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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 02-09-2018, 10:14 AM
 
Location: Apex, NC
3,307 posts, read 8,561,460 times
Reputation: 3065

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The Market is in a correction mode. I really don't think we're tanking or going into another dire recession anytime soon. We've corrected to where the dow & S&P were back in December. I'm not worried one bit. Slow and steady wins the race. The following graphic is pretty cool. According to this article/graphic, we'll be back in the black by May and still have at least an average stock market year by the end of 2018.
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Old 02-09-2018, 11:29 AM
 
17 posts, read 16,600 times
Reputation: 25
On the contrary, Recession or downturn, which is cyclical in nature, could bring more jobs to the triangle. financial firms from high cost areas might move chunk of their operation or related jobs here ( which they already are doing). Few financial companies have done that but there could be major uptick.
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Old 02-09-2018, 11:33 AM
 
Location: My House
34,938 posts, read 36,258,444 times
Reputation: 26552
Quote:
Originally Posted by sophomore_in_dallas View Post
On the contrary, Recession or downturn, which is cyclical in nature, could bring more jobs to the triangle. financial firms from high cost areas might move chunk of their operation or related jobs here ( which they already are doing). Few financial companies have done that but there could be major uptick.
That is exactly what happened last time. I'm not sure why anyone thinks recessions have slowed growth around here. It's not expensive enough or large enough here for that to be happening yet.
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Old 02-09-2018, 12:51 PM
 
9,576 posts, read 7,334,337 times
Reputation: 14004
Quote:
Originally Posted by MikeJaquish View Post
"Hipsters with inHeritances?"
Mike, that could be a name for a band!
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Old 02-09-2018, 01:10 PM
 
Location: Cary, NC
43,291 posts, read 77,115,925 times
Reputation: 45657
Quote:
Originally Posted by cjseliga View Post
Mike, that could be a name for a band!
Oh, yeah....

But, actually, I think "Hipsters with Handguns" might could be better.
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Old 02-09-2018, 01:12 PM
 
1,257 posts, read 1,185,380 times
Reputation: 1279
Curious to know if CapitalBlvd believes that any US cities arent being afflicted by this terrible overpaid hipster problem. I genuinely curious to know what that might look like in 2018.
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Old 02-09-2018, 01:15 PM
 
Location: Cary, NC
43,291 posts, read 77,115,925 times
Reputation: 45657
Quote:
Originally Posted by farebluenc View Post
Curious to know if CapitalBlvd believes that any US cities arent being afflicted by this terrible overpaid hipster problem. I genuinely curious to know what that might look like in 2018.

They're everywhere?
Lord, have mercy!


boom boom boom boom
gonna shoot you right down...


https://www.youtube.com/watch?v=K096sx5whTE
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Old 02-09-2018, 03:18 PM
 
Location: My House
34,938 posts, read 36,258,444 times
Reputation: 26552
Quote:
Originally Posted by MikeJaquish View Post
Oh, yeah....

But, actually, I think "Hipsters with Handguns" might could be better.
Oooh! New band name!
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Old 02-09-2018, 04:03 PM
 
9,576 posts, read 7,334,337 times
Reputation: 14004
Quote:
Originally Posted by RedZin View Post
Oooh! New band name!
Maybe we can have Hipsters with Handguns play CapitalBlvd's veranda/balcony/terrace at his apartment and have all the C-D folks there for the concert!
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Old 02-09-2018, 04:17 PM
 
Location: Boston
20,105 posts, read 9,018,880 times
Reputation: 18764
all this stock market has done in the last couple of weeks was to get rid of the people that don't belong in the stock market to begin with. Timing the market is a losers game. These aren't long term investors selling their holdings, it's the newbies that don't know any better.
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