There’s a motel in North Bergen, New Jersey. It’s like a heaven for people who don’t have a shelter to live. The Lincoln Tunnel Motel, located near the Lincoln Tunnel into the Newyork city is providing free rooms for those in need. The hotel isn’t that much glamorous, but their service is. For several years, … Read more
https://twitter.com/libsoftiktok/status/1482933418929188870 h/t Dan
TEN HOURS to replace one sensor! Ford 150 torn to pieces! Evaporator Core replacement. This guy has to tear apart the dash and center console on this pickup to replace an AC assembly. The issue is a $20 sensor, which of course is not available for purchase, you have to buy the entire $1,000 evap … Read more
Schneider Transport has put its Guelph, Ont., property for sale and informed associates it is closing its Canada-based operations. “Today, Jan. 14, 2022, we are announcing a change in the company’s approach to Canadian-based operations,” the company told Trucknews.com in a written statement, responding to questions about its Canadian operations. https://www.trucknews.com/business-management/schneider-to-shutter-canadian-operations/1003156380/ h/t Flying Poptart
by confoundedinterest17 The Chinese Real Estate Developer Debacles continues to spread from Evergrande to other developers as China’s Central Bank cuts rates due to Omicron spread. First, China’s Central Bank cut their 1 year medium-term lending rate to 2.85% from 2.95%. And the growing malaise in China’s real estate development continues. Fresh turmoil rocked Chinese property … Read more
111 Telephone call to an out of hours Dr in Chichester, UK (20 hours ago) – When diagnosing this woman with an adverse reaction over the telephone, The Dr advises against taking any more and explains that she believes they are about to get pulled – due to new data on safety
by LeBr0wn Example: You are not sure whether you should take a job offer or you should stay at your old job. There are arguments gor both an you just can’t come up with a decision. You flip a coin, the outcome says “stay”, you are unhappy with it. That way you know you should … Read more
by laflammaster (ex: fed $4.5T bailout in 2019) by up to two years. Look at 2000, 2007, 2008, 2014, 2015, 2019. Those indicators are now below 0 since mid-2019. Caption: 1999 and on Caption: 2015 and on
So they want to abolish all police who generally try to keep them safe, but also want a health police to combine compulsory healthcare and martial law. h/t fonkderok
Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of NFTs. The big-box retailer filed several new trademarks late last month that indicate its intent to make and sell virtual goods. In a separate filing, the company said it would offer users a virtual currency, as well … Read more
Tesla has once again delayed one of its products, with the latest reports indicating that the company’s Cybertruck will be delayed until 2023. The Company initially promised production would begin in 2021. A recent report from Reuters states that production of Tesla’s Cybertruck pickup truck has been delayed and is unlikely to even begin until … Read more
https://twitter.com/Resist_05/status/1482520525759205377
These are the picks Jim Cramer told his audience to buy at the start of 2021 and what they're worth now. The Inverse Cramer ETF is overdue. pic.twitter.com/23vKYBe93l — Inverse Cramer (@CramerTracker) January 17, 2022 Cramer has recommended buying Robinhood $HOOD 4x (current $15.17) 📉1Date: 7-29-21Price: $34.82Change: -56.43% 📉2Date: 8-3-21Price: $46.80Change: -67.59% 📉3Date: 8-4-21Price: $70.39Change: … Read more
By Graham Summers, MBA We’ve now reached the point at which inflation will become a major problem. Inflation is not inherently bad for stocks. The reason for this is that companies report growth in nominal terms, not in “real” or inflation-based terms. Think of it this way: XYZ company sells widgets for $1.00. Then inflation hits and … Read more
by confoundedinterest17 Mortgage Orb has the tantalizing headline: “Fannie Mae’s Financing for Multifamily Affordable Housing Grew Over 23%.” At first, this sounds amazing … until you realize how simply unaffordable housing is much of urban/suburban America. If you look at the following chart, you can see multifamily (5+ unit) starts remain elevated (pink box) which is not surprising given … Read more
#China’s #home prices fell at slower pace in Dec amid easier financing for housing market https://t.co/Flss4rT4mp — YUAN TALKS (@YuanTalks) January 17, 2022 *China’s seen their TFP (total factor productivity) diminish heavily since 08 – thus eroding GDP w/ it (China’s real GDP is less than half what it was 15yrs ago) Meanwhile China’s ICOR … Read more
And there you have it, the market is now pricing that Fed Funds will be at 100bp, by end-2022. A few months ago, taper had not started, and there was a debate about whether Fed rate lift-off could happen in 2022. Now the consensus is 4 hikes this year. Things are on the move… pic.twitter.com/yK3xRBsRtp … Read more
Edit because some don’t read: email sender can be spoofed. So, you can verify the sender, and still get scammed! Just saw this article in the nypost. Amazon email scams are up 500%! And, my inbox is filling up with various phishing schemes daily. The article is good to draw attention to it, and possible … Read more
House Appropriations Committee Chairwoman Rep. Rosa DeLauro (D‑Conn.) claims that the expanded federal child tax credit and passage of President Biden’s stalled, multitrillion-dollar Build Back Better Act would help fight inflation.Inflation has hit its highest level since 1982, according to the latest data. Biden’s $1.9 trillion American Rescue Plan included automatic, advance CTC payments, which … Read more
