Soo Schreiber

@theficouple I personally believe that your mortgage payment should not be more than a third of your take home pay—not gross.

Hot take: If you want a $500,000 home but make less than $160,000/yr? You cannot comfortably afford a $500,000 home. ...Do you agree?

@VladTheInflator Ive been saying this for a while: the ugly truth is that to force people out of low interest rate mortgages they have to lose their job

Reminder, employment is what kicks off home price collapse

@WallStreetApes Like the Olympics

Freedom of Information Act request shows governments are naming one sided deals with FIFA costing taxpayers billions while all the profits generated go to FIFA The deals even include secret tax exemptions so FIFA won’t have to share any of their profits Another report shows taxpayers never get back the money by tourism, “12 of the last 14 World Cups have lost money for their host nations” This is another example of socialized losses and privatized profits Taxpayers pay for the stadium upgrades, security and everything that goes along with FIFA, and FIFA gets to keep all the profits for themselves Everything is a scam I found that nationwide in America taxpayers could lose $5 billion dollars with these secret deals, while FIFA is expected to gain $13 billion

@CuriosityonX ICU

What NAME would you give to this planet?

On April 20th 2020, something "impossible" happened: oil futures prices crashed through the floor, settling at MINUS $37.62 a barrel The reason? Because of lockdowns, demand for fuel crashed, oil tanks filled up, and no storage space was left, so those who held oil for delivery had to dump contracts at any price. Important to notice how, in 2020, speculative traders were positioned heavily long on Oil futures under the assumption lockdowns would not have lasted long and demand quickly spiked as soon as they were lifted, propping up the depressed crude oil prices. What would it take for the exact opposite to happen and for oil prices to suddenly skyrocket? Logically speaking, the answer is: SPR, Commercial, and Cushing inventories all at critical lows at the same time while demand remains strong and supply is in deficit. Does anything I said sound familiar? Of course it does, because that's exactly where we are right now. Those who say all-time low SPRs don't matter might be right. Those who say low commercial inventories do not matter might be right. Those who say Cushing hitting tank bottoms do not matter might be right too. Yes, they might be right if you consider these factors in isolation. The problem is that all-time low SPRs, low commercial inventories, Cushing about to hit tank bottoms, while demand remains strong (otherwise monster drawdowns would not happen) ARE ALL HAPPENING AT THE SAME TIME. Beware: trading models are always based upon what happened in the past, but they aren't the right tool to try to predict something that never happened for the simple reason they have no data points to be built on. This is the reason why those who just looked at their models and charts could not see coming what happened in 2020. The same is happening today; that's just how the system works. Furthermore, opposite to what happened in 2020, speculative traders are holding a significant amount of short positions, effectively betting against the laws of Mother Nature, exactly like in 2020.

@LeylaKuni I still don't understand 67...

it’s come to my attention that many of you don’t speak Gen Z/Gen Alpha/whatever comes after. as a parent of 3 such individuals, let me help you out: dip = get out of here mog = to completely outclass someone rizz = derived from the word "charisma" which none of our subjects can spell ate = did something extremely well bruh = a term of endearment, sometimes affectionately used on parents npc = non-playable character. Someone very low on the rizz scale finna = going to (??) -- this one took me a while to decipher what did I miss?

@magills_ @SteveSkojec 😂

Elon is now worth a trillion dollars which means Dave Ramsey may actually be okay with him buying a new car at the sticker price.

@Cooking4Company @financedystop And dont have to pay health benefits

@financedystop @sooschreiber Simple. Elderly workers on a fixed income work for less than someone under 25.

Hiring for workers under 25 is reportedly down 45% since 2019, while hiring for workers over 65 is up 80% Is there any logical explanation for this?

@Rainmaker1973 You call it empathy...I think that little sh*t is mocking him 😆

A young man breaks his leg… And his hamster copies him. Sometimes empathy speaks louder through tiny paws than through words.

