From Axios:
How the pandemic transformed the housing market in 5 years
Home prices skyrocketed
Cheap borrowing costs and remote work unleashed a homebuying frenzy early in the pandemic — and sent prices soaring.
By the numbers: The median U.S. home price in January was $418,000, up around 45% from $289,000 five years ago, according to Redfin.
- Those who own their houses sit on a mountain of wealth.
The big picture: A stubborn housing shortfall is keeping prices high, even as buyers have retreated, with 2024 sales hitting a nearly 30-year low.
1
From Fortune:
Boomers are setting up a showdown with millennials, aging in place and plunking down hundreds of thousands on renovating their homes
The housing world is a bit of a generational war zone, mostly between baby boomers and millennials.
Baby boomers make up more than a third of all homeowners, and more than half don’t even have a mortgage, Eric Finnigan, vice president of demographics for John Burns Research and Consulting, previously told Fortune. So in our current environment, where mortgage rates skyrocketed from historic lows throughout the pandemic to a more than two-decade high in October 2023, being mortgage-free is like hitting the mother lode. It’s partly why boomers aren’t moving—because why give up no mortgage rate, or a substantially lower one, for one that’s in the 6% to 7% range, plus a higher monthly payment?
On the other hand, some millennials, who haven’t even bought their first home, are looking at a much different housing market than before the start of the pandemic—one where the salary needed to buy a starter home has almost doubled, the cost of owning a home is the highest on record, and low inventory levels are much more dire.
And baby boomers are sitting on particularly large homes that millennials who are starting families need. A 2024 Redfin analysis from found empty-nest boomers own 28% of the country’s largest homes, those with three bedrooms or more; and millennials with kids own only 14%. As mentioned earlier, there’s simply no financial incentive for the former group to let go of their homes. But it wasn’t always this way. “The landscape has transformed over the last decade: 10 years ago, young families were just as likely as empty nesters to own large homes,” the analysis read.
So optimistic…
https://www.dailyrecord.com/story/opinion/2025/03/09/nyc-congestion-pricing-is-creating-an-opening-for-nj-office-parks-opinion/80321168007/
Grrrr
A friend who drives into Manhattan from Monmouth County said the congestion pricing did ease traffic. His horrible commute to 30th and 1st Ave just became a bit more tolerable. He thinks it’s most likely uber drivers now avoiding lower Manhattan.
BREAKING NEWS!
UPDATED MON, MAR 10 2025
5:53 AM EDT
Dow futures drop 300 points as selling continues on Wall Street: Live updates
And baby boomers are sitting on particularly large homes that millennials who are starting families need.
Guilty? Where am I going? Berkeley Estates? Whiting? A quad? Who will feed the squirrels? I have Timmy the squirrel, Blitz and Ruby, the Cardinal couple and Mama the deer who had babies in my yard. And who will give Chex Mix to the Gen Z’ers? Who will feed Aubrey, Cricket, Brooks, Corbin, Vernon and Tinsley?
White Trash Eddie says:
March 10, 2025 at 8:16 am
And baby boomers are sitting on particularly large homes that millennials who are starting families need.
Guilty? Where am I going?
How about the Villages in Florida?
Plenty of old man sex with fellow Republican women.
I went into the office last week – making it more of a regular thing. Parking lot was full, had to go to the reserve parking area. Train numbers rivaled pre pandemic numbers. I’m getting more into the idea of a regular routine, few days per work trek into the office. I’m beginning to think work isolation is not healthy.
Another 24 hours have passed. Has the war ended , or did UltaBeautyOrangeFoundationFacePussyGrabber fail again?
I never gave him a 24 hour time frame, he did.
PeyronieMan better start moving.
I mean, he is 100x faster than CryptKeeperJoe. It’s funny, practically no one even notices he is gone. And no one is going to miss him either. F’n turd that needed to be flushed.
America elects the most f’d up people.
Fast Eddie says:
March 10, 2025 at 8:20 am
I went into the office last week – making it more of a regular thing. Parking lot was full, had to go to the reserve parking area. Train numbers rivaled pre pandemic numbers. I’m getting more into the idea of a regular routine, few days per work trek into the office. I’m beginning to think work isolation is not healthy.
That’s because you are old. No TikTok brain. But also, totally backward thinking, when gas was less than a dollar.
Times change old man. The youth aren’t wrong, they just grew up in the world Boomer created for them. Not their fault, it’s yours. Everything around you that is a problem is all of your work.
Boomer did this ^^^^^
The Trump Effect-
Poland expanding their military to 500,000 and may want access to the French nuclear umbrella. Meanwhile Rheinmetall has tentative plans to build three factories in the Ukraine. All this will take years of course. The current German military only has a 50% readiness level. The U.K. military is somewhat small but is professional and also with fairly low stockpiles of munitions. French military is a bit larger. Can the EU politically meet the challenge and really increase military spending with demographics working against them? What happens to their social services umbrella with this shift in spending?
What happens to their social services umbrella with this shift in spending?
Ursula VonDer Lying don’t give a fucc about that. She is a rich bitch. Bye bye to the light European work schedules they have had for years, the pensions, the time off for having children, the great healthcare.
