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#1 MikeyG

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Posted 21 August 2023 - 08:01 AM

If rates keep going up...

 

High rates equal lower PE multiples.

 

Having a multiple over 20 is a recent phenomenon over the last 20 years of lower rates. 


Edited by MikeyG, 21 August 2023 - 08:01 AM.

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#2 K Wave

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Posted 21 August 2023 - 09:26 AM

UTES fresh 2023 lows...it not like they led the last 2 giant bear legs in the last 20 years or anything rolleyes.gif

 

That chart is terrifying...unless you are short since the turn at 940, eh?

 


Edited by K Wave, 21 August 2023 - 09:26 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#3 K Wave

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Posted 21 August 2023 - 09:31 AM

And perhaps the poster child for the debt ponzi, Autozone now looking very close to the first big break, while longer term momo is now shot....

 

Sweet little initiation throwover....as bear moves LOVE to get started that way

 

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 linrom1

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Posted 21 August 2023 - 09:37 AM

Someone --pretty soon - will need to call 911. All banana republics have these things in common: worthless bonds yielding double digit interest rates; rising interest rates and falling currency. US will be no different perhaps, worse.

 

Did you follow what happened in Maui with public water? There are reservoirs and canals full of water held in reserve for some people(Democrat donors) while native lower income Hawaiians  homes were allowed to burn down becasue water and electricity was cut off. That's why Biden said "No Comment", he knew.


Edited by linrom1, 21 August 2023 - 09:39 AM.


#5 K Wave

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Posted 21 August 2023 - 09:54 AM

Someone --pretty soon - will need to call 911. All banana republics have these things in common: worthless bonds yielding double digit interest rates; rising interest rates and falling currency. US will be no different perhaps, worse.

 

Did you follow what happened in Maui with public water? There are reservoirs and canals full of water held in reserve for some people(Democrat donors) while native lower income Hawaiians  homes were allowed to burn down becasue water and electricity was cut off. That's why Biden said "No Comment", he knew.

 

In the name of "equity"...how we got complete morons in charge of so many things is shocking...we were asleep at the wheel...but lots of folks now waking up, thankfully.

Hopefully it is not too late.....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 steadyquest

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Posted 21 August 2023 - 12:03 PM

What is UTES?



#7 jacek

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Posted 21 August 2023 - 12:14 PM

Utilities

 

What is UTES?

Utilities



#8 steadyquest

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Posted 21 August 2023 - 12:22 PM

Again - what is UTES?  (specifically)



#9 MikeyG

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Posted 21 August 2023 - 12:36 PM

Again - what is UTES?  (specifically)

 

There is different ways to gauge utility stocks, XLU is probably the most common...


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#10 steadyquest

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Posted 21 August 2023 - 12:40 PM

"how we got complete morons in charge of so many things is shocking"

We should stop thinking in these terms.  'Moronic' implies foolishness or stupidy - argualbly innocent behavior.  Not very likely.  The people in charge got there somehow - it's doubtful they are stupid.  Greedy?  Corrupt?  Criminal?  Much more likely...