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What does "unemployed" mean now? Definitions of seemingly obvious words get redefined. New articles have suggested there are approximately 7 million "prime working age males" out of work force (age 29-54 or such). There are too many safety nets and people do not NEED to work anymore. The Fed keeps raising interest rates because the Fed says unemployment numbers too low yet "unemployment" is people actively looking for work.
I believe you have to be actively looking to be considered unemployed. Once you stop looking, you are taken out of the census.
uscriticalminerals.com
bitterrootstar.com
I believe if you are still unemployed when your benefits expire, you are off the official count as well.
apnews.com
When inflation drops to 1% +/- prices will not return to pre-pandemic levels. FED's are shortening the time period to the past 12 months to calculate inflation.The latest inflation print:
US inflation eases but stays high, putting Fed in tough spot
U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.
The range of headlines on this story is fascinating, but the bottom line is that it's still running at about 6% annualized, which is about 1.25-1.5% hotter than the current Fed rate target and 2.5% above the 10-year Treasury.
Ignoring this weekend's events, it'd seem obvious that more rate hikes would be warranted. But I'm starting to buy into the idea that the Fed caves due to political pressure (due both to the risk of systemic failures in the financial industry and the sheer cost of carrying the national debt), and that this sort of inflation becomes permanent (or at least persists until the next recession/depression).
www.bls.gov
# 6 - When everything fails and the roof caves in, the US Government will put together a bail out package on a Sunday afternoon.I need to speak to Elon
Tesla needs to create a new financing product purposefully built for their energy loans.
1. Tesla would finance the deployment of batteries, panels, and solar roofs.
2. Tesla would underwrite these loans in a manner that once a loan is in default the system pushes all energy generated and stored back to the grid.
3. Energy sold to the grid is returned to Tesla/ABS.
4. Tesla packages these loans as an asset backed securitization w/ non-performing cash flow.
5. Tesla captures a rate differential and earns revenue on deployment.
Why ? Do any of them market computer programs or have computer chip fabs?
Technology comes in many different forms and in these cases; payment networks and virtual wallets.Why ? Do any of them market computer programs or have computer chip fabs?
What is Square / Block ?
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I bet they are going to take it in the rear on electric vehicles, even without considering subsidies.Ford is about to break out big EV losses for the first time
Ford's reporting changes amount to the most detailed look yet by any legacy automaker into the finances behind the EV business.
LOL........ Foreign investors who are falling for the BS from the FED Reserve, the career Politicians and the liberal news media.Two stocks account for over 13% of the S&P 500 for the first time since the 1970s...
As goes MSFT and AAPL, so goes America.
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www.reuters.com
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Losing $9,000 on every EV sold?Well, was EV worth losing $2 billion ?
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Ford Motor
said Thursday its electric vehicle business lost $2.1 billion last year on an operating basis, a loss that was more than offset by $10 billion in operating profit between its internal combustion and fleet businesses.
The Detroit automaker expects 2023 to unfold along similar lines, forecasting an adjusted loss of $3 billion for its EV unit, adjusted earnings of about $7 billion for its internal combustion unit, and adjusted earnings of roughly $6 billion for its fleet business.
Ford's EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units
The financials are the first detailed look at EV profitability as Ford unveils a new financial reporting structure.
Should be some deals coming if you got the cash. Interest rates will still be high, but the car market will be flush with cars. Banks are still holding on to repos that they can't or won't auction off because of the high losses, not that they aren't trying. They will have to get rid of them eventually and take those losses which means the used car market will be flooded with cars. Then there will a lot of affordable cars that have low mileage and that will hurt the new car market. Hence the new car market will need to adjust their prices to sell cars. Just be patient.
That is some wishful thinking backed by no serious data. Losses will suddenly turn into gold and rainbows.
I’m quite patient, that’s for sure, as my own “daily driver” is a ‘97 and only looking to replace it because the AC shit out and every time I need to disconnect an electrical connector the keeper tab breaks due to brittleness. Hard to call it a daily driver though, being as the work truck does all that and I put at best 3k miles a year on my personal vehicle. The wife’s little Subie on the other hand takes 20k/yr with a 70 mile a day commute. Nothing is nearby in Wyoming if you work next town over…
When Obama was in office, the US Military bought a large number of stripped F150s as a form of "bail out". How many Ford PRO vehicles are purchased by various government/NGO organizations to reward/influence Ford on the EV vs ICE transition? Do you believe that government purchasing organizations (not their money) drive a hard bargain as much as most consumers (their money)?
If I gave you a signed, blank check and told you to go buy yourself a new Ford pickup... What model would you be looking at....
I assume you are talking about Albemarle.
