From Reuters:
U.S. existing home sales fall for 10th straight month in November
U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates.
Existing home sales plunged 7.7% to a seasonally adjusted annual rate of 4.09 million units last month, the lowest level since May 2020, the National Association of Realtors said on Wednesday. Outside the plunge during the first wave of the COVID-19 pandemic in the spring of 2020, this was the lowest level since November 2010.
Sales have now declined for 10 straight months, the longest such stretch since 1999. They dropped in all four regions in November. Economists polled by Reuters had forecast home sales would drop to a rate of 4.20 million units.
House resales, which account for a big chunk of U.S. home sales, tumbled 35.4% on a year-on-year basis in November.
The Federal Reserve’s fastest interest rate-hiking cycle since the 1980s has had the most impact on housing. The U.S. central bank is seeking to slow unacceptably high inflation by bringing down demand for everything from housing to labor.
Reports this week showed confidence among homebuilders dropping for a record 12th straight month in December, while single-family homebuilding and permits tumbled to a 2-1/2-year low in November.
…
The median existing house price increased 3.5% from a year earlier to $370,700 in November. It was still the highest house price for any November and prices remain about 37% above their pre-pandemic level.
There were 1.14 million previously owned homes on the market, up 2.7% from a year ago. At November’s sales pace, it would take 3.3 months to exhaust the current inventory of existing homes, up from 2.1 months a year ago. A four-to-seven-month supply is viewed as a healthy balance between supply and demand.
second
first
Turd.
Phoenix,
I’m seriously not an EV fan, so until I can get one in the 20s. Fuhgeddaboudit. I’m not saying it might not be right for others.
Here are my concerns:
1) If you are doing it for the Earth, then you are virtue signaling at best, here in America, where 65% of our power is still generated by fossil fuels.
2) I really, really, really think our grid will not be able to handle the demand all of these electric cars will place on it deeming EVs practically useless for a number of years.
3) Sorry, but I’m not sitting at a charger for 45 minutes on a trip over 4 hours.
4) Range envy is one thing I care not to worry about. Did I mention that it’s cold around here.
5) Tesla’s reliability is doodoo. Though there are significantly less moving parts (translating to less wear and tear) in an EV, so far, the engineers at Tesla can’t even match the reliability of a gas guzzling FIAT. For the mid 40s, you can get a GT model of nearly any Japanese car with all of the bells and whistles and none of the recalls.
6) Tesla tires absolute render your car useless in the snow.
7) Gas is going to get cheaper as everyone switches over to EV.
8) It’s the least of my concerns, but to pay nearly 50K for that UGLY of a car, is beyond me.
9) I think Elon Musk is a bigger asshole than Trump.
YMMV!
Fabulous fourth
I’m mulling over an important decision. Do I get thin crust pizza for lunch made by a Brooklyn expat or go to a real Japanese place (most Japanese restaurants are run by Chinese or Koreans) and get the sashimi lunch special.
Republican congressman-elect George Santos is facing two further scandals after an earlier controversy involving his professional career and education.
Santos, 34, stated during his congressional campaign that he was ‘openly gay’ and married, he did not disclose that he was married to a woman until 2019.
It’s also alleged that Santos lied about his family history after previously stating that his maternal grandparents were Jewish and escaped the Holocaust.
Genealogists say that there’s no evidence that Santos’ family was impacted by the horrors of World War II having lived in Brazil for four generations.
Lib
What do you think of hybrids? I’m thinking of getting a hybrid suv. Not a plug in. Gas ones that create their own electricity. Leaning towards a Hyundai Tucson or Kia Sportage. They are roomier than the Toyota RAV4, have 100k mile warranty on the power train and battery, and are cheaper than the Honda CRV. I mostly drive around town so a car that gets 38 MPG in city and has a 600 mile range which would be great for occasional long weekend trip would work for me. I too don’t trust EVs. Grid can’t handle it and they are 50k plus.
A fully loaded Tucson goes for 38k plus tax. Using 250 gallons of gas a year at $4 a gallon for a decade is still cheaper than the purchase price of any non subcompact EV alone.
Totally in support of Hybrids. Just don’t overpay for it. I know people who spent nearly 40K on a USED Highlander like 7 years ago.
The PRIUS may be butt ugly, but it’s reliable, cheap and last forever. Just don’t crash it.
The RAV4 is a great car. I’m sure their Hybrids are excellent. I love Hyundai and Kia for the warranty and decent reliability, but their cars still feel cheap to me and their dealers are complete ghetto.
