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Post-Corona Economy

Posted: Thu Jan 20, 2022 1:02 pm
by Leisher

Post-Corona Economy

Posted: Thu Jan 20, 2022 1:07 pm
by TheCatt
Leisher wrote: Thu Jan 20, 2022 1:02 pm Tech stocks are "correcting"
They already corrected. But, I mean, that takes prices back to all of October 2021.

But this is part of the interest rate yield climbing. Valuations drop when risk free rates of return go up.

Post-Corona Economy

Posted: Fri Jan 21, 2022 3:33 pm
by TheCatt
TheCatt wrote: Tue Jan 18, 2022 4:59 pm I feel like the march upwards is inevitable. Obviously there's a billion factors, but all equal, with just the Fed and the economy in the mix, rates are way below where they should be.

An interesting study came out recently showing how badly 10 year yields have lagged real inflation for the past 40+ years.

Basically, the yields right now are saying "Yeah, inflation is hot (7%), and growth is good (3%), but they will both end in one year"
Interest rates are down 15 basis points, but stocks are also down. Crypto also way down. People are going "risk off" or think Russia's going to invade and fuck it all up.

Post-Corona Economy

Posted: Fri Jan 21, 2022 10:16 pm
by TheCatt
This dude is more bearish than I am https://markets.businessinsider.com/new ... pto-2022-1

Post-Corona Economy

Posted: Mon Jan 24, 2022 10:16 am
by TheCatt
Stocks are sadder today. Especially tech stocks, which are closing in on bear territory.

Post-Corona Economy

Posted: Mon Jan 24, 2022 11:07 am
by Leisher
TheCatt wrote: Mon Jan 24, 2022 10:16 ambear territory
Image

Post-Corona Economy

Posted: Mon Jan 24, 2022 3:16 pm
by TheCatt

Post-Corona Economy

Posted: Mon Jan 24, 2022 3:20 pm
by GORDON
If that's the same thing I read yesterday, they're at-will employees, too.

One of the people released a letter the hospital sent out, how the other hospital put lives in danger by headhunting in their company/poaching. The guy said no, he took a better job, told all his friends and the first hospital, and they all left voluntarily.

Post-Corona Economy

Posted: Mon Jan 24, 2022 8:06 pm
by TheCatt
TheCatt wrote: Mon Jan 24, 2022 3:16 pm Hospital hires group of workers from other hospital; The other hospital sues; Judge gives them a temporary injunction.

Wtf? So if you can't match pay + benefits, just sue?
Apparently resolved, and the people can all take their new jobs tomorrow.

Post-Corona Economy

Posted: Tue Jan 25, 2022 1:08 pm
by Leisher
Stocks still sliding.

Nice to see the cryptos taking a beating though.

Post-Corona Economy

Posted: Wed Jan 26, 2022 3:08 pm
by TheCatt
Market was up a few hundred points, then The Fed spoke and we're down a few hundred instead. Interest rates climbing again some.

Post-Corona Economy

Posted: Thu Jan 27, 2022 9:15 am
by TheCatt

Post-Corona Economy

Posted: Thu Jan 27, 2022 10:47 am
by GORDON
Oooohhhh no. We decided long ago that all changes in the first 2 years were thanks to the last president.

Post-Corona Economy

Posted: Thu Jan 27, 2022 11:36 am
by TheCatt
GORDON wrote: Thu Jan 27, 2022 10:47 am Oooohhhh no. We decided long ago that all changes in the first 2 years were thanks to the last president.
No, we decided that president doesn't mean shit.

Post-Corona Economy

Posted: Thu Jan 27, 2022 11:44 am
by GORDON
Goddammit. My eyes just fell out because I rolled them so hard. Harder than anyone has ever eyerolled in the history of mankind.

Post-Corona Economy

Posted: Tue Feb 01, 2022 11:42 am
by TheCatt

Post-Corona Economy

Posted: Tue Feb 01, 2022 1:03 pm
by Leisher
TheCatt wrote: Tue Feb 01, 2022 11:42 am There are a shit ton of jobs available.
Nobody wants them.

It's a mix of:
-People not wanting to work in a pandemic
-People demanding more in wages and benefits
-People being told nonstop that they're worth more and they should hold out until they're management

Post-Corona Economy

Posted: Wed Feb 02, 2022 10:31 am
by TheCatt
How bad is the car supply chain? This was an ad I got today.

Image

Post-Corona Economy

Posted: Wed Feb 02, 2022 10:37 am
by GORDON
egg noodles still aren't in stock, just like they weren't in Soviet Russia in 1979.

Post-Corona Economy

Posted: Wed Feb 02, 2022 10:42 am
by TheCatt
GORDON wrote: Wed Feb 02, 2022 10:37 am egg noodles still aren't in stock, just like they weren't in Soviet Russia in 1979.
I mean, you shouldn't eat those anyway