chasfh Posted September 29 Posted September 29 16 hours ago, Screwball said: During a computer upgrade I was testing my apps. I happened to find this. 1 year chart. S&P from April 7th (low) to last Friday. From 4835.04 to 6699.52 (this is intraday so we didn't get there). That's a quick %38.5 rip in 5 1/2 months. Bubbles are amazing. So are the algorithms that create them to draw in the suckers so they can be handed the bags. Quote
Deleterious Posted September 29 Posted September 29 Pretty sure there are multiple data center projects ongoing in Michigan. Quote
CMRivdogs Posted September 29 Posted September 29 55 minutes ago, Deleterious said: Pretty sure there are multiple data center projects ongoing in Michigan. Guess who's paying for the increased cost Quote
Screwball Posted September 30 Posted September 30 1 hour ago, CMRivdogs said: Guess who's paying for the increased cost What do we win? Quote
Netnerd Posted September 30 Posted September 30 (edited) 3 hours ago, Deleterious said: Pretty sure there are multiple data center projects ongoing in Michigan. Meanwhile, here in Cornpone, Iowa, our prices have dropped? Wonder if all those wind turbines in our neighborhood have anything to do with that? Edited September 30 by Netnerd My poor grammar bugged me. Quote
gehringer_2 Posted September 30 Posted September 30 Remember the big overbuild in fiber optic backbone? I could see the same thing happening here. A ton of centers get build, a bunch of power capacity goes in with them, the centers find they have overshot their market - a lot of centers close and the left-over is a nice overhang in electrical generating capacity. Quote
Deleterious Posted September 30 Posted September 30 13 hours ago, gehringer_2 said: Remember the big overbuild in fiber optic backbone? I could see the same thing happening here. A ton of centers get build, a bunch of power capacity goes in with them, the centers find they have overshot their market - a lot of centers close and the left-over is a nice overhang in electrical generating capacity. It's why I like the approach Apple is taking by spending almost no money on AI. Even though every expert says how wrong they are. They are going to wait for the bubble to pop. Then swoop in and build their AI infrastructure for 30 cents on the dollar. Quote
chasfh Posted September 30 Posted September 30 We sold NVDA last year at 125-ish. It looked like a genius move for several months. Quote
Deleterious Posted October 1 Posted October 1 I wonder. Is there some obscure rule that lets him install someone during the shutdown without congressional approval? Someone that normally wouldn't get confirmed? Quote
gehringer_2 Posted October 1 Posted October 1 (edited) 7 minutes ago, Deleterious said: I wonder. Is there some obscure rule that lets him install someone during the shutdown without congressional approval? Someone that normally wouldn't get confirmed? I would think if the gov is shut down, that should include the Exec branch shouldn't it? Dems need to challenge anything he does in court - once there are courts, assuming there are courts..... Edited October 1 by gehringer_2 Quote
Deleterious Posted October 1 Posted October 1 9 minutes ago, gehringer_2 said: I would think if the gov is shut down, that should include the Exec branch shouldn't it? Dems need to challenge anything he does in court - once there are courts, assuming there are courts..... He seems to think he can still do a lot. He hasn't mentioned this at all, so it's just me thinking out loud. But I wouldn't be shocked if he does something like I described. Quote
Screwball Posted October 1 Posted October 1 I don't know if this dip**** knows his role, or he doesn't know he is the Mark - using poker vernacular. When this whole ****house blows up, which it is about to do, someone gets the blame. It will be him. Someone has to take the blame, why not him? And hey look, we have Al Czervik from Caddyshack. So easy. You can't make this **** up. As the old Jerry Reed song said years ago...something about the gold mine and the shaft. I can't wait until the part of the movie when they bail out the banks, again. Quote
Deleterious Posted October 3 Posted October 3 Pretty sure this is all we get because of the shutdown. Does that mean the Fed won't meet at the end of the month? Quote
chasfh Posted October 5 Posted October 5 On 10/3/2025 at 12:46 AM, Deleterious said: Pretty sure this is all we get because of the shutdown. Does that mean the Fed won't meet at the end of the month? This is why Antoni was ****canned, isn't it? Quote
Deleterious Posted October 5 Posted October 5 2 hours ago, chasfh said: This is why Antoni was ****canned, isn't it? No. All the BLS employees were furloughed with the shutdown. Nobody is there to collect the data and create the report. I assume we will not get a CPI report either. So the FOMC vote could be voting on a rate cute/hike with less data than normal. If we even have a vote. I don't know if they are still working or not. Quote
chasfh Posted October 5 Posted October 5 8 hours ago, Deleterious said: No. All the BLS employees were furloughed with the shutdown. Nobody is there to collect the data and create the report. I assume we will not get a CPI report either. So the FOMC vote could be voting on a rate cute/hike with less data than normal. If we even have a vote. I don't know if they are still working or not. I mean because the numbers being reported or revised are all terribly embarrassing for someone. Quote
Deleterious Posted October 5 Posted October 5 40 minutes ago, chasfh said: I mean because the numbers being reported or revised are all terribly embarrassing for someone. I doubt that is why his nomination was pulled. The biggest knock on him was he often distorts numbers to fit his politics. So he is Trump's wet dream. My guess is he didn't have the votes to get confirmed. Quote
Screwball Posted October 5 Posted October 5 Which Economic Reports May be Cancelled Due to the Government Shutdown? Government shutdown = market all time highs (or close). You can't make this **** up. Quote
Deleterious Posted October 6 Posted October 6 I guess get ready for ATH's in crypto. Both sides are talking about a stimulus check now. Quote
ewsieg Posted October 6 Posted October 6 7 hours ago, Deleterious said: I guess get ready for ATH's in crypto. Both sides are talking about a stimulus check now. Ro isn't serious with this. He's just driving home the point that tariffs are a direct tax on consumers. Quote
1776 Posted October 6 Posted October 6 Fifth Third said it would acquire Comerica for $10.9 billion, marking the latest effort by midsize lenders to bulk up and compete with the nation’s biggest banks. The all-stock deal would create one of the nation’s top 20 largest banks, with $288 billion in total assets, according to figures from the Federal Reserve. Quote
Screwball Posted October 6 Posted October 6 5/3rd bank sucks in about every way possible. Maybe every way. You will have your very own personal banker that ain't worth a bent ****. Of course all banks suck, for the record. Quote
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