I’d rather see a discussion here on housing, the economy and investments but leftists keep hijacking the forum and forever raise more questions.
Why do liberals delight in various types of pathological dependency? Why do liberals harbor primitive feelings of envy and inferiority? Why do they continually have paranoid perceptions of victimization? Why can’t they admit what they really want instead of running from it? Why do liberals seek to satisfy childish claims to entitlement and compensation? Why is a liberal’s world filled with sorrow, mistrust, disdain, anger and resentment?
You’d rather, but instead you’re going to write that screed?
Stupidity should be painful.
What’s the impact of 1.7 trillion spending bill on the Feds inflation fighting battle. Seems they are working against each other.
The agony of the liberal mind is fascinating. When I see narrow-minded simplicity over and over, I need to restrain myself and realize that leftists, liberals, modern day democrats or whatever they’re calling themselves today simply don’t know what they don’t know.
Narrow minded simplicity? Coming from the guy who thinks flying a flag at a car race makes you patriotic.
They’ve become the thought and mind police Eddie. Worried about whatever everyone else is doing, thinking, and saying and trying to control it. Freedom of speech is “dangerous”.
They tried to go all 1983 on us with mass government coordinated censorship and got caught. They hate musk for it.
Libturd says:
December 23, 2022 at 9:03 am
The PRIUS may be butt ugly, but it’s reliable, cheap and last forever. Just don’t crash it.
Prius, has been completely redesigned, plan on getting one for my wife , who only likes and drives small vehicles. She is only 5’2″ foot tall, I am 6’4″ ( although probably lost an inch with age) so I won’t be driving it.
https://www.toyota.com/prius/
AWD 50 mpg, starting @ $35,000 but will top out closer to $40,000 not including tax.
Wow Jim.
That Prius is 10X more attractive than the TESLA. Looks like a relative no-brainer. I still see a lot of the original ones on the road. Like old Honda Civics, they seem to run forever. My niece bought one for her college years used. She sold it 4 years later for nearly as much as she paid for it.
BananaJoe,
Musk was the darling of the left… until he wasn’t. More evidence of the bipolar nature of liberal neuroses.
Funny thing about Musk. He joined the dark side and is losing money hand over foot. I always hated that loudmouth. You can keep him. If you weren’t paying attention. He’s banning lots of groups on Twitter. So much for free speech. Like Trump, he speaks loudly and carries no stick whatsoever.
https://time.com/6229960/twitter-bans-accounts-elon-musk-impersonators/
He’s all yours. Free speech is fine, as long as it’s not about him.
He banned journalists who criticized him too.
Some champion of free speech.
Again. A perfect fit for your party.
That says they were banned for impersonating. Nothing to do with speech. And those “journalists” lol. Sure.
We know the left is undermining freedom of speech. Look at the schools and kids. They are being told “dangerous”. Yeah, dangerous to the lefts narrative.
Anyway, I don’t think he cares about money. He’s got plenty. He cares about legacy.
Musk also voted for Obama twice. You know way back when before TDS and the radicals takeover of the left. They allowed dissent at one time.
Libturd says:
December 23, 2022 at 10:32 am
“Funny thing about Musk. He joined the dark side and is losing money hand over foot. I always hated that loudmouth. You can keep him…”
As I’ve noted, pre-Musk Twitter was literally nothing more than a Republican/conservative censorship operation. Musk has exposed that and made it much freer, more balanced platform. Reps/conservatives appreciate him for making that change — nothing more, nothing less.
That’s a far different response than the liberal stooges on CNN/MSNBC, as well as those here, who fell in love with that despicable sleaze Michael Avenatti when you all felt he served your purpose. Again, I suspect that Lib knows that all of this is true, and is being deliberately dishonest — very disappointing.
“The polite young customer service agent at the Dish Network call center in Queens could speak English and Portuguese, so when Brazilian immigrants had trouble with their billing or their satellite dish, their calls would be routed his way.
It was around 2012, and the man was George Santos, a son of Brazilian immigrants who, more than a decade later, would win a crucial election to Congress.
But on the campaign trail, Mr. Santos told a different story about his life: that around the same time that Dish Network records show he was working there, he was rising through the ranks at Citigroup in the first step of an extensive and lucrative Wall Street career that also included a stint at Goldman Sachs.
