Let's talk movies...I saw one this afternoon...-My Son-...it's serviceable, though a movie made in Spain. About a Surgeon's son who is beaten near to death in a nightclub. Detailed story that has some twists & turns about it. I didn't care for these twists & turns because I was sure it was going one way and I was all for it, and that ain't what happened. The girls are gorgeous and the Surgeon is enraged START to even after the FINISH.
There is a sequence, two in fact where the owner of the nightclub approaches the Surgeon and both sequences are handled deftly.
Netflix
people are stupid
They must have done their own research on the economy![]()
Yep...
Trump: $2 a gallon gas.
Biden: $5 a gallon gas. AGAIN.
I mean, red states are really struggling out there, no question about that. Mississippi, Alabama... full of crime and poverty.
Mississippi's life expectancy lags Bangladesh and Peru.
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Texas worse than Saudi Arabia
...California & New York too.
Biden, although squattin', Winester is in the White House, squattin'.
Biden, although squattin', Blake, is in the White House, squattin'.
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices….
--Adam Smith
Feeling hurt by recession?
https://x.com/ernietedeschi/status/1816454796863271214
Red states gonna red state.
banks weren't hurt
https://www.ft.com/content/4c013d3b-...4-02f753d39846
US banks made a $1tn windfall from the Federal Reserve’s two-and-a-half-year era of high interest rates, an analysis of official data by the Financial Times has found. Lenders got higher yields for their deposits at the Fed but kept rates lower for many savers, the review of Federal Deposit Insurance Corporation data showed. The boost to the US’s more than 4,000 banks has helped pad out profit margins. While rates on some savings accounts were raised in line with the Fed’s target of more than 5 per cent, the vast majority of depositors, especially those at the largest banks, such as JPMorgan Chase and Bank of America, got far less. At the end of the second quarter, the average US bank was paying its depositors interest at the annual rate of just 2.2 per cent, according to regulatory data that includes accounts that do not pay interest at all. This is higher than the 0.2 per cent they paid two years ago but far lower than the Fed’s 5.5 per cent overnight rate that the banks themselves can get. At JPMorgan and Bank of America, annual deposit costs were 1.5 per cent and 1.7 per cent, respectively, according to this data. Those lower payments to depositors generated $1.1tn in excess interest revenue for the banks, or about half of the total dollars banks brought in during that time, according to the FT’s calculations.
Anybody here hurt by the two-year bull market and interest rate cuts?
Just curious and polling.
https://x.com/sonusvarghese/status/1846899267698401682
How have you done in the two-year bull market?
Nope, doing great.
Altho i have a serious bone to pick with Joe and Kammy over their enabling that corrupt Gary Gensler and the SEC.
Doesn't sound like it hurt him tbh.
Can he afford to move or is he still waiting on muh assets to increase to help facilitate a move![]()
not relevant to me, never has been.
nor do I think stock indices tell you very much about quality of life.
Yeah I know. That's why I asked.
I wouldn't put too much into bulls ing the ball. Bears are always wrong until they're right.
Trump is your bear.
The OP sure was, so were the "100% chance of a recession in 2023" bears two years ago.
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