Recession

118,275 Views | 1536 Replies | Last: 9 hrs ago by boognish_bear
FLBear5630
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boognish_bear said:



Things are good in Canada. Although, skiers are like fishing, hunting and sailing where people will spend on what they want to do.
STxBear81
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Vail, Aspen ,beaver creek ,Jackson hole , Sundance or telluride to name a few are not hurting
FLBear5630
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STxBear81 said:

Vail, Aspen ,beaver creek ,Jackson hole , Sundance or telluride to name a few are not hurting

They have limited time to make their money. A late season can mean the difference between record profits and bankrupcy or selling out...
STxBear81
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Maybe better said those who go there aren't hurting
FLBear5630
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STxBear81 said:

Maybe better said those who go there aren't hurting

Yeah. Or, plan for it. My Brother in Law does nothing year around, until ski season. Then he has 3 passes has reservations at certain places years in advance (like a timeshare for skiing), and he spends on his equipment. Cheap as **** on everything else. You DO NOT want him planning lunch or dinner, it will be the cheapest stuff he can find. But, skiing... 5k on skis? No problem. New boots? best rated. You and I eating lunch - summer sausage and a knife...
whiterock
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FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse
FLBear5630
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whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?
Oldbear83
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Historically, politicians have always liked to pretend that whatever they do will lead to 'good-paying jobs'.

That which does not kill me, will try again and get nastier
whiterock
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FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?
whiterock
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Not in a recession.

boognish_bear
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boognish_bear
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FLBear5630
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whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?


So, you are hiring based on change in depreciation? Just how much is that and how many permanent positions can it fill?
whiterock
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boognish_bear said:




LOL orange man cut the cheese!
whiterock
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boognish_bear said:




key words: "historically low US cattle herd"

As noted before, imports have eaten away our domestic heard and it will take years to rebuild it.
whiterock
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FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?


So, you are hiring based on change in depreciation? Just how much is that and how many permanent positions can it fill?

Sigh. What does it take for corporations to grow their business?
whiterock
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Exactly!
FLBear5630
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whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?


So, you are hiring based on change in depreciation? Just how much is that and how many permanent positions can it fill?

Sigh. What does it take for corporations to grow their business?

Sigh... You are not answering my question. Trump said the new depreciation rules will result in new hiring. Are you adding employees with the money the depreciation of your IT hardware is creating? How much will you Company depreciate on IT hardware? Enough to fund permanent positions? How many FTEs are you adding with those funds?

I say none. It will be used to show higher efficiencies and will end up being Executive bonuses.
boognish_bear
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KaiBear
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LOL

I wonder just how many people are ( not so ) secretly pissed off with this good economic news ?

trey3216
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FLBear5630 said:

J.R. said:

boognish_bear said:

Just bought a 22 pound USDA Prime brisket from Costco yesterday for $135. That is six dollars a pound. Six years ago that same brisket would've been half that price.

Still a hell of a lot cheaper than going to a top top end barbecue restaurant where they are charging $35+ per pound now… but it still gave me some sticker shock.

yeah, don't get me started on BBQ. Back in my day it was a way to cook the crap out of a much lesser muscle. Though I'm in the cattle/waygu business, I have a serious issue with the cost these days. $22 plus for a sammie. People still buy that stuff which I appreciate. Hell, I don't use it that much.

The art of BBQ has deteriorated. It is now overwhelmed by spice rubs and too much smoke. It used to be a mild seasoning, now you taste it for days. I have really stayed away from BBQ for the last 5 to 10 years.
the people making really good BBQ these days are doing it right with salt, pepper and maybe a little garlic. Too much smoke only exists with places that don't know how to make a proper fire.
Mr. Treehorn treats objects like women, man.
Realitybites
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boognish_bear said:



Technically, a hyperinflationary currency collapse isn't a "recession".
FLBear5630
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trey3216 said:

FLBear5630 said:

J.R. said:

boognish_bear said:

Just bought a 22 pound USDA Prime brisket from Costco yesterday for $135. That is six dollars a pound. Six years ago that same brisket would've been half that price.

Still a hell of a lot cheaper than going to a top top end barbecue restaurant where they are charging $35+ per pound now… but it still gave me some sticker shock.

yeah, don't get me started on BBQ. Back in my day it was a way to cook the crap out of a much lesser muscle. Though I'm in the cattle/waygu business, I have a serious issue with the cost these days. $22 plus for a sammie. People still buy that stuff which I appreciate. Hell, I don't use it that much.

The art of BBQ has deteriorated. It is now overwhelmed by spice rubs and too much smoke. It used to be a mild seasoning, now you taste it for days. I have really stayed away from BBQ for the last 5 to 10 years.

the people making really good BBQ these days are doing it right with salt, pepper and maybe a little garlic. Too much smoke only exists with places that don't know how to make a proper fire.

Yeah, you can really go overboard with woods like mesquite. Taste it for days...
whiterock
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FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?


So, you are hiring based on change in depreciation? Just how much is that and how many permanent positions can it fill?

