Defending this Great Economy!

[ZipZap]

Maersk layoffs are now up to 10,000. The masses have slowed down. We should be out of rampant inflation soon, as demand crumbles.

Prepare for Gaslighting 3.0.

[Mike Mercury]

https://dougwils.com/wp-content/uploads/2020/03/Gaslighting.jpg

[Moond0ggie]

https://search.brave.com/search?q=Maersk+layoffs&source=desktop

So many signs of economic crash , yet the yahoo finance & all other MSM keep saying we are showing signs of strength & in recovery .
This regime & its minions in the main stream media have been publishing false numbers each month for every category .

[BRUIZER]

There certainly is no lack of funding for DOD contracts for next year or two. But your average middle-class worker-bee is royally fecked from here on out IMHO.

Most places still desirable to live have priced-out the masses.
I just returned from a few days in Bozeman MT.
I'm shocked at the increase in rents and housing in the last couple years. IT'S FRIGGEN MONTANA! The number of those fleeing crowded blue communities because of violent crime and degrading quality of life is shocking. The financial side is only one piece of the puzzle of fubar now known as the US....buckle-up!

[gs568]

Maersk layoffs are now up to 10,000. The masses have slowed down. We should be out of rampant inflation soon, as demand crumbles.

Prepare for Gaslighting 3.0.

But, but Biden allowed 13 million to go back to work and counted it as creating jobs. :rofl:

[BRUIZER]

Odd that you drew that conclusion, considering Bozeman is in Gallatin county…..which voted for Biden.

You believe those residing in Gallatin county reside there for the "city services" and not surroundings is misguided at best.
It's also home to the state university which explains the immaturity. Been to Austin?...but but but TX!
And.."voted for Biden"? :rofl: Yes!...81 MILLION DID!
Btw, Bozeman= 54k residents.
Gallatin county = 127,000 residents.




But feel free to post-up all the progressove policies affecting residents of MT comparative to CA, OR, WA, NY, IL MA etc etc :sleep:

[Moond0ggie]

Please point to this alleged crash.

Do your own due diligence,

I'm not going to scour the internet & my bookmarks to post 30 links ,
when it should be common knowledge to any established market trader .
I have $58k in short positions that should be paying off 10x pretty soon .

Remember the movie , "the Big Short " , featuring the intel that lead to Michael Burry taking huge short positions prior to the 2008-2009 crash?

Thats where we are headed again, if you dont see it, sorry, cant help you !

[Yadkin]

The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.

Moody’s, a global credit rating provider, made the projection on Friday, changing its assessment of the American credit from stable to negative. The news comes as spending and inflation have remained high throughout the Biden administration.

“In the context of higher interest rates, without effective fiscal policy measures to reduce government spending or increase revenues,” Moody’s said in a statement. “Moody’s expects that the U.S.’ fiscal deficits will remain very large, significantly weakening debt affordability.”https://www.dailywire.com/news/u-s-credit-rating-changed-from-stable-to-negative-as-national-debt-balloons

Let's Go Brandon.

[Moond0ggie]

Yeah, no.

I’m not a market trader, so maybe I don’t see it. The economy is not great and it’s not going to be great, but it is not crashing. Nope.

I had record orders in the last three months. I’m good. I use real data.

Just think of all the instability in the world today & all of the unknowns piling thru our open boarders....
now picture terror cells launching several attacks in many large US cities....
What do you think that will do to our stock market when combined with all the other negative economic indicators ?

[Slo Yelo C5]

Do your own due diligence,

I'm not going to scour the internet & my bookmarks to post 30 links ,
when it should be common knowledge to any established market trader .
I have $58k in short positions that should be paying off 10x pretty soon .

Remember the movie , "the Big Short " , featuring the intel that lead to Michael Burry taking huge short positions prior to the 2008-2009 crash?

Thats where we are headed again, if you dont see it, sorry, cant help you !

SPY puts? What's the expiry on your puts?

[Moond0ggie]

SPY puts? What's the expiry on your puts?

Volatility index 2x ETF UVXY
Right before covid hit, I had 1000 @ $60......in March 2020 it shot up past $600.
I sold at $105. ...before that peak , which happened very quickly after I sold .

