Donuts anyone?

From Bloomberg:

New Yorkers Plan to Cut Time Spent in the Office by Half, Survey Finds

Most New Yorkers who worked from home during the pandemic plan to cut their time in the office by nearly half and spend less money in the city annually, illustrating the challenges the city faces as companies adjust to hybrid schedules. 

The average New York City office worker intends to reduce time in the office by 49% and slash annual spending in the city by $6,730, down from an estimated $12,561 before the pandemic, according to Nicholas Bloom, an economics professor at Stanford University. 

At a conference at the Federal Reserve Bank of New York Thursday, Bloom said the remote work push could cost New York between 5% and 10% of its city-center population, softening real-estate values, but that “the city will continue to thrive.” 

New York City is second to San Francisco in terms of reduction of time in the office, but first in terms of decreased spending.

“People used to live in cities because they had to come into the office five days a week,” said Bloom, who has surveyed about 5,000 workers and 1,000 companies about their work habits and policies throughout the pandemic. “If they don’t have to, and they want a backyard, they move out to the suburbs. We see that across cities, and call it the doughnut effect.”  

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

233 Responses to Donuts anyone?

  1. dentss dunnigan says:

    First

  2. Ex says:

    “Eat a dick” while seemingly juvenile does express
    a valid and uniquely Jersey retort. Fuggeddaboutit

  3. Juice Box says:

    from yesterday re: “Tom Brady has joined the Bored Ape Yacht Club”

    Celebs have been pumping crypto and NFTs hard lately as well it’s in their endorsement contracts, they don’t get paid otherwise.

    The South Park Post Pandemic episode hit it out of the park on NTFs. There is even a Tom Brady reference to him selling an NFT of a farting rainbow.

    Here is a great clip, something that probably happened to the South Park team, some NFT huckster pitched NFTs to them. They adapted it to restaurant chains like Denny’s and Applebee’s as depicted in the clip below.

    Here is the pitch from the clip.

    “But you are not seeing your true potential. With NFTs you can give your customers unique digital goods on the blockchain, so much more than just food. How about the Applebee, he has got a little hat and a mustache, and this is chicken fried steak. He ain’t no normal chicken he is wearing a bra.

    Lot’s of people eat Denny’s and Applebee’s and lots of people know about NFTs. (points to a venn diagram) Right here in the middle you know what this is? People who eat Denny’s and Applebee’s and know about NFTs. That is your target audience BABY!

    We get THEM to invest in them exclusive digital characters that they can have on their phones 24/7. It’s the FUTURE you just cannot sell food to people. You lure your customers in with some good pancakes and French fries and then you F_EM with some NFTs!!

    “And if you just believe in NTFs and I believe in NFTs and they believe in NFTs and then we make all kinds of f__king money”

    https://www.youtube.com/watch?v=N8f-BQFo7lw

  4. Juice Box says:

    Another great clip of adult Butters explaining NFTs to the old age home.

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

  5. The Great Pumpkin says:

    Yea, and what happened to those same short traders in 2018? How about 2020? Got their ass handed to them. Just because you think the market is overbought/overvalued doesn’t mean it will crash. Just be happy that the short worked out the way it is supposed to be….the market usually acts irrationally and wipes people out. Burry had the right idea in 2007 and still almost got wiped out. So stop with the easy short talk because you got it right. Again, you two cocky peas in a pod still don’t realize you could have got f/ked.

    BRT says:
    April 6, 2022 at 10:14 pm
    left…right place right time…rofl. Patiently waiting for two straight years watching stocks run up and shorting the top. Must have been luck…or just casually observing the action below the indices. I don’t think we will ever see such an easy collection of shorts again in our lifetimes.

  6. 3b says:

    Saw that article last week, but too lazy to post it , although I referenced it. That’s going to NYC in a huge way, but it’s no surprise; it’s where the world of corporate work is going.

  7. No One says:

    Juice,
    Butters the NFT promoter was the best thing about the South Park specials for sure. The South Park founders must have definitely pitched and rejected some NFT promotions.
    I have a SJW niece on the fringes of the electronic art/music business. She and some 20 something music industry managers are all imagining how they can get rich selling more stupid electronic logos to rip off “dumb millionaires” in her words. That’s how they tell themselves that it’s ok, it’s only “dumb millionaires” that get hurt. I told her it’s more likely going to be some 20 something who is going to blow all his savings on a dumb little cartoon, and end up not being able to buy a house or pay for his next semester of college.

  8. 3b says:

    Let The Games Begin.

  9. The Great Pumpkin says:

    Can’t wait till you realize the future of work is not sitting in your house all day.

    Btw, rt 23 park and ride filling up by the week. Almost 3/4 filled today. Most I have seen. When recession comes, people going to realize they better get to work rather then making demands to stay at home, or you will be the first to lose your job. The guy coming into the office won’t be first on the list, tell you that.

    3b says:
    April 7, 2022 at 8:42 am
    Saw that article last week, but too lazy to post it , although I referenced it. That’s going to NYC in a huge way, but it’s no surprise; it’s where the world of corporate work is going.

  10. Juice Box says:

    No One…. re: “20 something going to blow all his savings on a dumb little cartoon”

    I would say maybe not, as well it has attracted the attention of Silicon Valley and Wall St. It seems to be making some headway in the street scene for licensed products and clothing etc. Besides what you see for sale online, there is now some retail stores selling it. Zumiez stores is selling licensed “Bored Ape Club” t-shirts now. No idea is the money actually makes it back to the owner of the NFT whether it’s Tom Brady or anyone else. Wholesale rates for merchandise is generally something like 8%, however we are a brand-centric society in the U.S. All it takes is one Brand “Ape Club” etc to take off and it will become a billion dollar franchise in merchandising alone.

    Intellectual Property (IP) rights can be sold for real merchandise or virtual aka Metaverse or Gaming online. It does take some skill as an Artist to design a whole line of Apes or other NFTs. There are many trying. It will be a one in a million shot even with celebrity endorsements.

    The Bored Ape Yacht Club AKA “Yuga Labs” seems to hold the most promise with Tom Brady and other celebrities buying one of their NFTs, there was a recent story that Andreessen Horowitz invested, meaning an IPO down the road etc.

    https://www.theverge.com/2022/3/22/22991272/yuga-labs-seed-funding-a16z-bored-ape-yacht-club-bayc-metaverse-other-side

    Ofcourse there is lots of money chasing “Web3” opportunity but like Butters says

    “And if you just believe in NTFs and I believe in NFTs and they believe in NFTs and then we make all kinds of f__king money”

  11. Fastidious Eddie says:

    Is it true that every liberal is an immutable blockhead?

  12. Bystander says:

    3b,

    Good luck. My 5 year old cries and whines when he does not get attention he seeks. He then resorts to anger and threats before moving on within 5m. Not sure how unstable 42yo will react.

  13. Phoenix haha edition says:

    Footage from the courtroom shows Circuit Judge Elizabeth Scherer, 46, asking whether anyone has any concerns about the requirements asked of them.

    ‘Miss Bristol’ piped up to say not only was the trial expected to take ‘a whole entire month’, it conflicted with her birthday and would interrupt her love life.

    ‘First of all let me clarify myself, July second is my birthday, July Fourth is my son, and the 18th is my other son. And again, I need to figure out something. I have my sugar daddy that I see every day.’

    The judge replied: ‘I’m sorry?’ Bristol replied: ‘My sugar daddy.’

    The judge, looking increasingly confused, said: ‘I’m not exactly sure what you’re talking about.’

    ‘Well I am married and I have my sugar daddy. I see him every day.’

    Lost for words, Judge Scherer replied: ‘OK. All right. Ma’am, we’ll come back to you, OK? Thank you.’ ‘Miss Bristol’ was later excused.

  14. Juice Box says:

    Pumps – I’ll bite. re: “you realize the future of work is not sitting in your house all day”

    Sitting all day for sure is bad for you whether it’s at home or in an office building.

    For example just back from my doctor’s visit to get the script for my blood work tomorrow, and then going for my annual physical. My near perfect blood pressure went up and I put on 12 lbs since my last physical.

    I attribute it to being home. I ride my spin bike and lift weights every other day and it’s not cutting it. My sedentary time sitting has increased as well as my coffee and carb consumption.

    I now need to lose that weight and lower my blood pressure ASAP. No more coffee as I am making a whole pot and drinking it all day that will add 10 mmHg to blood pressure and also cutting all morning carbs, and going back to a fruit breakfast. For now it will be fruit and I will make only one cup of coffee to get me going. Interesting enough I quit coffee for a long time and only switched back to it when the pandemic started.

    oh well..

    Also Since it’s spring it’s also back to roadwork as well on my street bike, it should be warm enough for some nice long rides.

  15. Phoenix haha edition says:

    Fishy Fishyyyy.

    A 1930s mansion in the Studio City area of Los Angeles was bought in October 2020 for $3.1 million and then six days later bought in cash by BLMGFN for $5.8 million. The $2.7 million increase in value in less than a week has not been explained. It is also at odds with the market rate.

  16. Phoenix says:

    Juice,
    Toss in some oatmeal as well. Your colon will love you.

  17. No One says:

    Sounds like Libturd accidentally killed Boehlert by speaking out against more luxurious bike paths around Montclair station.
    How hard is it to not get hit by a train while riding a bike? Did he forget to look both ways? Was he ideologically committed to only look left, not right, at the crossing?

  18. Nomad says:

    Fair to say seasoned, experienced and sophisticated traders who short are not hedged in some way? The hedge I believe takes away some upside but also takes away a whole lot of downside. Are there some who are not hedged, sure and some of those do well and others get their backsides handed to them. Trading is a contact sport.

    WFH – still early in the game so hard to predict with high level of accuracy where we are in 3 years or so. Currently, employees have the advantage. At some point in time, they won’t and that is when some employee commuting costs will be factored into pay in the form of reduced or eliminated pay increases for a spell.

    For those who may do a day or two weekly in the office and those completely remote, good chance that in time, corporations start to shop for lower priced talent. Lots of quality talent in mid-size SMAs with populations of 500K – 2 Million. Even if this plays out in reducing Trial-State wages a few percent over time due to out of state competition, the cost of housing, taxes etc in this are remains fixed and especially high for folks who have bought homes in the last few years.

  19. The Great Pumpkin says:

    Lovely. Remember this when you cry about 100k teacher salaries.

