Zillow predicts the future

Posted on December 9, 2021 by grim

From Zillow (not that they are ever right on anything):

Zillow’s Hot Housing Takes for 2022

2022 will fall just short of record-breaking

Sellers keep the upper hand

Large rentals will be in high demand

The ‘Sun Belt surge’ will extend to secondary markets

More Gen Zers and millennials will buy a ‘second home’ before a primary residence

No end in sight for the renovation boom

Work will play a key role in moving decisions

New construction gains will only be a drop in the bucket, despite best efforts of builders

This entry was posted in Demographics, Economics, National Real Estate. Bookmark the permalink.

178 Responses to Zillow predicts the future

  1. Hold my beer says:
    December 9, 2021 at 6:31 am

    First

  2. dentss dunnigan says:
    December 9, 2021 at 6:33 am

    second

  3. Hold my beer says:
    December 9, 2021 at 6:33 am

    “Work will play a key role in moving decisions”

    They should charge for insight like that. Can’t believe they just give it away.

  4. dentss dunnigan says:
    December 9, 2021 at 6:34 am

    Big pay raise on tap for U.S. workers, report says …

  5. Bystander says:
    December 9, 2021 at 7:13 am

    dents, inflation at 6.2% while raise will be 3.9%. Sounds like falling behind to me. At my sh%t IB, we just offered single candidate for Full stack. He works in lithography now and only knows java and database as side gig with his buddy. Never worked in formal dev before but only one who even considered our crap salary. Poor ignorant young fool. The smarter ones take offer, try leverage it elsewhere for 100k more then turn us down a few days before hire, like two did this week.

  6. grim says:
    December 9, 2021 at 7:20 am

    NJ minimum wage moves from $12.00 to $13.00 on Jan 1. (8.3%)

    NY State moves from $12.50 to $13.20 (5.6%), LI and Westchester move from $14.00 to $15.00 to match NYC. (7.1%)

    Also in the Northeast for Jan 1:

    Delaware moves from $9.25 to $10.50 (13.5%)
    Maine moves from $12.15 to $12.75 (4.9%)
    Maryland moves from $11.75 to $12.50 (6.4%)
    Massachusetts moves from $13.50 to $14.25 (5.6%)
    Vermont moves from $11.75 to $12.55 (6.8%)
    (CT moves from $13.00 to $14.00 mid year)

    Also interesting is Virginia, who will see the single largest jump in minimum wage on Jan 1, from $9.50 to $11.00, a whopping 15.8%.

  7. grim says:
    December 9, 2021 at 8:16 am

    America doesn’t run on Dunkin’, the American Economy is running on the bodies of the dead…

    Covid Spurs Biggest Rise in Life-Insurance Payouts in a Century

  8. Juice Box says:
    December 9, 2021 at 8:41 am

    Speaking of deaths, another campaign promise broken, the pandemic has not been brought under control. Sleepy Joe’s Covid deaths first 10 months in office have now surpassed the last 12 months Trump was in office.

    Biden said during the debates, anyone who’s responsible for that many deaths” — “should not remain as President of the United States of America.”

    Another point the Pfizer vaccine did not become available until the last month of Trumps presidency. Joe has had vaccines the whole time, yet deaths are higher than all of 2020 and through the transition in Jan 2021.

    We are still seeing huge amount of covid deaths 40,626 in the month of October 2021, and 22,253 in November 2021. 402,923 Covid deaths to date so far this year alone…

  9. Juice Box says:
    December 9, 2021 at 8:50 am

    We had a young high school sophomore kill himself on the NJ train tracks at 1:30 AM over the weekend. He was from all accounts a great kid and was the captain of the soccer team too. Obituary mentioned depression. I wonder how much of that depression was related to social media? Seems they are already getting cover in legislation…..

    “A bipartisan group of U.S. senators plans to introduce legislation that would require Meta Platforms Inc. and other social-media companies to provide outside researchers with data access.

    The bill, to be announced Thursday by Sens. Chris Coons (D., Del.) Rob Portman (R., Ohio) and Amy Klobuchar (D.,Minn.), would allow researchers to submit proposals to the National Science Foundation. If the NSF supports a proposal, social-media platforms would be required to furnish the needed data, subject to privacy protections that could include anonymizing it or “white rooms” in which researchers could review sensitive material.”

    “The measure was prompted, Senate aides said, by disclosures in The Wall Street Journal that internal research by Meta, formerly known as Facebook Inc., showed its Instagram app potentially harmful to young people, especially teen girls.

    ”That kind of research may not have ever seen the light of day” if not for the Journal’s coverage, an aide to Mr. Coons said. “And we think it’s the kind of research that needs to happen in order for us to have a real fleshed-out understanding of how these platforms are affecting us.”

    “Access to research also came up at a Senate Commerce subcommittee hearing Wednesday, where Instagram’s top executive, Adam Mosseri, was asked to provide the research cited in the Journal, which was gathered by former Facebook employee Frances Haugen.”

    ““These studies and research are really important for parents to make decisions,” said Sen. Richard Blumenthal (D., Conn.), chairman of the Senate subcommittee on consumer protection.

    Mr. Mosseri said he thinks researchers should have “regular access to meaningful data about social-media usage across the entire industry.”

    But he said he couldn’t commit to releasing the research cited by the Journal because of privacy concerns, and that some of the information might have been destroyed under the company’s data-retention policy. Mr. Mosseri also asserted that many young users find Instagram makes their lives better.

    Mr. Portman said access to the information would be valuable to lawmakers who are considering legislation to restrict social-media platforms.

    “Before answering any of those calls, Congress should take a step back to ensure that we are not legislating in the dark,” Mr. Portman said.

    The legislation would also give the Federal Trade Commission the authority to require regular disclosure of specific information by platforms, such as data about ad targeting.

    The commission would also be able to require that platforms create basic research tools to study what content succeeds, similar to the basic design of the Meta-owned CrowdTangle.

    The bill would also bar social-media platforms from blocking independent research initiatives. Both researchers and platforms would be given a legal safe harbor related to privacy concerns.”

  10. Hold my beer says:
    December 9, 2021 at 9:10 am

    Depression and anxiety are very common with teens today. I think it’s social media and texting have a lot to do with it. There’s really no me time anymore for kids. So easy for them to always be plugged in or get constant notifications and updates.

  11. The Great Pumpkin says:
    December 9, 2021 at 9:21 am

    At least I helped a much smaller student from getting absolutely destroyed. Instead of saying nice job, you post drivel like this.

    Bystander says:
    December 8, 2021 at 9:17 pm
    “I once had to hold off a 250lb kid for 2 mins”

    Wow, and with one hand too since other was still busy posting drivel here.

  12. Grim says:
    December 9, 2021 at 9:24 am

    Jobless claims at a 52 year low

  13. Juice Box says:
    December 9, 2021 at 9:25 am

    Attaboy Pumps!!!

    Do you need a daily attaboy? We nerds can script one for you, even make it seem like it was sent by your Wife, Parents, Principal, President, Dog or whatever fills the void….

  14. The Great Pumpkin says:
    December 9, 2021 at 9:26 am

    I wonder if it would be different had the populist reds actually did their part and took the vaccine. That’s the real story. I have never in my life seen such a broad movement against vaccines from regular joes and it’s all because of team red politics. It’s like right wing media propagandists purposely brainwashed their audience to not take the vaccine to sabotage sleepy joe.

    Juice Box says:
    December 9, 2021 at 8:41 am
    Speaking of deaths, another campaign promise broken, the pandemic has not been brought under control. Sleepy Joe’s Covid deaths first 10 months in office have now surpassed the last 12 months Trump was in office.

  15. Juice Box says:
    December 9, 2021 at 9:32 am

    re: Jobless claims

    Yes nice feel good numbers..

    Pre-pandemic labor force participation rate was approx. 63.8%. Right now it’s 61.8%

    The only labor force participation rate higher than pre-pandemic are the Asians.

    Here is a nice clickable chart by race and sex and age. Just click on the color lines.

    https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm

  16. The Great Pumpkin says:
    December 9, 2021 at 9:38 am

    Roaring 20’s 2.0. Let’s go!!!

    Would love to see what clot has to say about this. He told me global arbitrage means my prediction was laughable and had no chance of happening. He laughed at the thought of wage inflation and a booming economy.

    Grim says:
    December 9, 2021 at 9:24 am
    Jobless claims at a 52 year low

  17. The Great Pumpkin says:
    December 9, 2021 at 9:40 am

    Juice,

    You are never going to get that high of a participation rate again for a long time I would think. Too many old people. Boomers are retiring on a daily basis. You need immigration to bring that number up or people need to start having more babies.

  18. BidenIsTheGOAT says:
    December 9, 2021 at 9:42 am

    Politicians used the fauci shots as a wedge issue. The mandates gave them a short term boost. Basically as long as the shots effectiveness.

    Now Biden is stuck with a near worthless shot and the growing unpopularity of the mandates. He’s backed in a corner and choosing to double down.

    He could have pivoted sooner and adopted the red state approach but that wouldn’t have satisfied the collectivist block of the Democrat party. They love the newfound authority and aren’t going to let go willingly.

  19. Juice Box says:
    December 9, 2021 at 9:42 am

    Pumps the virus does not care about politics.

    First thing Joe Biden should have done is reward those that are not retired by banning travel of all people over the age of 65. The old folks should have remained in lockdown, the lockdowns should not have been lifted for everyone. The old retired folks could have just continued to use services for food delivery and grocery delivery. Approx 80% of all Covid deaths in the USA were people 65 years and older. Even now they should be limiting their exposure as much as possible, and staying home. Take a ride to the local grocery store this afternoon, it will be filled with grandma and grandpa feeling up the fruits and veggies…

  20. Chi says:
    December 9, 2021 at 9:44 am

    President Biden’s team has discovered the source of his troubles — it’s those sneaky reporters. Do you know they treat him just as badly as they did Donald Trump!?

    CNN’s “Reliable Sources” says the administration is “not happy” with coverage, and “has been working behind the scenes trying to reshape coverage in its favor.”