The volatility index has a lot more wild swings than other market tracking ETFs

[Vandelay Industries]

Bidenomics = Badgernomics

[Budman]

Brandon is hard at work fixing the economy. He just needs four more years. :toetap:

https://www.foxnews.com/politics/biden-campaign-cites-maga-extremism-for-job-woes-argues-president-needs-another-term-for-improvements

[Dan47]

https://www.dailywire.com/news/u-s-credit-rating-changed-from-stable-to-negative-as-national-debt-balloons

Let's Go Brandon.

“In September the U.S. national debt eclipsed $33 trillion, just months after it hit $32 trillion in mid-June.”

I’d call that a crisis. I’m seeing local building projects shelved as a result of Fed interest rate hikes but also stuff still being built. But the bigger issue in my mind is government spending.

Seems the Fed will eventually have to restart QE, if the government continues to spend as it has been. If that happens, hopefully lights a fire under gold prices and I can move to a private island to watch the fireworks (inflation), from a safe distance. :lol:

Good luck and God Bless. :yesnod:

[Torqaholic]

...
I just returned from a few days in Bozeman MT.
I'm shocked at the increase in rents and housing...


:yesnod: Watched a video about that last week. It is due to the huge influx of California refugees. They're moving from a place where a million dollars can barely buy a garage to a place where it that can buy what amounts to a mansion in comparison.

[ZipZap]

:yesnod: Watched a video about that last week. It is due to the huge influx of California refugees. They're moving from a place where a million dollars can barely buy a garage to a place where it that can buy what amounts to a mansion in comparison.

Those days are over in most places. If you don't need to go to work and don't mind 45 minutes to a country grocery store, then yes, there are still some bargains. But they are few and far between.

[zsr22]

Yeah, no.

I’m not a market trader, so maybe I don’t see it. The economy is not great and it’s not going to be great, but it is not crashing. Nope.

I had record orders in the last three months. I’m good. I use real data.

I remember when your real data indicated there was zero evidence of inflation at the grocery store. How'd that data pan out again?



:Jeff '79:

[Frankie the Fink]

Please point to this alleged crash.
Well Kamala said herself that most American families are a $400 unexpected expense away from bankruptcy - so, there is that - Bidenomics baby !

https://www.msn.com/en-us/money/personalfinance/kamala-harris-is-the-disaster-that-keeps-outlook.comgetting-worse/ar-AA1f6BLs

And the GDP-to-debt ratio ( the GDP number that really matters) has just slightly retreated from the highest numbers since WW-II, and back then we had the industrial might to work our way out of it, unlike now:

https://www.macrotrends.net/1381/debt-to-gdp-ratio-historical-chart

Then there is this guy, I don't care for him but many do:

https://www.businessinsider.com/kevin-oleary-us-economy-credit-crunch-fed-interest-rates-chaos-2023-8?op=1

Finally, Forbes said the 40 year inflation high is now "baked into" the economy and that, along with higher interest rates, doesn't bode well - not counting we had a record deficit increase over the last 60 days.

Getting dragged into two wars may bail us out as its done in the past - at the cost of taxpayers' standard of living and young lives.

[Tikiman]

I remember when your real data indicated there was zero evidence of inflation at the grocery store. How'd that data pan out again?



:Jeff '79:.

[Vandelay Industries]

Bidenomics = Badgernomics

How so?

I remember when your real data indicated there was zero evidence of inflation at the grocery store. How'd that data pan out again?



:Jeff '79:

:bigears:

[LATB]

Those days are over in most places. If you don't need to go to work and don't mind 45 minutes to a country grocery store, then yes, there are still some bargains. But they are few and far between.

I find it odd that some complain about driving an hour to get to work. I drove that regularly as a young builder and often more. Back then I worked in 3 states (MD, PA & VA) and DC. There were some tough times and I did whatever I had to do to earn a living. Even now as a 60-something I will clock 100 miles several times a week. My new homestead/farm is 30-45 minutes from the current casa and the nearest grocery is 30 minutes from there.
Americans have become so pussified it is sickening.

