/biz/ - Business & Finance

>Housing starts in the US unexpectedly soared 14.8% month-over-month to an annualized 1.56 million in November of 2023
>the highest rate in six months, and well above market forecasts of 1.36 million
>benefiting from a fall in mortgage rates and low inventory
>Starts for single-family homes jumped 18% to 1.143 million, the highest level since April 2022
Holy CRAP. Bobos unironically btfo. I fully expected house starts to start rebounding but not that quickly or that strongly. Lower mortgage rates? Still 7... I guess normies are expecting huge cuts so they can refinance down to 2-3%.
Still, this goes to show that the economy is weirdly healthy and strong. Good for Mr. Copper as well

>>56121057
Sounds inderasting but this one is right >>56121082
Here in Sweden there are two things they are particular and very nosey about... taxation and taxation. The government body in charge of that is extremely "diligent" and very keen on making sure the taxation dildo is very much up your butt.
The currency has also already devaluated like crazy against the dollar (but I think it will continue since the US and consequently the dollar have proven their absolute power these last two years and since every other option is useless).
But actually, even European index funds give very nice returns so I guess I'm just gonna stick with that for now.
I've made far too many retarded stock decisions these last two years and I gotta unlearn all that. Index funds offer me salvation

>>55552889
Find the cheapest one (relatively speaking) out of BIG TECH and buy that. I would say META right now since out of all the options, that one is the most far off from ATH

>>55134242
You can't whip me, I'm cute. Also, greedflation is literally what is happening right now and is the best word to describe this whole shebang. Heh, boomers are so flush with cash they pay any price for a quality job. We have literally increased our margins by more than 60% just last year because we told everyone that this inflation is just eating away at our profits and that we have difficulties getting people to work and so on. It's disgusting

>>55061525
Qute Fauna

I DON'T KNOW WHAT TO DO

>>53058305
The unpleasant truth is that Coinmetro and hence XCM, is stuck until the end of the bear market at best. Anyone talking about marketing as a magical cure-all right now is a fucking idiot who knows absolutely nothing. Coinmetro has very little money, even after the recent raise, and needs to:

1. Survive until the next bull.

2. Have money to attract users and pivot to explout new trends when the next bull starts.

They might not last until the next bull. The next bull might not happen. They may blow it on the next bull anyway. They don't have a way to fix the XCM sell wall in a bear market, and possibly not even in a bull. Fun times.

if we pump too much we'll piss off jpow