September 27, 20223 yr 23 minutes ago, Tnt4philly said: I have been able to increase my income 50% since Biden was elected. He’s the man!!! 🙏 Just got an unexpected mid-year bonus. Thanks Joe!
September 27, 20223 yr Lumber prices are back down to pre-Covid levels. I do think the fed cutting 75 basis points most recently was too far, and I know some were looking at a full 1% but I think it should have been 0.50%. Signs were pointing to a loosening labor market and inflation trending down even if it was trending down as fast as we'd hope.
September 27, 20223 yr 49 minutes ago, Tnt4philly said: I have been able to increase my income 50% since Biden was elected. He’s the man!!! 🙏 50% is relative. Getting back twice what you put into a soda machine is impressive by those standards.
September 27, 20223 yr 29 minutes ago, JohnSnowsHair said: Lumber prices are back down to pre-Covid levels. I do think the fed cutting 75 basis points most recently was too far, and I know some were looking at a full 1% but I think it should have been 0.50%. Signs were pointing to a loosening labor market and inflation trending down even if it was trending down as fast as we'd hope. Not that I'm really in my wheelhouse on this topic, but I say keep jacking the rates. The housing market is so out of whack, something has to be done to temper outsized demand by a bunch of established propertyholders just acquiring more properties and swapping them with each other. Encouraging well-off people to hoard real estate and turn it into a speculative market is absolutely going to crush the middle class. I know there's no obvious solution to this, though.
September 27, 20223 yr 19 minutes ago, EaglesRocker97 said: Not that I'm really in my wheelhouse on this topic, but I say keep jacking the rates. The housing market is so out of whack, something has to be done to temper outsized demand by a bunch of established propertyholders just acquiring more properties and swapping them with each other. Encouraging well-off people to hoard real estate and turn it into a speculative market is absolutely going to crush the middle class. I know there's no obvious solution to this, though. The problem is the full effects of a rate hikes are delayed, so the Fed is making a best guess projection about whether the cuts are/aren't enough to turn back inflation vs tanking the economy. I think 0.75% is closer to tanking the economy and overshooting the necessary change to wrangle inflation. It's based on little more than intuition, just my $0.02.
September 28, 20223 yr 10 hours ago, JohnSnowsHair said: Lumber prices are back down to pre-Covid levels. No they're not. 😒
September 28, 20223 yr Had to stop for the more expensive gas on route 1 today in NJ, $3.28 Thanks Brandon.
September 28, 20223 yr Boxed pork? Am I missing out on the latest fad? Can I have it with some boxed water, please?
September 29, 20223 yr 22 hours ago, JohnSnowsHair said: I'll take that little Fer down to the lumber yard and let him explain it to them.
September 30, 20223 yr On 9/29/2022 at 12:35 AM, lynched1 said: I'll take that little Fer down to the lumber yard and let him explain it to them. Yes, because your local lumber yard sets the prices nationally. 🤔
September 30, 20223 yr 9 minutes ago, Tnt4philly said: Yes, because your local lumber yard sets the prices nationally. 🤔 I'm having a rather large deck built....prices are way way down.
October 4, 20223 yr Dead cat bounce? Market manipulation to suppress Q3 performance and open Q4 with a bang?
October 4, 20223 yr 3 hours ago, JohnSnowsHair said: Dead cat bounce? Market manipulation to suppress Q3 performance and open Q4 with a bang? Many thinking that the September decline was capitulation along with leading inflation indicators now showing declines. Will depend on earnings in the coming weeks, CPI and labor numbers but we may very well have already seen the bottom.
October 5, 20223 yr Wonder if this is the beginning of supply chains moving from China to India Apple asks suppliers to shift some AirPods, Beats production to India - Nikkei Oct 5 (Reuters) - Apple Inc (AAPL.O) is asking its suppliers to move some AirPods and Beats headphone production to India for the first time, Nikkei reported on Wednesday, in what could be an another win for New Delhi in its push for local manufacturing. Apple iPhone assembler Foxconn (2317.TW) is preparing to make Beats headphones in India and hopes to eventually produce AirPods in the country as well, the report said, citing sources. https://www.reuters.com/technology/apple-asks-suppliers-shift-some-airpods-beats-production-india-nikkei-2022-10-05/
October 5, 20223 yr 22 hours ago, JohnSnowsHair said: Dead cat bounce? Market manipulation to suppress Q3 performance and open Q4 with a bang? October have usually show to be positive months but could just be the bounce before the real bottom.
October 5, 20223 yr 11 minutes ago, EaglesRocker97 said: I wouldn't worry about it. I think we're looking at a Braves repeat.
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