Neither Citigroup nor Goldman Sachs could locate any record of Mr. Santos’s employment, The New York Times reported on Monday. The Times’s findings — which include a criminal charge in Brazil and potential omissions or misrepresentations in his financial disclosure — raise questions about the life and dealings of the new Republican congressman.“
Lib – Teslas are great in the snow. Better than most cars actually, especially ones with 487 ft lbs of torque, better than really most gas powered sports cars if not all. You can control the traction settings, easy to do here is a video using all season tires in the snow. A quick video of an owner doing it in the snow, not something made by Tesla.
https://www.youtube.com/watch?app=desktop&v=9On7lnUg1R8
BTW on long distance travel a Model 3 now has a 315 mile range. You can drive it five hours and spend 15 minutes to charge it up 200 additional miles at a supercharging station about the time needed to fill car gas tank. Who plans on driving more than 500 miles in one day? Well those cars are coming too..
BTW your hatred for the unfathomably wealthy yeah we get it you don’t like rich people who change the world even though some do some great things. How about helping Ukraine who was cutoff from communicating with their own people and with the world? How about making space launches affordable? His launches only cost $50 million for a reused falcon 9, they are doing like three launches a week now, and have plenty of paying customers. Look what he has done for NASA they no longer need to rely on Russia to continue supplying and sending astronauts to space and servicing the space station. It cost way way less than what NASA was charging to launch a shuttle. His latest rocket will get people to the moon in three years for sure and perhaps even Mars in our lifetimes, although a five year space round trip does not sound like many people will be able to hack it.
I don’t agree with his purchase of Twitter. I think it’s a distraction and he is going to pull back when he steps down as CEO. There are better things to do than slap around the woke folks who want us all to adopt their stupidity because it hurts their feelings when we don’t use their made up gender pronouns or whatever nonsense they make up that day. I love the fact he slapped around California and sold all his homes and moved to Texas.
Elon might lose his entire investment, but guess what he can do it five more times and still never go broke and that is even before an IPO of Space X. Their satellite internet service now has a million paying customers. It could be 100 million or more in a few short years.
BTW he has a $25,000 car design in his pocket, he is making money now but when Ford and Chevy etc eventually ramp up production to match his 1.3 million electric cars a year he can and will cut the price allot. He has also made auto production way more efficient with Robots and casting 1/2 the car in one shot. Eventually it may even be a single cast for the car using a giant casting machine fully automated, make full-size cars in the same way that toy cars are made and ramp production to incredible numbers. They are making 3,000 car a week in Texas now for just one model Y.
None of the big auto makers have even tried….they are all still catching up with battery and car manufacturing tech. Some may never catch up. In 10 years there will be no gas powered cars sold in Europe and possibly here too. We might be forced to retire gas cars. As for the grid it’s nothing a few trillion in government spending cannot fix.
BTW as far a space. Houston we have a problem. Soyuz capsule docked sprung a leak, no way home now for 2 Russian and 1 American astronaut. Russia says they will launch an empty Soyuz to the station. We shall see if they even can do it anytime soon.
It is not beyond Elon’s and Space X reach to quickly launch another dragon capsule to rescue them, they have three crew dragon spares even with the two ships they have docked at the ISS now.
https://www.nasa.gov/feature/visiting-vehicle-launches-arrivals-and-departures
You know what’s reeeeeally hard to fix????
S t u p I d
You don’t have to be special to win an election.
Joe Biden plagiarized in law school. When he was elected to the senate in DE he got just over 100k votes. A small sized city today. Parlayed that into a presidency by pandering to lobbyists and interests. Not everyone who gets into office is a high caliber person.
PA just elected someone to the senate who can’t conduct a coherent conversation.
Ex says:
December 23, 2022 at 11:40 am
You know what’s reeeeeally hard to fix????
S t u p I d
We know that X , so just go smoke another joint, we all understand stupidity.
TBH the choices in PA weren’t really great anyway.
Surprised they didn’t have a third party with Vince the Slap Chop guy.
“PA just elected someone to the senate who can’t conduct a coherent conversation.”
“They tried to go all 1983 on us with mass government coordinated censorship ”
Who was president then?
No One says:
December 20, 2022 at 11:58 am
“SGC, What kind of weird guys go to NYC office cafeterias wearing sandals?”
Software developers, especially those that I assume are used to always/mostly wearing sandals in their country of origin. Although with my firm being all-in on D&I, it’s no longer unusual to see nose/lip piercings, spiked/blue hair, outfits that include chains (among guys), so I wouldn’t be surprised if sandal-wearing has spread to other parts of the org.
Fab – As if it was not occurring before and after Trump??? Do you find it weird that the FBI was paying social media?
