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bobknight33 (Member Profile)

newtboy says...

Still 3.8% unemployment, sucker. 4 years ago it was nearly 15%! Choke on it. (Like over a million Americans choked on their last breath thanks to Trump’s mismanagement.)

Month after month after month after month of exceeding predicted jobs GROWTH you moron. Often by double.
That includes lost jobs and new jobs.
Wages are RISING much faster than inflation. Not only are jobs plentiful, at historical low unemployment for a record time, but earnings are higher…the new jobs pay more than the lost jobs.

Eat it. The economy is going gangbusters, so fast and hard the fed won’t lower interest. We recovered at double the rate of other nations. In March we ADDED OVER 300000 MORE JOBS that average better pay, same in Jan, Feb, and probably April. Those alleged 200000 didn’t even register, even with the lost jobs counted the jobs numbers are consistently near double expectations!

Really? Where do you get those insane numbers? Not the department of labor. Probably Trump, who would have simply made them up.

The labor market continues to be stiff and hard like a teenager on viagra at a strip club. The recovery is wide, long, and veiny. I know that sucks for Trump who is clear he wants a recession to help his poll numbers. Maybe you don’t see it because you’re invested in stupidity like Tesla and Trump Media. 😂

STILL WAITING! 😂

bobknight33 said:

Latest List of Layoffs Over Last 4 Months:

1. Twitch: 35% of workforce
2. Hasbro: 20% of workforce
3. Spotify: 17% of workforce
4. Levi's: 15% of workforce
5. Zerox: 15% of workforce
6. Qualtrics: 14% of workforce
7. Wayfair: 13% of workforce
8. Tesla: 10% of workforce
9. Duolingo: 10% of workforce
10. Washington Post: 10% of workforce
11. Snapchat: 10% of workforce
12. eBay: 9% of workforce
13. PayPal: 9% of workforce
14. Business Insider: 8% of workforce
15. Charles Schwab: 6% of workforce
16. Macy's: 4% of workforce
17. Blackrock: 3% of workforce
18. Citigroup: 20,000 employees
19. UPS: 12,000 employees
20. Cisco: "Thousands" of employees

In 2024, we have already seen 74,000 tech layoffs alone with well over 200,000 across all industries.

Last month, the US added a whopping 691,000 part-time jobs while LOSING 6,000 full-time jobs.

Is the labor market finally starting to soften?


newtboy (Member Profile)

bobknight33 says...

How that Bidenomics going. Not so good is it. The Biden economic clock winding down.

https://www.zerohedge.com/markets/bidenomics-blowback-survey-based-sentiment-collapses-hope-evaporates

Bidenomics Blowback - Survey-Based Sentiment Collapses As 'Hope' Evaporates


Under the hood was even more problematic:

New orders fell at a faster pace; signaling contraction

Employment fell at a slower pace; signaling contraction

Inventories fell at a faster pace; signaling contraction

Supplier deliveries fell and a faster pace; signaling contraction

Production fell at a faster pace; signaling contraction

Order backlogs fell at a slower pace; signaling contraction

Worse still, Prices paid rose again!

So, in summary: slower growth, declining production, shrinking orders, falling employment... and accelerating inflation - is it any wonder that 'soft survey' data is collapsing - not exactly election-winning headlines.




Biden's foreign policy is just as bad--- a bad joke.

FJB MEGA 2024

Man With Neurofibromatosis-Marc

newtboy says...

Is he sure it wasn’t poor shielding against Mars’s high radiation levels?
(Yes, I’m a terrible person.)


Scary to think a surgery caused this growth. I wonder if he’s secretly pissed at his parents that they tried to remove the small lump triggering this.

bobknight33 (Member Profile)

newtboy says...

More economic news proving Bidenomics has been great for America. GDP beat all expectations. Unemployment remains at record lows. Inflation is still below 3.5%. Wage growth is above 4.6% (5.1% last year). Stock markets are hitting record high after record highs. The guaranteed recession and likely long term depression forecast for 2022-2023 was avoided completely.
I’m still waiting to hear something that’s not great, and I don’t mean complaining about 2021’s high inflation.

The economy doing great is terrible for Trump, that’s why he’s repeatedly said he hopes our economy crashes and we slide into a depression so maybe he could finally get more votes than his opponent (something that has never once happened in his lifetime).

bobknight33 said:

What idiotic puke are you spewing.