    Obviously, our invitation to one of these behind-the-scenes chats is waiting on a cargo ship off the coast of Los Angeles. But dutifully shamed nonetheless, we apologize to Joe and offer these positive New York Post headlines:

    Taliban Life improving
    More Plan on Fourth, Fifth Wives

    Biden Gives Hope to Alzheimer’s Patients Everywhere

    The Real Kamala Harris
    Caring, Warm and Very Likeable

    Meet the 40% Who Still Like Joe

    Local Man Brandon Thrilled by Encouragement from Passing Cars

    Hunter Biden Looks Jacked in These Latest Cocaine Pictures

    Who Doesn’t Love a Little Inflation, Am I Right?

    The Joys of Growing Your Own Food, Policing Your Own Home

  21. The Great Pumpkin says:
    December 9, 2021 at 9:56 am

    I have not met one person that was against taking the vaccine that didn’t play hard for team red. They all tell me the same thing. Don’t take my individual rights away. It’s wild. Right wing media has these people under total control. They think the vaccine is worthless which is laughable.

    Are they 100% effective…no. Are they highly effective long term…no. Are they effective at reducing the risk of getting and spreading the virus…absolutely. Do they protect you from getting seriously ill…absolutely. Is it perfect…no, but hopefully they keep improving it. At the end of the day, it’s the best we have right now to stop this pandemic.

    Of course right wingers claim it’s useless like bidenisthegoat said in his post 9:42. Useless…right. Got it.

    Juice Box says:
    December 9, 2021 at 9:42 am
    Pumps the virus does not care about politics.

  23. Phoenix says:
    December 9, 2021 at 10:01 am

    Juice,
    The last people in the world that you can tell what to do is the 65 and over crowd.

    You aren’t going to control them.

    What you could have done is make them retake their driving tests. Now that would clip the wings of many of them.

  24. Phoenix says:
    December 9, 2021 at 10:02 am

    Did Zillow predict how many homes it was going to buy?

  25. Libturd says:
    December 9, 2021 at 10:04 am

    “anyone who’s responsible for that many deaths” — “should not remain as President of the United States of America.”

    “Pumps the virus does not care about politics.”

    Sounds good, but it’s not true.

    https://www.npr.org/sections/health-shots/2021/12/05/1059828993/data-vaccine-misinformation-trump-counties-covid-death-rate

  26. Phoenix says:
    December 9, 2021 at 10:04 am

    “You need immigration to bring that number up”

    Do you teach Mandarin pumps?

  27. Juice Box says:
    December 9, 2021 at 10:05 am

    Pumps – “against taking the vaccine”

    You anecdote does not match up with the data. There is no checkbox for Political Party when you sign up for the vaccine. The only data collected is age, sex and race.

    The race gap has finally closed somewhat but not completely. I will leave it to you to dig into the data.

  28. Phoenix says:
    December 9, 2021 at 10:06 am

    We had a young high school sophomore kill himself on the NJ train tracks at 1:30 AM over the weekend.

    Expect more. I see this 2x per week.

    Great world you made for the children Boomer.

  29. Phoenix says:
    December 9, 2021 at 10:07 am

    America doesn’t run on Dunkin’, the American Economy is running on the bodies of the dead…

    Well, that was grim.

  30. 3b says:
    December 9, 2021 at 10:19 am

    Juice: A lot of noise in these jobless claims numbers, I remember this time of the year well from my old muni trading days. The period between Thanksgiving and end of year for purposes of job numbers filled with noise. We shall see how it goes into next year.

    In other news I read that part of the Great Resignation movement has to do with young people moving to cheaper low locations, also listed significantly high numbers of people across different age demographics who would take pay cuts to live in cheaper locations.

  31. 3b says:
    December 9, 2021 at 10:23 am

    Phoenix: From last night. My brothers had hip replacement surgery as well, no cure for osteoarthritis. The surgeon told me key for successful replacement is weight and continued exercise after replacement. Not to sound like a certain someone, but I am at the same weight I was in my 20s. Used to run a lot when I was younger, out too much on the knees and other joints, so now I am a big walker as well as strength training.

  32. The Great Pumpkin says:
    December 9, 2021 at 10:30 am

    Anyone you know that is against the vaccine, what team do they vote for? Maybe it’s anecdotal, but I don’t think so.

    There are also the conspiracy theory crowd that is against it. For example, the bitcoin boys that are against the FED, based on conspiracy theory beliefs, are also against the vaccine. Go check them out on twitter. These are your hardcore libertarians.

    Juice Box says:
    December 9, 2021 at 10:05 am
    Pumps – “against taking the vaccine”

    You anecdote does not match up with the data. There is no checkbox for Political Party when you sign up for the vaccine. The only data collected is age, sex and race.

    The race gap has finally closed somewhat but not completely. I will leave it to you to dig into the data.

  33. The Great Pumpkin says:
    December 9, 2021 at 10:33 am

    Of course you would latch on to something like this.

    Plain and simple, the great majority of resignations are from boomers retiring. Some of these people were in their 70’s still working. The pandemic forced them to retire. They were at home for a year, and are never coming back. You know how many boomers were working at supermarkets or other low wage jobs for some extra income? You also had a massive amount of older boomers in the white collar field that have finally thrown in the towel.

    “In other news I read that part of the Great Resignation movement has to do with young people moving to cheaper low locations, also listed significantly high numbers of people across different age demographics who would take pay cuts to live in cheaper locations.”

  34. Phoenix says:
    December 9, 2021 at 10:36 am

    3b,
    Yup. Keep moving. One pound of weight is four pounds on the knee. Not only that but when you lose weight it saves my back as well. Someone has to move you, and it’s not a 90 lb Filipino.

  35. Phoenix says:
    December 9, 2021 at 10:37 am

    You know, chivalry and all of that stuff…

  37. The Great Pumpkin says:
    December 9, 2021 at 10:41 am

    “Why the Great Resignation Is Not About Burnout or Quitting

    The so-called Great Resignation is really based on low income workers taking advantage of better-paying jobs with better hours and about Boomers taking early retirement.
    It is not about white collar computer analysts finding their bliss.”

    “The Great Resignation isn’t really about burnout. And it’s not really about what most people think of as resignations. To put it as concisely as possible: The Great Resignation is mostly a dynamic “free agency” period for low-income workers switching jobs to make more money, plus a moderate surge of early retirements in a pandemic.”

    http://www.thelowdownblog.com/2021/12/why-great-resignation-is-not-about.html

  38. Phoenix says:
    December 9, 2021 at 10:42 am

    Murphy should target his dentist for the Mr Ed smile he gave him.

  39. Juice Box says:
    December 9, 2021 at 10:43 am

    Pumps – Everyone I know that is not vaccinated in my neighborhood is crazy. It crosses political lines. This isn’t the MSM here, we try to stick to facts.

    Just remember this when the MSM draws those blue vs red lines on nearly every topic yet 31% of Americans identify as Democrats, 25% identified as Republican, and 41% as Independent. Every county is a vastly different size population and most people who are partisans tend to lack the ability to rationalize or willingly choose not to.

    I don’t promote Rogan but he had a nice interview on the topic of rational thought with Stephen Pinker last week…

    Here is a nice clip…

    https://www.youtube.com/watch?v=OED7AXzTPRA

  40. Clown World says:
    December 9, 2021 at 10:44 am

    I have a question for the board – A little alternative history exercise.

    Let’s say the GOP kept the white house and the senate majority in 2020. Shots are still available at the same rate and COVID is still spreading at the same rate.

    What do you all think the universal response to vaccines would be?
    Would Team Blue be anti-vax because they don’t trust Trump? Some other reasoning?
    Do you think the overall vax rate would be higher/lower for the nation?
    Would the vax rate be higher for, self-identified, GOP supporters?
    Would the vax rate be higher for, self-identified, DNC supporters?

  41. Phoenix says:
    December 9, 2021 at 10:51 am

    Juice
    Some will never be rational.

    Rational people need to accept that others will never be rational.

    Nothing Pinker ever says is going to change that. He is basically stating the obvious.

  42. Phoenix says:
    December 9, 2021 at 10:52 am

    Clown,

    None of it would matter at all.

    The end.

  43. joyce says:
    December 9, 2021 at 10:52 am

    I read an interesting article years ago when more states wanted to decriminalize mariju@na. The gist of the article was about testing for impaired drivers and that there is not a similar test for MJ like we have for alcohol. The counterpoint mentioned was that there even better tests for impairment but it might “ensnare” people that are exhausted, on prescriptions and/or older people that shouldn’t be driving anymore. It would be fantastic for safety. It would not be good for pharma, automakers, and a big bloc of voters :-)

    Phoenix says:
    December 9, 2021 at 10:01 am

    What you could have done is make them retake their driving tests. Now that would clip the wings of many of them.

  44. joyce says:
    December 9, 2021 at 10:53 am

    grim,
    If you wouldn’t mind releasing my post, thank you. I thought I used a workaround for MJ so not sure why it’s in moderation.

  45. Fast Eddie says:
    December 9, 2021 at 10:54 am

    What do you all think the universal response to vaccines would be?

    MSNBC Headlines:

    “Trump orders white supremac1st leaders to kill tens of thousands with bleach injections while colluding with Russia to take over the world.”

  46. 3b says:
    December 9, 2021 at 10:57 am

    Pumps: Latch on?? Are you kidding me?? You of all people!! Again self- awareness. I just noted something I read, and did not comment one way or the other. You of course come out with guns blazing.

