the bubbles got worse beginning with financial deregulation. savings and loans would be the first one.
dow jones
- Thread starter Jkloc420
- Start date
Darmark7
Retired 2020. Not my Problem Anymore!
What happened to Biden’s Inflation Reduction Act? Let’s play the “Just think how bad it would be without it” 
I have a jumbo CD paying 6% that is maturing soon so I was hoping they wouldn’t cut the rate yet. I would like to renew it while the rate is still high.
I have a jumbo CD paying 6% that is maturing soon so I was hoping they wouldn’t cut the rate yet. I would like to renew it while the rate is still high.
Up In Smoke
Well-Known Member
First quarter company earnings are expected to reach double digits as both revenue and profits have been guided higher. We've had the longest stretch of rate increase in 40 years and the economy is growing at near 2.5%. The Fed's goal was to raise rates, reduce inflation and maintain a strong labor force. They may not be done, but slow and steady is the course.
Wally
BrownCafe Innovator & King of Puns
Where you getting 6%?What happened to Biden’s Inflation Reduction Act? Let’s play the “Just think how bad it would be without it”
I have a jumbo CD paying 6% that is maturing soon so I was hoping they wouldn’t cut the rate yet. I would like to renew it while the rate is still high.
Up In Smoke
Well-Known Member
Borrowers will pay more and savers will make more. It's like the eighties all over again, but with full employment.
Lineandinitial
Legio patria nostra
No, and I don't work delivering packages until dark everyday because I am a financial genius and I like people.
Nor am I an expert at every conceivable subject because I load trailers and sweep the hub floor...
Next Day Err
Banned
Maybe they’ll do silver next
Not enough markup on it
I'm so disappointed
you need to listen to lectures while cooking and driving like i did.
Lineandinitial
Legio patria nostra
There's already an abundance of TDS afflicted, self-proclaimed narcissists here...
Lineandinitial
Legio patria nostra
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Darmark7
Retired 2020. Not my Problem Anymore!
Last year Suncoast Federal Credit Union (my regular bank) had a promotion for a short time. To get the 6% it had to be a 12 month Jumbo CD ($100,000 or more)
That's when some of the banks was on the verge of collapsing
Wally
BrownCafe Innovator & King of Puns
Get with it man. Just a little day trading daily and you can live the UPS part-timer millionaire lifestyle!
Lineandinitial
Legio patria nostra
That and learn some econo-babble...
oldngray
nowhere special
Darmark7
Retired 2020. Not my Problem Anymore!
Seems Bidenomics is building back inflation better than ever. But I’m sure it is Trump‘s fault. Or maybe those greedy companies that just got greedy once Biden got in office.
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Free money isn't free
