President Joe Biden

Multi Sport said:
Say it ain't so Joe...

"Deutsche Bank raised eyebrows earlier this month by becoming the first major bank to forecast a US recession, albeit a "mild" one.
Now, it's warning of a deeper downturn caused by the Federal Reserve's quest to knock down stubbornly high inflation.
"We will get a major recession," Deutsche Bank economists wrote in a report to clients on Tuesday."
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Ive started watching CNBC in the mornings and they have been dropping the R word for weeks. The Fed is going to have to try and slow the stock market if they want to try and tame inflation... so short term you'd expect stocks to go down.

Since I've been playing like I'm an expert on everything this morning let me take a moment to make the caveat that professional I'm a television editor and not a oil expert or stock market guru (i.e. don't invest your retirement on my stock tips). But my two cents are Jay Powell has been pretty good so far? So I'm hopeful for a soft landing. If folks were to take their money out of the market... where would they put it? Bonds? Real Estate? Under their mattress? Hmm... considering the alternatives the market doesn't look too bad.
 
tenacious said:
Ive started watching CNBC in the mornings and they have been dropping the R word for weeks. The Fed is going to have to try and slow the stock market if they want to try and tame inflation... so short term you'd expect stocks to go down.

Since I've been playing like I'm an expert on everything this morning let me take a moment to make the caveat that professional I'm a television editor and not a oil expert or stock market guru (i.e. don't invest your retirement on my stock tips). But my two cents are Jay Powell has been pretty good so far? So I'm hopeful for a soft landing. If folks were to take their money out of the market... where would they put it? Bonds? Real Estate? Under their mattress? Hmm... considering the alternatives the market doesn't look too bad.
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People here encourage cryptocurrency. Or is that considered to be part of "the market" now?

BTW, crypto, just like any bubble-based investment vehicle, will do just fine until too many people want to cash out. Since there are no fundamental objects of value, the fall will be as limitless as the rise.
 
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tenacious said:
Ive started watching CNBC in the mornings and they have been dropping the R word for weeks. The Fed is going to have to try and slow the stock market if they want to try and tame inflation... so short term you'd expect stocks to go down.

Since I've been playing like I'm an expert on everything this morning let me take a moment to make the caveat that professional I'm a television editor and not a oil expert or stock market guru (i.e. don't invest your retirement on my stock tips). But my two cents are Jay Powell has been pretty good so far? So I'm hopeful for a soft landing. If folks were to take their money out of the market... where would they put it? Bonds? Real Estate? Under their mattress? Hmm... considering the alternatives the market doesn't look too bad.
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My wife worked as editor of news with Anderson Cooper back in the day. This was way before his big start at CNN.
 
White House adviser Cedric Richmond confirmed Tuesday that he will depart President Biden’s staff for a position at the Democratic National Committee — shortly after reporting that he called left-wing Reps. Alexandria Ocasio-Cortez and Rashida Tlaib “f—ing idiots.”
 
Multi Sport said:
White House adviser Cedric Richmond confirmed Tuesday that he will depart President Biden’s staff for a position at the Democratic National Committee — shortly after reporting that he called left-wing Reps. Alexandria Ocasio-Cortez and Rashida Tlaib “f—ing idiots.”
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I found your baby pic....lol
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tenacious said:
Ive started watching CNBC in the mornings and they have been dropping the R word for weeks. The Fed is going to have to try and slow the stock market if they want to try and tame inflation... so short term you'd expect stocks to go down.

Since I've been playing like I'm an expert on everything this morning let me take a moment to make the caveat that professional I'm a television editor and not a oil expert or stock market guru (i.e. don't invest your retirement on my stock tips). But my two cents are Jay Powell has been pretty good so far? So I'm hopeful for a soft landing. If folks were to take their money out of the market... where would they put it? Bonds? Real Estate? Under their mattress? Hmm... considering the alternatives the market doesn't look too bad.
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I've always viewed dips in the market as sales and feel the same about other markets now too.

Not an analyst but I just finished an Amazon Grocery store. The tech in the store is amazing and very protected and guarded.
 
Multi Sport said:
White House adviser Cedric Richmond confirmed Tuesday that he will depart President Biden’s staff for a position at the Democratic National Committee — shortly after reporting that he called left-wing Reps. Alexandria Ocasio-Cortez and Rashida Tlaib “f—ing idiots.”
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Same was said about trump by many very close to him, so there’s that. I must say you simply ooze hate, feelings of victimhood, with a strong penchant for vengeance. A woman scorned on steroids.
 
tenacious said:
My understanding is that in the colder months, much of the country still uses oil to heat their homes and for hot water. So in terms of consumption of oil the months where folks are driving and heating their house would be the time where fuel was in high demand.

As for summer gas price fluctuations, doesn't that have more to do with the number of refineries that were setup to refine crude into gasoline? Refiners don't want to create extra gas beyond what will be needed; so those weekends where the weather is nice and everyone wants to drive somewhere demand can exceed the supply that was anticipated. So the price goes up.
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Prices go up every summer, so I think its just a question of raising the price point in the knowledge that people will pay. It would be a major "miss" of a corporation to not be able to anticipate demand every summer, forever. And its not like there's ever a shortage or a fear of a shortage.
 
SUMMER GASOLINE
In the warmer months, gasoline has a greater chance of evaporating from your car’s fuel system. This can produce additional smog and increased emissions. Refiners reduce the chance of gas evaporation in your car during the summer by producing gasoline blends that have lower Reid vapor pressure (RVP), or lower volatility. These blends vary from state-to-state, region-to-region due to RVP state regulations. They also vary by octane level.

Cost for your wallet: According to NACS, this higher-grade fuel can add up to 15 cents per gallon to the cost of your fill-up. This excludes the increased cost due to summer fuel demand, which can vary between 5-15c/gal, depending on region. More stringent requirements (like California) can mean an even higher cost.

www.gasbuddy.com

The Difference Between Summer-Blend and Winter-Blend Gasoline

We’re talking about the cost differences between summer and winter gasoline along with how to save money on your fill-up.
www.gasbuddy.com www.gasbuddy.com
 
Hüsker Dü said:
Same was said about trump by many very close to him, so there’s that. I must say you simply ooze hate, feelings of victimhood, with a strong penchant for vengeance. A woman scorned on steroids.
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Oooo.. did you have your thesaurus next to you for that post Sunshine? Careful now. Using multi syllable words might give you a headache...
 
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