From Gallup:
Housing Market Perceptions Dampen Homebuying Intentions
Homeownership appears to be further out of reach for non-homeowners in the U.S. Two-thirds of these Americans report being priced out of the market, and the smallest percentage recorded in years say they expect to buy a home within the next five or 10 years. More generally, Americans remain broadly skeptical about the housing market, as they have been since 2022, with the majority saying it’s a bad time to buy a house.
The survey finds that 62% of Americans say they own a home, while 34% indicate they rent, which is similar to the figures from recent years. Homeownership rates were higher before the housing crash in the late 2000s, consistently registering 70% or higher between 2005 and 2009.
It doesn’t appear that homeownership rates are likely to increase substantially in the near future. Among those who do not own a home, 30% think they will buy one within the next five years, 23% in the next 10 years and 45% not for the foreseeable future.
The percentage of those who expect to buy in the near term is significantly lower than what Gallup measured in prior surveys, all conducted between 2013 and 2018, when no fewer than 41% of non-homeowners expected to buy a home in the next five years. Similarly, the combined percentage planning to buy within five or 10 years, 53%, is the lowest that Gallup has recorded.
First
Pakistan/India continues to escalate. Pakistan retaliated last night firing missiles into India (most if not all were shot down). India retaliated today by attacking air defense systems in Pakistan, destroyed one in Lahore. Shelling across the border in a number of locations. Not sure who might have the upper hand at this point.
As a Japanese ,USA is like fresh walker from Walking Dead.
“Forget about your friend, “That”thing isn’t your friend anymore.”
It appears to me that only countries with nukes like to war.
At what point will the pro-trump crowd acknowledge that he should be in prison?
https://gizmodo.com/elon-musks-starlink-is-quietly-benefiting-from-tariff-negotiations-2000599325
Recognize that the “he” is ambiguous here, so let’s just say we mean “both” be in prison.
Homeownership appears to be further out of reach for non-homeowners in the U.S.
Owning a house today is like owning a Mercedes with a car phone in the 1970s.
“In 1988, the starting wage at one of Caterpillar’s unionized, Midwestern factories was $14.04. In 2023, the starting wage at that same job was $17.00.”
maga opposes minimum wage and now are setting the world on fire because blue collar workers don’t make enough. and maga sent manufacturing to China and now maga wants manufacturing back to pay Chinese salaries
Boomer you did this ^^^^^^^^^^
Can’t wait till the guys who voted MAGA and are now losing their jobs go apeshit and start shooting.
They have every reason to be angry.
Oh Well.
At what point will the pro-trump crowd acknowledge that he should be in prison?
While Musk and Trump are in prison, China will launch 20,000 (low estimate) satellites in the next decade because they want to build the world a home and furnish it with love. Those satellites have nothing to do with military logistics, as some would lead others to believe.
Believe what the Washington Post tells you because as a legacy media outlet, they have a “reputation” to uphold and always tell the truth!
Sorry, I don’t know why I have this expectation that the president not act in a way that would embarrass a used car salesman, while blatantly robbing us, while his kids shovel money in their pockets.
Sorry, I don’t know why I have this expectation that the president not act in a way that would embarrass a used car salesman, while blatantly robbing us, while his kids shovel money in their pockets.
“I’ll take the O’Biden Crime Family, the Infrastructure Bill, the Flatulence Reduction Act Bill, the ‘Climate Change Bill disguised as an Immigration Reform’ Bill for $1,000, Alex.”
The looting of the loot by the last administration was at brain-hemorrhaging levels of theft.
It gets better Grim.
Why do people believe in this schmuck for president?
Does Not Fit Narrative; Must Suppress:
https://thehill.com/regulation/court-battles/5288625-trump-administration-state-secrets-privilege/
Any article finding mirth at a 50% tariff on Lesotho is not credible.
Obviously written by a non-business person with no understanding of substance over form in conducting business.
If you leave loopholes, they will be exploited (i.e., China).
grim says:
May 8, 2025 at 6:51 am
At what point will the pro-trump crowd acknowledge that he should be in prison?
https://gizmodo.com/elon-musks-starlink-is-quietly-benefiting-from-tariff-negotiations-2000599325
Recognize that the “he” is ambiguous here, so let’s just say we mean “both” be in prison.
The tire fire of an administration continues burning.
