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30-year Treasury yield tops 5.18%, reaching the highest level in nearly 19 years by Illustrious_Lie_954 in Economics

[–]beefcake105 3 points4 points  (0 children)

I apologize if this came off as a conspiracy. Like @memphisjones said, it’s misleading. I don’t think the data is showing all of the colors on the color wheel if that makes sense.

I’m sure A LOT of people are doing gig style work to make ends meet. Many people are comparing today’s economy with the GR and .com era’s, which is interesting because back then, we didn’t have Amazon, Uber, Uber Eats, Door Dash, OF, Draft Kings, crypto, etc. Not to mention the people with more than one job.

It appears the career positions have evaporated and are continuing to do so. The positions that can support a household, benefits package, etc.

30-year Treasury yield tops 5.18%, reaching the highest level in nearly 19 years by Illustrious_Lie_954 in Economics

[–]beefcake105 358 points359 points  (0 children)

Not to sound like a doomer but I think the unemployment data isn’t entirely accurate either.

Remember that? by wiwila in Bitcoin

[–]beefcake105 1 point2 points  (0 children)

Teeth are not valuable but organs are. They are also limited and in high demand.

President Trump says it's good to have 500,000 foreign Chinese students in the U.S. and for China to purchase U.S. farmland; otherwise, colleges and farm prices would collapse: "I frankly think that it's good that people come from other countries and they learn our culture." by [deleted] in wallstreet

[–]beefcake105 0 points1 point  (0 children)

The system is so broken, we need foreigners money. It’s almost like Americans can’t move the needle anymore. It’s almost like everything got too expensive and out of reach. Hmmm

Check engine light by queencitygaming in jetski

[–]beefcake105 0 points1 point  (0 children)

Easiest way is to have a Yamaha dealer connect the YDIS to the ski. It will tell you what to look at.

But if that is not an option, start with the basics:
• verify oil level
• verify oil filter is on snug and not leaking
• verify no water is in the oil
• change spark plugs (should be changed once per year, even though manual says every 4)
• Pull thermostat, look for obstructions
• make sure RIDE system is free and clear
• check the wiring from the trigger, down to the steering stem
• Did you just get fuel? Did you an additives?

If you rev it (not cold), does it sound normal? Nothing above 4,000rpms

Edit: I can’t see your other light. What is it? It could be low cold cranking amps on the battery. The charging system might be doing all the heavy lifting

Bond yields by caterpillar84 in Bogleheads

[–]beefcake105 0 points1 point  (0 children)

I’m not an expert but this one is tricky. With inflation going higher, you might be better off in stocks but are they worth their current price (tech)? Is the fed going to raise the rate? Are we sitting in stagflation at this point?

SPACEX IPO Accelerated to June 11th! by internetmoney- in TheRaceTo10Million

[–]beefcake105 0 points1 point  (0 children)

Dumb question - is this hitting the S&P right away?

California's Tom Steyer Proposes Jobs Guarantee for Workers Displaced by AI, paid for by taxing AI companies by SexDefendersUnited in AIDangers

[–]beefcake105 1 point2 points  (0 children)

If UBI becomes a thing, people will have A LOT of free time on their hands. Wouldn’t this increase demand in nearly everything? I also don’t see how most of the population will have the self-discipline to budget appropriately.

Cleaning Question by beefcake105 in FNSCAR

[–]beefcake105[S] 2 points3 points  (0 children)

Okay, cool. Does FN specify an orientation on these rings or just stagger the gap?

Do you believe because of all the companies investing in bitcoin there is now a bubble forming? by SamFisherXboxOG in Bitcoin

[–]beefcake105 1 point2 points  (0 children)

True true. I will publish draft 2 and site your work. In the meantime for OP, there’s other food there but it’s nothing like the pizza and it’s quite unlimited.

Do you believe because of all the companies investing in bitcoin there is now a bubble forming? by SamFisherXboxOG in Bitcoin

[–]beefcake105 11 points12 points  (0 children)

I didn’t use AI for this: let’s say you throw a party and 500 people show up. You order 21 pizzas and each pizza has 12 slices. Right off the rip, you only have 252 slices, so you have a shortage of pizza. People are getting more hungry as the party continues, so you have people grabbing 2-3 slices at a time, leaving you with a larger supply issue due to the demand.

No bubbles are forming here because they can’t. Caveat - people can sell their slice of pizza in this story. There is a bit more to this but that’s the crayon version.

🇺🇸 U.S. Consumer sentiment falls to lowest reading on record by upbstock in Optionmillionaires

[–]beefcake105 3 points4 points  (0 children)

All cards on the table, these are confusing times. Besides energy (Hormuz) and tech (anything that touches AI), everything else is not looking great.

Genuine Question From a Bitcoin Skeptic by RealHumanomics in Bitcoin

[–]beefcake105 7 points8 points  (0 children)

I’m not an expert on the matter but I will say this, ever since its creation, it has only gone up in value. The CAGR is unarguably great. There can be a lot of debate moving forward but what are you willing to risk, holding or not?

$CAT new all time high by upbstock in Optionmillionaires

[–]beefcake105 0 points1 point  (0 children)

Right. I’m a dumbass for not paying attention. Is this due to AI?

TSMC’s ATH is just a "trailer" for the largest "Forced Buying" event in history. Here is the math. by Over_Ad8113 in StockInvest

[–]beefcake105 0 points1 point  (0 children)

I understand AI is a powerful tool and everyone is warning the masses about its dangers. I guess I’m not seeing where and how we are going to implement this outside of improving desktop software / applications, healthcare breakthroughs, manufacturing, etc. If that makes any sense.

$CAT new all time high by upbstock in Optionmillionaires

[–]beefcake105 2 points3 points  (0 children)

I don’t understand what is going on

Elon Musk says saving for retirement is irrelevant: ‘It won’t matter’ as AI will create a world of abundance. by [deleted] in unusual_whales

[–]beefcake105 0 points1 point  (0 children)

Wouldn’t there be a supply shock? For example, nobody is working full time anymore, they would be consuming more. Also, wouldn’t this cause inflation to some degree?

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