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hornhorn

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Everything posted by hornhorn

  1. Hurts allowed Texas stay till the 3rd Q. He stops making stupid mistakes and this game is a blowout.
  2. OU defense knew what play was coming on before Texas WR at times. It was insane to watch them swarm to the ball.
  3. So what you're saying is that costs are rising and worker's share of the output is decreasing? While at the same time you're arguing that costs are rising so salaries should go up for workers? Do you wonder if those same rising costs ALSO impact the companies they work for? So the margins that were going to workers are now going to the cost structure? And its ok if some of if goes to the cost structure since the percentage of worker's share has gone from 66% to 58% during that same period the productivity has gone from: 66% of indexed labor productivity of 20 is less than 58% of indexed labor productivity of 120. Disclaimer: Its unclear whether your chart is in line with the indexes. Now let's talk about the other charts. There's a reason we use Median house prices over Average house prices. Also a national data on it skews it completely given the extremes on both ends. Here's a source that measure income multiples in specific areas of their own markets. You'll notice that 1980(at extremely high interest rates) was worse than 2000 and 2017 has the worst multiple but the debt is much cheaper making those same homes expensive but affordable monthly payments. Source: https://www.jchs.harvard.edu/home-price-income-ratios Younger people are paying less and less taxes, the wealthy are paying more and more as time has gone on. The lowest quintile used to pay 10% in federal income taxes in 1979, today they pay less than 2%. While the Top one percent has stayed steady above 33%.
  4. I feel the same way. No amount of data will convince you that people make bad decisions everyday, constantly and then complain about being broke. Just being born in America is equivalent being born with a silver spoon, but sigh they would never know because they haven't been anywhere else. Oh well, agree to disagree.
  5. First, we don't have actual numbers for those iphones because Apple stopped reporting actual units early last year. But we have revenue of close to $30 billion in that quarter made up mostly by those units. I'll let you do the Math. On your second point, yes our economy rewards college degrees over running back and forth from kitchen moving plates as it should. You're arguing against paying people that create value, it just wont happen. The 50th percentile wages grew, just not as much as the 90th percentile. Although this data is keeping inflation in mind. What we're arguing is that Tammie(in your example) not only chooses not to educate herself but chooses to have kids when she isn't ready, with multiple losers at times and further complicates her life by going on to buy the latest iPhone, a Mustang and renting furniture she shouldn't.
  6. Now this is an example of a strawman argument. Well done! Paging Pig Bellmont, this is how its done.
  7. Wage growth has gone to people that went to school. We have an advanced economy that rewards brains over doing same monotonous work over and over and over and over. And over. Sue me. "ZOMG I know the problem is me but I'll blame everyone and everything else first!" <---that's what you sound like.
  8. He isn't lying. Iphone sales by model: I suppose people could buy more model 7 instead of X, XS, XS Max, XR and it would save them $500, but we can't have that. The sheer number of people not doing so kinda blows your stance that its a strawman argument. I'm sure we could do the same with cars, houses etc.
  9. Plus activation fees, admin fees, miscellaneous charges and past due charges. I'd wanna die if I were him.
  10. They had 5 possessions, scored TDs on 3 of them. Wouldn't call it slowing them down but definitely controlled the clock.
  11. He better because even as a ten year veteran he looks worse than the rookie Rudolph under concussion protocol.
  12. Schwab only makes 6% of their revenues via trading and commission fees. TD Ameritrade and Etrade however make 36 and 34 percent of their revenues through trading and commission fees. TDA already announced yesterday that they were going commission free(except for options where they will still charge 0.65/contract). That's going to hurt.
  13. Did they analyze and discuss markets? Or did they just make a post that highlights their political leanings and is cloak room worthy?
  14. No we don't, this thread is particularly created to discuss the markets but you cannot help it but lace it with your political opinions. We get it, you dislike Trump and Republicans. You've made that clear plenty of times on this thread already. I guess I'll leave you to repeating it over and over and over. And over.
  15. There you go again, cloak rooming it. Give it a rest will ya? Fixing trade in this regard doesn't mean getting a deal. It means giving some sort of a certain path for companies to make Capex decisions moving forward. That can be done without having a deal in place.
  16. If you look at the actual data, the drops are in Inventories(-3.0), Production(-2.2) and Export(-2.3) which are all directly related to trade. Fix trade and it will fix ISM, no need to panic. Just yet. https://www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1
  17. New IPOs this year so far: Uber: Down 40% Lyft: Down 40% Slack: Down 40% Smile Direct Club: Opened at $18 last week, today trading around $13 Peloton: Opened today at $28, trading ended at $25.81 Ouch!
  18. He has already liquidated $700 million of his stock.
  19. U.S. trade regulators approve some Apple tariff exemptions amid broader reprieve Source: https://www.reuters.com/article/us-usa-trade-apple/u-s-trade-regulators-approve-some-apple-tariff-exemptions-amid-broader-reprieve-idUSKBN1W52J2
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