All of that came from cheap Russian gas and the fact that they got along fine as neighbors. Until Victoria Neuland and her cohorts upended the apple cart.
Sorry Germany and Poland. You had a sweet deal. Could have kept it as well. Look where you are now. Acting like you were married to Europe, but stepping out and fornicating with America. It was fun to cheat. But you have been caught.
Enjoy the end result. Sucker.
re: ” Train numbers rivaled pre pandemic numbers. ”
Let’s go to the video tape.
Ridership Data last week… % = pre- pandemic
Date Subway Pre Bus Pre LIRR Pre MetroNorth Bridges Tunnels Pre SI Ferry
01/03/2025 3,413,021 66% 1,225,317 60% 203,652 67% 163,577 61% 846,981 97% 6,243 38%
01/04/2025 2,315,493 86% 774,643 65% 117,004 120% 100,579 77% 788,882 103% 2,672 65%
01/05/2025 1,791,020 86% 618,750 67% 96,683 117% 79,761 88% 726,411 106% 2,039 74%
01/06/2025 3,436,491 67% 1,238,969 61% 229,503 76% 202,575 75% 792,617 91% 6,887 42%
01/07/2025 3,781,536 74% 1,275,936 62% 245,930 81% 220,945 82% 842,968 97% 7,409 45%
I’m sure the Polish youth are just yearning to be forced into conscription in Poland.
This is my rifle, this is my gun, this is for fighting, this is for fun.
Boomer fucced you in the ass with his big greedy dildo. Boomer off into the sunset loaded with cash, you off to the front lines to die or come back as a cripple.
A tale as old as time.
Chad
It’s about time Europe has to change their social umbrella and defense. It costs over 12k a year in tuition, fees and books for a college kid to live at home and go to a state school in Texas. Same kid and same lifestyle living in France or germany would be under 1k a year for a government backed school. Except those countries expect my kid and tax dollars to defend them.
I hope trump goes after europes healthcare system too. Why do meds in the US cost 10 times what they cost in Europe? We’re either getting way overcharged or we’re subsidizing europes healthcare too or both.
UPDATED!
MON, MAR 10 2025
8:44 AM EDT
Dow futures tumble nearly 500 points as market sell-off intensifies on recession fears: Live updates
Juice Box says:
March 10, 2025 at 8:45 am
re: ” Train numbers rivaled pre pandemic numbers. ”
What about the price? How much is it now to take the train now?
I’m sure it will get jacked up every year to make sure Boomer train pensions are fully funded.
meh-formatting..
NYC Ridership Data from Last week.. Monday – Friday. We are not back yet..
Date Subway Pre-Covid
01/03/2025 3,413,021 66%
01/04/2025 2,315,493 86%
01/05/2025 1,791,020 86%
01/06/2025 3,436,491 67%
01/07/2025 3,781,536 74%
NYC Buses Pre-Covid
01/03/2025 1,225,317 60%
01/04/2025 774,643 65%
01/05/2025 618,750 67%
01/06/2025 1,238,969 61%
01/07/2025 1,275,936 62%
LIRR Pre-Covid
01/03/2025 203,652 67%
01/04/2025 117,004 120%
01/05/2025 96,683 117%
01/06/2025 229,503 76%
01/07/2025 245,930 81%
Metro-North Pre-Covid
01/03/2025 163,577 61%
01/04/2025 100,579 77%
01/05/2025 79,761 88%
01/06/2025 202,575 75%
01/07/2025 220,945 82%
Bridges and Tunnels Pre-Covid
01/03/2025 846,981 97%
01/04/2025 788,882 103%
01/05/2025 726,411 106%
01/06/2025 792,617 91%
01/07/2025 842,968 97%
SSI Ferry Pre-Covid
01/03/2025 6,243 38%
01/04/2025 2,672 65%
01/05/2025 2,039 74%
01/06/2025 6,887 42%
01/07/2025 7,409 45%
Trump ‘an agent of chaos and confusion,’ economists warn —
AN HOUR AGO
Holly Ellyatt
Futures tied to the Dow Jones Industrial Average slipped 479 points, or 1.1%.
S&P 500 futures fell 1.4%,
while Nasdaq 100 futures dropped 1.7%.
Last week,
the S&P 500 lost 3.1% for its worst weekly mark since September.
The Dow fell 2.4%,
while the Nasdaq Composite shed 3.5%.
Beer,
Stop trying to think, you’re going to blow up linear liberal logic.
Why do meds in the US cost 10 times what they cost in Europe?
Oh, you are getting overcharged.
Ask your greased politicians. Every one of them on the corporate dole. They have such a hard on for it they stay in politics until they die there.
You have this because the people you vote for don’t work for you, you work for them.
Europe doesn’t need to spend more on a military, unless their politcians (all of whom have been caught on Pegasus so their secrets are out) follow the American playbook. Someene has dirt on all of them. They are falling in line for that reason.
The people there didn’t ask for your help. It’s the Green T Shirt and his handlers that keep begging for America to fight a war they started together. SlowJOe was wanking off to that war, his buddies in Scranton making the shells and the profit.
