TFK Capitalist Thread

Who fucking knows it. Facebook smashes expectations yet again. Likely to open @ 118.50 at least. Traded about 99.50 the day I posted that. :sunglasses:

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Job losses at Intel. Not sure how many will be in Ireland yet.
Confirmed: Intel to cut jobs in Ireland http://jrnl.ie/2740115

Joan Collins just confirmed herself as a moron.

http://www.transdevireland.ie/LuasCareers.html

Fantastic, Transdev are launching a recruitment drive to hound out the current workshy employees.

Could be a good opportunity for Sid to get off the scratcher.

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Saudi oil minister fired. Could signal a change of direction and significantly higher oil prices ahead.

Good news for the markets so…

Should be unless Friday’s weak US jobs report develops into a trend. The US markets are at a real crossroads now, unless a new high is made shortly we could see a sharp decline over the summer as the sell in May crowd gain the upper hand.

I was talking to a guy who works in a sector that’s a decent indicator of how the economy is going and he reckons we are hitting a bit of a dip at the moment. That the past 3 months there has been a serious slow down and that if the US economy worsens things could go bad here pretty quick.

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Who’s your guy, what’s the sector, why all the hush hush, sweep sweep?

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Is this that impetuous young prince or is it a lackey? Without have bothered to read up on the story, I’ll guess it’s the latter.

The prince would be the one who wanted him out I imagine. He of the grand $2T rebuilding plan to switch Saudi over from oil to something something (selling sand to neighbors?). The replacement is the chairman of Aramco so the prince will be able to directly withdraw the $2T with his debit card. They are so fucked, Elon Musk will revert them back to goat herders.

Will that IPO actually go ahead though?

The banks must be licking their lips at the bps fees off that.

We have been in an industrial recession for almost a year now. The only thing holding up the markets are the central banks and they are not just out of ammo but now shooting themselves (and us) in both feet. The Dow Transports index (DJTA) is generally a good predictor of where the broader market is headed.

Don’t worry, Trump will sort it all out starting by firing that fat cunt Yellen.

I’d say the West will be only too happy to lead the cunts to oblivion. It could be the biggest bust in history, offering less value than Twitter.

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Manchester City must be about to go on a spending spree

Real consumer stuff such as grocery and alcohol in Ireland is flat or dropping this year from last year (see numbers for a whole host of consumer brands through my workplace). Cars and some luxury items are up but this wont continue without more take-home pay. Banks are still lending at 5 year money even if they are pushing the boat out to allow lower repayments and bullets. There is no significant capital spend taking place, one motorway, some offices in Dublin, no manufacturing or logistics build, no transport facilities and very little housing.

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Are TFK calling it that Ireland will enter recession by year end ?

If the US enters a recession Ireland will be in one about an hour later. Jury is out on the US for 2016 or 2017 but economists are always divided and frequently wrong.

Woah, ballsy post there mate, you sure you wanna commit yourself that much?

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The ballsy guys are sitting on the fence (in the caymans or the ifsc)