Nick Toth @tothcreative
Love studying the economy, world history, gold miners and happiness. Toronto Joined September 2009-
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@DiMartinoBooth I don't think it's a fait acomplit. There's also a lot of downward pressure on the dollar, and the dollar direction is key to the argument.
@CEOTechnician I think the Chinese are too busy at home with their money right now in any case.
@DonDurrett Especially noticeable about the chart is the scale chosen. No exaggeration here, that's a big drop.
As a rule, bank profits increase from rising rates, but it's barely being talked about.
@DonDurrett The dividend of $0.0057 per share... there must be some people with a lot of shares out there!
@prestprop You're so right. We're just at the beginning of this office space situation, it's huge, and it's hardly being talked about. The pressure to convert will grow.
@duediligenceguy That very much looks different. Even looks like it tried to go down and failed.
@dailydirtnap I think a recession will have companies continuing to unload the floor space expense.
@DonDurrett I know which way I want it to break :)
@SRSroccoReport @profitsplusid Trading it is. A hard lesson to learn. But even in relative terms some are doing very well.
Whatever Powell says tomorrow seems less important than it used to be. He'll just repeat everything already said by everyone else. 0, 25, 50 basis points matters not much in the scheme of things, though the market may react.
@dailydirtnap Already devolved. But joined at the hip with slow surgery to remove that. By the time they figure how to, they'll realize they don't want to be completely separate, and can't actually be happy that way.
I think about my mom living through WWII. You don't realize the gravity of the situation until later. How will history write about our current situation?
@DonDurrett A stable coin based on a basket may have two editions. East and West.
@shawnmicallef read your Star article. Even you are sucked in by the real estate industry? We do not have a supply problem. We have an asset appreciation problem. Also, the idiotic way these high rises have been built is a more serious issue than you allude to.
@hendry_hugh I guess that makes you the father.
@dailydirtnap And they can't argue that a higher rate encourages prudent use. Which I'm sure they have.
@dailydirtnap Or how about he is just an amazing human being that did what was needed when he was in charge, knowing he might lose the next election because of it?
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