[Tikiman]

I find it odd that some complain about driving an hour to get to work. I drove that regularly as a young builder and often more. Back then I worked in 3 states (MD, PA & VA) and DC. There were some tough times and I did whatever I had to do to earn a living. Even now as a 60-something I will clock 100 miles several times a week. My new homestead/farm is 30-45 minutes from the current casa and the nearest grocery is 30 minutes from there.
Americans have become so pussified it is sickening.


Took me an hour to get to my office and an hour fifteen to get home. I put up with it to live where I wanted to live. I did the bedroom community thing in Northern Virginia and it sucked worse than the commute. We all make choices.

[Torqaholic]

.... We all make choices.

Yup, my choice was not to buy a house that was made using $100 nails and $1000 bricks. I suppose if someone else wants to make huge house payments for the rest of their life and live in debt that's their choice. Whatever makes them happy I always say. All I know for sure is when the next great depression hits and bread is selling for a nickel a loaf I won't be the one starving to death without a roof over my head, and that's what makes me happy.

[Frankie the Fink]

Took me an hour to get to my office and an hour fifteen to get home. I put up with it to live where I wanted to live. I did the bedroom community thing in Northern Virginia and it sucked worse than the commute. We all make choices.

Did the opposite, drive to DC from Leonardtown, MD (a 2 hour commute one-way on a good day) for 3 years and then moved to Potomac Yards right outside the beltway in a townhouse - it was wonderful and my commute went to 30-minutes max and we could walk to Old Town, Alexandria for 5 star meals and shopping.

I'm told Old Town after dark now is somewhere you don't want to be and glad I got out before things got to that point.

[Frankie the Fink]

Kamala is your source? No really, Kamala?

:rofl:
Yes, the border and AI czar - her knowledge is indisputable....and based on Venn diagrams.

[GTOguy]

I had brutal, shitty commutes in the SF Bay area for decades. Part of the experience there. You sucked it up and did it. I ended up getting on the road super early, having breakfast at a cafe near my work, and after work, having dinner and heading home after 730. Not cheap, but saved hours of being in gridlock. Things changed around 2000 when my place of work changed to my town, and was only 7 miles away. After that, I re-located to central CA, and traffic and commutes ere a thing of the past. I even rode my bicycle to work or drove my 100 year old Ford. Being retired, I either drive a bunch to visit friends, or not at all for 4 or 5 days at a time. My house is fully paid off and I'm about to sell of the rental property next spring. Less baggage=more freedom.

[lrobe22]

Please point to this alleged crash.


https://www.investopedia.com/why-moodys-cut-its-outlook-for-the-us-economy-8400759

One indication.

[snide]

I'm about to sell of the rental property next spring. Less baggage=more freedom.

I don't know what this means. :shrug:

[ZipZap]

I don't know what this means. :shrug:

Getting rid of his slum shack in Oakland. Hopefully it tests negative for Meth and Fentanyl.

[Vandelay Industries]

Hasn’t changed. Do you want me to post it again?

It'll be just as believable this time. :yesnod:

[Frankie the Fink]

I guess we have some zealots that think things are good....but the average American knows better; but for some, if they have Netflix and the latest iPhone and some greasy food to serve up - everything is good and, yeah, why can't 6 million illegals have that too?

We have become immune to the word "trillion" to the point its the new billion, or, maybe million.

Massive deficit spending on stupid bills like the Inflation Reduction Act, which Biden's own Congressional Budget Office said will do NOTHING to reduce inflation the Build Back Better bill - both massive pork/green/social handout spending and then a manufactured supply chain crisis as people, quarantined for two years coming out of the pandemic with a huge desire for durable goods - and then 130 billion to fight a proxy war and student loan bailouts (done despite a SCOTUS ruling against it) brought us 40 year inflation.

Any first semester economics major could see this coming.

[zsr22]

Hasn’t changed. Do you want me to post it again?


Please do. We could all use a good laugh. Again.

[Jughead]

Zero inflation.

https://www.youtube.com/watch?v=MfA4i-Oy5ak

[Jughead]

https://www.investopedia.com/why-moodys-cut-its-outlook-for-the-us-economy-8400759

One indication.

The WH said they disagree with that report.


:lol:

[Dan47]

I guess we have some zealots that think things are good....but the average American knows better; but for some, if they have Netflix and the latest iPhone and some greasy food to serve up - everything is good and, yeah, why can't 6 million illegals have that too?

