Screwball

You need to guzzle some more blue BS. Might be dangerous though, you are close to Narcan level ODed now.

I read people on the net blaming that and the Boeing thing. It doesn't matter, the numbers are what they are. And look at the market reaction - booming stocks today - bad news is good news. JaPo to the rescue. When you have nothing but a printer....

The U-7 is a better indicator than the U-3, which is the 4.1. Until the next report and various revisions.

One can always read the actual report; From the BLS: BLS Employment report - released today at 8:30 am At the very top; ______________________________________________________________________________________________ | | | Hurricanes Helene and Milton | | | | October data from the household and establishment surveys are the first collected since | | Hurricanes Helene and Milton struck the United States. These hurricanes caused severe | | damage in the southeast portion of the country. See the notes at the end of this news | | release for more information. | |______________________________________________________________________________________________| At the end; ______________________________________________________________________________________________ | | | Hurricanes Helene and Milton | | | | Hurricane Helene made landfall on Florida’s Gulf Coast on September 26, 2024, and then | | tracked north into several other states. This was before the October reference periods for | | both the household and establishment surveys. | | | | Hurricane Milton struck Florida on October 9, 2024, during the reference periods for both | | surveys. Prior to the storm’s landfall, there were large-scale evacuations of Florida | | residents. | | | | In October, the household survey was conducted largely according to standard procedures, | | and response rates were within normal ranges. | | | | The initial establishment survey collection rate for October was well below average. | | However, collection rates were similar in storm-affected areas and unaffected areas. A | | larger influence on the October collection rate for establishment data was the timing and | | length of the collection period. This period, which can range from 10 to 16 days, lasted | | 10 days in October and was completed several days before the end of the month. | | | | No changes were made to either the establishment or household survey estimation procedures | | for the October data. It is likely that payroll employment estimates in some industries | | were affected by the hurricanes; however, it is not possible to quantify the net effect on | | the over-the-month change in national employment, hours, or earnings estimates because the | | establishment survey is not designed to isolate effects from extreme weather events. There | | was no discernible effect on the national unemployment rate from the household survey. | | | | For information on how unusually severe weather can affect employment and hours estimates, | | see the Frequently Asked Questions section of this news release. | | | | BLS will release the state estimates of employment and unemployment for October on | | November 19, 2024, at 10:00 a.m. (ET). | |______________________________________________________________________________________________| U-6 at 7.7 percent (see table A-15). No matter how you slice it, a dismal report.

Good point, and an example of how much this stuff has changed over the years. I don't know if you can find it today online, but there was a documentary make back in 2009 about the end of the floor traders on the exchanges. It was called Floored. Filmed around the exchange in Chicago. I have the CD. These guys had to transition from floor trading to the computers and couldn't adapt. Timing was part of of it, but technology was too. Great documentary to watch. I loved the guy who called the market a whore. He's right. We went from floor traders to internet, and millions of dollars spent to run lines from the London equivalent of Wall Street to our Wall Street to save 6 milliseconds off a trade order. Next thing you know the most expensive piece of real estate in New York is the server closest server to the NY stock exchange. At least there are still people on the floor. Then came the birth of high frequency trading, which is just another scam to make the ones in control have more of an advantage. At our cost. Imagine that. At one time trades were made with fractions, now they settle 4 digits to the right of the decimal point. How can you divide a penny? Do that millions of times a day and do the math. That's Office Space ****. This all runs through the, I'm not sure the number today, but around the 21 or 22 "broker dealers" who make up the "primary" market. The big Wall Street banks who run the world, and their minions in crime, corruption, fraud, and influence. We, us day to day investors get to play in the "secondary" market where we get the scraps they allow us. And that doesn't even get into the "Blue Horseshoe loves Anacott Steel" stuff that goes on. Sure, been going on forever, but not like it is today. Especially considering the massive amounts of money floating around out there. If you are going to steal a piece of the pie, you want the biggest pie you can create. The easiest way to do that is by creating debt. We should have known when Reagan told us the trickle down plan was a good thing that it was utter BS, because like always, the truth is most likely the opposite. Trickle down IS good - for the people who get the money first - not those who need it most. It's a big club and we ain't in it.

Given she was smoked in her last election attempt, and her acting career as Jan 6th chair is over, what will she do? Good question, but easy answer. Since Harris has said she is open to people from the GOP in her cabinet, Lizzy the warmongering spawn of her warmongering dad, is in line to be Kamala's Secretary of War Department under the current warmongering democrat administration. Think how happy the Lincoln Project guys, Billy Kristol, the Vindmans, the 200 spooks, and of course all the other war mongers and war toy makers will be. Cha-ching!!!!