  47. Libturd says:
    December 9, 2021 at 11:01 am

    Once again Murphy appoints campaign contributors, campaign helpers, over experts, to to state positions. And Pumps loves this guy! He’s probably the worst governor NJ has ever had. But, he’s amazing example of how powerful money can be when it comes to shaping public opinion. Yet we keep electing rich dudes.
    —————————————————————————–
    https://www.campaignmoney.com/political/contributions/laura-matos.asp?cycle=14
    —————————————————————————–
    Aide to the Governor – Office of Governor Phil Murphy
    Company NameState of New Jersey
    Dates EmployedJan 2018 – May 2018
    Employment Duration5 mos
    LocationTrenton, New Jersey
    Office of Appointments (1/2018-4/2018)
    Office of Constituent Relations (4/2018-5/2018)
    —————————————————————————–
    Chemistry Council Of New Jersey
    Total Duration17 yrs 10 mos
    TitleDeputy Executive Director
    Full-time
    Dates EmployedOct 2021 – Present
    Employment Duration3 mos

    Elvin Montero is deputy executive director of the Chemistry Council of New Jersey (CCNJ). CCNJ is a trade association and business advocacy organization in New Jersey representing 100 large and small companies that are a part of the state’s chemical, pharmaceutical, consumer products, flavor & fragrances, petroleum refining. He assists in overseeing the administration, programs, and strategic plan of the Council.

  48. The Great Pumpkin says:
    December 9, 2021 at 11:01 am

    Fair enough. I’m not denying that. Said it was anecdotal. I have yet to meet a blue team member that was against the vaccine.

    I’m simply pointing out that the right wing media did a hell of a job making people scared to take the vaccine and make it a personal rights movement. The other crazies (not playing for team red and most likely libertarians) used these same sources to justify their position.

    Juice Box says:
    December 9, 2021 at 10:43 am
    Pumps – Everyone I know that is not vaccinated in my neighborhood is crazy. It crosses political lines. This isn’t the MSM here, we try to stick to facts.

  49. The Great Pumpkin says:
    December 9, 2021 at 11:02 am

    Honestly, yes. I think they would have done anything in their power to hurt trump. Politics is dangerous because it’s based on an agenda.

    “What do you all think the universal response to vaccines would be?
    Would Team Blue be anti-vax because they don’t trust Trump? Some other reasoning?”

  50. grim says:
    December 9, 2021 at 11:03 am

    The so-called Great Resignation is really based on low income workers taking advantage of better-paying jobs with better hours and about Boomers taking early retirement.

    Not based on what I’m seeing, it’s very much across the board.

  51. Phoenix says:
    December 9, 2021 at 11:04 am

    Lib,
    I still vote Christie Whitman as worst G0v of NJ.

  52. Libturd says:
    December 9, 2021 at 11:05 am

    Clown World, truth be told, I think the vaccination rate would have been hire for sure. But this doesn’t really matter.

    I’m just happy that more members of the red team are dying of their stupidity than members of the blue team. You want your choice? You got your choice! Hopefully Omicron gets enough to flip a few states to the party of vaccine sanity.

  53. Libturd says:
    December 9, 2021 at 11:09 am

    Christie was pretty bad too. Maybe we’ll call it a tie. Whitman blew it big time when she said the air was safe at ground zero. But her property tax/income tax swap gimmick and choice not to fund the pension since it was doing so well, were pretty bad too. Then that camera shoot at a Camden drug bust? Yeah, we elect the best and the brightest. I still think CC was probably our best governor in my lifetime. Shame he didn’t care about optics.

  54. No One says:
    December 9, 2021 at 11:09 am

    To be fair to Biden, those “deaths under biden are higher than under Trump” are pretty much empty talking points. A lot of those deaths were front loaded into the period before most people were able to be fully vaccinated, something Biden had little to do with.
    Though in typical lefty fashion, the Biden crowd said more about DEI in vaccinations than actually optimizing logistics.

    Right now deaths from COVID appear to be coming in about 40% below year ago rates. That’s improvement but honestly isn’t so impressive given that 60% of the population was vaccinated and probably at least 80% of the older population that would be at risk of dying is vaccinated. So is the vaccine not so effective or are non-vaccinated people dying at a much higher rate than last year? Seems like a very relevant question that I don’t see being answered very clearly.

  55. The Great Pumpkin says:
    December 9, 2021 at 11:13 am

    Well, we have a 52 year low when it comes to jobless claims. So it’s def not people that need the govt to survive.

    So who do you see leaving their jobs? Where are they going?

    grim says:
    December 9, 2021 at 11:03 am
    The so-called Great Resignation is really based on low income workers taking advantage of better-paying jobs with better hours and about Boomers taking early retirement.

    Not based on what I’m seeing, it’s very much across the board.

  56. BRT says:
    December 9, 2021 at 11:14 am

    No One,

    the stats from the summer in Florida showed roughly 50% of people in need of monoclonals were vaccinated. The FDA just approved monoclonal cocktail for preventative use. That’s all you need to know about effectiveness of the vaccines.

    https://www.cnbc.com/2021/12/09/fda-clears-astrazeneca-covid-antibody-treatment-for-immunocompromised.html

    It should be noted that I touted this option on this site months ago. They are late to the party. How many people died because of that?

  57. Libturd says:
    December 9, 2021 at 11:15 am

    But Murphy’s a pompous prick who cares only about one thing. Making sure he has a path to the presidency at any and all costs. These uber rich pricks are so ego hungry that all they care about it is ascending to the throne of the USA. He has mastered the patronage mill like no one before him. His tenure is filled with costly blunders and mistakes which would have destroyed any mere mortal political aspirations. But his endless wealth allows him to pay endless fixers to hide all of them. He is probably the most corrupt and immoral governor NJ has ever had. I still can’t believe he brought his way into the position. We ARE really stupid people.

  58. The Great Pumpkin says:
    December 9, 2021 at 11:15 am

    Lib, that’s how it works. Now he has these people by the balls. It’s how politics works. You think he would be in position of governor without it? At least he has good intentions and is trying to help the state.

    Libturd says:
    December 9, 2021 at 11:01 am
    Once again Murphy appoints campaign contributors, campaign helpers, over experts, to to state positions. And Pumps loves this guy! He’s probably the worst governor NJ has ever had. But, he’s amazing example of how powerful money can be when it comes to shaping public opinion. Yet we keep electing rich dudes.

  59. Libturd says:
    December 9, 2021 at 11:18 am

    NoOne,

    There are just too many variables to make a solid conclusion and too little data being collected (especially in this country). For scientific evidence, follow Israel. You can even play the political scenarios as the Chasids there, refuse all mandates unless they come from god in the form of a burning bush or a plague.

  60. BRT says:
    December 9, 2021 at 11:21 am

    You don’t need to play hypothetical on how they would have reacted to the vaccine. They did it leading into the election and it’s on video. Everyone either forgot or is pretending it didn’t happen.

    https://twitter.com/RNCResearch/status/1422634496348901389

  61. BRT says:
    December 9, 2021 at 11:22 am

    Lib,

    the endless wealth didn’t work for Corzine, and he wasn’t even half as bad as Murphy.

  62. The Great Pumpkin says:
    December 9, 2021 at 11:23 am

    Interesting.

    “Retirees Are “Un-Retiring” – Is Your Workplace Ready For This?
    Since we currently are in the “I Quit” phase of the pandemic, there are many companies looking to fill jobs, and some retirees are ready to take on new opportunities.”

    “A new study shows that previously retired workers are re-entering the labor force.

    According to a Federal Reserve Board study, a full 1/3 of those who retire eventually reverse retirement and return to work on either a full or part-time basis.

    It appears that many people who return to work after retirement just needed to get over some degree of burnout from the job. However, the Federal Reserve Board found that the motivation to work after retirement may depend on income levels:

    -People in the lowest income percentile usually return to work because of their need for more income.
    -People in the highest income percentile might not need the income, but it seems that they want to take advantage of their skills and the opportunity to make money.”

    https://allwork.space/2021/12/retirees-are-un-retiring-is-your-workplace-ready-for-this/

  63. Libturd says:
    December 9, 2021 at 11:23 am

    “At least he has good intentions and is trying to help the state.”

    He made that one pension payment, which don’t forget, he had to borrow illegally (no referendum, but the politicized state supreme court allowed it due to COVID (like it had anything to do with Covid as revenue came in normally)) so that he can say he was the only governor in NJ to make one full pension obligation payment. Even though it didn’t cover the prior two years. It was all symbolic. In another year, the pension will be more underfunded than it was prior to that one-time payment. What’s he going to do this year? It’s all an attempt to run for the position of POTUS. Anyone want to wager a bottle of Grim’s hooch, that he will run in 2028 if not 2024?

    He’s a one-trick pony and his state is filled with jack-ass voters.

  64. Libturd says:
    December 9, 2021 at 11:27 am

    BRT,

    Corzine didn’t spend to cover up his foibles. He did not know how to play the game. He also suffered from terrible optics. Dating a head of the teacher’s union? Come on now.

    Though, BRT, you might be right about the vaccine. Though, I know I was taking it no matter what and I’m not sure if the academics on the blue team would be as willing to walk off the plank for their leaders quite as much as the red team does. But, I could be wrong. We are a very stupid people.

  65. Fast Eddie says:
    December 9, 2021 at 11:28 am

    After watching that twitter feed above, I am convinced that O’Biden is one of the stup1dest people I have ever seen in public office. I’ve said it before; this guy is no less than a councilmen from the Greenville section of Jersey City who starts hitting the “rounds” at about 12 noon. His reasoning is paper thin and weak aside from his mental decline.

  66. Libturd says:
    December 9, 2021 at 11:33 am

    Trump is so going to pounce on 2024. The Dem’s at a national level are blinder than ever. If Biden finished his term without dying, they are done. It won’t bother me. I’ll be living in another country.

    Hope some of you will come visit my progressive paradise.

  67. The Great Pumpkin says:
    December 9, 2021 at 11:42 am

    Lib,

    That one pension payment means a lot to someone like me. He also has done a lot for the people of this state. Read this. I will continue the article in another post.

    “New Jersey Governor Phil Murphy said he is leaning on liberal Democratic values as he tries to lure companies from lower-taxed Republican states, revive the economy and win a second term.

    Murphy, 64, would become the first New Jersey Democrat to be re-elected governor in four decades if he wins the Nov. 2 election. He says he’s blunted the pain of New Jersey’s highest-in-the-nation property taxes with rebates, credits and increased school aid while making college, health care and childcare more affordable.

    New Jersey Governor Phil Murphy said he is leaning on liberal Democratic values as he tries to lure companies from lower-taxed Republican states, revive the economy and win a second term.