    “Walmart is raising starting salaries for its truck drivers to between $95,000 and $110,000 a year, up from an average starting salary of $87,000, said a Walmart spokeswoman. The internal training program will offer workers in other Walmart roles a 12-week course to become certified truck drivers and join the company’s internal fleet, the company said.”

    https://www.wsj.com/articles/walmart-raises-pay-to-attract-truck-drivers-11649336400?mod=hp_lead_pos5

  20. grim says:

    Where exactly does the road intersect the railroad tracks anywhere near the Watchung station? Watchung is elevated, so is the bridge over Watchung Ave, as is Valley Road.

    It would have had to have been N. Fullerton, otherwise where? Fullerton has barriers to both block the road, and barriers that actually block the sidewalks as well.

    However, northjersey.com says it was a hoboken train that hit him, prior to Watchung station, meaning he had to be on the tracks. Bellevue is the only other road-level crossing before Watchung, and that’s nowhere near Watchung.

    Usually when people are accidentally killed in train accidents, it’s not an accident.

    Maybe lib can clue me in here, but I didn’t think anyone walked or biked those tracks in Montclair, hell it’s not even possible because of the bridges.

  21. The Great Pumpkin says:

    Shorting is pure gambling…why? The loss is limitless if things go wrong. Want to talk about risk?!

    Nomad says:
    April 7, 2022 at 9:39 am
    Fair to say seasoned, experienced and sophisticated traders who short are not hedged in some way? The hedge I believe takes away some upside but also takes away a whole lot of downside. Are there some who are not hedged, sure and some of those do well and others get their backsides handed to them. Trading is a contact sport.

  22. Phoenix says:

    GP,
    It’s not just the money, it’s the lifestyle. Which of the two careers has a better lifestyle?

  23. Juice Box says:

    Phoenix – makes for a nice headline for the parkland case. BTW why are they even bothering? He plead guilty in October to 17 counts of first-degree murder, and will never get out of jail. Why does Florida want to execute him? He will probably appeal for decades.

    I sat in a few jury selections, did anyone say the Judge excused her or it was a peremptory challenge? Not an expert but I do remember the judge excusing the potential jurors because they care for minor children.

    Also that Judge might be what you need. Do you like horses?

    https://www.instagram.com/j.elizabethscherer/?hl=en

  24. BidenIsTheGOAT says:

    Was he publishing propaganda for the Clinton’s or the dnc? Maybe he was taken out for some fresh air.

    This bozo running nyc has no clue. The lifeblood of the city has dried up and he’s worried about “masks” on toddlers. GTFO if you can. And many are.

  25. The Great Pumpkin says:

    That’s starting salaries. You don’t have to go to college for four years and you start out at 100k. A teacher won’t make that 1o0k for almost 2 decades. You do the math.

    Phoenix says:
    April 7, 2022 at 9:47 am
    GP,
    It’s not just the money, it’s the lifestyle. Which of the two careers has a better lifestyle?

  26. 3b says:

    Nomad: Companies have been diversifying geographically since before the pandemic, and that will continue. There are multiple teams spread over the entire country working together. A position that might have been based in NYC can now be filled in Atlanta or Dallas or Kansas City, and yes NYC salaries will be impacted negatively. To your point about commuting costs and wages I agree as well, although not last year,where wage increases were significant for many due to inflation.

    I have been saying for the last few years that NYC and other cities will have to become more competitive going forward. Between remote/ hybrid and geographic dispersion , NYC will no longer be able to dictate.

  27. The Great Pumpkin says:

    Don’t listen to this guy…he is always wrong. Yea, cities are going to die, and everyone is going to live in rural areas as remote workers. What a joke. It’s the future I tell you!!

    3b says:
    April 7, 2022 at 9:54 am
    Nomad: Companies have been diversifying geographically since before the pandemic, and that will continue. There are multiple teams spread over the entire country working together. A position that might have been based in NYC can now be filled in Atlanta or Dallas or Kansas City, and yes NYC salaries will be impacted negatively. To your point about commuting costs and wages I agree as well, although not last year,where wage increases were significant for many due to inflation.

    I have been saying for the last few years that NYC and other cities will have to become more competitive going forward. Between remote/ hybrid and geographic dispersion , NYC will no longer be able to dictate.

  28. Phoenix says:

    JB,
    Judge is attractive, have to say that. Either way, currently dating a nice pleasant one. Not easy to find.

    Seems like no one is paying attention to the large NJ trial about Barisone, the Olympian, not even in the news. Judge got hammered so bad with online chats that they took them down on the fourth day. The general consensus is that he is biased. Even if you don’t watch the videos, look at the comments on each day. Link is to day eight, they might have day nine on today.

    It’s local. Enjoy.

    https://www.wfmz.com/news/area/western-newjersey/dozens-of-senior-citizens-receive-involuntary-discharge-notices-as-living-facility-in-warren-county-says/article_a101ba6a-b468-11ec-8b23-db3ebf1cbdcd.html

  29. 3b says:

    Bystander: Thanks. I know exactly what you mean. It will be a challenge, but I am looking forward to it, especially for disciplining myself not to respond. If I can do it for 90 days, then I am confident I can continue to do it.

  30. The Great Pumpkin says:

    Okay, and if you are correct, why stop there? Why would you employ any high cost american when you can hire cheap labor from asia, africa, south america, or eastern Europe?

    Again, I don’t see this happening because in person american collaboration will always dominate cheap remote labor based companies.

    “A position that might have been based in NYC can now be filled in Atlanta or Dallas or Kansas City, and yes NYC salaries will be impacted negatively.”

  31. BidenIsTheGOAT says:

    Hey dummy get out of nj for once. Go to the rust belt cities and you can see what happens when the productive people get up and leave. It’s not a place you want to be.

  32. The Great Pumpkin says:

    What productive people are actually leaving NYC? How can you compare rust belt cities to NYC. Get real.

  33. Phoenix says:

    GP,
    There will be more diversification due to supply chain interruptions. More things will be made in America than before. You can expect more inflation from that, however.

    What the world has noticed-is how America is controlling with it’s financial arm. This has been and is a threat to non-western countries-but what has been done to Russia is unprecedented. I’m sure plenty of countries that deal with the United States see this a potential weapon to be used to control them as well. It’s why Saudi is taking Yuan as payment.

    Don’t have all your eggs in one basket.

  34. BidenIsTheGOAT says:

    Eventually it may pivot that way dummy. Factory jobs were globally sourced. A lot of people speculating that the work from home revolution will lead to the same for white collar workers. It will only take a few years.

  35. grim says:

    Talented people tend to cluster together.

    NYC doesn’t command high salaries because of the underlying cost of living in NYC.

    NYC, and other major metros, are expensive because talent clusters there. From a labor availability perspective, you can operate a higher-end company there, and have ready access to talent.

  36. Libturd says:

    On biking into a train. We heard the story two nights ago and it sounds like it occurred at the North Fullerton grade crossing down by the Montclair DPW. If I were a betting man, I would call it suicide based on two issues. First, it’s been wet and rainy for days. Two, what wealthy person bikes at 10PM? Third, nowhere is there a description of the accident or even the precise location.

    As to Grim’s angle, there is no paved area along the tracks to ride. Just stone and it’s bumpy as crap.

    If it was an accident, that grade crossing is on a sharp turn and if I’m not mistaken, I think the crossing has those old steel plates, not the modern rubber ones. They do get incredibly slippery when wet (Bon Jovi reference aside), and if speeding on skinny speed bike wheels definitely a recipe for a rear wheel to slide out. If racing a train (which makes no sense since the stop is still a ways away and those Hoboken trains are incredibly short), this makes little sense as the delay would be 30 seconds at best. Also, most Hoboken trains are diesels. You can hear them even with headphones on high. I’m doubling down on suicide. I’ve seen a ton of successful men kill themselves over the years in Montclair. Usually it’s debt driven and their family doesn’t know about it and the whimp can’t face up to the poor decisions made.

    Pura Vida tomorrow beyatches. I’ll post pictures. Flying Jet Blue Lefty.

  37. Libturd says:

    Grim,

    On talent in New York. If you do a selective college search pretty much between the Mississippi River and the Sierra Madres, not a single one will come up. Have to cross the border into Cali or go to Michigan or further east on the right side of the country.

  38. The Great Pumpkin says:

    Again, what can’t china duplicate? The level of innovation from in-person collaboration at american companies. You are bringing together really smart people who feed off each other. Yes, they can still work together remotely, but it’s not the same. In-person collaboration allows you to feed off each other’s energy and ideas at a rapid pace. Everyone is there. There is no working around their remote schedule waiting for a zoom call.

    If you had a choice to take your hard earned money for a start up. Would you pick the remote business model or in-person model? Why?

    If you are an existing company, not really striving to be great, but just stay alive with status quo, sure you can use remote to lower costs, but eventually your company will be dead….just like bystander’s current company.

    BidenIsTheGOAT says:
    April 7, 2022 at 10:11 am
    Eventually it may pivot that way dummy. Factory jobs were globally sourced. A lot of people speculating that the work from home revolution will lead to the same for white collar workers. It will only take a few years.

  39. BRT says:

    Again, you two cocky peas in a pod still don’t realize you could have got f/ked.

    Unleveraged buddy. You have no clue what you are talking about.

  40. The Great Pumpkin says:

    Notice who wants in-person in the tech world? It’s no coincidence the best tech companies like apple and microsoft want in-person. Yes, their lesser competition like twitter tries to steal their employees by offering year round remote, but that’s because twitter is no apple.

  41. BidenIsTheGOAT says:

    I was initially arguing that wfh would pass quickly. Clearly it won’t. I heard from someone who worked out of a big office in parsippany. They just let the lease expire.

    There are some unique things about ny, I wouldn’t argue differently but I would commit to any preconceived notions either.

  42. BidenIsTheGOAT says:

    Hey dummy, while you’re teaching systemic racism and deconstructing standards they are teaching AI and virtual reality in China. They are taking the long view. The only people who don’t hire them as a threat are those already in bed with them.

  43. The Great Pumpkin says:

    Yes, shorting has unlimited loss potential….prove me wrong. I don’t care if you are leveraged or not. You don’t even realize that you are straight up gambling, which you are. If you hedge, what’s the point, doing all this work when you can prob just make more money with passive index investing. I get it, you want action, but don’t deny the risk that comes with shorting.

    “Short Selling Risk vs. Reward
    A fundamental problem with short selling is the potential for unlimited losses. When you buy a stock (go long), you can never lose more than your invested capital. Thus, your potential gain, in theory, has no limit.

    For example, if you purchase a stock at $50, the most you can lose is $50. But if the stock rises, it can go to $100, $500, or even $1,000, which would give a hefty return on your investment. The dynamic is the exact opposite of a short sale.

