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Posted
1 hour ago, jimmyjazz said:

A sliver of good news:  CPI dropped 0.1% this month, 2.4% annual.  Core CPI rose 0.1%, 2.8% annual.

Good news or recession indicator?

that light you see at the end of the tunnel is just the head lamp of an oncoming train 

  • 4 weeks later...
Posted

is it just me or is it a bit insulting at this point for some of these questions that keep getting asked. It seems like there's some type of entitlement from the press pool to not do their fucking jobs and ask questions that are not offensive and focused on the actual work the Fed does. 

I think Powell did a great job staying focused and his guidance was deliberate and narrow so that people don't over react. There wasn't much to read into from his remarks today and he expanded on them very well. 

  • 2 weeks later...
Posted
54 minutes ago, TxTower said:

So how were the inflation reports this week?

Given the midmonth reload of EBT cards, surly economists are conducting field research as we speak.

  • Haha 1
Posted
2 hours ago, TxTower said:

So how were the inflation reports this week?

Good.

On the other hand, WalMart is signaling tariff-related price hikes, so that's a concern if legit.

Posted
The usual suspects stopped caring. This is now an egg price thread.

What about your Cereal prices at Walgreens? Are you able to survive the crushing inflation?
Posted

IMG_4582.thumb.png.67203497eac01fd06071ad249a5fac31.png

this, plus Trump saying he may not decide for another three or four weeks how the tariffs will  work for most countries should bring an interesting start of the week next week.

  • Haha 2
Posted
2 hours ago, TxTower said:


What about your Cereal prices at Walgreens? Are you able to survive the crushing inflation?

I said cereal prices were cheap, except the ones that weren’t. Are you a faggot?

  • Fuck You 2
Posted
Seriously, inflation is an excuse for weak minded people with no impulse control and proclivity for gay sex.

Good for you. The first step to recovery is being self aware. Seriously.
Posted
2 hours ago, StassneyHorn said:

I said cereal prices were cheap, except the ones that weren’t. Are you a faggot?

1970 called. it approves of your homophobia.

Posted
22 minutes ago, TxTower said:

Maybe quit shopping for groceries at Walgreens?

Nope cheaper there for what I need. Plenty of grocery stores I can walk to bitch

4 minutes ago, Gatorubet said:

1970 called. it approves of your homophobia.

I approve of the 70s

  • Fuck You 1
Posted

Net Interest Costs Over the Past Decade

 

Prepare for widespread reduction in living standards, absent an AI miracle. That said, I expect low inflation readings for the near term. Just like under ZIRP, when the economy can't grow it's really hard to have inflation. 30 year will break 5% but QE there will be a fiscal crisis and QE will bring rates back down to ZIRP, or else government goes bankrupt in the near term. 

Posted

HAY isn't this kind of thing SOCIALISM(!!!!)?

m16d36dcuc1f1.jpeg

I thought it was unamerican and COMMUNIST to say a company should take a smaller profit? At least that's what happens every time it's suggested on this board

  • 2 weeks later...
Posted
18 minutes ago, Bozo_Casanova said:

Thats what happens when the savings rate rises and spending cools down. 

Am alllowed list your house no questions asked? Gonna 100k  above 

  • Fuck Around and Find Out 1
Posted (edited)
On 5/30/2025 at 4:45 PM, UTPhil2006 said:

Inflation down. 
 

Story is rates won't change. Fuck me right?

Rate down go. know not yet. printer go brrrrrrrrr. No stop train.

Edited by Thetexashammer
  • Hook 'Em 1
  • Haha 1
Posted

We will not have any inflation, and the big beautiful bill does not add to deficits. Also companies take tariff taxes out of profits and therefore consumers will not pay a dime extra!  That is all... 😉

Wow... I have never channeled my inner Mike Johnson before.... Sort of fun to say a lot of shit you know isn't true!

 

  • Hook 'Em 1
Posted
On 5/31/2025 at 12:18 PM, Thetexashammer said:

Rate down go. know not yet. printer go brrrrrrrrr. No stop train.

You beat me to it. A very well put together presentation. 

23 hours ago, Bozo_Casanova said:

Lynn Alden is very smart

Agreed. 

The question then is if she's right, then what are the ramifications?

Posted
On 6/1/2025 at 9:07 AM, Bozo_Casanova said:

Lynn Alden is very smart

Your post got me digging into my old boss' blog (he runs a $1b+ in loan production mortgage bank in CA) to see if he mentions her because he's, at a minimum, sympathetic to the macro argument behind crypto. 

In January 2023 he wrote about her favoring bank stocks.  I didn't take a look that far back, but just out of curiosity I looked at Chase last 12 months (up 31%), WF (up 26%).  Citi is up 22%.  B of A is a bit of a laggard and is up 4%.  S&P is up 12.35% as a benchmark. 

I'm cherry picking the big ones, but I'm also a little dumb-founded that a bank like Chase should be valued so much more today than last June. 

  • Like 1
Posted

So I did not know who Lyn Alden was, but got into an interesting bitcoin conversation yesterday.  The scarcity aspect I can buy into.  And the fact that so many people are spending big bucks to mine it, shows a investment in bitcoin future.  But my question is: Is bitcoin truly decoupled from the dollar?

Does a stock market/economic crash send bitcoin in the opposite direction than the markets?  

I can't argue with the math of something increasing in price, especially in the last 6 months.  The argument of the similarity to gold I understand, but my big question is the youthful ownership (generally) could make is just as susceptible to steeps selloffs alongside US stocks. Simply as young folks are always in riskier assets, and also have the least deep pockets, so the downsides can be steep.  

I see the upsides, I just want to be convinced more about decoupling.  

 

 

 

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