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Old 11-15-2015, 08:22 PM
 
Location: Southern Colorado
3,680 posts, read 2,947,015 times
Reputation: 4809

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Doesn't Seattle have Boeing, Microsoft, and Costco? Plus a cool funkiness.

Quote:
Originally Posted by Hemlock140 View Post
Another case where the location makes a huge difference. Here the commercial real estate market is booming, with many big cranes in Seattle, new shopping centers and upscale stores being built on the eastside. Somebody must be buying things.
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Old 11-16-2015, 01:50 AM
 
5,455 posts, read 3,355,016 times
Reputation: 12172
A higher interest lending rate will deter people from buying homes when they are not ready or they cannot afford it in the long run. It is much better to gain higher interest rates on our low-risk investments and IRAs. People that save money with a better return can actually see their balance grow into possibly a hefty down payment on a family home in due time or send the kids to college and take the cash out from under the mattress into a retirement fund that actually makes a good return (more than 2% anyway!).
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Old 11-16-2015, 08:19 AM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,298 posts, read 80,577,144 times
Reputation: 57278
Quote:
Originally Posted by ColoGuy View Post
Doesn't Seattle have Boeing, Microsoft, and Costco? Plus a cool funkiness.
Exactly, in places where there are many good jobs the retailers are thriving, despite the percentage of tech-savvy people that buy much of their goods online.
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Old 11-16-2015, 10:19 AM
 
Location: La Mesa Aka The Table
9,802 posts, read 11,482,472 times
Reputation: 11880
I have shares of Home Depot, Lowes and Costco stock.
They all seem to be doing well
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Old 11-16-2015, 10:38 AM
 
4,231 posts, read 3,540,570 times
Reputation: 2207
Quote:
Originally Posted by hitman619 View Post
I have shares of Home Depot, Lowes and Costco stock.
They all seem to be doing well
Time to sell then.

They may tank any time now!
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Old 11-16-2015, 01:34 PM
 
4,231 posts, read 3,540,570 times
Reputation: 2207
I was talking about manufacturing and industrials.

Here is another confirmation :

http://finance.yahoo.com/news/part-e...182822388.html

Empire Fed Misses (Again), Contracts For 4th Straight Month As Average Workweek Collapses | Zero Hedge

Recession is coming.
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Old 11-17-2015, 12:11 AM
 
Location: Paranoid State
13,044 posts, read 13,817,290 times
Reputation: 15839
Quote:
Originally Posted by NewbieHere View Post
I used to enjoy shopping, not anymore.
I'd rather extinguish hot cigarettes on my tongue than go shopping.
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Old 11-17-2015, 12:14 AM
 
Location: Paranoid State
13,044 posts, read 13,817,290 times
Reputation: 15839
Quote:
Originally Posted by gunslinger256 View Post
This is why trickle down economics has been a failure every time it's been tried. The tax breaks to the rich are not impacting the 99% in a meaningful way
Which tax break(s) are you referring to? Can you name some?
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Old 11-17-2015, 08:16 AM
 
Location: Paranoid State
13,044 posts, read 13,817,290 times
Reputation: 15839
Quote:
Originally Posted by GeoffD View Post
They're swimming in cash so they've been buying back their stock to prop up stock prices.
Corporations do not buy back stock to prop up stock prices.

Corporations initiate stock buy-back programs as a vehicle to return earnings to shareholders. Either they issue cash dividends or buy-back stock. Cash dividends are not a great way to return earnings, as they are immorally taxed twice. Instead, stock buy-backs are subject to capital gains taxes.
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Old 11-17-2015, 08:46 AM
 
Location: Austintown, OH
4,263 posts, read 8,142,927 times
Reputation: 5495
Retail pays me, so, I want retail to do gangbusters!

That being said, I see a decline on my end of the business that has a lot of people worried right now. Christmas should help boost that, but, what about Q1?

On a personal note, I have decreased consumption big time, and others I talk to are in the same boat. How much stuff can one have? The people on the lower end of the totem pole aren't making any more.
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