Wally
BrownCafe Innovator & King of Puns
How about stagflation? Different?
Time to bump up that 401k
Up In Smoke
Well-Known Member
The CPI has been around since the 1880s, but was formerly established under Woodrow Wilson. It's been revised, updated and adjusted around 40 times since then. The information just becomes more refined and usable. Urban, rural, new, used, Black, White, man and women are just the surface of what these statistics show. Cash businesses still exist, but look at everything you consume in a day and think how many hands your dollars travel through and how many companies have to account for them.
Work your way up the full time, in the meantime good job
No thanks, for the FT I have another chill job that pays the bills but it just doesnt offer a 401k or benefits, hence the PT job here
Up In Smoke
Well-Known Member
Yes, much different. Stagflation is inflation, along with high unemployment and low demand for goods and services. A tariff on imports that drives the price up artificially, is an example. Central banks fear continued unemployment and a shrinking economy.
Up In Smoke
Well-Known Member
Fed President Powell said all the way back in 2018 that the treasury needed to reduce it's balance sheet, sell off it's stake in the mortgage industry and raise short term interest rates. The problem was the economy wasn't strong enough. Too many businesses were refinancing debt instead of paying it down. It was better for their bottom lines to take profit and buy back stock or invest in the same market that the government was injecting with capital. The economy was hooked on that 3 o'clock sugar high and the share holders only cared about themselves. Why pay off your credit card buy eating hamburgers, when you can refinance it and eat steak.
Wally
BrownCafe Innovator & King of Puns
Stagflation is here, even if recession isn't yet, top economist Mohamed El-Erian says
The U.S. may or may not see a recession in the next year or two, top economists contend. But one thing is certain: Stagflation is real, and it's here in the U.S. That's what Mohamed El-Erian, economist and president of Queens' College at Cambridge University, told Yahoo Finance in a recent...
Up In Smoke
Well-Known Member
I like him and follow him. The headline again, is bigger than the story. He says stagflation is the baseline. He was quoted as saying the Fed was late and too weak when it acted. If the Fed comes too strong now, he said we risk being drug into a recession.Stagflation is here, even if recession isn't yet, top economist Mohamed El-Erian says
The U.S. may or may not see a recession in the next year or two, top economists contend. But one thing is certain: Stagflation is real, and it's here in the U.S. That's what Mohamed El-Erian, economist and president of Queens' College at Cambridge University, told Yahoo Finance in a recent...fortune.com
Interest Rates to Break Out of 40-Year Cycle-to-Cycle Trend | ETF Trends
We made a call last year for a 3% 10-year Treasury yield, which was twice where the yield was at that time.
www.etftrends.com
Up In Smoke
Well-Known Member
That's good for pension plans. Somewhere other than mason jars for fixed income.Interest Rates to Break Out of 40-Year Cycle-to-Cycle Trend | ETF Trends
We made a call last year for a 3% 10-year Treasury yield, which was twice where the yield was at that time.
Good for my savings account also
Returntosender
Well-Known Member
You go all 4.5
Probably 2%
Put the rest in my bank account
LMAOI started ordering ups uniform pants and shorts for my whole family now. If it gets any worse im gonna have to get them shirts too and peel off the logos.
Over70irregs
Well-Known Member
Check your local wanted ads and pawn shops people will be selling gear for cash.
@Shift Inhibit
Turn up your 401k
Turn up your 401k
Shift Inhibit
He who laughs last didn't get it.
More? I’m at 15 now
Jackburton
Gone Fish'n
Can’t do more than $20.5k sans catchup, guess I’ll go ahead and max it by Oct
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