In the News II

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April 24th, 2023 at 2:29:30 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4239
First Republic Bank's (FRC) total deposits (see link below).

Getting crushed after market.

Was up 12.2% during the market and was down 20% for the day including post-market.

Some buyers are moving in around the mid $12s.

It could be much worse, but the chart tells us a story.

Laying off 25% of workforce.

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https://imgur.com/qmtKhda

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April 25th, 2023 at 12:40:20 PM permalink
Tanko
Member since: Aug 15, 2019
Threads: 0
Posts: 2470
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out
April 25th, 2023 at 12:46:06 PM permalink
terapined
Member since: Aug 6, 2014
Threads: 76
Posts: 12501
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

On the flip side
High earners get all the tax breaks
This would be news if high earners actually paid 43%
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
April 25th, 2023 at 12:55:14 PM permalink
ams288
Member since: Apr 21, 2016
Threads: 29
Posts: 13466
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.


Good!

I’d bet this idea is more popular than any single GOP policy position.
“A straight man will not go for kids.” - AZDuffman
April 25th, 2023 at 1:00:56 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out


He does not understand that this will kill investments.

Ah well, depression but no more mean tweets!
War is peace. Freedom is slavery. Ignorance is strength
April 25th, 2023 at 1:02:39 PM permalink
ams288
Member since: Apr 21, 2016
Threads: 29
Posts: 13466
Quote: AZDuffman
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out


He does not understand that this will kill investments.

Ah well, depression but no more mean tweets!


Pretty sure Duffman predicted a depression when Obama won reelection back in 2012 too…
“A straight man will not go for kids.” - AZDuffman
April 25th, 2023 at 1:14:46 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4239
Monthly chart of FRC (see link below).

Can click on the image to expand it.



She closed a little less than down 50% today.

There's support at $6.86 but I'd stay away from it.

By the way, their HQ is in San Fran (they are different there).

This is the firm large banks already injected $30B not too long ago.

POOF!

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https://imgur.com/utVAvgK

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April 25th, 2023 at 1:39:16 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4239
Quote: AZDuffman
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out


He does not understand that this will kill investments.

Ah well, depression but no more mean tweets!




It'll be against the law to hurt someone's feelings.

So watch for intimate partners recording on devices to be presented in court.
April 25th, 2023 at 1:43:46 PM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 137
Posts: 21195
Quote: DoubleGold
Quote: AZDuffman
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out


He does not understand that this will kill investments.

Ah well, depression but no more mean tweets!




It'll be against the law to hurt someone's feelings.

So watch for intimate partners recording on devices to be presented in court.


The greed of pols like Biden is amazing. I mean, when is enough enough?

It is nearly against the law to hurt feelings now. They just call it "hate speech."
War is peace. Freedom is slavery. Ignorance is strength
April 25th, 2023 at 1:46:27 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 34
Posts: 4239
Quote: AZDuffman
Quote: DoubleGold
Quote: AZDuffman
Quote: Tanko
Biden wants to raise the top capital gains tax to 43% for high earners.

Biden Spells it out


He does not understand that this will kill investments.

Ah well, depression but no more mean tweets!




It'll be against the law to hurt someone's feelings.

So watch for intimate partners recording on devices to be presented in court.


The greed of pols like Biden is amazing. I mean, when is enough enough?

It is nearly against the law to hurt feelings now. They just call it "hate speech."



Communism.

Coup d'etat.