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Post by ferris1248 on Jul 26, 2024 9:18:28 GMT -5
LMAO Durables have always been volatile...... Investors know this.... But the graph you showed.... Proves that In the last year of Trump.... Durable goods were a bad bet..... And investors ran tom it..... But yet... Under Biden Durables were not only stable... But consistently profitable..... Proves you do not know shit about the graph you posted... As my ol' man used to say, "He don't know shit from shinola."
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Post by ferris1248 on Jul 26, 2024 9:26:15 GMT -5
But if FF45 were to be reelected all that would be different, and the number would be magically considered legit on January 22nd, right? Only a fool would believe that. The damage that has been done to our economy starting with the covid hoax and with the trillions of dollars spent is going to take years to fix, if can ever be fixed. At least we can start with people in government that understands money doesn’t grow on trees and that massive cut backs and layoffs in government are badly needed. I'd agree with the money on trees part but I think massive layoffs would only exacerbate the deal. I do think we need to freeze hiring (with some exceptions) and start an orderly exodus from the government labor pool. With a hiring freeze, already planned retirement would help the situation far more than some realize. Institute an early retirement plan for others similar to what corporations do when cutting their labor force. Lump sum payouts, temporary insurance, and other benefits could be included.
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Post by biminitwisted on Jul 26, 2024 13:04:03 GMT -5
Dow is up another 750. Must be because of the expectation that Trump will defeat Kamala, right? 😂
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Post by meateater on Jul 26, 2024 14:40:33 GMT -5
yuuuuup everything is great and kamala and the democrats are gonna make it greater. our military is gonna be so proud of our new commander in chief and new recruiting is gonna explode. our enemies have got to be shitting in there pants. have no fear the border czar is here. america is back baby.
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Post by luapnor on Jul 26, 2024 17:02:33 GMT -5
The excuse makers are in high gear...
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Post by PolarsStepdad on Jul 26, 2024 17:25:01 GMT -5
Have we crashed yet? Trucks,boats, and realestate need a MAJOR correction.
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Post by garycoleco on Jul 27, 2024 9:17:16 GMT -5
Have we crashed yet? Trucks,boats, and realestate need a MAJOR correction. They'll never come down..... I've been telling people that for years. The standard has already been set
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Post by luapnor on Jul 27, 2024 10:08:06 GMT -5
Boats and real estate is going to crash....they can only pump this up a little longer. It was poised to crash in early 2020.... but a covid crisis was created and trillions of new money simply kicked the can down the road. The bill is coming due. The only way out is to start a world war that they can blame on russia or china... rah rah sis boom bah, war, yay!!
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Post by ferris1248 on Jul 27, 2024 11:10:39 GMT -5
It will crash (I prefer more realistic) when folks stop buying and less demand increases inventory.
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Post by osprey11 on Jul 27, 2024 12:02:07 GMT -5
It will crash (I prefer more realistic) when folks stop buying and less demand increases inventory. SO when all the printed money goes through the system.
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Post by Deleted on Jul 27, 2024 12:08:34 GMT -5
That graph is not near as pretty as the last one.
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Post by ferris1248 on Jul 27, 2024 12:39:43 GMT -5
It will crash (I prefer more realistic) when folks stop buying and less demand increases inventory. SO when all the printed money goes through the system. That too as it will reduce demand.
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Post by biminitwisted on Jul 27, 2024 15:59:22 GMT -5
Trump: And if Trump isn't elected, this country is going to go into a depression the likes of which you had in 1929… The stock market gained, they think, is because it looks like we're going to win the election.
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Post by johngalt on Jul 27, 2024 18:37:54 GMT -5
It will crash (I prefer more realistic) when folks stop buying and less demand increases inventory. Looks like it may already begun? Been by a new car dealership lately? Both the Ford, Toyota and GM dealerships here have inventory stacked up.
