Off-Topic Stock Market & Crypto Discussion

[mr.h]

US Inflation Rate is at 4.98%, compared to 6.04% last month and 8.54% last year, but is higher than the long term average of 3.28%. We are also having a banking crises yet some people think we need to crush the economy, causing massive unemployment and business closures without considering a pause to see if this trend continues.
Using a machete, when precision surgery is needed never has a good outcome. Retailers are already seeing that shoppers are not buying overpriced items. This in itself is proof that supply and demand will work without meaningless .25 rate hikes. Now that the covid crises is officially controlled, if not over, employers will want more workers in the office, which will raise productivity. Half empty office buildings will crush commercial properties.

 

[90scane]

If you want precision surgery, you may want to talk with Congress. They haven’t taken their foot off the gas in years! The FED has a big hammer with no other tools.

 

[SpikeUM]

If you want precision surgery, you may want to talk with Congress. They haven’t taken their foot off the gas in years! The FED has a big hammer with no other tools.

Essentially, the Fed is trying to put out a fire, and the government keeps adding fuel.

 

[SpikeUM]

I’ve heard it is far more than $80B. Let me see if I can find an article.

Then you have reits that are struggling like Blackstone.

I just wish I could get an interest only loan for 10 years on my home. Most people live in a home for 7 years. Thus, the appreciation is profit and you increase your cashflow.

I am reading a report from Newmark that over $1 Trillion of CRE loans are set to mature in 2023/2024, with roughly a third being bank loans.

The report is just statistics, and it doesnt use the words "blue" or "red", but every market they list as particularly troublesome are blue cities. For example, they estimate that 59% of the office space in LA and SF cant support their current loans. Other problem cities were DC, Boston, Seattle and Manhattan.

 

[mr.h]

Essentially, the Fed is trying to put out a fire, and the government keeps adding fuel.

And I thought the Fed started the fire.

 

[DerpaDerp]

US Inflation Rate is at 4.98%, compared to 6.04% last month and 8.54% last year, but is higher than the long term average of 3.28%. We are also having a banking crises yet some people think we need to crush the economy, causing massive unemployment and business closures without considering a pause to see if this trend continues.
Using a machete, when precision surgery is needed never has a good outcome. Retailers are already seeing that shoppers are not buying overpriced items. This in itself is proof that supply and demand will work without meaningless .25 rate hikes. Now that the covid crises is officially controlled, if not over, employers will want more workers in the office, which will raise productivity. Half empty office buildings will crush commercial properties.

If that gets rid of Joe Biden, I'm all for it. Most of the unemployed will be your voters.

I'll laugh.

I'm protected.

 

[SpikeUM]

And I thought the Fed started the fire.

Higher Demand (Spending) than available supply stokes inflation, whether government, corporations or individuals. The Fed initially stoked that fire by waiting too long to raise rates. Corporations and individuals are now curbing spending, however the government continues to spend, and spend, and spend.

 

[mr.h]

Higher Demand (Spending) than available supply stokes inflation, whether government, corporations or individuals. The Fed initially stoked that fire by waiting too long to raise rates. Corporations and individuals are now curbing spending, however the government continues to spend, and spend, and spend.

I agree, but the spending bills passed insured that we rebuild our infrastructure, move to clean energy and bring manufacturing back to the USA. Remember that there is a war in Ukraine which is affecting food supply globally.
I believe that we acquired more debt under the previous administration, even before covid and we cut taxes for the rich, bringing in less revenue. His debt, which added nothing for the country is burdening our country today. Any cuts need to be alongside increased revenue. Please tell me who was in charged when we softened bank regulations.

 

[SpikeUM]

China Locks Information on the Country Inside a Black Box​

China is creating a black box around information on the world’s second-largest economy, alarming global businesses and investors. Prodded by President Xi Jinping’s emphasis on national security, authorities in recent months have restricted or outright cut off overseas access to key databases. The approach is part of a broader effort to tighten the Communist Party’s control on how the rest of the world forms its views on China, Lingling Wei, Yoko Kubota and Dan Strumpf report.

What does the data still tell us? Activity in China’s services sector grew at a healthy pace in April, a sign that Chinese consumers continue to drive the country’s economic rebound. China’s official purchasing managers index for services and construction came in at 56.4 in April, a weaker reading than March’s 58.2 level but still comfortably above the 50 mark that separates expansion from contraction, Jason Douglas reports.

 

[SpikeUM]

I agree, but the spending bills passed insured that we rebuild our infrastructure, move to clean energy and bring manufacturing back to the USA. Remember that there is a war in Ukraine which is affecting food supply globally.
I believe that we acquired more debt under the previous administration, even before covid and we cut taxes for the rich, bringing in less revenue. His debt, which added nothing for the country is burdening our country today. Any cuts need to be alongside increased revenue. Please tell me who was in charged when we softened bank regulations.