Want to know how bad he is? Today, the tariffs are such an economic disaster that the FED made the scariest announcement it has made in years about the economy and no one even cares.
The power of MAGA supporters to ignore the repeated mistakes made by the worst President in the history of the United States is impalpable.
Anecdotally, the number of properties for sale and for rent in my parts is the highest I remember it being. The house catty cornered to ours fell out of contract and still sits. Lots of restaurants closing. I’ve seen this play out before. Just look for the blank billboards.
Any president issuing a tariff on an island containing only penguins is not credible.
Grim – re: Prison? What the hell are you talking about? The US regularly negotiates the sale of American technology and equipment, goods and services, and in this case there is no pressure to use Starlink. Are they encouraging countries to by US exports? I would hope that they are. It called a trade deal for a reason.
If during trade negotiations Lesotho decided to sign a deal for F-15 fighter jets or buy American wheat nobody would bat an eye.
Comical. The EU thinks the old way of complaining to the people in the office building down the street in Brussels is going to mean or do anything at all.
“The European Union’s executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.’s “reciprocal” tariff policy and duties on cars and car parts.”
Bend the knee and kiss the ring before BMW, Mercedes and Volkswagen start closing factories..
Speaking of “Lots of restaurants closing”
We just got a Wonder location. Cars lined up down the street to pick up their meals. We tried it once, it’s expensive but quality is decent. Pizza, Mexican, Ribs all in one order.
If you did not know this is Marc Lore’s startup. Marc has quite a few wins under his belt.
It already has a 7 billion dollar valuation.
https://www.bloomberg.com/news/articles/2025-05-06/grubhub-owner-wonder-tops-7-billion-valuation-in-new-funding
Biden crime family. It’s laughable.
https://www.bloomberg.com/graphics/2025-trump-memecoin-foreign-crypto-traders/
Juice,
I’m familiar with Wonder. It’s an extremely smart system built to please the millennial set. Was at Carvel last night for the BOGO sundae offer (kid’s size of course). I saw three gig delivery guys pick up orders. They even have a special line for them. Now paying $25 for a sundae or shake seems crazy to me, but apparently, the kids do it all of the time. This explains the Wonder success.
Lots of restaurants closing. I’ve seen this play out before. Just look for the blank billboards.
Hey Mack, can you spare a dime for a cup ‘a coffee?
“Look, the penguins — total disaster when it comes to trade. They’re sliding around, taking our fish, giving nothing back. It’s very unfair. We’re gonna put big, beautiful tariffs on them — the biggest — until they learn to make a fair deal. Believe me!”
Black smoke over Vatican: No new pope yet, with more voting to come today.
I guess it’s hard to find the right pedo for the job.
Donald Trump revealed he has struck a huge trade deal with the United Kingdom, the first such agreement since he launched a global trade blitz last month.
America will purchase their whiskey, they will purchase our weapons and dental care.
Plus there will be no more talk about dumping tea in the harbor.
Just talked to a former colleague in Basking Ridge, state aid dropped essentially to zero, probably 4/5 million. They RIFed 32 staff members and plan to increase class sizes to 28-30 across the board. This is basically happening in every NJ suburb. These cuts dwarf what Christie did in 2008. You won’t hear certain districts cry poverty as they are flush with cash from the “funding formula”.
On the bright side, the pension is fully funded. Buy the teacher’s union’s endorsement. Get wonderful prizes.
BRT – We raised taxes 10.1 % above cap. Trenton did not even sneeze.
My District went from a 160 million dollar budget just five years ago to a 200 Million dollar budget, this years shortfall was $10 million. I think enrollment is down somewhere around 10% since then. Less kids today per family.
Basking Ridge should just raise taxes it’s for the children.
Funding formula. Yeah that no longer works the cities getting the Lions share are starving for revenues….and won’t have to raise taxes.
Grim mentioned an interesting point yesterday and wants DOGE to come to NJ.
Medicaid spending in NJ is $24 billion…. NJ Family Care covers roughly 1.8 million New Jersey residents.
Grim, Right.. the India/Pakistan scrimmage is escalating into a full war. It almost feels like someone designed the whole thing.
The attack in Kashmir was by terrorists who had US made AK-47s and US made M4s – possible left behind in Afghanistan that made their way into these hands.
Pakistan’s missiles were shot down by India yesterday with Israel made HAROP UAVs.
China now wants a part of north east India – bordering Tibet and call it south tibet.
