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skooma512)
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Not a Children posted:All this fuckin copium they really think ZIRP is coming back and are trying to will it into existence against all evidence it'll only happen if/when trump wins the election, so we're at least a year off of that problem is that a ton more companies are on the verge of running out of cash and won't last long enough for zirp2 to happen
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Feb 1, 2024 16:59
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Mr Hootington posted:What do you want to know? Other people have chimed in (productivity up, costs down). It's just a pattern and more often than not in not sure what you're posting with little context.
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Feb 1, 2024 17:00
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American corporate fear of public opprobrium elevates the US economy above all others and ensures consumer satisfaction and safety.
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Feb 1, 2024 17:01
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TeenageArchipelago posted:But have you ever considered that a schedule might be useful? Please don't point out that you could easily do that from the device itself without cloud access. If you disable location services on their iPhone app and open the app, it makes your wifi drop and tells you that you have to enable location services for it to work. Wonder why google wants to know my location at all times. hmmm
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Feb 1, 2024 17:02
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the popes toes posted:American corporate fear of public opprobrium elevates the US economy above all others and ensures consumer satisfaction and safety. Companies fear our criticism? That's news to me.
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Feb 1, 2024 17:02
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Posting graphs and not explaining them is time honored DOOMSDAY culture. Why single hoot out? All posters from xeris is posting book pages sans commentary to seraph posting twitter rage bait w/o commentary.
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Feb 1, 2024 17:04
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https://www.youtube.com/watch?v=qpLxmZJtnAU
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Feb 1, 2024 17:05
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anonumos posted:Other people have chimed in (productivity up, costs down). It's just a pattern and more often than not in not sure what you're posting with little context. The ism and pmi numbers are 2 private monthly survey readings of how manufacturing or services are doing in the USA or other countries. The fed also has a monthly survey. I posted the PMI report which if you read would tell you what the numbers mean. The ISM report goes into greater detail. https://twitter.com/ZeigerDan/status/1753071279647961253?t=OaKGrmj0Hx_6Bhj2_6ldLg&s=19 Readings of above 50 means that section is considered to be in expansion. Below 50 is contraction. So if employment is above 50 that means services manufacturing is adding jobs. Below 50 means losing jobs. Other highlights in those reports are the survey response which are sometimes funny. Weekly new or continuing jobless is the number of people who lost their jobs and were able to file for UI benefits. Continuing means the number of people who did it at least 2 weeks in a row. Higher Continuing can indicate a worsening job market. All of these numbers are important to the Federal Reserve and Treasury department. Good to stay informed. Thumbs-up
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Feb 1, 2024 17:14
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I still haven't even heard a good reason to lower rates. The economy is supposedly doing great and inflation is under control. Sounds like rates are right were they need to be then. Other than please give us free money again obviously.
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Feb 1, 2024 17:23
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Raccooon posted:I still haven't even heard a good reason to lower rates. The economy is supposedly doing great and inflation is under control. Sounds like rates are right were they need to be then. Rated were raised to cause reduce housing prices, job loss, and reduced labor power. As soon as the job loss and reduced labor power happen meaningfully the rates will be cut. Idk what the fed will do about housing, but they know that is all hosed up and is going to cause huge issues soon.
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Feb 1, 2024 17:24
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Not a Children posted:All this fuckin copium they really think ZIRP is coming back and are trying to will it into existence against all evidence manifesting is cool now op
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Feb 1, 2024 17:28
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Mr Hootington posted:Rated were raised to cause reduce housing prices, job loss, and reduced labor power. As soon as the job loss and reduced labor power happen meaningfully the rates will be cut. Yeah I don't see how housing doesn't just go crazy again after rates are cut. I don't think the Fed could meaningfully do anything about it. I would think the housing market needs regulations to remove institutional buyers to really do anything.
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Feb 1, 2024 17:28
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I have noticed smaller towns in my area have been passing local ordinances against how many rental properties you can own. Lot of the locals were getting pissed their towns were being turned into massive Airbnb locations. Wonder if housing will just have to be fixed by local regs that trickle up to the state level over time.
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Feb 1, 2024 17:31
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Not a Children posted:All this fuckin copium they really think ZIRP is coming back and are trying to will it into existence against all evidence Nothing can be fixed anymore so every possible coping method must be maximized.
