It's been amazing to watch AT&T scramble to find new ways to nickel and dime its customers since it realized it's got $180 billion-ish in debt post-Time Warner purchase and is bleeding out customers faster than ever. Verizon probably feels like it really dodged a bullet by focusing on its 5G buildout rather than purchasing big media companies.
The Yield Curve is almost inverted.....a Recession is coming
- Thread starter Maple Grove MN Driver
- Start date
It's been amazing to watch AT&T scramble to find new ways to nickel and dime its customers since it realized it's got $180 billion-ish in debt post-Time Warner purchase and is bleeding out customers faster than ever. Verizon probably feels like it really dodged a bullet by focusing on its 5G buildout rather than purchasing big media companies.
Brownslave688
You want a toe? I can get you a toe.
What did they say about future rate hikes?
Brownslave688
You want a toe? I can get you a toe.
Everyone already knew what they were gonna do.
Brownslave688
You want a toe? I can get you a toe.
2 next year
Brownslave688
You want a toe? I can get you a toe.
You bought anything lately?
That's probably what spooked the market.
Food is getting expensive
Brownslave688
You want a toe? I can get you a toe.
That’s half of what they had planned.
I get everyone wants cheap money (although our rates now are still historically very cheap) but if you don’t stay out ahead of inflation then you end up with the early 80’s situation.
I remember getting a mortgage at 7 3/4.
floridays
Well-Known Member
Food is not included in determining inflation, imagine that. Inflation has been a reality for those on fixed incomes and those living off investments.
Full disclosure, I do neither.
Brownslave688
You want a toe? I can get you a toe.
I think my parents first one was 12 and only reason it was that low was it was a VA loan
Neither is energy
Brownslave688
You want a toe? I can get you a toe.
I think the market basically knows it’s days are numbered and are looking for excuses.
Old Man Jingles
Rat out of a cage
Meaning the wife would have to be on top since he is such an out-of-shape tub of lard?
Lots of good companies out there making record profits but some of these tecg companies are way over priced
floridays
Well-Known Member
Profit taking for a good long time. Those without brokerage accounts, tied to 401k's with the extra layer of rules will be the majority of those left holding the bag. It's been my opinion for more than a few years that the market was oversold and there for overvalued. The pigs are being slaughtered currently, this is proving to be a correction from the market manipulation of zero percent interest and the government fueling a staggering economy with fiat money. Nothing that has placed the market in this condition was produced by market forces, hence the fall, or correction.
Strictly my opinion, formed by myself. Right or wrong, time will tell. I think I am correct.
Strictly my opinion, formed by myself. Right or wrong, time will tell. I think I am correct.