    If you short a stock at $50, the most you could ever make on the transaction is $50. But if the stock goes up to $100, you’ll have to pay $100 to close out the position. There’s no limit on how much money you could lose on a short sale. Should the price rise to $1,000, you’d have to pay $1,000 to close out a $50 investment position. This imbalance helps to explain why short selling isn’t more popular than it is. Wise investors are aware of this possibility.”

    BRT says:
    April 7, 2022 at 10:26 am
    Again, you two cocky peas in a pod still don’t realize you could have got f/ked.

    Unleveraged buddy. You have no clue what you are talking about.

  44. The Great Pumpkin says:

    Right, that’s why they need to steal technology.

    BidenIsTheGOAT says:
    April 7, 2022 at 10:35 am
    Hey dummy, while you’re teaching systemic racism and deconstructing standards they are teaching AI and virtual reality in China. They are taking the long view. The only people who don’t hire them as a threat are those already in bed with them.

  45. The Great Pumpkin says:

    You seriously think the world will be driven by people who are isolated and working from their homes all day. I have a bridge to nowhere for sale? Interested?

    Again, why are people so against virtual learning for their kids? Why is remote learning no good for the avg kid, but it’s great for a 20 something starting their first job remotely.

    BidenIsTheGOAT says:
    April 7, 2022 at 10:31 am
    I was initially arguing that wfh would pass quickly. Clearly it won’t. I heard from someone who worked out of a big office in parsippany. They just let the lease expire.

  46. grim says:

    Friend of the family said to hell with NJ a year ago.

    They decided to try life out in West Virginia of all god damned places. Why? Who knows, it’s cheap to live there.

    They came back.

  47. Juice Box says:

    re: biked those tracks……

    Bike over railroad ties and 1.5 inch crushed stone at 9:40 PM at night at on a 45 degree Monday night? The man who passed has two young children that I can see from his profile. I feel sad for them accident or otherwise, the investigation will come out soon enough after the family has had time to grieve etc.

    I am not a fan of masking the truth for stuff like this. I had a Bronx friend I grew up commit suicide during the pandemic by gun in his car parked in his driveway. The Police, news and family did their best to call it an accident to perhaps shield the children from the terrible truth.

    Anyway studies show the pandemic has defiantly made people fatter but their mental health is also still suffering, so reach out to those you know might need some kind words.

  48. Juice Bxo says:

    Pumps – “prove me wrong”

    You opine on options and it’s ongoing utility like you know the purpose and history of it. Do you really believe that options are always riskier investments than stocks?

    Which came first the stock market or the options market? The options markets trace their history all the way back to the olive trade in ancient Greece, and SINCE THEN everyone investing in options knows options carry no guarantees and they risk the entire amount of the premium they pay. Potential cash losses as an options investor are usually smaller than if you’d bought the underlying stock, unless you are shorting. You say shorting is bad but forget the utility of it. Is it abused? Yes, just like stocks are there are people pumping and dumping stocks and using options to make a boat load of money on it. Sometimes illegal to do, and when it happens people do get in trouble both financially and legally. Some of those hedge funds that got caught up NAKED short selling etc? Let’s hope it does not all get swept under the rug again. The markets like people are imperfect and can be improved that is what the laws and regulations are for, but shorting has it’s purpose and without it it the cost would only get way more expensive to go long on any stock.

  49. BidenIsTheGOAT says:

    Large scale wfh should benefit nj. At worst I think a wash. No home for sale at all in the exurbs. It’s the defund the police democrat cities that no longer make sense for people.

  50. grim says:

    NYC crime sprees are the best thing that ever happened to NJ. We should be thankful for the inept leadership.

  51. Juice Box says:

    re: crime sprees….Yes when you drive around NJ for the first time it looks like a paradise. The first thing you might notice in any leafy NJ suburb is there are no bars on the windows like in most of the five boroughs or western long island.

  52. BidenIsTheGOAT says:

    It’s the covid stuff too. Would anyone be surprised if knee jerk leftists started calling for lockdowns again as cars rise? Of course not. People with kids in particular have fled from that.

  53. Fabius Maximus says:

    “cutting all morning carbs, and going back to a fruit breakfast.”

    Last time I looked fruit was carbs. Have you considered that it is just your metabolism slowing with age?

  54. BRT says:

    It’s pretty laughable that you insist that shorting a stock is straight up gambling when you have insisted on buying nothing but stocks that have no earnings.

  55. Libturd says:

    I find it’s getting easier to ignore the ignoramus. I think we should all try it. I gave him my best shot. He is the poster boy for Clueless. So why bother?

  56. Nomad says:

    If the most valuable employees are separated out from the entire employee base at a company, what % would be the most valuable / critical? Based on the industry, that number will vary.

    Then, look at total payroll costs and the % made up of most valuable employees. Perhaps this group is full time or part time at the office. For the balance, remote workers who can be 5 miles or 1000 miles from the office. These are the payroll costs that will aggressively be managed. As far as developing bench strength, in the new world, I assume corporations will figure that out.

    AI will take care of some of the WFH / Split schedule workers too. Take compliance for example, for the non-IT portion of this function do you think people in these roles are going to become more or less valuable?

    You can see how outsourcing has driven down some segments of corporate labor costs. Quality may suffer but it has been going on for years, has their been a catastrophic failure at a company due to this (I am guessing no but am not certain).

  57. The Great Pumpkin says:

    When almost all over my money is tied up in real estate and index funds, why can’t I add hot sauce to the portfolio? I’m trying to take some risks while I’m still young to make some real money. I never said it wasn’t risky. That’s exactly why I am playing it, because of the high risk/high rewards.

    BRT says:
    April 7, 2022 at 11:27 am
    It’s pretty laughable that you insist that shorting a stock is straight up gambling when you have insisted on buying nothing but stocks that have no earnings.

  58. Bystander says:

    Yet, NYC real estate is white hot. Please explain. Our parents avoided the city bc of crime. Now, crime waves are a good sign for NYC living? Housing prices in the burbs barely moved/went south from 2008- 2019 and now prices are full levitation mode everywhere?

  59. The Great Pumpkin says:

    Good post. I could see a two class system developing. Most important employees will be in person. Older workers and workers that can easily be replaced will be remote. At the end of the day, it will be a badge of honor that you are still asked to come into the office. Will mean you are important and can’t be replaced. I can def see this coming about…

    Nomad says:
    April 7, 2022 at 11:32 am
    If the most valuable employees are separated out from the entire employee base at a company, what % would be the most valuable / critical? Based on the industry, that number will vary.

    Then, look at total payroll costs and the % made up of most valuable employees. Perhaps this group is full time or part time at the office. For the balance, remote workers who can be 5 miles or 1000 miles from the office. These are the payroll costs that will aggressively be managed. As far as developing bench strength, in the new world, I assume corporations will figure that out.

  60. leftwing says:

    “3b says: April 7, 2022 at 9:01 am Let The Games Begin.”

    ding-ding-ding-ding!

    I believe buddy. No more Lucy and Charlie Brown.

    https://www.youtube.com/watch?v=2205lzQJYOU&ab_channel=NFLThrowback

    #throughtheuprights

  61. The Great Pumpkin says:

    10 year keeps going up.

  62. JCer says:

    What I don’t understand about the bars on the windows is why even in dodgy parts of jersey city most people got rid of the window bars yet they persist in the outer boroughs.

  63. Juice Box says:

    Fab – Apple has half the carbs of a bagel. I was planning on cutting carbs by eliminating the bread and bagels etc in the morning. Simple substitution, and I am not talking about Keto and just eating meat etc. Sure I am getting older, eat less and exercise is all you can really do. However more muscles means more burning calories, that is why I lift weights and so I can crush a skull.

    https://www.youtube.com/watch?v=3ThU-dm1acs

  64. JCer says:

    Pumps, rates are going up. Wages are totally stagnant in most sectors(outside of hospitality, trucking, etc that were decimated by the pandemic and now face unprecedented labor shortages) and real wages are negative because of crazy inflation. Supply chains are all messed up and the economic war with russia could be very problematic in certain areas. All signs point to a recession and stagflation, it’s the 1970’s all over again.

  65. Juice Box says:

    Jcer – Perhaps just legacy window bars? I have seen them on cape style homes in the burbs surrounding Newark etc, that still have them. Allot of window bars went up in the late 1960s and early 1970s, kept intruders out while letting air and light in as they had no central A/C etc. For new and remodeled homes in gentrified in Hoboken and Jersey City they removed the window bars and well I don’t think the homeowners even open windows much anymore they let the A/C do all the work.

  66. JCer says:

    Pumps, the highest value workers call the shots. If an employer perceives you as having high value and you want to be remote they’ll let you work remote. They already for the most part have off-shored what they are comfortable offshoring, most large companies have been at this for 20 years, any job they can ship to a value location without huge risk will be shipped.

    ML/AI is the next phase, the issue is the cost not just building the models/software/etc but even getting the data ready, data is the foundation and many companies are trying to get that house in order to automate. The issue with ML is it is expensive and requires humans to train it but then also when do you cut the humans entirely out of the process, do you trust your AI? Most big companies are so poor at software that it seems dubious they’d be able to implement functioning ML. Heck there are still tons of opportunities with conventional automation that have not been done because the cost of building systems and fixing data structures exceeds the off-shored labor costs multiple times.

    Given what has happened I have grave concerns for the future of the middle class in America. The good jobs simply aren’t there anymore, basically unless you are top tier talent your job has been shipped overseas or otherwise automated. WFH is dangerous because it is going to accelerate the demise of more domestic jobs as employers see that jobs that they thought needed to be local can be done anywhere. So again only the high value will remain.

  67. JCer says:

    Juice, Newark and east orange still have them. I think in Jersey City people are trying to pump up property values so removing the bars helps. No one burgles houses in the hood anymore anyway, they come to the suburbs why would you steal from people who don’t have anything good vs. the folks in short hills who have rolexes and cash in their homes. In the hood muggings and thefts from cars are the most common today, people want to steal cash.

  68. Libturd says:

    Juice. 2 egg whites (sprinkle fresh ground pepper and a little cumin on them) and I throw some chopped vegetables in. Walmart sells a bag of frozen starter vegetables which makes it even easier. You can add cheese or avocado depending on whether you want fats, but it adds calories.

    https://www.walmart.com/ip/Great-Value-Seasoning-Blend-10-oz/865553259?wl13=3159&selectedSellerId=0

    It’s delicious. Trust me. Sprinkle some hot sauce or cumin on it too.

