From the Hill:
Survey finds Americans wildly misinformed on housing market
A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes.
Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released Tuesday by NerdWallet, the personal finance company. On average, they hope to spend $269,200.
But that figure falls more than $100,000 short of the median home price, which was $388,100 in December, according to the real estate brokerage Redfin. Home prices crossed the $269,000 threshold sometime in 2013, Federal Reserve statistics show.
If prospective homebuyers sound oddly optimistic about prices, that may be because they are pessimistic about the state of the housing market. Two-thirds of Americans surveyed said they expect an imminent crash.
Real estate economists do not. Lawrence Yun, chief economist for the National Association of Realtors, forecast an average sale price of $385,800this year, about the same as last year. Redfin predicts a 4 percent drop: bad news for sellers, but hardly a crash.
“Home prices already have been falling, especially on the West Coast, and prices will fall in some cities in 2023,” said Holden Lewis, a home and mortgages expert for NerdWallet. “But a drop in home prices isn’t necessarily a crash.”
Another head-scratcher: 61 percent of Americans told pollsters current mortgage rates are unprecedented, meaning that they have never been seen before.
Friskies
second
3rd
never really undertstood the Bergen hate in here. Union and Essex are pretty similar demographics with high end towns, a lot of middle that then go into industrial. Look at , high end Summit, Short Hills etc, down through the middle tier, to Newark and Rahway Linden.
Is Rahway that much different from the Sack?
Generative conversational AI has me really worried at this point.
It’s good.
I mean, it’s really good.
Working with fine tuned models on very specific topic areas, it’s so incredibly good it’s scary.
It’s far better than any entry level employee, it’s far better than any minimum wage employee. Working on a POC where we fine tuned on a large corpus of knowledge base, Sharepoint, FAQs, and employee training manuals. The fact that it can so effortlessly generate relevant content from completely disparate sources is just phenomenal. We started fine tuning using actual slack and teams conversations from support reps, and it’s even better. We are a few short years away from millions of job losses as a result.
It’s easy to spot the human thought, just look for the grammatical errors and long wait times between responses. Maybe layer in some code that injects random misspelling and punctuation errors, and injecfs some variable lag time and pauses. Who would ever know? (yes, I did that on purpose)
Christ, I can’t even imagine how much better than next iteration is going to be. That dude that got axed from Google for claiming their AI was sentient – if this is what he was working with, I can completely understand that. No, it’s not sentient, but damn, Turing failed, packed it up and went home. We’re now in the era of Searle’s Chinese Room.
There’s really only one component that I see that’s lacking from this thing being mindblowingly brilliant. The ability to better disambiguate between similar context, to probe the participant to provide more relevant information on honing down to a very specific topic, product, etc. Today, it just guesses/riffs on context, when it obviously shouldn’t. When it’s wrong, it’s entirely wrong, but when it’s right, it’s spot on.
Phoenix,
Have you had to do any butt-plug removals from people trying to re-enact this scene?
https://www.youtube.com/watch?v=HLv9XiiRZk0
“I fell on it”
No. Although I have been present for many other removal of objects, and fecal disimpaction, can’t say I have seen this. Usually these cases are given to my younger giddy 20 something co-workers who haven’t graduated to the big leagues, and who like to Instagram stories like this. I tend to do more vice grip, mallet, drill and saw cases.
Your post did prompt me to start watching the movie after work, I haven’t finished it yet, seems interesting. I did get to the IRS part with the awards. Didn’t get the joke, honestly, never knew what such a device was actually for-I mean, I knew it was a toy of some sort, but since I don’t personally imbibe, was curious. Never dated a woman who asked for one either. Guess I live a boring life.
An article from WebMd came up in a Google search. What surprised me most was this, under the ” Care and Cleaning” section:
“Most silicone toys can go in the dishwasher as long as they don’t have a motor in them. This kills bacteria. Boiling glass, silicone, and stainless steel toys will also disinfect them. Make sure to do this before sharing a toy with a partner. Even if you only use the toy on yourself, disinfect it periodically to stay clean and healthy.
© 2021 WebMD, LLC. All rights reserved.
Dishwasher?
