Strongest since all the way back to .. 2023. Under Biden.

2023 Q3 was particularly K shaped by comparison. Lower and middle classes are getting crushed by wage pressure and high inflation on food and energy, while the privileged are riding high on stock and home valuations.

w00t

silver over 100 gold about to hit 5000

56 minutes ago, Seventy_Yard_FG said:

silver over 100 gold about to hit 5000

A flight to safety is surely a good sign.

2 hours ago, Seventy_Yard_FG said:

silver over 100 gold about to hit 5000

@Bear Grylls was right as always

1 hour ago, DEagle7 said:

@Bear Grylls was right as always

Thank u for asking me to speak on this matter. I always say the best place to put ur money rigth now is precious metal and the most precious medal is gold. My goal to keep a balance portfolio between gold and crypto so I'm balance for ups and down in the stock market.

On 1/22/2026 at 10:54 PM, JohnSnowsHair said:

Strongest since all the way back to .. 2023. Under Biden.

2023 Q3 was particularly K shaped by comparison. Lower and middle classes are getting crushed by wage pressure and high inflation on food and energy, while the privileged are riding high on stock and home valuations.

w00t

Yea im so privileged to have been wander by when they doled out the big houses…

4 minutes ago, ToastJenkins said:

Yea im so privileged to have been wander by when they doled out the big houses…

Oh, don't get me wrong - I'm doing pretty ok as well. And I've worked a long time and taken some high stress roles to get to where my retirement will be very comfortable. I'm not rich, but I'm certainly privileged (earned or not it's still privileged).

My point is that the economy so far under Trump has absolutely not delivered for the bottom half. While the top half - of which I'm firmly part of - has gotten further ahead.

The poors in my family are doing worse. More of their budgets are going to essentials like housing and food, with less available for saving.

3 minutes ago, JohnSnowsHair said:

Oh, don't get me wrong - I'm doing pretty ok as well. And I've worked a long time and taken some high stress roles to get to where my retirement will be very comfortable. I'm not rich, but I'm certainly privileged (earned or not it's still privileged).

My point is that the economy so far under Trump has absolutely not delivered for the bottom half. While the top half - of which I'm firmly part of - has gotten further ahead.

The poors in my family are doing worse. More of their budgets are going to essentials like housing and food, with less available for saving.

The whole Point of education, working hard and taking risks is security is It not?

The govt cant save people from themselves

7 minutes ago, ToastJenkins said:

Yea im so privileged to have been wander by when they doled out the big houses…

I mean my house has basically doubled in value since I bought it in 2019. With a 2.8% interest rate to boot.

I come out of training 5 years later than I did I'm in significantly worse shape. I'm a doctor married to a doctor but it's still fair to say I got lucky. Building equity is harder now.

5 minutes ago, DEagle7 said:

I mean my house has basically doubled in value since I bought it in 2019. With a 2.8% interest rate to boot.

I come out of training 5 years later than I did I'm in significantly worse shape. I'm a doctor married to a doctor but it's still fair to say I got lucky. Building equity is harder now.

Yup. Bought my house in the fall of 2020. I wouldn’t be able to buy it if it was on the market today.

11 minutes ago, DEagle7 said:

I mean my house has basically doubled in value since I bought it in 2019. With a 2.8% interest rate to boot.

I come out of training 5 years later than I did I'm in significantly worse shape. I'm a doctor married to a doctor but it's still fair to say I got lucky. Building equity is harder now.

Wait you mean these people things are cyclical??

Who knew…

8 minutes ago, Phillyterp85 said:

Yup. Bought my house in the fall of 2020. I wouldn’t be able to buy it if it was on the market today.

In a wfh economy is that a bad thing?

Adjustment/correction will come. It always does. Usually far too late thanks to federal policy

4 minutes ago, ToastJenkins said:

Wait you mean these people things are cyclical??

Who knew…

Eh some of it is cyclical. Some of that was COVID. But there's also an overall trend in that direction. Median house price has increased about twice as quickly as median income since the 80s.

22 minutes ago, ToastJenkins said:

The whole Point of education, working hard and taking risks is security is It not?

The govt cant save people from themselves

No, but I do believe that insofar as the govt impacts the economy it should do so in a manner that does the most good for the most people.

12 minutes ago, ToastJenkins said:

In a wfh economy is that a bad thing?

Adjustment/correction will come. It always does. Usually far too late thanks to federal policy

Yes I’d say the rise in home prices significantly outpacing wage growth is a bad thing.

43 minutes ago, ToastJenkins said:

The govt cant save people from themselves

Agreed. Not making things worse would be nice though.

13 minutes ago, Gannan said:

Agreed. Not making things worse would be nice though.

Mindset cant work with the welfare state as is

3 hours ago, ToastJenkins said:

The whole Point of education, working hard and taking risks is security is It not?

The govt cant save people from themselves

Eh I mean yeah but when the problem of housing is lack of supply and the government steps in and does everything it can to subsidize demand it's kind of a pain in the rear.

Also, the Fed kept the rates way too low, way too long, and it incentivized private enterprise to do buybacks and M&A to grow their business, instead of doing it the good old fashioned way by needing to produce and sell a F ton of widgets to offset the CapEx.

51 minutes ago, Bill said:

Eh I mean yeah but when the problem of housing is lack of supply and the government steps in and does everything it can to subsidize demand it's kind of a pain in the rear.

Also, the Fed kept the rates way too low, way too long, and it incentivized private enterprise to do buybacks and M&A to grow their business, instead of doing it the good old fashioned way by needing to produce and sell a F ton of widgets to offset the CapEx.

I dispute the problem is a lack of supply. Rentals are available and there is no right to own property.

Why would Builders not maximize profit like any other company?

9 minutes ago, ToastJenkins said:

I dispute the problem is a lack of supply.

Wut?

The Outlook for US Housing Supply and Affordability

US housing affordability has declined sharply. Fixing the shortage of homes is estimated to require the construction of at least 3-4 million new houses.

Gets at affordability…which no one had any right to. Rent if you cant afford it. Move if you cant afford that.

How has subsidizing demand worked in student loans? Right. Because it never works…

Again, why would a builder not maximize profits? No reason for them To build for people that are poor debt risk

6 hours ago, ToastJenkins said:

Gets at affordability…which no one had any right to. Rent if you cant afford it. Move if you cant afford that.

How has subsidizing demand worked in student loans? Right. Because it never works…

Again, why would a builder not maximize profits? No reason for them To build for people that are poor debt risk

Remember that good ole American Dream? It was the bedrock of the middle class and the country. When it disappears and the wealth gap goes haywire bad things happen. We’ve discussed this before. The K shape promotes instability in society. You can say it is stupid but it is what it is.

8 hours ago, ToastJenkins said:

Gets at affordability…which no one had any right to. Rent if you cant afford it. Move if you cant afford that.

How has subsidizing demand worked in student loans? Right. Because it never works…

Again, why would a builder not maximize profits? No reason for them To build for people that are poor debt risk

I'm saying that subsidizing demand is the problem, and that we should be subsidizing supply right now because there is a shortage that was brought on by horrid government policy at the local, state, and federal levels.