  69. Libturd says:

    BTW, auto theft in Essex County is up over 50% in the last two years. Joe D., called to tell me to lock my car doors. Thanks Joey!

  70. leftwing says:

    “Pura Vida tomorrow beyatches. I’ll post pictures. Flying Jet Blue Lefty.”

    LOL. TY. Every little bit helps.

    Enjoy. Which part of the country you staying?

  71. 3b says:

    Jcer: Or the guy in Tenafly last week who left his car running in the bank parking lot with his kid in the back seat, and it was stolen. Fortunately, the thief dumped the car shortly after, and the kid was not harmed.

  72. 3b says:

    Jcer: Plus companies save a fortune on dumping unnecessary office space.

  73. 3b says:

    Left : We can do this!! It’s a process, but we can do it!!

  74. leftwing says:

    LOL, like two drunks holding each other up buddy!

  75. 3b says:

    Jcer: It’s common sense that high value workers call the shots and many want remote or hybrid or some combination. Of course, some companies will be dragged kicking and screaming and others will outright refuse, but they will be at a competitor disadvantage when looking to hire high value workers.

  76. Phoenix says:

    Juice,

    No shortage of suicide attempts. Most don’t make the news. Plenty of stressed out humans.

    Worst is when we do our jobs and they wake up 500 times worse than before the attempt

    See this all of the time.

  77. 3b says:

    Left: Yeah, perfect description! One of us convincing the other just one more post and then we swear we will stop! Ain’t gonna work! Cold turkey is the only way to go!

  78. 3b says:

    Phoenix: I read somewhere late last year, that supposedly the suicide rate for white middle age males is at an all time high. The article did not go into any specifics as to why that might be.

  79. The Great Pumpkin says:

    If you really are the high value worker calling the shots…wtf would you want to isolate yourself from everyone and work from home. Makes no sense.

    3b says:
    April 7, 2022 at 12:39 pm
    Jcer: It’s common sense that high value workers call the shots and many want remote or hybrid or some combination. Of course, some companies will be dragged kicking and screaming and others will outright refuse, but they will be at a competitor disadvantage when looking to hire high value workers.

  80. The Great Pumpkin says:

    But according to you, I’m just a teacher and therefore I know nothing.

    Best part, I don’t have to have you triggering me with your replies. Life is good.

  81. chicagofinance says:

    Cut the salt….. there is so much salt out there…. don’t add salt to anything at all… buy the flash frozen veggies…. get rid of all prepackaged stuff in the grocer freezer…. do not add salt to season anything…. eat out less…..

    Juice Box says:
    April 7, 2022 at 9:32 am
    Pumps – I’ll bite. re: “you realize the future of work is not sitting in your house all day”

    Sitting all day for sure is bad for you whether it’s at home or in an office building.

    For example just back from my doctor’s visit to get the script for my blood work tomorrow, and then going for my annual physical. My near perfect blood pressure went up and I put on 12 lbs since my last physical.

    I attribute it to being home. I ride my spin bike and lift weights every other day and it’s not cutting it. My sedentary time sitting has increased as well as my coffee and carb consumption.

    I now need to lose that weight and lower my blood pressure ASAP. No more coffee as I am making a whole pot and drinking it all day that will add 10 mmHg to blood pressure and also cutting all morning carbs, and going back to a fruit breakfast. For now it will be fruit and I will make only one cup of coffee to get me going. Interesting enough I quit coffee for a long time and only switched back to it when the pandemic started.

    oh well..

    Also Since it’s spring it’s also back to roadwork as well on my street bike, it should be warm enough for some nice long rides.

  82. chicagofinance says:

    tremendous

    No One says:
    April 7, 2022 at 9:36 am
    Was he ideologically committed to only look left, not right, at the crossing?

  83. The Great Pumpkin says:

    You either know how to make money and manage your finances or you don’t. Why waste money on a program like this. Wtf. If you want to learn, first learn how to do math. Then research on the internet about how to manage your finances.

    “Whether you want to save money for retirement, pay down college debt or improve your credit score, New Jersey says it wants to help.

    As part of National Financial Literacy Month, the state is launching a free financial wellness platform called NJ FinLit. It will be available to all adult state residents.

    “Understanding money, building credit, saving for a home or retirement — these are life-long lessons that persist well after we leave the classroom,” Gov. Phil Murphy said Wednesday. “New Jersey was a leader in getting personal financial literacy into our K-12 curriculum, but this new platform will close the circle to ensure every resident has the tools they need to take control of their financial future.”

    https://www.nj.com/news/2022/04/want-to-learn-more-about-money-state-launches-new-platform-to-help.html

  84. chicagofinance says:

    I have no idea what happened, but in Red Bank there are a bunch of at-grade crossings. The big mistake is seeing a stopped train at a train station when the gates are activated. A crosser whether pedestrian, biker or driver assumes no danger and doesn’t realize an approaching train in the other direction.

    No One says:
    April 7, 2022 at 9:36 am
    Sounds like Libturd accidentally killed Boehlert by speaking out against more luxurious bike paths around Montclair station.
    How hard is it to not get hit by a train while riding a bike? Did he forget to look both ways? Was he ideologically committed to only look left, not right, at the crossing?

  85. Libturd says:

    In CR,

    One night in San Jose. Two nights in La Fortuna (volcanos and waterfalls). Three nights in Tamarindo (beach and relaxation). Signed us up for a cooking class in a great restaurant and a quad tour to a beach only accessible by quads.

    Otherwise, it’s monkeys, sloths and great fresh fruit and coffee. I look forward to my daily pipa fria.

  86. chicagofinance says:

    Someone who sabotaged my work at a consulting company (little sawed off weasel) jumped in front of a train in Montclair about 10 years later. I knew his was fucked up in a catatonically bizarre way, but was still shocked. Best guess for someone like that would be spouse filed for divorce or found out they had terminal illness.

    grim says:
    April 7, 2022 at 9:43 am
    Where exactly does the road intersect the railroad tracks anywhere near the Watchung station? Watchung is elevated, so is the bridge over Watchung Ave, as is Valley Road.

    It would have had to have been N. Fullerton, otherwise where? Fullerton has barriers to both block the road, and barriers that actually block the sidewalks as well.

    However, northjersey.com says it was a hoboken train that hit him, prior to Watchung station, meaning he had to be on the tracks. Bellevue is the only other road-level crossing before Watchung, and that’s nowhere near Watchung.

    Usually when people are accidentally killed in train accidents, it’s not an accident.

    Maybe lib can clue me in here, but I didn’t think anyone walked or biked those tracks in Montclair, hell it’s not even possible because of the bridges.

  87. BRT says:

    How hard is it to not get hit by a train while riding a bike?

    Airpods, earpods, whatever the heck they are called. I had to install 2 high powered horns in my car to get people’s attention when they go into their blind spot w/out checking with their earbuds in while driving. The roadrunner meep meep horn wasn’t cutting it.

  88. Fabius Maximus says:

    A bagel is not actually that bad for you. It all comes down to the Glycemic Index. Plain bagels only really have sugar added to activate the yeast. When you start adding malt extract as they do to most grain breads, or sugar to white bread to sweeten it, that’s when the carbs spike.

  89. No One says:

    op-stay esponding-ray o-tay umpkin -Pay

  90. chicagofinance says:

    It’s going down….. the yield is going up.

    The Great Pumpkin says:
    April 7, 2022 at 11:45 am
    10 year keeps going up.

  91. No One says:

    I’d be depressed if I had shilled for Hillary Clinton. It depressed some other now-deceased people too.

  92. chicagofinance says:

    It disagree. It really is. It is incredibly dense bread. Super carb load. Dinky plain bagel is 300 cal. Year 2022 supersized PLAIN bagels are 450-500. THEN you add anything. Plain bagel and butter can cost you 600 cal and you will be hungry 45 minutes later.

    Other facts…… bread has a lot of salt in it. Ice cream has a lot of salt in it.

    Fabius Maximus says:
    April 7, 2022 at 1:18 pm
    A bagel is not actually that bad for you. It all comes down to the Glycemic Index. Plain bagels only really have sugar added to activate the yeast. When you start adding malt extract as they do to most grain breads, or sugar to white bread to sweeten it, that’s when the carbs spike.

  93. The Great Pumpkin says:

    Juice,

    I don’t sit at all during work. Stand by podium when I am on the computer. I also walk everyday on my lunch break for 2 miles. Rain or shine….got absolutely soaked today, even with an umbrella.

    Really good advice from you in their earlier post. You can’t sit around. It will slowly kill you.

  94. Fat Fuck Fast Eddie says:

    Cut out bread and pasta, stick to source food, no processed food and do some form of exercise at least 20 minutes per day.

  95. Trick says:

    Had a friend jump in front of a train in clifton a few months after he got laid off during covid. Paper just said they found a body by the tracks.

  96. The Great Pumpkin says:

    It’s crazy how many people kill themselves by train in north jersey. Happens way too much. Sad.

  97. Fast Eddie says:

    Re: Suicide – I frequent coin shows and flea markets. One of the dealers at various coin shows was a clean cut, preppie-looking dude. He looked like a Harvard, blueblood type. He was young, early 30ish. Didn’t see him at coin shows anymore. One of the dealers told me he threw himself in front of a tractor-trailer on route 80. Fucking ouch.

  98. Juice Box says:

    We lost a local high school boy 15 years old to suicide by train in December. Family wrote that their son lost his battle with depression.

    Sad stories for sure, the rates for young people are way way up ages 10-24. Studies show over a 50% increase in the last 15 years, and it Coincides with the advent of social media.
    Keep a close eye on what they do online.

  99. The Great Pumpkin says:

    “Looking at a very interesting chart on the monthly MACD . It crossed over negatively in the last 28 years 5 times . 2000 2007 2015 2018 and 2020 . It’s getting extremely close again and this time from the most significantly highest level”

  100. The Great Pumpkin says:

    Good point.

    “Sad stories for sure, the rates for young people are way way up ages 10-24. Studies show over a 50% increase in the last 15 years, and it Coincides with the advent of social media.
    Keep a close eye on what they do online.”

  101. grim says:

    Well, if anyone is having a shitty day and needs to shoot the shit over a beer, you call me.

  102. Juice Box says:

    There is some middle ground in the Senate after all, Judge Jackson was just voted in a few minutes ago.

    U.S. Senate yesterday also approved a lend-lease bill for Ukraine first time since WWII, it was =unanimously approved too so more middle ground, it bypasses the Arms Export Control Act and the Foreign Assistance Acts from the 1960s. We can pretty much lend them any weapon system or heck lend them food if need be.

