Next Day Err
Banned
Everything’s a conspiracy
dow jones
- Thread starter Jkloc420
- Start date
They've already adjusted numbers months later several times.
Next Day Err
Banned
Adjustments happen every year since forever
We will find out in a couple hours
I don't ever recall "GREAT NEWS!" being followed a few months later by "not so fast" (they said quietly) as consistently as it is now.
Next Day Err
Banned
0.4% inflation for March, 3.5% annualized inflation, higher than expected. Not great.
I predict 0-1 rate cuts for the rest of the year.
I predict 0-1 rate cuts for the rest of the year.
Up In Smoke
Well-Known Member
I predict 0 to a possible rate hike. The current economy is extremely strong. Near full employment, strong wage growth, trending higher GDP, strong consumer spending, companies earnings are projected higher and household wealth has grown significantly. As an employer I would like 2-3 more hikes to slow the economy and cap wages.
Next Day Err
Banned
Reasonable. The Fed's credibility is on the line here. Sounds like the answer is pretty obvious. I wouldn't blame them for another 25 basis point hike.
If anyone thinks it's economy is stable there out of their minds
Lineandinitial
Legio patria nostra
Don't interfere with the great financial minds at work here...
Next Day Err
Banned
To be fair we were supposed to have a recession for the last 2.5 years and the economy roared past those expectations. The economy is too hot. I refer to the previous @Up In Smoke comment.
Can you say the word bubble?
People have a record debts and record defaults
And the inflation number is a post are complete bull crap
the union rate is an all time low. lots of housing and student debt. car prices are inflated. and what about medical costs? and too much inequality leading to political corruption.
So you're not one of the part-time workers or multi-billionaires?Don't interfere with the great financial minds at work here...
Next Day Err
Banned
One could argue we go from bubble to bubble in the modern economic system. Still doesn’t change my investing habits.
Grantham could be right about a massive unwinding but I don’t believe anyone knows when or how it will begin.
Next Day Err
Banned
Bitcoin down 2%. Inflation hedge?
And gold is up 16% this year
That all just depends on your time horizon
Next Day Err
Banned
I’m going to Costco to stock up
They're also running out of gold
