The Economy

115,109 Views | 1486 Replies | Last: 1 day ago by PAC-10-BEAR
DiabloWags
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BearlySane88 said:

Keep trying to spin it


No spin.
You obviously have a problem with FACTS.
"Cults don't end well. They really don't."
DiabloWags
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BearlySane88 said:

DiabloWags said:

Over the last 12 months:

Food: 2.6%

Housing: 3.0%

Energy: 4.2%

Electricity: 6.9%








Keep trying to spin it

Speaking of spin, Hassett should put on his cheerleader outfit.
Because the President of the United States controls long-term interest rates?
Who knew?

Oh please.
Are you really this gullible?

Meanwhile, the average age of a first-time home buyer hit an All-Time high of 40 this year.

CAN YOU SAY AFFORDABILITY?



"Cults don't end well. They really don't."
movielover
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Oh, and what happened to that skyrocketing "tariff inflation" the pundits proclaimed was sure to happen this time.

Just like it didn't surface in 2018 or 2019 when the tariffs were applied the first time.
movielover
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DiabloWags said:

TARIFFS ARE A TAX.



Inflation "unexpectedly" drops.

Oh, and that skyrocketing "tariff inflation" pundits proclaimed was sure to happen - NOT!

Just like it didn't surface in 2018 or 2019 when the tariffs were applied the first time.

Rinse. Repeat.
DiabloWags
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movielover said:

Oh, and what happened to that skyrocketing "tariff inflation" the pundits proclaimed was sure to happen this time.

Just like it didn't surface in 2018 or 2019 when the tariffs were applied the first time.


Your reading comprehension continues to be poor.
Especially when it comes to the economy.

As I have told you multiple times, the tariffs in 2018/2019 were a small fraction of what they are today.
.
How come you still haven't figured out that TARIFFS ARE A TAX?

Tracking the Trump Tariffs | Tax Policy Center
"Cults don't end well. They really don't."
movielover
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Mixed bag? ... appliances and apparel jumped just 0.5% and 0.2%.

Fuel oil jumped 11.2%, gasoline up only 0.9%.

Eggs are down 13.2%.

""This report is clear: prices are steady and wages are beating inflation," the White House Council of Economic Advisers said in a social media post, nodding to lower inflation rates on airfares and hotels."
PAC-10-BEAR
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DiabloWags said:

2.7% vs 3.1% expected

Trump should have waited and given his address to the nation today.
PAC-10-BEAR
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I was never that interested in money or investing at that age until I got tired of taxes, rising cost of living, and low savings interest rates.
DiabloWags
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movielover said:

For the anal folks in the back, UGBA 180/184 were the numbers for the Real Estate class. Yes, I took both classes.




Those weren't INVESTMENT classes.
"Cults don't end well. They really don't."
DiabloWags
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PAC-10-BEAR said:

I was never that interested in money or investing at that age until I got tired of taxes, rising cost of living, and low savings interest rates.

I was actively trading stock options my junior year at Cal in 1981.
Only about $3,000 worth, but enough to get you in trouble.

That was back in the day when William O'Neill & Associates would print stock charts once a week and send them to you via the snail mail so that you could trade "technically".

This was also when Paul Volcker was Fed Chairman and jacked rates to 21% and then collapsed them all in about 6-months.
"Cults don't end well. They really don't."
DiabloWags
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Cool story.

Just like that bogus CPI number that Trumper's were gullible and ignorant to pump.


"Cults don't end well. They really don't."
tequila4kapp
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FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.
dajo9
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tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way
DiabloWags
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dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.



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

dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.

Even if we don't (or can't) get rid of the "sock-puppets", one idea to limit their annoying trolling -- assuming this is even feasible -- is to limit all posters' daily posts.

Unless there is a significant news event, is there any reason posters can't express everything they want to share in, say, 10 posts per day?
BearlySane88
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OsoDorado said:

DiabloWags said:

dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.

Even if we don't (or can't) get rid of the "sock-puppets", one idea to limit their annoying trolling -- assuming this is even feasible -- is to limit all posters' daily posts.

Unless there is a significant news event, is there any reason posters can't express everything they want to share in, say, 10 posts per day?



Why would you want a limit? Maybe we can all just try to follow the rule for once?
BearlySane88
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DiabloWags said:

dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.






We've all been guilty and should do better but blaming it on others isn't exactly legit. Take ownership of your part too, I take my blame
DiabloWags
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OsoDorado said:

DiabloWags said:

dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.