I think AI is being scapegoated re tech layoffs. People need to remember that big tech was literally hoarding talent--there is no way that is sustainable long term.

@RealTraderJill In 2019 I was cursing my new house because both the air conditioner and heater had to be replaced. In hindsight--blessing in disguise; I got pre-Covid pricing and both were replaced for less than $10k total. Today's prices are brutal.

I just spent $7995.00 on a new AC unit that won't be installed for 3 days in the middle of Summer in Florida and I'm kind of salty about it.

@kurtsaltrichter @ycharts There are so many differing opinions on equal wtd ETFs...they can outperform but it's limited windows of opportunity

$RSP just made a new high, and equal weight is now beating the cap weighted $SPY on the year, 10.51% against 8.78%. We moved core models into RSP over SPY on the first trading day of 2026. Same 500 companies, different math. Our thinking was SPY puts 80% of your money in giant and large caps and 37% in tech alone. RSP holds 60% in mid caps and half the tech weight and our view on 1/1 was that the less capitalized players would take the lead in 2026. Time will tell.

@theficouple I locked in 2.375

This was a once in a lifetime home buying opportunity. …did fear make you miss it?

20% of home sellers who bought in 2022-2023 are now asking for less than they paid In Austin, TX, 60% of sellers who bought in 2022-2023 are asking less than they paid And this is just asking price…not final sale price 😳😳😳

A new scientific analysis warns that the Colorado River Basin could face a “system crash” as early as 2028, threatening water supplies for roughly 40 million people across the American Southwest. The nation’s two largest reservoirs, Lake Mead and Lake Powell, are continuing to decline at an unsustainable rate despite conservation efforts. Experts point to chronic over-allocation, persistent drought, and rising temperatures as the main drivers, creating an annual structural deficit of approximately 2.6 million acre-feet of water. With 2026 shaping up to be one of the lowest runoff years on record, another dry year could push the reservoirs toward “run-of-the-river” operations. At that point, they would lose most of their storage capacity and simply pass through whatever water flows in from the river, severely limiting their ability to deliver water or generate hydropower. This would have major consequences for drinking water, agriculture, and electricity generation in seven U.S. states and parts of Mexico. Researchers describe a “ratchet effect,” in which occasional wet years provide only temporary relief before long-term overuse and climate pressures resume the downward trend. Since peaking in the late 1990s, the two reservoirs have lost a massive share of their combined volume. Experts stress that avoiding a full collapse will require permanent, significant reductions in water use across the basin, far beyond temporary conservation measures, because natural weather variability can no longer compensate for the system’s deep structural imbalance. [University of Colorado Getches-Wilkinson Center for Natural Resources, Energy, and the Environment]

@TheAlphaThought I'll add credit breaks

Here’s a question I get asked all the time. "What is the specific event that would finally break this market?" There are 3 real candidates. And right now, none of them have fully arrived, but only one is getting closer. Keep reading:

@ThrillaRilla369 MySpace

Anyone who surfed the early web between 1995-2009, what’s the one website you still think about?

@kurtsaltrichter I said the Fed should have started raising rates after 2017

On this day in 2017, the five largest tech stocks lost $97.5 billion in market value in a single session. The Nasdaq dropped 2.4%, with Facebook and Apple each falling 4%. Goldman Sachs had released a note that morning comparing FANG valuations to the dot-com bubble and warning that their volatility had become "extraordinarily low." The sell-off was sharp enough to feel like a turning point. The S&P tech sector fell 3.3% while the Dow actually hit a new record the same day, rising 0.42% to 21,271. The divergence spooked people who thought the rally had gotten too narrow and too dependent on a handful of names. It wasn't a turning point. Tech resumed climbing within days, and the same five stocks Goldman flagged went on to dominate the market for the next seven years. The note became one of those calls that was directionally interesting and completely wrong on timing. FANG's "extraordinary" low volatility was just getting started.

Share of households expecting a worse financial situation a year from now moved up in May according to @NewYorkFed Survey of Consumer Expectations