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Gepetto

Stock Market bubble - will crash

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22 hours ago, nobody said:

I don't consider helping them pay for education being run by them.  I just said I think they run you.  You are the one that said they don't run you because as you said you don't give them money even though now you say you do give them money.  

But it isn't about how much money you give them.  My perception of you is your kids run you and in the context of horseman's suggestion that you could've given them a loan and paid you interest instead of a bank, my perception is they would never pay you back and you wouldn't enforce it because they run you just like rusty is run by his female.

💥

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5 hours ago, Strike said:

  I hope this crash stops soon.   Oh, the HORROR!!!!!

Should have bought the 1.5% dip.  :lol:

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The whole student loan debt issue has always perplexed me. I've known people who sent their children to college, who would sky scream when the price of oil/gasoline went up $0.20 in one week. Same for healthcare insurance, homeowners insurance, housing, plumbing, roofing, siding, dental, etc. Yet I don't seem to recall any of them screaming at the sky regarding the actual tuition rates. Very few of the countless articles relating to higher ed costs, are willing to discuss the root cause. The institutions themselves. When you do find an article that addresses this, they almost always use this as the main excuse.

Reduced State Funding: State support for higher education has declined, shifting the financial burden to students through higher tuition rates. 
That's kind of irrelevant isn't it, state support or not, they're still raising tuition at an amount far above the rate of inflation.

I was first made aware of this 18 years ago when the Minneapolis Star Tribune had an article titled ‘what things cost then and now’

https://www.imagebam.com/view/ME14RF3C

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2 minutes ago, seafoam1 said:

This crash is awesome!! :thumbsup:

Not impressed. Last year was well over double this pace. Sloppy Deepstate Don needs to pick it up.

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4 minutes ago, thegeneral said:

Not impressed. Last year was well over double this pace. Sloppy Deepstate Don needs to pick it up.

You clearly don't know what you are talking about. In the past 12 months I'm up $80k gains in just one of my three accounts. The other two, with one being cash for daily spending, another $15k. And that has been mostly from last December until now. Definitely better than the previous 12. And finally a real president is putting things right. :thumbsup:

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Just now, seafoam1 said:

You clearly don't know what you are talking about. In the past 12 months I'm up $80k gains in just one of my three accounts. The other two, with one being cash for daily spending, another $15k. And that has been mostly from last December until now. Definitely better than the previous 12. And finally a real president is putting things right. :thumbsup:

Your specific investments aren’t really what’s relevant. If we want to talk specific investments people hold, they could be up or down anything despite the health of the over all markets.

The markets overall did much, much better last year to date than this year to date. Dow Jones and S&P both well over double the pace of this year.

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8 minutes ago, thegeneral said:

Your specific investments aren’t really what’s relevant. If we want to talk specific investments people hold, they could be up or down anything despite the health of the over all markets.

The markets overall did much, much better last year to date than this year to date. Dow Jones and S&P both well over double the pace of this year.

That doesn't mean much. Because when you destroy an economy, and then go senile and then a couple smarter people step in for a bit, it appears better than you think it is. As was the case with biden.

All biden did was destroy things and then later  allow the natural course of the US bring things back a bit in spite of his ridiculous, stupid, spending. 

Plus, when people saw Trump back on the scene and biden put out to pasture, confidence grew. 

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3 minutes ago, seafoam1 said:

That doesn't mean much. Because when you destroy an economy, and then go senile and then a couple smarter people step in for a bit, it appears better than you think it is. As was the case with biden.

All biden did was destroy things and then later  allow the natural course of the US bring things back a bit in spite of his ridiculous, stupid, spending. 

Plus, when people saw Trump back on the scene and biden put out to pasture, confidence grew. 

This is all meaningless dribble.

Deepstate Don trailing last year…badly. That’s the fact. I’m glad to see you conceded that point.

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1 minute ago, thegeneral said:

This is all meaningless dribble.

Deepstate Don trailing last year…badly. That’s the fact. I’m glad to see you conceded that point.

Trailing bad? What mental illness were you experiencing? 

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I tend to not put too much stock into the stock market performance 😁

Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story.  Not going to be sad things are going well. 

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1 minute ago, RLLD said:

I tend to not put too much stock into the stock market performance 😁

Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story.  Not going to be sad things are going well. 

People's overall confidence in the economy is underrated in the big picture. It's not the only thing, but it's a true driver. 

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1 minute ago, seafoam1 said:

People's overall confidence in the economy is underrated in the big picture. It's not the only thing, but it's a true driver. 

Maybe.  I would understand if people are unhappy that the Biden-inflation seems to be sticking around, but its just not easy to wring that sh!t out once you allow it to happen.  I think Trump oversold on his ability to influence changes in market prices.  They go up rather easily and come down rather slowly.  The important part for us being that he is building an economy, not simply trying to win votes by making stupid choices in the short term that might sell as good, but actually harm in the long term.  

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17 minutes ago, seafoam1 said:

Trailing bad? What mental illness were you experiencing? 

What we were talking about….you ok?

The markets are trailing badly versus last year at this point. 

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9 minutes ago, RLLD said:

I tend to not put too much stock into the stock market performance 😁

Its nice when its doing well of course, but as a marker for overall economic health, it does not seem to really tell much of a story.  Not going to be sad things are going well. 

The topic is market performance and generically assigning it to the Prez. Don 2.0 is way behind!

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US stocks rebounded sharply Monday, recovering from last week's sell-off sparked by disappointing labor data and continuing trade uncertainty.

The benchmark S&P 500 (^GSPC) climbed 1.5%, while the blue-chip Dow Jones Industrial Average (^DJI) rose 1.3%, or nearly 600 points. The tech-heavy Nasdaq Composite (^IXIC) led the gains, rising about 1.9%.

Shares of Nvidia (NVDA) jumped 3%, while Meta (META) and Microsoft (MSFT) also rose to close at all-time highs. 🏆 

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JOBY is interesting. I only had enough cash to buy 150 shares in my rollover IRA, but not going to complain. 

It's looking like 100 of those will be called away/assigned this coming Friday, but I'll still have 50 to ride to the moon if it goes there.

https://www.imagebam.com/view/ME14RHHL

https://www.jobyaviation.com

Earnings report this Wednesday. It's up about 150% in the last month alone, so as always, due diligence. 

 

 

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8 minutes ago, The Real timschochet said:

Ironically it was the bad news on Friday that drove the market up today: the figuring is that Powell is now sure to cut rates next month. Hope he does. 

😆 You've been wrong.....forever. Never once right. And you are welcher to top it off. 

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15 hours ago, thegeneral said:

The topic is market performance and generically assigning it to the Prez. Don 2.0 is way behind!

You're cherry picking stats.  The market had a correction in 2025.  

The market is doing great compared to last time that happened, under Biden, in 2022.  

HTH 

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Is there a specific stock that you guys really like?  Something you're really excited about?

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12 minutes ago, Hawkeye21 said:

Is there a specific stock that you guys really like?  Something you're really excited about?

BOFA

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