Home › Forums › Financial Markets/Economics › Recession 2020
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FlyerInHi.
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December 6, 2019 at 8:39 PM #814131December 6, 2019 at 9:13 PM #814132
FlyerInHi
GuestFlu, I was understanding that your doing well is all that matters. So what’s the purpose of listing why you think the middle class is “fvcked” in California? Does it mean that economy is doing badly for them? How does the California economy relate to the American economy? California must be doing better since you’re so smart and you’re here, right?
Remember, the topic is the economy, not how you’re faring.
You are the one swearing using the word “fvcked.”
December 6, 2019 at 9:19 PM #814133Guest[quote=The-Shoveler]Saying you want to implement nation wide rent-control does not really gain you a lot of support from property owners.
Or anyone not wanting to live in government housing projects.[/quote]
If only those who own property could vote.
December 7, 2019 at 7:51 AM #814136
CoronitaParticipant[quote=PCinSD][quote=flu][quote=PCinSD][quote=FlyerInHi]Flu, unprompted, out of nowhere, you bitch about California much. Remember “love it or leave it.”
If anyone bitched that much about the USA, you may say “don’t let the door hit you in the ass on the way out.”[/quote]
You should cry more.[/quote]Lol. I didn’t even see what Brian said until you quoted it.
But it’s funny. I’m not at all complaining of all these changes in CA because none of these changes are affecting me personally. It’s what I hear at at the malls or the stores or waiting in line, whether it’s the cashier complaining about how his/her hours have been cut by his employer to keep them even more part time, to some of them complaining they can’t find a place to live anywhere nearby because landlords have a $100k income requirement to rent a 1/1. To people complaining at the pumps about the high gas prices, while as my Valero stock (VLO) has done also very well on my account and my kids custodian account, bought at $25/share a few years ago. Nice dividend too. So I’m not sure why Brian thinks I am complaining, because financially things have been great for me.One thing I did notice. Brian seems to have started swearing more on piggington. You mad, bro?[/quote]
He does appear to be quite upset. Who knew pilots living in Waikiki are such crybabies.[/quote]Well, as suggested, I didn’t graduate from high school. I’m sure he’s much more of a refined intellectual prowess with advanced studies and definitely very worldly…I’m just a country bumpkin..But I sure saved a lot of money by being dumb and still getting roughly the same results, ok admittedly maybe better results. So, stupid is stupid does…. Because obviously, its deplorable, just deplorable! Now if I could just find my deplorable make america great outfit that I wore the last time I left my farm to meet Bubba and one tooth Jenny at the bar, by taking my horse to the Ole Town Road. I was gonna ride till I can’t no more.
December 7, 2019 at 8:29 AM #814137GuestFlu, on the topic of the economy, you went from bragging how great you’re doing, to accusing people who discuss the economy of having an anti Trump agenda, to ranting about AOC and Democrats, to ranting about California, to bragging again about how great your finances are, and another rant about deplorables and how much money you saved. It’s always all about you and your money.
BTW, you like horses, the Nationlal Finals Rodeo is in Vegas now. I went last night. The riders are svelte and energetic.
December 7, 2019 at 8:40 AM #814139GuestPC, I am currently in Vegas. You know, Vegas is Hawaii’s 9th island, Just a little factoid about real estate.
December 7, 2019 at 9:58 AM #814140
svelteParticipant[quote=FlyerInHi]PC, I am currently in Vegas. You know, Vegas is Hawaii’s 9th island, Just a little factoid about real estate.[/quote]
Except for the climate, the vegetation, the water, the surf, and the native culture.
December 17, 2019 at 5:55 AM #814170December 27, 2019 at 4:21 AM #814229CoronitaParticipantAmazon record holiday sales.
Ho ho ho.
https://finance.yahoo.com/m/27caa577-6e87-372d-bfbc-2b2d95471638/amazon-claims-record-holiday.html
I don’t know, but I think the market sentiments have changed. People feel they have more money, regardless of whether they actually do. Seeing an uptick in their 401ks, etc, probably has some positive psychological influences to get people to spend.
2019 certainly is ending with a lot of fireworks… Congrats everyone, with a stellar 2019 market close.
January 16, 2020 at 5:31 AM #814327CoronitaParticipantSo… Remember I mentioned trends in the semiconductor industry were good hints and indicator to the health of the tech industry. And remember I mentioned Taiwan Semiconductor was a good indicator of the health of semiconductor industry, because TSMC is responsible for more than 1/2 of the world’s semiconductor fab, and if TSMC’s 7nm production is at fully capacity, it suggests there’s no slowdown in tech, considering TSMC’s major customers are Apple, Qualcomm, AMD, MediaTek , Huawei, and others and if there was a slowdown in the demand for consumer electronics, TSMC would be the first to feel with less demand for its capacity?
Let’s play connect the dots…Guess what?
https://finance.yahoo.com/news/apple-chipmaker-tsmc-profit-bigger-054229060.html
Chipmaker TSMC’s Profit Bigger Than Expected(Bloomberg) — Taiwan Semiconductor Manufacturing Co. projected quarterly revenue well above analysts’ estimates, underscoring hopes that the rollout of fifth-generation enabled smartphones in 2020 will galvanize growth for Apple Inc.’s main chipmaker.