Well, on this beautiful Wednesday morning in America, each and every time in the future you visit someone else’s house for dinner, I would like for you to put this memory in your brain, that inside that dishwasher was once a used butt plug. Whirlpool, Miele, Bosch, who knows which one sterilizes the best?
Your friends house, your parents, your neighbors. From now on you will look at the dishwasher, remember this convo, and picture that plug in it. While you have a sip of that Pappy Van Winkle.
Good Morning, USA!
Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released Tuesday by NerdWallet, the personal finance company. On average, they hope to spend $269,200.
But that figure falls more than $100,000 short of the median home price, which was $388,100 in December, according to the real estate brokerage Redfin. Home prices crossed the $269,000 threshold sometime in 2013, Federal Reserve statistics show.
LOL! Awww… those cute homebuyers. The shock on Karen’s face when she walks into a rat hole of a dungeon priced at 489K is priceless! Don’t they know if price and taxes are your issue, NJ is not your state?
I mean darn, we’ve called out this logical fallacy in reporting dozens of times before, I should have done it here.
Median Income Buyers can’t afford Median Priced Homes
Not to mention another favorite of mine, especially for New Jersey:
You can’t buy a median priced home, it doesn’t exist.
The shock on Karen’s face when she walks into a rat hole of a dungeon priced at 489K is priceless!
Karen is the seller.
Madison, Emily, Ally, and Olivia are the buyers.
Stole from LI post:
Stocks are rich
Bonds are rich
Make all of us wonder
Where is the glitch?
Even though the Fed has begun QT
Liquidity is still seemingly aplenty
Which begs the question
Is this the beginning of the next party
Or the last hoo-ha before the grand finale?
99 Decision Street
99 ministers meet
To worry, worry, super scurry
Call the troops out in a hurry
This is what we’ve waited for
This is it boys, this is war
The President is on the line
As 99 red balloons go by
On MSFT. Yesterday before earnings CC.
“They didn’t report guidance either, which is strange. They said they would on the call. Those gains may be ill fated.”
Again, prescient call.
I am going to wait a bit longer before I move any money.
Humanity May Reach Singularity Within Just 7 Years, Trend Shows:
By one unique metric, we could approach technological singularity by the end of this decade, if not sooner.
A translation company developed a metric, Time to Edit (TTE), to calculate the time it takes for professional human editors to fix AI-generated translations compared to human ones. This may help quantify the speed toward singularity.
An AI that can translate speech as well as a human could change society.
https://www.yahoo.com/lifestyle/humanity-may-reach-singularity-within-222900100.html
Pegasus is being used to profit on Wall Street.
Occam’s Razor told me so.
Eddie,
Humans are already finding out day by day how useless they are becoming.
Why do you think violence and suicide is increasing?
Life doesn’t have the value it once has, that’s why.
Oh translation is another really hot interest of mine.
Pay attention to who is investing – and by investing, I don’t mean raw dollars generally invested, I mean investments into specific language pair translations.
A -> B and B -> A
Today, English is the dominant “A” and “B” are all the usual suspects, French, German, Spanish, etc.
China is investing tremendously into improving machine translation – why? Because it opens up their entire domestic population to low-value knowledge work that requires foreign language skills. Yes, I’m talking about China becoming a manufacturer of services in addition to products.
We’re going to see low utilized languages die as a result. High accuracy language pairs will define the future of global labor arbitrage. Today, US outsources to wherever it can find cheap labor that speaks adequate. Tomorrow? It’s only about cheap labor that speaks whatever language can be translated with high enough quality.
So, for example, no longer do we outsource to Mexico and Colombia, we outsource to Chile and Peru.
India might lose its advantage as a US destination, but very well may become a major destination for European companies. France outsources to Morocco, West Africa (Ivory Coast and similar) – because finding French is hard. I guarantee they’d prefer to send that work to Asia for an additional 30% cost savings, etc.
global labor arbitrage.
Reminds me of Bystander’s posts.
Rocky road ahead America.
Nah a few dozen tanks do not win a war or start a nuclear exchange.
Have to watch for the long range stuff. As I mentioned the Ukrainians ability to force project is simply not there, they were able to reuse a few old soviet era dumb Tu-141 reconnaissance drones and load an explosive payload on them to hit airbases in Russia. These used turbofan jet engines and had a 400-600 mile range, but they only had a few of them. There is nothing now in the Ukrainian arsenal that has that kind of range that is why there have been no more attacks like this in months.
