Anyone Afraid Of Inflation?

[bottomups]

So with the June jobs number adding 381k private sector jobs and wages growing at .03% month over month, does that help ease anyone's fears of a recession?

Yes

 

[oldngray]

 

[Up In Smoke]

Energy is up about 4% YOY.

 

[Over70irregs]

Moulton estimates that CPI bias today is only slightly lower than in 2003, suggesting that most improvements occurred in the late 1990s and early 2000s. Study…….

 

[Up In Smoke]

Amazon's first day reporting shows a 7.8% increase in sales. They reported more than 6 billion dollars of online sales in the first 24 hours. If the second day numbers hold, they will smash last years total of 11.4 billion dollars. Looks like the average Joe isn't that concerned about inflation. More cheap junk.

 

[Thebrownblob]

Amazon's first day reporting shows a 7.8% increase in sales. They reported more than 6 billion dollars of online sales in the first 24 hours. If the second day numbers hold, they will smash last years total of 11.4 billion dollars. Looks like the average Joe isn't that concerned about inflation. More cheap junk.

The average Amazon shopper is an addict

 

[Thebrownblob]

 

[BlackFriday]

Who can possibly support this POS potus?
He has a record low approval rating and, I think, those that approve are mainly those in the MSM.

 

[Up In Smoke]

The Fed and it's policies hold the fate of the stock market in their hands. Companies large and small depend on the cost of capital to be predictable. We've seen rising costs of labor, energy, raw materials and of course capital. Once they see a leveling off of hiring, consumer spending and financing, the Fed will begin to reverse course on interest rates. The market fortunately, is not a reflection of the economy today, but a forward looking estimate of the business climate if nothing changes. The Fed will attempt to guide the economy with policies that protect both the producer and consumer. So many "experts" attempt to capture profits by buying, selling or hedging their positions everyday. The market is a ponzi scam that we've been sold in to believing isn't fixed. The banks announce this morning and the market will move on their results.

 

[Thebrownblob]

The Fed and it's policies hold the fate of the stock market in their hands. Companies large and small depend on the cost of capital to be predictable. We've seen rising costs of labor, energy, raw materials and of course capital. Once they see a leveling off of hiring, consumer spending and financing, the Fed will begin to reverse course on interest rates. The market fortunately, is not a reflection of the economy today, but a forward looking estimate of the business climate if nothing changes. The Fed will attempt to guide the economy with policies that protect both the producer and consumer. So many "experts" attempt to capture profits by buying, selling or hedging their positions everyday. The market is a ponzi scam that we've been sold in to believing isn't fixed. The banks announce this morning and the market will move on their results.

"Take The Tragedy In Sri Lanka And Multiply By Ten": The Fed Just Lobbed A Financial Nuke That Will Obliterate The Global Economy | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Up In Smoke]

The Federal Reserve has been holding this country together for 14 years by financing every industry. The few attempts in the last 6 years to remove themselves from the equation has only led to market selloffs and economic panic. I think they have the resolve this time to see it through and allow Free Market Capitalism again lead this country forward.

 

[Brownslave688]

 

[Next Day Error]

Who can possibly support this POS potus?
He has a record low approval rating and, I think, those that approve are mainly those in the MSM.

He's president, not king. Doesn't control the economy.

I thought people liked capitalism. This is what happens in capitalism. Prices can rise. Prices can fall. In every market. Wahhhhh wahhhhhh wahhhhhh

 

[oldngray]

Talk is the Fed will raise rates 0.75 points

 

[Over70irregs]

The Federal Reserve has been holding this country together for 14 years by financing every industry. The few attempts in the last 6 years to remove themselves from the equation has only led to market selloffs and economic panic. I think they have the resolve this time to see it through and allow Free Market Capitalism again lead this country forward.

Not so sure when the market drops and brakes are applied. The only free market is the crypto world but it’s rife with gambling casinos that are being purged.

 

[Up In Smoke]

Talk is the Fed will raise rates 0.75 points

Just do 2 pts and announce that's it for 2022 and the markets will take off. The fear of the unknown drives businesses and investors crazy. The Fed still thinks it can continue QT while incrementally raising rates to avoid a recession. Screw it, yank the band-aid already.

 

[Brownslave688]

Not so sure when the market drops and brakes are applied. The only free market is the crypto world but it’s rife with gambling casinos that are being purged.

GME debacle pretty much proved Wall Street is no free market.

 

[Over70irregs]

Just do 2 pts and announce that's it for 2022 and the markets will take off. The fear of the unknown drives businesses and investors crazy. The Fed still thinks it can continue QT while incrementally raising rates to avoid a recession. Screw it, yank the band-aid already.

Too many vulnerable involved. The canary small countries being blocked by MSM will be the fate with such a move.

 

[Over70irregs]

GME debacle pretty much proved Wall Street is no free market.

Have a friend in Europe loving the $ bump up. Called to tell me he was investing. I had to clue him to a vpn.

 

[Wally]

https://www.washingtonexaminer.com/policy/economy/inflation-producer-index-june-

near-highest-record