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Gasoline futures much lower than the national average. ($3.05 vs $4.01) Even with gas taxes, that's a big discrepancy with possible lower gas prices at the pump coming in the weeks or months ahead.

I don't like when resistance is broken higher with a gap up since it almost guarantees backfilling somewhere along the line. Would rather have seen an open in the red, then the big move. Massive...

WSJ calling a new bull market in the Nasdaq after today's close.

More selling by Musk.



https://www.wsj.com/articles/elon-musk-sells-nearly-7-billion-worth-of-tesla-stock

A friend of mine was telling me about how the housing market is falling hard again. I don't pay attention much since our will be paid off in a year and we don't look at a house as an investment. He...

At bubble highs, pension funds are barely fully funded. Now we're finding most pension funds (and individual savers) are swimming naked.


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Looked like a suicide attempt, but the driver of the speeding car lived.



https://www.latimes.com/california/story/2022-08-04/windsor-hills-fiery-crash-kills-multiple-people-pregnant-woman

Get it to 3% next meeting then wait for things to catch up. The fed always overdoes it on both ends (cutting and raising rates).

I agree peak inflation has probably passed. Gasoline demand is below where it was at the same time in August 2020. If only the US had more refinery capacity.
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Agree with fireweather that inflation has probably peaked. Thanks to high prices, gasoline demand is starting to dwindle and prices are starting to come down. The administration will take full...

Google, Microsoft, Tesla all announcing layoffs and multiple companies now delaying or cancelling real estate projects. Just about any company involved in electric vehicles are laying people off...

If you have a certified copy of the TSP-3 form in your digital file, how can your beneficiaries be deleted? I would be willing to bet they have not been deleted and that it's just a matter of things...

Federal Register / Vol. 73, No. 80 / Thursday, April 24, 2008 / Rules and Regulations



Last activity on that thread was August 2008.

54972

You'd think the forcing of electric vehicles and appliances on people by politicians would really be good for the EV makers, but it's not.

Just saw this one:...

A few months old, but gives an idea of bitcoin sentiment in a survey among Goldman Sachs clients. Since March bitcoin is down over 50%, but anyone holding bitcoin will be biased to the bull side.
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Big insider selling in NVDA in previous months though. NVDA's big run was mostly due to crypto miners.

54942

https://finviz.com/quote.ashx?t=NVDA

Only 12 more days until GDP comes in negative to make it official.

When does the fed stop and when do they reverse course to fend off deflation again?

Also buried in that article - blockchain.com is facing a $270M loss from their loans to 3AC. It's fun to watch the collateral damage. The more I read, the more I realize crypto, specifically defi...

Leveraged loans are a risk. So are weak borrowers. Just like 2008 with subprime loans, how many extended themselves with large home and auto purchases but then got whacked by rising prices...

The whining. How about those 84 international golfers in the PGA? PGA doesn't want anyone else to have those players.

https://www.pgatourmediaguide.com/player/international

50% is about as high as any of those forecasters will ever go. High enough to be right, low enough to say they never called one if if doesn't happen.

In 2008, the announcement came December 1 and...

What a troll. How are his childish actions making society a better place?

Think about how many millions $$ will be blown in the upcoming court battle. My thought is he's going to be on the...

Now he's trying to bail on Twitter, and they're not going down without a fight.



https://www.wsj.com/articles/musk-says-he-is-terminating-twitter-deal-11657315905

I remember back in the day when DeVry and ITT Tech advertised heavily on TV and radio. Turns out they were two of the fraudster colleges.

Amazing how the low rates in 2020 were completely negated by bubble prices in homes. It's going to take a housing crash to right this ship.

54739
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