You get your information from the same rag that say Bidenomics is doing great.

Bidenomics is not great.

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

I’m still waiting for you to explain how 75% inflation over 22 years becomes 150% increased prices under Biden as you claimed. Please, I need your expertise in mathematics to make the world make sense. 😂


To my dumber than a bag of hammers-
😂 🤦‍♂️ 😂
So that’s a “yes”, you do think the economy is worse now than in 2020 solely because inflation is doubled and you don’t understand earnings/purchase power . 🤦‍♂️
I grant you, inflation is still elevated, but down near 2/3 and well below what other countries are experiencing, so is getting better not worse. Hyperactive economies can tend to have inflation issues, and the Biden economy exploded like it was made of lithium deuteride.

Yes booby, prices have gone up on average, they always do…and on average everyone makes more too….much more. If prices go up 3% and wages go up 6% you have 3% more buying power, A GAIN…that’s pretty basic math for it to go so far over your head. In 2020 prices went up near 1.5% (for items still on shelves) but wages went DOWN near 6% (for those who were still employed) for a >7% LOSS in buying power. See how Bidenomics is better yet?

Probably not…ask a 3rd grader…is being able to buy 3% more yearly better than only being able to buy >7% less than last year?

Earning power is rising fast, double inflation, so are GDP and employment rates unlike under Trump when not only was there still inflation (granted much less thanks to the floundering MAGA economy) but wages actually went down significantly GDP went NEGATIVE and up to 20 million jobs evaporated thanks to mismanagement (NZ didn’t have that problem).

When inflation is barely above 3% and wages are rising at near 6%, yes, things cost more, and average people can also BUY MORE you fucking idiot.
I know, that’s keeping two things in your head at once, so impossible for you to comprehend, but trust me, that’s reality. You should try it some time.
You think you have something because inflation went up, largely thanks to Trumps horrific last year of hyper spending and the economic crash his mismanagement caused but also due to Biden’s economic recovery outpacing the most optimistic predictions…but you are too dumb to see the other half of the earning equation…wages. Since earnings are rising at double inflation, people can buy more.
Again, in 2020 wages went down almost 6% with 1.5% inflation (during a massive negative gdp) so earning power went down by almost 7.5%…today inflation is 3.24 but wages are rising at nearly 6%, giving a RISE in earning power of 2.75%. That is a >10% difference, going from a 7.5% loss of buying power in 2020 to a 2.75% rise this year…and no recession. That’s called winning.
Inflation is only one part of the equation, buddy, and is absolutely meaningless without the other parts.

Yes, I repeated myself…I hoped by saying it over and over some might get through.

Interest rates…😂😂😂 true, Biden didn’t lower rates to zero and still have a stalled economy, he had to raise them to combat inflation…it worked, and hasn’t stalled the boom yet. You claim to be rich…high interest rates shouldn’t mean a thing to you…or do you really carry massive debt and aren’t really rich at all? 😂

As a side note, the stock market is also booming, paying great for those who are invested. Similar to wage growth since many (like me) live off investment earnings.

Gas prices have dropped sharply, today below $3 in 1/3 of the country and $.22 lower than a year ago on average. That’s costing LESS! Try again.

Many staple food prices are lower too. National average turkey prices were cheaper than last year, so are eggs. Try again.

According to Edmonds, “ The good news is that, in general, prices have been on the decline since late 2022. In May 2022, the average selling price of a vehicle was about $721 over MSRP. Compare that to July 2023, when the average selling price was about $714 below MSRP.”. Try again.

American's purchase power is rising, under Trump it plummeted like never before. I know, you just don’t understand. It’s ok boob. Adults understand.

I bought a bag of hammers for $10 at a yard sale…it was incredibly smart of me. I got about 10 hammers including 3 small sledge hammers and 2 metal framing hammers. My bag of hammers purchase was quite smart. 😂

Boob, get a brain. You might ask the scarecrow how he got his, because you really need help. I’ve never met a person as dumb and delusional as yourself, and I’ve known some real idiots.

