Business growing in NJ?

From GlobeSt:

Northern NJ Office Market Showing Improvement Heading into 2020

The Northern New Jersey office market showed signs of stability and improvement at the end of 2019 positing positive net absorption, lower availability and higher asking rents, according to a report released by Newmark Knight Frank.

The brokerage firm reports that the fundamentals of the Northern New Jersey are poised to continue to improve steadily entering 2020.

The office market in Northern New Jersey ended the year with stable conditions as availability declined slightly from 21.9% to 21.8% during the fourth quarter. Over the past 12 months, more than 600,000 square feet in net absorption was recorded while availability fell by 60 basis points.

The average asking rent in the Northern New Jersey office market continued to rise, increasing by 1.4% over the past year, though some submarkets are seeing stronger growth, Newmark Knight Frank states in its report. Total inventory shrank by 1.0 million square feet in 2019 in Northern New Jersey as obsolete buildings are getting torn down.

The report notes that several submarkets are seeing rents rising faster than the inflationary growth rate typical for most of the market. With the lowest availability rate in Northern New Jersey at 16.7%, Bergen Central saw asking rents for Class A space rise by 6.4% over the past year. In addition to low availability, building upgrades and new amenities, such as those recently completed at Glenpointe in Teaneck, are allowing landlords to start commanding higher rents, Newmark Knight Frank states.

Another area seeing strong rent growth is Newark, where Class A asking rents rose by 4.3% over the past year. Contributing to the rent growth, Downtown Newark is undergoing a revitalization exemplified by the recent completion of Ironside Newark. The development, which is an adaptive reuse of a former warehouse, added 270,000 square feet of new office space to the market in 2019. Meanwhile, the neighboring Gateway Center buildings are undergoing major renovations. These recent developments are helping to improve Newark’s image which is starting to give landlords more pricing power, the report states.

This entry was posted in Economics, New Development, New Jersey Real Estate. Bookmark the permalink.

113 Responses to Business growing in NJ?

  1. dentss dunnigan says:

    First

  2. joyce says:

    Clear your browsing history, cookies and cache. Win-win for everybody.

    Fabius Maximus says:
    January 5, 2020 at 11:48 pm

    I ended up here after I went for nj.com and my browser history dumped me back in here.

  3. The Great Pumpkin says:

    Life is what you make of it. Why are you guys so miserable? The key to happiness is focusing on the good in anything. If you only focus on the negative, you will be miserable. Just trying to help..

    joyce says:
    January 9, 2020 at 8:47 am
    Clear your browsing history, cookies and cache. Win-win for everybody.

    Fabius Maximus says:
    January 5, 2020 at 11:48 pm

    I ended up here after I went for nj.com and my browser history dumped me back in here.

  4. The Great Pumpkin says:

    Article is dead on. To maintain sanity, you must focus on the positive or you will end up killing yourself in utter depression. Love the part about the parents. They are the freaking problem. What a burden they put on the rest of society.

    “The next day I saw my friend the Dean of Students. He told me that he ran into Carlos’ father and a couple of his uncles; they were looking for my classroom. They had baseball bats. I am not the coach of the baseball team. There is no baseball team. In fact, there are no teams at all.”

    ExEssex says:
    January 8, 2020 at 9:12 pm
    It wasn’t one single incident that made me quit teaching in a public middle school. It was the steady, moldy accumulation of dehumanizing, lifeless, squalid misadventures of which I was a part. Like that time with “Carlos,” to pick an incident more or less at random.

    I can’t even remember what it was that happened between Carlos and me. Anger, impatience, frustration, stupidity — and that was just me. Probably just another student who categorically refused to do as he was perfectly reasonably asked — open a book, pick up a pencil, hand in homework — or a teacher’s ineffectual attempts to come up with any good reason at all to learn the Pythagorean Theorem, or some such timeless knowledge. OK! Let’s say you have a ladder leaning against a wall. Suffice to say, our “conversation” ended without closure. But, evidently I said something that upset Carlos.

  5. ExEssex says:

    I was fortunate. Things worked out for me in the middling district I worked in.
    The kids were great and I enjoyed the time I spent there. Mobility is tough in school jobs, they like to lock people into contracts and discourage movement from state to state. The job as a teacher is complex and can be rewarding but I think it takes a toll on adults. Between the tedium and the silliness bored admins introduce into the mix most adults leave the job within the first 5 years. That and the mediocre pay.

  6. ExEssex says:

    (Bloomberg) — Wanted: Restaurant manager. Competitive salary: $100,000. The six-figure sum is not being offered at a haute cuisine location with culinary accolades, but at fast-food chain Taco Bell. Amid an increasingly tough U.S. labor market, the company is betting a higher salary will help it attract workers and keep them on the team. The Yum! Brands Inc.-owned chain will test the higher sal

    Read more at: https://www.bloombergquint.com/business/taco-bell-offering-100-000-salary-amid-mounting-worker-shortage
    Copyright © BloombergQuint

  7. ExEssex says:

    The average American teacher makes $39,000 starting out and approximately $67,000 at the upper end of their earning potential.

    https://www.businessinsider.com/teacher-salaries-by-country-2017-5

  8. The Great Pumpkin says:

    Essex,

    That’s why I laughed for years about people complaining about teaching salaries. I’m like are you f’ing serious? It’s comical. People complaining must really really suck at life to think teachers have it great. Then people accuse me of making up raise percentages and how much money people are making out there. Keep believing what you want, I never ever lied about this wage increases from the people around me including my wife who just got another 5% raise and she is up there.

  9. Libturd, the Master Beta says:

    Not in Jersey.