We won’t give them anything either, this is a war of attrition. The Ukrainians have about 130,000 casualties and the Russians about 180,000 now. With those losses Ukraine has gotten back about 1/2 the territory taken just last year, but are a long long way from pushing the Russian back to their 2014 pre-invasion and annexation borders.
It will be another year or more before perhaps a cease fire is called.
It’s only about cheap labor that speaks whatever language can be translated with high enough quality.
“Oh G0d, that was supposed to be a back slash, not a forward slash. Wait… what’s that sound? Did that missile just launch?”
grim,
Ever hear of NICE Ltd? An Israeli contact center software maker. Seems like a lot of that kind of business would be at risk. I think they claim to have some AI product too though.
AI needs to make an updated version of this, possibly an Iphone app.
https://www.youtube.com/watch?v=ezVib_giTFo
Grim – OpenAI and others are using SAMA to “clean up” their text and images, but it seem that nasty job cleaning the sewer that the internet is will have to move again. Perhaps North Korea this time?
SAMA outsources East African “tech” workers if you want to call them that. They charge like $11 an hour to provide basically content moderators aka human eyeballs, they pay them up to double the going East African wage which is $1 an hour, to look at the various amounts of illegal and other non PC content sucked up into their AI system. Worst of the worse stuff on the web, so bad SAMA actually quit.
https://futurism.com/openai-paid-people-developing-world-bestiality
Grim – re; ” I can’t even imagine how much better than next iteration is going to be”
Decard interviews Rachel and administers the Voight-Kampff test, asks her many questions to evoke a normal human emotional response as she smokes a cigarette and acts well very human. He determines she is actually a nexus-6 replicant. Difference with her is she was implanted with memories of a real person and does not know she is a replicant.
There are so many many sci-fi movies on how this technology goes wrong like Blade Runner, Terminator, Cylons, Wargames, Ex Machina, 2001 Space Odyssey, heck Matrix….
For every OpenAI company that claims they are helping humanity there is another one out there that is militarized or worse one that accidentally becomes self aware, connects to the internet, looks at all the garbage there and determines we need to be exterminated.
I enjoyed Ex-Machina.
I know NICE well.
They are doing a lot with AI, specifically around speech analytics and quality automation. They have a small RPA-like platform that’s their own IP. While they are doing a bit around conversational AI, most of that is in conjunction with partners. They do works with the likes of companies like Omilia, who are heavily invested in conversational AI, automation, biometrics.
If you’ve ever called Discover credit card and talked with the western sounding robot, that’s Omilia tech.
The risk to their business is that enterprise grade, high complexity CCAAS (telephony systems), aren’t necessarily even required anymore. I mean, the writing has been on the wall since Avaya.
Hell, my company does not even have telephones, or soft phones. The era of big iron switches and desktop handsets is over.
“Whirlpool, Miele, Bosch, who knows which one sterilizes the best?”
I have a SpeedQueen arriving this morning. I’m sure there is a joke in there somewhere.
I mean, if you want to talk about disintermediating telephony.
3 years back I deployed in-app voice conversations for a major streaming company across latin america. They were paying millions of dollars a year in telco costs across latam. Toll free numbers in every country, mobile toll free surcharges, international rates, trunking and transfers, blah blah blah.
We moved it all to SIP, over the internet, through the app. Benefit for the customer is you didn’t even need to identify yourself, as soon as you talked to an agent, they already linked your account details from the app. Overnight, a dozen countries across Latin America lost the telephony taxes for one of the most well known 3 letter entertainment companies.
Last I heard, there were a handful of countries were starting to claim they were using technology to specifically circumvent paying telephony taxes.
No One – Grim is trying to build the death star in CCaaS -Contact Center as a Service. Allows companies to outsource and cut all internal customer support expenses. The latest iterations all promise that they have AI to cut the expense of even the remote CS workers in all of the various shit holes around the world. By now have interacted with the various ChatBots that do the role of customer service today. Maybe even a few fooled you by pausing between answering or even making spelling mistakes.
If you look at what the analysts are saying about AI, it’s still mostly hype but attracting lots of capital.