I have met with the FBI face to face with agents, they normally do not give specific threat info about bad actors out there. I have also worked with ex-FBI they do maintain ties to the org once they are out and working for big business or otherwise.
I find it crazy they were asking that certain people be censored or blocked, especially if they are Americans and not somebody from China or Russia or Iran. Even more so when there is no active criminal investigation against a person. It was wrong no matter how anyone slices it. We are not China and should not be going down that path of censorship of speech even political speech few people agree with.
“Vince the Slap Chop guy.”
You’ll love my nuts. He would have been the best choice of the three.
The gas company is asking people to lower thermostats to 68, don’t use major appliances, and take short showers, and turn off lights and turn no lights electric devices not in use since most electricity is created by natural gas plants. Good luck with upgrading the grid to handle an all ev fleet.
Let’s see where Musk ends up. I never doubted his intelligence until his S&L performance. Then I realized he was really a schmuck.
I simply think his mouth is going to do him in. I have nothing against ultra-rich guys either. It’s the one’s who siphon my tax dollars into their savings accounts that bother the crap outta me.
re: “wearing sandals in their country of origin”
Be careful now in some parts leather shoes is considered royalty and if you are caught wearing them you well get beaten. An ex-coworker told me a story of when he went home to visit his mother he wore jeans a gold chain and american leather shoes not particularly nice ones either. The locals did not appreciate it so he quickly switched back to sandals and took the chain off.
The sandals also reminds me that I am a plastic paddy and when I go home every few years don’t flash the new iPhone or rent too nice of a car. When I was in my 20s after a few drinks my cousins usually told me of how they really felt about plastic paddy, a few even wanted to beat me with sticks….
Must be the same for the Poles on this board. Heck the Albanian guy might get tarred and feathered if he drove too nice of a rental car.
Beer- re: “The gas company is asking”
And do you think the red blooded Texans will listen?
The 30-year seems to have resumed it’s long slog up the mountain. This won’t be good for housing in the spring.
Jim, it’s a whiskey day asshole.
Turn it up you pansy ass motherfuckers:
https://youtu.be/Qmdx2V7JJnM
Hughesrep says:
December 12, 2022 at 3:55 pm
“Re theft in stores. When I ran Lowes stores only 10% of all losses were straight theft. Probably true today as well, no matter what Blanche the cashier says…Is that this weeks talking point? ”
I see the Dem stooges here have a new friend. It’s easy to figure why some of these guys are Dems — Ex the burnout house-househusband who follows his wife around, Bi the whiner, Flab the ‘liberal’ Euro anti-semite — but it’s harder to determine why Huey is a Biden apologist. In any case, and despite Huey’s attempt to deflect, rising crime is just one of many of the real problems caused by Joe and the Dems…
https://www.wsj.com/articles/shoplifting-stores-problem-11671737792?mod=markets_major_pos1
Juice: I have met a few of those in Ireland, fortunately not too many. Some of it may go back to years ago, when visiting relatives , and they did not have all that much and you had to give most of your clothes from America to relatives, and then all the packages sent over during the years too. I believe that created resentment. As for now , they have just as good as we do, if not better. And the women dress far better than most women over here according to my wife. The Irish too are big begrudgers too. They hate to see their own do well, whether they are born there, or the so called plastic paddies. The Irish are known for their begrudgery. I have witnessed it myself, with a cousin of mine born there but lives here now, who is incredibly successful. My wife’s cousin who is a clinical psychologist over there believes it goes back to the British colonial period.
As for the Polish , I have a good friend of mine whose parents are Polish born and who has spent a lot of time there, says no , if you are of Polish ancestry, you are Polish does not matter where you were born. He says it has to do with Poland disappearing from the map of Europe for 150 years. He says like the Irish the Poles are big begrudgers they hate to see their own do well, whether they live in Poland the USA, or anywhere else
12:58 mmmmmm yeah baby
Iffn you knew her though. She’s a freakin goddess.
I’ve spent my adult life in the house. Noooo regrets.
Juice
Highly unlikely they will. So I’m getting me a large cheese pizza to go. Can eat it for dinner tonight and lunch tomorrow if we lose power.
Cassidy Hutchinson says she initially lied to the January 6 committee about a claim that Trump grabbed the steering wheel of his SUV and lunged at a Secret Service agent:
https://www.yahoo.com/news/cassidy-hutchinson-says-she-initially-184647886.html
I guess she didn’t parlay this adventure into a Kardashian-type endeavor? 15 minutes of fame wasn’t quite 15 minutes? I suppose she can cry in her drink with Christine Blasey Ford.
https://ycharts.com/indicators/10_2_year_treasury_yield_spread#:~:text=10%2D2%20Year%20Treasury%20Yield%20Spread%20is%20at%20%2D0.57%25,long%20term%20average%20of%200.91%25.