    Chi, me thinks that pizza place is gonna lose a lot of Jewish business. Bet it shuts down over this.

    Every get pie there? Find any hair or teeth in it?

  10. The Great Pumpkin says:

    So opening article shows nj economy strengthening. Article on Bloomberg about the Taco Bell manager going to 100k. Again, the writing is on the wall for all to see. Greatest boom of our lifetimes and it’s only getting started. NY is investing billions in its infrastructure. Nj will follow suit. Enjoy this for all its worth. Great time to be alive.

  11. ExEssex says:

    Problem is that $100k will barely cover his rent and the payments on the new Tahoe.

  12. ExEssex says:

    I see that $100k trying to entice able bodied thinking, reliable, healthy folks from the sidelines. It’s impressive but In & out pays them lots more out here. Love to see a higher value in a burger flipper than a Teacher. The teacher is expensive and expendable. Quit? They’ll be people lined up to take your job. You get reasonable hours and that all important P E N S I O N so in fact you get paid while you are working and then get paid again when you retire. Burger flipper? No such luck.

  13. chicagofinance says:

    I always wondered why their advertising had the motto PIZZA MACHT FREI…..

    Libturd, the Master Beta says:
    January 9, 2020 at 11:13 am
    Not in Jersey.

    Chi, me thinks that pizza place is gonna lose a lot of Jewish business. Bet it shuts down over this.

    Every get pie there? Find any hair or teeth in it?

  14. The Great Pumpkin says:

    Man, I feel strong about my calls. It’s nice to finally get to 2020.

    “We’re on the brink of 2020, and with it an opportunity to push the reset button. We hope with consumer spending, booming stock market, excellent job outlook, that the housing market will pick up in 2020.

    It might require a little help from the President who has a lot on his hands lately! But so far, he hasn’t paid much attention to it. That has to change if the economy is to improve, and for stock markets to sustain their record heights. Housing creates an economic boost of its own.”

    “Demand is consistently strong in 2019, and will grow in 2020. However supply of affordable homes is the key issue. Supply will be the story for 2020.

    The US consumer looks solid right now, and with the President looking like he’ll be re-elected in 11 months, economic optimism could rocket. A forecast for 7% price growth nationally isn’t out of the question.

    Mansion Global in its report says Millennials will drive the market in 2020. 4.8 million millennials are reaching 30 years of age, and are ready to buy. Many will be moving to the suburbs away from their small city apartments. In November you can see Millennial buyer demand has already been building.

    Sales of affordable homes are down from Florida to California, pointing to buyer frustration and upward price pressure.

    Kiplinger in its report suggests shortages will grow as builders can’t get financing from banks. They point out that housing inventories are down 10% to 30% in many cities. They believe prices will rise 6% for the next few years.”

    “November’s housing inventories fell 7.3% from October. There are 1.64 million homes for sale which is down 5.7% from October of 2018. The trend is strong with now 5 consecutive months of year-over-year inventory declines (lowest November inventory figure since 1999. Without plenty of new construction, the lack of listings should cause prices to rise much more than 2019.”

    https://gordcollins.com/real-estate/us-housing-market-looking-strong-2016-to-2020/

  15. The Great Pumpkin says:

    “According to NAHB, nationwide housing starts rose 13.7% in October to a seasonally adjusted annual rate of 1.29 million units. Single-family starts rose 5.3% in October to a seasonally adjusted annual rate of 877,000. Year-to-date, single-family starts are 8.4% higher than YoY period. Multifamily starts jumped 36.8% to 413,000 units from September’s weak numbers.

    All good news, however much of the production is not in the target range of most buyers.”

    New York-Northern New Jersey-Long Island NY-NJ-PA housing starts up 16% ytd

  16. The Great Pumpkin says:

    Roaring 20’s 2.0….so close I can taste it.

    “There are still fears of a housing market crash, spawned by fears of a stock market crash and slowing global economy. Yet, the US economy continues on very well and the global economy is recovering. As I’ve been forecasting for a long time now, economic and political factors point to a potential bull market in the US starting in 2020, together with low interest rates, although not good conditions for China (Trade deal looks on thin ice, and will likely not hold).”

  17. Bystander says:

    It is epic, emotional stock bubble.

    Monday: Oh no. Trump might start a nuclear war.”
    Friday: “We are still alive!

    Taco Bell manager 100k? Narrative media BS. Tight labor yet reality is that any recruiter in area looking to pay 60 – 70 hr, no bennys for Sr level skills in management or IT. I take enough calls to see true nature of labor market locally. It reeks. No rush at all unless you will eat their $hit wage.

  18. ExEssex says:

    Apparently “productivity” is killing any real wage growth.

  19. D-FENS says:

    Suurree they did…

    @paulkrugman
    Well, I’m on the phone with my computer security service, and as I understand it someone compromised my IP address and is using it to download child p0rn0gr@phy, I might just be a random target. But this could be an attempt to Qanon me. It’s an ugly world out there.

  20. Bystander says:

    Ex

    That is truth. It is extremely sad to see my boss work 60 hours a week, plus many weekends with no chance at promotion or real bonus. Likewise, the H1B slaves are working all hours to keep sponsorship. Their dedication covers up so much business failure that management thinks further layoffs and outsourcing are possible. It is insane.

  21. The Great Pumpkin says:

    I just don’t get it. I’m not in your field, but it has to be one of the only fields out there getting destroyed in a booming labor market. How do they get away with this H1B1 abuse? Why don’t you and other workers start a movement. Refuse to work with anyone that is a “fake” H1B1. If everyone quits, it might take a year, but they will have no choice but to pay up to the people managing these H1B1’s.

