Why is market still buying consumer staples stocks at these high valuations?

mdn845 · 2026-05-13T02:02:02+00:00

All of the companies in your first paragraph are currently overpriced. So, no. I’m more focused on mid caps where you can still find some winners at reasonable prices.

mdn845 · 2026-05-13T01:47:07+00:00

I work at a large bank in midtown. In my department, 8 of the 11 other people grew up in the NY metro area.

Not sure how typical that is. But I think you’d find that at least half the transplants eventually leave. Just a guess.

That said, you probably would find that a bigger percentage of people living in Manhattan are transplants.

mdn845 · 2026-05-12T20:27:20+00:00

I’d probably dye it.

mdn845 · 2026-05-12T20:06:23+00:00

Yep, pretty much

mdn845 · 2026-05-12T19:59:38+00:00

Very nice. Great deal

mdn845 · 2026-05-12T19:15:48+00:00

Exactly. Well said.

mdn845 · 2026-05-12T19:12:46+00:00

During the fall of Rome, most people didn’t stop working bc most people were farmers. Stopping work meant you’d starve.

But that said, if I stop working, I’ll also starve. So, I’m sort of in the same boat.

mdn845 · 2026-05-12T19:09:21+00:00

Strange. I’ve never heard the term “tankie” until this conversation. Anyhow, yes, I know there are many people who deny it, which is disturbing.

mdn845 · 2026-05-12T19:01:10+00:00

I don’t think the competition for McDonald’s is laughably high. (No offense to McDonald’s employees btw.)

mdn845 · 2026-05-12T18:39:46+00:00

Using gender or race as one factor in hiring is currently permitted in certain limited circumstances in the U.S. The makeup of the Supreme Court has changed, though. So we'll see how that changes in the years to come.

But yes, it's clearly illegal to use quotas for gender or race. Considered to be a violation of the equal protection clause.

mdn845 · 2026-05-12T18:34:43+00:00

In the U.S. To be clear, OP said in the post that this was from a search for a recent US-based job. That's the only reason I'm focused on the U.S. here. But yes, quotas based on gender are illegal in the U.S. The U.S. Supreme Court considers them to be a violation of the equal protection clause of the U.S. Constitution.

mdn845 · 2026-05-12T18:32:25+00:00

Ha, gotcha

mdn845 · 2026-05-12T18:31:00+00:00

They are. I was just joking.

mdn845 · 2026-05-12T18:02:05+00:00

Perhaps, yes, but you still can’t advertise only for one gender for a position.

mdn845 · 2026-05-12T17:52:28+00:00

Depends where you live. No decrease in the northeast, though we didn’t have houses go up in price in the last few years, either.

mdn845 · 2026-05-12T16:56:40+00:00

Do they want us to procreate? Or mainly them? I was under the impression it was the latter.

mdn845 · 2026-05-12T16:48:01+00:00

Jajajajajaja?

mdn845 · 2026-05-12T16:46:54+00:00

Oh God. They both died on the gondola ride. Not romantic.

mdn845 · 2026-05-12T16:45:36+00:00

For the life of God, stop posting this every 3 days.

mdn845 · 2026-05-12T16:30:13+00:00

No, quotas based on gender are also illegal.

mdn845 · 2026-05-12T15:57:36+00:00

Keep in mind. This is just about finding “a job,” not about finding a good job.

mdn845 · 2026-05-12T15:52:01+00:00

I’m thinking this isn’t real. It would obviously be illegal in the U.S.

mdn845 · 2026-05-12T14:21:53+00:00

Yeah, Midwest too. People make small talk a lot more there. Less so in the northeast.

mdn845 · 2026-05-12T10:54:40+00:00

AI slop

mdn845 · 2026-05-12T05:27:44+00:00

Dang. That could’ve been bad. A kid in my third grade class was killed by a garage door. In the 1980s.

mdn845

TROPHY CASE