The Steross Market and Investing Thread

You mean an industry unloaded its risk onto the taxpayer? Shocking.
*An industry lobbied Congress to pass laws unloading their risk onto the taxpayer
Lobbyist: We agree that “too big to fail” was bad. So, how about you take this money, and take our risk of failure, and we can be “Big with no risk of failure.”
Privatize gains.

Socialize losses.

Oligarchy playbook.
 

I suspect that people are chasing yield because of inflation. When money market accounts were paying 1% and inflation was 2%, people got excited to get a safe 4%. Now that inflation is killing, 4% sort of sucks. But, with more defaults, again, this could get ugly.
 
Last edited:

This doesn't bode well.

And, Mariadeliz, I know a guy that will gladly take you to Puerto Rico. Right @RxCowboy?
I’ve been noticing that nearly everything in the grocery store now is at least $5. I paid $7 yesterday for a protein bar and a Mt Dew Zero.

The rate of inflation has slowed, but that means prices are still increasing.
 
Fox Business: Disappointing jobs data, only 54,000 private sector jobs added, and look at this, the yield on the 10-year treasury below 4.2%. The 2-year down around 3.61%, yields down.

 
Reporter: Trump promised to cut electricity prices in half. New data is showing that prices are actually surging. Looking at electricity prices over the last year, up 5.5%. That's basically double the overall inflation rate. This is the exact opposite of what Trump argued would happen if he got elected

 
Interesting that South Dakota has the lowest unemployment rate even though its minimum wage is $11.50. In Nebraska, it's $13.50 to go up to $15 in Jan. 2026. The unemployment rate there is 3.0%, slightly lower than Oklahoma.

Oklahoma Republicans combined with their donor the Oklahoma Chamber of Commerce will be telling voters in June to vote NO on raising the min. wage because it will cause employers to lay off workers. That's BS. I'll be voting YES! It will be interesting to see the endless around the clock BS TV ads they come up to tell voters to vote NO!
 
Last edited:
Interesting article. I’ll take both sides

I love anything that gets spouses and families talking about finances, budgets and spending habits. My wife and I had a rule from day one (when we were poor married kids and Taco Bell tacos were 39 cents) and still use it today (when we are retired). We cannot spend more than 50$ on one item or more than 100$ on combined items (excluding living expenses like mortgage, utilities, food or car payments) without a 24 hour pause after 1st discussing it w each other.

The flip side is 0.01% can compound and add up quick, so I would encourage each person or each family to think even though that purchase is small how does it fit into your overall budget.
 
Back
Top