DiabloWags said:

---

The PCE is currently running at 3.7%

For those unaware, the Personal Consumption Expenditures index is the Fed's preferred inflation gauge.

---

Entirely different point than I was making. I was talking about the grocery store prices mentioned above.

I dont believe I was replying to anyone specific.
Thanks.

DiabloWags said:

---

I dont believe I was replying to anyone specific.
Thanks.

---

is this not a reply to any specific either even though it clearly is a reply?

you've been doing that a lot after your last TO, responding right under someone's post without actually replying to their post.

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

You can't expect Trump to understand economics any more than you can expect his supporters to understand economics.

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

dajo9 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

You can't expect Trump to understand economics any more than you can expect his supporters to understand economics.

---

You can't expect democrats to understand economics any more than you can expect their voter base to understand economics.

dajo9 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

You can't expect Trump to understand economics any more than you can expect his supporters to understand economics.

---

I think it's pretty obvious who has experience in the markets and a solid knowledge base in monetary policy and the economy and those that . . . rely on Ai.

Never mind an insane President who thinks short term rates should be at 1% or less.

"Hey Trump! Give me a billion dollars. I'll pay you 1% interest."

I wonder what his answer would be.

dajo9 said:

---

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

---

I do expect you to know that the job loss was caused by the pandemic. Come on man. Do better than this.

oski003 said:

---

dajo9 said:

---

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

---

I do expect you to know that the job loss was caused by the pandemic. Come on man. Do better than this.

---

You are wasting your time asking for intellectual honesty here. You will never get it.

oski003 said:

---

dajo9 said:

---

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

---

I do expect you to know that the job loss was caused by the pandemic. Come on man. Do better than this.

---

You guys know the previous inflation was caused by the pandemic but you ignore it. So I'll do the same. You can't have it both ways.

dajo9 said:

---

oski003 said:

---

dajo9 said:

---

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

---

I do expect you to know that the job loss was caused by the pandemic. Come on man. Do better than this.

---

You guys know the previous inflation was caused by the pandemic but you ignore it. So I'll do the same. You can't have it both ways.

---

Neither can you. You can't blame everything negative on Trump and not also give him credit for the good.

dajo9 said:

---

oski003 said:

---

dajo9 said:

---

Nobody was complaining about the reasonable inflation of Trump's first year in 2025 that he inherited from Biden. It is 2026 inflation caused by Trump's war of choice that is the problem. Extending the metric over 2025 is just obfuscation over the poor performance from Trump's actions. Yes, we can all agree that inflation was reasonable when Trump's 2nd term started. We don't need multiple pages to hash out this attempt to obfuscate what is happening now under Trump.

Trump's 1st term inflation was good but let's not forget he lost 3 million jobs. The worst jobs performance since Herbert Hoover.

---

I do expect you to know that the job loss was caused by the pandemic. Come on man. Do better than this.

---

You guys know the previous inflation was caused by the pandemic but you ignore it. So I'll do the same. You can't have it both ways.

---

LOL

Like I said, zero intellectual honesty.

Cant wait for all of the Professors to show up with amusing tweets and tell us all of the "good" that Trump has done for the American consumer.

Winter is rolling around here now. Heaters are firing up. Heating oil is at $5.39 per gallon, last year it was $3.32.
Northerners will take note, landlords gonna be raising those rents as well. Get ready for the wake up call.

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

So you are saying that Trump is wrong about his view of interest rates?
Trump is wrong?

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

So you are saying that Trump is wrong about his view of interest rates?
Trump is wrong?

---

I've said this many many times, Trump and I aren't the same person.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

So you are saying that Trump is wrong about his view of interest rates?
Trump is wrong?

---

I've said this many many times, Trump and I aren't the same person.

---

That's not what I asked.

A simple "yes" or "no" would have answered my question.

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

So you are saying that Trump is wrong about his view of interest rates?
Trump is wrong?

---

I've said this many many times, Trump and I aren't the same person.

