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GDP surges to 2.6% for the year, better than expected

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Oct 27, 2022.

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  1. Oct 28, 2022 #61
    Orange_and_Bluke

    Orange_and_Bluke Premium Member

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  2. Oct 28, 2022 #62
    WarDamnGator

    WarDamnGator GC Hall of Fame

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    It was different then. We don't have "liar" and "NINJA" loans anymore, at least not like we used to. The average homeowner has a record $300,000 in equity in their home and home equity loans are back to being very low. I think homeowners stand a much better chance at weathering this storm.
     
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  3. Oct 28, 2022 #63
    philnotfil

    philnotfil GC Hall of Fame

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    Except for the ones who have to move during the storm. Hopefully the house prices where we are moving to will also be dropping and it will be a wash.
     
  4. Oct 28, 2022 #64
    ursidman

    ursidman VIP Member

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    One man’s suck is another man’s profits. My energy stocks doing well. And the pipeline stock very well.

    Apple up $11 so far today tho sales of iPhones and streaming services down.

    Yep. $11 so far today. The pandemic was great for AMZN but it is falling now that people seem to be going back into actual stores. So maybe my REITs will pick up.
     
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