TSMC forecast revenue of $10.2 billion to $10.3 billion in the March quarter, surpassing estimates for $9.6 billion. Taiwan’s largest company also posted a fourth-quarter profit that beat the highest analyst’s estimate after customers from Apple to Huawei Technologies Co. adopted more advanced semiconductors in smartphones.
The robust results demonstrate how the world’s largest contract chipmaker is investing in technology to safeguard its market lead over Samsung Electronics Co. and Intel Corp. TSMC spent almost $15 billion on technology and capacity in 2019 and is prepared to shell out as much as $16 billion this year, anticipating the advent of fifth-generation smartphones. The company, a barometer for the tech industry thanks to its heft and place in the supply chain, has said the advent of 5G will result in more chips in devices than before.
Strong sales may extend to 1H off-peak periods, as many of TSMC’s customers such as Huawei, Qualcomm and Mediatek are quickening their pace of adopting cutting-edge processes to prepare for the launch of 5G mobile devices.
There doesn’t appear to be a slowdown in semi-land at all. And as others were already writing about , TSMC is running full capacity, and there hasn’t been a reduction in demand from
a consumer electronics perspective.Told ya!
Oh and since Apple will be moving from 7nm to TSM’s 5nm node and Huawei might reduce their capacity due to the state Huawei is in, some might think TSM will have a lot excess and unused capacity in 7nm ….Don’t worry… Much of the extra 7nm capacity that would be then available is already reserved by AMD….
https://www.tomshardware.com/news/amd-to-become-tsmcs-largest-7nm-customer-in-2020-report
AMD to Become TSMC’s Largest 7nm Customer In 2020AMD will become TSMC’s largest 7nm customer in the second half of 2020, according to Apple Daily’s supply chain sources. The change of order comes as a result of higher orders from AMD and Apple moving to 5nm for its A14.
Apple Daily reports that TSMC’s 7nm wafer capacity will be 110,000 wafer starts per month (WPM) in the first half of 2020. TSMC’s Top 5 would consist of Apple, HiSilicon (who is starting to ship to external customers), Qualcomm, AMD and MediaTek.
In the second half of the year, TSMC’s capacity would increase to 140,000 WPM and AMD’s orders would double (although it was not specified compared to which period). With that, AMD would become TSMC’s largest 7nm customer as Apple moves to 5nm. This also implies that AMD would jump over HiSilicon and Qualcomm.
what slowdown?
January 16, 2020 at 6:19 AM #814328The-Shoveler
Participant“what slow down”,
Some analysts are predicting the next decade will be the roaring 20’s.
Given the Demographics I could see that for the USA.
We will see I guess LOL.
January 16, 2020 at 7:31 AM #814330CoronitaParticipantI’m not sure but I think the younger folks have sure gotten use to spending $1000 for a new iPhone every 2 years.
I have a colleague 15 years younger that’s switched cars 3 times over 5 months.
It’s all good . He does pretty well. More power to him. Theres nothing wrong with enjoying life a bit.
And they seem to be on top of finances too. They were the ones telling me about Robinhood and saying Schwab was old school(that was before schwab dropped commissions).
One of these days, I’m going to get “ok Boomer”-ed by them.
January 16, 2020 at 9:14 AM #814331GuestFlu, you’re the perpetual optimist. I’m sure during the period prior to the Great Recession, you said that people will always pay their mortgage, blah, blah. Just because you survived and thrived does not mean that the Great Recession did not happen and affected many lives. Again, it’s not all about you.
What gets me is that people who used to bitch about government spending and debt are all silent now. I guess we have proven that spending doesn’t matter and we should have spent more to boost economic growth.
January 16, 2020 at 11:44 AM #814334PCinSD
Guest[quote=FlyerInHi]Flu, you’re the perpetual optimist. I’m sure during the period prior to the Great Recession, you said that people will always pay their mortgage, blah, blah. Just because you survived and thrived does not mean that the Great Recession did not happen and affected many lives. Again, it’s not all about you.
What gets me is that people who used to bitch about government spending and debt are all silent now. I guess we have proven that spending doesn’t matter and we should have spent more to boost economic growth.[/quote]
“Nobody gives a shit” what you’re crying about.January 16, 2020 at 12:18 PM #814335CoronitaParticipant[quote=PCinSD][quote=FlyerInHi]Flu, you’re the perpetual optimist. I’m sure during the period prior to the Great Recession, you said that people will always pay their mortgage, blah, blah. Just because you survived and thrived does not mean that the Great Recession did not happen and affected many lives. Again, it’s not all about you.
What gets me is that people who used to bitch about government spending and debt are all silent now. I guess we have proven that spending doesn’t matter and we should have spent more to boost economic growth.[/quote]
“Nobody gives a shit” what you’re crying about.[/quote]I don’t know what is there to be all upset about. The economy is doing well, people seem to be spending , companies are bring in record profits, the world hasn’t blown up yet, trade talks are settled for now, Iran escalation didn’t happen (partly because Iran shot down a commercial airline and killed a bunch of people in the process ). In general ,people seem to be doing financially better. There’s no reason to believe things are going bad in 2020…Or maybe that’s the thing. Some people want to see misery, failure, suffering of others to make themselves feel better so others can experience what they feel all the time. Kinda sad imho.
Oh well. Dow up 200+ points whoo hoo!!!
Who cares…
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