Recent content by Bowers3

Probably should have done this 50-60 years ago.

Oh ok. I think I see now. You're trolling.

It's just that no one knows what the hell you're talking about. Trump escalated US airstrikes in Afghanistan and Yemen. The Syrian civil war (remember the MOAB everyone was so proud of Trump for dropping). Trump OK'd the assassination of Soleimani which was a HUGE escalation of tensions with...

Trump, either willingly or unknowingly, is very obviously used by Putin to run interference here at home and with our allies. He terminated several treaties (e.g. Open Skies Treaty, Treaty on Conventional Armed Forces in Europe) that Putin needed to be out of in order for large scale armed...

Sorry not cash. "Forgivable loans."

Only about 10 billion is cash. The rest is a valuation of equipment, food, training, etc.

I hate you.

What are they used for?

It's just too bad that Norm MacDonald died before OJ. The jokes really could have been something.

Aw, I miss Sears.....

Context. All economic data is going to have a big "V" on the charts from the pandemic. We just haven't put enough time between now and then to see things normalize. Credit card debt/disposable income is rising faster than probably ever. But it dropped faster than ever in 2020. Was that because...

Also, yes. Mortgage applications are down because rates are up. That means Quantitative Tightening is working. As a result, housing prices are normalizing. CRE is collapsing. Yes. Nothing to do with economic conditions though. Companies just realized they don't need the space. This will take a...

What Steross is saying now and what I was telling Donny a few days ago is that he just needs to zoom out. I'll post some charts compiled by an independent website that I've referenced here before. If you focus on the years around the pandemic, you can come to all sorts of negative conclusions...