ConnorEl
Well-known member
So when the big meeting today produces nothing (probably)…markets gonna start tanking…?
We'll probably just jump around the 3900-4100 range we've been in for eternity. I expect we'll get a deal done but it will be chaos until it happens.So when the big meeting today produces nothing (probably)…markets gonna start tanking…?
Didn't we see this same movie in reverse a few years ago. Trump demanding the clean raise and the dems demanding and getting concessions. Suspect they figure it out. From a pure negotiating standpoint the GOP played it pretty well. Held spending to 2022 levels more or less in what they passed. Hard for Biden to claim they are holding him hostage. Hence the concessions we've already seen. I bet they all figure it out.I put some cash a few days ago into treasuries that mature about June 6th. Less that 30 days. Earning ~ 5.4%.
I guess I believe.
Which one? NVDA? No. Their crypto exposure is more of a thing of the past... They are balls deep in AI.stock up on crypto?
The OVER in an ACC baseball tournament game.Someone asked me what you should do if you were expecting a one time lump sum. Besides hookers and cocaine, any other thoughts?
Someone asked me what you should do if you were expecting a one time lump sum. Besides hookers and cocaine, any other thoughts?
If they have outstanding charitable pledges or generally are charitably inclined, they could pre-fund their giving for a number of years (either directly or into a donor advised fund) to get a more valuable charitable deduction this year.I think they are expecting 3 to 5 times their annual salary. I suppose that could get close to a million on the upper end, but I do not know.
They have one car payment, but it is like a .5% interest rate. They have student loans but I would probably pay as little as possible on those with forgiveness a possibility. I think that is it for non-mortgage debt.
I said to hit the max on 401(k) since they won’t need the cash and that would help with the tax hit, but that is not going to help much.
I think they are expecting 3 to 5 times their annual salary. I suppose that could get close to a million on the upper end, but I do not know.
They have one car payment, but it is like a .5% interest rate. They have student loans but I would probably pay as little as possible on those with forgiveness a possibility. I think that is it for non-mortgage debt.
I said to hit the max on 401(k) since they won’t need the cash and that would help with the tax hit, but that is not going to help much.
Meh - Nvidia go brrrrrrrrrrr.Assuming the bill passes both houses the next thing for markets to absorb is the issuance of like another trillion worth of TBills/TBonds. Can't help market liquidity over the next several months.
Yeah, maybe in the short term. Definitely like it longer term. I'm just struggling to grasp how far forward it is already priced. My broader point is outside of ten or so stocks the market has been treading water for a while. And the dollar is strengthening and will strengthen further for a while most likely (generally bad for equities more broadly).Meh - Nvidia go brrrrrrrrrrr.