Back in the pool!

From CNBC:

Homebuyer mortgage demand jumps after interest rates drop to two-month low

Today’s housing market is so pricey that homebuyers are highly sensitive to any distinct moves in mortgage rates. And that’s what happened last week. Rates dropped, and buyers dove in.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.30% from 6.40%, with points decreasing to 0.55 from 0.59, including the origination fee, for loans with a 20% down payment, according to the Mortgage Bankers Association. That was a weekly average decline, but a sharper, one-day drop smack in the middle of the week was likely the impetus for demand.

“Incoming data last week showed that the job market is beginning to slow, which led to the 30-year fixed rate decreasing to 6.30% — the lowest level in two months,” said Mike Fratantoni, MBA’s SVP and chief economist.

Mortgage applications to purchase a home rose 8% last week, compared with the previous week. They were, however, 31% lower than the same week one year ago, when interest rates were significantly lower. Buyers have been up against not only higher rates and higher home prices, but very limited supply.

Applications to refinance a home loan were less reactive, basically flat week to week and 57% lower than the same week a year ago. At today’s interest rates, there are very few borrowers who can benefit from a refinance. For those looking to tap their home equity, they are largely opting for second loans rather than cash-out refinances.

This entry was posted in Demographics, Economics, Housing Bubble, Mortgages. Bookmark the permalink.

122 Responses to Back in the pool!

  1. dentssdunnigan says:


  2. dentssdunnigan says:

    Who going to be second

  3. Very Stable Genius says:

    “ Republican leaders are now adopting increasingly autocratic measures, using the police powers of government to impose moralized regulations, turning private citizens into enforcement officers and expelling defiant elected Democrats just as county Republican parties, particularly in western states, are electing militia members, Christian nationalists and QAnon believers to key posts.

    Contemporary cultural conservatism depends on support from declining constituencies — non-college whites (as pollsters put it), evangelical Christians and other ideologues on the right — which places these groups in an increasingly threatened position, especially in the American two-party system.”

  4. Fast Eddie says:


    You have nothing to fear when you have men like this by your side fighting for your cause:

  5. Juice Box says:

    Biden’s EPA to announce new car emission regulations today that will attempt to push 2/3rds of new vehicles sold annually in the USA to be electric in just 8-9 years. That is about 9 million electric cars per year.

    There is no plan I have seen for battery cell raw materials manufacturing that will even come close to reaching those goals. Most lithium-battery raw materials are mined and refined elsewhere, even if we strip mined all resources here they won’t even be able to find the raw materials to produce anywhere near that amount of battery packs.

    It is projected that the total production capacity of the world’s lithium-ion battery factories will increase from some 350 GWh today to around 2,000 GWh by 2028. Most of that production will not be in the USA. Any kind of electric driving range requires at least 100-200 kWh battery pack. We are talking nearly all of the worldwide production to reach 9 million new EVs sold in the USA by 2032.

    Then there is the challenge of charging all these vehicles. The amount of power plants needed and grid upgrades as well as wiring to homes and multifamily buildings all needs to be upgraded. Trillions in spending. All this to be done in 9 years?

    I am only talking about cars too, the medium duty trucks also must be electrified per the new EPA regs.

    I fail to see how any of this will be accomplished without massive reliance on China for the Lithium Ion battery supply chain. There are only 5,163 people employed in the Lithium Battery Manufacturing industry today is the entire USA in about 38 plants total.

  6. The Great Pumpkin says:

    3 Growth Stocks to Buy for 100% Returns
    Growth stocks are back in a big way

    13h ago · By Alex Sirois
    These three growth stocks could provide triple-digit percentage returns in the near to mid term.

    Lithium Americas (LAC): It’s likely to be integral to the Unites States’ EV strategy.
    Ginkgo Bioworks (DNA): Synthetic biology is a rapidly growing space.
    Polestar Automotive (PSNY): EV deliveries surged 80% last year.

  7. The Great Pumpkin says:

    Employee: So I’ve been thinking, my job can be done from anywhere, would it be OK if I moved to North Carolina?

    Boss: Actually that’s a great point, your job *can* be done from anywhere. But I’m thinking more of a Bangalore sort of vibe?…

  8. Trick says:

    Juice, they will keep kicking the can down the road. Or if R’s take over squash the entire thing.

  9. The Great Pumpkin says:

    Lefty and I said this would happen. Typical worker is too stupid and selfish…they did this to themselves for short-term gains that come with a major long-term cost…opening up your position to severe and lethal competition. Good job 👏

  10. The Great Pumpkin says:

    You had a land based monopoly on your labor and you willingly embraced giving it away. Idiocracy is real.

  11. Fast Eddie says:

    So, we’ll flay the earth for elements to create toxic concoctions that need to be energized by coal-generated power plants to eliminate the use of oil? And then these depleted concoctions will be disposed of… where? Forget where you stand; is the tradeoff worth it?