    Other option. Go into sales and get the f’k out of your field.

    Bystander says:
    January 9, 2020 at 2:06 pm
    Ex

    That is truth. It is extremely sad to see my boss work 60 hours a week, plus many weekends with no chance at promotion or real bonus. Likewise, the H1B slaves are working all hours to keep sponsorship. Their dedication covers up so much business failure that management thinks further layoffs and outsourcing are possible. It is insane.

  22. The Great Pumpkin says:

    But do something…. don’t sit there and continue down the same sad path year over year.

  23. The Great Pumpkin says:

    Krugman is pedophile? Lmao. What a sicko.

  24. Bystander says:

    Banking is not a ‘field’, dumbass. Years of low yield does have impact..it is been proven time and time again that job gains are at lowest pay level, particularly food industry. Wait until this sh*t explodes.

    There are now 7000 breweries in US, a staggering 60% have opened since 2014.

  25. JCer says:

    pumps you don’t get it, the politicians are owned. I work in the same field potentially for the same company as bystander, no one is doing a thing to stop abuses. People come over and they are modern day slaves. No one will stop it and you either play along or find alternate work….

  26. Libturd, knows you can't spell nice without ICE says:

    The reason the Bell is paying 100K is because there is no one willing to work the sh1t job. That Wall is going to complete screw up the economy.

  27. ExEssex says:

    There’s a McDonalds near me open 24×7. Only if you hit at 4am it’s cash only.
    The food is hot, the people are nice. Maybe they clean the place overnight too.

  28. The Great Pumpkin says:

    The Great Pumpkin says:
    November 28, 2018 at 12:00 pm
    I don’t exactly get how apple is overvalued? It’s making a sh!t load of profit. It’s a damn well run company that will survive a long time.
    chicagofinance says:
    November 28, 2018 at 12:07 pm
    Your stupidity is capable of ripping a hole into the Internet……

    The Great Pumpkin says:
    November 28, 2018 at 12:00 pm
    I don’t exactly get how apple is overvalued? It’s making a sh!t load of profit. It’s a damn well run company that will survive a long time.

  29. The Great Pumpkin says:

    The Great Pumpkin says:
    November 28, 2018 at 12:56 pm
    Where do I start?

    Immense pile of cash for future investment.

    Rock solid earnings (best ever 4th qt).

    Great price to earnings ratio.

    THEY ARE THE MOST DOMINANT COMPANY IN THE WORLD (NOTHING HAS CHANGED THAT).

    They have some of the most loyal customers out there, built on a solid product reputation that almost never fails. NO COMPETITOR CAN COME CLOSE TO THE RELIABILITY AND PERFORMANCE OF APPLE PRODUCTS IN THE TECH WORLD. NOT EVEN CLOSE.

    The apple watch is a game changer. If you can’t see how this product is going to change society, you have no vision.

    They have successfully moved their business away from relying solely on the iphone or any one product.

    They have also expanded their service business at a rapid pace that will be a main feature of society for years to come.

    I can go on and on, apple is a got damn beast this world has never witnessed before.

    The haters love to hate apple, but the company proves them wrong, year after year.

    Let me guess, your hate for apple blinds you from seeing the long term investment it is. There is not a better long term investment with the same risk to reward ratio out there. There is almost no risk of losing money on apple if you buy now and hold for 5 years….almost impossible to lose in that time frame.

    PumpkinFace says:
    November 28, 2018 at 12:44 pm
    What’s your explanation for it’s current valuation and forward looking expectations other than “sh!t load of profit” and “I don’t understand”?

  30. The Great Pumpkin says:

    Good job, lefty.

    leftwing says:
    November 28, 2018 at 1:29 pm
    Re: AAPL….

    A discussion of any investment needs to frame the horizon and strategy to have any value….

    I picked up some AAPL in my LT account – investment horizon three years or more. I filled about 1/3 of the amount I would ultimately seek and wrote some ST calls against it.

    I did that because my view is that I like it longer term but either/both of company specific or general market issues may drag it down shorter term.

    Company has all the LT merits previously mentioned and well known. My ST concern aside from the general market is that I really don’t like that they have tweaked their strategy to produce more models of the phone while simultaneously removing unit sale transparency and focusing on the premium priced product. Most disturbing was Cook’s analogy while announcing the change, to the effect of “the number of items in a shopping cart at the supermarket is not a good indicator of the total amount you pay”. To me, it is an all but a tacit admission that they are in the midst of a product mix transition that will have some near term bumps.

    I’m also not thrilled with the technical setup in the stock, which is always my final ‘idiot check’ before investing.

    So given the above, I went in for only a portion of the long I desire and hedged myself with the covered call. If it declines I’ll dollar cost average in at opportune times writing against those positions, getting me my desired LT hold at an aggregate cheaper price. If I misjudged and it holds the price here I’ll pocket about 8% in a month from stock gain/premium unless I roll the call and I end up leaving some short term upside on the table…

    But, again, this is LT investment so I am surely not looking at it minute by minute, day by day.

    Best advice to others here was in the first sentence…have an investment strategy that follows your investment horizon, and adhere to it. For both entry and exit criteria. Everything else is noise.

  31. The Great Pumpkin says:

    Rambling, huh?

    PumpkinFace says:
    November 28, 2018 at 4:01 pm
    Where do I start?
    Your use of capital letters does not an analysis make.

    Let me guess? Your post had more rambling and babbling nonsense than any actual analysis. I don’t hate apple. I use an iPhone, genius.

