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The Disney film got it wrong. In reality he was smashed to bits.
Saw my neighbor clapping his yoga cheek ass shorts up to his apartment today. Man did it take everything in my power to not jump out on the staircase, drop my shorts and spread my juicy, hairy and succulent ass cheeks right in front of him. Always dreamed of having him lather my cheeks with peanut butter and individually plucking every stuck ass hair off before seeing how many cinnamon sticks he could fit in my asshole while I munch on yesterday’s McDonald’s pancakes. I like to call the moldy bits my own little home brew blueberries 😋.
The price of a lot of construction bits went up and didn't come back down. Labor did as well. No contractor is going to go back to pricing from 4 years ago. He can't pay his guy's less and materials have stayed up too. His insurance and taxes all went up.
I think you’re onto something. Markets have been riding high since November 2023 on the idea of cuts. Back then, they thought it would be ~~4~~ ~~6~~ 7? cuts in 2024. Inflation data has been trending down all through 2024, but not meaningfully. Just small bits, and shelter has remained elevated. Unemployment has been moving up, but only slightly as well. Still at an ideal number. Then, they have big revisions come in, showing things haven’t been as rosy these last 12-18 months, but no one seems to care. Anyway, here we are. I don’t think the hikes contained inflation: I don’t think they had anything other than a psychological effect. The ZIRP fucked the housing market for a generation. But the hikes didn’t do shit. I don’t think cuts now and into the next year will do shit but contribute to inflation again. It’s too soon. Not historically, but these are un-historical events the last 3-4 years.
We have been getting some really great bits this season on WSB.
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