  12. Fast Eddie says:

    punkin’ hed,

    All I care about is slave driving Gen Z for my s0cial security check. How do we get them to work their tiny hineys off?

  13. Nomad says:


    You think diminished production of ICE autos helps ramp EV production forcing consumer EV adoption to accelerate the drive to reduce their prices?

    Capital One getting out of the floor planning space.

  14. Bystander says:

    Blumpy, are you really going old tire with this? Been over this many times. India has been the major outsource spot on two decades. You think businesses are just waking up to it now? You are clueless yet again.

  15. Phoenix says:

    Haha. Listen to ten seconds of this.

  16. Phoenix says:

    “There is no plan I have seen for battery cell raw materials manufacturing that will even come close to reaching those goals.”

    Doesn’t Russia have it?

    The minerals, that is?

  17. grim says:

    Boss: Actually that’s a great point, your job *can* be done from anywhere. But I’m thinking more of a Bangalore sort of vibe?

    Doesn’t really ever work out like this, especially for smaller companies. Hiring and training new resource in a completely new geography isn’t simple. The bigger outsourcers (like myself), are generally not interested in one-off staffing models like this. It’s not profitable, it’s not scalable, it’s not manageable. To go offshore into India and do it successfully needs some scale, at least 20-30 heads executing the same business processes. Even that’s a bit of an eye roller, to get material cost savings you really need to be talking hundreds.

    Back-office type labor in India tends to range about $9-11 an hour (all in cost, that’s facility, hardware, management, training, hiring, etc). Also keep in mind that realizing cost savings might be difficult with small headcounts. You probably can’t shed your overhead costs, facilities, management costs, etc. Or, if you’ve already embraced WFH and shed those costs, the additional labor-related savings is far smaller than what you might have thought from a TCO perspective. If you think you can take 5 different jobs and send them to India (or anywhere else). Good luck with that, every one of those roles will require US-based management to support them, you likely wouldn’t reduce any headcount at all once you consider the amount of high-touch/hands-on management required to be successful in those markets.

    There are labor/recruiting solutions that allow you to onboard a remote contractor, but I’m going to tell you, the management overhead of this model is significant – far, far more significant than work from home management in the US.

  18. Phoenix says:

    When McDonald’s chief executive Chris Kempczinski demanded the fast-food chain’s corporate workers return to the office three days a week in the summer of 2021, he spoke up for the benefits of direct personal contact. “We ultimately are an in-person business,” he told Bloomberg Television. “You lose something from culture, you lose something from a connectiveness by being so remote.”

  19. Fast Eddie says:

    Inflation: Consumer prices rose 5% in March, slowest since May 2021:

  20. Nomad says:


    Some More:

    More of what you originally posted:

    Would think Home Depot, Lowes et al will offer turnkey hardware and installation for home charging. GM was, may still be offering free install.

  21. Phoenix says:

    But, apparently, that doesn’t apply when it comes to firing people. McDonald’s ordered all its corporate employees to work remotely last week so that it could lay off hundreds of them — via Zoom, other computer meeting options or telephone.

    McDonald’s action is the sort that inspires no small amount of cynicism about companies demanding workers return to the office.

  22. Libturd says:

    “5% in March”

    After raising interest rates 5%, selling trillions of treasury held assets and a year’s time, we are still 150% above the FEDs target for inflation or slightly better than halfway there.

  23. Phoenix says:

    Satan-2. Great name for a nuclear warhead vs Minuteman which is Lame -O

    Score one for the marketing department in Russia.

  24. Phoenix says:

    Lever Age

    Still, more than a few members of Team CEO have taken to the media to predict we’ll see less remote work as employment slows — and they do it in tones that often sound punitive. “It’s not going to be so easy to give up your job,” warned Kathryn Wylde, the head of the Partnership for New York City, late last year. “As you go into a recession and people fear they might not have a job, that will bring people back to the office,” said real estate developer Stephen Ross. “The employees will recognize … that you have to do what it takes to keep your job and earn a living.”

  25. 3b says:

    Fast: Core inflation is still high, and so another 25bp hike in May. No rate cuts this year either.

  26. Bystander says:


    He thinks you just take a PC out of US and send it over to B-lore. No clue on actual work that goes into shifting roles to another country. Labor costs, data privacy laws, contracts, location, equipment risks, talent competition – he thinks they don’t exist in India. Watch when employee leaves and you find everyone has 3 month notice period…and resources start bidding themselves higher as they get closer to end of notice period. Savings, my arse..two years L2 candidates getting paid highest senior L6 rates

  27. 3b says:

    Bystander: Don’t do it to yourself!

  28. Trick says:

    From cox automotive, ev sales topped 250k for q1. 7.2% of total car sales. That’s higher then I would have thought.

  29. VSG JustRelax says:


    Gaming it out 2024. Regardless of GOP candidate, they will lose the vote in GA, AZ, FL & TX. However, the state legislature will override the vote following laws and rules they already put into effect.