    I would expect lots of neat Anti-Aircraft equipment and guns, equipment will be headed their way since the rest of Europe won’t give it to them. Anti-aircraft guns maybe event the radar guided automated truck mounted 20 mm Vulcan cannons. Centurion C-RAMs, you may have seen operating in the green zone in Iraq etc. Scary weapon can take out anything flying low.

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

  103. crushednjmillenial says:

    NYC compared to the rust belt . . .

    At one point, I saw a color-coded map showing for each US county the percentage decline of manufacturing jobs from, say, 1960 – 2020. So, it was dark red if you lost a lot, white if you lost some, and dark green if you barely lost any.

    North NJ and NYC was dark red, just like many, many counties of the Rust Belt. NYC metro area and the broader Northeast US could have resembled the rust belt if not for two things: (1) the rise of financialization and office-ification of the US economy (obviously, places like NYC benefit); (2) mass immigration (immigrants re-invested and re-built some older urban and suburban neighborhoods, because it’s a great place to live compared to where they are coming from).

    NYC had some trendlines in 1980 heading in the same direction as a Detroit or Buffalo. Those trendlines could have manifested in a NYC today that resembled Philadelphia (with a very good yuppie core, some decent working class areas, but a massive amount of crime-driven neighborhoods). It wasn’t written in stone that the NYC metro area needed to be as prosperous as it is.

  104. chicagofinance says:

    It also coincides with you becoming a teacher.

    The Great Pumpkin says:
    April 7, 2022 at 2:30 pm
    “Sad stories for sure, the rates for young people are way way up ages 10-24. Studies show over a 50% increase in the last 15 years, and it Coincides with the advent of social media.
    Keep a close eye on what they do online.”

  105. Phoenix says:

    10 stories . Don’t jump less than 10. At least not if you are in range of a trauma center. Unless you want to possibly survive.

  106. chicagofinance says:

    Check this shit bichez………….

    Federal Reserve Bank of St. Louis President James Bullard said Thursday that the central bank is behind in its mission to get an “exceptionally high” rate of inflation under control, and will likely have to raise rates fairly aggressively to get price pressures back under control.

    “I do think we have to move forthrightly in order to get the policy rate up to the right level to deal with inflation that we’ve got in front of us,” Mr. Bullard told reporters after a speech. “We want to do that in a way that doesn’t cause too much disruption, but on the other hand, we do have a serious inflation issue and we have to move forthrightly to get inflation under control,” he said.

    In his remarks, Mr. Bullard said both monetary-policy rules and market pricing levels suggest the Fed is far from where it needs to be to bring inflation down. Rules, which generally suggest a given level for the federal funds target rate range based on growth, hiring and inflation, point to the need for a 3.5% rate, compared with the current range of between 0.25% and 0.30%, while market pricing levels suggest a lower rate, he said.

    For Mr. Bullard, there is a need to get the fund rate to above 3% by the second half of the year before deciding if more is needed. Mr. Bullard said he also agrees with the central bank’s plan to start cutting the size of its $9 trillion balance sheet soon, as well details about the possible pace revealed in the Fed minutes Wednesday.

  107. Ex says:

    Hmmmmm $100k truckers. Good!

    Seems like the perfect retirement plan for an ex-teacher.

    Short Haul would be my preference.

    Right now average short haul wages are about $35k a year and long haulers might make $65k. There are also a lot of ways to get fleeced as a potential owner / operator. Especially if you lease your truck from your employers. Very bad idea.

    I cannot image how gas costs are figuring into the transport equation.

    No, I don’t mind pee’ing in a bottle! But once the self-driving trucks come along…..

  108. Ex says:

    I know one guy who used to be in Tech….Jack Shortway….married a gal who also was successful. At some point, he decided to become a trucker. For anyone who has either done corporate sales or taught for a living — it’s hard to say what “drove” him there….hahahhaha….get it? Drove him…..there.

  109. Ex says:

    5:21 As Peoria goes…..so goes…..

    https://youtu.be/f1XrTzVzbJY

    Possibly the most beautiful song ever written…..

  110. Fabius Maximus says:

    “There is some middle ground in the Senate after all”

    Where?
    https://twitter.com/TheDailyShow/status/1511132005836107780

    Best comment of the day was against Lindsay Graham. He had a tie on for his press conference earlier in the day, but didnt have it with it when it came time to vote. Senate rules say he must have a tie on when he is on the Senate Floor, so he cast his no vote from the cloakroom. Or as one twitter user put it, “He voted No from the Closet!”

  111. Fabius Maximus says:

    Grim,

    Would love to join you for a beer. My day started at 4AM and I have to talk to Japan in 15 mins.

    At this stage in my career, it is better to be this busy, than to be quiet. When they ask about WFH, I point to days like this and explain, that work flexibility allows days like this to happen.

  112. Juice Box says:

    Fab- Lindsay Graham has allot in common with our Senator Booker. Not that it matters as both crave power and the company of mostly men.

  113. The Great Pumpkin says:

    Bullard calling for a 3.5% Fed funds rate is wild. How that would work without a major market meltdown is a fair question considering that in 2018 the debt construct couldn’t even handle 2.5% before forcing the Fed to switch course. Over $8 trillion in debt have been added since then.

  114. Libturd says:

    Booker doesn’t love other men. He loves himself

  115. Fabius Maximus says:

    Juice,

    Difference is that Lady G is running on a hypocritical family values platform.
    If the rumors surface as true, its a minor blip for Cory, Lindsay, will have big issues.

  116. Juice Box says:

    Lib – Sure about that? Not that it matters but anecdotal a family member ran for governor in another state, he was divorced and dating and well as soon as his campaign started he bought an engagement ring and was going to get hitched, the happy couple and all were praised in the press, well until his chances of getting elected died in the primaries. They are still together and are in the mid 70s now and still not married and never will be. He is sick now too, spent some time chatting with him over Christmas he really hates the far left side of the party, perhaps because they want to take away his money. Money he did earn for sure….Nice story actually I will share it once he is gone, but could be a few more years as I am not an oncologist I would not know if he can be cured. BTW – I have been hearing allot of cancer miracles recently.

    Anyway supposedly Booker’s girl Rosario moved to Newark to be with him and then well the campaign ended in 2020 and now the relationship. I for one doubt she spent any time here, supposedly she has a nice spread in California and well Disney gave her a great new gig as Ahsoka Tano. I gather the allure of potentially being first lady and all was not enough, and well he moved onto other flings in coatrooms.

    I joke ofcoure but men really rarely change stripes either he was a lothario his whole life or never.

    https://people.com/politics/rosario-dawson-cory-booker-split-after-more-than-2-years-breakup/

  117. Juice Box says:

    Fab- Sure about that? Somehow the people of NJ are more tolerant of a closeted gay man than South Carolina? They have a different way of living down south, maybe they know and don’t care as long as he does the job he was elected to do? The very same argument our Senator uses all the time when accused of being gay?

  118. Fabius Maximus says:

    Juice,

    I’m pretty sure that Gov Mc Greevey showed us that NJ doesn’t really care.

  119. Fabius Maximus says:

    Pink Floyd to release first new song after nearly three decades to support the people of Ukraine

    And no Roger Waters on it and that is a good thing, Because he can go F himself.

    /Rant

  120. Juice Box says:

    Fab- Crap rebuttal I give Booker way more credit as his personal life decisions did not really hurt anyone else. McGreevy was a crook, liar as well a probably a horrible husband and parent.

  121. Fabius Maximus says:

    No you say that NJ would care more, it wouldn’t. The accusations were out there for McGreevy, even after his resignation, they still voted Corzine. The accusations against Menendez were ignored by the electorate,

    But in SC, while Lindsay may get a pass in Charlotte, he still has to answer to the rest of the state.

  122. Hold my beer says:

    Fab

    Charlotte is in North Carolina

  123. Fabius Maximus says:

    Seth again nailing it to the wall. While people may not like his style, you cannot fault the accuracy of what he reports. Well researched, documented and frightening.

    https://twitter.com/SethAbramson/status/1512216837173530624

  124. Fabius Maximus says:

    Apologies, should be Charleston.

  125. Phoenix says:

    Shooting tonight at the American Dream. Guess it’s not so dreamy after all.

  126. grim says:

    Left a garbage can lid off yesterday, looks like we got about 4 inches of rain here.

    It was wicked last night.

  127. Trick says:

    They finally poured the footers on monday off our kitchen and it looks like a swimming pool, sump pump is going off every 30 seconds

  128. Juice Box says:

    3.60 inches according to the nearest rain gauge. We had about 2.5 inch down here.

    https://waterdata.usgs.gov/nj/nwis/current/?type=weather;group_key=basin_cd

  129. Juice Box says:

    Shooter at the Mall?

    Just a normal day in America. These headlines are all within the last week or so.

    google “mall shooting”

    1 shot in leg at Town Center at Boca Raton mall
    Shooting stuns shoppers at CherryVale Mall
    18-year-old suspect identified in Park Plaza Mall shooting
    Police: 1 killed, 2 wounded in shooting at Virginia mall
    1 Killed in Shooting at Mall at Prince George’s
    Two dead in separate mall shootings in Illinois, Maryland
    Norfolk Police looking for man responsible in triple shooting
    GBI: Police shoot, kill man wanted in Cumberland Mall
    Rosemont outlet mall shooting: At least 2 shot, 1 fatally, at …

  130. Juice Box says:

    CBS news says the shooting at Shooting at American Dream mall was in the parking garage, and Police are looking for three suspects.

    Sounds like somebody resisted getting their car jacked?

  131. Juice Box says:

    Fab – blocking nominations? Short memory people have. There is nothing novel about that. The current POTUS was an old PRO at it actually. He did his best trying to block blacks from the courts for example.

    Democrats including then Senator Obama and Biden blocked Janice Rogers Brown a black woman judge who was poised to be the first Black Woman on the Supreme court nearly two decades ago.

    Riddle me this why did then Senator Joe Biden block the first Black Woman’s nomination?

    “When Justice Sandra Day O’Connor announced her retirement, Brown was on Bush’s shortlist to replace her. She would have been the first Black woman ever nominated to serve as an associate justice of the Supreme Court. But Biden appeared on CBS’s “Face the Nation” to warn that if Bush nominated Brown, she would face a filibuster. “I can assure you that would be a very, very, very difficult fight and she probably would be filibustered,” Biden said. Asked by moderator John Roberts “Wasn’t she just confirmed?,” Biden replied that the Supreme Court is a “totally different ballgame” because “a circuit court judge is bound by stare decisis. They don’t get to make new law.”

