The Economy

193,291 Views | 2389 Replies | Last: 1 day ago by Aunburdened
Cal88
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Very good short vid, recommend.

Small quibble: that's 35 quintillion, not trillion, there are 6 extra decimals on that image.
DiabloWags
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DiabloWags
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For you inflation watchers out there, the January PCE will be reported on March 13th.

Expectations are for a 3.2% increase in core PCE.


Eastern Oregon Bear
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DiabloWags said:

For you inflation watchers out there, the January PCE will be reported on March 13th.

Expectations are for a 3.2% increase in core PCE.

They won't be watching core PCE two weeks from now. They will be too busy glee posting about the US and South Korea bombing North Korea.
PAC-10-BEAR
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DiabloWags
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Scaramouche.
lol

cal83dls79
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PAC-10-BEAR said:


the Special Forces show quitter. What a good loser he was though.

Priest of the Patty Hearst Shrine
Cal88
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chazzed
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Cal88 said:



DiabloWags
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It's safe to say that oil companies and commodity trading houses have suspended oil, fuel, and LNG shipments and the Strait of Hormuz is essentially "closed".

Not good.





BearlySane88
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Gold is up!
PAC-10-BEAR
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DiabloWags
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PAC-10-BEAR
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US CPI today, according to real-time price data: 0.79%
smh
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# funk trunk [ !! ]
DiabloWags
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This Truflation number that you continue to "parade" around is meaningless.
The Federal Reserve doesn't use it.

The Fed is all that matters.

They only care about PCE and more importantly Core PCE.

The current estimate for January's Core PCE is 3.2%

It comes out March 13th.

You're welcome for the info!


PAC-10-BEAR
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DiabloWags said:

The Federal Reserve doesn't use it.

Exactly. They're looking at old data, always have, always will.
DiabloWags
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PAC-10-BEAR said:

DiabloWags said:

The Federal Reserve doesn't use it.

Exactly. They're looking at old data, always have, always will.


So with this data, why are you not shorting Gold and Silver?

Or are you just posting stuff that you find "cool" that you come across on the internet?

PAC-10-BEAR
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DiabloWags said:

PAC-10-BEAR said:

DiabloWags said:

The Federal Reserve doesn't use it.

Exactly. They're looking at old data, always have, always will.

So with this data, why are you not shorting Gold and Silver?

Or are you just posting stuff that you find "cool" that you come across on the internet?


Bro, I told you I'm long bitcoin (and Tesla), bro.
DiabloWags
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I wonder whatever happened to all of those GDP estimates that Trump supporters like Movielover and Howard Lutnick were found boasting about at 5 and 6% GDP?

Ooops.



smh
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independent of thread topic Economy, our only individual stock holding Netflix has been down (alot) for several months, but (finally) bouncing back some.
https://finance.yahoo.com/quote/NFLX

we can't (or won't) sell because of capital gain issues, thankfully diversified into low-overhead stock index funds
# spending is haard
BearlySane88
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smh
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> According to Iranian state media, a senior commander for Iran's Revolutionary Guard said the strait is closed and that it would set any ship trying to pass through on fire. Iran technically cannot close the Strait of Hormuz, but the mere threat of retaliation has been enough to prevent ships from sailing through the waterway.

> Many major shipping and logistics companies have restricted or halted bookings through the region since the strikes on Iran began, including Maersk, MSC Group, CMA CGM, Hapag-Lloyd, COSCO and Emirates SkyCargo.

> Diverted ships will likely be forced to reroute around the Cape of Good Hope, around the southernmost tip of Africa. Experts say that will trigger weeks of delays and contribute to severe port congestion and the collapse of modern "just-in-time" inventory systems, a lean strategy in which companies receive the exact amount of raw materials they need, exactly when they need it.

personal ps: screw "polymarket" and the horse they rode in on [iff we can say horse on the internet]
BearlySane88
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While some of you tend to not believe what our government says, and understandably so, I 100% don't believe what Iranian state media says.

The threat might be there currently but at the present rate of bombing, it won't be there for long.

I don't disagree with your poly market comments
Eastern Oregon Bear
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BearlySane88 said:

While some of you tend to not believe what our government says, and understandably so, I 100% don't believe what Iranian state media says.

The threat might be there currently but at the present rate of bombing, it won't be there for long.

I don't disagree with your poly market comments
If you agree with smh about "screw polymarket", why are using their tweet to bolster your argument?
BearlySane88
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Eastern Oregon Bear said:

BearlySane88 said:

While some of you tend to not believe what our government says, and understandably so, I 100% don't believe what Iranian state media says.

The threat might be there currently but at the present rate of bombing, it won't be there for long.

I don't disagree with your poly market comments
If you agree with smh about "screw polymarket", why are using their tweet to bolster your argument?


Because the information is true
BearlySane88
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DiabloWags
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The U.S. Dollar hit a 4 YEAR LOW IN JANUARY.

LMAO.

Cults don't end well. They really don't.
DiabloWags
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BearlySane88 said:

While some of you tend to not believe what our government says, and understandably so, I 100% don't believe what Iranian state media says.



Of course the Strait of Hormuz is effectively closed.
Who is going to insure a ship, let alone a cargo passing through those waters?

You've got to be kidding me.

Cults don't end well. They really don't.
BearlySane88
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DiabloWags said:

BearlySane88 said:

While some of you tend to not believe what our government says, and understandably so, I 100% don't believe what Iranian state media says.



Of course the Strait of Hormuz is effectively closed.
Who is going to insure a ship, let alone a cargo passing through those waters?

You've got to be kidding me.




The US military says otherwise
BearlySane88
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And it's now rising like my post said
Cal88
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BearlySane88 said:

And it's now rising like my post said


What Wags is trying to tell you here is that you are being manipulated.



the recent bump up of the USD vs a basket of 6 major currencies is relatively minor.
BearlySane88
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Considering all I said was it's rising, my post is still true but thanks anyways. The point was, it's not falling during the conflict.
DiabloWags
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Cal88 said:

BearlySane88 said:

And it's now rising like my post said


What Wags is trying to tell you here is that you are being manipulated.



the recent bump up of the USD vs a basket of 6 major currencies is relatively minor.


BINGO.

I REPEAT: THE US DOLLAR HIT A 4-YEAR LOW IN JANUARY.

Cults don't end well. They really don't.
BearlySane88
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DiabloWags said:

Cal88 said:

BearlySane88 said:

And it's now rising like my post said


What Wags is trying to tell you here is that you are being manipulated.



the recent bump up of the USD vs a basket of 6 major currencies is relatively minor.


BINGO.

I REPEAT: THE US DOLLAR HIT A 4-YEAR LOW IN JANUARY.



 
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