Hold my beer says:
March 10, 2025 at 8:48 am
Chad
It’s about time Europe has to change their social umbrella and defense. It costs over 12k a year in tuition, fees and books for a college kid to live at home and go to a state school in Texas. Same kid and same lifestyle living in France or germany would be under 1k a year for a government backed school. Except those countries expect my kid and tax dollars to defend them.
Fast
My wife and kids never accuse me of trying to think. They put me slightly ahead of one of the cats, but that’s because I have a thumb and can cook with the ninja foodie.
Here is a visual of the NYC Ridership data I created…
https://ibb.co/3yGYLFgN
Phoenix
Youre gloomier than normal today.
Here’s a 3 minute pick me up for ya.
I wonder if trump DM Trudeau this song?
https://youtu.be/f4VCRBWNvms?si=SoyITFa4-n6KnddI
Germany’s Rheinmetall plans to build 4 arms plants in Ukraine
Why not build them in their own country?
Hope they have good insurance for when the Ruskies blow them to bits.
Then it’s back to buying from the French.
Before today, my annualized return on my 401k this year is -0.68%. That’s with astute timing.
My returns over the last 5 years have averaged over 20%.
Thanks Donald. You are a real miracle worker.
In other news, and this is the absolute truth, another former coworker of Gator’s took their life after being let go when she was. So that’s two now.
Are we great yet?
Trump was born on first and in his near 80 year old life, barely made it to second in business. Why do people think he would make a successful leader?
DJT
21.36
-1.14 -5.07%
$TRUMP
$11.23
Both at lifetime lows.
tick, tick, tick.
And if Pumps is watching, DNA approaching delisting territory.
“Why was BlackRock down to pay an almost 80% premium(for the exit and entry ports)? Because of what it does to BlackRock’s relationship with Trump. Trump wanted to regain control of the Panama Canal, and this deal makes him look great: a major win for the government, entirely funded by BlackRock. It’s also a strategic victory for BlackRock. Once the face of ESG and DEI (policies the Republicans hated), it just flipped the script. For a few billion dollars, it recast its relationship with Trump and secured a powerful new ally.”
I see MAGA is no different than the Dems. Two cheap whores spreading their legs for pennies.
Before today, my annualized return on my 401k this year is -0.68%.
+1.67% for me. But why are we discussing gambling instead of investing? A lot of global s0cial, economic and political shake-up going on. Going to the mattresses is sometimes necessary. This president is what the country and world needed.
9:56 nonsense. He lied to
Get elected. You were duped. No one needs this idiot.
Not even noon and it’s already another wonderful day for law-abiding tax-paying citizens, as the new admin formally puts an end to the ~80% of USAID spending that was nothing more than the funneling of taxpayer money to corrupt Dem-controlled NGO’s and other entities. The way Lib and LACKS are whining you wonder if they’re just sore losers, or if they were on the receiving end of some of the corrupt spending.
Meanwhile back to reality:
The Trump administration has stopped reimbursing Illinois for a program designed to help farmers and supply fresh food to Illinois food banks.
The Illinois Department of Agriculture announced Tuesday that changes to federal funding mean Illinois is missing reimbursements for costs for the Local Food Purchase Assistance Program, or LFPA, and can no longer run the Resilient Food Systems Infrastructure Program, or RFSI.
More reality…,
America’s nearly five-year economic boom is starting to show its age.
Cracks are forming in the economy’s foundation: Layoffs are mounting, hiring is slowing, consumer confidence is eroding and inflation is picking up speed. Although all of those things would almost certainly be happening if former Vice President Kamala Harris had won the election, the uncertainty that President Donald Trump’s economic policy has unleashed is exacerbating those problems.
Cont’d
Tariffs — particularly the on-again, off-again nature of Trump’s dictates — are sowing confusion for businesses, consumers and investors alike, and they’re stoking concerns about inflation at a time when consumer prices have been stubbornly on the rise again.
Trump’s immigration crackdown threatens key industries, including agriculture, construction and health care, which have been struggling to hire. And steep cuts to federal workers and government aid could hurt the most vulnerable Americans who are least insulated from price hikes.
“Federal government job losses could be larger than expected, and laid-off workers could pull back on their spending, leading to slower job growth in other industries,” said Gus Faucher, chief economist at PNC, in a note to investors Friday. “Uncertainty about the outlook for tariffs could lead businesses to slow their hiring. And restrictions on immigration could limit the supply of labor available, weighing on employment gains over the next few years.”
Trump has delayed the bulk of his most severe tariff threats after discussions with business leaders who decried the tariffs as unfairly destructive to their bottom lines and the broader economy. But they are set to go into effect in full force April 2.
>> In other news, and this is the absolute truth, another former coworker of Gator’s took their life after being let go when she was. So that’s two now.
Lib, that sounds terrible. Sorry to hear.
Why would Traitor trump induce a recession on purpose? Maybe even a depression.
Juice, we should come back to your train ridership data in 2 years or even end of the year.
