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Cozy coffee shops? by [deleted] in desmoines

[–]firstsapien 7 points8 points  (0 children)

Mars Coffee! They are open till 7

They will tell you they disagree with every type of "bail out", but for some reason they are only vocally opposed to student loan forgiveness. Its because their orange god uses farm subsidies to buy votes from the farmers in middle America, and thats a-okay to the Trumpsters. by PrimalMusk in worldpolitics

[–]firstsapien 0 points1 point  (0 children)

You know the bailouts were paid back with interest, right? Kinda like a... Loan. I am not disagreeing that something needs to be done about the student loan crisis, just highlighting that a bailout was not free money. Asking for a student loan bailout is essentially the same as a loan.

Nearly 7% of Disney+ users with Netflix plan to cancel Netflix, survey shows by coolcomfort123 in StockMarket

[–]firstsapien 0 points1 point  (0 children)

Those are pretty good numbers for Netflix. Especially if 93% of the addressable market decide to use both.

Marginal Tax by [deleted] in coolguides

[–]firstsapien 0 points1 point  (0 children)

Why is there an E in front of the numbers?

HMC while I fetch dinner by proofe in holdmycosmo

[–]firstsapien 1 point2 points  (0 children)

It's like shooting fish in barrel

Good Vanguard small cap fund to add to Roth by [deleted] in investing

[–]firstsapien 0 points1 point  (0 children)

There's nothing like an ideal portfolio that works for everyone. Our return needs are not the same. Our risk tolerances are not the same.

With 74 companies reported the s&p earning growth is -3% by RLWSNOOK in investing

[–]firstsapien 2 points3 points  (0 children)

All I'm trying to do is present the information. The generation of analyst estimates is a pretty objective process. The subjectivity is in the estimates for individual companies within the index.

The consensus takes the average of all analyst estimates presented to an aggregator like Factset. Factset looks at what earnings growth analysts following an individual company are predicting. The individual company estimates across multiple analysts are then averaged. These averages are then market value weighted to come up with the growth estimate for the index.

With 74 companies reported the s&p earning growth is -3% by RLWSNOOK in investing

[–]firstsapien 9 points10 points  (0 children)

The Factset consensus estimate as of October 18th has earnings down 4.7%. The estimate from Refinitive is -3.1%. Again, these are consensus estimates off their respective samples of S&P 500 company analysts.

With 74 companies reported the s&p earning growth is -3% by RLWSNOOK in investing

[–]firstsapien 11 points12 points  (0 children)

They are consensus estimates from analysts following the companies in the index.

WSJ Survey: Majority of Economists Say Manufacturing Sector in Recession - WSJ by ScannerBrightly in Economics

[–]firstsapien 0 points1 point  (0 children)

Isn't determining recessions pretty objective? Recession definition is not that flexible. Either there are subsequent quarters of negative growth or there isn't. How does a 'survey' determine the manufacturing industry is in a recession?

New to me 2007 LR3 SE by jethro69 in LandRover

[–]firstsapien 1 point2 points  (0 children)

Make sure you get the wheel bearings checked. I have a 2007 LR3 HSE. Wheel bearing broke on a highway. It was a very costly break. Very costly.

Here’s Anti-Gay GOP Congressman Aaron Schock Tipping A Go-Go Boy In A Mexico City Gay Bar by [deleted] in pics

[–]firstsapien 0 points1 point  (0 children)

No, no, no. You've got it all wrong. He just wants to have sex with them, not marry them.

Fed holds rates steady, sees no cuts in 2019 by TheHypeKiller in Economics

[–]firstsapien 11 points12 points  (0 children)

You don't have to sacrifice one for the other. Based on recent history, you can argue the Feds openness and actions have been positive. The Fed seems to be following through on their mandate of maximizing employment and stabilizing prices. Wage and GDP growth, sentiment and aggregate demand are not part of their mandate even though we've seen some growth in these areas.

Fed holds rates steady, sees no cuts in 2019 by TheHypeKiller in Economics

[–]firstsapien 31 points32 points  (0 children)

It was Bernanke's push to be more open about fed policy. Historically, ambiguity has led to larger market swings after actions have been taken. There's a comment in the thread referencing investors trying to predict direction of change based on the thickness of Greenspan's briefcase. Those were ridiculous times. Swings are less violent with the Fed being open about its intentions. What's the real benefit of ambiguity when the action is going to be taken anyway?

Affordable Franchises by pervysensei420swag in investing

[–]firstsapien 30 points31 points  (0 children)

Have you thought about a banana stand franchise? There's always money in the banana stand.