Try this simple example.
Last week a soda cost you $1, and you made $12 an hour ($1 every 5 minutes). This week a soda costs $1.20 but your pay went to $15 ($1 every 4 minutes). Yes, the soda costs more this week…INFLATION!…are you better off now or were you better off with cheaper soda last week? Show your work. (I’m pretty certain that second grade math is just too hard and I won’t see a reply).

THIS IS WHY YOU FAIL EVERY TIME BOOB. BECAUSE YOU DON’T UNDERSTAND WHAT YOU RANT ABOUT AT ALL.
GO TO SCHOOL AND LEARN THE BASICS.

bobknight33 said:

" it’s better by every single measure used to measure any economy."

Gas , food , cars, interest rates all cost more.

-Your dumber than a bag of hammers.

How Bad is The Cost of Living Squeeze In the US?

newtboy says...

Shows your delusion perfectly.
It’s not worse, it’s better by every single measure used to measure any economy.

Inflation has turned around and is down to 3.24% with wage gains outpacing it by almost double, and wage gains were the highest ever at 15.28 % in April of 2021 under Biden and a record low of -5.89% in April of 2020…who was president then? Low inflation doesn’t mean shit when unemployment is at record highs wages are actually going DOWN, shelves are bare, and GDP is NEGATIVE!!
Negative wage growth is the same as inflation…it lowers earning/spending power…so does losing 15-20 million jobs!
So, combine wage growth and inflation then average in the unemployed at $0 income to get average earning/spending power, you will see earning/spending power was much LOWER in 2020 under Trump even for those that kept their jobs…when you could actually find anything to buy that is. 🤦‍♂️
I know you don’t remember a hour ago, but many of us remember 2020, the terrible, horrible, no good, very bad year in so many ways ending in a coup attempt.

Good management turned what Trump left, a triple decker shit sandwich in a festering sewer and guaranteed recession at best according to every economist, into a boom so great inflation spiked higher than just thanks to Trump wasteful overspending and pure handouts to business owners with completely unregulated no background check no repayment PPP loans, but Biden’s fed handled it and inflation is barely above average and well below all other G7 nations by far.

You think the economy is worse now than record high unemployment record low wage growth record low gdp record discretionary federal spending and record business closures!?!…by what measure buddy? What measure? Inflation is down, earning power is up….WAY UP. Your feelings don’t mean shit….in fact, fuck your feelings snowflake.

bobknight33 said:

Inflation.

nuff said
Your old play book of blaming the previous administration is pure BS.
If Biden was handed a shit sandwich He has had 3 years to push policies to turn the ship around . But he hasn't It is worse.

bobknight33 (Member Profile)

newtboy says...

I’m not the Lord….but thanks for saying I am, even if unintentionally.

So, it’s more projection then….and more evidence english is your second language at best, and you failed the class, and that you’ve never passed remedial math.

Disgraced traitor and failed dictator tumescent Trump has had the worst week in court history, after testifying that “sure, he did the crimes” he’s set to lose hundreds of millions and all his businesses before going to prison at best, and is set to be in court for treason all through the election, and you just CAN’T admit it. Fortunately the court system doesn’t care if you believe, and neither do independents.

If only there was some undeniable metric to tell how the economy is doing, like GDP (up beyond belief from NEGATIVE 2.3% for Trump to 4.9%), or unemployment (holding at record lows of 3.8 down from 9% Trump left), or wage growth (at 5.3% well above inflation, up from 2.6% under Trump thanks solely to low wage earners losing far more jobs or it would be zero), or inflation numbers (down enough at 3.7% that the fed stopped raising rates) we could look at to see the trends.
So sad there’s nothing we can look at to see and so I guess we’ll just have to take your word for it. 🤦‍♂️

Can you tell us what measurements you use to determine that Bidenomics have failed, or by what measure Trumpenomics were successful? All I know for sure is they are not the normal ones used to evaluate economics because they all point toward Trump’s policies being disastrous and Biden’s being amazing, well above all predictions consistently, so I’m curious what they are.

Ugh…more of the failed lawyer posting from mommy’s basement. How many times will you let this guy make you look stupid before you stop posting his rantings?

The same polling he references said we were getting another red tsunami yesterday…but we didn’t, did we? Republicans lost almost every single contest, even many that seemed to be a lock. Don’t you find it odd that you think Trumpism is so much more popular but every Trump backed candidate consistently loses? Keep clinging to false hope, it’s done so well for you in the last 5 elections. 😂

Now, aren’t you going to explain the mathematics of inflation to me and explain why 75% inflation translates to 140% price increases? I want to learn, and I know you can teach me since you have a firm grasp of math.

bobknight33 said:

Lord you just love clinging to nothingness.