RentL0rd
NASDAQ now down 7.5% this year
Why would Traitor trump induce a recession on purpose? Maybe even a depression.
When people are financially stressed you can take advantage or steal from them.
Bye bye middle class. Just commit suicide already.
Boomer, you did this ^^^^^
For MAGA, when the market collapses, it’s somehow a good thing.
Cause MAGA can do no wrong.
All that Trump cares about is that DJT stock and that meme coin. As it continues to sink, you will see him performing more and more brazen acts (both legal and illegal) in an attempt to make the show go on. I warned you all that you were duped and now you and I will pay the price for your foolishness.
Trump as POTUS. It’s completely laughable. Electing him to a second term? We are truly idiots.
I need a bit of financial advice here. My wife can contribute a good chunk in 403b, that we have not leveraged so far. If we did go with that, we may need sit with the Voya rep and maybe put it all in bonds. Any recommendations there. One part of me says, we should just spend it… we may be living too frugally.
Plus, I am looking for an overall financial health check. Too heavy on equities.
And also take a look at estate planning.
Any recommendations for a trusted, discrete wealth advisor?
Nasty down 3 1/2 %.
Nice job Donnie.
I’m sure the poor bastards who elected you are all down large in what little retirement savings they had. Their support of MAGA will be turning very soon.
From 3 days ago.
https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0753dfc9-b865-4ef9-924a-adddd0f8026b_563x482.png
Rent,
If your net worth is up there, reach out to ChiFi. He knows his shit, even if he’s still renting. :P
Now this is pure entertainment. Oh, and I guess it’s the Russians fault due to the use of their “cocktails.”
Anti-Elon Musk demonstrations have erupted across America with protesters attacking Tesla showrooms with guns and Molotov cocktails. Be careful if you own one of these cars, an angry American might just lose their shite on you after Musk eliminated their job..
There have also been more than a dozen acts of vandalism against Tesla vehicles, dealerships and charging stations since President Donald Trump’s inauguration, according to police and local reports.
Seven Tesla charging stations were intentionally set on fire in Littleton, Massachusetts on Monday, March 3.
A Tesla showroom in Salem, Oregon was shot up with an AR 15-style rifle in February. Suspected vandal Adam Matthew Lansky, 41, is also accused of causing major damage at the same store with Molotov cocktails in January.
Similarly, four Tesla cybertrucks were set ablaze overnight at a storage lot in Seattle’s industrial SoDo neighborhood, KING-TV reported.
Trump rejects CEO pleas for more clarity on tariffs: ‘They always say that’
https://www.cnbc.com/2025/03/10/trump-greater-tariff-and-trade-clarity-is-what-all-ceos-always-want.html
In my view he has been very clear. Destroy America just like Putin wanted. Maybe deep down he wants revenge for how he was treated when he lost.
“But a lot of economists are now predicting an economic slowdown — if not recession — in the United States, and US shares are priced for endless growth, so they’re vulnerable.
But it was Trump’s reaction to the stock market slump that was really telling.
When asked if it was his tariffs that caused the market to fall, the president said it was “globalists”.”
https://www.abc.net.au/news/2025-03-10/donald-trump-and-maga-are-undoing-america-s-greatness/105027736
The amount of employment lawsuits against the government is going to be jaw dropping. Clear violations of employment agreements, the majority of which I understand were not at-will employment.
No doubt the top folks fired have already retained counsel. Can you say, with back pay?
Markets are absolutely crashing today.
Can’t say you weren’t warned.
DJT down 8%. Now that’s Truth!
Boomer Remover says:
March 10, 2025 at 10:55 am
The amount of employment lawsuits against the government is going to be jaw dropping.
Fucc the lawsuits. Wake me up when the shooting starts.
Bitcoin is at 79K.
All of those idiot Trumpers are going to turn on dar cult leader pretty quickly.
The best Trump investment was his bible.
America the aircraft has just slammed a ton of Canadian Geese.
U ain’t got Sully at the helm now.
Good luck.
Phoenix,
You are nuts.
You guys should be on the politics page of Reddit. You’ll get more eyeballs on your rage and denial. You had 50 years of the same story and are now wondering why Americans have had it with a bloated bureaucracy run by bloated politicians that do little to nothing but enhance their cause and themselves. Now, you have a generational president come in and blow the place up. Much needed! The shakeout was desperately needed. Meanwhile, the ghetto chicks, guys for Cumalla and tampon timmy types whine that it’s not fair. Symbolic gestures mean nothing and that’s all the former democrat party offered. They once had a message but have been reduced to some 60 year old woman with green and pink hair banging on a drum and singing in a key no one can recognize.
WTE,
You are right. Boomer allowed this to go on for years, both Repuke and Democrap.
But now you have a guy who goes in there and trashes everything without thinking or caring.
I give the guy credit for shaking the tree. But this could have been done every year, getting rid of the losers and grifters since the 60’s.
Boomer didn’t want it. Boomer was enjoying getting fat and rich. Boomer wanted more for themselves, and a tax break to boot.
Throwing a wrench into the system is going to create havoc. But that is what happened, and you best get used to it.
Nasdaq 14K let’s goooo!
