Calzone
Gear Whore #1
A complete “red-screen” where even Gold and Oil went down indicates mass selling and going to cash.
J.B. Hunt, a trucking company, took a hit with slow shipping demand that suggests a slow down. Shipping companies as well as the DOW Transport Index are used as a leading indicator that forewarns of an economic slowdown.
“Maggie” asked me to explain how transport companies can be a leading indicator when retail sales are high/up.
Pretty much retail sales can be up on stock on hand and current inventory, but pretty much during a slowdown inventory is not replaced. There is a delay before the markets take notice that there is a slowdown. Retail wants to eliminate inventory for cash flow and basically not get caught out. Pretty much they want to stay in business.
Interest rates look to to linger longer at present rates, and to control inflation even higher rates might be required. The FED has a limp dick, but still someone is going to get FXXX’ed.
Even housing starts are down, meanwhile the housing shortage did not go away. Rents are also going down. WTF?
My idea is money is tight because of debt loads. Consumer credit, school loans, car loans are heading into default. Even I noticed more foreclosures on homes.
There are reports that people are selling their gold today to pay bills…
Hmmm…
Today I went to buy some lumber to build a free standing trellis of my own design for our maturing Clematis to climb. “Maggie” bought this el Cheapo pyramid made of willow that was a throw away. I hate when she cheaps out and wastes money on cheap crap. The biggest insult to me is when the crap she buys is Made in China.
Not being racist here: I’m of Cantonese descent; so technically I’m Chinese myself.
I ran into my friend Brian who works at Home Cheapo in the garden section, but is employed by a vendor and somehow is embedded there.
The prices of garden soil is up about 50%, and peat moss is priced at $23.00 for the large bail. This is crazy. Brian suggested ordering a truckload of garden soil from a nursery, but with the stipulation that it would be soil that had enough organic matter for growing.
Brian also mentioned Adam’s Fair Acre Farms as the best location to buy plants and seedlings as far as price and quality. The nearest one was in Wappinger Falls, so we took the ride. Pretty much a big grocery store that was worth the drive because of not only garden supplies, but also the food prices were better and evidently the produce was more local, higher quality, and fresher. I kinda loved the prices.
Since we were about 23 miles north of Peekskill we decided to head to Poughkeepsie a river city of about 31K, just a bit bigger than Peekskill. Instead of having the town of Cortlandt as a suburb Poughkeepsie had the “Town” of Poughkeepsie. When you added the city and town together you get around 77K.
The thing that differs is that the Town of Poughkeepsie is more suburban than Cortlandt. Know that Cortlandt in some parts is very country like with homes spread out on 2-3 acres. This is particularly true just south of my Baby-Victorian on the very souther end of Peekskill.
In Poughkeepsie our destination was the sister store of the one we visited in Hudson over the weekend. In Hudson we had a time constraint and were rushed because we had to meet up with Eugene and Ala.
I saw that Poughkeepsie the city was like a slighty bigger Peekskill with the Mid-Hudson Bridge making it a bit of a hub in between Albany and the Catskills. The Empire State Trailway runs to Poughkeepsie and pretty much the Walkway Across The Hudson is part of it. Pretty much I could ride to New Paltz.
Hmmm…
The City of Poughkeepsie also has diversity. Something to consider if you are a person of color. Standing out is one thing, but being the only minority one has to be aware of your surroundings. A certain loneliness is there if you like it or not.
Hmmm…
Pretty much the prices of old historic homes was still cheap, and Vassar has a medical center that is rated in the top 50 in the country.
Hmmm…
I smell the possibility of locking in equity by a possible future move. I could get more land, a bigger house, a usable basement, and perhaps loose my mortgage or inherit a much smaller mortgage. Peekskill is such a hot market, I could lock in profits and buy another cheap home to fix up.
The move could be more into the downtown making the transition to aging in place easier. Poughkeepsie is the terminal stop on the Metro North Hudson line so pretty much I still could take the train into NYC.
Other infra structure important to me is having a sewer hook up and natural gas. The bridge across the Hudson means the Catskills are closer. Cost of living is less, food is fresher, locally grown, and of the UBER highest quality.
Woodstock is nice, but no sewers, no natural gas, no downtown, and not walkable. I see the wisdom of cities with their infrastructure. Did you know that cities actually have a smaller footprint ecologically than rural or suburban lifestyles?
I learned from the stock market that only when you sell do you lock in profits. Peekskill is the most northern rivertown in Westchester, and the demand is high because of location-location-location. Still only an hour’s train ride to NYC. This is of no value to me: I’m retired. Why pay high taxes when I don’t have to? Did you ever hear the expression,” No one ever got rich by paying taxes?”
So if I could sell and buy again to gain financially and find a replacement as nice or better it could be a win-win. Poughkeepsie is about 32 miles north of Peekskill. It also is a college city with Vassar and Marist as well as a community college. I forgot also the Culinary School of America.
Anyways lots to consider, not that I’m in a pinch, but I think I have a position of power and profit. I would only move/sell if I would profit greatly where my mortgage would be tiny or even non existent; and the future house would match what we built out or be better.
I live in the realm of possibilities. Lately we seem more immersed in the downstate state of mind that is more relaxed than the pace of NYC. I love the quality of life, the peace, and the lack of complications and bother.
Our circle of new friends are in the Hudson Valley all north of us, although we are embedded in the Peekskill art scene. We would be closer to Kingston, Rynebeck, Woodstock and Hudson. Still not too far from Peekskill.
