Screwball

If you read their earnings report their net sales were up YOY along with foot traffic in the stores. From their filing;

Under the radar today; Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers Down a little over 28% as of 11:48

It was NVDA day. One of the MAGS. Only down around 7% AH. Hyped to the max by bubblevision and the usual hucksters. Got a kick out of the image below if I can post it. As it turned out - a dud - in the big picture. Chart porn of action around the release; https://pbs.twimg.com/media/GWGDV4AWkAAW4kN?format=jpg&name=900x900

Imagine that! I guess it's easy to not know anything when they people who provide the numbers don't either (some financial people think these numbers are too low). For those wanting a rate cut, this will probably help.

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries - CNBC

Not really. What might be this conventional answer?

got it

Why should the Fed cut rates?

at @gehringer_2 - why the funny face?

Wall Street Engineers Invent a New Head-Spinning Options Trade At least they used derivatives and boom in the same sentence. I wonder how America will like it when we bail out the swine bankers again?

The first quote is by bailout king Warren Buffet. The second should read ""Bulls make money, bears make money, pigs get slaughtered"

So we need to lower rates? What, exactly, are we fixing? Low rates for too long got us to where we are now. Been trending down since early 80s, flat lined (ZIRP) in 2010 when the banks blew up the world until 2016ish, a little blip, and flat again(probably due to COVID). And here we are. If cheap money was the solution we wouldn't be where we are. Wherever we are, I'm not real sure.

Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3% U-6 at 7.8% Full BLS report; Employment Situation News Release @ 8:30am today Market not happy with AMZN (-11%), INTC (-27%). DOW -800, S&P -127, NASDAQ - 500 Your move Powell and Co.

Actions to Accelerate our Progress - from INTC (official release best I can tell) What a long winded pile of typical corporate horse****. Stock getting pounded after hours.

Forgive me, I thought people were smart enough to figure that out. The only point it is proving right now is you missed it.

I'm retired. I spent 35+ years in the world of Office Space/Dilbert. I can count on one hand how many managers/bosses I respected over those years. Most were slimy corporate worms who would do anything to climb the ladder, while being an incompetent ass kissing robot while doing so. Yet they kept a job - because they worked for more incompetent ass kissing robots who had no clue how it all worked in spite of all their fancy pieces of paper and countless hours of corporate obedience training. Corporate incompetence (and greed (penny smart, dollar stupid)) breeds waste, and plenty of it. Savings could go towards wages and benefits. Haha! Who am I kidding. The next 10K

Unions will never make a difference again, NAFTA was that nail in the coffin. Automation will replace labor in every way possible, AI will replace human digital tasks in the same way. It's all about the bottom line ($), humans don't matter. Until they do...

Orange Hitler is due to speak at the convention sometime, but will he? Does he have the nads? He literally dodged a bullet last week, which might be quite humbling. Can the world’s most famous huckster become humble? Millions of people will be watching to find out. If he is humble and sounds presidential, he will win in a landslide over the Party Of Snobs (POS). The blame cannons will look like the 4th of July, but will be pointed in the wrong direction. Incapable of self-reflection, the POS will serve up endless excuses and blame as they wallow in their own pool of tears, clueless as to why they were rejected. This will be, for the second time, a giant middle finger to the POS and their endless stream of blue BS, and a giant dose of STFU.

Wall Street says thank you

Candidate for idiot of the month in this current **** show

The boards most unhinged rabid warmonger.

I would pay cold hard cash for a Ballmich vs. Gomer debate.

So there is nothing we can do because things.... Not acceptable, and people that want to make excuses should be fired. You're fired.