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Post by Deleted on Jul 27, 2024 19:03:53 GMT -5
It will take a series of businessmen to take charge of our government. By running the country like a business we may eventually solve our economic problems
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Post by garycoleco on Jul 27, 2024 19:57:12 GMT -5
It will take a series of businessmen to take charge of our government. By running the country like a business we may eventually solve our economic problems No one wants that
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Post by Captj on Jul 28, 2024 3:59:08 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this..
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Post by garycoleco on Jul 28, 2024 6:19:58 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this.. The business man on the right that was elected was lied about and derailed. He had federal law enforcement, federal employees, and the media turn on him from the jump. I would agree if your bunch of retards didn't do what you did...... Your trash specifically went after our beautiful country. It was a coup. A real insurrection. You're shit
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Post by OhMy on Jul 28, 2024 7:35:42 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this.. Yeah, Trump is a terrible business person. I would hate to have his lifestyle, he did so poorly in life didn't he? Ever work for a large corporation before? I have and there are always dozens of lawsuits going on at any given point. Now switch back to MSNBC and toss another garbage talking point at us so we can "spin it".
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Post by Deleted on Jul 28, 2024 7:53:40 GMT -5
It’s amazing how many roadblocks were thrown in Trumps way. Everyone was against him. Even the career politicians of his own party.
To accomplish what he did was a miracle.
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Post by ferris1248 on Jul 28, 2024 8:01:55 GMT -5
LMAO..................."A miracle".
He had a silver spoon in his mouth the day he was born.
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Post by misterjr on Jul 28, 2024 8:06:26 GMT -5
It’s amazing how many roadblocks were thrown in Trumps way. Everyone was against him. Even the career politicians of his own party. To accomplish what he did was a miracle. Do you consider paying $130,000 bribe to a porn star a road block?
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Post by ferris1248 on Jul 28, 2024 8:06:54 GMT -5
Back to the OP......... Supply and demand. "DETROIT — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles." "Each auto company has unique problems, but common to many are growing vehicle stockpiles on dealer lots, requiring increased discounts to sell them to buyers with stressed-out household budgets." "Carlos Tavares, CEO of Jeep and Ram maker Stellantis, said a significant auto-industry storm he's been warning about for several years has arrived. “We are in it,” he told reporters after releasing disappointing earnings Thursday. “For me, it's a no brainer that this industry is going to be in turmoil.” "Shortly after the coronavirus pandemic spread worldwide in 2020, automakers had to slow their factories due to a global shortage of computer chips. At the time, high-income buyers who couldn't spend money on travel or restaurants started paying above sticker prices for a limited supply of pricey loaded-out vehicles. Automakers used their limited production to build only expensive stuff, and prices soared nearly 27% from pre-pandemic levels." "The trend continued into late last year, with companies and dealerships making big profits with lower-than-normal sales. But as chip supplies returned, automakers ramped up production, and inventory on U.S. dealer lots grew to around 1.8 million a year ago. Now it's just under 3 million, high but still a million short of pre-pandemic numbers. " "The problem for the industry is that it kept building expensive vehicles loaded with options — while most high-income buyers had already bought new vehicles. The remaining buyers now can't afford much of what dealers have in stock because of high prices and interest rates. Now the big profits from pricey trucks and SUVs that paid to develop and build electric vehicles are starting to wane." “It's kind of ridiculous that anyone would have been surprised that this party was going to come to an end,” said Sam Abuelsamid, principal mobility analyst for Guidehouse Insights. “There are only so many people that can afford vehicles this expensive, especially when interest rates have remained as high as they have for so long." Automakers, especially GM, Ford and Stellantis, abandoned lower-cost small and even midsize cars starting five or six years ago, leaving them little to sell to those who want affordable vehicles, Abuelsamid said. Some, like GM, still offer affordable smaller SUVs. But those without affordable vehicles now are likely to struggle more than their competitors, he said." "Industry analysts expect more discounts from automakers and possible interest rate cuts from the U.S. Federal Reserve later this year and into next year. So for those who can, it might be wise to wait before buying a new or used vehicle, said Eric Lyman, vice president of products for Black Book, which tracks auto prices." “Savvy buyers would be wise to pause their pursuit of a vehicle purchase until we see some more declines in both the used and new vehicle pricing, as well as the interest rate declines that everybody is expecting, to address the affordability crisis that we're in,” Lyman said." www.msn.com/en-us/autos/news/automakers-hit-significant-storm-as-buyers-reject-lofty-prices-at-time-of-huge-capital-outlays/ar-BB1qJwXt?ocid=msedgdhp&pc=U531&cvid=53e45bd7ed1a484eacd96e7fe7652644&ei=28
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Post by Deleted on Jul 28, 2024 8:09:09 GMT -5
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Post by Deleted on Jul 28, 2024 8:12:37 GMT -5
In support of Ferris’ post above I began shopping for a new Ram dually diesel online two days ago. No more list plus pricing. First thing offered was a $7,000 discount on the sticker price.
