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S3th said:
Much like any emerging technology, there are heavy subsidies provided by the government to support infrastructure and research. Think the internet.
Click to expand...
Norway has a population about 5.5 million people. That is less than metro Atlanta (not counting the Atlanta suburbs, etc.). Norway is a northern Europe utopia kind of place with all kinds of "egalitarian" medical, retirement, etc. benefits funded by high taxes plus state owned industries. Ironically, at the same time Norway is bragging about EV adoption, their main source of income is petroleum exports. Much easier to solve a "national" issue when the nation is smaller than many US cities. Same with Sweden, Finland, and so on.

S3th - have you spent much time in Norway, Sweden, Finland or similar to get first hand experience with their utopias?

If not, I suggest you visit quickly as Norway is letting in immigrants at 800,000+ already with more coming to enjoy all those freebies.

Issue is that "egalitarian" utopia assumes that the majority of able citizens are putting into the system with few just taking from the system. That utopian European model is coming apart now.
 
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Lightning8 said:
Norway has a population about 5.5 million people. That is less than metro Atlanta (not counting the Atlanta suburbs, etc.). Norway is a northern Europe utopia kind of place with all kinds of "egalitarian" medical, retirement, etc. benefits funded by high taxes plus state owned industries. Ironically, at the same time Norway is bragging about EV adoption, their main source of income is petroleum exports. Much easier to solve a "national" issue when the nation is smaller than many US cities. Same with Sweden, Finland, and so on.

S3th - have you spent much time in Norway, Sweden, Finland or similar to get first hand experience with their utopias?

If not, I suggest you visit quickly as Norway is letting in immigrants at 800,000+ already with more coming to enjoy all those freebies.

Issue is that "egalitarian" utopia assumes that the majority of able citizens are putting into the system with few just taking from the system. That utopian European model is coming apart now.
Click to expand...
"The Plan" is working. Worldwide.
 
It's a fact that for most, they see no problem in government funding so long as they are getting something out of it. It's what decays a full democracy, the ability of voting money into your own pocket. Our shambles of a remaining Republic is cratering under this power. Actual constitutionalists are rare and laughed at for being idealists; how dare they demand small government and personal accountability? They see them as fools.

Subsidy fans thumb their nose at capitalism, and scoff at the notion that their pet industry should be expected to stand on its own. The environmentalists are very socialist in their actions and beliefs, demanding the government hinder at every corner with the objective to destroy industries they oppose, and to use the state's treasure to prop up those industries they support. Those in the state will always deny their own involvement in making money in the shadows, clamoring about being a humble servant and nothing more, but they always are and as they control the investigators, they control the investigations and will never be "caught". They scream "EQUITY!!!" and shame those who oppose them or dare raise questions of their motives, true intents or blatant hypocrisies.

Some deny supporting these people. But then, if it makes them money, they shamelessly turn a blind eye to it and counter with "But Jimmy got ice cream, so I should too!!!" arguments. How quick one will sell their principles down the river for a buck. Or maybe it never was their principle in the first place. Only they can answer that.

Two wrongs don't make a right, but they do make for $33T in debt when you do it for long enough.
 
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Lightning8 said:
You are making our point - all these projects driven by government funding, subsidies, handouts, and so on
Click to expand...

I’m not ignorant of the invisible hand in most things.

Here's a list of industries that the U.S. government has subsidized:

1. Agriculture
2. Energy (including oil, gas, and renewable energy)
3. Transportation (such as aviation, automotive, and public transportation)
4. Healthcare
5. Housing
6. Education
7. Technology (through research and development grants)
8. Defense and aerospace
9. Banking and finance
10. Manufacturing (including automotive and steel)
11. Telecommunications
12. Tourism and hospitality
13. Film and entertainment
14. Mining
15. Fisheries

This is not an exhaustive list. Cope harder.
 
S3th said:
I’m not ignorant of the invisible hand in most things.

Here's a list of industries that the U.S. government has subsidized:

1. Agriculture
2. Energy (including oil, gas, and renewable energy)
3. Transportation (such as aviation, automotive, and public transportation)
4. Healthcare
5. Housing
6. Education
7. Technology (through research and development grants)
8. Defense and aerospace
9. Banking and finance
10. Manufacturing (including automotive and steel)
11. Telecommunications
12. Tourism and hospitality
13. Film and entertainment
14. Mining
15. Fisheries

This is not an exhaustive list. Cope harder.
Click to expand...
Fifteen wrongs don’t make a right either.
 
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S3th said:
I’m not ignorant of the invisible hand in most things.