    The Dem VP will then ignore those electoral college votes from those “GOP Leninist” trying to pull a fast one as they try make the country a minority authoritarian system. The Dem Prez will be re-elected.

    Is there going to be hellish noise and red staters going berserk, sure. But the power will remain within the Dems. So yeah, I expect rowdy red staters violence to be met by superior USG forces which will be restrained, logical and lawful. Something that if it was the opposite would not happen.

    The dems know that once these GOP Leninist get in, they are going to go death squad on the opposition just like OrangeBoy wanted to do in the park. So the GOP can’t get it under any circumstance if they try to over ride their state’s popular vote.

    Frankly, what you got to watch for is the big money flow starting about a year from now. The US is a tax and safe heaven for the world. If big money feel things are coming undone, they are going to start holding back on investment, hedging and getting out.

  30. Phoenix says:

    Another victim of an economic war:

    HORSHAM, Pennsylvania (WPVI) — A mom stands accused of murdering her 11-year-old son in Horsham, Pa. then fleeing to the New Jersey shore.

    The Montgomery County District Attorney’s Office says 50-year-old Ruth DiRienzo-Whitehead is charged with first-degree murder in the death of Matthew Whitehead.

    According to the affidavit, DiRienzo-Whitehead told detectives her son had been “crying off and on all day over the family’s financial difficulties.”

    She allegedly told detectives she did not want her son to grow up “with these struggles” so she strangled him with her husband’s belt as he slept.

  31. The Great Pumpkin says:
  32. The Great Pumpkin says:

    10% to 20%

    How many U.S. service support jobs, like software developers, human-resources professionals and payroll administrators, could move overseas in the next decade, according to Nicholas Bloom, an economist at Stanford University.

  33. Phoenix says:

    Glowing reviews.

    Ruth DiRienzo Whitehead, Keller Williams Realtor
    400 Horsham Rd #108, Horsham, PA

    Ruth was absolutely amazing throughout the entire home buying process. She is so helpful and knowledgeable, helping us search for our new home. With the volatile market, she walked us through with every obstacle that went our way. During …More
    Response from the owner 5 months ago
    Thank you ! It was a pleasure working for you. Your home is perfect!

    Positive: Professionalism, Value
    Ruth is wonderful! When the sale of our home suddenly fell through before the closing date and we had to scramble to get the house listed quickly – while having already made the move out of state, Ruth stepped in and quickly and efficiently managed every detail and step from staging the house, having professional pictures taken, and everything else that was needed for listing. The staging and photography groups that she worked with with were great and we were very happy with how the house was presented for sale. From the moment you start working with her, Ruth is a constant support, project manager and true partner in the sale. She regularly communicates updates and is always just a call away. She is dedicated, helpful, detail oriented, responsive, fair, and in our experience she was the epitome of “goes above and beyond”. Trying to manage a move when you are in a different state is stressful, but Ruth was always on top of things and made the whole process from start to finish as stressless as selling your house can be. I truly can’t thank her enough for all of her hard work and would not hesitate to recommend her to anyone.

  34. The Great Pumpkin says:

    The Hotel and Gaming Trades Council, a New York labor union, has reached a deal with hotel owners that will boost the wages of hospitality workers by $7.50 an hour, the largest increase in the union’s 100-year history.

  35. 3b says:

    Phoenix: It takes a special kind of evil to kill your own child.

  36. Fast Eddie says:


    That woman was a realtor.

  37. Fast Eddie says:

    In case any of you want to contact her to view some houses:

  38. Phoenix says:

    Being a realtor, she knew her son would never be able to afford a house in the future and just wanted to put him out of his misery.

  39. Phoenix says:

    and a landlord to boot:L

    I purchased my first home, I became interested in the ability to create passive
    income. One way to do this is through having rental properties which I
    currently own.

  40. Bystander says:

    I love Keller Williams. Quirky but amazing multi-instrumentalist and guitarist. Hope to see him in Colorado this summer. Child-killing realtors who work at Keller Williams..not so much

  41. Bystander says:

    Lol, Gary…I needed that laugh today. Creeping Death would be cool. Lots of black t-shirts at open house.

  42. Libturd says:


    When times are tough, we all have to do a bit of belt tightening.

  43. Jim says:

    Has anyone received their ANCHOR checks? My son has gotten his , along with a few neighbors . I have not gotten mine, maybe I should really be asking if anyone HAS NOT gotten their check yet? Ironically I just sent $2,393.00 to state for my taxes 2021.

    Let me know, Thanks, Jim

  44. Libturd says:

    I got my $1,000 about a month ago.

  45. Mike S says:

    Did not get mine yet

  46. joyce says:

    Juice Box,
    From yesterday, where did you read about a 10-story building in Seaside? That’s crazy. Admittedly, it’s been a while since I’ve been there but isn’t that more than double every other structure in Seaside Heights and probably all neighboring towns as well?

  47. joyce says:

    Thanks. I was including “Karma” in my searches and was coming up empty. Sounds like this will be near the old Karma but a different property, still crazy.