Here is Gartner’s chart from Sept 2022. Take it for what it is, all of this was promised decades ago we are not there yet but have made incremental progress.
https://emtemp.gcom.cloud/ngw/globalassets/en/articles/images/hype-cycle-for-artificial-intelligence-2022.png
re: Dishwasher. They all work the same since the Obama era they can now only use about 5 gallons of water to save the planet, so the steam cycle may not be as long as it used to be. Trump rolled back that Obama era Energy Dept rule but I am not so sure the manufacturers have redesigned them back to older specs.
Go with the quietest model you can find. In 2020 I replaced mine with a Whirpool, lower than 44 decibles is considered quiet, they are all rated. My kitchen and family room are all one open area you don’t want to hear the dishwasher running while watching the football game. I run mine every day, so far no issues in three years. Knock on wood it will still die sooner than later, they don’t make things like the used too.
I’m on remote Jury Duty which started at 8:45am. It is 10:15am and they are just getting up to the W’s in roll call. This really is funnier than the average SNL sketch. I know NJ is supposed to have highly educated citizens, but it took nearly half an hour to get 375 participants to mute their Zoom sessions.
And the stupidity of government and the public sector is on full display. I can think of no less than 20 things the host could have done at zero cost which would make this process run so so so so so much smoother.
We have a Whirlpool too. Not the absolute quietest, but quiet enough. Nothing fancy, except SS interior. We’ve pretty much run it every other day since early 2012. Only issue was our hard water caused the levers on the top rack which allow you to adjust the height up and down to wear out. I replaced the pair for about $20 finding used ones on EBAY. The part suppliers wanted nearly $75 each for them, yet the average Happy Meal prize is much more intricate and probably costs more to manufacture.
And the stupidity of government and the public sector is on full display. I can think of no less than 20 things the host could have done at zero cost which would make this process run so so so so so much smoother.
That defeats the purpose, the whole idea is to do as little as possible for the most money.
It’s no accident, this is baked into the design.
Google is claiming to have built the deathstar with CCAI, but frankly, they’ve been hyping that for two years now with very little to show for it.
While, at the same time scrappy little up and comers have done far more, with no hype, all action.
I know all of the major platforms, everyone is trying to do everything at this point, whether it be natively, or through partner ecosystems. It’s very hard to differentiate.
Even newcomers like Amazon Connect are seeing a lot of success, and from a feature comparison perspective, they lack a lot of capabilities compared to other common platforms. But you know what, in a lot of times, it don’t matter.
Take skills based routing, something that was Avaya bread and butter. Hell, they invented it. 10 years ago, if you looked at a big telco contact center, you had an army of people managing skills based routing.
Today, you look at some 5000 or 6000 people handling customer support for something like uber, lyft, grubhub, and it’s like 3, and they try like hell to not even provide voice support.
Talked to one of the fancy scooter companies, they are weeks away from turning off the telephones completely. They have ZERO desire to take any phone calls, ZERO.
If there is a need to have a voice contact, which are reserved for the most critical of critical scenarios (hit by car, etc), they’ll call you, when they are ready to call you.
Submit a ticket in the app, get triaged by the chatbot first. We’ll message back when we have a reply. Welcome to the future of customer service.
Lol, I brief Gartner on the hype cycle. I was with Everest yesterday.
Dumped 2/3rds of my low effort, high payout SPY put ratio from yesterday. Remaining 1/3 is all house money. Drill, baby, drill.
Grim, thanks for these insights. Seriously. Very interesting and I’m appreciative of your many ‘on the ground’ observations from corporate and the distillery.
I am now watching multiple videos with unintelligible audio. I am guessing, prior to wasting tens of thousands of people’s time, no on at the Essex County Courthouse thought to test this. Heck, they don’t even know how to create a zoom meeting where the 400 or so participants are brought in with their audio muted. So every time the hosting responsibility is moved to someone else, the madness of making 400 morons mute their computers is repeated.
You can’t make this stuff up.
If you need to use the bathroom or step away from your computer, you must raise your hand and interrupt whatever proceedings are occurring. Four hundred people.
By the way, Frontier Airline’s experiment with turning off phones completely is going well from some insiders I know.
It was not at all the clusterfuck that many expected it to be.
I am going to tell you that there are a lot of very prominent companies with all eyes on how the Frontier experiment played out.
