HereWeGoAgain
Diamond Member
The stock market is off its lows from mid-June, gas prices have dropped by ten percent off the highs and have been trending down, even through the heavily traveled fourth of July week. Inflationary pressures in the supply chain are being alleviated. Retailers have massive inventories, and they are now moving to slash prices to make room for new merchandise that is just now getting unlocked from the supply chain. Great time to buy a big screen television, I just snapped up a new washer at a lower price than the one I replaced from several years ago. Meat prices are starting to tumble. Had me a nice CAB Tomahawk last week, $8.99 a pound off the usual $19.99 retail. Saw the second price drop in the past few months come down for ground beef next week.
By all indications, things are started to head in the right direction, despite Republican opposition and refusal to do a damn thing other than bitch and moan. If the trend continues, and if the FED backs off over the next few months, you could see inflation coming it at less than three percent, gas prices falling to a more reasonable level, and income start rising faster than inflation. Then what the hell are you Republicans going to run on?
If you found a tomahawk steak for that price it was about to go in the trash.