The Investment Thread

SaintInBucLand said
I don't know, I don't have access to every company's exact margins on the products or services they provide.

But I do know that costs on wholesales goods have increased a great deal. In fact I believe we get CPI numbers for the supply side and wholesale side tomorrow.

If companies were making so much money wouldn't their stocks be performing better and not going down across the board like they did today?

The amount companies make does not always equate to stock prices and almost never does in a bubble. If it did, then TSLA would have never hit $1200 a share.

Quite frankly, I'm not sure how anyone is surprised about the markets or inflation. I started calling in March of 2020. Said the US was so woefully unprepared for Covid it would result in throwing money at it like it was a teenager begging for gas money instead of a virus. Then as a result of all that spending we would further along a federal deficit that was so stressed already due to the Trump administration running up massive debt (3rd largest increase on record after Lincoln during civil war and Truman during WW2) after the Obama administration ran up massive debt after the Bush administration ran up massive debt. Biden administration was off to the races on debt but it's a sliver of the $30 Trillion but he will get all the blame.

Next, we saw higher price evaluations in the middle of a pandemic. Some companies in the entertainment industry more than doubled their prepandemic stock price by not doing business for more than a year and taking on massive debt. It doesn't get any more bubbly than that.

I even talked about in this thread when auto companies were advertising $15k off trucks and 84 month 0% financing. Said it was a no brainer buy because inflation would make that truck worth more after the 84 months than the equivalent cash value. It only took 26 months.

Wish I had played it better. I bought gold as an inflation hedge, crypto took all of gold's thunder though. I even said whoever is shorting crypto the day the FED start tightening will win. I'm a flat out idiot for not doing it but got scared to short anything after the short squeezes.

This is what happens when corporations don't pay taxes and governments spend everything.