Investing Thread

[The Hippie Satan of Hyperbole]

From the real world perspective of our corporation, the economy is sluggish. Our business touches many of the largest  sectors of the economy. Margin pressure and low growth environment . Heavy regulation on top of the stagflation doesn’t help either .

One silver lining is we are now able to find quality people with all the layoffs .

Sounds like you run a sucky company.

[Uncle Rico]

From the real world perspective of our corporation, the economy is sluggish. Our business touches many of the largest  sectors of the economy. Margin pressure and low growth environment . Heavy regulation on top of the stagflation doesn’t help either .

One silver lining is we are now able to find quality people with all the layoffs .

😂😂😂

[SoCalEagle]

I understand that your one/single/individual company appears to be under-performing, but what does that have to do with the economy of the UNITED STATES?

C'mon Herman, get with the program.   

[SoCalEagle]

From Mark Zandi, chief economist at Moody’s Analytics:

I’ve hesitated to say this at the risk of sounding hyperbolic, but with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economist. Economic growth is rip-roaring, with real GDP up 3% over the past year. Unemployment is low at near 4%, consistent with full employment. Inflation is fast closing in on Fed’s 2% target - grocery prices, rents and gas prices are flat to down over the past more than a year.  Households’ financial obligations are light, and set to get lighter with the Fed cutting rates. House prices have never been higher, and most homeowners have more equity in their homes than ever. Corporate profits are robust, and the stock market is hitting a record high on a seemingly daily basis. Of course there are blemishes, as lower-income households are struggling financially, there is a severe shortage of affordable homes, and the government is running large budget deficits. And things could change quickly. There are plenty of threats. But in my time as an economist, the economy has rarely looked better.

And the stock market continues to push forward.  The S&P ended 2023 with a 24.23% gain.  As of the close of business today, it is up another 20.81% this year. 

The only real debate right now is whether the Fed eases by 25 or 50 basis points at its next meeting. 

If this economy doesn't look good to you, there will never be one that does.

[MU82]

From the NYT: X is worth less than a quarter of what Elon Musk paid for it.

In a regulatory filing by Fidelity, the investment management giant wrote down its stake in the social network to about $4.19 million, down nearly 79 percent from where the firm valued its holding at the time of the 2022 deal. It’s the latest sign of the pressures on X, which has lost advertising revenue amid sweeping business and policy changes by Musk.

[rocket surgeon]

From the NYT: X is worth less than a quarter of what Elon Musk paid for it.

In a regulatory filing by Fidelity, the investment management giant wrote down its stake in the social network to about $4.19 million, down nearly 79 percent from where the firm valued its holding at the time of the 2022 deal. It’s the latest sign of the pressures on X, which has lost advertising revenue amid sweeping business and policy changes by Musk.

what he was able to accomplish with it was worth every penny AND he's not sweating it  your continued wishing ill upon elon is a waste of gray matter.  he's going to be ok...you?  not so sure

[Uncle Rico]

what he was able to accomplish with it was worth every penny AND he's not sweating it  your continued wishing ill upon elon is a waste of gray matter.  he's going to be ok...you?  not so sure

2.5 out of 10

[rocket surgeon]

2.5 out of 10

78 seconds-smith would have beat ya to it...he must be nursing one helluva hangover from friday's happy hour

[The Hippie Satan of Hyperbole]

what he was able to accomplish with it was worth every penny AND he's not sweating it  your continued wishing ill upon elon is a waste of gray matter.  he's going to be ok...you?  not so sure

What has he accomplished with it?

[Uncle Rico]

78 seconds-smith would have beat ya to it...he must be nursing one helluva hangover from friday's happy hour

3 out of 10

[Plaque Lives Matter!]

What has he accomplished with it?

Allowing pornography. We absolutely know that’s what Rocket meant.

[MU82]

what he was able to accomplish with it was worth every penny AND he's not sweating it  your continued wishing ill upon elon is a waste of gray matter.  he's going to be ok...you?  not so sure

I posted a paragraph filled with facts and absolutely zero opinion. You responded with a bunch of silliness, no evidence to support your silliness, and a personal attack.

[Hards Alumni]

what he was able to accomplish with it was worth every penny AND he's not sweating it  your continued wishing ill upon elon is a waste of gray matter.  he's going to be ok...you?  not so sure

Elaborate on what he was able to accomplish besides throwing money down the toilet.

[Uncle Rico]

Elaborate on what he was able to accomplish besides throwing money down the toilet.

He owned the libs and made it safe place for racists, bigots, anti-semites, homophobes and general anti-LGQBT.  It’s a fantastic spot for Rocket now

[Pakuni]

He owned the libs and made it safe place for racists, bigots, anti-semites, homophobes and general anti-LGQBT.  It’s a fantastic spot for Rocket now

At least we can now answer the question about Elon's white nationalist leanings.

https://www.wsj.com/politics/policy/elon-musk-political-donations-stephen-miller-desantis-39464294?st=nUZoV7&mod=googlenewsfeed

[Uncle Rico]

At least we can now answer the question about Elon's white nationalist leanings.

https://www.wsj.com/politics/policy/elon-musk-political-donations-stephen-miller-desantis-39464294?st=nUZoV7&mod=googlenewsfeed

I remember when Pudding Fingers announcing on Twitter was supposed to be a transformative moment in history and instead was the beginning of the end  of Scott Desantis political career.

[MU82]

Nonfarm payrolls roar back in September, unemployment rate slips to 4.1%

https://seekingalpha.com/news/4156441-nonfarm-payrolls-roar-back-in-september-unemployment-rate-slips-to-41

U.S. nonfarm payrolls jumped 254K in September, far stronger than the 132.5K expected and the 159K growth in August, which was revised up from +142K, according to Department of Labor data released on Friday.

With the robust job creation, the unemployment rate ebbed to 4.1% vs. 4.2% expected and 4.2% in August.

[tower912]

Wage growth outpaced inflation, too.   That is going to worry the stock market.



Oh, wait.