Post-Corona Economy
Post-Corona Economy
Bad investors considering "experts" think prices are going to start going the other way, inventory is rising, and home sales are slowing.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Investors buying to get yield from renting, not reselling.
It's not me, it's someone else.
Post-Corona Economy
Still risky in this economy unless they have the funds to ride it out.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
10 year bonds hit 4.0% before the UK intervened in their domestic bond markets. Back down to 3.8%
It's not me, it's someone else.
Post-Corona Economy
To be clear, the definition of a recession hasn't changed since 1978. Anyone tell you otherwise is lying to you.
Recession
Today's economic mediocrity does not meet those criteria.The NBER's traditional definition of a recession is that it is a significant decline in economic activity that is spread across the economy and that lasts more than a few months. The committee's view is that while each of the three criteria—depth, diffusion, and duration—needs to be met individually to some degree, extreme conditions revealed by one criterion may partially offset weaker indications from another. For example, in the case of the February 2020 peak in economic activity, we concluded that the drop in activity had been so great and so widely diffused throughout the economy that the downturn should be classified as a recession even if it proved to be quite brief. The committee subsequently determined that the trough occurred two months after the peak, in April 2020. An expansion is a period when the economy is not in a recession. Expansion is the normal state of the economy; most recessions are brief. However, the time that it takes for the economy to return to its previous peak level of activity may be quite extended.
It's not me, it's someone else.
Post-Corona Economy
Why'd it take two months to find that definition?
Oxford dictionary says it's this:
Also, my point was about the MSM labeling things, which technically correct or incorrect, and most people believing it.a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Cuz people just keep harping on it, and I'm sick of it. (not here specifically, but reminded me of our chat, so figured i'd share the history here since i had elsewhere)
It's not me, it's someone else.
Post-Corona Economy
Time to fix my bed frame that got damaged from vigorous use.
Fuck all y'all.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
H&M testing "return fees" that will only apply to online shopping.
Used car prices are insane.
Bed Bath & Beyond continues to struggle.
Used car prices are insane.
Bed Bath & Beyond continues to struggle.
Call me crazy, but maybe not having items more expensive than what a store down the street sells them at could help?Bed Bath & Beyond is adjusting its inventory by eliminating one-third of its own brands and adding well-known brands and new direct-to-consumer brands back into the mix.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
i wonder how long it will take to get used car prices back to normalish considering the 2+ years of lowered production
It's not me, it's someone else.
Post-Corona Economy
Gordon will say 10 years, but he's busy repairing a bed he's been face down on a lot lately.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
7+ years to normality, from first prediction.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
More like a way overinflated balloon finally starting to pop.
It's not me, it's someone else.
Post-Corona Economy
I just liked the ending. Morons.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Posting the whole tweet so you can click it and see the thread. Other people confirming this with photos of their own and whatnot.
Is there something going on with just that intersection?
Is there something going on with just that intersection?
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Are we sure the station is opening? I've seen new gas stations going in and prices being like 8.88 when the system first fires up. .02 difference between grades tells me they aren't actually open and selling at those prices.
Post-Corona Economy
Without any facts, my guess is right next to the airport's rental car return area.
"Be bold, and mighty forces will come to your aid."