That would have been made in Findlay, Ohio. I worked there. To be honest, I don't know how they made anything. It was a total and complete cluster ****. The horror stories are endless. You are lucky if it doesn't leak all over the floor. If is has a handle on the upper rack, it could. Long funny story.

Whirlpool is the one I was talking about. I don't care if I call them out, I'm not there anymore, and they can bite me. I'm sure people in Michigan have heard of them.

Bogle is Vanguard. I don't follow as I once did, but their investing plan is as good as any IMO. Especially for the casual investor. But you have to stay on top of it. Example; my last work retirement account I contributed so much with the company matching that amount. We were using Vanguard. We could change our holdings or contributions every 3 months. That was fine with me as I checked them all the time. Many didn't What would happen, and I assume the company was behind this, when new holdings were purchased, most of it went toward the company stock, unless you specified differently. I assume this was for pumping up our company stock price (and therefore the board of directors and major holders in the company, and maybe it was just easier too). If you didn't keep an eye on this stuff, over time you would end up with so much of your account tied to the company stock - which isn't what you want - lack of diversity is a bad thing. Example; Feb 4, 2016 (I think it was)our stock price was $211 dollars. Mid March 2016 it was $217, but in the last month or so the top 10 company insiders were selling the snot out of it (while getting replaced by our new money I assume). Guys at work were going nuts buying as well - have to get on this gravy train. The next quarters earning report hit - and it got hammered. By July, the stock price was at $140. Opps. This is a multi-national fortune 500 corporation that everyone has heard of. There were a bunch of very unhappy people as they just lost thousands and thousands of dollars because they were greedy or didn't pay attention to what they were doing.

I'm not a fan of Edward Jones. I knew a couple of people who worked for them. The first guy was an options trader at a farming co-op, which was his experience before EJ. The second guy I worked with when he was an IT guy. He took the tests and went to work for EJ. He eventually quit. I wasn't impressed with either one as a financial person I wanted to invest with. As mentioned above, they tend to put you in stuff they want you in, as it makes them the most money. I learned this back in 2005-2006 ish when I was studying to pass the exam to be a broker. I learned through the training you must learn to lie to people, you might say. I wasn't good with that so I gave up on it. The first guy retired and moved to Texas. He was back one summer and I ran into him in a bar. As we were talking the market wasn't doing so well at the time, and one of his clients were in there too. He came over and said to the guy "my 401k is taking a beating" to which the broker said "yea, I'll bet it is." Not happy, the guys said "well, your the asshole who put me in all this stuff." It got uglier from there, and he got up and left. That's another downside to this kind of job. The entire business is suspect. Fiduciary duty are only words. Nobody is your friend. Trust nobody. As they say in the large financial centers - want a friend on Wall Street? Get a dog.

Without a doubt

I wonder how many other things are priced in or out. Of course this is a weekend and we (us mortals)don't know what the markets might look like come opening bell Monday. One might want to watch the price of crude. What a ****ed up mess!

RE: security cameras. I have 4 which cover all angles of my house. Two in front, two in back. Had them for...not sure...maybe 8 years? Mine run on battery, so you can put them anywhere as long as they can communicate with my local wireless network. I charge the batteries about once a month (or more) on three of them, but I have another that is mounted at the peak of my garage that points down my driveway that runs on a small solar panel. I haven't touched it since I put it up years ago. They trigger on motion, have night vision, and alarms that sound if you want it to do so. You can access them though a phone app, or from your computer. Many settings to do what you want them to do. You can get an alarm every time it triggers, along with a picture, video, or whatever you want. You can control so many things. Video and snapshots stored to a local mirco card within the device, which is also assessable via the phone or computer app. No cloud stuff, no fees, all on your local network. Thanks once again to @Biff Mayhem for the heads up on mesh wireless home networks, or I couldn't have pulled this off. Last December someone tried to break into my vehicle which was parked in my driveway. I got it all on camera. Once you have the video... I had the cops here and gave them the video and some screenshots I took (from the video). I probably have 400 bucks in everything. All you have to do is figure out what you want to watch and go from there. Research. Since I only have one that is permanently mounted, I can move the others around. If I'm gone for a day or so I might bring a camera inside the house to watch kitty. I moved one this summer to try to catch some deer that was walking down our city street. They are really fun, IMO. One of my camera's is called "kittycam" because I see animals, most of which are stray cats. I have a video of a cat and a racoon about to fight over some food. Neat stuff these cameras. I don't have a sign in the front where people walk by that says something about the house being protected by some security thing - I put two cameras right on the front porch for everyone to see - no sign needed. You're on candid camera. 🙂

Gordon Gekko was based on a Wall Street trader named Ivan Boesky.

