General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsName something that's going well right now
I'm seeking negatives everywhere I look. SOTU, markets, tariffs, Congressional investigations, deregulation .... Is global reset scrambling everything? Are we sliding to a lower level? I'm not seeing a counter-argument.
Greg_In_SF
(1,097 posts)in the markets that you don't like?
bucolic_frolic
(54,703 posts)The AI trade, including AI tech and tech in general, in particular faded. International held up well, that is true.
Greg_In_SF
(1,097 posts)major indices were up last week
ck4829
(37,578 posts)Greg_In_SF
(1,097 posts)nominal wages increased by 4.3%. The inflation rate during the same period was 2.4%.
ck4829
(37,578 posts)PORTLAND Ore. (KPTV) - 2,788 people were evicted in court in January, according to the Oregon Law Center (OLC). This is the highest number of evictions ever recorded in Oregon since the OLC started tracking this data five years ago.
https://www.kptv.com/2026/02/13/oregon-law-center-reports-record-high-evictions-january/
Atlanta has the most (eviction])filings of any site, city or state that we track right now," a research specialist at The Eviction Lab told the Chronicle.
https://www.bizjournals.com/atlanta/news/2026/02/13/atlanta-eviction-filings-surge-abnormal-highs.html
https://www.mainepublic.org/business-and-economy/2026-02-12/maines-eviction-prevention-program-has-run-out-of-funding-when-advocates-say-its-needed-most
And, bonus, if you work in vehicle repossession, you are also in a business that hasn't seen a boom like this in well over a decade!
Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo tactics have drawn the attention of Massachusetts Sen. Elizabeth Warren, who launched a probe into the auto lending industry on Wednesday, a Senate Banking Committee spokesperson told CNN.
The investigation is focused on illegal and mistaken repossessions, when cars are seized even if borrowers are current on their bills or have reached agreements with lenders.
Warren, a Democrat, sent letters to a dozen major industry players including Chase Auto, GM Financial, Toyota Financial Services and Ally Financial on Wednesday as part of the probe. She sought information on repo activity, error rates and practices.
https://www.cnn.com/2026/02/05/business/car-prices-repossession-elizabeth-warren
And I'm sure debt collectors are also doing well right now too. Golden Age!
Greg_In_SF
(1,097 posts)that have to do with the stock market....which is what we are talking about here?
ck4829
(37,578 posts)but I asked the OP specifically what he or she didn't like about the markets.
ck4829
(37,578 posts)Evictions
Foreclosures
The stock market
Car repos
So... Golden Age!
Happy Hoosier
(9,466 posts)Do you you actually trust those numbers? I don't. They are out of synch with peoples' actual experience. In particular, I think the inflation numbers are higher. Lots of experts I am listening to are saying due to the October data fuckery, inflation is more like 3.0-3.2% and wage growth is mostly concetrated at the top.
And the markets have been lackluster since the beginning of the year. Not really unexpected given teh tariff fuckery, but I think the economy is about to take a big sigh. We'll see.
ck4829
(37,578 posts)"We got 50% tariffs on coffee from Brazil, and we import about 35% of our coffee beans, unroasted, from Brazil," Lempert said. "... Yes, coffee's going to get more expensive."
He also says the U.S. should brace for shrinkflation when food and product manufacturers keep prices the same, but reduce the size of items, meaning consumers are ultimately paying more for the same amount.
A September 2024 analysis from Lending Tree found that about one-third of approximately 100 common consumer products had shrunk in size or servings since the start of the pandemic.
As an example, Lempert showed CBS News coffee bean packets in one grocery store in Santa Monica, California, that used to be sold in 16-ounce sizes, but are now 10.5 ounces.
https://www.aol.com/articles/rising-grocery-prices-could-lead-235754981.html
Greg_In_SF
(1,097 posts)that you think CNBC is giving us fake numbers?
ck4829
(37,578 posts)didn't answer my question. Again, do you think CNBC is being dishonest?
