Jump to content

The Economy and The Markets (where are we, where are we heading, and what does it mean for the QC...)


A2.

Recommended Posts

19 hours ago, urbanlover568 said:

I know people at these companies who converted from in-office to fully remote. It's not rocket science for a company to figure out reducing your office footprint saves money($1 Billion for Google example) and is environmentally friendly.  

Great, that doesn't stop the fact that every single on of the companies I mentioned said they are bring people back to the office: Apple for example.   https://www.theverge.com/2021/6/2/22465846/apple-employees-return-office-three-days-week-september . Google (Which did slightly backtrack after Employees freaked. I am sure the back track will not remain as more come into the office and new hires will have to report to the office) https://www.cnn.com/2021/05/05/tech/google-office-remote-work-pandemic/index.html

Leases are a tax write off. Employees working from home not so much. 

Link to comment
Share on other sites


7 hours ago, Blue_Devil said:

Great, that doesn't stop the fact that every single on of the companies I mentioned said they are bring people back to the office: Apple for example.   https://www.theverge.com/2021/6/2/22465846/apple-employees-return-office-three-days-week-september . Google (Which did slightly backtrack after Employees freaked. I am sure the back track will not remain as more come into the office and new hires will have to report to the office) https://www.cnn.com/2021/05/05/tech/google-office-remote-work-pandemic/index.html

Leases are a tax write off. Employees working from home not so much. 

Enjoy your daily commute! :tw_innocent: My commute is to my office in my home. Building a garden with my spare time. I'm also building equity in my home. Sucks being in a "boring" suburb.  :tw_glasses: Also, #STONKS

  • Like 1
Link to comment
Share on other sites

Sky high prices!

CPI-Airlines.jpgCPI-Hotels.jpgCPI-Used-Cars-and-Trucks.jpgCommodity-Prices-Food-2.jpgGasoline-Prices.jpgCPI-Shelter.jpgCPI-Projected.jpg

 

Here's How Much Money You Need To Buy Different Everyday Items In Venezuela  (11 Pics) | Bored Panda

 

Get ready for hyperinflation everyone. The Dollar will be debased. 

 

Quote

“We worry that inflation will make a comeback. Few still remember how our societies and economies were threatened by high inflation 50 years ago. The most basic laws of economics, the ones that have stood the test of time over a millennium, have not been suspended. An explosive growth in debt financed largely by central banks is likely to lead to higher inflation. … Rising prices will touch everyone. The effects could be devastating, particularly for the most vulnerable in society. Sadly, when central banks do act at this stage, they will be forced into abrupt policy change which will only make it harder for policymakers to achieve the social goals that our societies need.” - Deutsche Bank

 

Edited by urbanlover568
Link to comment
Share on other sites

On 6/9/2021 at 9:32 PM, urbanlover568 said:

Enjoy your daily commute! :tw_innocent: My commute is to my office in my home. Building a garden with my spare time. I'm also building equity in my home. Sucks being in a "boring" suburb.  :tw_glasses: Also, #STONKS

I own a house too. Have plenty of equity in it, and work from home. I am not saying I enjoy commuting. Even though I walk 8 minutes to East/West Station take a 5 minute train ride, and another two minute walk, I would still rather work from home. But the reality is, almost every single major company will bring employees back. You are making some argument about what's best, I don't disagree, but just because something is best, doesn't mean its what all of these companies are going to do. Every single major bank has said they are going to bring employees back. BOA, US Bank, Wells, Truist, Ally, MUFG. They have all said it is going to start around Fall. Honeywell said they are bring people back. USAA is hiring here to have people in the office, so is Robinhood. 

Its just what's happening, I would rather work from home too. 

  • Like 3
Link to comment
Share on other sites

58 minutes ago, kermit said:

The $46 trillion bond market does not seem to be concerned:

image.png.a3c5425e8760df6b8277985a4fd1dfd6.png

I trust Deutsche Bank over your "analysis" anyday.  Have a good day! 

35 minutes ago, Blue_Devil said:

I would rather work from home too. 

Stark contrast from your previous post LMAO 

On 5/27/2021 at 11:48 AM, Blue_Devil said:

Thats what I have been saying. We are about to have an Apartment boom in uptown the likes of which this city has never seen. People want activity after being stuck in a house for a year +. I think COVID will make cities grow even faster as spending every day in a suburb has made a lot of people realize how boring it all is. 

 

Link to comment
Share on other sites

1 minute ago, urbanlover568 said:

I trust Deutsche Bank over your "analysis" anyday.  Have a good day! 

The chart does not express my opinion. It shows the aggregate opinion of the largest financial market in the world.

Shrug....

  • Like 2
Link to comment
Share on other sites

2 minutes ago, kermit said:

The chart does not express my opinion. It shows the aggregate opinion of the largest financial market in the world.

Shrug....

Again, I trust Deutsche Bank over your "analysis" anyday.  Have a good day! 

Edited by urbanlover568
Link to comment
Share on other sites


Well, luckily, if you trust DB's concerns, and think the bond market is wrong, all you need to do is go cash out as much money as you can from your house at these low rates, and buy as much gold, silver, crypto, real estate, and other hard assets that you can.  

  • Like 2
Link to comment
Share on other sites

1 hour ago, urbanlover568 said:

I trust Deutsche Bank over your "analysis" anyday.  Have a good day! 