India has a good thing going and Pakistan has nothing to lose. If someone wanted this status quo to be changed, it doesn’t/ didn’t take much.
I always told you all NJ is reserved for three classes.
1) The government worker
2) Those working off the books, or those simply not working (urban poor)
3) Those with money to burn
Rent?? The Harop system are kamikaze murder drones. They are using them against fixed position air defense guns and other military targets. Slow moving cannot be used to shoot down ballistic missiles.
Here are the Harop drone attacks, plenty of footage..
https://x.com/search?q=pakistan%20drones&src=typed_query
India and Pakistan. Strength through peace. I thought wars never broke out when Trump was in the White House?
And more show with little gain.
JPMorgan: U.S.-U.K. trade deal likely to have ‘limited’ impact
Analysts at JPMorgan said the trade deal between the United States and the United Kingdom that Trump is announcing this morning would likely have a “limited” impact.
“It remains to be seen whether the UK can arrange an exemption from the baseline tariff following subsequent negotiations,” they wrote.
“If there is no further breakthrough on the US baseline tariff, that would significantly limit the economic upside from continued negotiations and further concessions,” the analysis said. “With the UK having broadly balanced goods trade with the US, a reasonably good political relationship, no real threat of retaliation from Westminster and extensive bilateral negotiations having taken place, it is not clear where the UK can go from here.”
The U.K. was the top buyer of U.S. services in recent years, but ranked fifth behind Canada, Mexico, China and Japan as a buyer of actual goods. While Britain is a key ally, the country does not even rank in the top five sources of imports for the U.S.
I have been calling for roaring 20s 2.0 for over 12 years. It happened first half of the decade, and now looks like it has the fuel to rip for the rest of the decade. This is/has been one of the most opportunistic times in human history to be investing.
Crypto is ready to run….hope you were selling your gold at highs and buying high risk at the lows. Told you a few days ago that money was flowing into high risk areas like crypto.
Juice, Basking Ridge probably should raise taxes. They have the breathing room. Other towns, not so much. My town just hit us up for a 100 million dollar referendum.
Crypto isn’t used for purchasing anything. It’s only value is that more idiots are willing to buy it from previous morons. At some point, it will collapse to zero. I welcome that day.
Juice, It’s clear that I need to disclose I am not a missiles expert!
But otherwise, if you look at Pakistan news channel, they seem to be more upset that HAROP was built in Israel than the fact that it caused some destruction. Nothing gets Pakistanis railed up more than the mention of Israel. And of course Indians are crazy mad that non-muslims were specifically targeted in the attack.
Pakistan was definitely threatened by the change in demographics across the border.
Britain left a mess and it will take many more generations to clean up.
10:38, What do you think rich Indians will buy more of what they already have in a time of war? Crypto or Gold?
Aloo Gobi.
Who kills a cat and gouges his brother’s eye out before stabbing him to death and setting a fire?
https://www.nj.com/mercer/2025/05/its-my-brother-princeton-murder-suspect-said-on-911-call.html
I’m sure he did more before this crime.
My entire district received rice letters yesterday. Monday’s board meeting should be fun. Education is being attacked right now…..not cool.
BRT says:
May 8, 2025 at 9:50 am
Just talked to a former colleague in Basking Ridge, state aid dropped essentially to zero, probably 4/5 million. They RIFed 32 staff members and plan to increase class sizes to 28-30 across the board. This is basically happening in every NJ suburb. These cuts dwarf what Christie did in 2008. You won’t hear certain districts cry poverty as they are flush with cash from the “funding formula”.
How long have you been saying this? Yet, BTC has been the best performing asset in history. You missed the whole thing…
Libturd says:
May 8, 2025 at 10:42 am
Crypto isn’t used for purchasing anything. It’s only value is that more idiots are willing to buy it from previous morons. At some point, it will collapse to zero. I welcome that day.
Indians and Chinese created this bubble in gold. The younger generations in these countries will value digital gold….watch.
RentL0rd says:
May 8, 2025 at 10:47 am
10:38, What do you think rich Indians will buy more of what they already have in a time of war? Crypto or Gold?
For many men Trump is a better version of their failed fathers.
it’s correlated
Pancakes,
I’ll remind you when it goes to zero. Let me also ask you a question. What is the purpose of the stock market? What is the purpose of Crypto?