Here Just look at you failed POTUS and ponder that. That whats matter,

Biden is a failed POTUS.
Clear as day.
Bidenomics has failed. You just can admit it.

bobknight33 (Member Profile)

newtboy says...

And….
Unemployment still 3.8%
MONTHLY inflation is at .5%. Yearly down to 3.7%…better not worse.
GDP at 4.9%! WAY better, not worse.
The fed stopped raising rates before you wrote this two months ago. That’s better, not worse.
Wages- Wages in the United States increased 5.31 percent in September of 2023 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2023, reaching an all time high of 15.28 percent in April of 2021 and a record low of -5.89 percent in April of 2020.
That’s better, not worse.
https://tradingeconomics.com/united-states/wage-growth#:~:text=of%20Economic%20Analysis-,Wages%20in%20the%20United%20States%20increased%205.31%20perce
nt%20in%20September,percent%20in%20April%20of%202020.

Trump spent at more than double the rate Biden has, and lowered federal income by trillions…Biden’s spending is largely infrastructure investments (like roads, bridges, internet, etc) that historically pay off 100 fold in the long term, not handouts to billionaires that take the money offshore never to be seen again, or “walls” that are really useless fences that don’t slow the increasing undocumented immigration one bit. Biden’s spending is better for America, not worse.
Your point?

Keep fooling yourself, the proof is still in the numbers, and Bidenomics has turned the country around from the worst year in living memory in just about every way imaginable, Trump’s nightmarish 2020.

bobknight33 said:

3.8% unemployment will go up.
Inflation is not at 2.1% Going down yes but not at target.
FED still need to destroy jobs.
670K Full-Time Jobs Lost In 2 Months Vs 1 Million Part-Time Surge; Worst Unadjusted August Payrolls Since Great Recession.

Massive Government spending created this.

Keep fooling yourself . Biden economics are hurting Americans and it will get worse.

5 Facts About Trump’s Indictments

newtboy says...

Not sure what that has to do with Trump (the rapist) being indicted AGAIN, but…

3.5% unemployment …barely half what Trump left him with
3.2% inflation….half of what the rest of the western world has currently and <.7% above the historical average. 4.7% gdp growth … Trump’s last year was negative 2.3% growth
Stock market is up.
Wage increases are outpacing inflation.
Not sure what you’ve been told is so bad, but it isn’t…especially when compared with the previous disaster.

These are MASSIVE improvements from what he inherited, with all trends now positive.
Sure sounds like Bidenomics is great if you’re an American, or terrible if you’re Republican hoping for a recession to blame on Hunter. 😂

bobknight33 said:

And Biden economics is great???
NOT

The Biggest Science Story of the Week

newtboy says...

*doublepromote someone else finally noticing global dimming as a significant factor in global warming.

Global dimming from excess sulfur dioxide may be responsible for cutting the current excess anthropogenic heat in the system by between 15% to 50% depending on the study.
https://www.cnbc.com/2022/10/13/what-is-solar-geoengineering-sunlight-reflection-risks-and-benefits.html
What this means is, if we stop polluting tomorrow, the CO2 and other greenhouse gases will continue to warm us at the same rate for decades to centuries, but the sulfur dioxide that has blocked between .25 to 2 degrees Celsius temperature rise will be gone almost immediately, and a significant sudden rise in temp will be the result kicking off or feeding more feedback loops.

While it may seem he’s onto some global warming solution…just put more sulfur dioxide into the atmosphere…that ignores the lower growth rates and lost solar production it causes by deflecting a significant percentage of sunlight, both adding to net CO2 added to the system.
The incredibly scary part is the whitehouse and other international governments are actively researching ways to inject sulfur dioxide into the upper atmosphere despite knowing it has so many issues.

There’s no easy fix.

bobknight33 (Member Profile)

bobknight33 says...

Clearly you have shit for brains.
Tesla grows at 45%+ YoY
ICE manufacturers have been falling about 7% YoY in growth since late 2017.


You shit for brain takling points:
losing major market share -- ARE you on acid?