It doesnt matter what the spending is for, its still spending.

 

[SpikeUM]

I agree, but the spending bills passed insured that we rebuild our infrastructure, move to clean energy and bring manufacturing back to the USA. Remember that there is a war in Ukraine which is affecting food supply globally.
I believe that we acquired more debt under the previous administration, even before covid and we cut taxes for the rich, bringing in less revenue. His debt, which added nothing for the country is burdening our country today. Any cuts need to be alongside increased revenue. Please tell me who was in charged when we softened bank regulations.

Brandon is spending way more money than Trump (who still spent too much), who at least was dealing with a pandemic.

And the bank failures were failures of supervision, not policies. Remember that all the banks got clean opinions from EXTERNAL auditors, sometimes literally days before they went under. And the Fed (specifically the SF Fed under Mary Daly) is a disaster. The more rules you pass, the less attractive it is to invest in that business.

 

[mr.h]

Brandon is spending way more money than Trump (who still spent too much), who at least was dealing with a pandemic.

And the bank failures were failures of supervision, not policies. Remember that all the banks got clean opinions from EXTERNAL auditors, sometimes literally days before they went under. And the Fed (specifically the SF Fed under Mary Daly) is a disaster. The more rules you pass, the less attractive it is to invest in that business.

Please don‘t blame auditors. Trump and his cronies weakened the Dodd/Frank bill. Then with low interest rates the R’s set this whole mess to happen. All of Trump’s years increased the debt by trillions and we got nothing for it. Our infrastructure was decaying, the whole world knows we are in a climate crises, and we are bringing jobs home with the unemployment rate lower than it’s been for years. This is all on the Republicans who don’t help their constituents. The south has higher mortality rates, lower standards in schools, healthcare and medicines. Do yourself a favor and compare Biden’s budget with the House budget. Taking benefits away from the needed never ends well.
Revenue has to be raised too. Let our representatives figure a fair way to do it, but it has to be done.
Spending matters.

 

[JD08]

It must be liberating to believe that one party has all the answers and the other is completely responsible for us not living in Utopia.

 

[90scane]

It really doesn't matter which side you are on. Both sides are bad at this point. If 0% of the population wants a law passed: it is passed 30% of the time. If 100% of the population wants a law passed: it is passed 30% of the time. We have a representation issue! We can talk about the executive branch until we are blue in the face but Congress is the reason the executive branch has more power. Term limits are needed in all three branches. I could go on but what is the point when our input doesn't matter one bit!

 

[mr.h]

AAPL @ $170+ and should beat revenue
LLY over $400 with Alzheimer drug and weight loss drug in the pipeline.
My favorites

 

[mr.h]

It must be liberating to believe that one party has all the answers and the other is completely responsible for us not living in Utopia.

Not utopia, but a party that stands for women’s rights, workers rights, helping the poor, keeping medical costs down, including pre-existing condition, and just plain fairness by leveling the playing field. But if you’re the 1% of the 1% then I understand.

 

[90scane]

Not utopia, but a party that stands for women’s rights, workers rights, helping the poor, keeping medical costs down, including pre-existing condition, and just plain fairness by leveraging the playing field. But if you’re the 1% of the 1% then I understand.

Women's rights until a male identifies as one
Workers rights until an illegal crosses the border.
Helping the poor? (https://usafacts.org/articles/which-cities-in-the-us-have-the-most-homelessness/)
Keeping medical costs down: our costs our high because we subsidize R&D while the other developed world doesn't do nearly as much R&D. If you don't like it, buy from Canada.
Fairness- You want fairness yet the average American could move to almost any other country and live like a millionaire.

I'm not a Trump fan. I'm not a Biden fan. I don't like many in Congress. I love the USA!

 

[JD08]

Not utopia, but a party that stands for women’s rights, workers rights, helping the poor, keeping medical costs down, including pre-existing condition, and just plain fairness by leveling the playing field. But if you’re the 1% of the 1% then I understand.

I disagree with any philosophy that uses fear and envy to manipulate my opinion.

 

[mr.h]

I disagree with any philosophy that uses fear and envy to manipulate my opinion.

We live in a society. We interact with each other. We cannot survive a Laissez-faire economic philosophy. We are not a plutocracy.

 

[90scane]

We are not a plutocracy.

I'll have to disagree.

We cannot survive a Laissez-faire economic philosophy.

We also cannot survive an economy with too many regulations. If you want GDP to increase, you can't lock down the industries that can help grow the economy.