The Economy Thread III: Not Actual Advice And You Shouldn't Lie To Investors

[Zetanio]

https://www.reddit.com/r/wallstreetb...on_the_market/

Is this tl;dr accurate?

no

guys the market is doing the green and up to the right thing again. the people on the tv said it was gonna be even worse.

guys?

[Zetanio]

i interviewed with someone at one of the big 3 fund providers yesterday at like 9:30am and it was hilarious to talk to them while "the world fell apart". they were old enough to remember the end of the dot com cycle and the great recession so we were making funny haha jokes while hedge funds ate acres of shit.

pigs get slaughtered, never get lost in the greed.

[Zetanio]

could you imagine being in a 3x NVDA levered ETP yesterday? you prolly lost 70%

omg lol

[Zetanio]

The Sahm rule, named for economist Claudia Sahm:



She devised this as one of the earliest recession indicators, with the desire for a set of macroeconomic stabilizers to kick in if triggered, warding off the (otherwise extremely likely) recession.

We haven't implemented her idea though.

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https://www.bloomberg.com/opinion/ar...ahm-isn-t-sold

[Mayareira]

Well, the stock market has predicted 9 of the last 5 recessions so...

[6souls]

https://twitter.com/shinobi602/statu...17431047524862
https://variety.com/2024/tv/news/par...ts-1236105340/

All content in production is being transferred to CBS Studios.

Paramount Television Studios helped boost the movie studio, which aimed to find ways to make programs tied to its many famous films, including the Jack Ryan spy movies or “The Godfather.” With more newly launched streamers hungry for content, the operating theory was that the new studio could help Paramount strike alliances with a bevy of new broadband players hungry for content.

Under its aegis, the company produced “The Offer,” an insider tale of the making of the landmark movie, for Paramount+; and series based on Tom Clancy’s Jack Ryan character for Amazon Prime Video. Other series it produced include “The Spiderwick Chronicles for Roku and a revival of the Terry Gilliam movie “Time Bandits” that is now a series on Apple’s streaming service.

https://deadline.com/2024/08/paramou...wn-1236038486/

Deadline reporting that their streaming service, Paramount+, will be hit with layoffs in September.

[Zetanio]

good, their platform fucking sucks and they are shit at content.

[Tyrath]

good, their platform fucking sucks and they are shit at content.

All I care about is Champions League. Can someone else please pick it up so I can unsubscribe full time

[Zetanio]

All I care about is Champions League. Can someone else please pick it up so I can unsubscribe full time

would be nice, they also have the EFL contract now too. coverage is garbo.

[archibaldcrane]

https://twitter.com/JustinWolfers/st...01FHMTLfA&s=19

https://twitter.com/jmhorp/status/18...5meCUU6Fg&s=19

Can't fix shelter inflation with high rates. Now that it's the only thing keeping inflation out of the negative, we need cuts...

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[6souls]

https://twitter.com/MorePerfectUS/st...75818236186956

[Zetanio]

they are, indeed, terrible.

[Roranora]

had an appt to shop homeowners insurance this morning and the broker said nothing else is cheaper. coolcoolcool

annual premium is now $4700, up another ~$800 year-to-year; i think we broke insurance

[synistar]

So when is the next housing crash to reset the market and lower insurance rates and property taxes, and everything broken with trying to buy a home if you're on the outside looking in?

[Roranora]

i dunno but you can move in with us; we've got a room available and you get the place to yourself when i travel for work

[Zetanio]

had an appt to shop homeowners insurance this morning and the broker said nothing else is cheaper. coolcoolcool

annual premium is now $4700, up another ~$800 year-to-year; i think we broke insurance

we broke the world. costs more to rebuild shit more frequently, esp when you don't keep it up.

[archibaldcrane]

https://twitter.com/byHeatherLong/st...vAJ4ZM0ww&s=19

Hope it's not too late

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[Zetanio]

certainly doesn't seem like it.

[archibaldcrane]

https://twitter.com/jasonfurman/stat...nbPJz97kQ&s=19

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[Zetanio]

so the economy is... good?