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Re: Stock Markets
[Re: Lockjaw]
#4170003
07/25/24 10:32 AM
07/25/24 10:32 AM
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Joined: Nov 2011
Posts: 11,794
abolt300
OP
Booner
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OP
Booner
Joined: Nov 2011
Posts: 11,794
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Lots of soft spots showing up. Read where the likes of Polaris and other leisure craft companies have had significant slow down. High interest rates to blame they said. I saw something about banks exposures today and they’ve been mentioning commercial office space being a bygone for the most part. Oh, but the economy is great they say. I suspect that if someone had the cash squirreled away that they would be able to pick up some nice toys in the not too distant future at fire sale prices. Lots of folks living on partial credit and if only making the minimum payment that limit is gonna hit and there is gonna be a huge squeeze on those folks and they will unload as much as they can to stay above water. This year for me my budget billing power bill went up $38 a month. Chelsea did a stellar job on our trash service, taking it from $38 a quarter to $35 a month. My mortgage adjusted up $150 a month thanks to property tax and insurance increases, and I just added a 16 year old driver and a 2012 Honda accord to auto insurance. Meat is insane at the grocery store, and while I hate to say this, I have a freezer full of venison, but I am kinda tired of it. You must be mistaken, total inflation according to the govt since Biden took office is only 18%, and it's just over 3% now. You're totally wrong. Bidenomics is working and you're just imagining that the dollars in your wallet are only worth 50% of what they were 4 yrs ago. You got to get on the Swalla' with Kamala train that just pulled out of the station, when the Ridin' with Biden train pulled in off the rails for a much needed decommissioning.
Last edited by abolt300; 07/25/24 10:35 AM.
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