  48. Grim says:

    Memphis unanimously decides to send Pearson back to the statehouse.

    Tennessee republicans probably didn’t see that one coming.

  49. crushednjmillenial says:

    I always thought it was weird that NJ didn’t have more high rises along its beaches. Just Long Branch, Asbury Park and AC.

    Comparatively, Virginia Beach has highrises near the beach. Obviously, FL is loaded with them.

  50. chicagofinance says:

    Question to Phoenix: if there is a person who shows respect to Mayor Vaz’s authority, is that considered a Vaz deference?

    Juice Box says:
    April 12, 2023 at 4:08 pm
    Joyce google still works..

  51. Phoenix says:

    So, did it happen?

    A municipal judge from Mercer County is accused of violating judicial conduct after a law clerk says he touched her thigh inappropriately, according to a complaint filed by a state advisory committee.

    Two New Jersey police chiefs – one retired, the other suspended – are separately charged as sexual predators within their departments.

  52. Phoenix says:

    Sure, with a consent we can clip, cut, cauterize and castrate him.

  53. BRT says:

    We got our anchor

  54. Phoenix says:

    Someone should take her out with her cemetery realtor and have her select her future home. Arrogant old goat retire already.

    “California Senator Dianne Feinstein, 89, asks to be temporarily REPLACED after fellow Democrats called for her to resign over month-long medical absence”

  55. Hughesrep says:


    Check here:

    I got mine before it even got to approved status, so take it with a grain of salt. Got it early this week.

  56. Phoenix says:

    Of course he did. Every once in while Trump, maybe accidentally, actually tells the truth.

    Trump suggests BIDEN blew up the Nord Stream pipeline

  57. DontTrust Fanatics says:

    Well it looks that they are hot on the trail of the leaker. As always fanatics can’t be trusted.

    The man responsible for the leak of hundreds of classified Pentagon documents is reported to be a young, racist gun enthusiast who worked on a military base, and who was seeking to impress two dozen fellow members of an internet chat group.
    The Washington Post interviewed a teenage member of the group, who described the man, referred to by the initials “OG”, from their online correspondence, and shared photographs and videos. The Post also viewed a video of a man identified as OG at a shooting range with a large rifle.
    “He yells a series of racial and antisemitic slurs into the camera, then fires several rounds at a target,” the report said. OG told fellow members of the same internet group that he worked on a military base, which was not named in the report, where his job involved viewing large amounts of classified information.

  58. Phoenix says:

    As always fanatics can’t be trusted.

    Please tell me who can be trusted- the housewife cop union leader selling fentanyl? Either of the last two lying presidents? The female teacher that is hooking up with your fifteen year old? Your lawyer, your realtor, your clergy, your spouse?

    Charlie Javice? Elizabeth Holmes? Yeah, there was a time when you could trust a woman over a man-it’s why Alexa and Siri are female voices. It’s why female voices are used in drug commercials. To disarm you. But no, they are no more trustworthy than men are. Hell, some realtor just strangled her 11 year old son with a belt.

    So there you have it. Trust but verify.

    As for the fanatics, well, they are just a subset of Americans, and I would guess as many of them are as trustworthy as a same amount of random people in a Walmart or clergy in a religious institution.

  59. Juice Box says:

    Don’t you think the FBI could have traced who that person was by now?

    What you are seeing is an information warfare campaign on the internet, targeted at the Russian youth. The Russian youth are all on Discord and other available gaming channels. World of Tanks, XBox, Playstation and other PC based voice and chat is all still available and has not been shut down, still available for play but no new purchases per the sanctions.

    What is happening now is the spreading information on channels beyond what is censored and outright blocked in Russia, like Twitter and Facebook and Google, and all western news sources.

    Another example is the recent UNCENSORED beheading video that was spread far and wide on Telegram which is the Russian equivalent of Twitter. I am surprised the Russian Durov brothers who are hiding out in Dubai are still breathing for allowing that video to stay online.

    As expected the Russian government has just voted and changed a bunch of laws this week to speed up their war effort as they now are going to raise an additional Army of 400,000 conscripts mostly young men who have avoided their draft so far. They will be forced into service and will be on the front lines in the coming weeks.

    Today’s latest LEAK as reported in NY Times is NSA methods and CIA gathered intel. This is not something found on a military base by some 20 something civilian worker shifting through filing cabinets of printed documents.

    “the New York Times reported, adding that the leak included 27 pages detailing how American spies have gained access to all aspects of the Russian intelligence apparatus and military command structure.”

    The entry, dated Feb. 28 in a document with a series of updates about the war in Ukraine and other global hot spots, appears to be based on electronic intercepts collected by American intelligence agencies.

    Each disclosure of classified documents has the potential to reveal additional methods and means of intelligence gathering. The documents do not appear to contain much, if any, information from human sources, suggesting the original leaker may not have had access to that more highly classified material. Instead, much of the material is labeled as coming from communications intercepts.

