Recent content by SAJ-99
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Anybody Buying Yet? Where’s the Bottom?
But the jobs!!!- SAJ-99
- Post #5,158
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
Back to the thread, needless to say, we are VERY oversold. Both on a weekly and daily basis, which is a traditional strong buying spot. There is now probably more risk to the upside on a bounce. Only caveat is that big down Fridays typically result in more red Monday morning. The big guy doesn't...- SAJ-99
- Post #5,149
- Forum: Money and Finances
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Tariffs
I felt a lot less stiffed a couple of months ago.- SAJ-99
- Post #165
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
Let the layoffs begin. We have too many people that haven't experienced a recession without simultaneously getting checks from the government.- SAJ-99
- Post #5,141
- Forum: Money and Finances
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Tariffs
FIFY. A politician has to answer to voters (which may be part of the problem). He gets to stiff creditors.- SAJ-99
- Post #162
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
Someone woke up the Senate https://www.foxnews.com/politics/bipartisan-senators-bill-would-require-congress-approve-new-tariffs But I think we found another way out... :ROFLMAO:- SAJ-99
- Post #5,133
- Forum: Money and Finances
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Tariffs
We export a lot of stuff, it just isn’t physical stuff. It’s software and knowledge. The reason we don’t make as much physical stuff is because our wage rate is 2x-10x many other countries. We import stuff because we like cheaper stuff. Interesting is we put a Real Estate guy in charge that...- SAJ-99
- Post #156
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
You are abusing Friedman’s work. It is excessive money supply that causes inflation. Borrowing does not directly increase money supply.- SAJ-99
- Post #5,097
- Forum: Money and Finances
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Tariffs
Agree. Sounds like why I am suspect of buying things online. But don't forget the 80's when Japanese cars were all the rage because the quality of American-made cars went down the drain. Competition is good, but Americans hate losing.- SAJ-99
- Post #121
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
Your bet is a better structure. The original bet was placed on the other thread and was essentially a bet against the adaptability of the US corporation, which no sane person should ever take. And 3 yrs? Seriously? Trump could come out tomorrow and say something to reverse this whole thing...- SAJ-99
- Post #5,087
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
I think there is a lot to that theory. Interestingly, about 7-10 years ago, APPL traded at an average market multiple for a long time. It was the largest company in the world and everyone said there was no way it should trade at a higher multiple. Then it traded at 40x, so go figure 🤷♂️...- SAJ-99
- Post #5,084
- Forum: Money and Finances
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Anybody Buying Yet? Where’s the Bottom?
You can make a pretty good argument that Apple is still expensive at a 30x trailing PE. For all these companies we have to figure out the earnings, the growth rate, and multiple, The multiple clearly has to be lower because of all the unknowns. Market as a whole is still expensive if we see a...- SAJ-99
- Post #5,072
- Forum: Money and Finances
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Tariffs
He mentioned he may cut China a deal if they sell Tik Tok. LOL. The grift is the purpose for all of this. He doesn't know anything else.- SAJ-99
- Post #116
- Forum: Money and Finances