    There is not a better long term investment with the same risk to reward ratio out there. There is almost no risk of losing money on apple if you buy now and hold for 5 years….almost impossible to lose in that time frame.

    Do you know how many times you’ve said that exact same thing about real estate? Do you honestly believe you’re being “logical” and objective when you flip flop every day every week every month? While back articles were coming out about negative effects of tariffs and you cried about it ruining your stupid predictions… and yesterday you praised Trump for the tariffs and how it aligns with your predictions. Do you not have any short or long term memory? You’re no different than people who constantly say the sky is falling or will fall next year – just in the opposite direction.

    Stealing something out of your playbook: PROVE ME WRONG

  32. The Great Pumpkin says:

    The Great Pumpkin says:
    November 27, 2018 at 12:30 pm
    Whether you acknowledge it or not, wage inflation has hit most of the economy. To say not, is just going against me for the sake of argument. Do remember how stagnant wages were at the time of my calls? You were lucky to have a job.

    Blue Ribbon Teacher says:
    November 26, 2018 at 6:38 pm
    I didn’t get the name “Great Pumpkin” for no reason. It was given to me by Lib because he thought my calls would never come. I annoyed this board for years with my calls, go look it up. I gave specific years too. So don’t sit here and accuse me of making up my calls after the fact.

    Wage inflation never came. And if it ever does in nominal terms, it will lag real assets.

  33. The Great Pumpkin says:

    The Great Pumpkin says:
    November 27, 2018 at 12:32 pm
    Blue,

    As for specific stock calls, you heard mine last week. Buy all the amazon and apple you can afford. We are at the bottom for those stocks. They got hammered. Buying opportunity now.

  34. The Great Pumpkin says:

    Your welcome to anyone that listened to my rambling advice.

    Blue called me out and asked for specific investments at the moment. I give him my calls…buy all the Apple and amazon you could afford. This is when no one would touch these two stocks. No one wanted anything to do with it.

  35. The Great Pumpkin says:

    Apple was thought to be over at this time. The iPhone was dead as was their innovation I was told.

  36. The Great Pumpkin says:

    Pretty crazy that they are putting up a wall, yet the real harm is through this crap. Everyone turns a blind eye and no one does a damn thing. Banking is ruthless.

    So we are basically putting up a wall to stop the immigration we actually need, yet turning a blind eye to the immigration that actually takes good paying jobs from skilled Americans.

    Now try to explain this part to me. What is up with the Indians. If this is high skilled work, how do they have the skills to do it? Why are they doing it for slave labor?

    JCer says:
    January 9, 2020 at 3:19 pm
    pumps you don’t get it, the politicians are owned. I work in the same field potentially for the same company as bystander, no one is doing a thing to stop abuses. People come over and they are modern day slaves. No one will stop it and you either play along or find alternate work….

  37. The Great Pumpkin says:

    If they are doing high skilled work at slave labor cost, maybe we should be grateful? It’s like the anti minimum wage argument. This is lowering the cost for everyone. So this is good? Not my position, just trying to understand this.

  38. Blue Ribbon Teacher says:

    The only problem is, you didn’t buy any

  39. The Great Pumpkin says:

    Blue,

    Why can’t you just say good call. You asked for a specific call at the time (mocking me, like I’m an idiot) and I provided you with a gold mine with almost zero risk of losing your money.

    I blame expat and clot for starting the “bash pumpkin” train. I have been right with almost every call, and I get treated like I’m so rambling idiot. Just crazy. I’m nowhere near the smartest guy in the room, but I’m not a rambling idiot. I have brought nothing but value with my calls.

  40. The Great Pumpkin says:

    Whoever listened to me over the years has made a lot of f’en money since 2013. I sure as hell have. I went full throttle on fang stocks and never let off the gas despite the yearly calls for recession and stock/housing crash. I stuck by my call of roaring 20’s 2.0 and did not put one dollar in currency or bonds. Not one dollar. My wife’s 401k has been in a fund based heavily on fang at 75% since 2015. The other 25% in the s&p 500. No safety. So imagine the returns I helped her achieve. I have been putting money on my belief that we are in the greatest economic boom of our lifetime…

  41. PatrioticHillbilly says:

    Whoop de doo imbecile. You figured out how to it a mutual fund.

  42. PatrioticHillbilly says:

    Buy

  43. Bystander says:

    Wow, chew on this when sucking your own d*ck, Blumpy. Highest Fed sponsored repo injections:

    -Jan 2 2000 – 120b
    -Sep 16, 2001 – 75b
    -June 15, 2008 & Sept 14, 2008 – 124b

    Hmm, some catastrophic events in there. Drumroll…..

    Dec 22, 2019 – a whopping 235b injected.

    What a mighty stock picker when Fed has endured no risk anymore. This will end well except they will never be able to end it. Keep cheering dummy

  44. Blue Ribbon Teacher says:

    Why can’t you just say good call. You asked for a specific call at the time (mocking me, like I’m an idiot) and I provided you with a gold mine with almost zero risk of losing your money.

    Because you didn’t put any money into it. It’s called skin in the game son. You said buy Apple…sure great call, you made $0 on it. Congrats. I’m up 20% this year and collecting 8% in dividends.

  45. Libturd, channelling ExPat says:

    Don’t worry By. When everyone is standing around with nothing but their dicks in their hands, maybe we’ll build some damns and tunnels to give those roarin’ 20’s believers a leg up.

  46. The Great Pumpkin says:

    You see the allocations? I also put 75% not in the s&p 500, but in a tech heavy fund based on the big boys. 0% in safety. So say what you want.

    PatrioticHillbilly says:
    January 9, 2020 at 9:43 pm
    Whoop de doo imbecile. You figured out how to it a mutual fund.