    Murphy, 64, would become the first New Jersey Democrat to be re-elected governor in four decades if he wins the Nov. 2 election. He says he’s blunted the pain of New Jersey’s highest-in-the-nation property taxes with rebates, credits and increased school aid while making college, health care and childcare more affordable.

    The former Goldman Sachs Group Inc. executive says businesses want more for their money. Republican strongholds like Texas and Georgia might have lower taxes, but highly-skilled employees at film, digital and other companies want to live in states with progressive stances on abortion, voting rights and gun control, Murphy said Thursday during an interview with Bloomberg News in Newark.

    “If your business model includes high value-added, highly skilled workforce, we’re on your list,” he said. “We are not going to be the low-cost state to live or work in.”

    Murphy has increased state spending by more than $11 billion to a record $46.4 billion, compared with the last budget signed by his predecessor, two-term Republican Chris Christie. New Jersey was downgraded 11 times under Christie. Murphy said it may take at least another year to win an upgrade.

    A self-proclaimed progressive, Murphy has increased school funding, raised the minimum wage, legalized recreational marijuana, expanded paid family leave, restored women’s health funding and given free tuition to poor college students. He also made the first full payment into New Jersey’s pension system in 25 years.

    https://www.bloomberg.com/news/articles/2021-10-22/murphy-touts-value-of-n-j-lifestyle-as-payoff-for-higher-costs

  68. Libturd says:
    December 9, 2021 at 11:43 am

    In other news, Montclair extended their rent freeze. So it will be two full years at the minimum before I can raise the rent on my tenants to cover the increases in carrying costs (which are significant).

    I drafted a letter to the town council again to show my disgust. So far, three have responded. The one who voted against the extension is a wonderful future politician who gets it. The other six are BLUE hacks. Three of them responded and completely ignored the issues I pointed out.

    Enjoy the read.
    ——————————————————–
    The sad truth about ordinance O-20-08
    to sspiller, whurlock, rrusso, Peter, Robin, lpriceabrams, David

    Seeing that this unfair and probably illegal rental freeze has been extended indefinitely; please allow me to introduce myself, again. This is Stuart Weissman. We own a two-family investment property on Christopher Street. This property was formerly owned by a family that lived in town for over 60 years. As taxes in town went up, this family could no longer afford this home, so they split their home into an owner-occupied multi-family to help cover their ownership costs. Even in the 1950s, Montclair was unaffordable. Having graduated from Montclair State College and falling in love with the area and its progressive politics; after a short stint of renting with multiple roommates in Jersey City and spending a few years in Los Angeles (too with multiple roommates), I met my soon to be wife Gator, and sang her the praises of Montclair. Of course, finding a reasonable place to live in Montclair was going to be nearly impossible. But at the last minute a realtor told us to grab this unit in an old home on Christopher Street sight unseen, because it would never last. We did and for five years, rented happily from the owner Sarah, whose childhood bedroom, was now going to become our tiny office space. Unfortunately, Sarah developed cancer and eventually passed away in her old home, but having rental income allowed her to age in place, which is a good thing. We spent countless hours helping her and developed a wonderful friendship with her. So much so, instead of listing the property on the MLS, we were able to purchase the home from her surviving family members, which was a huge benefit as prospective buyers at the time, were often mired in huge bidding wars, which drove up prices to unaffordable levels for most buyers. This was during the “housing bubble.” We did the math and could never responsibly pay for a reasonable home of our own in Montclair, but by renting out our former unit, the purchase became affordable. So much so, what we were formerly paying in rent was nearly enough to cover our portion of the carrying costs. We lived in this home for seven more years, added a son and a dog to the family and saved up enough money to finally be able to get a place all our own. The timing was right too as the “housing bubble” had popped and real estate was at it’s lowest point in the real estate pricing cycle. It certainly didn’t make sense to sell or multifamily property, as we would have taken a large loss. Nor, were we going to jingle mail our keys to the bank (like so many families chose to do), having been quite underwater on our purchase. Our only real option was to keep it as an investment property, which is the choice we made. We knew we wouldn’t get rich and it would require a lot of sweat equity, but were happy to provide the same opportunity we were afforded, to other families in a similar situation to ours.

    Fast forward to nine years later. We continue to rent out our property to lovely young families that can’t afford to buy in Montclair, nor can they afford to rent from the large new buildings being built all around town. Most of our tenants stay long enough to save enough money to be able to purchase a home of their own (most, sadly, in adjacent towns where it’s more affordable). All continue to maintain a relationship with us, as we are fair and generous landlords and remain a great resource for them when it comes to local questions. It certainly helps that we have never raised our rents more than is necessary to cover our increases in property taxes, water, sewer bills and routine maintenance costs. In the case of our tenants who began renting in early 2018, we never raised their rent after the first year, since they were always struggling financially. But always managed to pay us on time. And then the Pandemic hit.

    Though neither of our tenant families have suffered any hardship and both are doing incredibly well and saving a lot of money, being forced to work from home. I am no longer able to collect the money necessary to cover the increases in my property carrying costs through an annual rent increase. Our own family has suffered a tremendous unforeseen medical burden (our youngest child is now a malignant brain tumor survivor, though has suffered brain damage and is now classified autistic) causing my wife to have to take a significant salary cut, plus we are forced to deal with tremendous medical bills. We had to raid our 401Ks, IRAs and even take out a home equity loan to make ends meet. New Jersey is a terrible state to be an investment property owner and have a sick kid, because they count your gross rental property income as part of your AGI, but do not consider any of the carrying costs or maintenance on the property against the formula they use to determine if you can receive aid. Heck, even our early retirement distributions used to cover medical costs, count as income. While THIS is occurring, the Town Council of Montclair has decided to throw more wood into the fire and has forced us to cover all of the cost increases associated with the property during a time of high inflation.

    Why? Because some of our residents are still suffering because of the Pandemic. I agree with this cause, and we should help those suffering. But why are we asking such a small subset of our residents (only landlords), to pay for this cause? I thought we were all supposed to be in this together. Landlords certainly are not responsible for the Pandemic. We always believed that the entire town contributed to causes which benefit the entire town. Should we only charge Seniors for the cost of a Senior Center? Should we only ask library users to pay for the library? Or better yet, only charge families who send their children to our public schools to pay for them? This rent freeze is real hardship on a significant number of landlords. It always was and continues to be unfair to expect only investment property owners to have to pay for the hardship of some of our residents are experiencing due to the Pandemic. We ALL should be contributing to this noble cause.

    It’s time to separate the greedy large developers and land owners from the mom & pop landlords who have been providing a real service, at a fair cost to many low and middle income families. Most of us support the rent control ordinance. Most of us are regular Joe’s and Susan’s trying to make ends meet. Just like the people this ordinance is meant to protect. Worst of all, fair people like us are not going to want to enter the investment property market and provide affordable rentals in the future. Surely, not when the town makes the climate for doing so unfriendly and the future so unpredictable. Meanwhile, this freeze is also driving the small landlords out of the town. Their properties, often bought up by wealthy LLCs, who will certainly garner higher rents, are leaving lower and middle income families without a place to rent in Montclair, regardless of these freezes and rent control. We will certainly be selling in under two years. It has been a terrible investment. Especially compared with equity investments. Our place will most likely be purchased by a large real estate company at best, or a flipper who will convert the multi-family back into a single family for greater profit. A close friend recently sold their place on Oxford. It’s just not worth the investment anymore. I’m just lucky my tenants are still paying. I know many who are much worse off than us losing multiple years of rental income among the eviction freeze, even though their tenants aren’t suffering any hardship. Sadly, this freeze is going to work to the detriment of the exact group for which you are trying to help. You are even punishing residents who are not subject to the rent control ordinance.

    The truth here is, as Bob Russo and Robin Schlager said publicly, and David said in an email (appreciated greatly by the way)…this ordinance has nothing to do with the Pandemic and everything to do with the Montclair Property Owners Association lawsuit. A lawsuit that this same town council caused to occur by interfering with the collection of signatures. Now, I read you were advised by your own legal counsel, not to pursue an extension of this ordinance, which will likely cost us all MORE money when you are likely to lose a lawsuit which it will certainly generate. It is clear, the goal here is to score points with the group you are trying to help, at the demise of ALL of the taxpayers. This is just terribly irresponsible governing of our tax dollars, which some of us don’t have to waste, on scoring political points. Please stop punishing us for YOUR mistakes. Remember, we all support a rent control ordinance.

    The lack of feedback we received the last time we pointed out the unfairness of this rent freeze is nearly as disappointing as this position itself. Besides hearing from Peter and David, the silence from the rest of you was deafening.

    Libturd & Gator, owners on Christopher Street

  69. The Great Pumpkin says:
    December 9, 2021 at 11:44 am

    Tax Angst
    New Jersey is a Democrat-leaning state, but frustration over rising taxes has kept Democrats to one term as governor since 1977. The average property-tax bill in New Jersey was $9,112 in 2020.

    Despite the high taxes, the governor said film and tech companies are coming to New Jersey because of its talent and location. Three years after reinstating a production tax-credit program, a record number of films and TV shows are being filmed in New Jersey, according to Murphy’s administration. Another example: Fiserv Inc. chose his state over Georgia as the fintech company adds 2,000 jobs and builds a new hub in suburban New Jersey.

    “Before I got here, Georgia had become the East Coast film capital,” Murphy said. “That is now being challenged, mostly by us.”

    Murphy called out Tesla Inc.’s decision to move its headquarters to Texas from California. “I don’t know what the employees of Tesla are gonna say to Elon Musk, but that’s a move that surprised me,” he said.

    New Jersey and Virginia are the only U.S. states holding races for governor this year. Potential wins by Murphy and former Virginia Governor Terry McAuliffe could provide early indicators of how Democrats will fare in the 2022 midterm elections.

    Rebate Checks
    Murphy leads Republican Jack Ciattarelli, 59, who has attacked the incumbent on high taxes, vaccine mandates and mask requirements for schools.

    “Recent polls have shown a single-digit race — and we can’t afford for it to get any closer,” Murphy’s campaign wrote in an email to potential donors on Thursday.

