Trying to hold at or near inflation level with 2 year Treasuries, short term Covered Calls on dividend stocks, MMF, cash rich large caps (COWZ), and some hedge funds. Sounds from what you say, and what I hear I may be circling waiting to reposition early into the next run up.DiabloWags said:
The Fed Funds futures market is now reflecting a terminal Fed Funds rate of 5.475% in October.
Ever since the super robust January employment number in early February, the market has shifted from a terminal rate of 5.1% to 5.4%
The market has essentially shifted to reflect "higher rates for longer".
And those market participants who were expecting an actual rate cut by end of year have disappeared.
OdontoBear66 said:
News out that inflation is hitting customers hard with beer sales. Where does one go?
dajo9 said:
Saw police dealing with the overflow traffic from local restaurants tonight. Restaurants can charge whatever they want and people keep going. Has to be a top.
"Nobody goes there anymore. It's too crowded." - Yogi Berradajo9 said:
Saw police dealing with the overflow traffic from local restaurants tonight. Restaurants can charge whatever they want and people keep going. Has to be a top.
dajo9 said:
Not much new news from February CPI report.
DiabloWags said:dajo9 said:
Not much new news from February CPI report.
All this from the guy that has an MBA, CFA, and Series 7 and said that inflation had peaked in March of 2022 and that "the Fed was putting out bogus inflation projections to justify pushing rates higher in 2023."
Mindboggling how ignorant some can be.
Sad really.
United States CPI Core Core - February 2023 Data - 1968-2022 Historical (tradingeconomics.com)
JUST IN: 🇺🇸 California Governor failed to disclose personal ties to Silicon Valley Bank $SIVB while lobbying for a bailout.
— Watcher.Guru (@WatcherGuru) March 14, 2023
going4roses said:
One of the weird conceits that both Summers and Stewart have in this conversation is that workers' wages are not rising.
— Matt Darling 🌐🏗️ (@besttrousers) March 17, 2023
But low-wage workers have seen big real wage increases (figure from @arindube/@davidautor/@AnnieMcGrew1). https://t.co/3vMXhqG2NJ pic.twitter.com/KMJzhCikTL
going4roses said:
One of the weird conceits that both Summers and Stewart have in this conversation is that workers' wages are not rising.
— Matt Darling 🌐🏗️ (@besttrousers) March 17, 2023
But low-wage workers have seen big real wage increases (figure from @arindube/@davidautor/@AnnieMcGrew1). https://t.co/3vMXhqG2NJ pic.twitter.com/KMJzhCikTL
movielover said:
1. Real Wages have gone down
2. Food inflation at historic levels
3. Illegal immigration at historic levels - 5 million illegal immigrants in 2 years added to the existing illegal workforce
4. Energy prices through the roof
dajo9 said:movielover said:
1. Real Wages have gone down
2. Food inflation at historic levels
3. Illegal immigration at historic levels - 5 million illegal immigrants in 2 years added to the existing illegal workforce
4. Energy prices through the roof
1. Real hourly wages are positive for the lowest third
2. You are exaggerating about food inflation
3. You are lying about illegal immigration (actually, you are probably ignorant about what the data means)
4. Energy prices are about 15% higher than they were about 4-5 years ago. That's an increase of less than 4% / year.
What do you mean by "historic levels"? That's an undefined term that could mean almost anything. Every statistic from the past is a historic level.movielover said:
1. Real Wages have gone down
2. Food inflation at historic levels
3. Illegal immigration at historic levels - 5 million illegal immigrants in 2 years added to the existing illegal workforce (which hurts the poor, physically compromised, and challenged and re-entry workers)
4. Energy prices through the roof
movielover said:dajo9 said:movielover said:
1. Real Wages have gone down
2. Food inflation at historic levels
3. Illegal immigration at historic levels - 5 million illegal immigrants in 2 years added to the existing illegal workforce
4. Energy prices through the roof
1. Real hourly wages are positive for the lowest third
2. You are exaggerating about food inflation
3. You are lying about illegal immigration (actually, you are probably ignorant about what the data means)
4. Energy prices are about 15% higher than they were about 4-5 years ago. That's an increase of less than 4% / year.
1. BLS: Real average hourly earnings decreased 1.3 percent, seasonally adjusted, from February 2022 to February 2023.
https://www.bls.gov/news.release/realer.nr0.htm
2. 2022 ends with record high 24% food inflation
https://cgastrategy.com/2022-ends-with-record-high-24-food-inflation/
3. FAIR Analysis: 5.5 Million Illegal Aliens Have Crossed our Borders Since Biden Took Office--How is Secretary Mayorkas Still Employed?