  47. The Great Pumpkin says:

    Again, I’m not saying I’m smarter than anyone in this room. I made some amazing calls for whatever reason. You can laugh at my reasoning, and call it rambling, but can’t ignore how correct it has been. You are telling me back in 2013, that any of you would have expected that this economy would be here in 2020? Wow, pumps was right…

  48. OK Snowflake says:

    Pumps

    If you are such a wonderful clairvoyant, why did you become a teacher and buy a house on a highway?

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  50. PatrioticHillbilly says:

    Because that’s the limits of his ability and ambition. He spends half his year working to for enough take home pay for property taxes and that’s just fine with him. A real big shot.

    It’s not a knock on teachers but the ones who I know and admire don’t pretend to be tycoons because they were gifted a house by nana and dabble in their spouses 401k.

  51. Blue Ribbon Teacher says:

    No one believes you.

  52. PatrioticHillbilly says:

    Of course not. He’s a liar and embellisher. He not fooling anyone. What the imbecile calls a FAANG fund the rest of the world calls an index fund. He bought the nasdaq. Whoop de doo.

  53. 1987 Condo says:

    Jobs: +145,000

    U/E: 3.5%

    Earnings: up 2.9% yoy

    Revisions: down 4k, 1ok, oct/nov

  54. The Great Pumpkin says:

    You still don’t get it. There are ways to take risk with your 401k allocation and maximize profits. I did that by putting fear aside and taking maximum risk. I’m sorry you don’t get it.

    PatrioticHillbilly says:
    January 10, 2020 at 8:14 am
    Of course not. He’s a liar and embellisher. He not fooling anyone. What the imbecile calls a FAANG fund the rest of the world calls an index fund. He bought the nasdaq. Whoop de doo.

  55. The Great Pumpkin says:

    What did I do to you? Defend myself after being accused of being an idiot for making calls no one believed in? Whatever…you have a right to your opinion.

    I became a teacher for a reason.

    Expat was nothing more than a bitter hater. I do not own a highway house. He just loved to bash me and make up bs.

    OK Snowflake says:
    January 10, 2020 at 5:46 am
    Pumps

    If you are such a wonderful clairvoyant, why did you become a teacher and buy a house on a highway?

  56. The Great Pumpkin says:

    Snowflake,

    Give me a prediction. I put myself out there and make calls I know I will take heat for. So let’s hear your calls.

  57. Libturd, the Master Beta says:

    In 2020, your students will wish they went to a charter school.

  58. PatrioticHillbilly says:

    Lol. Ok. You bought index funds in your wife’s 401k. That’s maximum risk.

    You show me you backed up up the truck for nvidia near the lows on margin and I’ll be impressed.

  59. PatrioticHillbilly says:

    This is your idiocy’s visions of grandeur again. A contractor drops a flyer off at your house and you think you live in an architectural masterpiece.

  60. Juice Box says:

    Our media always does a crap job of reporting.

    Here are pics of the Missile parts by the crash site.

    https://www.theguardian.com/world/2020/jan/09/iran-plane-crash-visual-guide#img-3

    The Tor M-1 operator is to blame here, he is MIA by now, they were on high alert for a possible airstrikes from US forces, he got an itchy finger perhaps or was told to shoot down anything that even looks like a bomber.

    http://www.military-today.com/missiles/tor.htm

  61. D-FENS says:

    @joelpollak
    Trump Launched Iran Strikes to Avenge Murder of Muslim-American Immigrant | Breitbart

    https://twitter.com/joelpollak/status/1215625204732313600?s=20

  62. Juice Box says:

    Zima is back this time from Inbev as Bud Light Seltzer.

    Cane sugar, yeast, water and flavor folks…blechhh

  63. The Great Pumpkin says:

    Flyer? When no one was home, my home security footage showed a contractor taking pictures of my house with his phone and inspecting the columns supporting my front porch. I don’t live in some mansion, but my house is attractive. I like center hall colonials, and this one was done right. Why is that a problem? Visions of gradeur? It’s not some obnoxious gaudy home that some Italian would like.

    And again, my lifestyle has nothing to do with my teaching job. I live in a duel income household. My wife makes great money. I have had a side business going since I was 20 that made a sh!t load on appreciation and rental income. I have also done well with my stock investments. So, put it all together, and life is pretty good. Why the hate? You could have done the same thing, but you didn’t. So you bash me for it. I’m just living the American dream. Coming from nothing, and making something. Thank you to New Jersey and the USA for all the opportunities you provide. So fortunate to be born where I was. Might not have had much growing up, but very happy with the rewards of hard work and risk taking.

    PatrioticHillbilly says:
    January 10, 2020 at 9:06 am
    This is your idiocy’s visions of grandeur again. A contractor drops a flyer off at your house and you think you live in an architectural masterpiece.

  64. D-FENS says:

    Your comment about Italians is incredibly offensive. Fcuk off

  65. The Great Pumpkin says:

    Sorry, did not mean to be offensive. Just not my taste…

  66. D-FENS says:

    I’m especially irritated lately at the partisan nature of reporting. I imagine it will only get worse as the election nears.

    NO ONE reported that the contractor who was murdered that touched off these events was a Iraqi-American Muslim immigrant.

    Juice Box says:
    January 10, 2020 at 9:34 am
    Our media always does a crap job of reporting.

    Here are pics of the Missile parts by the crash site.

  67. The Great Pumpkin says:

    Listen I’m not a millionaire. Over the last 3 years, her 401k hit an avg of 21%. That’s doubling your money in a 401k in 5 years. F off. 32% in the past year alone. Might be nothing to you, but as young as we are, this will pay dividends when compounded over time. Every percentage matters. I made her a lot of money.