    What Biden threatened was unprecedented. There has never been a successful filibuster of a nominee for associate justice in the history of the republic. Biden wanted to make a Black woman the first in history to have her nomination killed by filibuster. Bush eventually nominated Samuel A. Alito Jr.”

  132. 3b says:

    The mighty Hackensack River is raging this morning , concern about flooding it’s banks.

  133. Phoenix says:

    Sounds like somebody resisted getting their car jacked?

    It’s not the money. Have any of you tried to buy a car lately? It ain’t easy.

    Remember, this is Jersey, where when seconds count the police are only minutes away.

    You Tube Barisone Trial. It’s about wealthy New Jersey. It’s live on You Tube. An Olympian just trying to run a business. He is on trial now, just look at the comments. Talk about a guy who is getting a raw deal by the system.

    The first 4 trials had real time chatting. It was awesome. But the judge couldn’t handle the comments and shut it down. Entertaining while it lasted.

  134. Juice Box says:

    3b – Throw out a fishing line, plenty of big carp washing down river now from the dam, it’s about 2.5 ft above flood now.

    https://waterdata.usgs.gov/nwisweb/graph?agency_cd=USGS&site_no=01378500&parm_cd=00065&period=7

    https://waterdata.usgs.gov/nwisweb/graph?agency_cd=USGS&site_no=01377000&parm_cd=00065&period=7

  135. Phoenix says:

    Link. Previous days available.

    https://www.youtube.com/watch?v=Char1NpFANY

  136. 3b says:

    Juice: No Thanks , the mighty Hack is filthy!! Or it looks filthy, surprised no clean up over the years.

  137. Phoenix says:

    “Courts have held that a plaintiff does not have a constitutional right to have police investigate on their behalf, let alone do so to their satisfaction,” Superior Court Judge Louis Sceusi said, according to the Morris County outlet The Daily Record in November.

    Guess you aren’t going to get any help there if you need it.

  138. Phoenix says:

    3b

    Those fish will end up on the plate at a restaurant.

    You know, with prices rising and all. Places have been snagged for serving fake scallops and other seafood.

    The restaurants answer- “If they enjoyed the dinner what does it matter what we really served?”

  139. 3b says:

    Phoenix: Not a seafood fan, so no worries on the seafood .

  140. 3b says:

    Fast; That is one ugly castle!! But hurry , hurry!

  141. The Great Pumpkin says:

    As the labor market reorders, more Americans are making the leap from blue-collar jobs and hourly work to “new collar” roles that often involve tech skills and come with better pay and schedules.

    More than a tenth of Americans in low-paying roles in warehouses, manufacturing, hospitality and other hourly positions made such a switch during the past two years, according to new research from Oliver Wyman, a management consulting firm that surveyed 80,000 workers world-wide between August 2020 and March 2022. Many of the new jobs are in software and information technology, as well as tech-related roles in logistics, finance and healthcare. New data from the Current Population Survey and LinkedIn also suggest the pandemic has helped catapult more workers into more upwardly mobile careers.

    Tech job postings have boomed over the past two years as work, shopping and other aspects of daily life have gone more digital. At the same time, millions of Americans quit their jobs, with some sitting on the sidelines and others finding new ones with higher salaries. Companies have struggled to hire all the talent they need, so many have dropped prequalifications like prior work experience or a four-year college degree.

    Those pandemic shifts kicked in as broader macroeconomic forces were already creating new job-market opportunities and pressures. The percentage of retirees in the U.S. population has climbed sharply over the past decade and ticked even higher in the Covid-19 era, with millions of baby boomers leaving the workforce. Declining immigration has added to shortages, particularly in tech, healthcare and other fields that depend heavily on foreign-born employees. Thousands of businesses are in the thick of a digital revolution that is requiring them to fill new roles and adapt existing ones to integrate more data and automation.

    Altogether, these forces have led to a giant shock to the workforce. “I don’t think we’ve seen a talent transition of this magnitude, really, since the disruption of World War II,” said Ana Kreacic, chief operating officer of Oliver Wyman Forum, the consulting firm’s think tank, which conducted the research. Back then, the wartime economy created new opportunities, including for women, and the GI Bill funded the higher education of millions of returning soldiers and launched them into the middle class.

    Alexis Ayala, 27, enjoyed the hustle of retail sales in his job at a cellphone shop in San Francisco before the pandemic. He had immigrated from Mexico as a toddler and, like his parents, didn’t go to college. When Covid-19 broke out and dried up his commissions, he found work hawking cable-TV plans but yearned for more.

    He heard about a position at a software maker that came with the promise of on-the-job training. He didn’t have any tech experience but his friend, who already worked there, assured him that they were looking for people who could learn on the job.

    In January, Mr. Ayala started as a business development associate at Okta Inc., which provides tools that allow secure access to business applications. Once hired, he learned the technology behind the company’s identity-verification products, plus skills like making PowerPoint presentations. By next year, he hopes to be promoted to account executive and make six figures selling software to corporate clients, well beyond the $80,000 he made in his best year of retail sales.

    “I put myself on the other side,” Mr. Ayala said of the tech workers he used to sell to. “I’m one of those tech guys now.”

    Mr. Ayala said he relishes the trappings of corporate life at the office, including standing desks, an on-site gym and free snacks. Only a year ago, he was working out of his car, selling cable plans door to door and relying on gas stations and fast-food places for bathroom breaks. At home, where he lives with his parents and three of his younger siblings, he takes pride in showing off his bedroom-office setup for his remote work days. His siblings, he said, “see I’m doing great, and that’s important. I’m the oldest and I want to set a good example.”

    Okta said it removed college-degree requirements for a number of sales positions last year to cast a wider recruiting net. It also formed a new business development associate program that Mr. Ayala joined to bring in and develop such candidates.

    https://www.wsj.com/articles/tech-jobs-no-college-degree-necessary-11649371535?mod=hp_lead_pos5

  142. The Great Pumpkin says:

    That’s how f/ed the labor market is…keep lowering requirements. Not good for the long-term economy.

  143. The Great Pumpkin says:

    You catch that line, 3b? Corporations slowly filling their ranks with people that want to come into the office.

    “Mr. Ayala said he relishes the trappings of corporate life at the office, including standing desks, an on-site gym and free snacks. “

  144. Phoenix says:

    King Eddie.

    Has a nice ring to it.

    Buy it.

  145. Chicago says:

    Ten top ticked 272.8

  146. 3b says:

    King Edward of Reston!

  147. 3b says:

    Consumer Credit borrowing increased to 41 Billion in February vs the Fed expected i craze of 15 billion. The highest rate increase in 20 years. These numbers include all types of consumer credit with the exception of mortgages.

  148. Boomer Remover says:

    @ 10:44AM ….wow.

  149. Hold my beer says:

    Fast

    Does it come with a dungeon and orcs?

  150. BidenIsTheGOAT says:

    Lol. If I were 27 and living at home with my parents and the siblings I wouldn’t mind going to the office either.

    Btw, Okta is losing money. Lots. Just got compromised and are supposed to know security. Not sure I would gain a lot of confidence in the company after reading that. Down almost 50%. Better hope the cheap money lasts.

  151. 3b says:

    Biden: Go back to the office to goof off in the gym, while the productive people are getting the job done. Then after the gym, a well deserved Latte, and then plan for lunch, and good off more. Meanwhile, again the producers are producing.

  152. Bystander says:

    Hah Ed..that is the infamous Chris Mark Castle. I wonder how many bodies are in the dungeon. Creepy.

    https://www.chrismarkcastle.com/christopher-mark

  153. The Great Pumpkin says:

    WFH is going to crash the real estate market in NYC!!

    Imagine praying for a real estate crash for the majority of your life….go watch Frozen and just let it go…let it go…

    It’s okay, you got burnt, but time to move on.

    3b says:
    April 8, 2022 at 11:35 am
    Biden: Go back to the office to goof off in the gym, while the productive people are getting the job done. Then after the gym, a well deserved Latte, and then plan for lunch, and good off more. Meanwhile, again the producers are producing.

  154. Bystander says:

    Juice,

    Except she was never nominated to Supreme Court..at least be truthful. Biden can’t block something that never occurred.

  155. Boomer Remover says:

    Pumps has only two modes:

    (1) full on copy pastaing from his twitter feed, minus the quotes
    (2) paraphrasing from said twitter feed, trying to pass off as own thoughts

  156. chicagofinance says:

    Question to the board….. if you wanted to pick up euros before leaving New Jersey, what is the most cost effective place to go? Asking for a client.

    Also, best credit card to use in Europe. Obviously one with no transaction fee, but what about exchange rate?

  157. Ex says:

    Welp. Taxes are done. We went “up a tax bracket” this year. Golf clap.

  158. 3b says:

    Bystander: Some people deem themselves experts as they get their information from Twitter feeds, and watching reruns of the Office. All they need for them to be experts.

  159. Bystander says:

    3b

    Buffet is the Oracle of Omaha..we have the Orifice from Wayne.

  160. 3b says:

    Bystander: Indeed we do!

  161. Hold my beer says:

    I suspect we will see a repeat of Arab Spring or worse this year.

    https://www.yahoo.com/finance/news/food-prices-soar-record-levels-094243997.html

  162. 3b says:

    CNBC report stating upper income people are cutting back because of inflation as well, cars, eating, out, vacations etc. conceding as they make up 3/4 of consumer spending.

    I thought they were all wealthy, with bit coin, and deferred student loan payment money, and all that real estate equity. Just saying.

  163. The Great Pumpkin says:

    You have no life…lol. Seriously, you don’t.

    Why you so obsessed with me?!

    Boomer Remover says:
    April 8, 2022 at 1:29 pm
    Pumps has only two modes:

    (1) full on copy pastaing from his twitter feed, minus the quotes
    (2) paraphrasing from said twitter feed, trying to pass off as own thoughts

  164. The Great Pumpkin says:

    Boomer,

    Do you sit there and analyze my posts? Lmfao.

  165. The Great Pumpkin says:

    Better than spending my days like you awaiting the real estate crash that will never come.

    It’s going to be this year, guys!! You just wait. The young generation will have their chance at cheap housing!! You wait!! WFH says so!!

    3b says:
    April 8, 2022 at 1:59 pm
    Bystander: Some people deem themselves experts as they get their information from Twitter feeds, and watching reruns of the Office. All they need for them to be experts.

  166. The Great Pumpkin says:

    I can be a real dick too. It’s not difficult.

