DiabloWags said:

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Trumpanzees have reading comprehension stuck at the 6th grade level.

GAAP and non-GAAP earnings per diluted share were $1.08 and $1.05, respectively.

NVIDIA Announces Financial Results for Second Quarter Fiscal 2026 | NVIDIA Newsroom

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Will even demented clowns admit it was an earnings beat, and it dropped for other reasons (just like Tesla which has since gone up up up)? Whether or not RH was off by a penny doesn't matter here, at all. Non-demented traders have a better grasp of things than demented dogs who can't learn new tricks.

Edit

MSN: "GDP Gains Show Tariffs Not Hurting Prices Or Consumer Spending, Says Bessent"

Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.

The neutral PCE numbers militate toward a reduction in rates by the Fed. That, in turn, will produce positive housing industry expansion and lending activity at long last. Wages will be going up as deportation of illegal aliens impacts the work force. Glad I kept my powder dry and bought the nice dips over the past year; quarters 3 and 4 going to be great!!

Fascist Keynesianism should also help the economy as billions are funded to thugs, who otherwise have little of value to offer society, to roam our streets in masks and disrupt the more productive parts of our society.

76BearsFly said:

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The neutral PCE numbers militate toward a reduction in rates by the Fed. That, in turn, will produce positive housing industry expansion and lending activity at long last. Wages will be going up as deportation of illegal aliens impacts the work force. Glad I kept my powder dry and bought the nice dips over the past year; quarters 3 and 4 going to be great!!

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Core PCE is still well above the Fed's target at 2.9%

If Powell and the Fed "cave" in to Trump's relentless pressure to lower rates, you're not going to like what happens to the long end of the curve and the ultimate impact on stocks.

One would have to be on drugs to think that there is evidence of "restrictive" monetary policy (rates too high) given where the unemployment rate is, where the S&P 500 is trading, where meme stocks are trading, and where Bitcoin is trading.

Holy. Shit.

Atlanta Fed is now projecting that Q3 GDP will be +3.5%… a massive expansion.

The US economy is running HOT. pic.twitter.com/wMBEctpQqS

— Geiger Capital (@Geiger_Capital) August 29, 2025

Another reason NOT to lower rates.

The nowcasts of third-quarter real personal consumption expenditures growth and second-quarter real gross private domestic investment growth increased from 2.2 percent and 4.4 percent, respectively, to 2.3 percent and 6.1 percent, while the nowcast of the contribution of net exports to third-quarter real GDP growth increased from -0.36 percentage points to 0.59 percentage points.

"Exciting news! Private sector wages in the U.S. just shot up by a staggering 0.7%! This clearly indicates a super strong labor market, with experts confidently pinning it at around 5% annualized growth!"

movielover said:

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"Exciting news! Private sector wages in the U.S. just shot up by a staggering 0.7%! This clearly indicates a super strong labor market, with experts confidently pinning it at around 5% annualized growth!"

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Another reason NOT to lower rates.

DiabloWags said:

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Cal88 said:

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Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.

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Correct.

They spiked 14.5% in July from a year ago and that's before the 50% tariffs on imports from Brazil.

Prices were already heading up from adverse weather conditions which lead to a 39% surge in 2024 from average levels a year earlier.

My favorite blend at Peet's Coffee is at $24 a pound.

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Now that Dr Pepper owns Peet's, I hear they will rebrand it as Sulawesi-Kalosi Zero Sugar.

I buy my coffee from a roaster near Seattle, 1 pound of Brazilian and 1 pound of Sumatran each month. The prices are similar to what you quoted. I'm waiting to see how the tariff hammer will raise the prices. I may have to find cheaper coffees.

Eastern Oregon Bear said:

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DiabloWags said:

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Cal88 said:

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Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.

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Correct.

They spiked 14.5% in July from a year ago and that's before the 50% tariffs on imports from Brazil.

Prices were already heading up from adverse weather conditions which lead to a 39% surge in 2024 from average levels a year earlier.

My favorite blend at Peet's Coffee is at $24 a pound.

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Now that Dr Pepper owns Peet's, I hear they will rebrand it as Sulawesi-Kalosi Zero Sugar.

I buy my coffee from a roaster near Seattle, 1 pound of Brazilian and 1 pound of Sumatran each month. The prices are similar to what you quoted. I'm waiting to see how the tariff hammer will raise the prices. I may have to find cheaper coffees.

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Unless things change, you might not even be able to buy Brazilian coffee any more starting next year with the 50% import tariffs kicking in on new inventory. Indonesian tariffs stand at 19% right now, Wags' $24 pound of Sulawesi will get closer to $30.

I'm a tea drinker, mostly oolongs from China, darjeeling from India, prices have already been going up steadily the last couple of decades as local demand for higher-end teas has increased, same with Chinese antiques.

Eastern Oregon Bear said:

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DiabloWags said:

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Cal88 said:

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Coffee prices are going to spike as a result of the combination of tariffs on Brazil and Trump playing hardball with them, they're cutting off the US and diverting their production to China. A bit similar to what happened with soybeans, where China substituted its imports from the US to Brazil.