Looks like we are heading to NorCal!
I meant to say ‘Congressional ghetto chicks’. That’s what they are. They really are stupid. It’s embarrassing. And the chick running for president was even worse. Give slo joe some credit, he fucked Schumer, Pelosi, Obammy and the ivory tower elitists really good. Throw me out? Here’s the candidate I endorse.
“Russia is a big country. Ukraine is a small country. Russia invaded Ukraine. That’s bad.”
No, sweetie, you’re bad.
“AI is two letters. It means artificial intelligence.”
She’d do herself good if she had a little artificial intelligence.
Oy.
You’re moving?
WTE 11:16, you bought the ruse.
“Burn the m’fker down” strategy also needs a complimenting “ Build the m’fker up” plan. There isn’t one on sight.
Congrats to your wife LAX
Thanks! Yeah this a big deal for her.
11:41 that’s all in the past. How’s the new guy working out?
China says FU TOO!
China on Saturday announced plans to impose a 100% tariff on Canadian rapeseed oil, oil cakes and peas, adding that a 25% levy would be placed on aquatic products and pork originating in Canada.
Question for the peanut gallery.
Should we have or not have a 100% tariff on imported electric vehicles?
12:02 sure! Let’s be certain that no one buys a thing…!
Should he great again in no time! Amish time.
US automakers cannot compete with Chinese made electrics.
That pretty much answers the question.
No one is going to be buying ANY cars.
And Rent is correct. It’s nice to shake the tree, but if you don’t have a plan, you’re only making it better for the bugs.
UPDATED
MON, MAR 10 2025
12:20 PM EDT
Dow tumbles 500 points, S&P 500 falls to the lowest since September on recession fears: Live updates
LAX says:
March 10, 2025 at 11:37 am
“Looks like we are heading to NorCal!”
Only 20% of men currently find the Dem party appealing. Assuming a good portion of that group is trannies, it’s probably fair to say the remainder are deadbeat, stay-at-home betas like LACKS, who are completely dependent on their wives, and follow along wherever their wives take them.
Small, You belong in 1930s.
It’s not just US Car companies.
12:26 yeah! How’s your life going without a woman?
Or are you too old to really “utilize” a woman the way God intended!???
Since nearly every post you make mentions “trannies” for some reason, perhaps your last sex tourism trip to Southeast Asia really left you yearning. Bahaaaaahahaha
Lib, thanks for your impartial insights, I’m at .8 % ytd, sitting at 20% stocks. So after today I’ll probably be red. I did sell all my high income funds ( junk bonds) as I was chasing yield since last July. I have a feeling those will see some losses as well.
As our leader told us this weekend, it’s gonna be big, big like you can’t imagine . Now let’s be like farmers and have some fun , it’s gonna be real fun for the farmers , is what I told them , just have fun
Oxymoron
Chad Powers says:
March 10, 2025 at 8:36 am
French military is a bit larger.
Twitter down.. It’s being attacked by hackers.
So they are trying to disrupt the Tesla car business and now hacking group Dark Storm which is anti-Israel and anti NATO is attacking x.com
What next they going to try and Wreck a Space x launch? They have two planned for today to send up a NASA Spectro-Photometer Observatory and a launch for more Starlink satellites. Wednesday is a crewed launch to the ISS…
Official state media is taken down? This feels like war.
Is that data based on actual ridership or paid fares? Case in point, look at the bus data where fare evasion is common and widespread.
Juice Box says:
March 10, 2025 at 8:58 am
Here is a visual of the NYC Ridership data I created…
Portfolio down 2.48% today. Yikes!
Trader Joe’s, brown eggs, $3.49 per dozen.
If only trader joes could build a decent parking lot in Bergen . I end up going to the one in homdel on Saturdays while my kid volunteers
In non financial news, researchers find that AI cheats when it starts to lose.
https://www.popsci.com/technology/ai-chess-cheat/
Imagine what that means to all the systems we plan to build in top of this fakeness.
We desperately needed regulation in this space not dismantling.
DJT down 10% approaching the 19s. Nasty down nearly 4%. TSLA down to 228. Maybe Musk should get the hell out of DOGE?
These two are going to go insane soon. Trump lost like 1/2 a billion today alone. Before long, he’s going to ask for his salary back proactively.
Are we great yet Gary?
Enjoy your slightly less overpriced eggs.
$TRUMP at all time low approaching the single digits.
It will be pretty funny when the cult leader’s meme coin is worth less than it cost to manufacture. After all, I heard it was minted out of 24K fool’s gold.
UPDATED!
MON, MAR 10 2025
1:38 PM EDT
Dow drops 700 points to session lows, S&P 500 falls more than 2% as market sell-off intensifies:
Live updates
BREAKING NEWS!
JPMorgan Chase economists raised their risk of a recession this year to 40%, up from 30% at the start of the year. “We see a material risk that the U.S. falls into recession this year owing to extreme U.S. policies,” wrote a team led by Bruce Kasman.
You gamblers should’ve known when to take 10% across the board. Now you’re holding or will sell at break even or slightly lower. Lick your wounds and pile back in when everything drops another 10%.