Stark contrast from your previous post LMAO 

 

I mean, I posted what I think is going to happen... and stand by... I don't live in a suburb, and I don't commute. I love the city, I love it in the city. I don't live in a box, and I enjoy working from home. Nothing I posted contradicts itself. I believe cities like Charlotte are going to grow exponentially, as we add massive amounts of people here. I believe that's already coming true if you look at Morehead and the growth there, SouthEnd and all the proposed Apartments, etc. Charlottes a young city, filled with Banking. They like going out, and meeting people. SouthEnd actually added more businesses then closed during the pandemic. 

And again you're trying to post gotchyas, instead of looking at the announcements from the major uptown employers saying what they are going to do. 

  • Like 2
Link to comment
Share on other sites

36 minutes ago, atlrvr said:

Well, luckily, if you trust DB's concerns, and think the bond market is wrong, all you need to do is go cash out as much money as you can from your house at these low rates, and buy as much gold, silver, crypto, real estate, and other hard assets that you can.  

Why should I sell my home at 750,000 now when it will be worth 3,000,000 in a few years? And with the way Congress is spending like drunken sailors, it may go even higher than 3,000,000. As for gold and silver, it's all based on the dollar after the FED removed the gold standard. Much better to own the actual meal than a paper note. With China closing down and seizing BTC accounts, it's reverberating through the crypto market. Other countries could follow the same path. 

18 minutes ago, Blue_Devil said:

I mean, I posted what I think is going to happen... and stand by... I don't live in a suburb, and I don't commute. I love the city, I love it in the city. I don't live in a box, and I enjoy working from home. Nothing I posted contradicts itself. I believe cities like Charlotte are going to grow exponentially, as we add massive amounts of people here. I believe that's already coming true if you look at Morehead and the growth there, SouthEnd and all the proposed Apartments, etc. Charlottes a young city, filled with Banking. They like going out, and meeting people. SouthEnd actually added more businesses then closed during the pandemic. 

And again you're trying to post gotchyas, instead of looking at the announcements from the major uptown employers saying what they are going to do. 

SouthEnd is a suburb of Uptown.  

Link to comment
Share on other sites

3 minutes ago, kermit said:

Dude, I am trying to help you self-actualize here:

1) Cash out refi all of your equity

2) Use some of the cash to add a vault to your house

3) Fill the vault with gold, solver, copper, slim jims and catalytic converters.

If you are sure that inflation is gonna crush us like it crushed the Weimer then you have options -- take em!

Let us know how it goes.

No thanks, i'm holding. I'm not selling and then renting and throwing my money away "Dude". I already am getting physical gold and silver. If things really deteriorate here in the states, I got enough savings(gold and silver) to emigrate to another country. 

Link to comment
Share on other sites


2 minutes ago, tarhoosier said:

@A2.  Is that you?

When A2. was here he was "brace for impact" , blue pill/red pill and what not. I went to his twitter account and it was all goldbuggery  and crypto "to the moon". I miss that guy. (maybe this is him?)

I'm not A2. I really don't care about what you have to say in this matter though. You do what's best for you, and i'll do what's best for me. 

Edited by urbanlover568
  • Haha 2
Link to comment
Share on other sites

Just now, Blue_Devil said:

I like how you post something in a discussion forum, from a bank that is facing more issues then Wells Fargo and almost went bankrupt in 2019, and then when people want to talk about it, you say no....

Like I would take financial advice from random board posters on here than from Deutsche Bank.  LOL 

Link to comment
Share on other sites

39 minutes ago, urbanlover568 said:

Like I would take financial advice from random board posters on here than from Deutsche Bank.  LOL 

Sounds like you had your mind made up about inflation. Given that, what response were you hoping to get from your post?

Link to comment
Share on other sites

4 minutes ago, kermit said:

Sounds like you had your mind made up about inflation. Given that, what response were you hoping to get from your post?

Hope for the best, prepare for the worst. That's how I positioned my portfolio. In hindsight, I should have expected the replies I got on here and probably should not have posted it. 

Link to comment
Share on other sites

From the Charlotte Ledger this morning:

  • Moore & Van Allen, the city’s largest law firm, says most of its Charlotte-based attorneys and staff will return to the office on a regular basis after July 4.

  • K&L Gates says it had a soft “back to office opening” on June 1 and is having a harder “back to office opening” July 1.

  • McGuireWoods says it is “strongly encouraging people to get back in as soon as they can.”

  • Parker Poe says it has asked its employees to have a “regular and consistent presence in our offices starting this summer.”

 

Airline CEOs forecast quick return for business travel

… And with more people heading back to the office, airline CEOs say they are increasingly confident that business travel will pick up the rest of this year and next year — and even be back to normal by 2023.

Edited by Blue_Devil
  • Like 2
Link to comment
Share on other sites

12 minutes ago, rancenc said:

Article from July of last year concerning productivity decline with remote work.

https://www.techrepublic.com/article/long-term-remote-work-is-leading-to-a-global-drop-in-productivity/

I cannot speak for everyone, but I have been working longer hours since I have been home b/c of demand of my time.  I feel I'm more productive at home than in the office.  Mental and physical stress is also the reason I feel like I just keep plowing through getting things accomplished.

  • Like 2
Link to comment
Share on other sites

Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record

  • Producer prices as of May rose 6.6% over the past 12 months, the fastest increase on record.
  • At the same time, retail sales declined 1.3%, worse than the 0.6% estimate.
  • Month over month, the producer price index increased 0.8%, also faster than the 0.5% estimate.

https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html

  • Haha 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   1 member

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.