Gregmal

Yup. Sites gone to total shit IMO. Never did I think I was gonna be the one to say that either lol. We had politics during Trump 1 and it wasn’t great(albeit entertaining). Then banned criticizing Bid…politics for 4 years, then brought it back to let people groan about everything(only after banning a few Republicans) and cry over stock market pullbacks cuz it’s Trump. Now 90% of the investment forum is just worthless drivel.

Looks like a home run for Bonds

People are morons. Haven't we seen? We can't even admit Disney shit the bed with its market cuz ...."MY TEAM!". Gonna be time to checkout soon.

They sell to builders and wealthy folks whom build homes and most counter parties pay cash. If builders need volume then they need financing costs to come down. Most RE developments, just look at MF, use some form of leverage. As long as that remains prohibitive not much is gonna get done about the whole supply and demand problem. We “almost” had a MF building spree that crashed the market for those assets with ungodly amounts of supply….almost. But Jerry came to the rescue.

A lot less sensitive to rates than conventional wisdom would say. Same goes for home prices. Touched on this in the thread.

Agreed. Jerry made a shitty DR Horton 3/2 a luxury item. God bless the establishment lol

This is exactly my point. Powell thought on a basic, first level academic sense that ignores a decade of under building, a Covid period that invigorated demand for personal space and property, and a prolonged period of low rates. It’s was soooo obvious what was gonna happen. And what happened is he made housing more expensive for the majority of the population. Doesn’t matter if it “technically” didnt raise the all cash price @Red Lion and I were paying when competition started dropping like flies. Powell totally fucked the common man because he got drunk on attention from the hedge fund guys in 2022 screaming “it’s their mandate!”…even though the supply and demand of Spaghetti-Os was gonna take care of itself regardless of what he did.

It’s crazy how people think so statically. Everything is situational and has evolving variables.

Yea they’re made it too expensive for the plebs to buy houses. But don’t worry Blackstone has rentals.

lol you missed I guess what this did to home prices and rental rates did you? Among many other things. Yea, go figure. By the time you figure it out we ll be on to the next trade

Yea, bbbbbbut, Powell successfully caused the price of a frozen Digiorno pizza to come down $2…. Jesus fuckin Christ lol

lol higher rates on the most expensive(not to mention most essential) things for most people, ie housing and auto financing, didn’t cause inflation? We dense? Or we giving him credit for solving the supply chain stuff that had zero to do with him and rates and all that but nonetheless was the perfect excuse to grab the spotlight?

Sounds like a lot of the same arguments they used to give Powell leeway to hurt peoples job prospects and salary optionality and risk a recession; guess this time they didn’t get their cash and short positions sured up ahead of time.

What’s ironic is, assuming the tariffs are in fact reciprocal…who TF is complaining? Anti American whiners whom believe only America should face tariffs? Like go fly a kite.

Powell jacking up the cost of the the most expensive essentials such as cars and houses via rates and gambling with a recession …heroic Trump hiking prices via tariffs on select goods, and gambling with a recession….idiotic, insane, etc Classic

Luxury voting. Kinda similar to what you describe. Where you’re well off enough that you can knowingly vote for stupid shit like pro tax, pro crime, pro big government policy because casting the vote scratches “other” itches and you’ll likely be OK regardless.

That all sounds great but many people had absolutely no problem with the way things were before. That’s why luxury voting became en vogue…

MGM and starter in NVO

For the same reason plenty rush in to take the bait on the "fake jobs numbers" post....of course, when it's "our team" we can get to the bottom of things and ascertain the necessary details and proper perspective. When it's not "our team", diatribe and drivel rules the day....everything is sensational and everyone on the "other team" is obviously just an idiot.

This is false. They clearly pulled her nom because for months NY politicians in Albany have been scheming and concocting ways to either delay or deny her seat from being filled.

So the roundabout thing everyone is insinuating but no one wants to openly admit because orange man bad, is that the system is currently built on unsustainable underpinnings and that pretty much any solution in terms of fixing it causes the whole thing to collapse? Yea…

It’s so spot on because what @73 Reds says and how he says it is lethally precise. People just irrationally lose their minds when it comes to Trump. It’s amusing to watch, to say the least. Take the “scalpel not chainsaw” people…great, scalpel, except what scalpel would we have gotten if things had gone the way they wanted based on how they voted? None. If they had gotten their way the party they support would’ve just continued the expansion of government and waste. Thus it’s logical to conclude the “scalpel” defense is not genuine, but rather an attempt to obstruct, until someone else takes office who will go back to doing things business as usual. So yes, even on issues as simple as government being too big and too wasteful, the idea of fixing it is controversial and making people lose their minds, because it’s Trump.

This is going to make so many people rage lol The TDS version is that even though Buffett didn’t say anything about Trump, he was speaking negatively about Trump. They do indeed see and hear what they want to.

100% and it’s stunning how many people can’t fathom this or just put petty personal grievances first. Government involvement in my life, taxes, and safety….thats all I care about. You could put a chimpanzee in a tutu on the ballot and if they’re on the right side of those issues, I’d vote for em.

You don’t recall when they overstated the employment number by 800k+?