Are we owner operators really stuck around 2 bucks a mile?

I agree with you. I think a big relief was selling your truck I assume, offering some sort of control over the conditions of the economy.

sold my 06 century with 1.3m miles rebuilt for 26k, felt so much relief to be out of the trucking world.

 

Speaking of money and politics! Did anybody watch the markets yesterday? Jerome Powell’s speech dropped everything by over 3%. If you playing right betting against the market, you could’ve caught sooo many opportunities to 3x-42x your money in a day. 20th biggest single day drop in SP500 history.

 

This is all of 2022. Large downtrend is in play. For anyone who holds their retirement in the general large market etfs etc….expect some sharp declines in your portfolios. September/October are historically the worse months for bullish sentiment.

 

And here’s the same chart on a monthly scale since around 09. Prepare for some deep red for a while

 

And for you all with retirement portfolios. That long bull run we saw in 2020-21 was the result of billions of quantitative easing from the fed. (They pumped the market each month). Now what the fed is doin is 90billion quantitative tightening each month with no pivot in decisions in sight. (Which btw has never been done on that large of scale) Options are to ride the wave down, or sell out and buy back near the bottom

 

This is the result of quantitative tightening. They were at 50billion a month. 2018 October-Jan 2019. And with our current economy + 90billion A MONTH tightening. Look out below y’all. Btw, money is also made on the way down.

sorry everyone lol

 

Also side note, pope Francis has ordered all Vatican affiliated entities to transfer all money to the Vatican bank and to “pull out” essentially. By sep 30

 

We refer to that as the "PICKLE NOSE".

Linebackers need mom's too ok?

 

Bro. Listen. To be honest.

Freights, I mean rates, have crashed, and fuel is to the moon.

 

Happy now?