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Feb 1, 2024 17:32
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TeenageArchipelago posted:But have you ever considered that a schedule might be useful? Please don't point out that you could easily do that from the device itself without cloud access. 
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Feb 1, 2024 17:39
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Mr Hootington posted:Those numbers say that yes. Labor costs down while productivity is up plus higher unemployment. That is the economy getting better. by golly, Joe did it! 
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Feb 1, 2024 17:42
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err posted:https://twitter.com/CNBC/status/1753068542159626355 That the US banking sector apparently can't exist without ZIRP is very funny. No wonder the financial rags are acting like jonesing addicts.
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Feb 1, 2024 17:43
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Raccooon posted:I have noticed smaller towns in my area have been passing local ordinances against how many rental properties you can own. Lot of the locals were getting pissed their towns were being turned into massive Airbnb locations. Wonder if housing will just have to be fixed by local regs that trickle up to the state level over time. housing is like pensions or tech jobs, you’re either someone in the club who has access, or you’re not. that won’t change without a revolution
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Feb 1, 2024 17:53
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Raccooon posted:I have noticed smaller towns in my area have been passing local ordinances against how many rental properties you can own. Lot of the locals were getting pissed their towns were being turned into massive Airbnb locations. Wonder if housing will just have to be fixed by local regs that trickle up to the state level over time. I've said it before, but the one upside of HOAs is that a lot of them now have bylaws forbidding short-term rentals & they enforce them better than municipalities bc of the Karen factor.
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Feb 1, 2024 17:58
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Mandel Brotset posted:housing is like pensions or tech jobs, you’re either someone in the club who has access, or you’re not. that won’t change without a revolution and they let half of the country in on the grift so they can keep squeezing the other half, so a revolution isn't going to happen https://www.cbsnews.com/amp/pittsburgh/news/moon-township-landslide-beaver-grade-road-families-evacuate/ quote:"If you have a home and it is located somewhere that is prone to landslides, which is basically almost every homeowner in Western Pa., then that is something that needs to be addressed," state Rep. Valerie Gaydos said. If a house is a tool for building wealth first and a human need second what the gently caress do you think happens eventually Pittsburgh Fentanyl Cloud has issued a correction as of 18:09 on Feb 1, 2024 |
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Feb 1, 2024 18:01
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Nothus posted:That the US banking sector apparently can't exist without ZIRP is very funny. No wonder the financial rags are acting like jonesing addicts. Lol and lmao  These are Hampton and Long Island rear end homeloans loans of the medium boug. Fuckin burn!
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Feb 1, 2024 18:04
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Egg Moron posted:Many have said that AI seems to have made every search engine become dogshit because when you look anything up you now get an obviously ai generated article that buries the information you want under a pile of ads and often does not even include the information you want anyway when im like 80 im going to be giving kids speeches like elrond telling frodo that he was there when the strength of men failed except about the internet and ad revenue
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Feb 1, 2024 18:14
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TeenageArchipelago posted:But have you ever considered that a schedule might be useful? Please don't point out that you could easily do that from the device itself without cloud access. Pretty soon everything is going to be "smart" so that it can sell your usage data to advertisers, they only invest a pittance into making these lovely UIs with bottom of the barrel chips powering them so they can datamine you.
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Feb 1, 2024 18:16
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Mr Hootington posted:I'm fairly certain that we would have been in a "offical" recession by now if not for inflstion keeping GDP readings high. I doubt NBER would call an official recession without at least one or two quarters of noticeably increasing unemployment. Lots of layoff headlines with no real change in employment, so either we're just cooking the books that hard or we're still bouncing off the end-of-cycle unemployment lows.