Gold will still have its place, but BTC is better because it can easily be stored and transferred to anyone around the world quickly and cheaply.
The Great Pumpkin says:
May 8, 2025 at 11:02 am
Indians and Chinese created this bubble in gold. The younger generations in these countries will value digital gold….watch.
RentL0rd says:
May 8, 2025 at 10:47 am
10:38, What do you think rich Indians will buy more of what they already have in a time of war? Crypto or Gold?
As if stocks are ever correctly valued….just stop. There is zero difference between stocks and crypto…..one in the same in terms of markets. You complain about chit coins, but wtf are penny stocks? Besides, you still fail to understand how stocks will eventually be tokenized like everything else…
The only reason you look at it differently is because you were alive before crypto was created. You have a bias. You watched it go through major price discovery, writing it off for this reason…..just because it wasn’t performing like a blue chip asset yet.
Libturd says:
May 8, 2025 at 11:07 am
Pancakes,
I’ll remind you when it goes to zero. Let me also ask you a question. What is the purpose of the stock market? What is the purpose of Crypto?
I am listening to Howard Lutnick explain the UK deal .
There are only three options:
I am dumb af
Howard is dumb af
Howard is a massive shyster
BTC has been around since 2009….it’s now 2025 and you still think it’s a scam? WAke the f up. You would yell at me about self awareness….how about you in this situation?
The apparel stocks (Nike, Estee Lauder, VFC, Under armor, Stanley Black & Decker etc) that got murdered in April all bottomed and are now making good gains.
It’s time….we both have been saying it. Others clutch fear, while the people with the balls to ignore the noise go to work. You can’t be afraid to lose, otherwise, you can’t invest. Stick to index funds if you clutch every penny.
Like crypto….you can’t invest/trade it if you can’t handle the massive swings. You will get emotional and lose over and over by selling the bottoms and buying the tops. It’s your job to understand how the avg individual is feeling emotionally and act on it. When they are filled with the bull….start planning the exit. When they are filled with fear….start buying in. Everyone knows this, yet only a few can act on it successfully….it’s a mind fuck. But that’s the game…it really is that simple.
BRT says:
May 8, 2025 at 11:33 am
The apparel stocks (Nike, Estee Lauder, VFC, Under armor, Stanley Black & Decker etc) that got murdered in April all bottomed and are now making good gains.
A cousin of my wife bought BTC way back when and is sitting on a big pile. He recently bought a house in Summit by selling btc. It turns my stomach that I will never catch up with him.
On the other hand when I see a really rich guy who made money in the stock market, I don’t “feel” the same way.
Currency is as much about the feeling that there is a fair market place. And BTC is definitely not going to give that feeling to 99% of the worlds population. So yes, BTC will just be a speculation and never be popular as either currency or as an investment vehicle.
My .0000002 btc
Look at real estate….safest asset out there.
What happened all last decade. No one had the balls to buy….only the few. It doesn’t matter what market it is….they are all driven by emotion..
All you have to do is have patience and nerves of steel….and investing is an easy game. The few…
Thing is….you need to understand yourself. You need to understand your emotions. If you understand that you can’t handle this emotionally, you should be dollar cost avg into index funds and call it a day. That’s why buffet recommended that to most…he understands that very few people have the patience, emotion, and discipline to take advantage of the highs and lows.
Phx: you ease our daily mourning of the loss of clot.
Dark Phoenix says:
May 8, 2025 at 9:35 am
Black smoke over Vatican: No new pope yet, with more voting to come today.
I guess it’s hard to find the right pedo for the job.
Lmfao…..look at trump saying to go and buy stocks now. Exactly what I have been telling you here. Dump the gold, and get with the flow.
Pumps gold is up about 10% since you started yapping about it last month.
Keep up the good work.
https://m.youtube.com/watch?v=iVWZwbo9vwg&pp=ygUUa2FzaG1pciBsZWQgemVwcGVsaW4%3D
RentL0rd says:
May 8, 2025 at 10:20 am
Grim, Right.. the India/Pakistan scrimmage is escalating into a full war. It almost feels like someone designed the whole thing.
The attack in Kashmir was by terrorists who had US made AK-47s and US made M4s – possible left behind in Afghanistan that made their way into these hands.
Pakistan’s missiles were shot down by India yesterday with Israel made HAROP UAVs.
China now wants a part of north east India – bordering Tibet and call it south tibet.