    During debates with Ciattarelli, Murphy pledged not to raise taxes if re-elected. In his first term, Murphy and the Democratic-controlled legislature increased the tax rate on annual income of at least $1 million to 10.75% from 8.97%. The money was used to provide $500 middle-class rebate checks.

    New Jersey is also waiting to see whether Washington will pass an infrastructure bill before deciding where to allocate the roughly 60% of its $6.2 billion in unspent pandemic stimulus funds, he said. The state has until 2024 to decide how to use the money, which he said he doesn’t want going to plug budget holes or start programs that would need new funding when aid ran out. His administration asked U.S. Treasury to use the funds to pay off debt and is awaiting guidance.

    While neighboring New York City is instituting hard mandates on vaccines for public employees, those in New Jersey can test out. More than 65% of New Jersey’s population is fully vaccinated — the same rate as New York — and cases and hospitalizations are declining. If that changes, a stricter mandate is “on the table,” Murphy said

    “I don’t want to cry wolf needlessly,” Murphy said, noting he’d be concerned with adherence rather than political fallout.

    New York City wants to charge commuters driving into midtown Manhattan, but Murphy said he wouldn’t support the so-called congestion pricing plan unless some of the money collected goes into New Jersey’s infrastructure. Murphy, who could use his veto to bring business at the bi-state Port Authority to a halt, said he didn’t want New Jersey residents incurring ‘double taxation.’

    Murphy said congestion pricing is among a number of transportation and infrastructure proposals — including the Gateway commuter-rail tunnel — that he needs to negotiate with New York Governor Kathy Hochul and New York City’s mayor.

    “We’re not going to be magic wand back to normal anytime soon,” he said.

  70. Juice Box says:
    December 9, 2021 at 11:46 am

    Lib – You think that he is going to run for election from a jail cell? Last I heard from Twitter it’s all sewn up and Trump is going to the slammer in New York for fraud and Georgia for four different election felonies and if they cannot get him there AG Garland will do the perp walk for Jan 6th insurrection.

  71. BRT says:
    December 9, 2021 at 11:47 am

    I don’t know what the employees of Tesla are gonna say to Elon Musk, but that’s a move that surprised me

    No duh it surprised him. He doesn’t live in reality. Everyone in California is fleeing to texas already. Taking their Tesla employment with them is very convenient.

  72. Libturd says:
    December 9, 2021 at 11:48 am

    Pumps,

    Woodhouse has been working on the “Rachel Maddow Show” on MSNBC.

    I’ve seen enough.

  73. The Great Pumpkin says:
    December 9, 2021 at 11:49 am

    So Murphy is not perfect, but he has improved the state’s future dramatically from the dumpster fire left by Christie. Guy cost us how much money in credit downgrades because he was secretly trying to destroy the revenue source in his dream to make govt smaller in nj. How that work out? F’ing dumpster fire.

    You don’t do that to a state that relies on debt to function. He f’ing gave us a bigger tax hike through these credit downgrades, but people don’t understand this. What a loser. Could have used that money to pay off pension, but instead pay more for debt.

  74. Libturd says:
    December 9, 2021 at 11:50 am

    Juice,

    Rich guys don’t do jail time.

    Gator just told me the 11 year director of our library just took a head librarian job in Tennessee.

  75. The Great Pumpkin says:
    December 9, 2021 at 11:51 am

    In 5 to 10 years, you are going to see these same clowns leave the state for cali or some northeast blue state. You know how this works. It’s either that, or they turn Texas into the next California.

    BRT says:
    December 9, 2021 at 11:47 am
    I don’t know what the employees of Tesla are gonna say to Elon Musk, but that’s a move that surprised me

    No duh it surprised him. He doesn’t live in reality. Everyone in California is fleeing to texas already. Taking their Tesla employment with them is very convenient.

  76. Libturd says:
    December 9, 2021 at 11:52 am

    PUMPS.

    MURPHY HAD TO BORROW 5 BILLION DOLLARS TO MAKE THAT ONE TIME PENSION PAYMENT!

    He should be in jail! Not in Trenton.

  77. BRT says:
    December 9, 2021 at 11:54 am

    A good conversation on how adenovirus vectors are a time tested technology would go a long way to getting people to vaccinate. But instead, they chose to market mRNA as the best option and ignore any complications that goes along with it.

  78. Juice Box says:
    December 9, 2021 at 11:56 am

    Pumps – re: “means a lot to someone like me”

    After you are done kissing Emperor Murphy ass for the $6.9 billion they borrowed just to add to the Pension fund this year, you should also send a gift to Chairman Powell, last time I checked the run up in the markets this year alone added something like $28 Billion to the fund…..

    Let’s hope that the governor decides not the pull a Whitman and stop contributing you know because the stock markets will make up for it.

  79. The Great Pumpkin says:
    December 9, 2021 at 11:58 am

    Did you guys read this paragraph from the article?

    “New Jersey is also waiting to see whether Washington will pass an infrastructure bill before deciding where to allocate the roughly 60% of its $6.2 billion in unspent pandemic stimulus funds, he said. The state has until 2024 to decide how to use the money, which he said he doesn’t want going to plug budget holes or start programs that would need new funding when aid ran out. His administration asked U.S. Treasury to use the funds to pay off debt and is awaiting guidance.”

  80. Libturd says:
    December 9, 2021 at 12:00 pm

    Here’s a clue as to how it works Pumps.

    https://www.northjersey.com/story/opinion/contributors/2018/01/31/mike-bloomberg-phil-murphy-champion-environment/1082378001/

    It’s very possible that Murphy got young Skylar Woodhouse that incredibly powerful job. Skyla is a recent Marymount Manhattan graduate. That’s a pretty prestigious position for someone lacking any real credentials.

  81. The Great Pumpkin says:
    December 9, 2021 at 12:27 pm

    Lib, they are simply playing the game that happens in any business or political entity. It will never change because human nature says so.

    Again, Murphy knows how to play the game. That’s why he was successful at goldman and is successful as a politician.

  82. Juice Box says:
    December 9, 2021 at 12:40 pm

    Duggar guilty..

    Can we get a trifecta today or even this week?

    Duggar
    Smollett
    Holmes

  83. BidenIsTheGOAT says:
    December 9, 2021 at 12:41 pm

    I don’t view the mandate as partisan. The media loves to make it that way but people across the spectrum reject forced injections.

    The effectiveness of the shots will forever be disputed. The data either doesn’t exist, in the case of the cdc not tracking breakthroughs, or collection inconsistencies.

    It would be hard to assume that they did much to stop the spread, though I’m sure some will try. The number of positive cases basically correspond with the seasonality.

    The effectiveness of preventing death will be hotly debated. They conveniently count anyone with one or two shots but not two weeks past the second shot as unvaccinated. Okay that’s odd.

    But in England the number of vaccinated non covid deaths rose following vaccination according to berenson, and people who get shots typically are healthier to begin with so there is a selection bias. The data is noisy.

    The most that can be said with a fair amount of certainty is the shots reduce the chance of serious complications for people in the high risk category. Beyond that it’s pissing in the wind.

  84. PumpkinFace says:
    December 9, 2021 at 12:44 pm

    Despite the high taxes, the governor said film and tech companies are coming to New Jersey because of its talent and location. Three years after reinstating a production tax-credit program

    This again? LOL

  85. Fabius Maximus says:
    December 9, 2021 at 12:46 pm

    “So who do you see leaving their jobs? Where are they going?”

    They are called John Gault and the’re heading to the Gulch. Not!

  86. Libturd says:
    December 9, 2021 at 12:51 pm

    Goat.

    Though I would still argue that a lot of people don’t even know they are in a high-risk category. For example, the center of my beer league line who dropped dead of a heart attack at the drop of the puck at the 2nd period opening faceoff a few weeks ago. CPR is the only reason he is alive today as well as proximity to Morristown Medical. Guy needed a triple bypass. Was not even on a statin.

    So far, the side effects of the vaccines are so incredibly minor, there is nearly no risk in taking it.

  87. Libturd says:
    December 9, 2021 at 12:56 pm

    Poor arkk below 100 again.

  88. BidenIsTheGOAT says:
    December 9, 2021 at 1:07 pm

    True, but on the other hand the shot may be killing otherwise healthy people. That’s what berenson is saying about the English data.

    And counting people who have received at least one shot as unvaccinated is a joke. At the very least there should be a third “partial vaccinated” category.

  89. chicagofinance says:
    December 9, 2021 at 1:11 pm

    Lib: don’t get me wrong…. I’m vaxxed and will likely get boosted soon. That said, is it possible that there is a link between the heart attack and the vax?

    Have you notice the uptick in cases of shingles? My mom got her a$$ kicked.
    https://www.ajc.com/life/aging-in-atlanta/why-you-might-have-a-shingles-flare-up-after-your-covid-vaccination/U4MPENQYQNAXBJ3GLJFVB6ESQQ/

    There is no question that there are side effects from the vax. It is just that the older you are, then easier the calculus…..

    Libturd says:
    December 9, 2021 at 12:51 pm
    For example, the center of my beer league line who dropped dead of a heart attack at the drop of the puck at the 2nd period opening faceoff a few weeks ago. CPR is the only reason he is alive today as well as proximity to Morristown Medical. Guy needed a triple bypass. Was not even on a statin.

    So far, the side effects of the vaccines are so incredibly minor, there is nearly no risk in taking it.

  90. chicagofinance says:
    December 9, 2021 at 1:18 pm

    BTW: must give major props to Cathy Wood. Not only did she underperform the returns of her core holdings on the way up during 2021, she had almost complete downside capture on the way down. Complete garbage. We all pounded the table on these threads in January and February. Also, someone tell Pumps the Perogy Putz that if he had even a modicum of knowledge about technical analysis, he would recognize a bear market in the ETF……. hence, you don’t buy the dips, you sell the rips. Also, the Fib 50% retrace suggests that unless it breaks through 108 and holds, the rest of the move is a trap. Stay away.

  92. Libturd says:
    December 9, 2021 at 1:36 pm

    Chi,
    Pump’s a lost cause.