C_U_L8R
(49,200 posts)Oh wait. Nevermind.
sop
(18,143 posts)murielm99
(32,874 posts)doc03
(38,974 posts)The DOW is up over 1000 points year-to-date
DFW
(59,945 posts)When Cheney and Bush wrecked the stock market, and the Dow was at 7800, I converted to a Roth IRA. I paid all taxes due at that point, which under the Roth rules, meant that after that point, if the value of whatever stock I had in there went down, too bad for me (could not deduct any losses), and if the value went up, good for me (no tax on the gain from that point on). I figured that with the Republicans gone, it could only get better, so I made the conversion. Well, we all know what the stock market did since then, but unfortunately, the Double Taxation Treaty between Germany and the USA never covered Roth IRAs, so even though I paid all taxes due back then, now the Germans still want half of any cent that I take out of it, and they don't give a rat's ass that I already paid full taxes on it (while I was still a legal resident of the USA no less!). I will not submit to a double taxation--even the German Constitution forbids double taxation (seems a former German government did that about 90 years ago with a select portion of the population, and they wanted to avoid a repeat). But in true Trump fashion, they don't care about what their Constitution says, they just want to take money and give nothing in return.
Heil Honecker!
I will give it away to Cancer research in the USA before I let some SED-wannabe think he's some reincarnation of Johann Ludwig Graf Schwerin von Krosigk. By the way, I did discuss this with Mark Kelly last Friday, and he said it is probably time to finally do something about the double taxation, or at least introduce a bill bringing the USA in line with the rest of the world, since we are the ONLY country left (besides Eritrea) in the world that does NOT recognize residence-based taxation.
ck4829
(37,578 posts)MiHale
(12,843 posts)One day closer to spring. One day closer to November.
Goonch
(4,544 posts)
Johonny
(25,851 posts)Most presidents ride the wave of good vibes from the Olympics. Trump clearly not able to produce good vibes.
Jilly_in_VA
(14,202 posts)I was so warmed by our "Blade Angels", especially Alysa Liu and Amber Glenn and the genuine love and concern they had for other skaters. Alysa's heartfelt embrace of the third-place skater, and Amber shielding Kaori Sakamoto from the cameras while she cried and regained her composure are things I will never forget. These types of things did not used to happen when there were Russian skaters on the ice. They happened on the men's side too, apparently, just not so openly, but Ilia Malinin and Mikhail Shaikhodorov are quite friendly.
dalton99a
(93,210 posts)ck4829
(37,578 posts)PORTLAND Ore. (KPTV) - 2,788 people were evicted in court in January, according to the Oregon Law Center (OLC). This is the highest number of evictions ever recorded in Oregon since the OLC started tracking this data five years ago.
https://www.kptv.com/2026/02/13/oregon-law-center-reports-record-high-evictions-january/
Atlanta has the most (eviction])filings of any site, city or state that we track right now," a research specialist at The Eviction Lab told the Chronicle.
https://www.bizjournals.com/atlanta/news/2026/02/13/atlanta-eviction-filings-surge-abnormal-highs.html
https://www.mainepublic.org/business-and-economy/2026-02-12/maines-eviction-prevention-program-has-run-out-of-funding-when-advocates-say-its-needed-most
And, bonus, if you work in vehicle repossession, you are also in a business that hasn't seen a boom like this in well over a decade!
Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo tactics have drawn the attention of Massachusetts Sen. Elizabeth Warren, who launched a probe into the auto lending industry on Wednesday, a Senate Banking Committee spokesperson told CNN.
The investigation is focused on illegal and mistaken repossessions, when cars are seized even if borrowers are current on their bills or have reached agreements with lenders.
Warren, a Democrat, sent letters to a dozen major industry players including Chase Auto, GM Financial, Toyota Financial Services and Ally Financial on Wednesday as part of the probe. She sought information on repo activity, error rates and practices.
https://www.cnn.com/2026/02/05/business/car-prices-repossession-elizabeth-warren
And I'm sure debt collectors are also doing well right now too. Golden Age!
Fiendish Thingy
(22,644 posts)That Dems will retake the house is a given, but the odds are improving daily that we will retake the senate as well.
DFW
(59,945 posts)Don't forget, all this Republican "anti-kommanism" is a pure lie, a fantasy. They are last and most fervent Stalinists.
"Those who cast the votes decide nothing. Those who count the votes decode everything."--attributed to Soviet dictator Josef Stalin.
Emile
(41,660 posts)the past 13 months.
Trump sucks!
Intractable
(1,839 posts)Publix and other major supermarket chains have become too expensive for me.
MineralMan
(150,990 posts)multigraincracker
(37,286 posts)Bob Dylan. April 3rd.
Can cross that off my bucket list.