It might be more than that. Stuff. What's stuff? Stuff can be very important, depending on how you define it. Not only familiarity to a particular pitcher (in a short period of time no less) but how does pitch counts in time periods change the pitchers stuff? It does. Easy example, a guy going a day early that is used to 4 days rest. He won't have the snappy stuff he might on day 5, even though they have daily routines. How guys handle that differs. Maybe the difference between a pitcher and a thrower. The coaches know this. Speaking of throwers. After not watching the game for quite a few years, it sure seems like it changed. Observation. The strike zone looks like it moved higher. Not up on the new rules so I don't know if that has anything to do with it. It seems to me they call more high strikes than they used to. A small sample size since I only watched the last 7 Tiger games, but it seems like you want guys who can go out there with upper 90 stuff and get the batter to chase the high hard one. Here it is, hit it. Looks great, hard to catch up to. A grapefruit turns into a BB. Sure isn't like watching Kenny Rogers (I loved him). Just one thing on the 5 run debacle. What a position to be in having to pitch to Ramirez (spit). To defend Skubal, in that situation, you have to do what you have to do. I "think" he wanted to remind the gentlemen at the plate he is in charge of the strike zone, so busting him inside is the way to do so. Don't get comfy dude. He just missed by that much. He sure didn't want to hit him, and you don't pitch being afraid of hitting someone. It was a ballsy and right thing to do. It didn't work, unfortunately. Then, like game 4, toss one in the wheelhouse. You can't do that. By that I mean, too many pitches down the center of the plate. in the games they lost. That said, what an incredible year. So great for the team, the city, and the fans. What a story. I will have to pay attention next year. This team rescued me from the baseball ledge.

We have the potential Cy Young award winner going tomorrow, which is already off the charts cool because he is really fun to watch, and it is, of course, game 5. People have to step up. Get this done. This will come down to what it always does in baseball - a game of inches - maybe a bounce, a pitch, or a call at a base. Let's hope they go our way. Goal one; don't beat yourself. The world stops shortly before 1 pm tomorrow. There is a game to watch.

The BLS numbers have been ****ed up for a long time.

They got beat because at crucial times they tossed big melons right down the middle of the strike zone. And they should have walked Ramírez, especially with a L/L matchup coming up next. He smoked it. Probably against baseball Hoyle, but he ain't gonna beat me. Old school stuff. I look forward to Saturday, and watching Skubal. No matter what happens, what a run, what a story. Still reminds me of the 1980 Olympic hockey team. Incredible stuff. Thank you!

I'm an old guy who is kinda into the markets, investing, saving, money management, call it what you want. Honest question for the younger generation that may be reading this; how is financial things like we are talking about taught today?

That last pitch strikeout was a great pitch.

I have everything in short term stuff. I just bought a boatload of 1 month bills the other day. I want to get past the election before committing to anything longer term. 1 month T-bills are paying decent, which I use via Treasury Direct and my savings account. The short term stuff is paying 4.5 ish but I found some corporates up around 8, which was tempting. They were also not as well rated, so there was that. There are some decent safe plays out there playing interest rates. Going forward, and given today's CPI print, I wonder what this does to the Fed's rate cut plan? Even with the 50 bps cut the 4 week T-bill yield has changed very little according to my purchases.

Good luck. That was my plan too, but corporate America doesn't like old people so I ran out of jobs. When you get to be in your late 50s early 60s you have a bullseye on your back. You are at the top of your pay scale, your age will make insurance costs higher, they can't train you to be an ass kissing yes man, and they can find countless foreigners on H1B visa programs to do your job at 1/3 of the rate. See ya old man - you became too expensive. The bottom line says you need to go. SS will be there, they will still continue to screw us with rigging the numbers. Which is why it's a good idea to plan for yourself.

COLA is based on the CPI-W. Of course we all know the CPI is one of the main economic indicators, and does move the market. Social Security sets its 2025 COLA increase at 2.5%. Here's how it will change your benefits. FTA: Thanks pricks. The COLA is based on a metric that many (other than media propagandists and idiot politicians) people don't think is an accurate measure of inflation/costs. They would also be correct. I'm sure this will be another case of that. At the same time, you are going to get hosed anyway. Since I've been on SS, the COLA goes up, but so does the cost of supplemental insurance. Which of course eats up all the COLA raise and then some. **** you all very much.

I wonder how much time the staff spends mathing out pitch count/inning/matchup chaos inducing game plans. Other than Skubal, the rest haven't threw much more than their daily routine. I would think most would be available tomorrow.