Here's a list of industries that the U.S. government has subsidized:

1. Agriculture
2. Energy (including oil, gas, and renewable energy)
3. Transportation (such as aviation, automotive, and public transportation)
4. Healthcare
5. Housing
6. Education
7. Technology (through research and development grants)
8. Defense and aerospace
9. Banking and finance
10. Manufacturing (including automotive and steel)
11. Telecommunications
12. Tourism and hospitality
13. Film and entertainment
14. Mining
15. Fisheries

This is not an exhaustive list. Cope harder.
Click to expand...
Not the honest, limited government our founding fathers envisioned.
 
Ford Motor Co. slashes price of 2023 Mustang Mach-E by up to $8,100; company reports US sales fell 51% in January after the Mach-E became ineligible for a federal tax credit
 
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Feb 21 (Reuters) - U.S. miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million).
Weakness in lithium prices due to global supply outweighing demand led to Piedmont cutting 27% of its workforce earlier this month as part of a broader cost cutting plan. Larger rival Albemarle cut jobs and halted expansion plans last month.
 
Guess you could hit that rear panel with a scotch brite pad and replace the bumper with one of these for 4K.
Wheels are pretty cool too, might as well upgrade them as well.
Kinda like putting lipstick on a pig though. Yikes

1708874474207.png
 
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One more blatant example of how index's are being propped up.

Today's headline:

Uber joins the Dow Transports.​


Uber's addition to the Dow Transports on Monday marks the first change to the index since December 7, 2021, when Old Dominion replaced Kansas City Southern. The Dow Transports, unlike the Dow Industrials, are not hitting historic highs, currently almost 7% below the last high reached in November 2021. According to Dow Theory, the Transports should confirm a new high in the Dow Industrials, indicating positive shipping activity. However, there are questions about the relevance of shipping activity as an economic indicator in a service-dominated economy.


wallstreetnow.co

Uber's Inclusion in Dow Transports Raises Questions Amid Market Impact

- Uber's addition to the Dow Transports marks a significant shift, reflecting its growth and evolving view of transportation sectors. - Despite initial post-S&P inclusion underperformance, Uber outshone other Transport stocks with a 133% inc
wallstreetnow.co wallstreetnow.co
 

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Intuitive Machines' Moon Mission Nears End, Shares Crash Harder Than Lunar Lander​



Snag_1ab07c74.png
 
Fitch and Moody's are between a rock and a hard place.

(Bloomberg) — New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating even further, a day after the commercial real estate lender said it discovered “material weaknesses” in how it tracks loan risks.

ca.finance.yahoo.com

NYCB Downgraded to Junk by Fitch, as Moody’s Goes Even Deeper

(Bloomberg) -- New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating even further, a day after the commercial real estate lender said it discovered “material weaknesses” in how it tracks loan risks.Most Read from...
ca.finance.yahoo.com ca.finance.yahoo.com
 
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Taking my question here per a recommendation with regards to 'CZGZF 'in particular. Can anyone explain its rather bizarre price history? The reason I ask is it seems that it remains flat for weeks or in some cases months at a time without even a penny's change in its share price which strikes me as unusual compared to other stocks but figured there's an explanation for it.

-LD
 
I took a buddy to the Tesla store to test drive a Model Y. He now has a Y Performance on order.

I was lucky to test drive the Highland 3 and am blown away. The Highland Y is going to continue the trend of Tesla taking the #1 spot for years to come.
 
S3th said:
I took a buddy to the Tesla store to test drive a Model Y. He now has a Y Performance on order.

I was lucky to test drive the Highland 3 and am blown away. The Highland Y is going to continue the trend of Tesla taking the #1 spot for years to come.
Click to expand...
Glad you came back. You getting a commission from the sale to your buddy ?
 
Pharmseller said:
No clue, it’s in my IRA.

Truth be told, I have no idea what you’re talking about.




P
Click to expand...
You have a lot to learn.... 3 day settlement, 2 day weekend and your bank may hold funds for another day. Could take 6 - 7 days to get your hands on cash.
Being it's in an IRA, depending on the rules, it could take a while.
That's a high flier that will drop like a rock.
Is your stop out set tight ?
Are you going through a financial adviser ?
 
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S3th said:
Tesla is the stock market, bro.
Click to expand...
SAN FRANCISCO, March 4 (Reuters) - Shares in Tesla (TSLA.O) fell more than 7% on Monday after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays.
The fall in sales in its key market dimmed the outlook for Tesla's global deliveries, at a time when the top EV maker is battling a decline in demand and rising competition, and is weighed down by a lack of entry-level vehicles and the age of its product line-up.

Tesla sold 60,365 China-made vehicles in February, down 19% from a year earlier and the lowest volume since December 2022, according to data from the China Passenger Car Association. Tesla's Shanghai factory makes Model Y and Model 3 electric cars for the local market, Europe and other countries, and accounted for over half of Tesla's global deliveries last year.
Tesla shares ended down 7.2% on the day at $188.14, a slump of about 24% since the start of the year.