    PatrioticHillbilly says:
    January 10, 2020 at 9:04 am
    Lol. Ok. You bought index funds in your wife’s 401k. That’s maximum risk.

    You show me you backed up up the truck for nvidia near the lows on margin and I’ll be impressed.

  68. PatrioticHillbilly says:

    You’ve identified your oft repeated problem. You act like you are special. You are not.

    And don’t reply with your annoying diatribe about your upbringing and how you made it. No one cares.

  69. Not a teacher, I'm special says:

    32% in the past year alone.

    The S&P 500 Price index returned 30.43% in 2019.

  70. The Great Pumpkin says:

    So you put your entire 401k on the S&P 500? Good job for believing in the economy. I right there with you. And I’ll take the 1.5% extra. It makes a difference with the amount in the 401k. Bank don’t even pay 1.5%, so don’t write it off as nothing. Anytime you beat the s&p, it’s a good year.

  71. D-FENS says:

    Cocaine Mitch is breaking Pelosi

    @AP
    BREAKING: Speaker Pelosi says House will take steps next week to send impeachment articles to Senate for President Trump’s trial.

  72. Libturd says:

    Mitch is the least popular person in DC!

  73. Juice Box says:

    History Rhymes.

    Clinton’s trial lasted about 4 weeks. Monica was never called as a witness. Senate Democrats at time time not only opposed calling witnesses, all but one voted to dismiss both articles without any trial.

    What if Monica took the stand?

    https://www.wsj.com/articles/what-if-monica-had-taken-the-stand-11576714035

  74. Bystander says:

    Man, what next Trudeau? They killed 63 citizens. If that is not act of war then not sure what constitutes the term..eh?

    Secretary of State Mike Pompeo said Friday that the US believes it’s “likely” Iran shot down a Ukrainian jetliner that crashed near Iran’s capital Tehran earlier this week, killing all 176 people on board the Boeing 737-800.

    “We do believe it’s likely that plane was shot down by a Iranian missile,” Pompeo said at the White House.
    Pompeo said when a final determination is made, “we and the world will take appropriate response.”

  75. Blue Ribbon Teacher says:

    How about Ukraine? I’d love to hear a statement from them.

  76. redted says:

    “I’m especially irritated lately at the partisan nature of reporting. I imagine it will only get worse as the election nears.

    NO ONE reported that the contractor who was murdered that touched off these events was a Iraqi-American Muslim immigrant.”

    I just googled his name and the first 2 articles that came up mention it and are from the libruuulllll media, wapo and nbcnews.

  77. Juice Box says:

    There is no doubt about it, Trump should be impeached for killing Suleiman because he is being impeached. I heard it from Rachel Maddow so it must be true.

  78. PumpkinGot Ticketfor737Max says:

    Pumpkin, use this Boeing email fiasco as an example of the emails not to send about your school, your jobs, your students when is time to pay the piper.

    From Business insider, edited

    These quotes show just how badly Boeing miscalculated with its 737 Max program and how its employees paid the price while contributing to its downfall.

    “This airplane is designed by clowns who in turn are supervised by monkeys.”

    Boeing’s 737 Max program employees knew the aircraft was flawed and had fundamental issues with leadership at Boeing. One of the main gripes by employees was that the managers and superiors didn’t have the requisite technical understanding of the aircraft and couldn’t fix its problems.

    “Would you put your family on a Max simulator trained aircraft? I wouldn’t.”

    Program employees didn’t even trust the aircraft with the lives of their families with another employee responding “No” to the question. The lack of confidence in the program is a sharp contrast from its predecessor, the Boeing 737 NG, which is one of the safest aircraft in the world.

    “Fortunately I have all the skills of a used car salesman, and I have the ability to use the Jedi mind trick”

    With Boeing wanting to sell the Max as nearly the same aircraft as the Boeing 737 NG, despite the two being different models, some convincing had to be done to regulators and customers. The messages show employees constantly pointing out differences between the two but took pride in the swindle, often referring it to as the “Jedi mind trick” and negatively referring to those who were convinced as “fools.”
    “Looks like my Jedi mind trick worked again! These are not the droids you’re looking for”

    An email in the newly-released package appears to show a Boeing employee selling the similarities between the Boeing 737 Max and 737 NG to an airline 737 training employee based in Jakarta, Indonesia, where the airline that operated the first Boeing 737 Max 8 to crash, Lion Air, is based. Once the employee came around to Boeing’s way of thinking, the email was forward to colleagues at Boeing to boast the achievement.

    “I’ll be shocked if the FAA passes this turd.”

    The FAA has been criticized for being too complacent when it came to evaluating the Max, with elected officials even holding hearings on the topic. Approval from the US’ aviation regulator is typically seen as a gold standard, with most foreign regulators following the FAA’s lead.

    “We’ll probably have to go to other regulators around the world to Jedi-mind trick [sic] them into accepting the FSB findings, but that shouldn’t be too hard.”

    Regulators that didn’t follow the FAA’s lead on accepting the similarities between the two when it came to a standardized type rating then found themselves subjected to the Jedi mind trick.

    “Well, I think with all the experience present, we should be able to gang up on them and steer it the direction we want.”

    Customers and regulators that the Jedi mind trick didn’t work on, however, were subjected to bully tactics. Boeing’s reputation before the crashes, after all, was one of trustworthiness and a history of success, especially in the prior 737 models.

    “I still haven’t been forgiven by God for the covering up I did last year.”

