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Jysin

Jysin

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**ECONOMIC FORECAST (central tendency):
GDP:
- Cuts 2022 GDP 1.5-1.9% (prior 2.5-3.0%)
- Cuts 2023 GDP 1.3-2.0% (prior 2.1-2.5%)
- Cuts midpoint 2024 GDP 1.5-2.0% (prior 1.8-2.0%)
- Affirms longer run GDP 1.8-2.0% (prior 1.8-2.0%)
 
Sanrith Descartes

Sanrith Descartes

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I know very few of you are looking to go long right now, but I am keeping a close eye on BLK. Yes they are evil. And that is kind of a problem. But they make a fuckton of money and have only a small handful of competitors in the space. Solid PE, Great EPS and as an added bonus pays a solid dividend.

1655316909556.png
 
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Sanrith Descartes

Sanrith Descartes

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Jysin said:
**ECONOMIC FORECAST (central tendency): GDP:
- Cuts 2022 GDP 1.5-1.9% (prior 2.5-3.0%)
- Cuts 2023 GDP 1.3-2.0% (prior 2.1-2.5%)
- Cuts midpoint 2024 GDP 1.5-2.0% (prior 1.8-2.0%)
- Affirms longer run GDP 1.8-2.0% (prior 1.8-2.0%)
Click to expand...
So they are predicting barely over 1% annual growth for the next 2-3 years. Nice.
 
Mist

Mist

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Sanrith Descartes said:
I know very few of you are looking to go long right now, but I am keeping a close eye on BLK. Yes they are evil. And that is kind of a problem. But they make a fuckton of money and have only a small handful of competitors in the space. Solid PE, Great EPS and as an added bonus pays a solid dividend.

View attachment 417321
Click to expand...
Evil is a pretty good business model.
 
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Onoes

Onoes

Trakanon Raider
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Mist said:
Exactly. I remember paying ~3.80 in RI for gas during Bush2Term2 two summers in a row while the job market was doing poorly nationally and terribly locally.

The fact that people still somehow have cash in their pockets after paying food and gas expenses is why these prices won't come down. In many ways I'm surprised gas prices aren't higher than they are, at least locally.
Click to expand...

Yeah, I commute over 100 miles a day, and the wife is having to commute about the same for school. We both drive 30+ MPG cars and according to my bank, I paid $770 in gas last month alone. Neither one of us has an option to reduce that, it is what it is. I bet I'll edge up on $1000 this month with the direction gas is going. Ouch.
 
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Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Sanrith Descartes said:
I know very few of you are looking to go long right now, but I am keeping a close eye on BLK. Yes they are evil. And that is kind of a problem. But they make a fuckton of money and have only a small handful of competitors in the space. Solid PE, Great EPS and as an added bonus pays a solid dividend.

View attachment 417321
Click to expand...

I like them so much that I pulled my money out of crypto and stock market and started copying their business model.
 
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Kirun

Kirun

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For the first time in my life, I'm strongly considering investing in foreign currency..
 
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Furry

Furry

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Kirun said:
For the first time in my life, I'm strongly considering investing in foreign currency..
Click to expand...
I'd dump all my money into rubles if I could. I would have done it back at the end of february. Shits all gay and it just isn't practicable.
 
Sanrith Descartes

Sanrith Descartes

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Furry said:
I'd dump all my money into rubles if I could. I would have done it back at the end of february. Shits all gay and it just isn't practicable.
Click to expand...
Naw, I am saving my cash to buy javelins on the black market for 1776 v2
 
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Araysar

Loser Araysar

Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Furry said:
Putin needs to stop destroying our economy. Doesn't he remember he's just nigeria with snow?
Click to expand...

LMAO, who was the smooth brain who kept telling us Russia was just Nigeria with Snow
 
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