Money Investing megathread extravaganza - Page 806

**DaFace** · 06:35 PM

A place to talk about investing stuff.

**Rain Man** · 12-30-2021, 01:29 PM

Quote:

Originally Posted by Iconic

Retail is gonna get rekt so bad. A crash is basically inevitable this year.

Why do you think that? It's a boom time for younger workers who are more likely to have kids and who are still in acquisition mode on household goods. I would think that portends growth in retail over the next several months.

Iconic · 12-30-2021, 01:59 PM

Quote:

Originally Posted by Rain Man

Why do you think that? It's a boom time for younger workers who are more likely to have kids and who are still in acquisition mode on household goods. I would think that portends growth in retail over the next several months.

IMO over leveraged economy. Credit cards are being maxed out, savings accounts dwindled, the wealth effect tells us that consumers spend more as asset prices rise. Well asset prices have risen, but only because of this toxic hyperinflationary environment created by the fed. They are now trying to fight the very monster they created through raising interest rates and tapering. When they do this, borrowing becomes harder, liquidity removed from the market, and hence the 'crash'.

Put simple, we are ****ed and the entire economy is in for necessary and serious correction. Not to mention Covid, Russia, and China fear plaguing 2022. It's a bad time to be a buyer right now. Pretty much everything is over priced.

scho63 · 12-30-2021, 02:06 PM

Quote:

Originally Posted by Iconic

IMO over leveraged economy. Credit cards are being maxed out, savings accounts dwindled,

You couldn't be more wrong about this.

It's just the opposite.

scho63 · 12-30-2021, 02:07 PM

The inflation part is the great unknown.

That would be a depresser on things.

Iconic · 12-30-2021, 02:26 PM

Quote:

Originally Posted by scho63

You couldn't be more wrong about this.

It's just the opposite.

Stimuluses are gone, child tax credits are gone.

Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings.
https://fred.stlouisfed.org/series/PSAVERT

Credit card debt is surging higher.
https://www.cnbc.com/2021/12/27/holi...card-debt.html

Retail won't be able to buy these toppy dips forever.

**Rain Man** · 12-30-2021, 02:34 PM

Quote:

Originally Posted by scho63

The inflation part is the great unknown.

That would be a depresser on things.

Inflation is my biggest concern. I don't see it slowing down as fast as we're hearing, because wages are going up and production and shipping costs are going up and people have more money to spend.

I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think?

**Rain Man** · 12-30-2021, 02:39 PM

Quote:

Originally Posted by Iconic

Stimuluses are gone, child tax credits are gone.

Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings.
https://fred.stlouisfed.org/series/PSAVERT

Credit card debt is surging higher.
https://www.cnbc.com/2021/12/27/holi...card-debt.html

Retail won't be able to buy these toppy dips forever.

That doesn't look bad to me. Savings rates have basically returned to normal, and credit card balances are moving back up after being paid down last year.

In the big picture that's not as good as the situation last year where people were saving and paying down debt, but it's just moving back to historic norms based on what I'm reading.

eDave · 12-30-2021, 02:51 PM

Nobody knows shit about ****.

**Rain Man** · 12-30-2021, 02:53 PM

Quote:

Originally Posted by eDave

Nobody knows shit about ****.

Well, yeah. I mostly just guess.

scho63 · 12-30-2021, 03:06 PM

Quote:

Originally Posted by eDave

Nobody knows shit about ****.

I know all about shit.

**lewdog** · 12-30-2021, 03:10 PM

They’ve been predicting a crash and long bear market for 5 years now. Yawn.

Hog's Gone Fishin · 12-30-2021, 04:20 PM

Quote:

Originally Posted by scho63

I know all about shit.

Yeah , well I raised Hogs for 30 years. I know more about shit than anyone.

Peter Gibbons · 12-30-2021, 04:43 PM

Quote:

Originally Posted by Hog's Gone Fishin

Yeah , well I raised Hogs for 30 years. I know more about shit than anyone.

Is sort of a funny thing that while we’ve had a long discussion of Skyline chili in another thread this week, never once did it come up that it is one of the fastest ways I know to relive constipation. Seriosuly, you must drive home from the restaurant if you’re over the age of 25 if you know what is good for you. I guess this just further adds to the shit you know.

scho63 · 12-31-2021, 09:55 AM

I'm liking Tilray here.

Good for a pop after all this tax selling.

Think it goes back to $10-12 in first months

**Buehler445** · 12-31-2021, 10:04 AM

Quote:

Originally Posted by scho63

I'm liking Tilray here.

Good for a pop after all this tax selling.

Think it goes back to $10-12 in first months

That looks interesting. They need to show some income, and the additional stock issuance is not great, but surely the downside is about out.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $-1623101	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 53,113

12-30-2021, 02:07 PM	#12079
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $-680000	The inflation part is the great unknown. That would be a depresser on things. __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 54,896

12-30-2021, 02:51 PM	#12083
eDave Banned Join Date: Jan 2013 Casino cash: $9998560	Nobody knows shit about ****.
Posts: 53,803	2 0

12-30-2021, 03:10 PM	#12086
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1328100	They’ve been predicting a crash and long bear market for 5 years now. Yawn.
Posts: 46,293

12-31-2021, 09:55 AM	#12089
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $-680000	I'm liking Tilray here. Good for a pop after all this tax selling. Think it goes back to $10-12 in first months __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 54,896