Go ahead. Click on 5-years in the chart.
SGC
You seem jealous of ex. He’s basically living the life of a sit com character. Average guy with an attractive and successful wife.
The Great Pumpkin says:
December 19, 2022 at 6:00 pm
“Florida real estate is eventually going to get killed. It was driven up by a massive wave of boomers…”
Like I said, though Florida’s boom-bust history would indicate that you should never rule out another major correction, the statistics seem to back the thinking that Florida’s future is now much more likely to be like that of Texas — a state that continues to siphon high achievers from blue states because it welcomes and respects human and financial capital.
Florida Fastest-Growing State for First Time Since 1957 — https://www.census.gov/library/stories/2022/12/florida-fastest-growing-state.html
1:20 ding ding ding…seriously, who among you wouldn’t!?!
Speaking of shoplifting I have to run out and get four more gifts and some booze for the weekend.
I always enjoy the jockeying for parking spaces that some times erupt into fights and the look of bewilderment in peoples faces in the stores this time of year as Andy Williams blasts “most wonderful time of the year” over the speakers…
Last year that 1963 classic was top six in the charts. Perhaps it will be top 10 again this year.
https://www.billboard.com/charts/hot-100/2022-01-01/
I am heading out soon. Hopefully I won’t hear it played 10 times or more. I have a theory it was the reason why that woman went into an armed psychotic rage at Walmart did the other day….Fun times…
Listen here: https://youtu.be/bjFRLOktHXo
So you’ve never actually worked in FL I see.
“…high achievers from blue states because it welcomes and respects human and financial capital.”
Hold my beer says:
December 23, 2022 at 1:20 pm
“You seem jealous of ex…Average guy with an attractive and successful wife.”
Not at all, I respect long-term, happily-married couples — and hope for many more happy years for Ex and his wife. I just recognize Ex as a stereotypical Dem male. As the Dem party moves farther and farther to the left, and becomes much more ‘feminized’ — as proven by voting statistics — it’s betas like Ex that often determine whether Dem candidates win or lose.
1:44 This beta would take you out fast.
Seriously I’m a Jew that grew up in the coal fields of Kentucky.
I spent a dozen years in Corp sales. I’ve gone through 2 IPOs.
Gotten more gorgeous tail than you’ve had hot meals. I
Ride a motorcycle like I’m Steve McQueen and I drive like Paul Newman.
I’m about 6’1″ and 230lbs. I played 7 years of ice Hockney and 3 seasons of club side rugby for WKU… shall I keep going….?!?
“because it welcomes and respects human and financial capital.”
But not human rights, like gay marriage or abortion. Some people care about their neighbors. Others shoot them.
Mentioning shooting, you are three times more likely to die from a firearm in those freedom loving red states. And I always thought the blue cities had a gun problem. Hmmmmm?
For Christmas I choose violence if I hear this song sung by this artist..
Hint I would rather hear Yoko solo this one…..
https://www.youtube.com/watch?v=TIO7rOvC1aM
https://www.cdc.gov/nchs/pressroom/sosmap/firearm_mortality/firearm.htm
Check NJ/NY/CA vs. Florida and Texas
Raise your guns in the air!
I read the original comment as they meant to type 1984 and was either a typo or wrong as to the correct year.
Fabius Maximus says:
December 23, 2022 at 11:52 am
“They tried to go all 1983 on us with mass government coordinated censorship ”
Who was president then?
“I was hiring a junior software developer (~5 years experience) in the early second half of this year in New Jersey… (around $125-140K + bonus) had maybe 4 real people apply…”
Isn’t that a little light, especially for the NYC metro area? Kids with less experience in low CoL areas and not at the major employers (GOOG, AMZN, etc) are through that now…three years ago (maybe a different market) kids fresh out of college were getting that from the majors in NYC…
“You wonks on the right don’t realize how stupid you sound when you claim he only bought favor from the left. He also gave millions to dark money campaigns on the right, where of course, donors are not listed.”
Hmmmmm….
So the congenital liar who is the perpetrator of one of the largest financial frauds in history claims, in a self serving statement and only after he’s caught, that he sent money to some people but there is no proof of it. And you believe him.
Want to take another stab at the address gullibility resides?