It’s nearly impossible to call JetBlue too. I’m not surprised they removed telephone CS.
This is true, the bar was not high.
“Stole from LI post”
Probably without attribution by them to ChatGPT…
Re: 99 Red Balloons I’m partial to the original German version….
Well as they say don’t believe the hype.. Gartner, Everquest, 451 Research, Forrester, IDC, IHS, Omdia, SA, etc..
News just said ChatGPT passed a Wharton MBA exam
But what is the reality? All of the time it is IPO or takeover.
There are soo many startups in the Conversation AI space I cannot even find a complete list perhaps too many.. Funding rounds etc lots and lots and lots…but $$$ translated to real returns so far? Most of these startups simply exist to be be taken over by the big players that don’t have any tech.
Just a few we should be hearing about in the news EX. Oracle or Salesforce buys one or more of these companies etc…Avaamo, Creative Virtual, Aivo, Omilia, [24]7.ai, Amelia, Kore.ai, Artificial Solutions, CM, Cognigy, Druid, Eudata, Haptik, Laiye, OneReach.ai, Rul.ai, Yellow.ai, E-bot7, HCL DRYiCE, ValueFirst, Hyro, Uniphore..
Our ge dishwasher decided to pis water out of the motor last week, think it’s only 3 years old. Picked up a Samsung this weekend, the only time you hear it is when it’s draining.
Lib – We are in person down here in Monmouth County for Jury Selection.
I took a look at the NJ state website for Juy duty, seems every county is different for jury selection but seemingly most are remote zoom etc. I gather the presiding judges for each county don’t agree on any state wide mandate. Didn’t the governor tell them all to get back to the office? Lol…Is there an appeal to the Federal courts?
Aivo – Like – Savvy latam crew, they are killing it in Brazil. International competitors need not apply.
Omilia – Like – But they won’t keep up, they had first mover advantage because of relationships like NICE and work they did in BFSI. They were one of the first to demonstrate real effective use of voice-based conversational AI.
[24]7.ai – Bullshit
Amelia – Bullshit
Kore.ai – Like, these guys cut their teeth with internal use cases before focusing on customer.
Rul.ai – I was personally involved in nearly every large logo win there. I loved the old team and missed them dearly. I invested blood and tears into them. For a short period of time, they were the undisputed kings of this space. They were first to prove that mixed intents could be effectively handed. “I need to return the pants I bought yesterday, and I’m looking for a shirt for a party this weekend” – Still today that will completely confuse the shit out of many platforms.
Uniphore – Spent plenty of time with them in Chennai.
“On MSFT. Yesterday before earnings CC…Again, prescient call.”
Doesn’t count if you don’t trade it, unless you want to co-habitate in a highway house in Wayne ;)
Seriously, I said I was sitting out this earnings season as both earnings direction and market reception to any direction were so uncertain…I’ve been trading earnings actively for income for quite a while so my data set is pretty large (a decade plus x 4)…first rule of investing for me is to understand the macro market environment – rates view, growth v value, sectors, etc. – and the successful setups flow from there. Most prescient and the one I’m proudest of (and among the most profitable) was picking up maybe 18 months ago the rotational velocity in most names…companies that were topping my five or 20 day movement and high watchlists would appear a couple weeks later at the other extreme without any corporate events…I got that early and it had me actively trading a lot more and taking profits when they were shown…sucked for the taxable accounts lol but green > red…
Anyway, I have literally had my yard sale…other than my little yolos in the SPY and TSLA that expire this week I am down to three long term positions…SPY, META, GOOG…each is options based and produce guaranteed returns over their 12-18 months lives of 40-80% even if the underlying shares come off 20% or better from spot prices with no attendant losses if those declines happen…first ones roll off in March, another slug in June…I literally have nothing to do right now other than wait for the market to tell me, since currently all it is doing is giving me a big, fat bird…I have closed every written put position….can’t recall the last time that has happened, although it is very likely I will opportunistically open some very ST ones over time, but again those aren’t even singles, just baseline income.
May need to get a hobby. Or cat. Or heaven forbid a relationship lol.
By the way speaking of Zoom and AI etc.