FACT they lowered prices 6 times -- thats true. -- Go find why.

FACT that now that they have competition,------ Where in your dreams.Ford GM VW ?? Not even close. by what measure are you using? The bolt is possible but it keeps catching on fire. BYD is the closest.


FACT that I called the crash before it happened -- Lets claim Bull shit. The market is tanking -- Yet to you Biden economy is on fire doing great .. Which is it nutboy?

Truth is, yet again you dont know what you are talking about.

newtboy said:

LOL. So I made a point to you, there is no one so uninformed. Nor is there another so devoid of knowledge and facts than yourself.

It’s a FACT they are still losing major market share at rates other car companies aren’t.
It’s a FACT they lowered prices 6 times now, and continue to drop in sales.
It’s a FACT that now that they have competition, they aren’t in demand and don’t hold their value like the competition does.
It’s a FACT that I called the crash before it happened while you were telling people to buy all in at over $400 per share, and I continued to warn it was insanely overpriced and a bubble waiting to pop….I was 100% correct. Economists expect it to continue to fall, Forbes indicates it may well be headed for $25 a share, definitely still falling.

I must follow Tesla better than you, because my predictions have come to pass and yours were all fantasy that never materialized. I think you listen to Elon, who has proven to be a total disastrous idiot who’s destroyed his own companies, not the tech genius he once appeared to be.
You simply cannot ever admit you were w-w-w-w-wrong. A sign of massive insecurity.

Um…operating margin dropped FROM 19% to 11%. Operating capitol dropped even more. Price drops aren’t improving slumped sales. Massive recalls are not only making customers unhappy, they are turning off new customers. Poor construction is not up to industry standards and new non Teslas are. Drivers assist has just been convicted on a $3 million injury/damage claim (with more in the pipeline while other companies roll out theirs.
Worst of all is Elon himself, who decided to become a public personality figure, exposing his far right politics to his left leaning customer base, his willingness to take any government handout while decrying them at every turn, his unbelievably bad business sense, his douchbaggyness and constant hypocrisy, and his penchant to pretend his best case scenario is a guaranteed future. He, more than any two factors combined, is responsible for the slump in sales and crash of Tesla and Twitter.

You blame the 2020 economy, but every other ev manufacturer is doing much better. You say they made 420000 cars q1 23…maybe true, but what good are they when they only sold 181,000. Making all those poorly constructed cars comes at a major loss. Derp.

bobknight33 (Member Profile)

bobknight33 says...

To the uninformed you make a point. One based on no knowledge of facts.
Truly you do not follow TESLA.

Stock fell mainly due to their gross margin only being 19%. Typically they they have been running at around 26%

The economy is sucking and adjustments are being made by Tesla.
On investor day they indicated that they would sacrifice gross margin in order to keep on the path of rapid growth. Their growth target is go from 2022 1.4 million to 2023 1.8 +million vehicles made. Q1 they made roughly 420K.




newtboy said:

ROTFLMFAHS!!
Tesla lost another 10% on Thursday…$51 billion in value…far more than other car companies….what are you going to blame for that?
6th price cut on cars this year.
Not competitive on the used car market either, other ev’s hold their value better.

bobknight33 (Member Profile)

newtboy says...

Every accusation an admission. Hate and hostility are 99.6% of your personality. It’s not 10% of mine. Good thing your head was otherwise empty or it might explode.

“No protesters go near me or my car.” “I might go to Dallas to shoot looters” “I might have to kill a few people on my way to work they are rioting outside my apartment complex.” All posted before he intentionally drove into a crowd of people and shot one preemptively 5 times with no return fire at all from the victim, proven in court with evidence, not on Twitter with lies and fantasy.

They showed he intentionally ran a red light to turn left into a crowd at speed on camera, then shot the first armed person he saw, who it’s been proven with photo and video of the incident that was presented to the jury never raised his barrel you absolute liar. The only one claiming that is the murderer. That’s not self defense, and the jury saw that clearly. Open carry is legal in Texas, seeing a gun is not grounds to open fire….in any state.

It would have been self defense to shoot him because he used his car as a deadly weapon to attack a crowd full of women and children, then again when he opened fire into the crowd he had just violently assaulted.

