Investing Thread

[The Sultan]

British publication "The Economist" has a multi-part series in which they call the American economy "the envy of the world."

https://www.economist.com/special-report/2024-10-19

[The Sultan]

BTW, I point these things out not because I think Biden deserves all the credit for the economy. In fact I think the immediate action under the Trump administration to blunt the effects of the Covid economy means he deserves credit as well.

People should just stop spreading the narrative that the economy sucks.  It absolutely doesn't. It's rocking.

[MU82]

Yep. It's also true that every American isn't in great financial shape despite the U.S. economy truly being the envy of the world.

Millions are unemployed or underemployed, millions are homeless, some kids are going hungry, etc etc etc.

Which, of course, happens every year under every president and every Congress. When I was at Marquette, Reagan was president ... and there were homeless people all over campus. It wasn't Reagan's "fault." Some people always have been less fortunate than others.

But if folks here or on Fox News ignore the data, if they choose to ignore what economists both in America and abroad are saying, sure, there are always stats one can cherry-pick to score political points. Enjoy!

As for the Investing Thread ...

Netflix (NFLX) is up big after hours following yet another glowing quarterly report that showed paid memberships still growing at a double-digit annual pace.

[rocket surgeon]

I assure you, I don't give a spit now nor have I ever given one about the border.

Every day it is open is a day our country remains stronger.

  HOLY WOW!!  this is so f'ing dumb, in order to respond, I'd probably get banned for a month like smith

i'm sure if you or one of your family members were a victim of illegal immigrant crime, this never would have crossed your mind, but sitting comfortably in middle Wisconsin, just keep the bong lit

[Uncle Rico]

  HOLY WOW!!  this is so f'ing dumb, in order to respond, I'd probably get banned for a month like smith

i'm sure if you or one of your family members were a victim of illegal immigrant crime, this never would have crossed your mind, but sitting comfortably in middle Wisconsin, just keep the bong lit

8.5 out of 10

[Lennys Tap]

8.5 out of 10

What's your grade for Hards post?

[Jockey]

Amazing how so many people are offended by some murders, but offer thoughts & prayers for other ones.

[TAMU, Knower of Ball]

  HOLY WOW!!  this is so f'ing dumb, in order to respond, I'd probably get banned for a month like smith

i'm sure if you or one of your family members were a victim of illegal immigrant crime, this never would have crossed your mind, but sitting comfortably in middle Wisconsin, just keep the bong lit

What does their immigration status have to do with their crime?

[MU82]

  HOLY WOW!!  this is so f'ing dumb, in order to respond, I'd probably get banned for a month like smith

i'm sure if you or one of your family members were a victim of illegal immigrant crime, this never would have crossed your mind, but sitting comfortably in middle Wisconsin, just keep the bong lit

I'm sure if you or one of your family members were a victim of the previous president's domestic terrorists on Jan. 6, this never would have crossed your mind, but sitting comfortably in your dental office, just keep the nitrous oxide flowing

[Hards Alumni]

  HOLY WOW!!  this is so f'ing dumb, in order to respond, I'd probably get banned for a month like smith

i'm sure if you or one of your family members were a victim of illegal immigrant crime, this never would have crossed your mind, but sitting comfortably in middle Wisconsin, just keep the bong lit

Please respond.  Statistically, your fellow Americans are more dangerous than anyone crossing the border.

[Hards Alumni]

What does their immigration status have to do with their crime?

Everything, when you're a bigot!

[rocket surgeon]

Everything, when you're a bigot!

  bigot??  classic conversation closer-well done you idiot!

so now one is a big got because they expect laws to be followed? 

your logic if one could call it that-illegal immigrant crime is ok because crime by legal citizens is just as bad or worse??  my God this is beyond idiocy

  i'd love for you to give to try to explain this to victims of illegal immigrant murders and rapists 

I have no problem with immigration if done the way it was meant to be-controlled

[Uncle Rico]

  bigot??  classic conversation closer-well done you idiot!

so now one is a big got because they expect laws to be followed? 

your logic if one could call it that-illegal immigrant crime is ok because crime by legal citizens is just as bad or worse??  my God this is beyond idiocy

  i'd love for you to give to try to explain this to victims of illegal immigrant murders and rapists 

I have no problem with immigration if done the way it was meant to be-controlled

4.5 out of 10

[TAMU, Knower of Ball]

  bigot??  classic conversation closer-well done you idiot!

so now one is a big got because they expect laws to be followed? 

your logic if one could call it that-illegal immigrant crime is ok because crime by legal citizens is just as bad or worse??  my God this is beyond idiocy

  i'd love for you to give to try to explain this to victims of illegal immigrant murders and rapists 

I have no problem with immigration if done the way it was meant to be-controlled

I'll repeat the question since you dodged it.  What does their immigration status have to do with their crime?

