We aren't remotely close to being able to store the energy required to meet our energy needs. That's a flat out lie.
OT: Stock and Investment Talk
- Thread starter RU-05
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We aren't remotely close to being able to store the energy required to meet our energy needs. That's a flat out lie.
It will ramp up considerably at the end of this decade. The 2030’s may wind up being the decade wind becomes dominant. Run like the wind.
I posted in late feb/early march 2022 that this market was going to go down big. I said this because the signs were already showing that the Biden administration has no clue what it is doing. Typical of Democrats who are lifelong civil servants that have never held a REAL JOB in their lives, they manage the economy like they do the government which has unlimited money to spend without fiscal consequences. The rest of us live in the real world where our finances are subject to the individual decisions we make daily.
Say what you want about Trump, But the guy has operated in the real world all his life. He made his money before he got to the government. He understood economics and real world policy decisions and how they affect real people. Christ, He even donated his presidential salary. Biden has been a career politician his entire life. He has no concept of how the real world works let alone how policy decisions affect the economy. He has operated in the government vacuum his entire career.
We are where we are, and My feeling is the economy over the next 6 -12 months it is going to get worse. The only exceptions are if the Republicans sweep both the house and Senate and can act as a check on the Biden Administrations worst policies we may have a chance for a mild recession. We get Trump back into office in 2024, and better economic policies and the economy starts cooking again and inflation subsides.
Can you provide a historical analysis of stock market returns under democratic and republicans to show your theory is accurate
I could but I won't. Don't have the time to do the analysis and bedsides that is like looking in the rear view mirror. We have where we are today and where we have been in the recent past. Were you happier with the performance of your portfolio under Trump or do you enjoy the market performance under Biden?
Yeah Clinton and Obama crashed the stock market while W Bush had it go to the moon!😂
No you can’t
I don’t invest in the stock market with money I expect to use in a 2 year cycle so I am buying heavy right now.
But if you ask I liked Obama’s returns more
By the way which country do you feel handled inflation the best
Reset expectations for the next 24-months. We had plenty of time to see this taking shape and make adjustments.
So lower prices for the next 2 years? I don’t plan to need access to my stock investments for 15 years and some of it beyond that
Not advising. Just laying out a likely path ahead. As always, individual portfolios are planned/adjusted and assets allocated based on age, needs, risk tolerance, and more. But, yes, two years ahead will likely show a benefit to holding value and dividend blue bloods vs unprofitable techs and growth companies. By "value," though, I mean profitable companies with sound valuations and prospects. Not just "cheap" but marginally profitable companies. Energy and commodities are interesting, still. Looking again at very short-term Treasuries, too. At some point, transitioning to some growth will make sense. Just not now. For me.
Really? Oh do explain how windmills in 2035 won’t be producing a large percentage of energy needs in modern economies. It will take much longer to replace fossil fuels entirely for sure…especially in the developing world. Mike Bloomberg’s campaign goal of no coal for energy generation by 2030 in the US is very do-able (but won’t be done).
Railroad union votes to authorize strike that could hammer economy
A union representing rail workers has voted to reject a proposal from rail carriers and move forward with a strike that could cripple the U.S. economy.
I think they moved the deadline back and many other unions have settled. 8 have settled 4 are still negotiatingRailroad union votes to authorize strike that could hammer economy
A union representing rail workers has voted to reject a proposal from rail carriers and move forward with a strike that could cripple the U.S. economy.www.foxbusiness.com
One issue they want is the actual ability to use time off apparently it is difficult to actually use time off
Current Dem leaders have a curious taste for supply line crimps
Wouldn't be surprised if they gave the unions the idea
+1
Prepare for the rally and return of the bull in the next few months. Buy any new short-term lows. Inflation is crashing. Rent just turned negative last month.
What is your leading indicator for the rally? Or, is it just buy and hold and eventually it’ll be right?
