/biz/ - Business & Finance

> he went long on nvda at $500
> he went long on tesla at $250

> baggie went short

Kek B...

> he went long at 4300

>seeing more and more "in office 5 days a week" job postings on linkedin
the normcattle deserve everything they get, and far worse. if i ever lose this wfh job i'm never working again.

>>55608718
> DAX anon still shorting Germany

>nasdaq

Kek baggies

Why europe is shitting the bed?

>t.europoor who bought LVMH at $900

>Baggie bought puts at the local bottom

>median selling price of a home in my county: $425k
>average down payment for first time homeowner: 7%
>$2630/month mortgage (7% rate, 30 years)
>$270/month PMI/MIP (0.80% of mortgage)
>$500/month property tax
>$150/month property insurance
>$250/month utilities
>========================
>$3800/month total

>50th percentile household income for county: $80k/yr = ~$5000/mo take home
>60th percentile household income for county: $98k/yr = ~$6000/mo take home
>80th percentile household income for county: $150k/yr = ~$9000/mo take home

80th percentile wagie couples are dumping 42% of their post-tax earnings (not accounting for 401k contributions) into a 1200-1400 square foot plywood box on 0.15 acres of land. how is this sustainable?

>median sales price of existing homes: $389k
>$2450/mo mortgage @ 5% down, 7% interest for 30 years
>$250/mo PMI
>$600/mo taxes & insurance
>$300/month utilities
>$3600/month total ($43k/year)
>50th percentile household income: $70k
>60th percentile household income: $90k
>70th percentile household income: $113k
>80th percentile household income: $150k

reminder that normies are signing away nearly $4k/month while the vast majority of them literally cannot afford it.

>hiring slowing down in most fields of work, white collar and blue collar alike
>layoffs making the news with a greater frequency
>media openly questioning the BLS's accounting of unemployment rate (fake job postings)
>unemployment rate is still about """3.5%""""
>markets schizophrenically pumping and dumping on bank failures, inflation/rate concerns, etc.
the recession is here, isn't it?

>go to bed
>wake up
>dozen PEPE threads on the front page
good evening poojeet sirs. have you been doing the many shilling needfuls?