  167. PumpkinFace says:

    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.

  168. 3b says:

    Grant Thornton ( Tax Advisory firm) of 5000
    corporate American workers across the country disclosed the following:

    – 80 percent of workers said flexibility such as remote work is a priority.
    – 25 percent of the survey number up from 15 percent last year, said ideally they would never work on site.
    -Just 38 percent of those surveyed said they looked forward to returning to the office.

  169. BRT says:

    Boomer,

    I was once scanning fintwit and saw something written and was like “oh wow, someone actually agrees with him”…but then it was him…

  170. 3b says:

    Pumpkin face: Yes, over time that’s the way it’s going, regardless of what some think. And it is in many respects a quality of life improvement, for those young couples with children today, who both have to work to have any reasonable standard of living .
    .
    If it all goes to crap, then that’s where it goes, forcing people to come to an office is not going to change that. It’s common sense: at least for most of us

  171. crushednjmillenial says:

    US Refugee Admissions . . .

    Biden set this year’s fiscal year refugee cap at 125,000 refugees. Currently, six months of the fiscal year have already elapsed. 8,000 refugees have been admitted. Of the 8,000 admitted, 700 are from Ukraine.

    I know the Ukranian refugee process isn’t likely up-and-runnign yet, but I am surprised the Ukranian admissions aren’t higher. Seems like Poland is struggling against the wave of humanity, so I would have expected the US to have stepped in.

    I criticize Biden from the left on this issue. The US is made of people who left their homeland for something better. We are a shining light for millions that yearn to be free or yearn to be safe. I also criticize the MSM for this – they will never throw a short segment about a topic like this up on cable news; it’s been weeks since any news outlet has commented on refugee admissions (since Biden committed to allowing 100K Ukranians in, over an indeterminate time period).

  172. The Great Pumpkin says:

    You know, I need a break from this place. You guys are filled with hate.

    You know what’s funny? You guys sit here and belittle me and talk down to me when in terms of success in life, I passed you up. Let that sink in. Yea, the guy you mock is more successful than you…lmao. Hurts, doesn’t it?

    3b, i hope you get some help with your obsession with hating on real estate. A true renter, praying that all the people who made money on real estate lose it all. Really feel for you. Instead of getting it yourself, you want to pull others down to your level.

  173. The Great Pumpkin says:

    Just listen to yourself. You cry about teachers union, but then advocate for the worker over the business all day and night. Read your post below. You are a closet union guy.

    3b says:
    April 8, 2022 at 3:58 pm
    Pumpkin face: Yes, over time that’s the way it’s going, regardless of what some think. And it is in many respects a quality of life improvement, for those young couples with children today, who both have to work to have any reasonable standard of living .
    .
    If it all goes to crap, then that’s where it goes, forcing people to come to an office is not going to change that. It’s common sense: at least for most of us

  174. The Great Pumpkin says:

    BRT gets all his information from twitter and forums. He then mocks me for doing the same.

    Meanwhile, when have you had an original call like I did with housing almost 10 years out? Did i get that call off Twitter?

    BRT says:
    April 8, 2022 at 3:57 pm
    Boomer,

    I was once scanning fintwit and saw something written and was like “oh wow, someone actually agrees with him”…but then it was him…

  175. Phoenix says:

    – 80 percent of workers said flexibility such as remote work is a priority.
    – 25 percent of the survey number up from 15 percent last year, said ideally they would never work on site.
    -Just 38 percent of those surveyed said they looked forward to returning to the office.

    Americans have just decided they just don’t like other Americans and that it would be better to have less contact with them-plus they feel more comfortable taking swindling others they don’t actually have to look at while doing it.

  176. chicagofinance says:

    Toss a recession out there and see the hubris crumble. Of course we have seen a sea change, but a good number of these people better be self-starting value creators, or they will tuck their tail and go back to the office.

    3b says:
    April 8, 2022 at 3:53 pm
    Grant Thornton ( Tax Advisory firm) of 5000
    corporate American workers across the country disclosed the following:

    – 80 percent of workers said flexibility such as remote work is a priority.
    – 25 percent of the survey number up from 15 percent last year, said ideally they would never work on site.
    -Just 38 percent of those surveyed said they looked forward to returning to the office.

  177. 3b says:

    Phoenix: As for swindling , nah I have seen people throw other people under the bus right to their face, and steal other peoples ideas and claim them as their own.

    Then you have the people that BS all day, complain about all the work they have, and or make comments about people leaving early , who put in a full day. The producers don’t want to be around them.

  178. 3b says:

    Chgo: Valid point, speaking for my own circle I can say we are the value producers and appreciate what we have and will do what we need to so we can keep it. Producers produce whether home or in the office. Seen many times over the years people not producing and bs ing all day with other employees or bs ing on the phone .

    As for a recession I would argue it could be a real cost saving move for companies who are on the fence about remote/ hybrid to dump costly real estate.

  179. Jim says:

    The Great Pumpkin says:
    April 8, 2022 at 4:20 pm

    You know what’s funny? You guys sit here and belittle me and talk down to me when in terms of success in life, I passed you up. Let that sink in. Yea, the guy you mock is more successful than you…lmao. Hurts, doesn’t it?

    You know, I need a break from this place. You guys are filled with hate.

    Don’t let the door hit you on the way out, but I am glad to see you go. You only think you are successful. Likely you knew somebody to get your teaching job and your Grammy gave you a deal…. that is your idea of success??? Measured by the majority on this board you are on the lower end of the spectrum, maybe even THE bottom.

  180. The Great Pumpkin says:

    Whatever you say jimbo. Yes, others are responsible for my success. Lmfao. Keep making those excuses to make yourself feel better.

    How bout your success? Being born at the right time, right boomer? Let’s talk about that. People that didn’t even know how to speak english in your generation became successful. All you had to do was work hard as a boomer and you were successful. So let’s talk about that…

  181. The Great Pumpkin says:

    I bought 2 houses in the first 31 years of my life, at a time when most people my age were struggling to buy 1. By 31, I was pretty much almost finished paying my first house off already. I have destroyed the majority of my age cohort when it comes to making money.

  182. Jim says:

    I bought 2 houses in the first 31 years of my life, at a time when most people my age were struggling to buy 1. By 31, I was pretty much almost finished paying my first house off already. I have destroyed the majority of my age cohort when it comes to making money.

    I bought 16 houses and have sold 12, I had 10 by the time I was forty. ALL MY OWN MONEY….not Grammies. Your in the dust, and no doubt the bottom of the spectrum. Also put two kids through college, who have been extremely successful , you make me laugh with all your crying.

  183. The Great Pumpkin says:

    Jimbo, you bought cheap housing. Right place, right time. Wake the f up.

    My grams bought two houses with no husband (died of cancer) with 6 kids as an immigrant learning the language. Try doing that today.

  184. Fast Eddie says:

    All you had to do was work hard…

    Did you really say that? Lol.

  185. Jim says:

    The Great Pumpkin says:
    April 8, 2022 at 5:17 pm
    Whatever you say jimbo. Yes, others are responsible for my success. Lmfao. Keep making those excuses to make yourself feel better.

    How bout your success? Being born at the right time, right boomer? Let’s talk about that. People that didn’t even know how to speak english in your generation became successful. All you had to do was work hard as a boomer and you were successful. So let’s talk about that…

    I still probably work more hours now than you ever do, I worked 6-7 days a week , one year I worked 52 consecutive days… isn’t that what you get off in the summer?? The right time is now, best stock market ever and best real estate market ever… what did you do pushed ARK. Rocks have more brains than you. Poor Pumpy everybody picks on you. LOL

  186. The Great Pumpkin says:

    Yea, fast, working hard only gets you so far today. 1980 you could work at a factory and own a home.

  187. The Great Pumpkin says:

    Poor jimbo leaves out the part where his generation had it much easier than mine. Lmao…cocky fool. But then he will act like my grams handed me a house at 19….think whatever you want. If you were a cool dude, you would respect someone that worked hard and made some smart moves at a young age to get ahead. Too bad you are a miserable dude, trying to belittle a guy on a blog for having some success because you are jealous.

  188. The Great Pumpkin says:

    And I never start with anyone on here. You are the miserable f’ks that throw punches at me. Says a lot about you guys.

  189. Jim says:

    Jimbo, you bought cheap housing. Right place, right time. Wake the f up.

    My grams bought two houses with no husband (died of cancer) with 6 kids as an immigrant learning the language. Try doing that today.

    Everything is relevant, salaries where also much lower, The most $$$ i ever made in the stock market was last year. You are an effin IDIOT, and I am being nice.
    By the way my wife died of cancer @40 and I still put my kids through college. Must be nice to work part time as a teacher .

  190. The Great Pumpkin says:

    And mark my words…ark will dominate the indexes over the next 5 years. You don’t understand high growth investments and the volatility that comes with it. So run your victory laps right now, and I will be sure to run mine down the line when the race is actually over and I cash out.

    “what did you do pushed ARK. Rocks have more brains than you. Poor Pumpy everybody picks on you. LOL”

  191. The Great Pumpkin says:

    Yea, jimbo, keep telling yourself everything is relevant.

    And dumbass, you make fun of ark when you rode value stocks at the perfect time. Yes, the reason value stocks were so successful the past year was the same reason high growth got destroyed you asshole. Wake up. All the money from high growth flowed into value. It won’t last.

  192. The Great Pumpkin says:

    The minute rates reverse…high growth are going to be the only stocks producing yield in a stagflation or deflationary environment.

  193. Jim says:

    Too bad you are a miserable dude, trying to belittle a guy on a blog for having some success because you are jealous.

    LOL, Where is your success, you knew somebody to get your job, and Grammy gift wrapped a house for you.
    You would never survived during 70 and 80s, You were a snowflake getting free participation trophies. Real life would have eaten you up, ever pay 16% interest on a property? That is what I dealt with. Interest rates were not 3.5 % . Life is much easier now, for the public worker. Most teachers had two jobs back then, now you sit by the pool all summer.

  194. Ex says:

    F-ck it! I’m thinking get a CDL and do short haul trucking.
    I hear WalMart is hiring.

  195. Ex says:

    It’s really boring being the lonesome “successful” guy all alone at the end of the bar trying his level best to impress the waitress half his age.

    All the while she’s banging some dude making min wage.
    It ain’t about the money.

  196. Jim says:

    The Great Pumpkin says:
    April 8, 2022 at 5:42 pm
    And I never start with anyone on here. You are the miserable f’ks that throw punches at me. Says a lot about you guys.

