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Off-Topic Stock Market & Crypto Discussion

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I will be looking at buying opportunities if the Dow dips under 40k.
 
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USD Construction Spending (MoM) (Feb)
0.7% 1.55 0.3% -0.5%
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USD ISM Manufacturing Employment Index (Mar)
44.7 - - 47.6
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USD ISM Manufacturing New Orders Index (Mar)
45.2 - - 48.6
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USD ISM Manufacturing PMI (Mar)
49 -0.59 49.5 50.3
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USD ISM Manufacturing Prices Paid (Mar)
69.4 1.07 65 62.4
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USD JOLTS Job Openings (Feb)
7.568M -0.17 7.63M 7.762M

Construction spending up
ISM manufacturing PMI down
USD JOLTS a job openings down
All slightly, but down for Mar.
 
JD08 said:
Hawaii, San Francisco, and New York City have had housing costs far out of line with the rest of the country for as far back as I can remember. Prices have not dropped, especially not because Canadians didn't move there. I still see motor homes that cost more than a house driving down here with Canadian plates, so I think we'll be fine.
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Hawaii, San Francisco and NYC are different markets.
We may not lose many Canadians that already have homes, condos and trailer pk. Homes or facilities, but it will affect the future home buyers if our relationship sours. Mexico has large Canadian populations and is cheaper.
 
mr.h said:
Hawaii, San Francisco and NYC are different markets.
We may not lose many Canadians that already have homes, condos and trailer pk. Homes or facilities, but it will affect the future home buyers if our relationship sours. Mexico has large Canadian populations and is cheaper.
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Demand currently exceeds supply. We'll be fine.

I fully encourage Canadians moving to Mexico. If they want to buy instead of rent, they'll need a trust since foreigners are prohibited from buying in desirable areas.
 
ADP employment numbers up..this is the private sector
 
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The number of 401(k) millionaires jumped 27% in 2024, according to Fidelity Investments. Over the course of the year, the number increased to 537,000, up from 422,000 in the prior year. The 401(k) millionaires are on average 59 years old and have been investing in the same plan with the same employer for an average of 26 years, the investment firm said. Source: Morningstar
 
SpikeUM said:
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The number of 401(k) millionaires jumped 27% in 2024, according to Fidelity Investments. Over the course of the year, the number increased to 537,000, up from 422,000 in the prior year. The 401(k) millionaires are on average 59 years old and have been investing in the same plan with the same employer for an average of 26 years, the investment firm said. Source: Morningstar
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I would love to have had the same employer for 26 years.
 
Bird4um said:
Why is that?
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Because 26 years ago I had an awesome job at a company I loved. Problem was that it got bought by a larger company with a complementary product. Office politics came into play and they put an ******* from the UK office in charge. The company is effectively gone now after another sale to an even larger company who only wanted the complementary product, not the one with the smaller, steady recurring profit.
 
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