It's CRAZY in the Coastal Carolina's... they sell as fast as they build them. Its insane *LOL*
We are in the top ten fastest growing counties in the USA. Which tells me people still want to "escape" the other areas.
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- Thread starter Warstud
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We are in the top ten fastest growing counties in the USA. Which tells me people still want to "escape" the other areas.
APPL gone nuts today. Things were better than expected ... I do wonder if it will hold. We will see.
Tech for the win. If you can handle the roller coaster, that is.
$110 Billion buyback suggests that it will.
Most of my re-investments of interest and divi's already occurred for this month so yeah happy days are here again,
Congrats Dave. It's fun to see the big numbers, but I also have to remember it's only a paper gain or paper loss, until you realize it.
AI for the win. The big techies are all in. I am locked into tech due to my career in SEMI. Golden handcuffs baby!
The fake jobs report strikes again!
Employment Situation Summary - 2024 M04 Results
www.bls.gov
Initial US employment reports overstated by 439,000 jobs in 2023
Increased government spending and hiring have padded 2023 year-end unemployment numbers by over 400,000, according to the Bureau of Labor Statistics.
www.google.com
It's been a standing joke. I don't know if it's intentional, or a methodology problem, but initial job reports have been proven to be wildly inaccurate for some time now.
Just like the weather ............ It's probably not easy to report it with 100% accuracy ...... there's just to many variablesInitial US employment reports overstated by 439,000 jobs in 2023
Increased government spending and hiring have padded 2023 year-end unemployment numbers by over 400,000, according to the Bureau of Labor Statistics.
It's been a standing joke. I don't know if it's intentional, or a methodology problem, but initial job reports have been proven to be wildly inaccurate for some time now.
Look at the layoffs this year in Tech.
These were very good paying jobs….. not low paid part-time burrito makers at Chipotle.
techcrunch.com
These were very good paying jobs….. not low paid part-time burrito makers at Chipotle.
A comprehensive list of 2024 tech layoffs | TechCrunch
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2023 and 2024.
techcrunch.com
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Its a survey - well 2 actually. Call it what you want - there methodology is wrong. The numbers are constantly being revised lower. Only like 1/3 of those surveyed respond.Very detailed for being fakeEmployment Situation Summary - 2024 M04 Results
At some point the employers must report to their state how many people they have employed. There is good data out there from analysts that compile state data showing that Q3 last year, which showed per the survey's - job growth of around 600K for the quarter, was actually negative. Of course the issue is that by the time the data is actually verified its 9 months old.
Just like the retail sales survey keeps looking great, but actual state sales tax amounts are dropping.
Everyone thinks this data is all gospel, but its highly massaged, and way, way late. I agree with @Dave Hess - there are much better leading indicators.
However I still contend we probably won't get a technical recession with them printing $2T a year. Still doesn't mean things are good.
Tech is cyclical; it's brutal. Lotta tears when good people are let go.Look at the layoffs this year in Tech.
These were very good paying jobs….. not low paid part-time burrito makers at Chipotle.
A comprehensive list of 2024 tech layoffs | TechCrunch
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2023 and 2024.
Layoffs are used for housecleaning and/or political reasons. Part of the game.
I don't follow consumer stocks much, but am thinking of buying some SBUX. Taken to the wood shed due to poor sales in China. I think in a few years there will be no sales for anyone in China, but the zoomers aren't giving up there $8 coffee. Its the new Coca-Cola? 3% dividend, PE of 20.
Thoughts?
Thoughts?
I get your point and you maybe right. IN fact it's a great way to make money with beaten down stocks. Retail scares me even more and I have a mental issue with trying to catch falling knives unless I can see in their history that they rebound.
It's why I hesitate to look into Plug Power but I might think about it if I look into it some more. Than again, maybe StarBucks is safer *LOL* Because PlugPower looks pretty sick *LOL*
The workforce participation numbers would need to change dramatically to mean “much”
Workforce participation amongst men is still pretty terrible.
Possibly so, but I could also see where people ditch SBUX due to their pricing, as in SBUX is going to take a big hit when the next recession hits. Otherwise, yeah, they aren't going away.
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