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Sign Up Now!I started buying NUCOR Steel (NUE) at $51. Wish I had MOAR of it, but at today's closing price of $106.67, Imma fat and happy on this one.Boyz, what are we thinking on the infrastructure bill? Rumors about winners and losers, etc etc?
I'm gonna hold on to my US Steel and Ford because they seem like they will benefit from a Government spending spree, especially since both kissed the ring of Biden.
Cramer went over some technical analyst today that was rather..............well.....................
Basically the Dow is having the same chart as 1929.
Crazy how this is coming up with talks of the bull shit spreading and lock downs.
The inflation continuing to rise and unemployment rising with even more Government paid for ability to remain unemployed (or underemployed) is bigger factor in a future crash than anything.
hence why “Delta is gonna rape and murder your entire family if you don’t let Biden do illegal things” is now the talking point
Example:
Fuck can't let covid go away.. Can't lose our power. - fucking idiot dems
Also, how the fuck is the cdc able to issue this.....
CDC issues eviction moratorium extension after Democratic outcry
The Centers for Disease Control and Prevention (CDC) on Tuesday issued a moratorium on evictions targeting areas of the country with high levels of COVID-19 transmission, extending an eviction…thehill.com
Who the fuck elected them to make decisions like this?
Don't worry we had a big miss this morning on jobs number report by ADP.
The Biden economy.
No wonder why him and kamala approval are tanking. But no mean tweets. That's key
The inflation continuing to rise and unemployment rising with even more Government paid for ability to remain unemployed (or underemployed) is bigger factor in a future crash than anything.
hence why “Delta is gonna rape and murder your entire family if you don’t let Biden do illegal things” is now the talking point
Example:
This is why I'm not going crazy buying. I'm still pretty long now.I'm assuming we have a ~10% drawback in markets when the Fed starts tapering, but I'm not sure there is anything showing crash outside of conjecture and speculation.
Yeah, definitely coming in early-mid '23 for sure....maybe earlier, which would be good. I think with employment coming back to full and macros looking good, you should see tapering start here in the next 3-6 months, which is good. The Fed has been pretty solid on communicating moves, so I'm hoping they get everyone primed for it so we don't see the moderate shock that China had. I think people just need to be ready for the next cyclical trade when it happens.This is why I'm not going crazy buying. I'm still pretty long now.
Seems like Financials think a rate increase is coming
This seems alarmist, imo. We've already seen the rate of inflation subsiding in PCE/Trimmed CPI...plus I'm not sure what you're talking about with "rising unemployment"... especially after today's numbers. I'm assuming we have a ~10% drawback in markets when the Fed starts tapering, but I'm not sure there is anything showing crash outside of conjecture and speculation. Chart technicals are nonsense anyways, imo.
Did you not see that idea managed to get 106% of the country vaccinated? COVIDS OVERThe delta is worse than Covid ever was takes have almost 100% been due to Biden’s poor performance in almost every measurable statistic people (media) typically judge a POTUS on.
The only reason it’s not 100% is because there are some true believers nut jobs who don’t understand the con cuz they are huge dorks. (Ex: Brian Seltzer)
PS: not saying I blame Biden for everything, but the delta hysteria is a distraction attempt
Ah, ok...I wasn't really referencing the Covid stuff. I don't necessarily agree but I'm not sure I pay attention enough to Covid hysteria to have a good gauge on it. Brian Seltzer is an absolute goober though.The delta is worse than Covid ever was takes have almost 100% been due to Biden’s poor performance in almost every measurable statistic people (media) typically judge a POTUS on.
The only reason it’s not 100% is because there are some true believers nut jobs who don’t understand the con cuz they are huge dorks. (Ex: Brian Seltzer)
PS: not saying I blame Biden for everything, but the delta hysteria is a distraction attempt
Ah, ok...I wasn't really referencing the Covid stuff. I don't necessarily agree but I'm not sure I pay attention enough to Covid hysteria to have a good gauge on it. Brian Seltzer is an absolute goober though.
inflation highest in 40 years
crime highest in 40 years
spending highest since end of WW2
Unemployment highest in 40 years
The ole “ignore that, look at my thumb!”
PS: fun fact, Joe Biden had already been a United States Senator for 6 years when Animal House came out.