I’m probably going to buy it.
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Post by dragonbait on Jul 28, 2024 8:18:53 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this.. Yeah, Trump is a terrible business person. I would hate to have his lifestyle, he did so poorly in life didn't he? Ever work for a large corporation before? I have and there are always dozens of lawsuits going on at any given point. Now switch back to MSNBC and toss another garbage talking point at us so we can "spin it". He inherited over 400 million had he just put it in a fund that follows the Dow he would be worth more today, so tell me how great of a business man he is www.forbes.com/sites/danalexander/2021/10/11/its-official-trump-would-be-richer-if-he-had-just-invested-his-inheritance-into-the-sp500/
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Post by ferris1248 on Jul 28, 2024 8:33:51 GMT -5
In support of Ferris’ post above I began shopping for a new Ram dually diesel online two days ago. No more list plus pricing. First thing offered was a $7,000 discount on the sticker price. I’m probably going to buy it. If you don't need it I'd wait till October or November. I'd also wait till the last couple days of the month to purchase.
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Post by Deleted on Jul 28, 2024 9:00:19 GMT -5
Yes. I made it down with my oldest dually but it worried me making the trip in it. I am going home in a week and then will be running back and forth all winter. I’m leaving the Mrs and son down here for a few months. Son is going to work on the house.
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Post by biminitwisted on Jul 28, 2024 14:41:52 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this.. The business man on the right that was elected was lied about and derailed. He had federal law enforcement, federal employees, and the media turn on him from the jump. I would agree if your bunch of retards didn't do what you did...... Your trash specifically went after our beautiful country. It was a coup. A real insurrection. You're shit That's no way to talk about his hand selected Cabinet. Who can even remember the flood of resignations? How come only about 5 of 40 former administration officials now support him? www.pbs.org/newshour/politics/former-trump-officials-are-among-the-most-vocal-opponents-of-returning-him-to-the-white-house
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Post by luapnor on Jul 28, 2024 14:44:15 GMT -5
Speaking of businessmen in government, the right elected a supposed billionaire businessman to straighten out the political mess in Washington and he actually managed to increase the national debt while further enriching the wealthy through tax cuts aimed at the 1% of our world. And he wants to do it again? What would you say if asked to vote for an individual who has managed to bankrupt several casinos? When's the last time anyone heard of a gambling casino going broke? Not to mention the hundreds of lawsuits by vendors who did work for him, or attended his "schools"? Let's see how you spin this.. Who gives a fuck... He put two somewhat conservative justices on the SCOTUS. He didn't start any wars. Brokered a peace deal that #brandon fucked up. He met with the leader of North Korea...and #Brandon fucked that up. I don't expect much from a president... because they are supposed to have limited roles. Trump fucked up a few things but he also wasn't Hillary, over all a successful 4 years despite the nonstop attacks by the Democrats and RINOs It is Democrats that are constantly ratcheting us deaper into the hole, with the help of the RINOs.
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