    Taken together, the documents underscore several of the overarching reasons why, many analysts believe, President Vladimir V. Putin of Russia has failed to secure a military victory in Ukraine after more than 13 months of war.

    Among them: infighting and finger-pointing among Russian agencies responsible for different aspects of the war, including the F.S.B. and the Defense Ministry. The leaked entry about the casualty numbers provides little context for the intelligence officials’ finding, but it reports that the F.S.B. is questioning the Defense Ministry’s own casualty count in discussions within the Russian government.”

    “F.S.B. officials, the document says, contend that the ministry’s toll did not include the dead and wounded among the Russian National Guard, the Wagner mercenary force or fighters fielded by Ramzan Kadyrov, the strongman leader of the southern Russian republic of Chechnya. The sundry fighting forces that the Kremlin has deployed in Ukraine have sometimes acted at cross purposes, further complicating Russia’s military effort.”

    “The F.S.B. “calculated the actual number of Russians wounded and killed in action was closer to 110,000,” the document says.”

    “he document does not specify the casualty figures that the Defense Ministry is circulating within the government. The last time that the ministry publicly disclosed a death toll was in September, when the defense minister, Sergei K. Shoigu, said that 5,937 Russian troops had been killed since the war started.

    American officials have previously estimated Russian losses at about 200,000 soldiers. Another leaked document reports the Russians had suffered 189,500 to 223,000 casualties as of February, including up to 43,000 killed in action, compared with 124,500 to 131,000 Ukrainian casualties, with up to 17,500 killed in action.

    The new documents also provide fresh details about a very public dispute in February in which Yevgeny V. Prigozhin, the business mogul who runs the Wagner force, accused Russian military officials of withholding urgently needed ammunition from his fighters. Mr. Putin attempted to resolve the dispute personally by calling Mr. Prigozhin and Mr. Shoigu into a meeting believed to have taken place on Feb. 22, one document reports.”

    Information warfare.. Spend five minutes on Telegram too see that war in real time.

  60. Juice Box says:

    Phoenix – Ozempic and Wegovy and Saxenda..

    Novo Nordisk have a lock right now the only FDA approved drugs for obesity and the stuff is flying off the shelves at the pharmacies. Don’t let their sky high valuation deter you from buying what could be a red-hot growth stock to own for years.

    It will take that long for the side effects to start killing women before the stock crashes. Will it be a repeat of like Pen-Phen, nothing like weakening heart valves kill drug sales.

  61. Jim says:

    Hughesrep says:
    April 13, 2023 at 5:22 am

    Thanks for the information! turns out it was directly deposited into my checking account, I never gave them the account #, but my wife thinks they got it from SS. That is the only thing that I get direct deposited to my account.
    Thanks again!

  62. BananaJoe says:

    Is it okay to disrupt the legislature or not. Another instance the left wants it both ways. And the tell of course that it’s baloney controversy when they brought race into it. The last refuge of a scoundrel.

  63. Juice Box says:

    BTW the information warfare is so pervasive Russian State TV had to make a cover for it.

  64. Bystander says:

    No Banana..that is patriotism and Faux News has destroyed it by creating xenophobic bigots for decades.

    “last refuge of a scoundrel.”

  65. BananaJoe says:

    No, you are describing the left and their obsession with identity. That and the special brand of stupidity that came along with it have gotten us to where we are now. They even have their own flag.

  66. Phoenix says:

    Ahhh, and all along the homeless, the poor, etc was the reason this man was killed.

    Looks now like one of his homeys disemboweled him.

    San Francisco police arrest fellow tech exec for murder of Cash App founder Bob Lee

  67. Phoenix says:

    You, sir, have taken the bait. Hahaha.

    The whole “woke” thing is just a distraction so those in power can take what they want while you hold you d in your hand and remind yourself what it means to you.

    Always follow the money.

    BananaJoe says:
    April 13, 2023 at 9:52 am
    No, you are describing the left and their obsession with identity. That and the special brand of stupidity that came along with it have gotten us to where we are now. They even have their own flag.

  68. Juice Box says:

    Nima Momeni. is the stabber

  69. Phoenix says:

    Are you afraid they are going to “turn you?”


    Speaking from experience, I find those who orient that way to be the least dangerous.

    I have never feared one. But the others…..

  70. BananaJoe says:

    I’m absolutely with you on the woke conspiracy. Woke has some powerful backers. It’s the ultimate weapon of mass distraction. It’s divided people so far that they were able to install a vegetable in the White House.

  71. Juice Box says:

    At least Amazon picked a cooler name.

    Amazon Web Services is launching the new Bedrock AI service.

  72. The Great Pumpkin says:

    If you are a young person in your teens or early/mid 20s, you should be adamantly opposed to work from home

    Whether you like it or not, the first couple jobs out of college is where you build some of your most important relationships – this ultimately becomes the foundation of your professional AND social network.

    If you do not have the opportunity to see the people you work with on a daily basis, your opportunity to develop these critical relationships is massively hindered.