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Feb 1, 2024 18:19
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https://twitter.com/Papapishu/status/1752919287763742961?t=uHHlbFA_AVdpWcKJEI2gNw&s=19
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Feb 1, 2024 18:20
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i have a first gen samsung led-backlit tv from like 14 years ago that that was the absolute zenith of tv design, super thin panel, glass bezel, absolutely no connectivity whatsoever, it was the first tv i ever owned that wasnt a lovely dorm crt/vcr combo thing that i saved up for with money from my first real job and you can pry it from my cold dead hands i will never give it up
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Feb 1, 2024 18:20
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Raccooon posted:Yeah I don't see how housing doesn't just go crazy again after rates are cut. I don't think the Fed could meaningfully do anything about it. I would think the housing market needs regulations to remove institutional buyers to really do anything. There will be a boost but the question is if the Fed actually can go back to the days of zero rates. The fact that the big pivot consistently gets delayed says something. I would argue the big issue is still inflation and the value of the USD. The US needs to keep the USD in balance and if they didn’t raise rates, it would cause a degree of devaluation. This has a side effect against housing prices and jobs. The housing market arguably needs regulation, but it also needs supply. The big issue in many major metro areas there just isn’t anywhere to reliably build and usually the infrastructure is pretty terrible in most American cities. American cities were only really designed to get so big in a sense and the system is failing. Arguably cutting and pasting what China does could work, but the chances of that happening are very low.
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Feb 1, 2024 18:20
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The Oldest Man posted:i have a first gen samsung led-backlit tv from like 14 years ago that that was the absolute zenith of tv design, super thin panel, glass bezel, absolutely no connectivity whatsoever, it was the first tv i ever owned that wasnt a lovely dorm crt/vcr combo thing that i saved up for with money from my first real job and you can pry it from my cold dead hands i will never give it up 
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Feb 1, 2024 18:21
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gently caress yeah, Zenith!
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Feb 1, 2024 18:23
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euphronius posted:many doctors make that much definitely radiology, anesthesiology, any sort of interventional thing, most surgery stuff. though obviously you have to go through a lot of school first, and debt my radiologist friend has a house with his own tennis court
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Feb 1, 2024 18:26
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that is certainly a chart
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Feb 1, 2024 18:32
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Raccooon posted:I have noticed smaller towns in my area have been passing local ordinances against how many rental properties you can own. Lot of the locals were getting pissed their towns were being turned into massive Airbnb locations. Wonder if housing will just have to be fixed by local regs that trickle up to the state level over time. locality’s can just require residential places to be owner occupied except for apartments or whatever
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Feb 1, 2024 18:34
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err posted:https://twitter.com/CNBC/status/1753068542159626355 
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Feb 1, 2024 18:36
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Raccooon posted:I have noticed smaller towns in my area have been passing local ordinances against how many rental properties you can own. Lot of the locals were getting pissed their towns were being turned into massive Airbnb locations. Wonder if housing will just have to be fixed by local regs that trickle up to the state level over time. Such things will be undone at the state level...
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Feb 1, 2024 18:37
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I assume the fed will jsut take their bad assets and give them good ones
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Feb 1, 2024 18:38
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euphronius posted:that is certainly a chart Bank_crisis.jpeg
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Feb 1, 2024 18:38
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euphronius posted:I assume the fed will jsut take their bad assets and give them good ones that is what that program the fed is winding down does
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Feb 1, 2024 18:39
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Raccooon posted:Yeah I don't see how housing doesn't just go crazy again after rates are cut. I don't think the Fed could meaningfully do anything about it. I would think the housing market needs regulations to remove institutional buyers to really do anything. A nation of landlords needs employed people to rent so for housing prices to go up the 50% everyone is predicting you would need an economy that can absorb even higher rents than now. Depending on how hard the renters get hosed the landlords aren't really going to be able to just buy every house at $1,000,000+ and find renters willing to pay $5,000 a month for a 1 bedroom condemned house. I'm sure rates dropping will mean more houses sold mostly due to the sheer insane greed of the 2020-2023 real estate market minting a trillion millionaires ready to get more properties under their belt but there is a limit somewhere. Eventually supply will increase when the assholes with 500 AirBNBs target demographic is now homeless and eating beans out of a can they bashed open with a rock.
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Feb 1, 2024 18:58
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anonumos posted:Such things will be undone at the state level... there’s been a ton of this going on in Iowa to punish the few Blue areas who get out of line and try to pass a law saying trans people are humans or whatever. states are the laboratory of democracy, but counties and cities are apparently errant children it was a mistake to ever give any independence to
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Feb 1, 2024 19:02
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ai must die
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Feb 1, 2024 19:04
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