    Though unclear what was being covered up, the employee could’ve been referred to any number of issues related to the Max.
    “Cant [sic] do it one more time. the Pearly gates will be closed…”

    “Is it too early to start drinking.”

    With Boeing’s supply chain and testing facilities spread across the globe, employees were often overworked and over traveled. Singapore, London, and Miami were frequent destinations of Boeing employees that sometimes required extended trips.
    When one employee discussed getting a new bed for his back, he commented on May 1: “Although I won’t be sleeping in it till June at the rate I’m traveling.”

    “I will go and do some useful stuff. Try not to think about the shit show…”

    Employees frequently expressed their dismay about working on the program and joked about how physical harm would be preferable to working on the project.
    When faced with another potential setback, one employee said: “But to be honest, I hope I get hit by a bus between now and then, really don’t want to be there.”

    “I don’t trust many people in Boeing.”

    “I don’t know how to fix these things…it’s systemic. It’s culture. It’s the fact that we have a senior leadership team that understand [sic] very little about the business and yet are driving us to certain objectives.”

    “I don’t know how to refer to the very, very few us on the program who are interested only in truth But [sic] it’s mostly depressing that it’s so few.”

    “Our arrogance is our demise.”

    “Sometimes you have to let things fail big so that everyone can identify a problem…maybe that’s what needs to happen rather than just continuing to scrape by.”

    “Best part is we are re-starting this whole thing with the 777X with the same supplied and have signed up to an even more aggressive schedule!”

  79. The Great Pumpkin says:

    Boeing is an embarrassment. It’s what always happens with a good company over time. People catch wind that they don’t have to work as hard because the reputation sells itself. Every single person starts taking advantage and half a$$ing it. This is not unique to Boeing. This is what happens to every business or organization that hits the top of the game. Human nature takes over and they start to rest on their morals. Patriots are the only organization I’ve seen overcome this. For two decades they have destroyed the competition and never rested on their pedigree.

    Boeing needed to fall on their face before they kill more people. They should be put in jail for knowingly disregarding the safety of others.

    It’s so hard to find quality workers no matter what industry. Most people are always looking for the easy way out. They have no honor or respect for their life story. You have one life to live, and if you want to live it by half a$$ing it and cheating your way through it; you are a loser. On your death bed, you deserve every ounce of remorse you will receive. You took your only chance at creating a good life story to be proud of by taking the easy way out. The price will already have been paid by the time you realize the grave mistake. It will be too late to fix the mess you made of your life. Now die on that bitter pill…

    Folks, you will never get another shot at life. Do something great with it.

  80. Bystander says:

    My call, buy Boeing on the f&#ckin dip. I am a freaking genius.

  81. The Great Pumpkin says:

    Not me. Stuck to my calls and acted on it. This article nails it.

    “How many times over the past decade were you convinced to bail this bull market?”

    “Stocks are up 495% in the past decade — here’s why you probably aren’t”

    ‘Bad news smashes your face against an amplifier, while good news just plays quietly in the background’

    https://on.mktw.net/37HtuKe

  82. The Great Pumpkin says:

    ““It’s impossible to deny that things have dramatically improved since the end of the recession,” Batnick wrote. “But the reason why I struggled to fill up the chart above is because gradual improvements go unnoticed.”

    Some of those gradual improvements that have helped push the stock market 495% higher include advances in medicine, professional content curation, costs going down for financial products, high-speed wifi everywhere, etc.”

  83. Bystander says:

    Damn..bad couple of days for Canada. RIP Neal Peart..GOAT.

  84. Bystander says:

    Glad he is at rest with his wife and daughter. Incredibly tragic life. Lost both in a year.

  85. The Great Pumpkin says:

    Hillbilly,

    Understand?

    “You would think that keeping up with the market is as simple as buying an index fund and leaving it alone,” Batnick concluded in his post. “And it is that simple, but it isn’t that easy, because bad news smashes your face against an amplifier, while good news just plays quietly in the background.”

  86. The Great Pumpkin says:

    Omg. So messed up. This was a comment from that article. Wish he came to this blog and listened to me.

    “I’ve listened to market watch so I’ve sold 35 different times due to imminent recessions and market crashes. I’m down 35 percent in a decade”

  87. The Greater Pumpkin says:

    Yes yes! He should have listened to me and put everything into Wayne real estate.

  88. The Great Pumpkin says:

    It’s a good move for the long term. Just do yourself a favor and buy any piece of real estate in north jersey while it’s still cheap. The tech game is moving in on nyc. Silicon Valley pricing will eventually come to this market. It’s inevitable.

    The Greater Pumpkin says:
    January 10, 2020 at 8:29 pm
    Yes yes! He should have listened to me and put everything into Wayne real estate.

  89. The Great Pumpkin says:

    Damn, I freaking nailed this 8 years out. Seriously, someone give me a “nice call.”

    Everyone is starting to wake up and smell the coffee. You know what that means? Get ready for the stage of euphoria. That’s when the party really begins.

    “I’ve been doing this for 40 years and I’ve never seen anything like this (Economy).” Varney, Fox and Friends.

  90. The Great Pumpkin says:

    How long have I been saying “best economy of our lifetime?”

  91. The Great Pumpkin says:

    Rambling idiot, huh? Dumb pumpkin..

    Clot, where you at? I’m still waiting for roaming bands of people standing around the garbage can fire.

  92. Blue Ribbon Teacher says:

    Maybe because we spent six years telling you the “buy real estate” mantra was stupid. We even laid out the math as to why stock market gain were crushing real estate gains. Now you want to somehow change the narrative and act like you were saying buy stocks all along. Like I said, no one believes you.