Come on over…I’ll gladly shoot you in self defense. No MAGA terrorists get near my home. I’ve got the knife to plant if you don’t bring your own, no problem. This public statement that I plan to do it is also no problem…Newsom will pardon me for killing a MAGA nut. Sounds nutty, don’t it? It’s your position, numb nuts, to you that’s self defense, a better case than his.

FACTS-
1,117,054 US Covid deaths.
-Trump’s own CDC said well over 50% were due to Trump’s (lack of) covid policies, so conservatively 558500 on Trump’s hands by his own estimate (I say he could have avoided 100% by not ending the pandemic response team program, or by simply closing travel from China, not just OF Chinese people)
405,399 American ww2 deaths including non-combat deaths
58,220 American deaths in Vietnam
-Total 463600 deaths from ww2 and Vietnam.

558500 dead from Trump > 463600 dead from war…above your math skills?

>1 million dead -32.9%GDP. 13% unemployment - Trump’s legacy
Covid addressed and under control soon, over +3.5-6% GDP GROWTH, 3.5% unemployment today - Biden’s legacy.

I beg you to disagree with any semblance of a point, not just

PS- Thank you Justice pubic hair Coke for guaranteeing the left wins the next election and likely expands the court after expelling Harlan Crow funded fake Democrats Mansion and Senema. Between this blatant corruption and erosion of established rights like a hose on cotton candy, the extremist far right activist court is illegitimate at this point and remains so until it’s cleansed of ANYONE taking unreported bribes and forced to accept ethics rules and independent enforcement, and can be ignored. Nothing requires Biden to enforce their decisions, and they have no power to.

bobknight33 said:

When will you head explode holding all that hate and hostility.
The Abbot pardon is a good thing. Self defense.
The White BLM crack had was pointing his AK47 at this guy.
Shooting this nut job is called self defense.


Shooting anyone is self defense is just fine with me.

AS for the rest of you delusional story ..
" More deaths than WW2 and Vietnam combined, more destruction of the economy .."

don't knwo what to say except you are way off the deep end . Get back on your meds please else you will be shooting someone .

Vox: America's car crash epidemic #shorts

bobknight33 (Member Profile)

newtboy says...

He’s already said he won’t step down, and has gop support. They can’t very well remove him for lying and stay themselves. there’s no way in hell the GOP thinks him lying about literally everything but his name (and has anyone checked on that?) is more important than his expected MAGA vote.

That’s good you cashed out, but absolutely disgusting that you continued to suggest others buy while you were cashing out. If you told the truth and were still buying at 400 for the long haul last year like you were shouting to anyone who would listen, you lost at least 1/3-1/2 your investment by selling around 200. If you had listened to many here instead of obstinately contradicting all advice, you would have doubled what you got out.

Just last week you were saying I was wrong when I said it was going to crash. You said it was a great time to buy. It’s crash has nothing to do with an imaginary recession and little to do with fed rate hikes, it’s pure mismanagement that tanked them. Tesla has crashed twice as hard as average car companies.

Wait….are you suddenly saying severe covid restrictions by China were lifesaving and absolutely the right thing? …and now that they’re lifting expect major disruptions and death? Who is this?

Amazon got hit, I don’t know why, I don’t have any (but might grab some) so haven’t watched it. Meta was never going to succeed, it was an idiotic idea to retry “second life” with billions invested and no demand.

Many growth stocks are growing. My portfolio is growing, not crashing.

Again, there’s no recession. You just want to pretend there’s one to blame Biden. GDP grew 3.2% in q3 and is expected to be 3.7% q4.

bobknight33 said:

Santos and all need to be vetted. Let him step down. America has enough elected lairs.


I sold 1/2 of Tesla at 240 , a lot more at 204 and the rest at 190. So I'm just in cash. If I were to by at today price I would obtain just about 2x the number of shares I sold.


Tesla down 11% today and IMO will continue to fall. Yet to see the up coming recession Q1 Q2, Yet to see implications of all the Fed Rate hikes. Should see this start to appear on upcoming Q4 results.

Now that China has lifted restrictions Mass Covid infections and deaths. This will also affect global economy.

Tesla is not the only getting the snot beaten out of them. Amazon , Meta and all others taken hits. Growth stock getting harder.

This is a great opportunity. Take advantage of this upcoming recession and buy you favorite stock at steep discount.



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