    About my poor teammate, We all wondered if there was a link, but it appears to be a run of the mill artery blockage. When he finally came too after being defibbed, the first thing I said to him is that I’ll try to skate a little harder this period. Sadly, I have to lose a ton of weight myself. Somehow my heart appears to be unaffected by my weight. I do take the weirdest combination of supplements and it got me off of the one drug I was taking (a statin for my high triglycerides). I have my annual physical next week. Will be the same conversation as always. All the numbers are good, but your cholesterol is a little high. But you are morbidly obese. How do you do it? To which I always say, you should see my mom. She too is carrying a few extra pounds, but is healthy as an ox and in her 80s. And she looks like an ox. Typical Ukranian stature.

    Now my crazy doctor wants me to take a laxative once a week. He says it will get my gut health in shape. I think I’ll start exercising more. Have to get back on the bike.

    By the way CHI, Glen Ridge did a presentation from a former college admissions officer this morning for the kids and the parents (done virtually). He mimicked much of what that program we attended said. Almost too closely. There’s definitely a racket going on for college application consulting.

  93. JCer says:
    December 9, 2021 at 1:46 pm

    Pumps, Murphy is a fraud and hypocrite of the worst order. A real political creep. He says he’s for the every man, the working man, he wants to help…. All of his actions prior to joining public life say otherwise. At GS he was sending the every man’s job to China, supporting and assisting companies with long histories of employee and environmental abuse. No person who gives a damn about regular folks could support the child labor sweatshops he did in china. He is a classic narcissist, the fact that you cannot see through the chicanery with his pension payment is sad, you and your brethren are being used, he will not fix a thing unless it means a direct benefit to his political career. Politically popular actions tend to not be the best actions.

  94. BRT says:
    December 9, 2021 at 1:46 pm

    Wood spent the entire year catching knives. If Tesla goes even down 25%, it’s immediately over. She’ll likely buy the entire way down to keep the weighting on her portfolio. I hold a few OTM put options on her unprofitable garbage like Sea Limited just in case it’s an all out collapse. It certainly looks like a taste of things to come in the broader market. Her 2021 was awful and 2022 is likely not going to look pretty.

  95. BRT says:
    December 9, 2021 at 1:50 pm

    don’t get me wrong…. I’m vaxxed and will likely get boosted soon. That said, is it possible that there is a link between the heart attack and the vax?

    Coworker of mine, late 20s, now has a condition called “itchy heart” 2 weeks after the vax. She also has pain in her feet still. Ironically, her friend had the same pain 2 weeks out. There was a heart doctor who went on record saying that if the vaccine leaks out of the injection site, your heart may express the spike leading to autoimmune response.

  96. Libturd says:
    December 9, 2021 at 1:50 pm

    ARKK is down almost 5%. Were you better off buying yesterday or today? Or perhaps when it goes down some more tomorrow? Or when it goes back up tomorrow? Which is it?

  97. Nomad says:
    December 9, 2021 at 1:50 pm

    Lib,

    As an American buying a place in CR, what hoops do you have to jump through and how long does it take to complete the process? Once you own it, is there a minimum amount of time you have to be in CR annually and will the US also require you to be in the states a minimum amount of time each year? Thanks

  98. Libturd says:
    December 9, 2021 at 1:53 pm

    I’ve heard of achy, breaky heart.

  99. dentss dunnigan says:
    December 9, 2021 at 1:53 pm

    Biden said during the debates, anyone who’s responsible for that many deaths” — “should not remain as President of the United States of America.”…..Well

  100. BRT says:
    December 9, 2021 at 1:53 pm

    And counting people who have received at least one shot as unvaccinated is a joke. At the very least there should be a third “partial vaccinated” category.

    The bigger joke is that the Pfizer trial with children showed that those who recovered from COVID had zero breakthrough cases. The data from Israel shows that children with a single shot have their hospitalization risk drop to 0%. Given that nearly all myocarditis occurs on the second shot, the risks far far outweigh the benefits for a 2nd shot to a child. Even Gottlieb said, for a minor, you might want to space the shots out to 6 months. 2 weeks is outdated thinking.

  101. Libturd says:
    December 9, 2021 at 1:55 pm

    Nomad, I gotta run, but there are 5 paths to citizenship. I plan to invest 150K in a BBQ joint. Then I’m allowed to work there.

    Most are pensionistas. Must guarantee 1K a month in income. Must visit at least once every 6 months.

  102. The Great Pumpkin says:
    December 9, 2021 at 1:55 pm

    Still shaking right now.

    Was verbally assaulted to the point I was shaking and had to leave the room to wait for security. Tell me again how good this job is. HOW LUCKY I AM. Nothing like being screamed at and cursed at for telling students to not sit at the teachers desk in a class I was forced to cover for FREE. F’k this. Best part, the African American girl resorts to calling me a racist in her crazy verbal attack. God forbid I say don’t sit at the teacher’s desk.

  103. The Great Pumpkin says:
    December 9, 2021 at 1:59 pm

    You guys love to cherry pick. What are 5 year returns? Did they beat S&P 500?

    Btw, her funds beat out Tesla from 2016 to 2019. How is it that Tesla made her funds when she beat it out over that time period.

    You guys only focus on the one bad year she has had since 2014. Unbelievable.

    chicagofinance says:
    December 9, 2021 at 1:18 pm
    BTW: must give major props to Cathy Wood. Not only did she underperform the returns of her core holdings on the way up during 2021, she had almost complete downside capture on the way down. Complete garbage. We all pounded the table on these threads in January and February. Also, someone tell Pumps the Perogy Putz that if he had even a modicum of knowledge about technical analysis, he would recognize a bear market in the ETF……. hence, you don’t buy the dips, you sell the rips. Also, the Fib 50% retrace suggests that unless it breaks through 108 and holds, the rest of the move is a trap. Stay away.

  104. Bystander says:
    December 9, 2021 at 2:04 pm

    Sorry grim, it pains to me to agree more with Blumpy but I don’t think great resignation is across the board as we are led to believe. Low earners, 7-11 reps can get $20 her hour easy and solid tech skill/ dev can write check. I run a program with at least 70 people from business, mostly middle office risk/compliance functions. Since I run steer-co, I get all emails back when someone leaves. I also talk alot with business reps who tell me dirt on how unhappy people are with pay/bonus and expecting mass exit. It has been 8 months and only 2 have left (one was higher up and one more junior). It folds into my own search where I want to leave but only if better comp, better situation. It is very hard to find leg-up on pay for non-tech roles right now. Down moving pay is very easy though in NYC. Lots of people want desperate do-ers.

  105. BRT says:
    December 9, 2021 at 2:12 pm

    That one bad year matters when the size of your fund balloons 2 billion to 100 billion more than you previously managed before dropping 40%. The amount of money she’s lost people dwarfs whatever she made people on that run up by a full order of magnitude.

  106. 3b says:
    December 9, 2021 at 2:15 pm

    Biden will not commit troops to Ukraine if Russia invades. Well, that’s a relief.

  107. The Great Pumpkin says:
    December 9, 2021 at 2:21 pm

    Who told them to sell?

    They should not have been investing in something short term that is based on a long term strategy. They should have known how volatile it is and how risky it is in the short term. These fools got what they deserve. Hope they learned from their mistake.

    BRT says:
    December 9, 2021 at 2:12 pm
    That one bad year matters when the size of your fund balloons 2 billion to 100 billion more than you previously managed before dropping 40%. The amount of money she’s lost people dwarfs whatever she made people on that run up by a full order of magnitude.

  108. JCer says:
    December 9, 2021 at 2:22 pm

    BRT, the gas lighting is what gets me. The FDA wants 75 years to release the data for the Pfizer vaccine, that should raise a few eyebrows. We have a friend who needed to take the Pfizer vaccine because of the employer mandates, she had a very bad reaction to the first shot, according to her the medical professionals did not report it VAERS, she works in the hospital system where the shot was administered and she was treated for the reaction. Lots of people have had the injection without any ill effects, but for the unfortunate few who have an issue it is a big deal. We need to use the data and it should be available, decisions should be made based on risk.

    The mandates are the definition of insanity as all the data we have both clinical and observational, indicates no efficacy and stopping nor slowing the spread. This is likely due to mutations and the formulation of the spike used in the vaccine, this is not to say it won’t help you but it will NOT prevent you from getting infected. Again even personally my unvaccinated kid caught COVID from her vaccinated teacher and then passed it to my vaccinated wife.

  109. The Great Pumpkin says:
    December 9, 2021 at 2:23 pm

    Even with the drop, look at her 5 year returns. They bought at the top of the cycle and expected it to keep going up. I knew what I was getting into. You guys all told me. I looked at it as a gift from god, starting a long term strategy after the cycle busted. You can’t tell me innovation is dead. It can be read for 2 more years for all I care, but I know that given enough time, it will go on a sick run again due to their investment strategy and how fast innovation is changing everything.

  110. The Great Pumpkin says:
    December 9, 2021 at 2:28 pm

    You buy every month, or based on how beat down this sector has been, you buy with any extra money you have. It’s not about timing the market perfectly, it’s about getting your money in there and building a base of cheap shares when there is blood in the streets. Timing it perfectly is impossible.

    Libturd says:
    December 9, 2021 at 1:50 pm
    ARKK is down almost 5%. Were you better off buying yesterday or today? Or perhaps when it goes down some more tomorrow? Or when it goes back up tomorrow? Which is it?

  111. The Great Pumpkin says:
    December 9, 2021 at 2:30 pm

    For the unfortunate few, seatbelts have led to their death in an accident. Do we stop using seatbelts?

    “Lots of people have had the injection without any ill effects, but for the unfortunate few who have an issue it is a big deal. We need to use the data and it should be available, decisions should be made based on risk”

  112. The Great Pumpkin says:
    December 9, 2021 at 2:33 pm

    What is your point? What company doesn’t get a tax break for moving these days? Please tell me.

