GON
$100 Site Donor 2024
Maybe that is a reason he lives and is based in the Bahamas.
Maybe that is a reason he lives and is based in the Bahamas.
Actually that's Economics speak. In times of high employment, inflation is a natural result. A "little" inflation is considered a good thing because it means the economy is strong.
Of course the current inflation level is hurting many, but it certainly isn't hurting spending. Consumption continues to be strong and corporate profits are through the roof. These are both drivers of inflation.
Slowing the rate of inflation while maintaining high employment is a rare occurrence.
Apples to oranges. Inflation is rising costs of goods and services over a period of time generally expressed as a rate, budgets are allocation of scarce resources in Economic speak.I understand about background inflation.
If you ask for a 10% increase in next years budget and it gets approved for a 5% increase would you call that a cut? Most people wouldn’t but yet here we are.
Him and two of his deputies threw $69 million as political donations into the recent election. I don't think any account holders are going to get that money back.Maybe that is a reason he lives and is based in the Bahamas.
Sure......It's possible but I think the market will have lose about half of todays gains before it'll happen.Will there be a Santa Claus rally later this year
I beat 'em all, by a bunch (tech baby!). Bring home the groceries!
Really? As a "hold 'em long term" person the past year has registered as about a 0.5 on a scale of 1-10 of things I even think about on a weekly basis. It's the short-term people and the people that may need liquidity now/soon who should be worried. On the same token, yesterday's gains register as a big nothing burger because who cares? It's just one day, one little blip up on a curve that in 6 months you won't even know that blip was there and it's meaningless.I hope you all faired well today... This year has been rough for us "hold 'em long term" guys, but today was simply stellar.
Those aren't "long-term people"...“For the long term people, they should be happy this happened now because it will result in a much healthier market moving forward with plenty of years of gains ahead.”
Unless you are at or near retirement age. Hopefully those people have adjusted their portfolios to cushion times like this. I am one of those people.
Like my parents did me when I was an 18 yr old“You do as I say…. or out the door you go !!! “
Those aren't "long-term people"...
Maybe that is a reason he lives and is based in the Bahamas.
I am not sure if you are asking me a question... By the way, I love the regression curve. I coded a linear regression function in SQL Server to operate on millions of rows of sales data over a relevant range. Used it as a statistical forecast. It was a great challenge and proved to be remarkably accurate going forward. The best part was explaining why it was accurate, but that's another topic.Really? As a "hold 'em long term" person the past year has registered as about a 0.5 on a scale of 1-10 of things I even think about on a weekly basis. It's the short-term people and the people that may need liquidity now/soon who should be worried. On the same token, yesterday's gains register as a big nothing burger because who cares? It's just one day, one little blip up on a curve that in 6 months you won't even know that blip was there and it's meaningless.
If you look at exponential regression models of the S&P 500 for the past 70 years we are still 25% above where we "should've been". If you look at the gains of the S&P 500 over the past 10 years (with my admittedly less accurate linear regression line) we're right where we should've had been had the weirdness of 2020 not happened. Based on exponential regression it can be argued there still hasn't been enough of a correction. These chickens were always going to and had to come home to roost.
For the long term people, they should be happy this happened now because it will result in a much healthier market moving forward with plenty of years of gains ahead.
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