Man ...... I completely forgot about shorting Real Estate like I talked about months ago. I guess I had second thoughts when Warren Buffet bought a few homebuilder stocks . It looks like he bought at the top .
*Investors Blog*
- Thread starter Warstud
- Start date
https://finance.yahoo.com/news/wework-skips-bond-interest-payments-215825747.html
I always thought WeWork was nothing special and lots of hype. This zombie company is almost dead.
I always thought WeWork was nothing special and lots of hype. This zombie company is almost dead.
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https://www.cnbc.com/2023/10/03/aug...-expected-as-labor-market-remains-strong.html
Are these full-time jobs that can support a family…. or part-time low paying jobs ?
Does this trigger a rate hike in November ?
Are these full-time jobs that can support a family…. or part-time low paying jobs ?
Does this trigger a rate hike in November ?
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https://www.pymnts.com/smbs/2023/small-business-bankruptcies-jump-as-capital-grows-scarce/
Small Business Bankruptcies Jump as Capital Grows Scarce
https://www.cnbc.com/2023/10/05/riv...ev-maker-announces-1point5-billion-raise.html
https://electrek.co/2023/10/05/why-rivian-rivn-stock-plummeting-today/
“ Rivian’s loss per vehicle has been improving each quarter as it ramps production. In the second quarter, Rivian lost $32,594 on every vehicle it delivered. Although it is still a large deficit, it’s a 50% improvement from Q1’s loss per vehicle of $67,329. “
https://electrek.co/2023/10/05/why-rivian-rivn-stock-plummeting-today/
“ Rivian’s loss per vehicle has been improving each quarter as it ramps production. In the second quarter, Rivian lost $32,594 on every vehicle it delivered. Although it is still a large deficit, it’s a 50% improvement from Q1’s loss per vehicle of $67,329. “
Doing better. Ford, GM and the rest will likely learn how to make a profit on their EV business in another 2 years or so.
More McJobs being added to payroll report.
https://www.cnbc.com/2023/10/06/jobs-report-september-2023.html
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Yes sir, next rate hike around the corner a strong possibility.
Even though not directly related,
BOA 30 year Mortgage is 7.5% in our area now... I would think we will touch 8% but who knows?
Jan 2023, 5.87% was considered a good rate.
So far, so soft landing. This economy is resilient; inflation is (slowly) cooling. Who'da thunk it?
At some point people need to stop paying "whatever it takes" for stuff where they have a choice, So as prices keep increasing the people with buying logic will tend to stop buying certain products, and/or start looking for better deals on the stuff they want/need to buy which then brings back some of the price cuts and price competition between sellers ... and it also forces retailers to get off the fabricated inflation train factor where they try to gouged consumers.
In Economics, product consumption is related to price elasticity. Price elasticity is a measure of how changes in price affect the demand for a product.
When prices rise too high, customers will seek out viable alternatives, if any exist.
Cars are too expensive, IMO. Cars are depreciating assets. Spending big bucks on a car is a dead end street for the average Joe.
Hermann
Site Donor 2023
Like others here I'm 95% cash. I have about 5% invested in the S&P 500 etf. It's there so I don't have any trading restrictions in my 401K when the worm turns
Who could’ve guessed?
There is a GREAT movie on it as a start up but if you think about it, now, Covid changed the landscape dramatically regarding office space in everyplace of the nation. So they arent the only victims but almost like Thernos at the start up anyway.
You must have been listening to the News
https://www.cnbc.com/2023/10/11/doj...g-coal-devices-fines-could-hit-2-billion.html
“ Ebay could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands of “rolling coal” pollution devices and other products that violate environmental laws to be sold on its platform. “
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“ Ebay could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands of “rolling coal” pollution devices and other products that violate environmental laws to be sold on its platform. “
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