    PumpkinFace says:
    December 9, 2021 at 12:44 pm
    Despite the high taxes, the governor said film and tech companies are coming to New Jersey because of its talent and location. Three years after reinstating a production tax-credit program

    This again? LOL

  113. The Great Pumpkin says:
    December 9, 2021 at 2:35 pm

    Face,

    It’s like you are mad that Murphy did something to attract business to a high cost state. He understands he can’t compete on cost due to the enormous tax breaks states like Texas are giving away, so he goes with what he can sell them on. And here you are busting his balls for bring new business to these states. Go cry about how Florida, Texas, and the Carolinas are giving away the house to attract business.

  114. The Great Pumpkin says:
    December 9, 2021 at 2:37 pm

    Don’t usually correct my posts, but had to with this one. I’m typing extremely fast and no time to look it over before I post.

    * And here you are busting his balls for brining new business to this state.

  115. Fast Eddie says:
    December 9, 2021 at 2:43 pm

    punkin hed,

    No school again today?

  116. PumpkinFace says:
    December 9, 2021 at 2:45 pm

    Despite high taxes… tax credit program. If you can’t figure it out, that’s a you problem.

    The Great Pumpkin says:
    December 9, 2021 at 2:33 pm

    What is your point?

  117. Phoenix says:
    December 9, 2021 at 2:50 pm

    Hmb,
    Daily mail. Learn more about America than from domestic newspapers.

  118. Phoenix says:
    December 9, 2021 at 2:56 pm

    Coronary calcium scan.

  119. Phoenix says:
    December 9, 2021 at 3:01 pm

    Hundreds of criminal cases could be overturned after dozens of Torrance police officers exchanged texts about lynching black men, assaulting gay people and gassing Jews as California AG launches probe into the scandal-hit department

  120. The Great Pumpkin says:
    December 9, 2021 at 3:05 pm

    I had a horrible day where I was literally shaking, but thanks for always being such a cool guy.

    Fast Eddie says:
    December 9, 2021 at 2:43 pm
    punkin hed,

    No school again today?

  121. The Great Pumpkin says:
    December 9, 2021 at 3:07 pm

    Obviously, you are too stupid to get it. Leave me alone with your bs. If you can do better than murphy, go run for governor.

    PumpkinFace says:
    December 9, 2021 at 2:45 pm
    Despite high taxes… tax credit program. If you can’t figure it out, that’s a you problem.

  122. PumpkinFace says:
    December 9, 2021 at 3:15 pm

    This place isn’t your diary, nor should you expect it to be a support group for you (have you considered seeing a therapist?)

    Attaboy!! happy?

  123. The Great Pumpkin says:
    December 9, 2021 at 3:21 pm

    Face, just remember when you look at the mirror later on, tell yourself you are a POS.

    What good do you bring to this blog? What have I gained by reading your posts? NOTHING.

    Now be a good little boy and try to contribute in a positive way instead of wasting time bashing someone.

  124. PumpkinFace says:
    December 9, 2021 at 3:29 pm

    What have I gained by reading your posts? NOTHING.

    LOL Let’s take a poll of what the regulars here would say about your posts.

  125. Fast Eddie says:
    December 9, 2021 at 3:32 pm

    punkin,

    Next time the kidz give you a problem, show them this, then ask if they have any questions.

    https://www.youtube.com/watch?v=-myRdgHUwEY

  126. The Great Pumpkin says:
    December 9, 2021 at 3:35 pm

    A lot of people don’t like me for simple fact that my calls were right. So take your poll, I know I am not liked.

    PumpkinFace says:
    December 9, 2021 at 3:29 pm
    What have I gained by reading your posts? NOTHING.

    LOL Let’s take a poll of what the regulars here would say about your posts.

  127. The Great Pumpkin says:
    December 9, 2021 at 3:36 pm

    Fast,

    That is one of the best scenes. LMAO

  128. PumpkinFace says:
    December 9, 2021 at 3:49 pm

    I want to make sure I understand. Are you saying you predicted wage inflation in 2020-2021, and beyond? Is that your claim?

  129. Libturd says:
    December 9, 2021 at 3:51 pm

    Naz down 1.5%
    Russ down 2%

    I thought after yesterday it was roaring 20s 2.0?

  130. Libturd says:
    December 9, 2021 at 4:00 pm

    I guess we have to wait for 3.0?

  131. The Great Pumpkin says:
    December 9, 2021 at 4:02 pm

    Face,

    Stop being dishonest. Go look at my posts from 2012-2017.

    I know you are too lazy to do that, so i will break it down for you when i get a chance.

    Lib, roaring 20’s 2.0 is only getting started.

  132. Ex says:
    December 9, 2021 at 4:07 pm

    What I REALLY want to know if if the gubmint will eventually find that the social media companies are liable for the mass stupidification of the Country.

  133. Libturd says:
    December 9, 2021 at 4:09 pm

    “mass stupidification”

    That’s awfully close to “mass pussification.”

    Cease and desist my brotha.

  134. PumpkinFace says:
    December 9, 2021 at 4:24 pm

    1) Find me one post of yours from 2012. Any post will do.

    2) Looks like you said it was coming over and over, “next year” or “right around the corner” for years and now you want to say you predicted it would occur in 2020. The record disagrees with you. Also, all it took was a global pandemic and supply chain shock for serious inflation to take hold. You are a genius.

    The Great Pumpkin says:
    January 4, 2016 at 11:11 am
    Yes. Point is, economists are now bringing up the factors I was calling back in 2012. My prediction for wage inflation in 2017/18 is getting stronger by the day. It’s now becoming clear that it is not an “if” we will get wage inflation, but a “when”.

  136. The Great Pumpkin says:
    December 9, 2021 at 4:47 pm

    Face,

    I’m still busy, but stop making up bs. I always said wage inflation would start picking up around 2017/18. Then housing would follow in 2020, setting off the roaring 20’s.

    Please read this article and look at the charts to see I nailed the wage inflation call.

    Don’t hate appreciate.

    https://www.nytimes.com/2019/05/02/business/economy/wage-growth-economy.amp.html

  137. The Great Pumpkin says:
    December 9, 2021 at 4:49 pm

    Stop lying. I never said next year or around the corner. Don’t use a dishonest post by anon moose to discredit my epic calls.

    2) Looks like you said it was coming over and over, “next year” or “right around the corner” for years and now you want to say you predicted it would occur in 2020. The record disagrees with you. Also, all it took was a global pandemic and supply chain shock for serious inflation to take hold. You are a genius.

  138. PumpkinFace says:
    December 9, 2021 at 4:54 pm

    “right around the corner”

    The Great Pumpkin says:
    March 15, 2016 at 8:10 am
    Told you, don’t count jersey out. It was going through a decade of change. Location, along with the highly educated population, is too valuable to ever write off Jersey for dead. Wage inflation is right around the corner and so is the 202o’s boom era. Let’s go!!

  139. Bystander says:
    December 9, 2021 at 5:28 pm

    Tommy and Kyle R had alot in common..

  140. The Great Pumpkin says:
    December 9, 2021 at 5:31 pm

    The date is 2016, you mental midget. Did you actually look at that chart from ny times article from 2019?! You see that massive wage growth in the chart starting in late 2017 into 2018?

    F’ing complete mental midget mocking an amazing call. Get a life. M

    He only had wage inflation and the housing market correct because the pandemic (whiny child like voice).

  141. The Great Pumpkin says:
    December 9, 2021 at 5:34 pm

    Joyce,

    You have a sharp memory and are good at searching. Can you do this poor fellow a favor and tell him to just stop, that I made these calls many years out and stuck by them, even though this blog mocked me and attacked me for it…esp clot and expat.

  142. The Great Pumpkin says:
    December 9, 2021 at 5:36 pm

    And that NYT article points out that it was no easy call. Wage inflation was non existent and housing was dead. The economy looked stuck in stagflation, so it was no easy call on wages, housing, and the economy.

  143. PumpkinFace says:
    December 9, 2021 at 6:06 pm

    Here’s early 2015.

    The Great Pumpkin says:
    March 13, 2015 at 9:09 am
    The fed would not even be considering raising rates if the economy wasn’t improving. The fact that some in the fed are getting anxiety due to no rate hikes as of yet should be all you need to know that wage inflation and inflation in general are on the way.

  144. PumpkinFace says:
    December 9, 2021 at 6:06 pm

    Find me one post of yours from 2012. Any post will do.

  145. The Great Pumpkin says:
    December 9, 2021 at 6:13 pm

    What are you trying to prove?

    You think I’m making sh!t up? How do you think I got this handle? Libturd mocking me and I went with it. He told me the Great Pumpkin is never going to come, but it did.

  146. The Great Pumpkin says:
    December 9, 2021 at 6:18 pm

    Why do you think most hate me on this blog? I tortured them for a long time with OCD posts saying what was coming. Day after day for years.

  147. The Great Pumpkin says:
    December 9, 2021 at 6:23 pm

    They were on the other side of the call like most experts. Im the only person I know that was making these calls during that time period. No one thought it was possible.

    I used to take such big punches to the face on this blog that I started to doubt myself at some points. Thought maybe I’m stupid for taking these positions. I know the blog is filled with intelligent individuals that know their stuff. So it wasn’t easy holding my position. Esp with 3b telling me that the suburbs are dead for years, and screaming at me that I only held my position because i owned north jersey real estate.

    Now the conversation has switched to WFH and ark funds. We will see who is correct when 2025 or later comes around.

  148. The Great Pumpkin says:
    December 9, 2021 at 6:25 pm

    I also don’t believe inflation will last. Maybe next year, but not 2-3 years from now. Too much deflationary pressure from innovation and slowing population growth.

  149. BRT says:
    December 9, 2021 at 6:33 pm

    Pumpkin, how far would ARK have to fall from peak before you admit you were wrong? 50 percent, 60? 70?

  150. The Great Pumpkin says:
    December 9, 2021 at 6:39 pm

    BRT,

    I truly believe disruptive innovation is going to work. I truly believe in her funds and investment strategy for this wild time period that is upon us.

    Thank god everyday that you were lucky enough to be born at the right place and right time to take advantage of this Revolution we are going through by investing in it. It’s not everyday you get these kind of opportunities as the old guard is replaced by a new guard.

  151. Juice Box says:
    December 9, 2021 at 6:45 pm

    2 out of 3 today, did not realize the Holmes jury gets a week off.