I piled out ages ago. Somehow I’m still down more than it costs to buy a new car. Imagine what Trump would have cost me if I didn’t make my money moves. You can all thank me later for rants since the election. Now just watch inflation hit as everyone’s net worth tanks.
Isn’t it great?
And I am a gambler. Just not in the markets.
Are we great yet Gary?
We’re in the process. We have leadership, someone who is willing to gut the joint and start over. Canada hates us, Mexico hates us, Europe is annoyed… that’s good. That means we’re over the target. You catch flack when you’re over the target. Trump is in there seven weeks and y’all need to be angry at something, blame someone, blame something. Seven weeks as opposed to 50 plus years of the same thing.
Trump was right when he said he could cure a disease and the left wouldn’t notice nor acknowledge it. The left illustrated their anger, disdain and resentment during the joint congressional speech. If the democrats ever said what they really believe, they may never get elected again. As it goes now, they have to come up with a new scheme to dupe the masses.
Fast Eddie says:
March 10, 2025 at 1:53 pm
“You gamblers should’ve known…”
The ones that are really going to get pounded are the gamblers that also have TDS; they’ll be the ones that not only ‘sell low’, but also pay through the nose to terminate their Tesla leases early. And who knows how many other financial mistakes they’ll make in order to show evil DJT and evil Elon how mad they are. Dopes!
The market is a bloodbath.
Elect a clown, expect a freakin’ circus….
Gary,
There were definitely some serious problems with our government and both parties were responsible for them. But our government did a lot of good both here and internationally even with all of of our warts and scars. Trump has thrown out the good with the bad which is really as dumb as maintaining the good and the bad. This is hardly an accomplishment. And while doing so, he has personally grifted like no politician before him, but likely has set the precedent for every politician after.
So tell me again, how this is either wrong, or great. You simply can’t. The market knows it, and the smart people who are actually well versed in history and economics knew it. It’s why I’ve been trying to raise the red flag to no end. Not because I like politics and the stupid rivalry between the two parties. But to warn my friends of the “show” Trump is putting on to try and maintain the values of both his DJT and $Trump coin.
You see, all of his accomplishments so far are not accomplishments at all. Unless burning bridges and lowering our quality of life are what you use as your measuring stick. And it won’t be too long before his own supporters turn on him. For now, they will give him the benefit of the doubt, since no one want to admit they were so wrong. But time will change this.
Remember, I didn’t really play the Dem good Repub bad game in the past. But MAGA. MAGA is a like a skidmark on newly purchased underwear.
In other news:
New Jersey city declared ‘capital of Palestine’ by mayor in fiery speech
Paterson is home to a growing Palestinian population with Palestinian flags and Arabic signage reportedly lining its streets.
The Market meltdown hurts all of those “intelligent” Bergen Co. folks who voted for Trump.
Libturd says:
March 10, 2025 at 2:13 pm
“Trump has thrown out the good with the bad…”
List all of the ‘good’ that has been thrown out. Does it include the $2B that was targeted for Stacy Adams phony climate change slush fund?
Anyone see the report that many of Biden‘s Executive Orders were signed using auto-pen. The thought is that perhaps Biden wasn‘t cognitively all there (possible) and some progressive staff members were the ones actually making policy using Biden‘s digital signature.
2:19 Proving once again that a diminished Biden was 10x the leader that a “fully functioning” Trump is…..
miniCons: prove she did benefit from it other than securing money for low-income households?
in the meantime, look at the TRUMP, MELANIA shitcoins, various kushner deals with mbs, excessive hotel stays of arab countries at Trump hotels, excessive consultancy salaries of Ivanka, thousands of dollars spent for Melania’s hair, several board memberships of juniors at kalshi and other places, kash patels consultancy 1M$ deal with Chinese Shein and on and on.
Only idiots comparing a rotten apple with another one without questioning why. In the meantime, they suck your blood and sweat, torment the markets and minds, make everybody enemies and stop the progress of your lives.
Simply one question: Has your standard of living improved recently? IF yes, you should be really happy for yourselves. But for majority I think I can say it is not.
You and that slush fund. Again, Stacy Adam’s like your cult leader, was found guilty of election improprieties and was fined something like $600,000. There is absolutely no evidence that any money in that supposed slush fund actually went to her. But MAGA does one thing well. LIE!
https://www.politifact.com/factchecks/2025/feb/26/facebook-posts/without-evidence-social-media-posts-claim-fraud-in/
But repeating LIEs over and over and over, until dimwits consider them the truth is what the right wing news does the best. I look at Truth Social on occasion. Really. It would have been much more aptly named Conspiracy Central or simply Wrong!
But keep repeating the Stacy Adams lie. The only one you are fooling is yourself.
Enjoy the show!
re: “Stacy Abrams”
Stacey Abrams told MSBNC’s Chris Hayes that the Biden EPA gave her nearly $2 Billion to buy people new home appliances to reduce electric bills.
One of those projects was called “vitalizing” “Desoto”.
They were buying HVAC systems for people in the town of Desoto Georgia.
