At this point I dunno that their ethics and intelligence are questionable. I kinda side on it being confirmed that their ethics and intelligence both just suck out loud.
The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
My opinion as an older guy that has always followed this stuff fairly closely for a non-financial industry guy: Leave it TF alone.
Getting one move right or wrong will cause you to start making further moves because either you have to make up for your screw-up or because you did well, and you now think you can keep that up. But, this stuff is hard. It is hard even if it is what you do all day. Figuring out how all the macroeconomic moves are going to come together and affect your account is not a one-hour on a Sunday evening once a month kinda job.
TBH, of course I can't know for sure, but I'm pretty confident that my attempts to do better than stuff-it-in-and-forget-about-it have cost me 7 figures that don't start with a one.
Right on time:
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JTOSU
Ranger
100% agree with that tweet.
I haven’t met anyone that can successfully and consistently time the market. Well, other than our elected politicians.
The other part of that is knowing which stocks or funds in which to invest at different periods of your life.
That is straight insane.
Polds4OSU
Marshall
BREAKING: Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would start to show up in consumer prices over the summer.
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The Hill (@thehill) on Threads
BREAKING: Inflation rose by 2.7 percent in June following warnings from economists that the cost of President Trump’s tariffs would start to show up in consumer prices over the summer.
www.threads.com
Polds4OSU
Marshall
Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite
- Stellantis released preliminary estimates for the first six months of the year shortly after withdrawing its full-year financial guidance.
- It expects a net loss of 2.3 billion euros ($2.68 billion) amid the early effects of U.S. tariffs.
Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its preliminary figures.
Stellantis, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, estimated first-half net revenue of 74.3 billion euros, down from 85 billion euros from the same period last year.
The preliminary figures come in the absence of financial guidance, which the company suspended on April 30.
Stellantis said it taken the extraordinary move to publish preliminary and unaudited financial information for the first half of the year due to the difference between analyst consensus forecasts and the firm's performance over the period.
link
Polds4OSU
Marshall
Harry Enten: "Inflation in my mind was what cost Joe Biden the presidency more than any other factor. It brought him down. But guess what? Donald Trump at this point, his net approval rating on inflation among independents -- it's actually worse than Biden's was a year ago! Minus 45 points!"
www.threads.com
Aaron Rupar (@aaron.rupar) on Threads
Harry Enten: "Inflation in my mind was what cost Joe Biden the presidency more than any other factor. It brought him down. But guess what? Donald Trump at this point, his net approval rating on inflation among independents -- it's actually worse than Biden's was a year ago! Minus 45 points!"
www.threads.com
Nope, ya lost all credibility there, Harry.