    Josh Duggar guilty all charges

    Juicy Smollette guilty 5 out of 6 charges

  152. The Great Pumpkin says:
    December 9, 2021 at 6:48 pm

    Look at it like this. Are you willing to make a long term bet against innovation? I sure as hell am not with what I see on the horizon. Maybe I’m totally wrong, but I have to stick to my gut even when times are tough, like the past month has been.

    You have to believe and stay strong. Hold the ship! We will survive this storm. The sun will come.

    Till then, grab what you can on the ride down, and forget trying to time it. It’s already ridiculously cheap, but if it wants to swing a little lower, be my guest, just an opportunity to buy cheaper shares.

  153. 3b says:
    December 9, 2021 at 6:52 pm

    Pumps(WFH Terrifies Me) :Have you not had enough today without referencing me in your post.

  154. 3b says:
    December 9, 2021 at 6:55 pm

    Juice: I can’t believe Smollet is still going on with this charade. And using his race and sexuality to claim he is being abused. Absolutely shameful.

  155. Ex says:
    December 9, 2021 at 6:58 pm

    4:09 hear me out though. I really think screen time is killing “some kids” that get stuck there. The digital abyss. How long until “we” figure out that screen time is costing us big time. Productivity and the like are being killed by this apparatus.

  156. The Great Pumpkin says:
    December 9, 2021 at 7:09 pm

    Is this legislation creating a buy opportunity as they sell to beat the taxes?

    “The leg­is­la­tion, pend­ing in the Sen­ate, im­poses a 5% tax on ad­justed gross in­come above $10 mil­lion be­gin­ning in 2022, and an­other 3% on in­come over $25 mil­lion, in­clud­ing cap­i­tal gains from stock sales. Con­gres­sional rev­enue es­ti­mates as­sume tax­pay­ers will ac­cel­er­ate cap­i­tal gains in 2021. Wealthy tax­pay­ers could save up to $8 mil­lion in taxes on every $100 mil­lion of shares sold ahead of the ef­fec­tive date, Mr. Tay­lor said. Such po­ten­tial tax sav­ings have been “a pow­er­ful in­cen­tive to sell this year,” he said.”

    https://www.wsj.com/articles/elon-musk-other-leaders-sell-stock-at-historic-levels-as-market-soars-tax-changes-loom-11639089782

  157. PumpkinFace says:
    December 9, 2021 at 7:18 pm

    Just one post from 2012, that’s all I’m asking for

  158. Fabius Maximus says:
    December 9, 2021 at 7:26 pm

    “Looks like you said it was coming over and over, “next year” or “right around the corner” for years ”

    That’s like Clot with his perpetual call of “They’ll be rioting in the streets by June. Looks like I’m safe for another six months.

    Sorry you had a bad day. Unfortunately you’ll find very little sympathy in here. people here are very selective in who they’ll give any empathy to. I had a chat with Grim a few years back on how toxic this place gets. At times this is not a healthy environment to be in.

    Speaking of Clot he made that spectacularly bad call and ended up getting caught in 3X Inverse ETF that shutdown redemptions. You planned your trade and are trading your plan. Personally I wouldn’t do it, but there again its not my money so I don’t have a dog in the fight. Your horizon is 5 years, let it roll. Worst comes to worst it goes to zero.

  159. The Great Pumpkin says:
    December 9, 2021 at 8:02 pm

    Fab,

    I miss those days. Cracks me up. The sky is falling..run!!

    Appreciate the sympathy instead of being a dick.

    Yea, I know most wouldn’t do this investment, but I really feel good about it. Thanks for looking out, though.

  160. The Great Pumpkin says:
    December 9, 2021 at 8:03 pm

    Fab,

    I miss those days. Cracks me up. The sky is falling..run!!

    Appreciate the sympathy instead of being a di!k.

    Yea, I know most wouldn’t do this investment, but I really feel good about it. Thanks for looking out, though.

  161. The Great Pumpkin says:
    December 9, 2021 at 8:03 pm

    I miss those days. Cracks me up. The sky is falling..run!!

    Appreciate the sympathy instead of being a dick.

    Yea, I know most wouldn’t do this investment, but I really feel good about it. Thanks for looking out, though.

  162. The Great Pumpkin says:
    December 9, 2021 at 8:04 pm

    Fab,

    I miss those days. Cracks me up. The sky is falling..run!

    Appreciate the sympathy instead of being a dick.

    Yea, I know most wouldn’t do this investment, but I really feel good about it. Thanks for looking out, though.

  163. The Great Pumpkin says:
    December 9, 2021 at 8:06 pm

    Fab,

    I miss those days. The sky is falling.. run!! Hilarious.

    Appreciate the sympathy instead of being a dick.

    Yea, I know most wouldn’t do this investment, but I really feel good about it. Thanks for looking out, though.

  164. The Great Pumpkin says:
    December 9, 2021 at 8:07 pm

    Proof that ark funds are starting a new cycle. Moving away from Tesla and looking for higher growth companies.

    “$TSLA now just 8.52% of flagship $ARKK fund.”

    https://twitter.com/garyblack00/status/1469051886611353608?s=21

  165. The Great Pumpkin says:
    December 9, 2021 at 8:22 pm

    Amazon’s gone from being a driver of disinflation in goods to a driver of inflation in labor and logistics.

    https://twitter.com/conorsen/status/1468924395808829441?s=21

  166. The Great Pumpkin says:
    December 9, 2021 at 8:28 pm

    3b, I’m officially calling it quits on my position with wfh. With the metaverse, remote we will go. I’m just honestly scared about the impact of living in a digital world more than the real world. That’s a huge turning point in human history when that happens this coming decade.

    “In a year-end post on Gates’ personal blog, the Microsoft co-founder included a prediction about the future of work, and how it could be changed by the rise of the metaverse, the virtual worlds being built by tech companies like Meta (formerly Facebook) and Microsoft, where users will be able to work, play and socialize.”

  167. The Great Pumpkin says:
    December 9, 2021 at 8:30 pm

    Parents yelling at their kids to stop playing video games don’t realize their future adult life will be played in a digitized program. Aka real life video game.

  168. The Great Pumpkin says:
    December 9, 2021 at 8:32 pm

    Remember, you can be whoever you want to be in the metaverse. Getting ready for a wild ride.

  169. Grim says:
    December 9, 2021 at 8:36 pm

    Just like a blog I guess

  170. JCer says:
    December 9, 2021 at 8:41 pm

    Pumps we agree on something, the inflation won’t last. In my version of events there will be a collapse, in yours it’s technology. The technology is already here, production costs are already insanely low, what’s driving inflation is both labor and material shortages. It doesn’t matter that they only need a fifth the number of bodies they needed 20 years ago to produce something, if they cannot fill those jobs, they cannot get all the parts they need, cannot effectively transport materials in and products out the supply becomes constrained and of course prices skyrocket. The pandemic broke a VERY lean system, one that worked remarkably well for the last 2-3 decades. But when everyone keeps very little inventory on hand and is relying on logistics to bring exactly what they need when they need it and that no longer is a reality there are serious consequences to productivity.

    Pumps people dislike you because of your hubris, proclaiming your “Epic calls” and a constant stream of unsupported theories and claims on about the economy and real estate.

  171. PumpkinFace says:
    December 9, 2021 at 9:09 pm

    epic and unsubstantiated

    Some ‘call’ from 2012 that’s not documented anywhere. Plus, would you spike the football in the first year of the decade after, or during, a global pandemic? There’s nine more years to go which might ruin this epic, aka EPIC, call.

  172. Libturd says:
    December 9, 2021 at 9:28 pm

    Forget Shiano.

    Give the pickle the money.

  173. The Great Pumpkin says:
    December 9, 2021 at 9:39 pm

    Remember BRT calling me out to make a call. I come back with buy all the amazon and apple you could while both were getting smashed. Another good call at the time.

  174. Fabius Maximus says:
    December 9, 2021 at 9:42 pm

    “Just like a blog I guess”

    Fair point, back in the day political differences could be discussed with some level mutual respect. That seems to be gone. While I disagreed with most of what Shore Guy stood for, we could actually have a reasonable conversation of why we viewed things different. These days it is GTFO of this county you ^*^%*&^%*.

    But in the end its your house, your rules, you set the tone of what’s allowed and what’s not.

    Meanwhile back in NJ Real Estate.
    https://twitter.com/zillowgonewild/status/1468969311876222985

  175. The Great Pumpkin says:
    December 9, 2021 at 9:49 pm

    I don’t claim to be smarter than any of you.

    Demographics helped me make these calls. I was overweight on the metric that I felt had the biggest impact on the market. I knew wage inflation was coming because the boomers were going to start retiring, putting pressure on the labor chain as their numbers cant be replaced easily. I knew millennials were going to want to raise their kids in the suburbs. That they would drive Housing to boom levels. I know that when housing booms, the rest of the economy follows.

    That’s how I made all these call so far out guys. You guys make it more difficult than it really is. Pay attention to what matters, not the noise.

    “Pumps people dislike you because of your hubris, proclaiming your “Epic calls” and a constant stream of unsupported theories and claims on about the economy and real estate.”

  176. BRT says:
    December 9, 2021 at 10:19 pm

    Remember BRT calling me out to make a call. I come back with buy all the amazon and apple you could while both were getting smashed. Another good call at the time.

    Woulda been great if you actually followed your own advice. But either way, whatever gains you woulda made would have surely been erased by averaging $4k a month into ARKK from January. Fortunately, I don’t believe you did that either, because if you actually did, you’d be freaking out about the amount of red your account has shown all year while everyone else’s has been dark green since March of last year.

  177. JCer says:
    December 9, 2021 at 11:14 pm

    pumps, none of this has anything to do with economic dislocation from a once in a century pandemic, unprecedented government bailouts, lockdowns, etc. This was all your prediction, lest we forget the number of folks you probably went to high school with who aren’t doing so great. The folks in our generation who did well, generally did really well those who weren’t so successful are much worse off than the folks in earlier generations. Is it really demographics driving economic activity or the massive increase in the money supply?

Comments are closed.