55 homes got HVAC, went from window units to a full HVAC with a heat pump..
14 homes got heat pump water heaters
5 homes got new stoves
https://www.rewiringamerica.org/stories/vitalizing-desoto
Lib – There are no directors salaries, employee salaries and no stipends?
These pass thru entities really aren’t needed. The EPA can pass this money via the utilities or directly via tax deductions.
Lib, it’s been that way since Obama won the Presidency.
The O’Biden EPA “gave” her the money. How many “consultants,” cruises, new cars, lavish events and high-priced escorts were purchased? Once again, government-centric “solutions” for the “people”.
“The cost of a new HVAC system for a house typically ranges from $5,000 to $12,500”.
Let’s call it 10 grand per house. 55 houses for HVAC with 14 water heaters and 5 new stoves. Call it 600 grand total. Where is the other $1,999,400,000?
Ed – It was one of many projects. BTW a heat pump cost way more. You have to drill a several hundred foot well for the vertical ground loop tubing.
Did ya read the article I posted?
All of the answers are right there for you to read. I am not going to waste my time defending what is written in the NY Post. It would serve you better to roll up that paper into a cylinder and wipe your ass with it.
I already listed why those allegations are false. I am not going to do it a second time. Just read the politifact I posted.
These programs exist everywhere btw. Even in Red States and right here in Montclair.
https://www.montclairnjusa.org/News-articles/News/2024-Home-Improvement-Program
Stop with the lies. It’s unbecoming of you. But it’s MAGAs SOP.
https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-repair-loans-grants/ms
So who in Mississippi is running a slush fund? Please answer me.
Crickets.
Look. More slush funds.
https://www.tdhca.texas.gov/programs/homeowner-reconstruction-assistance-hra-program
So just shut the fuck up already. You are making yourself look more stupid than you are.
Next, you’ll claim we sent $50 million dollars worth of condoms to Gaza. Oh wait.
UPDATED!
MON, MAR 10 2025
2:54 PM EDT
Dow tumbles 900 points!
Nasdaq drops 4% as market sell-off intensifies on recession fears!
Live updates
Dow tumbles 900 points!
Making America Great Again!
The biggest gamble going on right now is the new experiment that Traitor trump is working on – if you can call it an experiment.
The markets don’t react in vacuum. They are saying something about the state of our country.
The crash is a symptom of a bigger problem.
When will you wake up to the fact that this turd has no plan to turn the ship around. The only way out of the rut is to get the traitor out.
Nasdaq approaching 5%.
Congrats Donnie, you trying to broke the record you set during your last term (and I’m not counting his massive covid drop days)? You also decimated Biden’s wort drop of 3%.
Another accomplishment.
Just throw another tire onto the flaming tire fire that this administration has lit and can’t put out.
DJT in the 19s. That didn’t take long. And look at TSLA. Two boobs killing the country and MAGA is praising them both. THIS is what happens when you let the C students run the show.
Hey Cletus, I jest sold yaw APPLE stock fer an apple cart.
Was that a flushing sound I heard?
Hahaha A giant sucking sound……
Is that internal or new employer?
LAX says:
March 10, 2025 at 11:37 am
Looks like we are heading to NorCal!
*NASDAQ 100 EXTENDS LOSS TO 3%, NOW DOWN 12% FROM RECORD
The DOW JONES INDUSTRIAL AVERAGE is down a staggering 1100+ points today alone.
The NASDAQ is down close to 5% today alone.
You can Thank Trump.
3:30 New! It’s a big move….
Republicans inherited one of the strongest stock markets in history and in 1 month they’ve fukced it all up.
You are going to be force liquidated on your wife’s SAR’s, and the stock is near an all-time high withstanding this market and also RFK? Did you make a deal with the devil?
LAX says:
March 10, 2025 at 3:37 pm
3:30 New! It’s a big move….
hahaha Yes sir!!
and of course:
https://www.youtube.com/watch?v=_6FBfAQ-NDE
Libturd says:
March 10, 2025 at 2:31 pm
“no evidence that any money in that supposed slush fund actually went to her.”
OK, so in your mind the $2B of taxpayer money that went to Stacy Abrams’ previously-non-existent NGO is one of the ‘good’ things that DJT threw out; got it. I sure hope it’s Lib’s autopen writing moronic stuff like this, and not Lib himself. In fact, I suspect real-Lib the astute investor is busily taking advantage of this current buying opportunity.
It’s a trainwreck. Admit it.
Who doesn’t want buttons back?!
https://www.pcmag.com/news/volkswagen-to-bring-back-physical-buttons-to-all-vehicles
Looking for another market meltdown tomorrow just to watch you cats melt down some more. Come on, tell me you have a utilities index and consumer ETF while you’re down 10% for the year. Again, who cares? You’re gamblers, not investors because you talk about the market daily. Return, not risk is your motto. Patient is not a virtue, a lottery ticket is.
4:24 whew. Uh….If Kamala was in charge you’d be squealing like a stuck pig. You lack objectivity. You are in a cult.
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
PUBLISHED MON, MAR 10 2025
12:01 PM EDT
UPDATED 44 MIN AGO
Those market caps employ people. So there is that.