I bet he was also that anonymous donor for many of the largest charities out there. Oh, and I forgot, I’m not all so rightward leaning, I did drop $2m to Joe…through a dark pool though, so no record, ya know….
Ex says:
December 23, 2022 at 1:50 pm
“This beta would take you out fast.” — Now, now…That doesn’t exactly embody the holiday spirit!
“Seriously I’m a Jew that grew up in the coal fields of Kentucky” — Interesting. Are you a Hatfield or a McCoy?
“I spent a dozen years in Corp sales. I’ve gone through 2 IPOs.” — Not interesting
“Gotten more gorgeous tail than you’ve had hot meals” — Doubtful, but who knows
“Ride a motorcycle like I’m Steve McQueen and I drive like Paul Newman” — But can you drive a car like McQueen in Bullitt? If so, kudos.
“I’m about 6’1″ and 230lbs” — Borderline obese as per https://www.nhlbi.nih.gov/health/educational/lose_wt/BMI/bmicalc.htm
Ex says:
December 23, 2022 at 12:42 pm
Jim, it’s a whiskey day asshole.
I’m about 6’1″ and 230lbs. I played 7 years of ice Hockney and 3 seasons of club side rugby for WKU… shall I keep going….?!?
And my mommy( wife) pays all the bills. I smoke pot till I drop.
Your a loser EX you wouldn’t last a day without your Mommy. I wont stoop to your name calling … just putting the truth out there for you.
Come on Leftwing.
You would have had to be a complete moron to funnel money to the Right after Trump. And he did give plenty to the right. Some of it is documented. But what does it matter? Are you saying the right doesn’t take dark money from questionable sources?
And did you see Trump’s tax returns?
They all should be in jail. Every one of them.
Juice: my gift to you
https://www.youtube.com/watch?v=UVAheicdilk
Juice Box says:
December 23, 2022 at 1:54 pm
For Christmas I choose violence if I hear this song sung by this artist..
Hint I would rather hear Yoko solo this one…..
Juice Box says:
December 23, 2022 at 12:25 pm
Heck the Albanian guy might get tarred and feathered if he drove too nice of a rental car.
https://www.youtube.com/watch?v=okEG6o3Wemo
Libturd says:
December 23, 2022 at 1:50 pm
“Some people care about their neighbors…”
Just back from another two weeks in SW Florida, virtual ground-zero for Hurricane Ian. I can assure you that both neighborliness and functional state/local governance exist far more there than here in broken, blue NJ.
2:12 I’m borderline a lot of things. But o know this…
You’d think twice before starting shit with me irl.
Trust me. I’m as alpha as you’ll find. I just hate the rich And vote accordingly.
Guys put down your weapons.
FTX is a bigger story….the legislation they tried to ram through congress and the people backing them.
We know SBF gave in the range of 40 million to the democrats and their PACs etc.
It was the other founder working the other side of the isle. FTX co-founder Ryan Salame, who gave roughly $24 million to Republicans and their PACs this past cycle.
He has not been charged with anything yet.
There are more shoes to drop..Director of Engineering Nishad Singh poured millions into the 2022 midterm election as well $8 million to Democrats.
What will come of it? Money clawed back? Who knows…..
re: starting shit
Did you swallow allot of aggression along with allot of pizzas?
https://www.youtube.com/watch?v=cs-5xVvsFaw
Gives new meaning to “hide the salame”
Juice Bxo says:
December 23, 2022 at 2:29 pm
It was the other founder working the other side of the isle. FTX co-founder Ryan Salame, who gave roughly $24 million to Republicans and their PACs this past cycle.
He has not been charged with anything yet.
Ex says:
December 23, 2022 at 2:25 pm
“I’m borderline a lot of things…I just hate the rich And vote accordingly.”
You may be borderline some things, but definitely a zero when it comes to self-awareness. You didn’t know that Joe, and the rest of the Biden crime family, were rich — as a result of Joe’s fifty years of political corruption — before you voted for him?
Ex says:
December 23, 2022 at 2:25 pm
2:12 I’m borderline a lot of things. But o know this…
You’d think twice before starting shit with me irl.
Trust me. I’m as alpha as you’ll find. I just hate the rich And vote accordingly.
Please write this in english when your not stoned. But you love Biden who has made millions on Americans and Pelosi who has made 140,000,000( thats million bro) with insider trading. They are more than rich, try and stay sober, otherwise you just look stupid.
“Come on Leftwing. You would have had to be a complete moron to funnel money to the Right after Trump…Are you saying the right doesn’t take dark money from questionable sources?”