India has a good thing going and Pakistan has nothing to lose. If someone wanted this status quo to be changed, it doesn’t/ didn’t take much.
Who cares…you don’t have to time it perfectly. Gold had it’s metabolic run and you want more? Typical….exactly what I was talking about in my post at 11:39. This is a perfect example…
Juice Box says:
May 8, 2025 at 12:02 pm
Pumps gold is up about 10% since you started yapping about it last month.
Keep up the good work.
Habemus papum
BREAKING:
DOW up 570 points.
The U.S. president talked up the agreement to reporters from the Oval Office, even as the fine print remains in flux despite his prior statements that a full agreement was signed.
More Trump lies. Ho hum. Almost a complete immaterial deal. Brits get to buy our beef.
Trump should try selling his bullshit. Lord knows there’s a huge trade surplus involved.
The new Pope graduated from Villanova.
The problem with POTUS pumping the stock market with lies is that, while it spikes today, tomorrow it could crater. It is not sustainable. You know he has friends who are trading these swings.
“It’s a big club and you ain’t in it” – George Carlin.
We need a separation of politics from the market more than we need a separation of church and state.
Vatican can certainly read a room
What’s our tariff on the Vatican City? I’m sure there’s a deal to be had there.
Is this the most boring job that a math major from Villanova can get?
Taaariiifffff Dooon’t Like it
All done in house. 28k price
https://insideevs.com/news/758625/byd-megawatt-charging-demo-china/
I mean, he’s not wrong
Bill Gates accuses Elon Musk of killing poor children
how does the Catholic Church get the white smoke?
Do they sacrifice a virgin?
Hahah…..
Libturd says:
May 8, 2025 at 1:52 pm
What’s our tariff on the Vatican City? I’m sure there’s a deal to be had there.
If we can tax black tuxedo penguins we can certainly tax white robbed cardinals.
*robed
The only separation necessary is you from any form of keyboard.
RentL0rd says:
May 8, 2025 at 1:19 pm
The problem with POTUS pumping the stock market with lies is that, while it spikes today, tomorrow it could crater. It is not sustainable. You know he has friends who are trading these swings.
“It’s a big club and you ain’t in it” – George Carlin.
We need a separation of politics from the market more than we need a separation of church and state.
Countries are going to start falling in line now and even the trading playing field. Once one goes, others will follow. Couple this with the trillions in corporate and nation-based investments and we’ll see a surge of growth and jobs within the next 6 – 18 months. Contrast this with joe on the BBC interview, Ghetto Barbie, drunk camala and Greasy Gavin and who emerges? And if someone like Josh Shapiro emerges, what plan or message appeals to the majority of Americans? But poor joe. Omg, slap his wife for torturing the guy. And for Gavin, how much is that rail project going to cost and when will it be finished? Pass the no tax on tips, overtime and SS and we’ll be sailing.
The Trump Effect in three months:
• Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure.
• Apple announced a $500 billion investment in U.S. manufacturing and training.
• NVIDIA, a global chipmaking giant, announced it will invest $500 billion in U.S.-based AI infrastructure over the next four years amid its pledge to manufacture AI supercomputers entirely in the U.S. for the first time.
• IBM announced a $150 billion investment over the next five years in its U.S.-based growth and manufacturing operations.
• Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
• Johnson & Johnson announced a $55 billion investment over the next four years in manufacturing, research and development, and technology.
• Roche, a Swiss drug and diagnostics company, announced a $50 billion investment in U.S.-based manufacturing and research and development, which is expected to create more than 1,000 full-time jobs and more than 12,000 jobs including construction.
• Bristol Myers Squibb announced a $40 billion investment over the next five years in its research, development, technology, and U.S.-based manufacturing operations.
• Eli Lilly and Company announced a $27 billion investment to more than double its domestic manufacturing capacity.
• United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
• Novartis, a Swiss drugmaker, announced a $23 billion investment to build or expand ten manufacturing facilities across the U.S., which will create 4,000 new jobs.
• Hyundai announced a $21 billion U.S.-based investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs.
o Hyundai also secured an equity investment and agreement from Posco Holdings, South Korea’s top steel maker.
• United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
• France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
• Venture Global LNG announced an $18 billion investment at its liquefied natural gas facility in Louisiana.
• Gilead Sciences announced an $11 billion boost to its planned U.S.-based manufacturing investment.
