Random Thought Thread

Opining on the Marktes, not being Poli-D*ck-All:

Neither Israel nor Russia are save havens, specially Russia so I won't put much stock into that if you'd pardon the pun. All the current indications today are pointing toward uncertainty which the Markets loath. Oil being down is a troubling sign. No one wants to pay high prices at the pump, but anything less than 50 per barrel (we are far away from that for now) spells doom & gloom or the industry, particularly for our domestic production. One intriguing indicator today was gold being down drastically at the open which is contradictory to the possibility of recession, but I see that it has recovered some; I think that gold is a good safe haven in these times but there is also profit taking going on.

ETA: I am still buy 'n hold, on my CPK positions :p
 
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If less people need USD in international commerce, its value (supply & demand) will decrease. Most transactions worldwide are done in USD so if less goods are sold for export to the American consumer, less demand for $ in international markets hence the decrease in its value. Then the only way to prop a declining currency is to actually offer more interest on it to make worthwhile to hold it, not by reducing the Fed rates which will further weaken the $. A weaker $ is good for exports but not during a tariffs p*ssing match. Yes we have lost way too much in way of our domestic manufacturing which goes back to somewhere over 40 years now. Shock to the system can not compensate for 40+ years of attrition in our own manufacturing infrastructure. The last 40 years brought a boon of wealth to the U.S making some people tremendously wealthy but that also came at the expense of the average working man, the forgotten man.
 
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I got a funny DOGE story..

So I am installing a brand new Carrier 10 ton split unit at NOAA in Seattle the next four days. On Wednesday next week, DOGE is shutting this entire office down. It will be vacant. So the taxpayers are paying for this brand new piece of equipment, I’m going to run it for about 30 minutes to test and charge it, and it will be shutdown.
 
Murphjd25 said:
I got a funny DOGE story..

So I am installing a brand new Carrier 10 ton split unit at NOAA in Seattle the next four days. On Wednesday next week, DOGE is shutting this entire office down. It will be vacant. So the taxpayers are paying for this brand new piece of equipment, I’m going to run it for about 30 minutes to test and charge it, and it will be shutdown.
Click to expand...
It would need to be fixed if the building is leased or sold in any event.
 
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