My buddy's mom, an 86 yo dowager isn't leaving, along with her brother. He sent his wife and kid up and out, but is staying on the barrier isles with them. Some fucking big $ high rise on the coast. I told him he is now number 1 on my dead pool.
https://seekingalpha.com/article/4094229-snb-18-million-apple-shares-plunging-swissie
I have read his SA stuff. Here's this. Can't say it's a bad investment, but how many other banks play this game instead of lending.
Rents Across The US Hit A New All Time High | Zero Hedge
Think here you are seeing the end effect of QE. Notice homeownership spiking last decade, forcing prices to records, then collapsing. Now record low onwership and record rents. Record levels of younger adults living at home or renting...
Companies are accelerating a trend that usually shows up when recession is around the corner
BoAML says there are more 'zombie' companies in Europe now than pre-Lehman times
Who knows. A cronie and I were chatting about this yesterday, hard to imagine them stepping away from the crack pipe for...
Haha, who's calling a top? I lived through multiple expansions greater than this. But still.
Shiller PE Ratio
"Those who cannot remember the past are condemned to repeat."
Either way, good luck.
It used to be Maytag, but they bought out a cheapie competitor and used their parts, years ago. Now they make them to breakdown. Don't pay up for all the electronic doodads, get a heavy duty basic model.