Investing Thread

[MU82]

Mr. Market doesn't seem to give a damn about either Hurricane Milton or the wars going on. Record highs today.

[SoCalEagle]

Another record high ...

... yawn ...

[tower912]

Inflation at .2%, or 2.4% annually.   Back to back hurricanes are going to impact that.

[SoCalEagle]

inflation?  That was last year's story.

[Viper]

Inflation at .2%, or 2.4% annually.   Back to back hurricanes are going to impact that.

not to be insensitive to those suffering loss, but as insurance claims get sorted out, the rebuild would typically stimulate the economy. A problem currently is that the Fed's economic approach the past 3 yrs has hurt manufacturing. Interest rates up, housing starts down, as an example. With housing starts, and construction in general slow, bldg material stock is lower than it might otherwise be. IMO,  November election results will play a big part here. If energy production ramps up, deregulation of the private sector energy producers comes forth, manufacturers manufacture, the rebuild and the resulting economic benefit will be significant. Inflation is lower today than in Q1, for example, but costs of product(s) are still quite high. Manufacturing is still slow as manufacturers cautiously move along. Things can positively change quickly, but I think Nov. will determine a lot. (I'm no economist...just play one from the kitchen table 🙂)

[Uncle Rico]

not to be insensitive to those suffering loss, but as insurance claims get sorted out, the rebuild would typically stimulate the economy. A problem currently is that the Fed's economic approach the past 3 yrs has hurt manufacturing. Interest rates up, housing starts down, as an example. With housing starts, and construction in general slow, bldg material stock is lower than it might otherwise be. IMO,  November election results will play a big part here. If energy production ramps up, deregulation of the private sector energy producers comes forth, manufacturers manufacture, the rebuild and the resulting economic benefit will be significant. Inflation is lower today than in Q1, for example, but costs of product(s) are still quite high. Manufacturing is still slow as manufacturers cautiously move along. Things can positively change quickly, but I think Nov. will determine a lot. (I'm no economist...just play one from the kitchen table 🙂)

Yeah, when we start tariff wars if the election goes R in November, things will get bad fast

[SoCalEagle]

Joe, I asked you to please slow this thing down. I can't spend the money as fast as it's coming in. Another 22% gain for the S&P on top of last year's 24% gain. Gonna need another safe deposit box to store all this cash, never mind the gold bars. Really, man, would it kill you to defer some of these gains until next year? 

[Viper]

Yeah, when we start tariff wars if the election goes R in November, things will get bad fast

incorrect. But 28% corporate tax if this thing goes D is a kill shot.
Dislike 45 if you will, but the US economy will take off if he's back in.

[Uncle Rico]

incorrect. But 28% corporate tax if this thing goes D is a kill shot.
Dislike 45 if you will, but the US economy will take off if he's back in.

😂

[Pakuni]

incorrect. But 28% corporate tax if this thing goes D is a kill shot.
Dislike 45 if you will, but the US economy will take off if he's back in.

My guy, the corporate tax was 46% during Reagan's first term and 34% in the second. It was 35% during the Clinton years.
28% is not a kill shot.
And the US economy is rolling.

[The Sultan]

incorrect. But 28% corporate tax if this thing goes D is a kill shot.
Dislike 45 if you will, but the US economy will take off if he's back in.

It's taking off now.

[jesmu84]

not to be insensitive to those suffering loss, but as insurance claims get sorted out, the rebuild would typically stimulate the economy. A problem currently is that the Fed's economic approach the past 3 yrs has hurt manufacturing. Interest rates up, housing starts down, as an example. With housing starts, and construction in general slow, bldg material stock is lower than it might otherwise be. IMO,  November election results will play a big part here. If energy production ramps up, deregulation of the private sector energy producers comes forth, manufacturers manufacture, the rebuild and the resulting economic benefit will be significant. Inflation is lower today than in Q1, for example, but costs of product(s) are still quite high. Manufacturing is still slow as manufacturers cautiously move along. Things can positively change quickly, but I think Nov. will determine a lot. (I'm no economist...just play one from the kitchen table 🙂)

Is energy production not up currently?

[Jockey]

incorrect. But 28% corporate tax if this thing goes D is a kill shot.
Dislike 45 if you will, but the US economy will take off if he's back in.

Roqqet? Is that you.

Not many guys here can come up with a post this dumb.

[The Sultan]

Is energy production not up currently?

Yeah we are literally producing more oil at a higher rate than any country in the history of the world.

[Viper]

Is energy production not up currently?

federal only...and being exported. And yet we import from where?...Iran.

[tower912]

Roqqet? Is that you.

Not many guys here can come up with a post this dumb.

Nah.  This is an actual thought about actual policy.  As much as I disagree with it, it is almost refreshing to read.

[Viper]

My guy, the corporate tax was 46% during Reagan's first term and 34% in the second. It was 35% during the Clinton years.
28% is not a kill shot.
And the US economy is rolling.

no it's not rolling. It was...not now. Sorry, my guy.

[The Sultan]

no it's not rolling. It was...not now. Sorry, my guy.

lol. Either you have your eyes and ears closed, or you have no idea what a rolling economy actually looks like.

[Viper]

Nah.  This is an actual thought about actual policy.  As much as I disagree with it, it is almost refreshing to read.

don't have to agree...it's just my take...but i appreciate the tip of the hat, Tower. This I do know...everything revolves around energy. Costs of groceries, our utilities, everything. Go full steam ahead on production, cut regs...then our eco will be rolling.

[The Sultan]

don't have to agree...it's just my take...but i appreciate the tip of the hat, Tower. This I do know...everything revolves around energy. Costs of groceries, our utilities, everything. Go full steam ahead on production, cut regs...then our eco will be rolling.

lol. So ignorant.

[forgetful]

don't have to agree...it's just my take...but i appreciate the tip of the hat, Tower. This I do know...everything revolves around energy. Costs of groceries, our utilities, everything. Go full steam ahead on production, cut regs...then our eco will be rolling.

No offense, but this post reeks of having no knowledge about the economics of energy production in the US.

[jesmu84]

federal only...and being exported. And yet we import from where?...Iran.

Federal? As opposed to individual state? Or city? Or county? Or?

Isnt the current energy being produced being exported by private corporations? How would you propose that be stopped?

We import energy from Iran?

[tower912]

We import no fuel from Iran.  Canada, Saudia Arabia, Nigeria, Venezuela, Iraq.   
Iran exports to Russia and China and the US has sanctions and a ban on oil from Iran.   Viper, on this you have bad sources.

[Not all scoop users are created equal apparently]

We import no fuel from Iran.  Canada, Saudia Arabia, Nigeria, Venezuela, Iraq.   
Iran exports to Russia and China and the US has sanctions and a ban on oil from Iran.   Viper, on this you have bad sources.

US economy still uses plenty of Russian oil and related products through India though.

[MU82]

Investing Thread. And yet another new high for Mr. Market.

If you are an investor, and if you haven't made significant money these last 4 years (or 8 years, or 15 years), that's on you.