Sigh. What does it take for corporations to grow their business?

Sigh... You are not answering my question. Trump said the new depreciation rules will result in new hiring. Are you adding employees with the money the depreciation of your IT hardware is creating? How much will you Company depreciate on IT hardware? Enough to fund permanent positions? How many FTEs are you adding with those funds?

I say none. It will be used to show higher efficiencies and will end up being Executive bonuses.


Geez the obtusity. Do you really think tax and regulatory burden has no impact the economy whatsoever?
Realitybites
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Gold and Silver. What's Really Happening.
Doc Holliday
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whiterock said:

Not in a recession.


We need 2-3 years of real wage gains, stable prices and fewer surprise cost spikes. We also need rate cuts.

The economy is uneven IMO.
Macro: strong
Corporate: solid
Asset owners: fine
Many households: still tight

The real issue is wages/salaries. They didn't just fall behind, they lost a decade in 3 years (2021-2023). GDP and corporate earnings look fine while paychecks don't because productivity gains flowed more to profits than pay.

whiterock
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Doc Holliday said:

whiterock said:

Not in a recession.



We need 2-3 years of real wage gains, stable prices and fewer surprise cost spikes. We also need rate cuts.

The economy is uneven IMO.
Macro: strong
Corporate: solid
Asset owners: fine
Many households: still tight

The real issue is wages/salaries. They didn't just fall behind, they lost a decade in 3 years (2021-2023). GDP and corporate earnings look fine while paychecks don't because productivity gains flowed more to profits than pay.



yep. and the fix for the problem you cited starts with rapid economic growth, which the Trump Trade deals virtually guarantee will happen over the next 24-36 months.
trey3216
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FLBear5630 said:

trey3216 said:

FLBear5630 said:

J.R. said:

boognish_bear said:

Just bought a 22 pound USDA Prime brisket from Costco yesterday for $135. That is six dollars a pound. Six years ago that same brisket would've been half that price.

Still a hell of a lot cheaper than going to a top top end barbecue restaurant where they are charging $35+ per pound now… but it still gave me some sticker shock.

yeah, don't get me started on BBQ. Back in my day it was a way to cook the crap out of a much lesser muscle. Though I'm in the cattle/waygu business, I have a serious issue with the cost these days. $22 plus for a sammie. People still buy that stuff which I appreciate. Hell, I don't use it that much.

The art of BBQ has deteriorated. It is now overwhelmed by spice rubs and too much smoke. It used to be a mild seasoning, now you taste it for days. I have really stayed away from BBQ for the last 5 to 10 years.

the people making really good BBQ these days are doing it right with salt, pepper and maybe a little garlic. Too much smoke only exists with places that don't know how to make a proper fire.

Yeah, you can really go overboard with woods like mesquite. Taste it for days...
most good bbq places don't use any mesquite
Mr. Treehorn treats objects like women, man.
FLBear5630
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whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

whiterock said:

FLBear5630 said:

boognish_bear said:



Really? That will turn into hiring? I will make a bet. What it will do is let Executives show that they are reducing costs and saving money, which will turn into bigger bonuses. No one is hiring on the depreciation of hardware...

obtuse

You really think that will lead to hiring? What will you do with more liberal depreciation rules? Hire more or show your Board a leaner operation?

Obtuse = a profound lack of understanding about how corporations grow sales and profits and shareholder wealth?


So, you are hiring based on change in depreciation? Just how much is that and how many permanent positions can it fill?

Sigh. What does it take for corporations to grow their business?

Sigh... You are not answering my question. Trump said the new depreciation rules will result in new hiring. Are you adding employees with the money the depreciation of your IT hardware is creating? How much will you Company depreciate on IT hardware? Enough to fund permanent positions? How many FTEs are you adding with those funds?

I say none. It will be used to show higher efficiencies and will end up being Executive bonuses.


Geez the obtusity. Do you really think tax and regulatory burden has no impact the economy whatsoever?

Yet, you didn't answer the questions CEO...

How much of an impact on hiring? How many FTE's (full time equivalent for estimating labor) does the depreciation of IT Hardware mean to your business. Do you EVEN own any IT hardware or is it leased and your software subscriptions so there is NO depreciation.

Yet, Maria (the Trump Honey) is bugling it as a major boon for hiring which you agree. SO, in your business Mr. CEO, how many FTE's does this represent and when are you advertising for hiring the additional people?

boognish_bear
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Doc Holliday said:

whiterock said:

Not in a recession.


We need 2-3 years of real wage gains, stable prices and fewer surprise cost spikes. We also need rate cuts.

The economy is uneven IMO.
Macro: strong
Corporate: solid
Asset owners: fine
Many households: still tight

The real issue is wages/salaries. They didn't just fall behind, they lost a decade in 3 years (2021-2023). GDP and corporate earnings look fine while paychecks don't because productivity gains flowed more to profits than pay.





boognish_bear
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In case anyone was looking for an investing advice from Jake Paul…

boognish_bear
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