    I myself spent 80 hours a week in the office during my first several years on Wall Street, but I wish I could turn the clock back and use that to spend more time face to face building more and better relationships with those people around me.

    Most of my best/closest friends to this day were from the workplace or from the finance world, many who have gone to do great things. I would have never had the opportunity to develop these relationships without the benefit of having a full office 5 days a week.

    Remember, you only get to be young once – don’t spend it at home isolated from the rest of the world. Go out there and establish relationships – you absolutely won’t regret it.

  73. Bystander says:

    WFH and remote worker are too different things, dingus. People who want remote will probably always make concessions to stay at home. The battle ground is amount of WFH. Most people are doing 1-3 days but now JPM pushing 5 days. That is BS. You can forge relationships 1-2 days a week. This is not even about relationships. Big wigs at WS and city giv have a lot personal wealth vested in NYC REITS, restaurants and retail. They want people back in to spend and tax. Get real.

  74. Bystander says:


    I don’t like over the top woke focus either but it is a sideshow. Go shoot up Bud light cans and shutdown about Disney but it is not patriotism and right is clearly ok with business interference. I don’t know young people today but clearly their influences and ideals are different than yours or mine Marketing people are not fools. This is about sales, end of story. You are probably too old to matter in Busch’s future. They want to sell seltzer and fruity stuff to younger gen. Go be pissed but don’t cry to everyone that you are fighting for freedom and patriotism. You are not.

  75. Bystander says:

    If we talking about cultural norms upending society , was introduction of Playboy in the 50s better? You guys harkan back to good ole America yet I bet everything ties back to that decision during 50s. Business and govt saw a lot of money and it opened up floodgates of sexuality and pron then birth control, women lib, gayness, interracial taboos. The money created more focus to all of it. Now with social media, the control of info, ability to form thought packs have changed last two gens. Now you want to blame libs but decision was made in glorious conservative 50s. I agree with decision. Repression is never the way

  76. Phoenix says:

    Instead of focusing on wokeness how about making houses more affordable for somebody less than 60 years old?

  77. BananaJoe says:

    Yes it’s about money or in the case of politicians power. By and large, business execs don’t give a fvck about woke. Joe certainly does not. He has no principles. But there is a society price that is paid.

    Are you talking about Disney again? I don’t see an ideological issue. If you decide to become a partisan company then don’t then run and hide behind corporate meddling. The media wants to make it about desantis.

  78. Bystander says:


    Bitcoin and Eth..younger gen all in and will buy homes cash. Talking to a guy who does tax returns around college campuses and he said she was floored by number of college kid with 200 to 300k income. Anecdotal but look at crypto surge. Free money by Fed and it is all surging again

  79. The Great Pumpkin says:

    39% of home buyers are baby boomers in 2023, an increase from 29% last year.

    Millennials decreased to 28% in 2022, from 43% in 2021.

    Generation Z represents 4% of home buyers.

    Baby boomers were also the largest home seller generation, rising to 52% in 2022, from 42% in 2021.

    (According to a study by the National Association of Realtors)

  80. OC1 says:

    “If you decide to become a partisan company then don’t then run and hide behind corporate meddling.”

    SCOTUS has determined that corps have free speech rights. If corps have the right to advocate for deregulation and low corp taxes, then they also have the right to criticize other gov policies.

    Free speech is not just the stuff you agree with.

  81. BananaJoe says:

    Sure but don’t be surprised if you lose favoritism. What do you think world happen to a church or hospital if they became political.

  82. OC1 says:

    “Sure but don’t be surprised if you lose favoritism. What do you think world happen to a church or hospital if they became political.”

    Individuals are free to patronize or not patronize any business they want to, for whatever reason.

    But governments shouldn’t target businesses solely because they voice opinions that differ from those currently in power. Just my opinion.

  83. Bystander says:


    Disney and Busch are partisan to growing their sales with younger gen. Just like the left should have shut up about not making cakes for gay wedding. Same damn issue. The right should give up beer and Disney…sure. DeSantos and Kid Rockhead should STFU but this is about attention and “someone is looking out for us fine Christians”

  84. joyce says:

    It’s very naive to say churches and hospitals aren’t political.

  85. Juice Box says:

    Just picked up 100 lbs of uncoated tall fescue grass seed from Tractor Supply. Good price on the good stuff screw Lowes and Home Depot. My lawn pretty much died last summer and I am going to overseed it with a machine this weekend as it is warm enough.

    While we were there I asked about the live baby chicks for sale, as they had them last year and my son’s friends have a coop in their yard. Seems Monmouth county made Tractor Supply stop selling live baby chicks. Some baloney about no live stock. Seems too many people were buying the chicken coops and chicks. I bet the neighbors were complaining about all the chicken coops in burbs.

    All the towns around here recently passed an ordinance up to 4 hens allowed. Why is the county even getting involved there are somewhere around 900 active farms in our county.