For me it is just buy and hold until I reach my goal for that specific investment and then I move a certain amount to secure assets
I have a lot of cash (for me) and about the same amount of stock funds. I am buying into the total market stock fund with money I will probably never use now and also investing in a 529 for my granddaughter. Between the 2 about $5 to 7,500 a month.
Once I have invested $100,000 into the 529 I will most likely stop.
I am not sure what I will do with the stock funds I might just keep buying forever with the expectation that it will pass to my daughter and granddaughter
I also already have a pension, social security and other retirement accounts that cover all my expenses plus so this works for me
Sounds like an investment thesis for Green Hydrogen. Massive growth potential.
$100k of principle is where we stopped with our daughter. We look to be good for college and also 8 years of K-12 private school withdrawals.....which are capped at $10k per year.
I basically live off my pension and social security and if I spend over it, the overflow just reduces my checking account. I don’t really like to budget or tracking how much I spend. I haven’t reconciled my checking account for over 30 years. I am just trying to maximize my assets to pass along to my younger relatives. They don’t even care what the market is doing and they just continue to contribute into their 401k. Their income is a lot more than their parents and some of them spend extravagantly but they can afford it. My parent passed a couple millions to their kids, the kids, now 66-72 years old, will pass a couple millions, and so will their kids.
I think most of the posters on this thread are in similar situation.
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That would be a great alternative if they could make it work at scale. Much better than wind or solar IMO.
Using time off requires more workers to cover those hours, which gets us back to the labor shortage.
I also know in some unions guys just get paid for the days off upfront, so in order to take off, they need to sacrifice a days pay. So the workers may not want to take those days off. Not sure if this is the case with the rail unions.
My buddy is in the carpenters union in NYC, and it sounds like it's nothing like it used to be, where 2 guys were required to carry a single 2x4 or other stupid stuff like that. Because the unions have shrunk so much, and have to compete against non union companies, they need to be productive.
Which is not to say they don't get paid well, and don't get great benefits, nor do I refrain for busting his balls for being a union guy, but I don't think unions today are a drag on productivity or efficiency.
Green Hydrogen would work in conjunction with Wind or Solar. Wind and Solar produce the energy, hydrogen is the storage mechanism.
The competitor of Green Hydrogen is actually Battery storage.
ADBE down 14% off the news. $318 current stock price. Down more than 50% from its highs.
P/E at 4 year lows. Expected EPS growth over 10% yoy into 2023, near 20% for 2024. Both of these are certainly up for revisions, but ADBE does typically beat expectations.
2019 highs was around this level, Covid lows were around this level. Figure there is support here.
Just my own prediction - we are starting to come out of it in the stock market. Still at least two more months of residual economy pains. Reasoning?
- Railroad Strike averted as white house came to initial agreement. Worries of additional supply chain strain are alleviated.
- Many inflation and recession indicators lag by 2 to 3 periods. While it still looks bad on paper, things are getting better than in the summer months. Gas prices one such example.
- Basic economics tells us that during a recession, GDP and market contractions are a downward spiral for consumers. Higher costs=more strain on businesses=more unemployment and layoffs = less savings=less consumer spending. The easiest way to break out of a recession is for someone to start spending, usually the government. We have been seeing very high levels of government spending this year. All that money should start having effects.
- Average recessions result in 15-20% reduction in the overall market. We reached 19% down in June, and currently at 17% year to date. So yes, we are in a recession but we wont call it that until next year.
I use to trade ADBE but I wouldn’t touch it now unless PE is in the 20’s which is a long way to go. I always keep an eye on this stock thinking I’ll buy it soon.
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This is another of those GAAP vs Non GAAP situations and I very much dislike that E-Trade provides both without noting the distintion.
Noted P/E is 36x, but when I look at EPS the last 12 month's it is at $13 per share, which would put P/E in the mid 20's.
I figure by either metric the P/E is still very low compared to it's historical valuation.
Market doesn't appear to like it much either, but maybe this move is an overreaction?
Wow, down $64 today PE 30. I ‘ll buy a small increment 15 shares and continue to buy in increments, I just don’t think it’s at its low because the market will go lower. Long term, it will rebound.