Holy f@ck what did I miss this afternoon
I think you meant this……
http://www.youtube.com/watch?v=5RbRJ9WJDMI
LAX says:
March 10, 2025 at 3:50 pm
and of course:
It was a Tuesday.
Isn’t this the stage in which we are supposed to scream to drop the rates to prevent a 10% decline to levels no seen since mid last year?
“Should we have or not have a 100% tariff on imported electric vehicles?”
No, why is it needed? Unless you want to hurt VW or protect Tesla?
I would like to see Japanese EVs here. Especially small trucks like they used to make. I would be all over a Daihatsu HiJet EV
“List all of the ‘good’ that has been thrown out”
Maybe we could have imported some eggs from Canada?
https://www.cbc.ca/news/canada/egg-prices-avian-flu-canada-us-1.7450654
Trick question: How many 2x4x8, pressure treated lumber can you haul in the bed of a cybertruck?
6:17 holy shit.
Checking my 401k and I’m down $1K year to date. I’ll take that. When I rolled from my last employer I set it for inflation, so here’s hoping it holds. All the tech I bought is effectively flat, but should rip the doors off in a few years. I’m still in the money with Nvidia.
Plan the trade and trade the plan.
Add into this that she is Deep Sixing the Epstein files for National Security interests. It dont smell well in the state of Denmark!
Senate Judiciary Democrats 🇺🇸 (🦋 now on bsky) @JudiciaryDems
BREAKING: Pam Bondi puts DOJ prosecutor Andrew Rohrbach on LEAVE.
Rohrbach successfully prosecuted Ghislaine Maxwell, Jeffrey Epstein’s infamous co-conspirator.
There is Dumb and there is GOP dumb!
BREAKING: Tommy Tuberville suggests the stock market was too high under Biden: “We were probably over-bloated with the stock market here for a while. We went up quite a bit.”
Is Tuberville really this STUPID or is he just full of shit?
Jon Cooper @joncoopertweets
My MAGA neighbor five minutes ago: “I just read that tariffs are going to raise prices for stuff. I don’t get it. I thought China was going to pay them.”
I explained how tariffs work. I wish you could see the look on the guy’s face when it sunk in.
So much ignorance out there.
I don’t think Tesla will ever recover after today. It’s the new Pets.com, if anyone here remembers he dotcom days.
I’m no longer sure which side has TDS worse.
I sold the last of my step father’s Nvidia (8 bagger) back in October. My mom thanked me by putting a nice chunk of it into the D’s special needs trust. A good thing, because I imagine as the shit continues to hit the fan, Trump will gut programs for people with special needs.
Along with Nvidia, I discovered that there were also 5 other stocks that all dropped at least 80% from his purchase price. When he passed I sold everything off but Nvidia. Put mom into BRO and ADUS and I looked brilliant. BRO still climbing, sold her ADUS when I sold mine after Trump starting raping the government worker.
What % decline in Tesla sales triggers going concerns?
I don’t think it’s out of the realm of possibility Tesla sees a 50% dip in deliveries.
DJT approaching 18s in after hours trading.
Let’s look at the coin. $10.36.
Can someone explain why Crypto is falling? Isn’t it supposed to be a hedge against stocks and instability?
It is dragging down (micro) strategy along.
I am absolutely not complaining… love it actually. But curious.
I’ve heard nothing but great things about BYD vehicles.
Tesla China sales dipped 50% in February because of BYD.
China thinks great things about BYD vehicles too.
Their Seagull is $9,500.
Tik, tik, tik.
Maybe I’ll import one tariff and all and wrap it in a Fuck You MAGA wrap.
Pretty much nobody in Canada is buying a Tesla either. That’s another 50,000 Teslas that won’t be sold this year.
We going to see a government bailout of Tesla?
After the government built Tesla in the first place?
Tesla is already pivoting to its Robotaxi production. No other car company can compete. They will own the cars and all of the revenue.
https://m.youtube.com/watch?v=-dwQBfvLAAE
can’t get this in America.
https://www.motortrend.com/news/the-cheapest-toyota-ev-just-went-on-sale-in-china-for-under-20000/
Small this one is straight to you.
https://x.com/Acyn/status/1899221543328350526
Acyn @Acyn
McGovern: The idea that somehow Democrats have the responsibility to pass a CR where we don’t have any input is ridiculous. You run around bragging about this big mandate. Put on your mandate pants and pass whatever you want to do.
You probably will have the votes because even the so called principled conservatives who don’t like CRs, I think they are suffering from Victoria Spartz syndrome where on Monday they are a hard no and on Tuesday they are a hard yes
Lakewood school bus crash. Not good I hope everybody is OK.
Donnie forgets who is the picture on the bank notes. He can provide military protection and can sail an Aircraft carrier up the Potomac.
CALL TO ACTIVISM @CalltoActivism
Trump on Canada: “I spoke to Governor Trudeau … they don’t have military protection, and you take a look at what’s going on out there … people are in danger … they need our protection.”
This is a literal threat. What a psycho nutbag.