    Said the troll, stir the pot. You ALWAYS start trouble. Yet you teach , rather ironic.

  197. SmallGovConservative says:

    PumpkinFace says:
    April 8, 2022 at 3:29 pm
    “… 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…”

    Interesting point to ponder. Perhaps we’ll ‘evolve’ to the point where evens wars are conducted virtually. You’ll get notified if you’ve been ‘killed’ and be asked to report immediately for termination — very civilized. Funny to think that Star Trek anticipated ‘going remote’ in 1967…

    https://en.wikipedia.org/wiki/A_Taste_of_Armageddon

  198. BRT says:

    lol, I didn’t mock you for being on twitter, I mocked you because I saw some random comment that sounded exactly like you…and it turned out to actually be you

  199. The Great Pumpkin says:

    So which is it? I copy my thoughts from twitter or I have an original thought process? Not a question for you, but for boomer remover?

    BRT says:
    April 8, 2022 at 7:21 pm
    lol, I didn’t mock you for being on twitter, I mocked you because I saw some random comment that sounded exactly like you…and it turned out to actually be you

  200. Ex says:

    Real Estate (not Jersey)

    https://robbreport.com/shelter/homes-for-sale/14-5-million-malibu-estate-ballroom-recording-studio-1234673260/

    It’s the grand finale for noted violinist Albert Stern and his famed Malibu home, as he recently listed it for $14.5 million. Stern, who went to Juilliard and has made his name as a soloist, teacher and inventor, has lived in the home since 1976.

    This $14.5 Million Malibu Estate Has a Recording Studio Used by Everyone From John Mayer to Lil Jon

    The 30333 Morning View Drive estate was originally built in 1953 and has remained well-kept over the last several decades, thanks in part to several additions made by Stern and his family. The 5.4-acre property is anchored by a 12,340-square-foot main residence with eight bedrooms and nine bathrooms, as well as two detached studios for staff or guests. The setting is ideal too: Malibu is known for its ultra-famous residents, and Malibu Park is perfect for those seeking a quiet respite. The bluff-side neighborhood enclave sits right atop the area’s iconic Zuma Beach, is known as the equestrian capital of Malibu and is home to celebrities like Lady Gaga.

  201. Hold my beer says:

    Jim and Pumps on a road trip

    https://m.youtube.com/watch?v=Wnp4OeVSgkE

  202. The Great Pumpkin says:

    “I know some large companies who hate WFH because the office space rented out by their parent company are left unused, AND that it’s harder to control employees when they’re not in an office (note: I’m not American)”

    “Large financial piece to this. Without assets to use as collateral they have to put their own funds up. The tax incentive shifts, cost of equity is higher than cost of debt. Id get into greater detail but its too much for a tweet.”

  203. The Great Pumpkin says:

    Never thought about this angle. It’s like mcds…what’s the most valuable thing about them…their real estate.

    3b, Im sorry, the worker has no shot at this.

  204. The Great Pumpkin says:

    This labor market is unsustainable and that’s the only time workers tell the boss what to do.

  205. Yo! says:

    Where have all the haters gone?

    I was checking out all those housing bubble links and their are either dead or nobody has posted in a decade.

    Seems like renters not so angry this time around. Maybe a generational difference, Millennials more chilled out than whiny Gen X.

  206. The Great Pumpkin says:

    Exactly what I said yesterday to jimbo. Run your victory lap with ark in middle of the marathon. I will run mine when the race is actually over.

    Summary

    -We believe the end-of-growth narrative is plain wrong.
    -Many market participants are worried about another dot.com-style crash or mortgage-backed securities crisis.
    -In the growth sector, that happened already! Stock prices are, as usual, running ahead of the news cycle.
    -We think right now is a great time to be brave, and if you have the courage to face down everyone who tells you you’re wrong? Consider buying Ark Innovation ETF or Ark Next Generation Internet ETF.

    “Buy The Stomped-On Poster Child
    In this context we believe that the two core Ark technology funds, Ark Innovation ETF (NYSEARCA:ARKK) and Ark Next Generation Internet ETF (NYSEARCA:ARKW) offer compelling buying opportunities at present. Much of the Internet and most all your friends and family will likely laugh at you for repeating this idea in polite society. The absolute epitome of Robinhood exuberance during peak COVID crisis, the classically-trained fund manager that runs Ark Invest, Cathie Wood, has taken brickbats aplenty of late. As well she might, since the fund performance has been atrocious in recent months. Here’s how it has performed vs. the big three index ETF picks in the last twelve months.”

    “Ark Invest could in our view use an upgrade in its marketing. Having 25-year-olds make YouTube videos about disruptive innovation might have been a good way to attract inflows from other 25 year olds who make YouTube videos, but the messaging sits ill with us and probably other grownups. But if you look at the top holdings in these funds, they aren’t banzai startups run by kids with weird hair. They’re pukka companies run by old people like ourselves. Musk, Dorsey et al – hardly spring chickens, and they don’t need to be marketed as such. We never watch an Ark video or read their research, because in our view it isn’t very good.

    But what we do take notice of is what Cathie Wood says. Because she’s a classically trained fund manager and a good one at that. And she has been saying the same thing over and over about inflation. Which is to say that she has been saying that the current bout of inflation is just as transitory as Jerome Powell once insisted it was. And you know what? We agree. Each of the companies that ARKK or ARKW champion are cost-curve leaders, deflationary forces in their industry.

    At Cestrian our professional investing careers have been spent investing in deflationary technology companies. The S&P 500 is spearheaded by deflationary technology companies. The “deflation” theme isn’t wacky doublespeak, it’s most certainly a thing and it’s a persistent thing. That gas prices are a little out of whack right now, that food is crazy expensive this week, that’s not the deflation of which Ark speaks. Disrupting banks, telcos, auto manufacturers, that’s the deflation they mean.

    All taken together we believe that each of ARKK and ARKW are compelling stocks to buy right now and to hold for some years. Our chart take on each is similar – again, we lean toward ARKW ourselves due to the Bitcoin exposure, but against that, ARKK is much more liquid and for investors wanting larger positions, it is probably at least as good a pick.”

    https://seekingalpha.com/article/4500528-how-to-buy-ark-technology-etfs-and-retain-your-self-respect

  207. The Great Pumpkin says:

    Why is inflation higher in the U.S. than in other countries?

    Government spending to counteract the pandemic explains about three percentage points of the recent rise in inflation. “However, without these spending measures, the economy might have tipped into outright deflation and slower economic growth, the consequences of which would have been harder to manage.” (Federal Reserve Bank of San Francisco)

  208. truesue says:

    Anyone watch the Mets game last nite Lindor took a pitch to the head …and it turned his hair blue …..never saw that

  209. Juice Box says:

    Hey Sleepy Joe Boris Johnson is in Kyiv…

  210. RentL0rd says:

    Good for DC area. More, hardworking migrant workers.

    Do I have to say Abbot is a moron?

  211. The Great Pumpkin says:

    As Climate Fears Mount, Some Are Relocating Within the US
    A small but growing number of Americans are moving to New England or the Appalachian Mountains, which are seen as safe havens from climate change.

    https://apple.news/AAiJvydgiRUy2FP2uwcFI_A

  212. Juice Box says:

    UK Goes For The kill. Boris says he plans to give Ukraine harpoon anti-ship missiles to end the naval blockade.

  213. leftwing says:

    What is happening is there is an increased number of people coming across the border. They, the federal government, are processing them and letting them loose…people are getting on buses and going to San Antonio, or Houston, or other places like that. So I think they just need longer bus rides.

    LOL. Priceless.

  214. Phoenix says:

    First-graders in New Jersey will be learning about gender identity with new sex education curriculum which includes a lesson that teaches children that they can have ‘boy parts’ but ‘feel like’ a girl.

    The new lessons, which are part of a broader, K-12 health and sex education curriculum adopted by the New Jersey Board of Education, are alarming some parents.

    One of the 30-minute lesson plans, called ‘Pink, Blue and Purple,’ teaches the students to define ‘gender, gender identity and gender role stereotypes,’ Fox News reported.

    Another lesson plan, this one for second-graders called ‘Understanding Our Bodies,’ tells teachers to instruct students that ‘being a boy or a girl doesn’t have to mean you have those parts, there are some body parts that mostly just girls have and some parts that mostly just boys have.’

    ‘Most people have a vulva and a vag ina or a pen is and test icles, but some people’s bodies can be different,’ the plan states. ‘Your body is exactly what is right for you.’

    The new state sex education guidelines, which go into effect in September, were handed out to parents at the Westfield Board of Education meeting in February, and included instructions for teachers to tell students that their gender identity is up to them.

  215. Hold my beer says:

    Phoenix

    And the parents and officials who support that policy wonder why politicians like trump and desantis are popular

  216. Juice Box says:

    After the new body parts lessons there will be a test on the 78 gender pronouns.

  217. Fast Eddie says:

    First-graders in New Jersey will be learning about gender identity with new sex education curriculum which includes a lesson that teaches children that they can have ‘boy parts’ but ‘feel like’ a girl.

    And anyone who endorses this is a pedoph1le and a pervert.

  218. Ex says:

    Man alive. Feel so good today.

  219. BRT says:

    Teaching kids anything on that topic prior to 5th grade is beyond their reasoning abilities and will create nothing but confusion, which is likely the goal of whatever morons think this up. Reading, Writing, Math….it’s not that hard. If a teacher feels comfortable teaching this stuff at that age, I question their sanity.

  220. The Great Pumpkin says:

    I agree with BRT…fundamentals

  221. Chicago says:

    Nothing has happened yet. Basically we are at the stage where you are in the subway and you’ve had your wallet lifted, but you have no idea yet. You are not upset because you are still in ignorant bliss.

    Yo! says:
    April 9, 2022 at 12:38 am
    Where have all the haters gone?

    I was checking out all those housing bubble links and their are either dead or nobody has posted in a decade.

    Seems like renters not so angry this time around. Maybe a generational difference, Millennials more chilled out than whiny Gen X

  222. Juice Box says:

    re: Where have all the haters gone?

    They are dead, so say a prayer. Don’t fight the fed.

    https://fred.stlouisfed.org/series/WSHOMCB

  223. Hold my beer says:

    Shanghai is a mess. Whole city is in lockdown and people are running out of food and medicine. Going to get even uglier I bet. And they still had over 20,000 new cases on Friday with their hard lockdown.

    https://www.news.com.au/finance/economy/world-economy/riots-break-out-in-shanghai-as-starving-residents-revolt-against-zero-covid-lockdown/news-story/43acf577aae15327d920fc823d4137db

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