Thread: Epic's Account Talk

Talk about nickel and diming you to death......
I'm a car guy, but will most likely never own a BMW in my life. I found this a little shocking none the less that BMW would even think of treating it's customers like this. Wow !! I've never heard of such a thing.
"$18 monthly fee for heated car seats"

https://www.tweaktown.com/news/87397...ats/index.html

Originally Posted by Epic

Talk about nickel and diming you to death......
I'm a car guy, but will most likely never own a BMW in my life. I found this a little shocking none the less that BMW would even think of treating it's customers like this. Wow !! I've never heard of such a thing.
"$18 monthly fee for heated car seats"

https://www.tweaktown.com/news/87397...ats/index.html

You gotta be $h!ttn me!

Lol, who doesn't have heated car seats these days....my Hybrid Nissan Rogue keeps mine and my wifes buns warm all winter long...and the hybrid keeps our mpg near 35 despite the weight of an AWD system.
BMW's used to be a status symbol...but so many cars are so well made these days, I don't think the Beemer has that much of a "status edge" anymore.
A buddy of mine drives a 2003 Beemer, and thinks he's king of the hill, until he's reminded his ancient car has non of the bells and whistles of todays cars.

Just FYI .......
https://www.cnn.com/2022/08/02/investing/premarket-stocks-trading
"We think the market might have been too complacent too soon in fading recession risks," strategists at Goldman Sachs told clients this week. "We think markets will be vulnerable to hawkish surprises."
The big reason investors haven't dumped stocks is because they entered 2022 with high levels of cash, according to Chedid. As inflation surges, diluting that cash's value, they're not eager to hold more. And so far, attractive alternatives have been limited.
"It means that the pain trade is on the way down," Chedid said. In other words, those who still have skin in the game could get hammered.

https://finance.yahoo.com/news/fed-m...181643882.html

"We have more work to do because we have not seen that turn in inflation," Mester said in an interview with the Washington Post. "It's got to be a sustained several months of evidence that inflation has first peaked - we haven't even seen that yet - and that it's moving down."

Visual Stuff

https://www.aaii.com/sentimentsurvey
https://www.cnn.com/markets/fear-and-greed
https://www.naaim.org/programs/naaim-exposure-index/

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So I was just skimming over the charts at https://www.tradingview.com/markets/stocks-usa/ideas/ and most all that are S&P related have it going down to the 360 area give or take by late August / early September. Some even lower, but most are focused on that 360 number for some reason before the next bounce.
If it goes there, it might be Toe Dippin Time !!!

So they passed that $430 BILLION Dollar Bill in the Senate. How will the Market react this week???? Up, Down, or no effect what so ever??
Should be fun to watch ................

Well that's weird, I just saw another article about the same thing and they quoted $740 BILLION.
I don't know who's right, but that's still a lot of our Tax Dollars they're spending.
Now, back to my Popcorn.............

​In my jumping around, two Talking Heads making the same observation. Coincidence?? Hmmmmm.....
I really have no idea, but I thought it was interesting...... Food for thought.

https://twitter.com/MauroBianchi24/status/1556307379851075586
https://twitter.com/MasterPandaWu/st...CiiaerzpkrAAAA

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Just another interesting FYI that I noticed. Will the reaction be the same???
https://twitter.com/SuburbanDrone


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