Inflation drops from 9.1% to 8.5%

[TheGrinch]

stocks to da moon!!!


not allowed to go down..


100% up room to go with ZERO risk FREE MONEY $$$$


Wait for HUGE 1pt /ES dip...
Buy with reckless abandon
Collect free money $$$

[Rambone]

stocks to da moon!!!


not allowed to go down..


100% up room to go with ZERO risk FREE MONEY $$$$


Wait for HUGE 1pt /ES dip...
Buy with reckless abandon
Collect free money $$$

"Free!"

[Coach is Back!]

Is this speculation on your part or is there any official statement from the FED to suggest that quantitative easing will be towards food?

Let me know and thanks!

"1"

Remember when I said “Don’t be a Krugman”? Seems I was dead on

[Marty Champions]

Metals still hurt going down but they’ll rally for years once the dust settles. Copper and silver is what I’ll be looking at but paper contracts only. I did physical back in 2011 and it only served to be a total waste of time. Agriculture just buy an ETF and buy big mining shares, BHP etc.

Dotcom took 24mths to play out which takes us to Jan 2024. Multiple legs down.

GFC took 17mths to play out which takes us to May 2023. A few small dumps with one large final capitulation. Takes us to 2,100 range S&P if it’s truly bad otherwise 2,800-3,200.

We are currently tracking to the GFC movement but our capitulation event is around Jan 2023 timeframe.

History tells us once over 5% inflation, rates rise to meet CPI for multiple years before coming down. Every, single, time.

Meanwhile The bond market is pricing in rate cuts in Jan which the market is also supporting. Something never done in history they are saying the Fed will do.

On the contrary if CPI stays sticky at 7%-8% then rates will go up to 7%-8% and we will know true pain.

lets be real the numbers mean fuck all prices on everything are still high and the future will basically be the same

[Mayday]

lets be real the numbers mean fuck all prices on everything are still high and the future will basically be the same

The numbers provide direction of trend and strength.

One of the best indicators on the planet for the rich and the most argued that it’s wrong by the poor.

[Marty Champions]

The numbers provide direction of trend and strength.

One of the best indicators on the planet for the rich and the most argued that it’s wrong by the poor.

not really they own the game when they can adjust all these numbers leading you on a wild goose chase. They can favor and change the favor in the market overnight when you make the rules

[Primemuscle]

5 % inflation in 12 months. In 3 years, people will stop talking about it, and it will no longer be an issue.

I hope you are right. My question is this, do retirees like me ever catch up when their COLA's are fixed at 2%. In order for it to become a non-issue for us, inflation would have to become deflation. 

[Gym-Rat]

.

[Primemuscle]

Does this mean Joe's 2021 reported net worth went down from $8 mil to $4 mil?

Well not exactly; $7 million of it covered taxes, another $1.3 million went to charity, $180,000 paid for household staff and an estimated $80,000 went toward interest on mortgages. Take those items out and you’re still a few million more Biden’s estimated net worth.

People lie.

[Mayday]

I hope you are right. My question is this, do retirees like me ever catch up when their COLA's are fixed at 2%. In order for it to become a non-issue for us, inflation would have to become deflation.

5% and then we move to 15%-20-% in 2030 or so and rates follow.

There is no escape for anyone.

As proven in Europe, even if you have millions of dollars, your energy is shut off. Pensions and 401k are  toasted and you are on UBI and food allocations.

[Gym-Rat]

Does this mean Joe's 2021 reported net worth went down from $8 mil to $4 mil?

Well not exactly; $7 million of it covered taxes, another $1.3 million went to charity, $180,000 paid for household staff and an estimated $80,000 went toward interest on mortgages. Take those items out and you’re still a few million more Biden’s estimated net worth.

People lie.

Not sure, I just know my 401K lost 600K since he came into office...

[IroNat]

Not sure, I just know my 401K lost 600K since he came into office...

Making a 401k into a 600k seems like a good thing.

 

[Gym-Rat]

Making a 401k into a 600k seems like a good thing.

 

In this (and many) cases, its a "-600K"...
Typical when a braindead libturd is in office...

[Gym-Rat]

 

[TheGrinch]

wooooooooooooshhhhhhhhhh hhh