---

Correct.

They spiked 14.5% in July from a year ago and that's before the 50% tariffs on imports from Brazil.

Prices were already heading up from adverse weather conditions which lead to a 39% surge in 2024 from average levels a year earlier.

My favorite blend at Peet's Coffee is at $24 a pound.

---

Now that Dr Pepper owns Peet's, I hear they will rebrand it as Sulawesi-Kalosi Zero Sugar.

I buy my coffee from a roaster near Seattle, 1 pound of Brazilian and 1 pound of Sumatran each month. The prices are similar to what you quoted. I'm waiting to see how the tariff hammer will raise the prices. I may have to find cheaper coffees.

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I remember when Peet's did their IPO at like $8 a share in 2001.
Raised $26 million.

In 2012, it got acquired privately by a German conglomerate called JDE (JAB Holding Co.) at around $73.50
And then it got spun out again as an IPO for $2.5 Billion.

Mind-blowing acquisition by Dr. Pepper for $18 BILLION!

Peet's Coffee parent company sold for $18 billion to Keurig Dr. Pepper - Los Angeles Times

PAC-10-BEAR said:

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BREAKING: Gas prices under President Trump hit a 5-year low over Labor Day weekend.

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Cool story.

You really should stop listening to Nazi Barbi, the WH press secretary.
All she does is lie.

5 Years of Average Labor Day Gas Prices according to Gas Buddy:

• 2020: $2.22/gal
• 2021: $3.16/gal
• 2022: $3.79/gal
• 2023 $3.77/gal
• 2024: $3.29/gal
• 2025: $3.15/gal (projected)

Gas Buddy is making a projection.

Yet, the WH and Nazi Barbi claim that it will be "the lowest price at the pump on Labor Day since 2020" according to Gas Buddy. I guess her reading comprehension is still stuck at the 6th grade level like the typical Trumpanzee here.


Labor Day Map Shows Spiking Gas Prices Across US - Newsweek

Lowest Labor Day Gas Prices in Five Years as Travel Costs Dip in Trump Economy The White House




My stalker shall appear in 3...2....1.
You can count on it.

Your Nazi references are played out Mr. Creek.

movielover said:

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Your Nazi references are played out Mr. Creek.

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PAC-10-BEAR said:

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I get my news from Axios, just like you. lol.

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Like I said earlier, your reading comprehension is terribly poor.
You might want to look up the word "projected".

Is Karoline Derangement Syndrome a thing?

Americans are paying much cheaper prices for gasoline this summer.

We currently have the lowest gas prices at this point of the summer since 2021! 

As President Trump continues to unleash American energy, our country will have even more efficient, reliable, and affordable… pic.twitter.com/RsiwdVT0NS

— Karoline Leavitt (@PressSec) June 27, 2025

PAC-10-BEAR said:

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BREAKING: Gas prices under President Trump hit a 5-year low over Labor Day weekend.

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Great news! Thanks for the info.

JOBS: The fact that we've continued to have good jobs reports despite mass government layoffs and deportations is a testament to Trump's agenda.

h/t @RyanAFournier pic.twitter.com/mzWfD9rQ7N

— @amuse (@amuse) September 2, 2025

BREAKING: American Eagle soars 25% after jean sales CRUSH expectations thanks to Sydney Sweeney's ad pic.twitter.com/WHKBuhpa39

— End Wokeness (@EndWokeness) September 3, 2025

Atlanta Fed's GDPNow dropped from 3.5% to 3.0% for Q3 with latest ISM data on 9/2.
Next update later today with international trade data.





GDPNow - Federal Reserve Bank of Atlanta

We've largely been in a "low hiring, low firing" type of job environment.

It's not a great job market if you're looking for work (and it seems to be particular tough for recent college grads), but also layoffs haven't been particularly elevated.

Tomorrow's expectation for New NFP Jobs is +75,000
With an unemployment rate of 4.3%

"Trump's approval rating on inflation and cost of living currently sits at -24, nearing Biden's lows during the peak of the 202223 price surge, according to averages by pollster G. Elliott Morris.

Trump's favorability on jobs and the economy overall is better, but still underwater at -13.

52% of U.S. adults say the economy is "getting worse," while only 24% say it's getting better and 20% say it's about the same, according to The Economist/YouGov polling.
Zoom in: Poll after poll shows Trump's Big, Beautiful Bill Act which extended his 2017 tax cuts while slashing Medicaid and other safety net programs is the most unpopular major piece of legislation in years.

The bleak voter sentiment matches increasingly bleak fundamentals.

Inflation is creeping higher as Trump's trade war continues to reorder the global economy, with some analysts predicting drug shortages and an uncertain holiday season.

The labor market is softening: Layoffs are rising, and the number of unemployed workers now exceeds job openings for the first time since April 2021.

The housing market is on shaky footing, with interest rates relatively high and supply stagnant.

Manufacturing was supposed to be the biggest beneficiary of Trump's tariffs. Instead, economic activity has shrunk for six months running and now the sector is shedding jobs."
Axios