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Misc Stock Market

KyloG said:
What does the price of a trailer have to do with stock market? The stock market can go for extended periods disconnected from the economy. Clould/AI has been growing like crazy and those companies have been leading the market higher. When that growth stops things will get dicey.
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I mean isn’t it all connected? Price of trailer straight up. Stock market straight up. The only thing I’d argue is inverse: foreclosures go up, stonk market down. No one will care about artificial intelligence when they realize their take home income is 6,000 a month with a $2700 house payment, $800 heath insurance, two $500 car payments, $1,000 worth of groceries every month, $1500 worth of childcare. and the list goes in and on. Where is the money coming to from to fuel this economy right now? Where does it come from a year from now? What about when Gen Z starts trying to buy a home in a few years? I just don’t see how this craziness can go on much longer but I also don’t know what the straw that breaks the camels back looks like.
 
KyloG said:
Actually...that's a good point...that seems more lucrative even with a parabolic stock market.
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Housing shouldn't be an investment outside your own that you live in period unless it's an apartment complex or condo. Single family homes and trailers as them is why prices skyrocketed above what they're worth. You're buying a polished turd for as much as you bought a complete house 20 years ago.
 
ForsythSnow said:
Housing shouldn't be an investment outside your own that you live in period unless it's an apartment complex or condo. Single family homes and trailers as them is why prices skyrocketed above what they're worth. You're buying a polished turd for as much as you bought a complete house 20 years ago.
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I don't invest in real estate...except my house that I bought 10 years ago.
 
Broken024 said:
Best I can do is $20
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lol there was a news story on Fox Business the other day about the recent spike in mobile home purchases in this economy. They said you can’t find even them right now. It’s like owning apple at $0.10..Hop on. We’re going to the moon. ? IMG_6706.png
 
Jimmy Hypocracy said:
I mean isn’t it all connected? Price of trailer straight up. Stock market straight up. The only thing I’d argue is inverse: foreclosures go up, stonk market down. No one will care about artificial intelligence when they realize their take home income is 6,000 a month with a $2700 house payment, $800 heath insurance, two $500 car payments, $1,000 worth of groceries every month, $1500 worth of childcare. and the list goes in and on. Where is the money coming to from to fuel this economy right now? Where does it come from a year from now? What about when Gen Z starts trying to buy a home in a few years? I just don’t see how this craziness can go on much longer but I also don’t know what the straw that breaks the camels back looks like.
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I agree 100% with you...but NVDA is selling a lot of AI crap...MSFT is selling a lot of cloud crap....AMZN is selling a lot of everything. Then META is crushing it...so you get 5-6 large caps cranking and that drives the market higher.

Those little SAAS names are crushing it too...cloud is legit and has a long ways to go.
 
Market fell off a cliff q4 2007...as the unemployment rate started to tick up. Plus the economy nearly collapsed and you had big financial institutions close there doors.

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What will the numbers look like on a stimulus check when they come out during this next presidency? Those 2008 size checks won’t cut it this next go round. It’s an endless cycle. Now I’m starting to see why people want a universal currency and socialism. I get it. At this point it makes sense as much as I hate to say it. Idk what’s gonna happen but something is.
 
@KyloG Would you say there will be a correlation with AI and unemployment when it takes off? What will that even look like?
 
KyloG said:
Good question. Not sure. If/when sentiment changes I will just get out of the way like 2022.
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I hear ya. The disconnect is real but it’s been there for a long time and trying to guess tops and bottoms and what the machines like and don’t like is a fools errand.
 
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