/biz/ - Business & Finance

>>57816726
It depends on the years of ownership vs renting. In the short term yes but in the long term no not at all. The people who try to insist renting is good have also never owned a house.

Renting is a 0 return investment 100% of the time.

Wait did SPY triple top into a descending wedge?

>>50398345
Basically other countries owe US money. When dollar goes higher and their currency decreases in value it means they have to pay even more money which risks those countries defaulting. Another issue is the PetroDollar part of the reason the Saudis are even willing to deal is because an increasing Petro Dollar means that the cost for Oil in other countries is EVEN HIGHER which would cause accelerated demand destruction. This in turn effects food prices since OIL is necessary to maintain FOOD demand. All of this coincides with Americans really burned out on globalisim and a push for domestic production of these things.

All of this means that inflation of other currencies will cause even more flight into the American Dollar which will strengthen it more causing this cycle to continue.

>>50399214
This also even if it "peaks" that doesn't mean it will come down. Months of 8% sustained inflation is still extremely bad and it can still go back up. Heck this could only be the "current" peak and we could see 10% in 2023. You wanna see nasty numbers wait until January when everyone broke the bank for Christmas left struggling to pay energy and credit bills. One last thing there is absoulutly nothing to imply inflation has peaked outside of talking heads on CNBC doing the "Wallah just like that inflation has peaked and will never be double digit!"

>>49779026
>>49779108
It still has the flower attached. You'll be surprised how fast it will grow to maturity. That being said those look like pickling cucumbers. Are you pickling them you don't have too just curious?

Personally I have been investing in Rhubard and Fruit Trees.