No, I’m saying you are taking a lying thief’s self serving statements at face value to call others stupid….
Haven’t looked at DJT’s returns…suspect they will show generous topline, significant business losses, and minimal tax paid which will send the left into fits of cognitive dissonance as they concurrently label him a tax cheat and incompetent businessman…am I in the right neighborhood?
left: the devil is in the details…… a few years ago there was substantial umbrage at Warren Buffett’s taxes. Turns out that he had tons of money stashed in legal entities, but also tons of money in his own taxable account…… in munis…. of course his tax rate was super low…. always specious crap.
DeNiro at his best.
https://www.youtube.com/watch?v=dwYtFt4agqo
EX is just another keyboard tough guy.
Lighten up, Francis. Nobody is impressed with your completely unverifiable Internet Resume.
“I can assure you that both neighborliness and functional state/local governance exist far more there than here in broken, blue NJ.”
Certainly no argument here.
Why do you think it’s the fastest growing state? That’s right; boomers are a huge demographic group that has been retiring en masse.
Demographics is everything. Sure, places like Miami might be attracting some dirty finance guys, but make no mistake about it, Florida is a landmine for real estate right now. When you have some towns and cities with the majority of the population being older, be very careful buying in these locations. Who the f’k is going to buy all that supply? You would have to wait till the millennials retire. That’s a long time…
“Like I said, though Florida’s boom-bust history would indicate that you should never rule out another major correction, the statistics seem to back the thinking that Florida’s future is now much more likely to be like that of Texas — a state that continues to siphon high achievers from blue states because it welcomes and respects human and financial capital.
Florida Fastest-Growing State for First Time Since 1957 — https://www.census.gov/library/stories/2022/12/florida-fastest-growing-state.html”
Remember, the boomers just unleashed a huge competition buying up Florida real estate. Rich boomers drove it up to insane levels. Good luck getting what you paid. Carrying costs are expensive in Florida too..
Once boomers stop buying there….timberrrrrr!
3:08 I’m just calling it like I see it. Though I think I need a better hobby.
I never said I was tough. But yeah, it’s implied isn’t it. Look at me…I’m tooooough
https://youtu.be/25iUnF73aHc
China admitting Covid running wild? 37 million news infections in one day.
https://www.reuters.com/business/healthcare-pharmaceuticals/china-estimates-covid-surge-is-infecting-37-million-people-day-bloomberg-news-2022-12-23/
We could see a crazy new variant born from this.
Spreading like wildfire. Crazy.
Too bad Small does not drive like Paul Walker. Spare us all the redundant boring drivel
“The US economy actually needs a period of deflation. Inflation post-pandemic is running 10% above prior trend, we essentially pulled forward almost 6 years of inflation into the last 18 months. Only way to make progress on that is to induce a recession and the Fed is going there”
Brrrrrrr!!! Wind chill is something else out there…15 degrees now feels like zero..
I am grilling pizza dough on my gas grill tonight. I make a few extra and save them for later on, the thermometer on my grill says only 250 F and it’s on full blast…The grates are hot enough though….
Think this is a first for me. No jacket this morning at 55 degrees…low tonight is 5 degrees. That’s wild.
re: ” huge competition buying up Florida real estate”
You got that rights my neighbor flipped his beachfront Jupiter condo for nearly double after owning it for a few short years.. He then went up the road and now has a nice SFH on the second hole of a golf course… He is back in NJ now for his kids & grandkids etc as they did not want to fly down said it was too expensive they said..He was able to get Frontier from Florida to Trenton for only $35 bucks. The 60 mile uber ride cost more than the flight he said $160…
Pumps re: No jacket
My kid went to school in shorts and t-shirt again today. He refuses to wear long pants or even a jacket, some kind of competition to see who can hack the cold longer..I did the same as well but a bit older when in High School.. Well I took him for a haircut shopping this afternoon to get a gifts etc. It dropped from 35F to 15F and the wind picked up by the time we were done shopping at Barnes and Noble. He said he was not cold but he still tore across the parking lot to get to the car….I did not open the door with the remote either as he needs to learn to dress warmly…….Sadly I hope it gets colder just so my kid will actually start wearing long pants and jacket.
DeNiro at his best.
https://www.youtube.com/watch?v=dwYtFt4agqo
Reminds me of the guy that duped the news on the names of the Chinese crew in a plane crash. F**ing legendary.
https://www.youtube.com/watch?v=CaOkTKfxu44
Juice; My oldest son had that competition thing shorts and tee shirts as long as possible it was in high school. He made it through the end of December, one of the last to finally give up. My wife used to be so upset about it, I told her to relax and let it go. I thought it was some stupid Jersey shit.
