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Strategies & Market Trends : Value Investing

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To: JohnyP who wrote (71516)11/4/2022 11:56:48 AM
From: Madharry  Read Replies (3) of 78751
 
Management of MAC has been disappointing.

qRATE (hsn etc) reported poor results. They too have inventory issues and were hurt by the dollar rise. Their current level of debt makes their long term survival a crap shoot. I will keep what i have and hope for the best.
despite the low level of shareholder equity they are only using to cash to repurchase debt.

I live in a sunbelt state. and the complaints i hear are not about making ends meet or reduced standard of living or people losing their job. I hear people bitching about the cost of gas and food. so i am curious about your median statistic that you wrote. where did that come from? Fox? In my view the biggest risk of recession is the makeup of congress changes and the funding for bills passed by the current admin gets cut off. in fact I heard that there is some plan afoot where under $250 000 income people would not have to pay taxes on their social security that would be a huge lift to the economy.

So far all the people who have raised cash have been right and I have been wrong.
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