a bet that goes against you and is a long shot anyway. Very successful investors admit when they are wrong and reverse themselves.
Time will tell.
I am pretty confident the market is headed for big trouble.
Not sure why you feel this to be a long shot.
Or why you think this has gone against me. Last few days I have been hit hard -- real hard, but I am still a few $$ ahead on it
Actually, you don’t have to stand strong on a bet that goes against you and is a long shot anyway. Very successful investors admit when they are wrong and reverse themselves.
Bear market rally. EPS will continue to drop, demand will shrink as inflation remains elevated, layoffs increase. Speculative investments continue to blow up. Binance crypto save a ruse. Investors continue to get sucked in even though fundamentals deteriorate further.
Bear market rally. EPS will continue to drop, demand will shrink as inflation remains elevated, layoffs increase. Speculative investments continue to blow up. Binance crypto save a ruse. Investors continue to get sucked in even though fundamentals deteriorate further.