Hmmm…
Cal
J.B. Hunt, a trucking company, took a hit with slow shipping demand that suggests a slow down. Shipping companies as well as the DOW Transport Index are used as a leading indicator that forewarns of an economic slowdown.
“Maggie” asked me to explain how transport companies can be a leading indicator when retail sales are high/up.
Pretty much retail sales can be up on stock on hand and current inventory, but pretty much during a slowdown inventory is not replaced. There is a delay before the markets take notice that there is a slowdown. Retail wants to eliminate inventory for cash flow and basically not get caught out. Pretty much they want to stay in business.
Interest rates look to to linger longer at present rates, and to control inflation even higher rates might be required. The FED has a limp dick, but still someone is going to get FXXX’ed.
Even housing starts are down, meanwhile the housing shortage did not go away. Rents are also going down. WTF?
My idea is money is tight because of debt loads. Consumer credit, school loans, car loans are heading into default. Even I noticed more foreclosures on homes.
There are reports that people are selling their gold today to pay bills…
Hmmm…
Today I went to buy some lumber to build a free standing trellis of my own design for our maturing Clematis to climb. “Maggie” bought this el Cheapo pyramid made of willow that was a throw away. I hate when she cheaps out and wastes money on cheap crap. The biggest insult to me is when the crap she buys is Made in China.
Not being racist here: I’m of Cantonese descent; so technically I’m Chinese myself.
I ran into my friend Brian who works at Home Cheapo in the garden section, but is employed by a vendor and somehow is embedded there.
The prices of garden soil is up about 50%, and peat moss is priced at $23.00 for the large bail. This is crazy. Brian suggested ordering a truckload of garden soil from a nursery, but with the stipulation that it would be soil that had enough organic matter for growing.
Brian also mentioned Adam’s Fair Acre Farms as the best location to buy plants and seedlings as far as price and quality. The nearest one was in Wappinger Falls, so we took the ride. Pretty much a big grocery store that was worth the drive because of not only garden supplies, but also the food prices were better and evidently the produce was more local, higher quality, and fresher. I kinda loved the prices.
Since we were about 23 miles north of Peekskill we decided to head to Poughkeepsie a river city of about 31K, just a bit bigger than Peekskill. Instead of having the town of Cortlandt as a suburb Poughkeepsie had the “Town” of Poughkeepsie. When you added the city and town together you get around 77K.
The thing that differs is that the Town of Poughkeepsie is more suburban than Cortlandt. Know that Cortlandt in some parts is very country like with homes spread out on 2-3 acres. This is particularly true just south of my Baby-Victorian on the very souther end of Peekskill.
In Poughkeepsie our destination was the sister store of the one we visited in Hudson over the weekend. In Hudson we had a time constraint and were rushed because we had to meet up with Eugene and Ala.
I saw that Poughkeepsie the city was like a slighty bigger Peekskill with the Mid-Hudson Bridge making it a bit of a hub in between Albany and the Catskills. The Empire State Trailway runs to Poughkeepsie and pretty much the Walkway Across The Hudson is part of it. Pretty much I could ride to New Paltz.
Hmmm…
The City of Poughkeepsie also has diversity. Something to consider if you are a person of color. Standing out is one thing, but being the only minority one has to be aware of your surroundings. A certain loneliness is there if you like it or not.
Hmmm…
Pretty much the prices of old historic homes was still cheap, and Vassar has a medical center that is rated in the top 50 in the country.
Hmmm…
I smell the possibility of locking in equity by a possible future move. I could get more land, a bigger house, a usable basement, and perhaps loose my mortgage or inherit a much smaller mortgage. Peekskill is such a hot market, I could lock in profits and buy another cheap home to fix up.
The move could be more into the downtown making the transition to aging in place easier. Poughkeepsie is the terminal stop on the Metro North Hudson line so pretty much I still could take the train into NYC.
Other infra structure important to me is having a sewer hook up and natural gas. The bridge across the Hudson means the Catskills are closer. Cost of living is less, food is fresher, locally grown, and of the UBER highest quality.
Woodstock is nice, but no sewers, no natural gas, no downtown, and not walkable. I see the wisdom of cities with their infrastructure. Did you know that cities actually have a smaller footprint ecologically than rural or suburban lifestyles?
I learned from the stock market that only when you sell do you lock in profits. Peekskill is the most northern rivertown in Westchester, and the demand is high because of location-location-location. Still only an hour’s train ride to NYC. This is of no value to me: I’m retired. Why pay high taxes when I don’t have to? Did you ever hear the expression,” No one ever got rich by paying taxes?”
So if I could sell and buy again to gain financially and find a replacement as nice or better it could be a win-win. Poughkeepsie is about 32 miles north of Peekskill. It also is a college city with Vassar and Marist as well as a community college. I forgot also the Culinary School of America.
Anyways lots to consider, not that I’m in a pinch, but I think I have a position of power and profit. I would only move/sell if I would profit greatly where my mortgage would be tiny or even non existent; and the future house would match what we built out or be better.
I live in the realm of possibilities. Lately we seem more immersed in the downstate state of mind that is more relaxed than the pace of NYC. I love the quality of life, the peace, and the lack of complications and bother.
Our circle of new friends are in the Hudson Valley all north of us, although we are embedded in the Peekskill art scene. We would be closer to Kingston, Rynebeck, Woodstock and Hudson. Still not too far from Peekskill.
Hmmm…
Cal
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