Off-Topic Stock Market & Crypto Discussion

[Empirical Cane]

Florida Man Horrified When NFTs He Bought Because Floyd Mayweather Told Him to Crater in Value

After spending $12,000 on Floyd Mayweather-endorsed NFTs that are now worthless, one Florida man is having major buyer's remorse.

futurism.com

 

[JD08]

Do you happen to drive the newer toyota sienna? The wife and I are contemplating replacing her buick SUV with that one.

Yup, a 2022. It's up to 34 MPG.

 

[Kjdcanefan]

Yup, a 2022. It's up to 34 MPG.

That is the main selling point for me, but how does it drive? We have three small kids and a 12 year old.

 

[JD08]

That is the main selling point for me, but how does it drive? We have three small kids and a 12 year old.

I like it better than the 2019 Highlander. This is our third Sienna. Take one for a test drive. With kids, it's a no brainer.

 

[Kjdcanefan]

I like it better than the 2019 Highlander. This is our third Sienna. Take one for a test drive. With kids, it's a no brainer.

They are hard to come by down south. Most Toyota dealerships within about 50 miles or so have them on back order currently. Same with the Kia Carnivals which is what the wife wants....

 

[JD08]

They are hard to come by down south. Most Toyota dealerships within about 50 miles or so have them on back order currently. Same with the Kia Carnivals which is what the wife wants....

Are you anywhere near Stuart, FL?

https://www.treasurecoasttoyotaofstuart.com/new-vehicles/sienna/

 

[Kjdcanefan]

Are you anywhere near Stuart, FL?

https://www.treasurecoasttoyotaofstuart.com/new-vehicles/sienna/

Contacting them to see if any are available. I live in Ft. Benning, but I dont mind the drive for one of those lol.

 

[SpikeUM]

I have noted multiple times that you dont fight the Fed but you do fight Congress, which is run by economically illiterate idiots. So the real money in Energy, just like in real estate, is being made in private equity, which is the wealthy. So in other words, all of these representatives and senators that claim to be for the working class are really just helping the rich.

PE investors revive appetite for fossil fuel deals | PitchBook

Oil and gas deals were on the mend during the first quarter of the year as private equity investors increasingly took advantage of market volatility and rising energy prices.

pitchbook.com

 

[TheEye]

Boy you could just do a traditional buy and sell on a Nasdaq index right now.

 

[SpikeUM]

So as the resident grinch in this thread, I find the 10 year at 2.75% really concerning, considering we have 8%+ inflation and a Fed simultaneously tightening and starting QT. The bond market, which is considered the smartest market, is forecasting a recession. Coupled with high inflation, if that continues, and you have stagflation.

 

[MiamisMoperiestMopes]

could I buy some MSPR with my canes vault NFTs?

 

[Cryptical Envelopment]

Watch your neighborhoods. 100% more Evs in the next 6 months. The horse and buggy laughed at ford.

The horse did. Buggies can't laugh.

 

[561caneforever]

So as the resident grinch in this thread, I find the 10 year at 1.75% really concerning, considering we have 8%+ inflation and a Fed simultaneously tightening and starting QT. The bond market, which is considered the smartest market, is forecasting a recession. Coupled with high inflation, if that continues, and you have stagflation.

Fear trade.

 

[Mikeiavelli]

They are hard to come by down south. Most Toyota dealerships within about 50 miles or so have them on back order currently. Same with the Kia Carnivals which is what the wife wants....

I bought a Kia Carnival a couple months ago. We LOVE it

 

[SpikeUM]

Fear trade.

If what you fear is inflation and therefore rising rates, you dont buy 10 year paper paying under 3%.

 

[mr.h]

Gonna be ugly for a while

yet it has a buy rating...everything gets dragged down together

 

[Kjdcanefan]

I bought a Kia Carnival a couple months ago. We LOVE it

Yeah they're super backed up too with orders that are going unfulfilled for months at a time.

 

[SpikeUM]

@Kjdcanefan Look at swapalease or leasetrader. I have used them in the past to take over leases.

 

[Calinative]

So as the resident grinch in this thread, I find the 10 year at 2.75% really concerning, considering we have 8%+ inflation and a Fed simultaneously tightening and starting QT. The bond market, which is considered the smartest market, is forecasting a recession. Coupled with high inflation, if that continues, and you have stagflation.

In the video I posted, you have 2 guys that are very accurate at predicting recessions/downturns giving their thoughts... Worth the watch.

 

[TheEye]

So as the resident grinch in this thread, I find the 10 year at 2.75% really concerning, considering we have 8%+ inflation and a Fed simultaneously tightening and starting QT. The bond market, which is considered the smartest market, is forecasting a recession. Coupled with high inflation, if that continues, and you have stagflation.

Maybe you or anyone here can explain the bond market. I understand prime rates, but the bond rates seem to be supply and demand driven. Like, for example, when longer terms yield less than shorter terms people freak out.