[Hards Alumni]

I'll repeat the question since you dodged it.  What does their immigration status have to do with their crime?

He dodged (and will continue to) since my answer was accurate.

[Hards Alumni]

  bigot??  classic conversation closer-well done you idiot!

so now one is a big got because they expect laws to be followed? 

your logic if one could call it that-illegal immigrant crime is ok because crime by legal citizens is just as bad or worse??  my God this is beyond idiocy

  i'd love for you to give to try to explain this to victims of illegal immigrant murders and rapists 

I have no problem with immigration if done the way it was meant to be-controlled

You expect laws to be followed?  Enlighten me as to who you plan to vote in a couple of weeks then.

A convicted felon.

[MU82]

  bigot??  classic conversation closer-well done you idiot!

so now one is a big got because they expect laws to be followed? 

your logic if one could call it that-illegal immigrant crime is ok because crime by legal citizens is just as bad or worse??  my God this is beyond idiocy

  i'd love for you to give to try to explain this to victims of illegal immigrant murders and rapists 

I have no problem with immigration if done the way it was meant to be-controlled

Still waiting for you to condemn your party leaders for lying repeatedly about legal immigrants in Springfield, Ohio. Your racist leaders endangered those legal immigrants, endangered American children, and cost the community more than $1M.

As an inclusive, compassionate non-bigot, you should be outraged, and you should vow not to support those party leaders.

Oh, and because this is the Investing Theead ...

It looks like the Biden/Harris stock market is headed for yet another all-time high. Together with nearly full employment, outstanding GDP, higher wages and falling inflation, it's nice to see an economy that has totally recovered from the sh1t-show the previous administration left behind.

[rocky_warrior]

Ok, too many of you have been talking too much politics.  Stop it.

[MU82]

YOU stop it! You act like this is the Investing Thread or something!!

And speaking of which ... another all-time high this week for AAPL, Douchey's favorite stock.

[tower912]

Shut. Up.   The next thing you are going to say is at the market is at an all time high.

[MU82]

Shut. Up.   The next thing you are going to say is at the market is at an all time high.

The U.S. stock market recently cemented the second year of its bull run, and with the current macroeconomic backdrop in its favor, the bull run may have more years to keep sprinting, strategist Ryan Detrick at Carson Group said.

https://seekingalpha.com/news/4171833-stocks-markets-sp500-bull-run-could-keep-going-for-years-carson-detrick?

[MU82]

Markets have tuned into the soft-landing narrative about the U.S. economy throughout 2024, and a new report shows the economy has more than recovered from the recession blow dealt to it by the COVID pandemic, buoyed by employment at a near all-time high.

The nonpartisan Center for American Progress in a report Thursday credited bipartisan congressional work during the Trump administration and the Biden-Harris administration's continuation of economic stimulus for pushing real Gross Domestic Product beyond growth projections made by the nonpartisan Congressional Budget Office.

https://seekingalpha.com/news/4176913-solid-labor-market-fuels-real-gdp-past-pre-covid-pre-biden-admin-growth-views-report

[MU82]

I touted utilities earlier this year, and here's a major reason why:

Utilities outperform the broader markets amid enthusiasm over AI electricity demand

https://finance.yahoo.com/news/utilities-outperform-the-broader-markets-amid-enthusiasm-over-ai-electricity-demand-175702728.html?

One could argue that utes have run up too high too fast, but the power these mega-companies need has to come from somewhere.

My favorites have been NEE and WEC, though I hold a few others too such as SO and PNW.

[NCMUFan]

Investing.

[MU82]

Investing.

Yes. Anything to offer?