---

That's not what I asked.

A simple "yes" or "no" would have answered my question.

---

I already answered this question with my responses.

DiabloWags said:

---

Cant wait for all of the Professors to show up with amusing tweets and tell us all of the "good" that Trump has done for the American consumer.

---

I can't wait for the next barrage of image spam posts on the same boring topics

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

So you are saying that Trump is wrong about his view of interest rates?
Trump is wrong?

---

I've said this many many times, Trump and I aren't the same person.

---

That's not what I asked.

A simple "yes" or "no" would have answered my question.

---

I already answered this question with my responses.

---

You are a very patient person. Kudos.

DiabloWags said:

---

Meanwhile . . . MAGA!

---

Markets on “hold” today until FOMC rate decision at 2:15pm ET

1. if Fed raises, markets expected
- Future cuts likely get removed,
- 10-yr yield likely drops
= stocks rally

2. If Fed “holds”
- dovish surprise, even if hawkish talk
- markets focus on hold regime underway
=… pic.twitter.com/DO4CXemzcB

— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) September 16, 2026

Investors are buying stocks either way, bro.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

graguna said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

---

Good thing I didn't say there were. I own a small business, we are doing just fine.

BearlySane88 said:

---

graguna said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

---

Good thing I didn't say there were. I own a small business, we are doing just fine.

---

What business are you in?

DaddyLegend said:

---

DiabloWags said:

---

Meanwhile . . . MAGA!

---

Investors are buying stocks either way, bro.

---

I had another good day today, bro.

Thanks.

DiabloWags said:

---

BearlySane88 said:

---

graguna said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

---

Good thing I didn't say there were. I own a small business, we are doing just fine.

---

What business are you in?

---

I'd prefer not to say here, I'm sure you can understand why

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

graguna said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

---

Good thing I didn't say there were. I own a small business, we are doing just fine.

---

What business are you in?

---

I'd prefer not to say here, I'm sure you can understand why

---

Actually, I see no reason not to disclose that.
It's a simple question.

DiabloWags said:

---

DaddyLegend said:

---

DiabloWags said:

---

Meanwhile . . . MAGA!

---

Investors are buying stocks either way, bro.

---

I had another good day today, bro.

Thanks.

---

Thank Trump for tax cuts.

The One Big Beautiful Bill locked in the largest tax cut in modern history, including the doubled standard deduction, the expanded Child Tax Credit, and 100 percent expensing for factories and equipment. It also delivered No Tax on Tips, No Tax on Overtime, an abolition of most taxes on Social Security benefits, and major relief for seniors.

Every Democrat voted no. With the 2017 act set to expire in December 2025, that would have resulted in the largest tax hike in American history.

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

graguna said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

It was funny seeing Trump go on a MELTDOWN after the Fed raised rates today .... saying that rates should be only 1% or less.

You just cant make this stuff up.

Hahahaha!

https://finance.yahoo.com/economy/policy/article/trump-slams-the-fed-rate-hike-says-he-told-warsh-you-might-as-well-vote-with-the-board-205145796.html

---

That was hardly a meltdown.

---

Question: Where do you think the Fed Funds Rate should be?

Do you agree with Trump that it should be 1% or less?

Dramatically lower than 3.75 - 4.00%?

If so, why?

---

I think rates should have been raised the .25% but almost entirely on the basis of oil prices. The rest of the economy is fairing pretty well currently.

The Fed's statement described economic activity as expanding at a "solid pace," domestic spending as resilient, production growth as strong, capital investment as robust and unemployment as little changed.

---

Go talk to a small business owner. The rest of the economy is NOT fairing well at all.
The economy and asset markets are not the same thing.

---

Good thing I didn't say there were. I own a small business, we are doing just fine.

---

What business are you in?

---

I'd prefer not to say here, I'm sure you can understand why

---

Actually, I see no reason not to disclose that.
It's a simple question.

---

Then you're going to have to live with not knowing, I guess.