  86. Juice Box says:

    Why would the Massachusetts Air National Guard have all that secret and even top secret information in printed format? Makes zero sense other than gross incompetence that a low level E-3 airman would even have access.

  87. Phoenix says:

    To serve and protect:

    Ex-Kansas police officer pleads guilty to string of sex crimes, assaulting 10 females

  88. Very Stable Genius says:

    Thomas has single-handedly destroyed the integrity of the nation’s highest court.

  89. Very Stable Genius says:

    “ Not just “inappropriate,” like private jets and fancy vacations––Clarence Thomas clearly, knowingly broke a federal law. His billionaire pal paid him and his family $133K in 2014 for their house (and 2 lots) in Savannah, and Justice Thomas never reported it, as the law requires.”

  90. The Great Pumpkin says:

    Bitcoin and ETH ripping!! ETH call is working…now my other convictive call on DNA. XBI sector seems to be consolidating and ready to run…look at the chart.

  91. The Great Pumpkin says:

    Declining logistics costs are helping ease inflation pressures in supply chains. U.S. supplier prices fell in March by the most in nearly three years, the WSJ’s Gabriel T. Rubin reports, with the producer-price index sliding a steeper-than-expected 0.5% from the month before. The measure marks the latest sign that pandemic-driven strains, from rising raw materials prices to shipping bottlenecks, that have sent corporate costs soaring are now receding. Supplier prices rose 2.7% in March, down significantly from last year’s highs but still above prepandemic levels. Commodities prices have been falling and buyers are starting to see the impact of tumbling logistics prices. The Labor Department’s index for transportation and warehousing of finished goods dropped 2.4% from February, the fourth straight monthly decline, and was down 3.8% over the past year. That suggests falling trucking rates, diesel prices and other freight transport measures are cascading through supply chains.

    U.K. retailer Tesco says “unprecedented” inflation across its supply chain will hit its profits this year. (Financial Times)

    Amazon is looking to areas such as tech innovation and grocery sales for expansion as it resets its logistics network for a changing economic environment. CEO Andy Jassy writes in his second annual letter to shareholders that the e-commerce giant has faced one of its “harder macroeconomic years in recent memory,” the WSJ’s Sebastian Herrera and Dean Seal report, but the company is focused on areas that could jumpstart new growth. Those include international business, but the domestic U.S. distribution network that has been the target of cutbacks remains under stress. In his letter, Mr. Jassy also says Amazon is looking to optimize its network and battle the high cost of getting products to customers. As part of that push, Amazon is moving away from its national fulfillment network and toward a more regional model to reduce the costs and extended delivery times associated with cross-country shipping.

    A union report says federal data shows Amazon warehouse workers suffered serious injuries at twice the rate of employees at comparable facilities. (CNBC)

  92. The Great Pumpkin says:

    All the inflation was sourced in supply chain driven black swan events. Inflation is always a monetary phenomenon.

  93. The Great Pumpkin says:

    Why I am in stocks that have already been slaughtered…DNA. This final flush will be the big names of safety. Lemmings ran it up.

    “Huge bubble in this market in safety stocks when slow growth companies are more bubbly than a growth company like $TSLA. $MCD has a 30 P/E and low growth. That is just part of the mega bubble in safe haven stocks. Even big cap pharma is super bubbly.”

  94. Grim says:

    Nima Momeni. is the stabber

    Relationship gone wrong? Why else does an IT bro stab his wealthy and well connected friend? Sure, could as easily been a deal gone really bad, and not in Momenti’s favor. Stabbing someone to death isn’t really standard VC practice, you aren’t going to salvage a career after something like that. Gotta be more to it.

  95. Juice Box says:

    re: “Relationship gone wrong?”

    Seems that way he left his wife and kids in San Fran in 2019 and moved to Miami…

    I quote Sopranos “If you cut down a hundred trees, you are not a lumberjack. But if you suck one dick, you’re a cocksucker.”

  96. Very Stable Genius says:

    Peter Thiel

    Grim says:
    April 14, 2023 at 9:18 am
    Nima Momeni. is the stabber

    Relationship gone wrong? Why else does an IT bro stab his wealthy and well connected friend? Sure, could as easily been a deal gone really bad, and not in Momenti’s favor. Stabbing someone to death isn’t really standard VC practice, you aren’t going to salvage a career after something like that. Gotta be more to it.

  97. Grim says:

    Flying back this morning from the west, curious to see the fires across NJ.

    Usually the north approach to Newark goes over Sussex/Passaic – going to try to get a glimpse of the 900 or so acre fire in West Milford.

  98. The Great Pumpkin says:

    Can smell the fire here and there. My friend lives there…getting nervous.

  99. PumpkinFace says:

    I guess you don’t realize that those two sentences are contradictory.

    The Great Pumpkin says:
    April 14, 2023 at 8:53 am
    All the inflation was sourced in supply chain driven black swan events. Inflation is always a monetary phenomenon.