• AbbVie announced a $10 billion investment over the next ten years to support volume growth and add four new manufacturing plants to its network.
• Pratt Industries announced a $5 billion investment to create 5,000 new manufacturing jobs in Ohio, Michigan, Pennsylvania, and Arizona.
• Thermo Fisher Scientific announced it will invest an additional $2 billion over the next four years to enhance and expand its U.S. manufacturing operations and strengthen its innovation efforts.
• Merck & Co. announced it will invest a total of $9 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility — including in a new state-of-the-art biologics manufacturing plant in Delaware, which will create at least 500 new jobs.
• Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
• Stellantis announced a $5 billion investment in its U.S. manufacturing network, including re-opening its Belvidere, Illinois, manufacturing plant.
• In addition to its overall investments, Amazon announced it is investing $4 billion in small towns across America, creating more than 100,000 new jobs and driving opportunities across the country.
• Regeneron Pharmaceuticals, a leader in biotechnology, announced a $3 billion agreement with Fujifilm Diosynth Biotechnologies to produce drugs at its North Carolina manufacturing facility.
• NorthMark Strategies, a multi-strategy investment firm, announced a $2.8 billion investment to build a supercomputing facility in South Carolina.
• Kimberly-Clark announced a $2 billion investment to expand its U.S. manufacturing operations, including a new advanced manufacturing facility in Warren, Ohio, an expansion of its Beech Island, South Carolina, facility, and other upgrades to its supply chain network.
• Chobani, a Greek yogurt giant, announced $1.7 billion to expand its U.S. operations.
o $1.2 billion to build its third U.S. dairy processing plant in New York, which is expected to create more than 1,000 new full-time jobs.
o $500 million to expand its Idaho manufacturing plant.
• Corning announced it is expanding its Michigan manufacturing facility investment to $1.5 billion, adding 400 new high-paying advanced manufacturing jobs for a total of 1,500 new jobs.
• GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
• Anduril Industries announced a $1 billion investment for a new autonomous weapon system facility in Ohio.
• Amgen announced a $900 million investment in its Ohio-based manufacturing operation.
• Merck Animal Health announced an $895 million investment to expand their manufacturing operations in Kansas.
• Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
• GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
• Abbott Laboratories announced a $500 million investment in its Illinois and Texas facilities.
• AIP Management, a European infrastructure investor, announced a $500 million investment to solar developer Silicon Ranch.
• London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
• Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
• Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
• The Bel Group announced a $350 million investment to expand its U.S.-based production, including at its South Dakota, Idaho and Wisconsin facilities — which will create 250 new jobs.
• Clasen Quality Chocolate announced a $230 million investment to build a new production facility in Virginia, which will create 250 new jobs.
• Fiserv, Inc., a financial technology provider, announced a $175 million investment to open a new strategic fintech hub in Kansas, which is expected to create 2,000 new high-paying jobs.
• Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
• TS Conductor announced a $134 million investment to build an advanced conductor manufacturing facility in South Carolina, which will create nearly 500 new jobs.
• Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
• Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
• Hotpack, a Dubai-based maker of food packaging materials and related products, announced a $100 million investment to establish its first U.S. manufacturing facility in Edison, New Jersey.
• Charms, LLC, a subsidiary of candymaker Tootsie Roll Industries, announced a $97.7 million investment to expand its production plant and distribution center in Tennessee.
• Toyota Motor Corporation announced an $88 million investment to boost hybrid vehicle production at its West Virginia factory, securing employment for the 2,000 workers at the factory.
• AeroVironment, a defense contractor, announced a $42.3 million investment to build a new manufacturing facility in Utah.
• Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
• India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
• Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
• Cyclic Materials, a Canadian advanced recycling company for rare earth elements, announced a $20 million investment in its first U.S.-based commercial facility, located in Mesa, Arizona.
• Guardian Bikes announced a $19 million investment to build the first U.S.-based large-scale bicycle frame manufacturing operation in Indiana.
• Amsterdam-based AMG Critical Minerals announced a $15 million investment to build a chrome manufacturing facility in Pennsylvania.
• NOVONIX Limited, an Australia-based battery technology company, announced a $4.6 million investment to build a synthetic graphite manufacturing facility in Tennessee.
• LGM Pharma announced a $6 million investment to expand its manufacturing facility in Rosenberg, Texas.
• ViDARR, a defense optical equipment manufacturer, announced a $2.69 million investment to open a new facility in Virginia.
