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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
What do the smart kids here, if at Fido, do with their MM holding? I am in FDRXX, which is just under 4% (hope I am reading this right), and see options of SPAXX and some bank sweep. Thoughts?
Here is the draft course description, fwiw:
https://s3.documentcloud.org/documents/23584340/ap-afam-syllabus-watermark.pdf
I note that sma3 privately supplied me the same, through another source; this is from NBC.
As a teacher, parent, and grandp…
// AP courses in African American history ( which does include sections that some parents would find inappropriate for high school),
? Cite ? You have seen contents ?
If I were still teaching high school, but now in magaland, this would be about the only kind of material examples possible, but then, it's still about all you need to know:
https://www.washingtonpost.com/nation/2021/12/06/black-couple-home-value-whi…
@davidrmoran, you are one of the hardest to decipher posters on this board. You write in code that I think only you understand. Short sentences and acronyms you think others should understand. Write in clear sentences and you will get your point acr…
jesus fucking christ
anyone can be a nerde* about this:
https://www.ftc.gov/business-guidance/resources/selling-american-made-products-what-businesses-need-know-about-making-made-usa-claims
https://www.ftc.gov/business-guidance/resources/complyin…
@Crash
>> Yes. "Woke" has just gone way too far. It's to the point where any recognizable standard of behavior or academic touchstone has become the enemy. That's just wrong.
Sorry, is this sarcasm? If not, examples? Not clear what you're ta…
I won't speculate what he knows or reads, but economic data at the macro level are at about the same difficulty as baseball, imo, which he is a fan of. I am utterly charmed at the fancy that this 'board' soaks up progtard or similar stuff.
us and europe inflation is effectively over (meaning back to 2% or less), says yet another student
(aside from lags and ongoing gouging)
https://twitter.com/jan_eeckhout/status/1617478919560794112
https://www.nytimes.com/2023/01/23/opinion/government-debt-deficit.html
It’s true that U.S. debt is very large — $31 trillion .... But America is a big country, so almost every economic number is very large. A better way to think about debt is to a…
Keep in mind that all that matters is debt as a function of (percentage of) GDP and growth. Can we grow out of it, as in the past?
https://www.ceicdata.com/en/indicator/united-states/total-debt--of-gdp
Highest was ~2y ago.
I posted in early 11/2022 that the turnaround in bonds started....1) Bad losses should turn to a nice rebound 2) we can see the end of rate increase, no need to wait 3) the charts/uptrend gave a clear signal 4) Inflation starts to go down).
I we…
8.4% interest is very respectable. Thus we will go for it this year. Don’t think we get back to 2% inflation in 2023.
already are, almost; go study the econ threads listed within the inflation thread here
Time to buy, I say
(Jason Furman Twitter)
Excluding housing (which is ~40% of core) and used cars, supercore inflation was consistently modest for the last three months -- a 1.8% annual rate over this period. That is the lowest since February 202…
from
https://www.nytimes.com/2023/01/09/opinion/election-deniers-recession-inflation.html
Over the year ending in November (the most recent data available), the Consumer Price Index rose 7.1 percent. But inflation ran at an annual rate of only 4.8…
more better
https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20230110&instance_id=82350&nl=paul-krugman&productCode=PK&regi_id=22268089&segment_id=122135&am…
ha and yes
I find gold almost completely uninteresting myself, but always want to see what Arends thinks (also like how equivocal he is much of the time)
good grief, reading comp
It is NOT an ad.
Brett Arends has been a v smart financial writer for decades
https://en.wikipedia.org/wiki/Brett_Arends
The article:
Brett Arends's ROI
This ‘crazy’ retirement portfolio has just beaten Wall Street f…
But all you can come up with now is a mortgage fund and a one-day inverse gov ETF?
Weren’t you whingeing on about BSV months ago?
Do you have any nonwacky thoughts?