Welcome to Thunderdome

TheCatt wrote: ↑Mon Sep 19, 2022 11:40 pm We stick to Dennys.com

Sorry, I didn't realize how much your family hates black people.

Interest rates expected to be bumped 3/4 a point today to fight "white hot inflation".

Walmart, Target, Kroger, Ds, and Rs team up to fight CC swipe fees.

"Swipe fees for credit cards are higher in the United States than anywhere else in the industrialized world — more than seven times as high as Europe,"

The historic streak of falling gasoline prices in the US is over

I mean, it had nowhere to go but down...

The last time the national average price for gasoline rose was June 14, when it hit a record of $5.02.

GORDON wrote: ↑Tue Jul 26, 2022 5:39 pm But I guess Chipotle is going for it:

https://www.marketwatch.com/story/robot ... 1658775070

French fry robot.

https://www.washingtonpost.com/business ... -industry/

Where's the lie in that comic? Hell, weren't the stats already like 70% of guys had jerked off in their workplace or something?

GORDON wrote: ↑Wed Sep 21, 2022 4:00 pm

GORDON wrote: ↑Tue Jul 26, 2022 5:39 pm But I guess Chipotle is going for it:

https://www.marketwatch.com/story/robot ... 1658775070

French fry robot.

https://www.washingtonpost.com/business ... -industry/

I think there's a burger one out there too.

Leisher wrote: ↑Wed Sep 21, 2022 9:49 pm 70% of guys had jerked off in their workplace or something?

Ewwwwwwwwwww. Men are disgusting.

I'm more a fan of WFH nooners.

Keep an eye on this storm. From what I have been told there's another one behind it, but hasn't formed into anything yet.



Also...

This is crazy: a function can give you the same output for two different sets of inputs!

Danny must wander the world in continuous bewilderment.

It is a pretty dramatic change in spending power for mortgages. Large # of people can just take their money and put it into 2 year bonds and get more back than their mortgage costs (4.2%)

Leisher wrote: ↑Thu Sep 22, 2022 11:58 pm Keep an eye on this storm. From what I have been told there's another one behind it, but hasn't formed into anything yet.

This morning's update has it going much further east -> Cuba + Florida

This guy copies me two years later and also says ten years.

https://finance.yahoo.com/news/market-c ... 25008.html

TheCatt wrote: ↑Fri Sep 23, 2022 8:49 am

Leisher wrote: ↑Thu Sep 22, 2022 11:58 pm Keep an eye on this storm. From what I have been told there's another one behind it, but hasn't formed into anything yet.

This morning's update has it going much further east -> Cuba + Florida

My family is rooting for it to spin west or further east. They're heading to Naples next week...

Leisher wrote: ↑Fri Sep 23, 2022 10:11 am My family is rooting for it to spin west or further east. They're heading to Naples next week...

Well, it's only a cat 2

Math look accurate here Catt?



I guess things are much worse in Canada. Something like 64% of their income must go to owning their home?

Math looks accurate. I'm a little surprised the incomes are that low in DC, honestly Home prices went way up, mortgage rates followed, and home prices haven't come back down much.

Leisher wrote: ↑Tue Sep 27, 2022 11:40 am Home prices continued to rise in July, but there was a "forceful deceleration in prices."

Tampa notched the biggest gains, with home prices rising 31.8% in July from the year before. It was followed by Miami, which was up 31.7%, and Dallas, with a 24.7% increase.

Hope they got insured.

Seriously. 31.8% price increase over prior year and at high interest rates? Who are these home buyers?

According to the Bureau of Labor Statistics (BLS), the median wage for workers in the United States in the second quarter of 2022 was about $1,041 per week or $54,132 per year (assuming 52 weeks of work per year). Wages were 5.2% higher than a year earlier.

Per the income to own a home chart above, two average workers wouldn't be enough.

Smart people wouldn't be buying a home right now at inflated prices and interest rates. So...WTF?

Leisher wrote: ↑Tue Sep 27, 2022 1:29 pm Who are these home buyers?

Cash buyers/investors/people leaving HCOL places.