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05-26-2023, 04:06 AM
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#46
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Veteran
Join Date: May 2023
Posts: 122
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Quote:
Originally Posted by tbwinner
Think the market will be more sideways.
This is a lot different than 2008. Inventory is still very low... Why? People don't want to leave their cheap mortgages. Why move if you're in a 3% rate? Everyone and their mother refi'd in the 2020-2022 timeframe to take advantage if they were able.
https://tradingeconomics.com/united-...sing-inventory
Of course all this is thrown out window if unemployment creeps and people start getting foreclosed. Heard of some layoffs in big 4 accounting firms so could happen |
Good point about inventory. Commodities far off their highs of last year and it is starting to be factored into prices at the register so this World Wide inflation seems to be letting up in US. Add in the bank hiccups we saw and I think FED reluctant to continue hiking. You won't see this on FOX or other Gloom and Doom Propaganda sites and certainly not on this board but NASDAQ 100 Index is quietly up 27% on the year. I think market is signaling we are either done or close to done with rate hikes. When they actually start to lower I think real estate will really pick up.
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05-26-2023, 07:57 AM
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#47
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Registered User
Join Date: Oct 2007
Location: Houston , Tx.
Posts: 9,596
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Investment options aren't many. Housing, the stock market, banking investments with meager returns, the list is long. Gold doesn't move much. Hard to shop with a bag of gold.
The damage this administration (Biden in particular) has inflicted on the average American won't really come to light till there's very little left. How long will it take? Will people still start families? If so...why?
The great depression of the 30's may be a speed-bump compared to this country's future.
In a more perfect world, heads would roll over this deliberate sabotage of the American dream.
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05-26-2023, 10:13 AM
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#48
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Veteran
Join Date: May 2023
Posts: 122
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Quote:
Originally Posted by Marshall Bennett
Investment options aren't many. Housing, the stock market, banking investments with meager returns, the list is long. Gold doesn't move much. Hard to shop with a bag of gold.
The damage this administration (Biden in particular) has inflicted on the average American won't really come to light till there's very little left. How long will it take? Will people still start families? If so...why?
The great depression of the 30's may be a speed-bump compared to this country's future.
In a more perfect world, heads would roll over this deliberate sabotage of the American dream.
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Really sorry to here you are struggling dude. I'm seeing zero damage quite frankly. What particularly is this Armageddon scenario that we are all facing so I can be prepaed.
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05-26-2023, 10:22 AM
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#49
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,659
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Quote:
Originally Posted by RayT
Good point about inventory. Commodities far off their highs of last year and it is starting to be factored into prices at the register so this World Wide inflation seems to be letting up in US. Add in the bank hiccups we saw and I think FED reluctant to continue hiking. You won't see this on FOX or other Gloom and Doom Propaganda sites and certainly not on this board but NASDAQ 100 Index is quietly up 27% on the year. I think market is signaling we are either done or close to done with rate hikes. When they actually start to lower I think real estate will really pick up.
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The NASDAQ is up mostly due to the AI hype, correct?
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05-26-2023, 10:34 AM
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#50
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Veteran
Join Date: May 2023
Posts: 122
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Quote:
Originally Posted by PaceAdvantage
The NASDAQ is up mostly due to the AI hype, correct?
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Does the money you made of a different value because of whatever the reason. Nasdaq always is the next big thing , NO? SPX up nearly 8% so theres that.
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05-30-2023, 10:28 AM
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#51
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,659
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Quote:
Originally Posted by RayT
Does the money you made of a different value because of whatever the reason. Nasdaq always is the next big thing , NO? SPX up nearly 8% so theres that.
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I'm so glad I banned your worthless ass...again
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05-30-2023, 12:25 PM
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#52
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Registered User
Join Date: Dec 2015
Location: Toronto
Posts: 1,934
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Quote:
Originally Posted by PaceAdvantage
The NASDAQ is up mostly due to the AI hype, correct?
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Yes, you are correct. It's all the companies with big A.I investments that are pulling up the NASDAQ.
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05-30-2023, 12:35 PM
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#53
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Veteran
Join Date: Oct 2022
Posts: 221
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Quote:
Originally Posted by PaceAdvantage
I'm so glad I banned your worthless ass...again
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Yet another contributor banned for no reason other than hurting your butt? And you're pounding your chest about it? 
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05-30-2023, 12:52 PM
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#54
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,822
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Quote:
Originally Posted by Marshall Bennett
Investment options aren't many. Housing, the stock market, banking investments with meager returns, the list is long. Gold doesn't move much. Hard to shop with a bag of gold.
The damage this administration (Biden in particular) has inflicted on the average American won't really come to light till there's very little left. How long will it take? Will people still start families? If so...why?
The great depression of the 30's may be a speed-bump compared to this country's future.
In a more perfect world, heads would roll over this deliberate sabotage of the American dream.
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Amen brother! Testify!
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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05-30-2023, 01:14 PM
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#55
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Registered User
Join Date: Apr 2008
Location: Louisiana
Posts: 5,597
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Quote:
Originally Posted by United Puett
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As he (Ray) so proudly said.... "if you don't like it, leave".....
He chose his path! Mike just facilitated it as owner operator!
__________________
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men,deriving their just powers from the consent of the
governed.
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05-30-2023, 04:32 PM
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#56
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,659
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Quote:
Originally Posted by United Puett
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As Sarah Palin would say....YOU BETCHA!
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10-22-2023, 06:37 PM
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#58
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,822
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This is getting rough. 50% decline in buying value
https://www.nbcnews.com/business/rcna120801
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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12-19-2023, 03:11 PM
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#59
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,822
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