BRT,
That is GOAT of all broadcast goofs. Think it was Korean airline.
99
Middle school son hasn’t worn pants in years. Usually a hoodie though.
Have to love the temp swings, 6 degrees right now with crazy winds, and I have tee times for Thursday and Friday.
Hot damn, 4 degrees, that’s cold.
We’re going up to 36 today. Heat wave.
So this is what it feels like to live in Canada.
Smart guy, worth following
https://open.substack.com/pub/ironsidesmacro/p/2022-the-year-in-review?utm_source=share&utm_medium=android
Old Man’s Breakfast today.
It is 1 degree in Roxbury/ Mount Arlington area. Five old guys meeting for the last time this year, Our problem solving discussions will have to wait until next year after today’s meeting.
Have a Merry Christmas to all!
Def buying Tesla stock when it bottoms. The car is driving itself.
https://twitter.com/cyrusrezvanian/status/1606398230731841536?s=46&t=eHieWf5pQU4T8gE0Vd-nSg
Also will be buying Meta and Apple when they bottom. Meta is going to be a long-term winner. I love the hate for Tesla and Meta….this is what creates value buys.
Musk – Starlink… 3,300 mass-produced satellites in low Earth orbit communicating with designated ground transceivers. 12,000 satellites are planned to be deployed with a possible later extension to 42,000… more than one million subscribers in December 2022.
His innovation is off the charts. He will continue to create. This is private industry, the best of entrepreneurial instinct. Mirror this to ancient tax and spend dead ideas and waste by obese government and it makes you sick. You look at that corpse called the president and its sad to witness the complete opposite of ambition and success.
Merry Christmas to all on the board and families.
Likewise.
I’m on my way to the orphanage with more porage. On the way there I’m picking up Small Gov Con and Fat Eddie.
Small G Con likes to take the candy and toys away from the kid as he yells to them ” you did not pay for it”.
Eddie is dressed like his favorite priest and really gets close to the kids and puts ProLife, QisTruth and Trump’24 pins on them, he loves to put Ye2024 on the black ones.
Buhh Humbug to all,
Eat, Drink, and Be Merry life is short! Have a wonderful Christmas!
Merry Christmas to all and to all a good night!
Merry Christmas to all of you consumers. Enjoy your trip to the mall. Just don’t go to this one. Or Mall of America. Or bring popcorn and enjoy the show. Make sure you weigh your legal options before you step into the arena:
https://bit.ly/3jr7DSv
Merry Christmas!! Stack that cash and get ready to create some generational wealth!
“There is a diminishing utility to making more money, especially if you’re already miserable at your job.
For example, one could argue the following:
When you’re under 40, making $200,000 a year working 60 hours a week is better than making $100,000 a year working 40 hours a week.
When you’re over 40, making $200,000 a year working 40 hours a week is better than making $400,000 a year working 60 hours a week.
And if you can make $100,000 a year in passive income, that’s even better than making $200,000 a year working 40 hours a week.”
2022 was the Year of the Tails. The year is almost over, so you will soon get a break from this constant refrain.
2023 will be the Year of the Panics.
What is the difference?
2022 saw tail outcomes deepen as trends extended farther than anyone saw a year ago (eg: in Dec21 the mkt was pricing Fed funds at ~70bps by Dec22). Trend followers made good money but vol guys did not. Why?
Dispersion in outcomes (trend extensions) are not the same thing as market ruptures. Puts never really paid off, only furthering the sense of “maybe super short dated works, but term protection doesn’t, so why own it.”
2023 is the year when convex vol bets become great again.
That is not to suggest the year is one giant crash. I am saying 2023 will involve a level of extreme whipsaw in both directions that few people have experienced. For instance, I could see ARKK (spot ~$30) trade both above $45 AND below $15 next year… and end the year at $27.
Think of it as a year defined by accelerations and reversals. This is a surreal opportunity for traders, but hazardous for trend followers who have done well so far. This is “cryptonite”™️ (😂) for buy-and-hold. Ditto for passive…☠️ ☠️ ☠️
Host Bill Maher said he’s “very anti-Bitcoin” and believed in the value of gold.
Cuban replied, “I want Bitcoin to go down a lot further so I can buy some more.” He added, “If you have gold, you’re dumb as f***.”
Merry Christmas All!
& God Bless Tiny Tim !