OT: Stock and Investment Thread
- Thread starter RU05
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The tab for "the party" always comes due at some point, and partygoers must pay their fair share, eventually. To expect otherwise is foolish.So sad. Party must continue!
That said, 25 bps is coming.
In the meantime, Berkshire has been buying back its shares. When Buffet does this, it signals he sees no (or little) opportunity elsewhere in the market and his own company is under-valued.
I don’t know which direction this market going. Lot of noise about recession and lower market but did buy some ADP, COST, BDX, PG, AWK, and HD last couple of days. Most close to their low and expect they back when the market recovers, maybe now at 25-30% equities. The rest are in FANG and medical stocks.
Would like to know what % is everybody in stocks? Is T2K the only one positive on the market.
Would like to know what % is everybody in stocks? Is T2K the only one positive on the market.
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The tab has come due several times already, but was paid by the parents (i.e., taxpayers), not the partygoers!
Berkshire is the top holding of one of my value funds. Bought more last Friday.
I'm about 78% stocks, 22% FI. It's based on my age and duration before I'll need it for retirement. I'm not buying/selling and moving positions regularly, I basically buy index funds in 401k, and Taxable, and keep buying with any new money.
That said, I have bought more treasuries in the last 2 months then I had bought in my previous lifetime.
President Trump will have her arrested on Jan 20, 2025.
Home prices finally turned negative YoY for the first time in 11 years. Home prices have been going down for months and months, but YoY math lags. Look for OER to follow suit and turn YoY negative soon as we start to lap the months of peak inflation (early 2022).
#inflationisgone
Plan accordingly.
#inflationisgone
Plan accordingly.
Went down to 33% in August 2021 and have ranged between 30-35% since. I am holding tight for now, as cash is providing me with a decent return.
The national numbers are a bit fickle to digest. The overall results are skewed by a handful of markets that had absurd 100-200% increases from 2017-2022. Those are driving the overall results, much of the country (especially NJ/Northeast) will still see appreciation albeit at a slower rate.
Is it that they can't go above 5% in the modern economy? Or that they shouldn't keep raising after going from 0% to 5% in a twelve month period?
CNBC grilling(a little) a Goldman Sachs oil guy for his $100 call.
WTI currently just under $70, and hit it's 12 month lows on the 13th of this month.
Still waiting to see that dip show up at the pump.
WTI currently just under $70, and hit it's 12 month lows on the 13th of this month.
Still waiting to see that dip show up at the pump.
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anon_0k9zlfz6lz9oy
Guest
The fact of the matter is that the interest rates should have been raised in mid 2021
As expected, face saving 0.25%, pause coming soon:
Fed hikes rates by a quarter percentage point, indicates increases are near an end
Fed hikes rates by a quarter percentage point, indicates increases are near an end
Your consistent, if nothing else.
Seriously, though, I listened in on Powell's briefing. Not sure of CNBC's take on it, but I heard the Fed will stay the course. Expecting at least three more increases.
I would feel better if the pause was after lower inflation numbers were reported and not under the current situation.
You can say that. There is always a catalyst. SVB gave it a 45% bump to where? The 28ish level....And suddenly the seller show up.
Nothing has changed in over a year. They can whisper in our ears whatever we want to hear. At the end of the day they drive the bus and they are pretty clear as to the direction they're heading in. There will be no rate cut this year.
Where is this mystical inflation you are talking about? Oil/energy? No. House prices? No. Commodities? No. Rent? No. The only thing that supports the high inflation narrative is the garbage CPI math (and we are all too smart to believe that).
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anon_0k9zlfz6lz9oy
Guest
Youre smoking crack if you think theres going to be 3 more increases after that presser today. JP kinda slipped up at one point and implied they were done
Gov going after more crypto businesses:
Powell has been very consistent in his words and actions since he began raising rates. Says rate hikes will continue until inflation comes down.
People trying to read the tea leaves on his comments are missing the plot.
Coinbase wants this fight so the courts can do the job the SEC is refusing to do (i.e., give some regulatory clarity to the crypto market).
Even CPI has been negative for months when using real-time shelter data. Where is this mystical inflation?
Well sure, but even in that timeframe, that's a very fast 0-5 acceleration.
I tend to agree with this but feel the Fed will not likely increase much more. What had the markets sell off is when Powell said that there would likely not be any rate cuts this year. People were hoping for cuts but that doesn't seem likely.
Different situation.
Let's let the facts come out because nobody even knows what they are being accused of yet.