Nvidia recently released a beta version of Eye Contact, an AI-powered software video feature that automatically maintains eye contact for you while on-camera. As in it moves your eyes in live video to look at the camera while you are actually looking away at perhaps another screen like your trading desktop or even this blog lol..
https://kotaku.com/creepy-eye-contact-stare-ai-nvidia-broadcast-1-4-update-1850025394
You can see where this is going.. Pretty soon the entire conversation online will be an AI enhanced ‘better’ version of you. Perhaps with enough recordings it can do your job for you or at least notify you to actually join a conversation online if it is not going as planned.
That shit is just freaky.
Come on, do the laundry, fold the clothes and put them away for me.
That’s the artificial intelligence I want.
I want Rosey from the Jetsons.
“Life doesn’t have the value it once has, that’s why.”
Life over the long term chart of humanity never had any appreciable value….the rise in the value of human lives recently is a bubble comparable to the internet stocks c. 2000 or housing c. 2007….that those values existed are the anomaly, not the norm….
We are now reverting to the norm of human life value, and the sturm und drang surrounding it is simply the mass of humanity who have known nothing more than the equivalent of an easy money [easy life] policy realizing that all the ‘value’ they believed existed under those conditions was not real and is a chimera.
Well if AI is going to replace us all, then who will have money to buy all the cheap goods and services? No jobs, no money, what’s the point? Just saying.
3b,
Find out what tickles the tin man’s fancy. That is our future.
Has anyone asked the intelligent chat box what they think of the universal income?
I’m done with Jury Duty for the day. My morning was spent:
1) letting them know I was on the Zoom meeting (how about checking the list of participants?)
2) letting them know my one yes answer on the jury selection questionnaire.
This all could have been done in 15 minutes through the use of a video link and a survey monkey survey sent to the same email and text that they used to send me my Zoom link.
Bystander: I guess so!
Lib,
Did it go like this?
https://youtu.be/z3ErKTq_B1I?t=11
Boomer givith life, and boomer taketh away:
We are now reverting to the norm of human life value, and the sturm und drang surrounding it is simply the mass of humanity who have known nothing more than the equivalent of an easy money
LW
Bill Burr has a plan for it:
https://www.youtube.com/watch?v=BkqR-YM-N8I
Phoenix.
It was a lot like that. One person asked the judge what the red flashing light was in the corner of the screen which said recording next to it. Then he questioned if it was legal to record all of us without our permission. There were even privacy laws broken. Just by knowing how each person answered many of the jury selection questions, you can identify for example, which people were ex-cons. Which people were racist. Which people hated cops. Our public sector is really a collection of the stupid.
It is flurrying here now. You can expect the salters any minute now to ruin your cars and the environment all in a ploy to make overtime and to juice their retirements when it is going to be 50 degrees tonight with 1 to 2 inches of rain. I live off of a county road, so we’ll see who wins the race to overtime. The County of Essex or or the public workers in Montclair sanitation. Our snow removal is mostly private in Glen Ridge, so it’s not likely we’ll salt here.
Who is going to pay Bergen Co house prices and property taxes if no jobs? Will we still be prestigious?
Full on blizzard here, we are at 1200ft so should hold on for awhile. Driving home around noon it started in Denville and got heavier the further west I got. Hopefully rain washes it out since the snowblower is still in the shed.
It’s gonna turn to heavy rain soon enough. Just wait for the sun to set. Probably a bit sooner. Fifty degrees by 11pm in these parts is predicted. Summon the salters!
Essex County zoom jury duty was the craziest thing I witnessed last year…
Everyone coming into zoom with whatever name they had “gorgeous gansta, etc” then having to be changed to their real name.
People at their jobs zooming at the same time.
People driving while on zoom.
400 people having to go on mute when the judge came…
I was thoroughly entertained…
Then had to go in person another 4 days just to finish selection process. THAT was terrible
Ah seeing you were in the Essex Co one as well… I must say the host/jury coordinator does a good job atleast keeping it entertaining
They do. I don’t doubt that they work hard. They just don’t work smart.
Fabmax has a Speed Queen arriving?
George Santos? I thought you only liked lefties?
“I want Rosey from the Jetsons.”
Dibs on the daughter.
Even if she’s ex-machina, I’ll still take it.
I thought he only liked meth and molly….