  100. Phoenix says:

    I know someone, her teenage son is dating a young girl who texts her son about how he should ignore his parents, become a man, and listen to what she says. The mom was snooping and is furious as she is not supposed to know. Kid is/will be hooking up soon, this detail is unknown.

    So, you know me, I told her, well, your son has one choice, to hook up or not. If he does and she gets pregnant, well, this girl has all the rights. Your son has none. She wants to keep, abort, lie, never tell him, etc-she can do it all. It’s your gender that fought for my body, my choice. Now you understand what life is like for a man.

    Only women who have sons understand this. Sometimes the hard way.

  101. Phoenix says:

    Maybe he said something about Momenti’s sister he didn’t like…..

    Very Stable Genius says:
    April 14, 2023 at 9:38 am
    Peter Thiel

    Grim says:
    April 14, 2023 at 9:18 am
    Nima Momeni. is the stabber

    Relationship gone wrong? Why else does an IT bro stab his wealthy and well connected friend? Sure, could as easily been a deal gone really bad, and not in Momenti’s favor. Stabbing someone to death isn’t really standard VC practice, you aren’t going to salvage a career after something like that. Gotta be more to it.

  102. Mike S says:

    I could smell the fire in central essex co this morning. Seems its 55% contained now. Hopefully it killed thousands of ticks as that place is swarming with them…

  103. Phoenix says:

    A real hottie. But one that breaketh the law. I’d bet with her looks she won’t get jail time, just lose her license.

    Female javelin coach, 26, accused of having sex with a 17-year-old boy on the high school track and field team after ‘texting him at 2am and inviting him to her home’ – before pair ‘had a 17-month relationship’

  104. Grim says:

    Is the sport of javelin so complex and prevalent that it requires a dedicated coach?

    Suspect there might be more nuance than “throw pointy stick”, but some on now.

  105. joyce says:

    Ignore everything else Bernie Sanders says for the moment, “the price will depend on the value in each country.” And because the drug companies and their lobbyists made drug importation illegal. I’m a bit stunned the CEO was so honest.

  106. The Great Pumpkin says:

    Bought more DNA today at 1.29. Up to 19,122 shares at 1.90 avg.

  107. Bystander says:

    Did you say DNR?

  108. Juice Box says:

    Gay websites were claiming Bob Lee as one of their own, they may have to retract that as it seems to be some kind of honor killing.

    Moment stabbed him to death because his married sister was sleeping with Bob. Why didn’t he stab his cheating sister instead?

  109. Grim says:

    Honor killing? For fucks sake nobody could have got that one.

  110. Chi at MSG for Depeche Mode says:

    There are 4 coaches. Track sprinter and distance, and field jumpers and throwers

  111. Chi at MSG for Depeche Mode says:

    Juice. Speaking of gay.

  112. Phoenix says:

    I knew it was about that sister.

  113. Phoenix says:

    Banging a married woman I’d say that he got what was coming to him. She can engrave a nice comment about him on his tombstone.

  114. Juice Box says:

    re: Chi at MSG for Depeche Mode

    My neighbor dumped $1400 to go see Bruce with his wife tonight sold out…

    I have seen him a dozen times, I would never pay that kind of $$ for a concert. The most I ever paid for a ticket was SuperBowl in 2012 when the Giants beat the Pats and that was $800 but well worth it.

  115. Juice Box says:

    Heck I did not even pay to see Woodstock ’94…. We simply walked in on Saturday. The crowd was 350,000 and ticket sales were only 1/2 that. Trent Reznor and his band NIN joined us in the muddy mosh pit on Saturday and then went on to do an epic show. My brother broke his collar bone in the mosh pit that evening and still stayed through Sunday.

    Sunday Dillon and the the Red Hot Chill Peppers and Green Day so no way we were leaving…

    Those were the days, nearly 30 years ago now so I have become Archie Bunker….

  116. Juice Box says:

    Speaking of Elon his rocket got the green light may launch as early as Monday as it is already on the launch pad.

    If you did not know this Rocket Starship is way way way more powerful than anything ever built it will be used to fast track a moon mission perhaps even sooner than anyone thinks. A crewed mission was planned A crewed flight will occur as part of the Artemis 3 mission.

    Will they move that up before the election? They said late 2025 so who knows.

  117. grim says:

    Damn, I’d fly down to Padre for that

  118. The Great Pumpkin says:

    Some of you guys must have been so fun to hang out with during the 90s/2000s. That whole late 60s to early 2000s was special. Truly was.

    Juice Box says:
    April 14, 2023 at 7:06 pm
    Heck I did not even pay to see Woodstock ’94…. We simply walked in on Saturday. The crowd was 350,000 and ticket sales were only 1/2 that. Trent Reznor and his band NIN joined us in the muddy mosh pit on Saturday and then went on to do an epic show. My brother broke his collar bone in the mosh pit that evening and still stayed through Sunday.

    Sunday Dillon and the the Red Hot Chill Peppers and Green Day so no way we were leaving…

    Those were the days, nearly 30 years ago now so I have become Archie Bunker….

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