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Today, 06:55 AM | #14071 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Weight Watchers (WW) is down to .89 and is laying off a bunch of people and is cutting 100M in expenses.
GLP-1 killed weight watchers. Interesting. |
Posts: 57,311
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Today, 07:45 AM | #14072 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
I didn't think about the drugs killing Industries like this. You'd think that people would still want the social support and diet support. |
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Posts: 142,124
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Today, 07:49 AM | #14073 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Today they're walking amongst the bodies and shooting anything that's still moving.
The past two weeks have been absolutely brutal. I have blood flowing from every financial orifice. My strategy of buying CDs for the past year has been great, but I've got enough tech that I'm still losing my shirt. Last edited by Rain Man; Today at 08:10 AM.. |
Posts: 142,124
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Today, 07:49 AM | #14074 |
You gotta kill a few people
Join Date: Sep 2007
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I read that even Oprah started taking Ozempic after yeeears of endorsing Weight Watchers. If true, had to be a killer for their clout.
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Posts: 45,013
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Today, 08:14 AM | #14075 |
Fish are scared of me
Join Date: Nov 2001
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This is when monthly dividends really shine. The NAV erosion of everything else has no way out.
NVDY and AMZY I'm adding MOAR! |
Posts: 40,590
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Today, 08:18 AM | #14076 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,590
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Today, 02:51 PM | #14077 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Mag 7 selling off on ERs, unfavorable job report, Amazon less than stellar earnings, dollar weakening even further.....recession looming???
We could see an actual correction, which is needed. We are only down 5.8% from ATH. I won't suggest bear market (20% down) but there's a lot of indicators flashing louder than they have in the past few years. Last edited by lewdog; Today at 03:02 PM.. |
Posts: 45,874
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Today, 03:13 PM | #14078 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,124
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Today, 03:27 PM | #14079 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Definitely, could just be a much needed correction. This year we extended way too much and it couldn't last forever. Hope that's all it is but we shall see.
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Posts: 45,874
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Today, 03:41 PM | #14080 |
Fish are scared of me
Join Date: Nov 2001
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Get ready for Mortgage defaults to start hitting. People that bought 4 years ago with variable rate loans bought what they could afford at the time. Now they are struggling if they got an adjustment. I've got 5 mortgages left on rentals that all adjusted in the last 12 months from 5% to 8.75%. I can raise rents, but people with a home mortgage just have to get a 2nd job. Meanwhile the property taxes have increased as well as fuel and groceries. Banks are going to get wrecked shortly or another bailout. Never ends.
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Posts: 40,590
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Today, 03:47 PM | #14081 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 45,874
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