https://www.prnewswire.com/news-releases/fair-analysis-5-5-million-illegal-aliens-have-crossed-our-borders-since-biden-took-officehow-is-secretary-mayorkas-still-employed-301658734.html
4. Electricity prices surged 14.3% in 2022, double overall inflation: US report
Jan 19, 2023 Consumers paid 14.3% more for electricity last year on average
https://www.utilitydive.com/news/electricity-prices-inflation-consumer-price-index/640656/
American consumers are starting to feel the bite pic.twitter.com/rfeHkrO5Il
— Heshmat Alavi's Trenchcoat (@UrOrientalist) March 21, 2023
going4roses said:American consumers are starting to feel the bite pic.twitter.com/rfeHkrO5Il
— Heshmat Alavi's Trenchcoat (@UrOrientalist) March 21, 2023
Send weapons to Ukraine. That should help... 🫣 pic.twitter.com/pBPRQikkdI
— Trollstoy (@Trollstoy88) March 22, 2023
Serious question that ML won't answer: Given that blue-check Trollstoy88 is obviously a Kremlin twitter account - what are you hoping to do here? Do you think people here are unaware that the Kremlin would like to face less resistance in its unjust invasion of Ukraine?movielover said:Send weapons to Ukraine. That should help... 🫣 pic.twitter.com/pBPRQikkdI
— Trollstoy (@Trollstoy88) March 22, 2023
Unit2Sucks said:Serious question that ML won't answer: Given that blue-check Trollstoy88 is obviously a Kremlin twitter account - what are you hoping to do here? Do you think people here are unaware that the Kremlin would like to face less resistance in its unjust invasion of Ukraine?movielover said:Send weapons to Ukraine. That should help... 🫣 pic.twitter.com/pBPRQikkdI
— Trollstoy (@Trollstoy88) March 22, 2023
Would you post a tweet or statement from Putin himself saying that the UK should stop supporting Ukraine? Do you really think it's more persuasive when it's obvious Kremlin propaganda pretending to be independent? Are you the last person who hasn't figured out that you are subscribing to Kremlin propaganda?
Have you wondered how this downward spiral into radicalized unpaid Russian asset happened?
Sounds like a plan! I'll stop posting about Ukraine if you will too.oski003 said:Unit2Sucks said:Serious question that ML won't answer: Given that blue-check Trollstoy88 is obviously a Kremlin twitter account - what are you hoping to do here? Do you think people here are unaware that the Kremlin would like to face less resistance in its unjust invasion of Ukraine?movielover said:Send weapons to Ukraine. That should help... 🫣 pic.twitter.com/pBPRQikkdI
— Trollstoy (@Trollstoy88) March 22, 2023
Would you post a tweet or statement from Putin himself saying that the UK should stop supporting Ukraine? Do you really think it's more persuasive when it's obvious Kremlin propaganda pretending to be independent? Are you the last person who hasn't figured out that you are subscribing to Kremlin propaganda?
Have you wondered how this downward spiral into radicalized unpaid Russian asset happened?
We can't risk posting fictionalized stuff supporting one side or the other. We need unbiased facts. Let's just stop posting about Ukraine altogether.
Eastern Oregon Bear said:Sounds like a plan! I'll stop posting about Ukraine if you will too.oski003 said:Unit2Sucks said:Serious question that ML won't answer: Given that blue-check Trollstoy88 is obviously a Kremlin twitter account - what are you hoping to do here? Do you think people here are unaware that the Kremlin would like to face less resistance in its unjust invasion of Ukraine?movielover said:Send weapons to Ukraine. That should help... 🫣 pic.twitter.com/pBPRQikkdI
— Trollstoy (@Trollstoy88) March 22, 2023
Would you post a tweet or statement from Putin himself saying that the UK should stop supporting Ukraine? Do you really think it's more persuasive when it's obvious Kremlin propaganda pretending to be independent? Are you the last person who hasn't figured out that you are subscribing to Kremlin propaganda?
Have you wondered how this downward spiral into radicalized unpaid Russian asset happened?
We can't risk posting fictionalized stuff supporting one side or the other. We need unbiased facts. Let's just stop posting about Ukraine altogether.
I’m in wholesale mortgage lending and I was just laid off with 500 other people. My company has done from 4K people to just 200 in a year. They’ll probably close end of second quarter. It all has to do with this
— Tiffany (@tiffanylloree) March 22, 2023
Every time you see the words “climate change” replace them with “gobbledegook” and you will have a much more useful sentence. The bank crisis now beginning in the West is a direct result of this nonsense. Wake up you woke lamebrains. We were warned:https://t.co/8K94Q2oSKZ
— Patrick Moore (@EcoSenseNow) March 18, 2023
Meanwhile China is building 2 coal power plants per week lol.movielover said:Every time you see the words “climate change” replace them with “gobbledegook” and you will have a much more useful sentence. The bank crisis now beginning in the West is a direct result of this nonsense. Wake up you woke lamebrains. We were warned:https://t.co/8K94Q2oSKZ
— Patrick Moore (@EcoSenseNow) March 18, 2023
AunBear89 said:
Yeah! Someone should make all those woke steel companies stop making steel in other countries because rampant GOP deregulation and favorable federal corporate tax rules make it possible for them to pay pennies on the dollar relative to salaries paid in the US.