We have become immune to the word "trillion" to the point its the billion, or, maybe million.

Massive deficit spending on stupid bills like the Inflation Reduction Act, which Biden's own Congressional Budget Office said will do NOTHING to reduce inflation the Build Back Better bill - both massive pork/green/social handout spending and then a manufactured supply chain crisis as people, quarantined for two years coming out of the pandemic with a huge desire for durable goods - and then 130 billion to fight a proxy war and student loan bailouts (done despite a SCOTUS ruling against it) brought us 40 year inflation.

Any first semester economics major could see this coming.

The politicians convince ignorant Americans that paying more for less, is a result of greedy producers. “First semester (Keynesian) economics majors” are taught spending more for less, keeps Americans from becoming dirty hoarders (savers). “Consumer economy” nonsense and such. :yesnod:

[Egnalf]

My litmus test is twofold, engineering load and purchase orders for projects.

As of today, my engineers are busy a/f and we have projects stacking up/equipment ordered well into next year.

[Jughead]

A time tested key indicator.

https://cimg6.ibsrv.net/gimg/www.corvetteforum.com-vbulletin/600x456/cardboard_boxes_600x456_ee370333142ad1e5ce4db51dc42fa57b9bc23eb1_d1c0e08ceba489bbf4c69a7374d9973d2d346de7.png

[dvarapala]

The WH said they disagree with that report.


:lol:

The WH basically walks back everything Biden says. :funniest:

[GTOguy]

I guess we have some zealots that think things are good....but the average American knows better; but for some, if they have Netflix and the latest iPhone and some greasy food to serve up - everything is good and, yeah, why can't 6 million illegals have that too?

We have become immune to the word "trillion" to the point its the billion, or, maybe million.

Massive deficit spending on stupid bills like the Inflation Reduction Act, which Biden's own Congressional Budget Office said will do NOTHING to reduce inflation the Build Back Better bill - both massive pork/green/social handout spending and then a manufactured supply chain crisis as people, quarantined for two years coming out of the pandemic with a huge desire for durable goods - and then 130 billion to fight a proxy war and student loan bailouts (done despite a SCOTUS ruling against it) brought us 40 year inflation.

Any first semester economics major could see this coming.

Any fifth grader could see this coming. IMO, today's colleges students are morons.

[Dan47]

My litmus test is twofold, engineering load and purchase orders for projects.

As of today, my engineers are busy a/f and we have projects stacking up/equipment ordered well into next year.

Are projects for private sector or public? Here, a lot of government spending crowding out private. Big military base and infrastructure spending, mostly.

Not productive long term but boosts gdp and other bs.

[ZipZap]

The politicians convince ignorant Americans that paying more for less, is a result of greedy producers. “First semester (Keynesian) economics majors” are taught spending more for less, keeps Americans from becoming dirty hoarders (savers). “Consumer economy” nonsense and such. :yesnod:

Governments and businesses will push until there is no more elasticity in markets through tax and price increases. Once they hit that point, they start eating each other as a distraction.

[Onebadcad]

Zero inflation.

https://www.youtube.com/watch?v=MfA4i-Oy5ak

SADLY, best comic of our lifetimes!!

[Egnalf]

Are projects for private sector or public? Here, a lot of government spending crowding out private. Big military base and infrastructure spending, mostly.

Not productive long term but boosts gdp and other bs.

mostly private, but one is for an expansion of a defense contractor.

[Torqaholic]

I assume anyone who would be interested in this news is already aware of it?

stock-market-outlook-dow-sees-death-cross (https://markets.businessinsider.com/news/stocks/stock-market-outlook-dow-sees-death-cross-in-bearish-signal-2023-11)

[Torqaholic]

Geeze, looks like the media sent everyone into a panic for nothing :rofl:

the-dow-just-flashed-a-bullish-golden-cross-2-days-after-the-bearish-death-cross-signal (https://www.msn.com/en-us/money/topstocks/the-dow-just-flashed-a-bullish-golden-cross-2-days-after-the-bearish-death-cross-signal/ar-AA1jZtne?ocid=msedgdhp&pc=U531&cvid=fa02ea6ccad24307861255d0b07751ae&ei=182)