 
Hobo Hilton said:
SAN FRANCISCO, March 4 (Reuters) - Shares in Tesla (TSLA.O) fell more than 7% on Monday after its sales declined in February in China, where it likely faced a slowdown during the Lunar New Year holidays.
The fall in sales in its key market dimmed the outlook for Tesla's global deliveries, at a time when the top EV maker is battling a decline in demand and rising competition, and is weighed down by a lack of entry-level vehicles and the age of its product line-up.

Tesla sold 60,365 China-made vehicles in February, down 19% from a year earlier and the lowest volume since December 2022, according to data from the China Passenger Car Association. Tesla's Shanghai factory makes Model Y and Model 3 electric cars for the local market, Europe and other countries, and accounted for over half of Tesla's global deliveries last year.
Tesla shares ended down 7.2% on the day at $188.14, a slump of about 24% since the start of the year.

Click to expand...
From my experience with businesses in China, there is hardly anything that goes on during February. Now, if March is off too there might be problems.
 
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1709813099564.png

(Kitco News) – Gold’s surprising rally to new all-time highs has even seasoned industry professionals scratching their heads as to the true cause.
www.kitco.com

Gold’s shock rally has analysts grasping for explanations

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
www.kitco.com www.kitco.com
www.cnbc.com

Don't be enticed by the gold rally, expert says: Investors 'buy gold and hope it doesn't go up'

Gold does well when other assets — and the world, are in trouble. And so even those who join the rally should root against the yellow metal, experts say.
www.cnbc.com www.cnbc.com
 
Hobo Hilton said:
View attachment 8366787
(Kitco News) – Gold’s surprising rally to new all-time highs has even seasoned industry professionals scratching their heads as to the true cause.
www.kitco.com

Gold’s shock rally has analysts grasping for explanations

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
www.kitco.com www.kitco.com
www.cnbc.com

Don't be enticed by the gold rally, expert says: Investors 'buy gold and hope it doesn't go up'

Gold does well when other assets — and the world, are in trouble. And so even those who join the rally should root against the yellow metal, experts say.
www.cnbc.com www.cnbc.com
Click to expand...
With the every hundred days adding anther trillion n debt, makes it pretty clear for some the dollar is broken.
 
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IronSkillet said:
With the every hundred days adding anther trillion n debt, makes it pretty clear for some the dollar is broken.
Click to expand...
I think the other countries of the world had put a lot of "Hope" in the financial leaders of America. They have watched the helicopter money and the post pandemic, free money being "stolen" by the mega banks, politicians and investment bankers. None of that money filtered down to the American middle class. Personally, I feel more money is being spent on the "Homeless" than is being spent to shore up the failing infrastructure.
Foreign investors are pulling their money out of America.
1709821070165.jpeg
 
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S3th said:
View attachment 8366954
Click to expand...
Meaningless......

The use of the stock market capitalization-to-GDP ratio increased in prominence after Warren Buffett once commented that it was "probably the best single measure of where valuations stand at any given moment."
In 2000, according to statistics at The World Bank, the market cap to GDP ratio for the U.S. was 153%, again a sign of an overvalued market. With the U.S. market falling sharply after the dotcom bubble burst, this ratio may have some predictive value in signaling peaks in the market.

This is a different market and a different world today than when Warren made his comment. The two elephants in this room today are 1) National Debt and 2) Unchecked inflation.

US Government is propping up the USD with borrowed money. Unsustainable

Propping up 2 (1).JPG
 
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NoDopes said:
www.cnbc.com

Layoffs rise to the highest for any February since 2009, Challenger says

The total of 84,638 planned cuts showed an increase of 3% from January and 9% from a year ago.
www.cnbc.com www.cnbc.com

Who fucking cares! Market is en fuego!
Click to expand...
A lot of FOMO investing happening, I’m sure the market is in line for a hard correction inside three months once Q1 earnings drop and fail to meet a lot of these lofty expectations.

Railroads are starting layoffs, what does that tell you about the state of the economy? I’m sure everyone here knows what it says.
 
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Hobo Hilton said:
Fitch and Moody's are between a rock and a hard place.

(Bloomberg) — New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating even further, a day after the commercial real estate lender said it discovered “material weaknesses” in how it tracks loan risks.

ca.finance.yahoo.com

NYCB Downgraded to Junk by Fitch, as Moody’s Goes Even Deeper

(Bloomberg) -- New York Community Bancorp’s credit grade was cut to junk by Fitch Ratings, and Moody’s Investors Service lowered its rating even further, a day after the commercial real estate lender said it discovered “material weaknesses” in how it tracks loan risks.Most Read from...
ca.finance.yahoo.com ca.finance.yahoo.com
Click to expand...
Wait until March 11th. I fully expect the FED to kick the can down the road but it could be interesting for some banks.
 
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