We can only deal with right now Sam. I just sold a big chunk of my Tesla stock @$1235 bought $613 or so. You ever see a 7 figure payout Sam? It’s beautiful. The stock market is where the smart people take the dumb peoples money. I’m not going to be in it much longer, there are folks much smarter than me there. Big time corrections are coming in both real estate and stocks. I got my war chest going. I gave the Tesla stock tip to everyone on the Wealth Board back in April, hopefully some listened. I empathize with short people, poor people, short people, fat people and short people, but their struggle is not my struggle. Wait, did I mention short people 😂
Stock-market-first government policy actions is leading to destruction of our economy. Fed policy fuels booms and busts, and we may be at or near the top of one of those cycles.
Distinguishing short and long-run movements in stock prices is easy in hindsight. Stock market bubbles are declared to have happened after the bubble bursts, not while the bubble is expanding. But what we can do, at a point in time, is to look at the relationship between stock prices and the underlying economy in which everyone operates.
Warren Buffet has long advocated that we simply look at the ratio of overall stock market value to the size of the economy, and, by that measure, the stock market is grossly overvalued.
More technical valuation measures are based on the three principles —government interest rates, expected profits, and the risk premium—but those more technical measures also indicate stock market values are at historical peaks.
Even if you believe that the policy-driven increase in profits will persist and you believe the Fed will keep rates low, then stocks still are at the top of their historical range. The imbalance between economic fundamentals and stock prices is already here.
It might be the case that there is a new stock market math at play, and it goes hand-in-hand with the new equilibrium interest rate view, however, inflation is now rising at ever-increasing levels, and the economy is not overheated, yet stock prices continue to rise.
Keep bragging about those stock investments, and keep playing that fiddle. Our govt is counting on you.
Tell me about it, they are pieces of shit but that's what she wants. I feel like a dust-bowl migrant from the Grapes of Wrath when we drive in the one she has now. It does a good job towing the boat though. When you have a huge dong and know how to use it, the cars don't need to be as expensive, I guess.
The economy is doing so well that a Ford Expedition costs $90,000.00 after tax and license. Thank you Joe Biden and the Democrats, you are really doing a great job.
Also, that price was using a buying service, which typically saves you a good amount in times of no incentives, and the price was for a "Limited" with massage seats, but still. 90K for a Ford Expedition is laughable. They are worth not a penny over 60K. Decided to wait a bit and see what else is out there. Wife said her car made a blub blub sound and a light that looked like a "country" flashed but then went away, so now its getting a once over. Hoping it is a Oxygen Sensor or needs a new plug or something, but gonna drive it till the wheels fall off and then sell it to Casa Grande motors or something. Again, thanks Joe.
@Pasadena Trojan they both fit the description of grifters. Their scam is different, but both play the weak and gullible to line their pockets. Biden thru influence peddling and cashing in on the powers of his office. Trump thru fear, manipulation and lies. We will all be poor unless he is president. Lol, who believed that ? plenty did. Trump was born rich or as little Marco said, he would be selling watches in Manhattan. his business record would be more impressive without all the failures and bankruptcies. Who the fack manages to bk a casino? Takes a special kind of idiot to do that.
We can only deal with right now Sam. I just sold a big chunk of my Tesla stock @$1235 bought $613 or so. You ever see a 7 figure payout Sam? It’s beautiful. The stock market is where the smart people take the dumb peoples money. I’m not going to be in it much longer, there are folks much smarter than me there. Big time corrections are coming in both real estate and stocks. I got my war chest going. I gave the Tesla stock tip to everyone on the Wealth Board back in April, hopefully some listened. I empathize with short people, poor people, short people, fat people and short people, but their struggle is not my struggle. Wait, did I mention short people 😂
Balls=Nero
Nobody has become poor -- yet.
Stock-market-first government policy actions is leading to destruction of our economy. Fed policy fuels booms and busts, and we may be at or near the top of one of those cycles.
Distinguishing short and long-run movements in stock prices is easy in hindsight. Stock market bubbles are declared to have happened after the bubble bursts, not while the bubble is expanding. But what we can do, at a point in time, is to look at the relationship between stock prices and the underlying economy in which everyone operates.
Warren Buffet has long advocated that we simply look at the ratio of overall stock market value to the size of the economy, and, by that measure, the stock market is grossly overvalued.
More technical valuation measures are based on the three principles —government interest rates, expected profits, and the risk premium—but those more technical measures also indicate stock market values are at historical peaks.
Even if you believe that the policy-driven increase in profits will persist and you believe the Fed will keep rates low, then stocks still are at the top of their historical range. The imbalance between economic fundamentals and stock prices is already here.
It might be the case that there is a new stock market math at play, and it goes hand-in-hand with the new equilibrium interest rate view, however, inflation is now rising at ever-increasing levels, and the economy is not overheated, yet stock prices continue to rise.
Keep bragging about those stock investments, and keep playing that fiddle. Our govt is counting on you.
Well then I guess you're going to have to buy a lambo.
You choad.
@gaystalker "90K for a Ford Expedition is laughable."
"A Ford Expedition is laughable." There, I fixed it for you.
The economy is doing so well that a Ford Expedition costs $90,000.00 after tax and license. Thank you Joe Biden and the Democrats, you are really doing a great job.
Also, that price was using a buying service, which typically saves you a good amount in times of no incentives, and the price was for a "Limited" with massage seats, but still. 90K for a Ford Expedition is laughable. They are worth not a penny over 60K. Decided to wait a bit and see what else is out there. Wife said her car made a blub blub sound and a light that looked like a "country" flashed but then went away, so now its getting a once over. Hoping it is a Oxygen Sensor or needs a new plug or something, but gonna drive it till the wheels fall off and then sell it to Casa Grande motors or something. Again, thanks Joe.
BB shouts “Let them Eat Cake“
Ya, because all the low income people are invested in stocks and sky high gas and food prices are really no big deal.