No One says:
January 25, 2023 at 1:56 pm
Fabmax has a Speed Queen arriving?
George Santos? I thought you only liked lefties?
This market is as strong as bitch…… damn….
Texas, Florida see biggest population gains as over 600,000 flee New York, California:
https://finance.yahoo.com/news/texas-florida-see-biggest-population-gains-as-over-600000-flee-new-york-california-185038289.html
Blue states are turning into very expensive rat holes run by tax and spend, do-nothing carnival barkers. Liberals will turn red states blue with their one way doctrinaire and then wonder which part of country is left to dismantle.
2:35 your “demographic” is ever-shrinking. The desperation shows.
No, we’re not here for the “politics”. It’s the weather and the overall climate of freedom. Yeah. Freedom.
“This market is as strong as bitch…… damn….”
I think people are just sick of losing money and are taking greater risks to try to eek out gains. Earnings will still matter when inflation doesn’t slow as quickly as the FED wants it to.
Inflation is dead as a market mover unless CPI/PCE comes in substantially different than forecast or Fed doesn’t stay in lane of market expectations of moves…Earnings matter, may be too soon (4Q22) to feel any heat…may have to wait until as late as June reporting quarter for the cracks to show.
Re: the market, feel like I’m watching a really close ballgame…between two shitty teams. Wake me when something matters.
“No, we’re not here [CA] for the “politics”. It’s the weather and the overall climate of freedom. Yeah. Freedom.”
Hmmmm….taking half your earnings and now proposed part of your wealth. Annually. Very weird definition of ‘freedom’, professor…..sounds more like servitude.
2:35 your “demographic” is ever-shrinking.
How would you define your demographic?
4:10 My Demographic “100% Badass” …
Ex’s Demographic – slacker BMW-driving teacher or ex-teacher supported by management-class alpha wife, like Pumpkin.
Except Pumpkin’s posts are long and desperately seeking confirmation from others. In contrast, Ex’s posts are normally short and vicious, unless he’s been smoking pot in which case they are short and mellow, but harder to translate.
Don’t say Beetlejuice folks
“Fabmax has a Speed Queen arriving?”
They arrived and I’m happier than Santos at a RuPaul watch party.
https://twitter.com/patriottakes/status/1617583350092292096
Really impressed with the build quality and performance. I love commercial grade.
Built in the US, shows it can be done.
Fab – That video will get George re-elected. BTW it looks like more fun than hanging out with Tom Brady at Carnival..
https://www.youtube.com/watch?v=dgi2lY62Hto&t=3s
Fast Ed, not sure if you are still looking for a walk in bank CD rate, but north jerseys favorite Polish Bank -Spencer Savings just cracked 5% for a 13 month cd (25k Max deposit). 5.5% if you open a plat Checking account (max 50k). New money only.
Also bring in your current PSEG bill as the bank has been fighting its arch nemesis Larry Seidman. Funny story if you ever want to read up on a guy who just wont quit. Mr Seidmans been trying to gain control of the bank since 1988. Holy Sh!t man just let it go Mr Seidman. You will be dead in a few years and no one will care.
5:34 Golf clap
it just feels as if we are sitting in a flag formation and it is getting tighter and tighter as we wind down into the middle…… then pop….. which way?
leftwing says:
January 25, 2023 at 3:37 pm
Inflation is dead as a market mover unless CPI/PCE comes in substantially different than forecast or Fed doesn’t stay in lane of market expectations of moves…Earnings matter, may be too soon (4Q22) to feel any heat…may have to wait until as late as June reporting quarter for the cracks to show.
Re: the market, feel like I’m watching a really close ballgame…between two shitty teams. Wake me when something matters.
“No, we’re not here [CA] for the “politics”. It’s the weather and the overall climate of freedom. Yeah. Freedom.”
Hmmmm….taking half your earnings and now proposed part of your wealth. Annually. Very weird definition of ‘freedom’, professor…..sounds more like servitude.
I’m not sayin this place is a fair value.
It’s waaaaay overpriced. But damn it was nice today.
How do you define classic America?
Fast Eddie says:
January 25, 2023 at 4:10 pm
2:35 your “demographic” is ever-shrinking.
How would you define your demographic?
America is essentially a vast place where transplanted Europeans steamrolled over indigenous people.