U.S. investments pledged by foreign countries (so far):
• United Arab Emirates announced a $1.4 trillion investment in the U.S. over the next decade.
• Saudi Arabia announced it intends to invest $600 billion in the U.S. over the next four years.
• Japan announced a $1 trillion investment in the U.S.
3:45, I know you prefer reading articles from bots that boost your false sense of patriotism. Nothing new.
I’ll believe it when I see it Gary.
So far, the only Trump effect I’ve seen is the loss of human rights, the merging of church and state, endless lies and shitty market returns. Oh, and grifting like one could never ever imagine. Hey, where’s that wonderful first lady?
And the renaming of a body of water.
4:01 She is as far away from the incontinent old man as she could possibly be. She herself appears to be morphing into an old slav herself. Something in the water over there makes the women age really badly.
The slavs still age better than aytalians in new york.
The Church and State thing is obscene.
There’s a super simple way to reduce government waste, corruption, tame budget deficits, monetary and financial shenanigans. Massively shrink the size and power of the federal government over our lives and businesses, end the Fed, go back to a gold standard. Less government power = less power to do harm.
Neither party wants this to happen, so instead we erect statues of ugly fat chicks in Times Square. The era of the Washington Monument is over, our new era has this new bloated idol at whose feet our bloated government will offer sacrifices collected from the population.
Another day of pump and dump. MAGA who bought Trump’s hype late morning got raped towards the end of the day.
No one I think it’s game over here in the USA.
Eddie,
The list is dumb. Part of it is explained by the broken window fallacy.
Many of those announcements are PR moves, with long time frames. Many were already planned. Paris Baguette announced an expansion. They’ve already been growing. The whole $160m plan for a bakery plant was formed in 3 months because Trump was elected?
You know what isn’t on this list? A lot of investments that are going to be cancelled or delayed by a massive spike in regulatory/tax/tariff uncertainty. They don’t get high profile announcements like these.
This statue “challenges who should be rendered immortal”
https://people.com/12-foot-bronze-statue-of-woman-causes-reflection-on-human-condition-11730900
In the words of Ayn Rand’s top villain in The Fountainhead describing how art can change culture: “”Don’t set out to raze all shrines—you’ll frighten men. Enshrine mediocrity—and the shrines are razed.”
The statue actually enshrines mediocrity, or perhaps less.
I propose that we have the next together at Ayn Rand’s gravesite in her Westchester Cemetery.
We can have a seance with a Ouji board and deduce her opinion of King Krasnov The OrangeTurd?, the Social Security she received? how free is the capitalist free market if the free market is set by King OrangeTurd and his MAGA coins? And if she had to do it again would Cryptocurrency promotions scam be easier than her libertarian philosophy which a 10yr old that into a fight with a powerful bully would know is a scam?
Wait till you see Trump’s latest TV celebrity appointment. We have Benny Hill running the country.
I would approve of Benny Hill.
( )( ) ======D – p – h – n- x – – –
I guess it wasn’t just anecdotal. This from my realtor.:
The good news for buyers was that 60 new listings hit the market, the highest number since March 2022.
Reality TV folks..
https://abcnews.go.com/US/trump-eying-fox-news-host-jeanine-pirro-top/story?id=121604820
8:35 everything I know I learned on the TV
As Gomer Pyle would say, ” Surprise, surprise surprise.”
Pope Leo XIV ‘looked the other way’ when confronted with child sex abuse allegations against priest in his Chicago church
The newly-elected Pope Leo XIV is facing accusations of ‘looking the other way’ when confronted with child sex abuse allegations against a priests in his Chicago and South American churches, it has emerged.
Robert Prevost, who became the first North American pontiff on Thursday, was accused by a survivors’ group of failing to act upon allegations of abuse in the U.S. and in Peru – concerns they relayed to the cardinals who selected him.
‘Staying silent is a sin. It’s not what God wants us to do. Jesus wants us to stop these things, not make a heathy garden for sexual abuse to grow,’ Lopez de Casas, a victim of clergy abuse and national vice president of the Survivors Network of those Abused by Priests (SNAP)
Mel Gibson should have been appointed as Pope.
Not a bad retreat. Wadda ya think?
https://www.trulia.com/home/137-kennedy-ln-east-durham-ny-12423-66477809
What to I think?
You better have a truckload of Chex Mix.