It’ll cover my next omakase and bar tab.Enjoy your extra $5.
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
Man up and stop whining. I haven’t notice any inflation yet. However, we don’t bother looking at day to day costs of life.
Totally agree with his point on high quality large cap is the place to be over-weighted, especially in an environment like this.
+1
Also, I posted a video above that makes a similar point. The nominal yield curve that many are citing is BS now. Even if it inverts, the “real” yield curve which is more important looks perfectly fine.
Well, when you go to the same place every week and are used to paying $10 and now it’s $13+ hard not to notice! Fortunately, these increases don’t change my lifestyle but I imagine others are feeling it.Man up and stop whining. I haven’t notice any inflation yet. However, we don’t bother looking at day to day costs of life.
They are using inflation as a justification to raise prices greater than the rate of inflation
I agree. I see many locations increasing their prices, sometimes I just pay up and other times I reduce the number of times I will visit the location.
Some of these places have some balls with their price hikes. I just write them off permanently each time one does this. My cooking skills have gotten to the point where I can make something at home that is often just as good for a fraction of the price.
Is Asbury Park beer garden still asking 28 bucks for a bratwurst platter LOL
I see WSB is still banging home the whole MOASS idea lol
When the State took the sales tax off the wholesale sale of liquor and put it on the retail sales of each drink the bar owners raised the cost of a drink by 50% and blamed in on the sales tax
Maybe some are, but where I'm at, raising prices is just part of our weekly regiment. If we don't we will be selling stuff at, or even below cost. That is obviously not good for business.
And of course there is the weekly hunt for products which are in warehouse.
Luckily we haven't had to hire anyone lately.
Lol. In the metro restaurant world, the back of the house very much relies on "visiting" labor.
Similar to the oil story it seems. It's there. We need it. But we won't allow it to happen.
Barclays overissued shares of the ETN and now its FUBAR. Just crazy considering I actually invested in this.
Basically they issue then sold securities they were not allowed to sell because some junior analyst forgot to file a generic SEC form allowing them to actually sell. Billions in securities now have to be bought back at par, some currently worth well below.
GME is up about 5,000% over the past 2 years. Man-up and stop settling for crumbs.
Monkey see, monkey do. Ryan Cohen saw the bump/pump TSLA got the other day from announcing they will ask shareholders for approval. Every company should just start tweeting about every proposed corporate action and watch the stocks rise.
Canola oil for French fries jumped from $19 to $42. This is only going to get worse especially when restaurants hear what everyone else is doing.
Oh no, fries going up 50 cents.....which people should enjoy only occasionally.
In my view, I wouldn’t characterize it as a junior analyst forgot the file a generic SEC form. Basically their practices didn’t adhere to the their registration statement filed with the SEC. They needed to file another registration statement or shelf registration, or stay within the parameters of the effective registration statement. Senior heads (Chief Risk Officer and others) will likely roll. This was a huge blunder that goes to senior management. In my opinion…
I read the Matt Levine BBG opinion piece which I know was poking fun at the situation and that’s how they classified it.
Okay got it. But I’m pretty sure anyone who was ever involved in registration statements for securities issuance wouldn’t characterize it as such. It was bizarre in any case.
The CNBC crew had a segment this morning about inflation and food costs and they were saying the prices never really go back down.
Last summer, one dozen buffalo wings was $60. I got 20 wings for $26 last night.
Behind a paywall, but the message is clear!
Ye
Yeah, and you see the size of the wings restaurants are serving now? I ordered wings last week and they must have been from a newborn chick.