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Originally Posted by Jiveturkey
Dumbest post I've seen in a while. Congrats OP

You’re welcome.

Be sure and thank CNBC and the WSJ while you’re digesting.


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Youre FOS, Houstless.


Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.

A Nation which leaves God behind is soon left behind.

"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".

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Commander Stephen Rogers, Ret. US Navy said your bud Bidet is lying about the Trump raid.

We thought you leftists hated liars.

Should we believe him or POS lying you?


Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.

A Nation which leaves God behind is soon left behind.

"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".

I Dindo Nuffin
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Troll of the year


Ole toot

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Stock futures up slightly in anticipation of lower inflation numbers for July.

Barrons

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Originally Posted by Houston_2
Stock futures up slightly in anticipation of lower inflation numbers for July.

Barrons

Dickwad...

That would make a great new Sockpuppet 4U.


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



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And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

Last edited by STRSWilson; 08/10/22.

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Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise .

I bet you get a rise when you see 8.5 inches 😁

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Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.


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Laughing at the Howler Monkeys .

Again, not a single one of you Ignor-ants has an IQ over 75 and you continue to exhibit it.

Loving it!

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Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.


Stagflation would be another scenario possibility and we don’t want to go there.

Supposedly the FED target has been a 2% Inflation goal. If we somehow get a soft landing it’ll be purely by accident. Right now it looks like the landing will most likely be a wheels up one.

But the stock market is liking it at the moment.

Jmo

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2024 is going to be one hell of a year if we still have a country by then

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Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.

Core was reported today also.

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have you paid your dues, can you moan the blues, can you bend them guitar strings
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Originally Posted by Houston_2
Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.


Stagflation would be another scenario possibility and we don’t want to go there.

Supposedly the FED target has been a 2% Inflation goal. If we somehow get a soft landing it’ll be purely by accident. Right now it looks like the landing will most likely be a wheels up one.

But the stock market is liking it at the moment.

Jmo


The six month picture is anyone's guess. With the current Fed and government at the controls, out of control spending, politics, and tensions with China, the Market and economy could do anything including complete implosion.

ALL that team Biden needed to do was exactly NOTHING and we would have record unemployment, strong growth, core inflation and CPI under 3%, and affordable energy prices. In addition, the supply chain problems would be much further along that where they are now.

But the freakin morons had to monkey with the system so now they own it. I suppose the only good news is all the pain and suffering may motivate voters to throw the bums out. But I have my doubts and I also have my doubts that should the GOP retake the House and/or Senate they won't do much better. So just more SSDD while American workers pay for their failure in leadership and intelligence.

Last edited by STRSWilson; 08/10/22.

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Originally Posted by Longbob
Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.

Core was reported today also.

I didn’t see the complete report but saw that food and housing indexes were still positive (up). Overall it sounded like Core went up some more and not down.

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Originally Posted by STRSWilson
Originally Posted by Houston_2
Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.


Stagflation would be another scenario possibility and we don’t want to go there.

Supposedly the FED target has been a 2% Inflation goal. If we somehow get a soft landing it’ll be purely by accident. Right now it looks like the landing will most likely be a wheels up one.

But the stock market is liking it at the moment.

Jmo


The six month picture is anyone's guess. With the current Fed and government at the controls, out of control spending, politics, and tensions with China, the Market and economy could do anything including complete implosion.

ALL that team Biden needed to do was exactly NOTHING and we would have record unemployment, strong growth, core inflation and CPI under 3%, and affordable energy prices. In addition, the supply chain problems would be much further along that where they are now.

But the freakin morons had to monkey with the system so now they own it. I suppose the only good news is all the pain and suffering may motivate voters to throw the bums out. But I have my doubts and I also have my doubts that should the GOP retake the House and/or Senate they won't do much better. So just more SSDD while American workers pay for their failure in leadership and intelligence.

Re, your last paragraph, people’s memories are very Short. There’s lots of time between now and the mid terms to make things look good, look like things are getting better, etc. and the democrats claiming credit for it.

I’m hopeful voters will remember how we got here but I’m not confident that they will.

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Originally Posted by Houston_2
Originally Posted by Longbob
Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.

Core was reported today also.

I didn’t see the complete report but saw that food and housing indexes were still positive (up). Overall it sounded like Core went up some more and not down.

Core was unchanged. It was expected to rise.

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Originally Posted by Longbob
Originally Posted by Houston_2
Originally Posted by Longbob
Originally Posted by Dutch
Originally Posted by STRSWilson
And Survey Says:

Consumer price index eases to 8.5%

The Market seems happy with the news as futures rise 400+ points.


And before the usual mindless ad hominem attacks begin, I am not championing a CPI of 8.5% or taking a victory lap or a closet socialist or apologist for Biden's bungling of the economy...

It IS funny how the Mainstream Media is welcoming the 8.5% as the second coming of Christ.

However, the 8.5% is (economically) an irrelevant number. Yes, it's real, yes it's a s#it show. But the 8.5% happened over the past 11 months, because it's a year/year number.

The relevant number is the monthly increase since June, which was 0. May to June inflation was 1.3%. That is inflation going away completely. (You may notice that they are reporting CPI, not Core CPI or CPE, as they have done during the run up, since these show politically less desirable numbers; but I digress).

That, of course, begs the question: what does a sudden stop in inflation mean? It meant people and companies quit buying stuff, and that's there's more stuff than the economy needs.

Also known as "recession".

But, by all means, let's celebrate inflation going away.

Core was reported today also.

I didn’t see the complete report but saw that food and housing indexes were still positive (up). Overall it sounded like Core went up some more and not down.

Core was unchanged. It was expected to rise.

Good news?

Heh.

The stock markets are giddy over the reports for now.

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