Gamecock-YT

Here come the layoffs: https://ir.truist.com/download/Barclays+Global+Financial+Services+Conference+2023.pdf Sept 11 (Reuters) - Truist Financial (TFC.N) is planning "sizable reductions" to its workforce over the next few months to save roughly $300 million in costs and said the bank's revenue for the current quarter was likely to be in line with its expectations. The layoffs, part of a larger cost savings program, will be underway from the current quarter to the first quarter of 2024, Truist said in a presentation to investors on Monday, sending shares 2% higher in mid-morning trading.

any of the wallstreetbets pump and dumps

t-bills

just trying to get people to quit so you don't have to pay severance/layoff costs

Time to start cashing these out. June/December purchases sell now. July/January October 1st. I'll probably move them to short term t-bills

Cars are getting more popular but given how narrow a lot of the streets are in town, motos are still the mode of transport of choice for the locals. It's certainly cheaper to get around with grab on a moto but just be sure you keep your arms and legs in tight to the bike. I've got my ankle scrapped once while riding there.

The heat and humidity are brutal in September. Buy a esim before you go or there are reasonably priced sim card you can buy at the airport. Download grab to get around. A car from the airport into town is insanely cheap if you are used to lyft/grab prices. If this is your first time, a good area to stay is around the old quarter/hoan kiem lake. Hoa Lo Prison aka Hanoi Hilton is worth a visit, just be prepared for lots of propaganda. Area around Uncle Ho's mausoleum is nice, just don't piss off the guards. Can get from there to the Imperial Citadel and the war bunkers. For food: Banh Mi 25 is a must when I visit. Bun Cha Ta for Bun Cha. Pasteur Street Brewing for beers. Also be sure to watch some youtube videos on how to cross the road properly. The first time you do it is a real leap of faith. Maybe bring some earplugs too to cancel out some of the incessant horn honks you'll be hearing if your room isn't very insulated. Enjoy!

Sounds like when the US government switched from CSRS to FERS. They tried like hell to get people to switch to FERS. If it was such a great deal, why push people to the other plan?

Also not danish but just back from a few days there.... Good beer spots: the mikkeller bars, Søernes Ølbar, and Fermentoren. Boerns Gadekokken is a nice little food truck/outdoor spot. Ditto to skip the mermaid statue. I biked over to CopenHill, kind of unique spot to have a beer after you finish hiking up.

I guess you missed Tucker Carlson lambasting Pence for caring about Ukraine more than what was going on in the US. Especially will become an issue if the economy has issues before the election

Yeah Jetblue didn't try to appeal the northeast alliance ruling while American Air did. Trying to play ball with the Feds to push through the sprit deal. I think there's going to be some merger issues from a culture perspective, JetBlue thinks of themselves almost as a 'luxury brand' as much as one can an airline. Whereas Spirit is basically a flixbus/greyhound bus service. Can those employees adapt to the luxury culture? Or will the standards drop? But if anything this allows JetBlue to expand rapidly in a period where there's a shortage of both pilots and aircraft.

It's like the Doolittle Raid of Tokyo in WW2. Bringing the war home.

during the pandemic I was using it every day. Still when I'm at home I sous vide some boiled eggs for breakfast and usually sous vide some salmon for dinner. Easy.

a sous vide will get you 80% of the the way there for 5-10% of the cost depending how fancy a setup you want

Buyout groups raise debt against portfolios to return cash as dealmaking slows https://www.ft.com/content/f23d9cd9-2650-4943-a9ac-eb262414e772 Private equity fund managers are borrowing against asset portfolios to return cash to investors as they struggle to exit investments, adding another layer of debt to the loans financing their corporate buyouts. Firms are increasingly resorting to the technique, called net asset value financing, because rising debt costs and concern over the economy are making it difficult for them to sell or list the companies they own. .. But some analysts have voiced concerns that such borrowing heaps extra debt on buyout portfolio companies that are already grappling with higher borrowing costs and a weakening economic outlook.

I think you are fooling yourself if you don’t think these are ultimately beholden to the local government in some capacity. If there was a way to invest in landing fees/port fees for ships or some type of revenue stream I’d be more interested than having to invest in an asset that most people hate or if they love it’s ran or operated by the state trying to advertise to the world.

Well over 50%, probably close to 60%. A nice slug in ibonds I’ll probably cash in by the end of the year. Rest of the portfolio sitting in 4/8 week bills that I roll and money market funds in the tax-free accounts. Worse problems to have than sitting in cash.

Stress tests have always been a joke. The only one that’s ever had any teeth was the covid re-run in the beginning of the pandemic. They are a check the box exercise at this point. The internal scenarios the banks run are incredibly more punitive and a lot more dynamic to market conditions. The Fed is always fighting the last crisis, that extends to stress testing as well.

Sorry honey I spent this month's student loan bill on zero dated options.

American tried suing the people they sold their unlimited flights to. Agree with #3 and 4 of his tips. #2 will usually cause more problems than it is worth. Standbys get those seats. Guess if you are good at making lame excuses.

it's mergent archives. I don't have access to the database any longer. Best bet is try a public or college library for access.

Might be coincidence but I’ve seen 3 sub hunter planes leaving Iceland this morning. Have a good guess where they are heading….

beauty of leaving the finance industry and the day-to-day coming and goings is you realize so so SOOOO much of news is just idle banter in order to fill a broadcast, newspaper, etc. it’s all noise. much better to be in your own thoughts and stick to your little niches. Then just wait. im currently waiting while on a cruise going through the Norwegian fjords. Logged on to my brokerage account once in the past 7-8 days? someone let me know when the market blows up.

Just an average day air quality wise in Southeast Asia

Being able to do what you want, when you want, how you want. And the price of that depends on where you are choosing to do it at. First world that figure is a lot higher than going to the second or third world. Also depends if you want lifestyle signaling/keeping up with the Joneses. To each their own.