I wish the markets would slow down a little, it has me a little worried too. Its beat every high end outlook. Retired and probably do my first 7 figure income this year. No bills really. Not spendy. Not flashyI only learned finance, dealing with economics from running 50 to 70 million dollar concrete jobs for a billionaire. Theres always a guy sitting in a uber that wants to drive the bus. Talk is cheap.LOL, that twat just showed up and doesn't think I can read a 10k.
We're about to find out what these trucks are worth. There's dealers with 23s, 24s, and 25s on the lot right now. There's discounts of 10k on Silverados already and we're not even close to the end of the year. Arm a video with a lot full of $125k Lincoln Navigator's. They'll have to discount them $30k to even get someone on a test drive.
I can guarantee shortly they are gonna be slowing production to maintain their margins. That means job losses, which means recession. Rinse and repeat!
The Fed just signaled interest rate reductions and the market went to the upside. It fails to account for the underlying data, which is slow growth and mounting job losses.
We'll see if Junior can keep up here, but I'm guessing he'll go back to working on his discount online MBA.
![Grinning face :grinning: 😀](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f600.png)
I can really afford to have anything I need. I guess Im just thrifty.
![Grinning face :grinning: 😀](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f600.png)