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10-17-2024, 11:33 AM | #8471 | ||
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Quote:
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10-17-2024, 12:22 PM | #8472 | |
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unless we see revised data in a week lol
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10-17-2024, 12:58 PM | #8473 | |
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I don't see any alarming data.
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10-17-2024, 04:21 PM | #8474 |
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Nobody knows what's really going to happen in the market. It's all speculation, estimates, and prior history to develop an educated guess. I've always found it quite funny when market analysts put so much weight into a sub 1% movement in employment, growth, etc. especially movements of 0.1%. LOL
Consumers are likely spending again because many prices have fallen and there are more deals to be had as many companies and manufacturers realize that they got really greedy and have had to pull back prices to order to move their products/inventory.
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Last edited by XutvJet; 10-17-2024 at 04:29 PM.. |
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10-18-2024, 07:51 AM | #8475 | |
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I also disagree with the "greedy manufacturers", they have always tried to get as much as they can for their products, they are paid to sell, maximize profits and raising prices when they can is part of it. Prices go up with demand going up, come down some amount with demand dropping, there isn't some changing mentality based on greed.
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10-21-2024, 06:30 AM | #8476 |
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10-21-2024, 05:38 PM | #8477 |
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So how much cash does everyone have?
I'm at 7%. Probably staying put for the time being. Been trimming big tech pretty constantly the past 2 months or so... |
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10-22-2024, 03:44 PM | #8478 |
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About 6%. Still mostly invested in S&P 500 index funds (70%), Berkshire Class B (15%), and then various other mutual funds, bond funds, stocks, and cash. Pretty much the way I've had things for since 2017. I don't plan to change anything.
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The forest was shrinking, but the Trees kept voting for the Axe, for the Axe was clever and convinced the Trees that because his handle was made of wood, he was one of them.
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10-23-2024, 08:19 AM | #8479 |
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the lols do not stop
https://www.cnbc.com/2024/10/23/mort...mer-highs.html seems like the fed's narrative has changed so yields are reacting already and yet again... the good old average consumer gets screwed
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10-24-2024, 09:26 AM | #8480 |
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On this day in 1929 was Black Thursday and the market dropped 11%. On this same day in 2008 was Bloody Friday when we had a worldwide crash with most indexes dropping 10%. Screw October 24th when it comes to the market. Things are looking fine today.
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Yesterday, 09:44 AM | #8482 | |
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very heavy in tech but adding more to others like rtx, xom, jpm, amzn to try and diversify a bit more now.
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