Even if we don't (or can't) get rid of the "sock-puppets", one idea to limit their annoying trolling -- assuming this is even feasible -- is to limit all posters' daily posts.

Unless there is a significant news event, is there any reason posters can't express everything they want to share in, say, 10 posts per day?


I think you're onto something here Dorado.
It would certainly get rid of the annoying trolling and put an emphasis on higher quality posts.
"Cults don't end well. They really don't."
Cal88
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OsoDorado said:

DiabloWags said:

dajo9 said:

tequila4kapp said:

FOR THE 3RD AND FINAL TIME... EVERYONE NEEDS TO CHILL OUT.

THE PERSONAL ATTACKS, TROLLING AND THREAD HIJACKING MUST STOP.

THIS INCESSANT BEHAVIOR IS NOT ONLY A VIOLATION OF THE AFOREMENTIONED RULES IT IS NOT ADDITIVE TO THE OFF TOPIC EXPERIENCE.

ENOUGH IS ENOUGH.

CHANGE YOUR BEHAVIORS OR FIND ANOTHER ONLINE HOME.


The off topic board has always been that way


Pretty much.
Not sure why this is surprising to anyone.

And to be honest, there has been no attempt to get rid of all of the "sock-puppets" here or verify posters.
Until that happens, this message board will continue to be filled with people that aren't genuinely interested in honest discussion nor have ever attended our beloved alma-mater.

Obviously, it's ALL about web-hits.
Nothing more.

Even if we don't (or can't) get rid of the "sock-puppets", one idea to limit their annoying trolling -- assuming this is even feasible -- is to limit all posters' daily posts.

Unless there is a significant news event, is there any reason posters can't express everything they want to share in, say, 10 posts per day?


Not sure if that's a good idea, for one it might require a lot of coding, so not practical.

Mods just need to slap 1 day, 48hr, 1 week bans and more for the worst offenders. Some people can't help themselves.
cal83dls79
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And SF had a number of brokerage houses with traders getting into town early to hop on the Bloomberg teminals
H&Q, Pru Bache come to mind.
Priest of the Patty Hearst Shrine
DiabloWags
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The BEA will release the initial Q3 GDP estimate tomorrow.
Consensus is for roughly 3.5% which is what the Atlanta Fed's GDPNow is forecasting.

Consumer Confidence is also slated to be released from the Conference Board.

"Cults don't end well. They really don't."
tequila4kapp
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As reported on Breitbart, Commerce Dept reports Q3 GDP of 4.3%
DiabloWags
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Hard to imagine a Federal Reserve that will be LOWERING the Fed Funds rate with the PCE at 2.8% for the quarter and the core rate at 2.9%

And once Trump gets his minion in there when Powell's term ends in May, the inflation under Biden will look like child's play. This isn't partisan politics. It's Econ 101.

For those that think that inflation is coming down, think again.
Gold and Silver has been telling you as much.


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

The BEA will release the initial Q3 GDP estimate tomorrow.
Consensus is for roughly 3.5% which is what the Atlanta Fed's GDPNow is forecasting.

Consumer Confidence is also slated to be released from the Conference Board.




'Consensus'. Ha! A certain lover of film - from the back of the class - predicted earlier very strong growth rates.

News: Bureau of Economic Analysis has released the third quarter GDP showing a very strong 4.3% growth. The second quarter was also revised up to 3.8%.

60 of 61 Bloomberg economists got it wrong!!!!

MAGA
Cal88
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Gold and silver rising are also a result of gradual dedolarization and several central banks aggressively purchasing. China in particular has been stockpiling gold reserves for decades, more so now that they no longer hold as much in US treasuries. Their actual gold reserves could be as high as 25,000T-30,000T, nearly 10x their declared value.



movielover
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What happened to President Trump going to Fort Knox?
movielover
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movielover
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Merry Christmas! And the BBB hasn't even hit yet.

dajo9
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The economy has been good for several years

Maybe we give too much credence to people on social media who are unable to succeed and to political partisans
PAC-10-BEAR
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Current situation:

1. US GDP growth is at its strongest pace since 2023

2. CPI inflation unexpectedly fell to 2.7% last month

3. Trump is appointing a new Fed Chair who will cut rates

4. Oil prices are down to their lowest level since 2021

5. Equity ETFs have attracted a record +$1.4 trillion in 2025
BearlySane88
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PAC-10-BEAR said:

Current situation:

1. US GDP growth is at its strongest pace since 2023

2. CPI inflation unexpectedly fell to 2.7% last month

3. Trump is appointing a new Fed Chair who will cut rates

4. Oil prices are down to their lowest level since 2021

5. Equity ETFs have attracted a record +$1.4 trillion in 2025


But but but the world is supposed to be falling apart
DiabloWags
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PAC-10-BEAR said:

Current situation:

1. US GDP growth is at its strongest pace since 2023

2. CPI inflation unexpectedly fell to 2.7% last month

3. Trump is appointing a new Fed Chair who will cut rates

4. Oil prices are down to their lowest level since 2021

5. Equity ETFs have attracted a record +$1.4 trillion in 2025


Just the Facts for those that took Econ. 101

2.) The November CPI of 2.7% was a farce given the lack of data.
In fact, the key housing component of the CPI won't be accurate until another six months have passed.

3.) Trump will send INFLATION THRU THE ROOF with his own stooge as the new Fed Chair lowering rates.

4.) Oil prices are down to their lowest level not because of Trump, but because of OPEC+.

5.) Unemployment has risen from 4.1% to 4.6% in Trump's first year in office.


"Cults don't end well. They really don't."
PAC-10-BEAR
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DiabloWags said:

PAC-10-BEAR said:

Current situation:

1. US GDP growth is at its strongest pace since 2023

2. CPI inflation unexpectedly fell to 2.7% last month

3. Trump is appointing a new Fed Chair who will cut rates

4. Oil prices are down to their lowest level since 2021

5. Equity ETFs have attracted a record +$1.4 trillion in 2025


Just the Facts for those that took Econ. 101

2.) The November CPI of 2.7% was a farce given the lack of data.
In fact, the key housing component of the CPI won't be accurate until another six months have passed.

3.) Trump will send INFLATION THRU THE ROOF with his own stooge as the new Fed Chair lowering rates.

4.) Oil prices are down to their lowest level not because of Trump, but because of OPEC+.

5.) Unemployment has risen from 4.1% to 4.6% in Trump's first year in office.



Just the Facts for those perpetually butthurt:

2) When Trump left office, CPI was 1.4%. Peak CPI under Biden was 9.1%. It's called BIDENFLATION.

3) This is your PREDICTION. Not CURRENT REALITY.

4) Oil prices are down under Trump but you failed to give him credit in your own aptly named thread entitled, the "Official Trump Gas Price Thread."

5) Federal government job cuts and losses due to AI contributed to unemployment numbers. But most of the job growth is in the private sector and not in government unlike the Biden era.
DiabloWags
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PAC-10-BEAR said:

DiabloWags said:

PAC-10-BEAR said:

Current situation:

1. US GDP growth is at its strongest pace since 2023

2. CPI inflation unexpectedly fell to 2.7% last month

3. Trump is appointing a new Fed Chair who will cut rates

4. Oil prices are down to their lowest level since 2021

5. Equity ETFs have attracted a record +$1.4 trillion in 2025


Just the Facts for those that took Econ. 101

2.) The November CPI of 2.7% was a farce given the lack of data.
In fact, the key housing component of the CPI won't be accurate until another six months have passed.

3.) Trump will send INFLATION THRU THE ROOF with his own stooge as the new Fed Chair lowering rates.

4.) Oil prices are down to their lowest level not because of Trump, but because of OPEC+.

5.) Unemployment has risen from 4.1% to 4.6% in Trump's first year in office.



Just the Facts for those perpetually butthurt:

2) When Trump left office, CPI was 1.4%. Peak CPI under Biden was 9.1%. It's called BIDENFLATION.




Another cool story.

When Trump came into office in January of this year the CPI was 3.0% and the Unemployment Rate was 4.1%

Both of those number have not improved under Trump.
And the latter has gotten worse.
Now 4.6%


"Cults don't end well. They really don't."
DiabloWags
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PAC-10-BEAR said:


Just the Facts for those perpetually butthurt:


3) This is your PREDICTION. Not CURRENT REALITY.




You don't appear to understand what GOLD is CURRENTLY telling everyone.
As a Cal alum, why are you unable to comprehend this?

Gold has hit 50 All-Time Highs in 2025.
Gee, I wonder why?

Currently, this is the largest annual gain since 1979 when Jimmy Carter was President.
Gee, I wonder why?

+68% YTD


"Cults don't end well. They really don't."
 
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