Everyone is silly, especially me. Maker of bad puns. Hobby musician. I love music, games and the objective truth. Sometimes follow contrarian indicators.
Is BioWare's upcoming Anthem game going to suffer from the same atrocious inventory systems and poor UIs that the latest Mass Effect and Dragon Age games did? I hope not, but I would not be surprised, considering the engine EA has them using.
@yonann What I want to know is why they seemingly did not agree on how to handle financial issues before moving in together. Foolish to leave it until now
@TorricoAparicio@PeterSchiff Calling out bad investments and wrong ideas is good if it helps people avoid disaster. As to Adam or other people he comments on, that would depend on whether or not he is right. It's generally not my style, so I understand if it bothers you.
@RossDurane@TaviCosta On the contrary, I look at what people do rather than what they say.
Trump needs lower interest rates to fake a better economy before mid-term elections and has shown no interest in fixing the real problems.
Warsh being hawkish is just empty talk to fool the markets.
@LiLivoj2@PeterSchiff And up over 100% from three years ago. He has been telling people to buy gold for decades, of course some people will happen to buy into a temporary dip.
@IndiPolitical@DefiWimar While it's true that valuations are driven by inflation, most of it is still stuck in the real estate and stock markets. These overvalued tech stocks are almost all 1) inherently unprofitable companies without viable business plans or 2) companies making bank off of the former
@RossDurane@TaviCosta Why?
Trump appointed Warsh after complaining that Powell would not lower rates.
Are you really expecting Warsh to turn around and raise rates to the point where most/all federal tax revenue (already 20-30% of tax revenue) goes to just paying interest?
@options_formula@TaviCosta If you annualise the April numbers, it would be closer to $1.6 trillion in interest. Add in maturing debt that probably gets rolled over at higher rates and we could get near $2 trillion rather soon
@AuAgFunds Important to keep in mind that rate hikes mainly hurt gold when they push towards tight monetary policy. The US monetary policy is still so loose that minor rate hikes are not much of a factor.
@IanCutress It's probably a PR stunt more than anything, meant to keep Nvidia's stock price going up and convince (foolish) investors that the bubble isn't imploding anytime soon.
@IanCutress Pretty sure they have to if they want to keep up the appearance of anyone caring. Personally, I can't wait to see the bubble implode as all bubbles do.
@GamersNexus Steve, I do appreciate your work but the homeownership decline is not some conspiracy. It's just a natural correction down to more sustainable levels after a couple of massive debt fueled real estate bubbles driven entirely by low interest rates. It was always going to happen...