  93. Chi says:

    WTF is the mountain of crap?

    Just wipe it clean and start over. Yikes

  94. The Great Pumpkin says:

    Real estate is a long term game. You still don’t get it. I was pushing real estate because of cheap loans. Free money dude. So as good as stocks are, you can’t borrow other people’s money at free money rates to buy it. This is the difference. You were and are still buying real estate when it is cheap. Just wait till inflation kicks in when the economy really gets going. Real estate is going to go through the roof. Do you understand supply and demand? The supply is f’ed. You just haven’t seen the market participants go to war for it yet. They still think it’s going to crash and have been holding back. When their mindsets change, get ready.

    You pointed out to me that I didn’t make money off my calls. I brought up the stock market to show you I did. Just because I love real estate as an investment vehicle doesn’t mean I don’t love stocks. Come on, man!

    Blue Ribbon Teacher says:
    January 10, 2020 at 10:11 pm
    Maybe because we spent six years telling you the “buy real estate” mantra was stupid. We even laid out the math as to why stock market gain were crushing real estate gains. Now you want to somehow change the narrative and act like you were saying buy stocks all along. Like I said, no one believes you.

  95. The Great Pumpkin says:

    I beat the s&p avg with a 401k. Do you know how difficult that is? Oh right, you do. You just love to put me down.

    Chi says:
    January 10, 2020 at 11:57 pm
    WTF is the mountain of crap?

    Just wipe it clean and start over. Yikes

  96. The Great Pumpkin says:

    Blue,

    And do you see how you guys make every excuse in the book to deny me credit? It’s getting old. Just be a man and accept, you should have not bashed me and laughed at my calls. Who is in position to laugh now? …but I won’t.

  97. The Great Pumpkin says:

    Where’s lefty? He still shorting Tesla? Hope he didn’t kill himself if he was…

  98. 3b says:

    For the love of God stop it!! It’s out of control!!

  99. Mike S says:

    Post your post tax portfolio returns for the last 7 years and I will believe you.

  100. Blue Ribbon Teacher says:

    And do you see how you guys make every excuse in the book to deny me credit? It’s getting old. Just be a man and accept, you should have not bashed me and laughed at my calls. Who is in position to laugh now? …but I won’t.

    You aren’t. All of your money is tied up in your home, and you know it. Your Nana’s 2nd floor has walls painted 2 different colors. I saw it when you were trying to rent it out online. You can’t even afford different buckets of paint.

  101. Blue Ribbon Teacher says:

    and if you even were buying stocks all along the way, you would have been bragging about your gains nonstop on the way up the past decade. Instead, you were bragging about your home value and not a mention of stocks. Like I said, no one believes you.

  102. Blue Ribbon Teacher if he wasn’t a hater says:

    Hey pumps, nice call on Apple and amazon. You really knocked it out of the park when I put you on the spot and demanded a call. Good job.

  103. The Great Pumpkin says:

    I’m getting 1550 a month from that second floor apartment. So stfu. Money talks, bs walks. I put a lot of money into updating that house. So kiss my a$$.

    Btw, I never bragged on here. I WAS ALWAYS DEFENDING MYSELF from the constant attacks.

    You want bragging? Next time google updates their pictures of my house, you will see my new car I bought in November. Can’t wait to go rip my m3 on this beautiful day. Now that’s bragging.

    Blue Ribbon Teacher says:
    January 11, 2020 at 1:04 pm
    And do you see how you guys make every excuse in the book to deny me credit? It’s getting old. Just be a man and accept, you should have not bashed me and laughed at my calls. Who is in position to laugh now? …but I won’t.

    You aren’t. All of your money is tied up in your home, and you know it. Your Nana’s 2nd floor has walls painted 2 different colors. I saw it when you were trying to rent it out online. You can’t even afford different buckets of paint.

  104. Blue Ribbon Teacher says:

    Change the carpet, it looks like it’s from 1970

  105. Blue Ribbon Teacher says:

    Damn..bad couple of days for Canada. RIP Neal Peart..GOAT

    Shit, I didn’t even see that. Amazing drummer.

  106. Chi says:

    So much for WWIII. Looks like for Trump it is better to be lucky than good.

    The jet being shot down changed the narrative instantly.

    https://nypost.com/2020/01/11/vigils-erupt-into-anti-government-protests-at-iranian-universities/

  107. The Great Pumpkin says:

    I’m not going to go back and forth. Is it too much to ask to be cool with each other? I’m not a bad guy, you and others don’t always have to beat me up. Positive vibes for now on.

    Not going to lie, you got under my skin before. You still couldn’t say good job. Have to keep throwing jabs. Put the gloves down. I think you are a smart clever wise a$$. I think you are a great teacher. You seem to be doing great with the hand you were dealt (raising a family on a teacher’s salary which is no small task). Success is not only measured in wealth. So no more bitterness or attacking. No need for it. I don’t want to get upset and I’m sure neither do you.

    Have a good night.

  108. The Great Pumpkin says:

    What do I keep telling you guys. I’m already over invested in real estate, but I’m really tempted to try and make move here. This place is rebounding. Bottom has already been hit, too late to buy at the very bottom. I really believe this is a golden ticket long term.

    “The tracks in recent years had fallen into disuse and have long been a haven for crime. Mayor Hector Lora said when he initially took office few believed he would clean up the area.

    “Two years ago, it seemed an impossible endeavor,” Lora said. “It took will and an act of faith.””

    https://www.northjersey.com/story/news/passaic/passaic-city/2020/01/11/passaic-nj-buy-land-near-dundee-island-park/2842594001/

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