The economy. Hot, or not?

[John Edgar Slow Horses]

Powell's kickers for Biden will be not the .25 cuts in Mar, May, and June but the yet to be announced 1.0 cuts in August and September.

 

[JohnDB]

Does it bother you at all that you cherry pick the negative but ignore all the positive?

If only....
Sure the market is up today...but...
The data I'm using is not about momentary spikes or declines in the market. (Unless a trend demonstrates something significant...and there are a few)

These data sets are about general direction of the financial health of the people and the economy at large. Meaning that this is not exactly headline news until its way too late to do anything. (You can lose your money playing glamor stocks very quickly)

Look at what the Senate(who ALWAYS beats the street) is investing in....
Things like gold, foreign currencies, and micro cap stocks....(Which they should start divesting soon enough and picking up more cherry picked stocks)

These Senators and the White House may be saying the economy is doing great but then with their personal assets they are doing the exact opposite and getting prepared for a recession.

Believe none of what you hear and half of what you see.

Works with portfolios too.

 

[Billy000]

If only....
Sure the market is up today...but...
The data I'm using is not about momentary spikes or declines in the market. (Unless a trend demonstrates something significant...and there are a few)

These data sets are about general direction of the financial health of the people and the economy at large. Meaning that this is not exactly headline news until its way too late to do anything. (You can lose your money playing glamor stocks very quickly)

Look at what the Senate(who ALWAYS beats the street) is investing in....
Things like gold, foreign currencies, and micro cap stocks....(Which they should start divesting soon enough and picking up more cherry picked stocks)

These Senators and the White House may be saying the economy is doing great but then with their personal assets they are doing the exact opposite and getting prepared for a recession.

Believe none of what you hear and half of what you see.

Works with portfolios too.

The economy doesn’t have to be doing perfectly to being great.

 

[John Edgar Slow Horses]

People are far better off than the middle of 2020 or 21 or 22.

They will be better off this time next year after Biden is re-elected.

 

[JohnDB]

The economy doesn’t have to be doing perfectly to being great.

We still have not recovered from the quarantines....and yet hit runway inflation and a faltering economy with a ballooning federal debt.

That's the problem!

A largely falling dollar tells more of the problem too. Meaning that inflation is not over yet but the Fed is popping things up just to crash more severely again later.

This is how a nation crumbles apart. Literally....I don't know if America can survive much more of "Bidenomics"

 

[sparky]

13 pages of US citizens buffaloed, and counting.....

~S~

 

[pknopp]

We still have not recovered from the quarantines....and yet hit runway inflation and a faltering economy with a ballooning federal debt.

That's the problem!

A largely falling dollar tells more of the problem too. Meaning that inflation is not over yet but the Fed is popping things up just to crash more severely again later.

This is how a nation crumbles apart. Literally....I don't know if America can survive much more of "Bidenomics"

Bidenomics is Trumpnomics and Obamanomics.

 

[Couchpotato]

People are far better off than the middle of 2020 or 21 or 22.

They will be better off this time next year after Biden is re-elected.

The middle of the Pandemic? And half of Biden’s term. LOL.

 

[JohnDB]

 

[JohnDB]

 

[sparky]

trying to make sense here is like trying to thread a needle with an oyster John.....~S~

 

[JohnDB]

 

[John Edgar Slow Horses]

The middle of the Pandemic? And half of Biden’s term. LOL.

Jerome Powell is taking the economic card away from MAGA.

 

[JohnDB]

Jerome Powell is taking the economic card away from MAGA.

I don't care one thing about the MAGA crowd...
However....

I am not going to let someone urinate on me and believe them when they try to convince me it's raining.

 

[Couchpotato]

Jerome Powell is taking the economic card away from MAGA.

The polling on that subject doesn’t reflect that. People don’t care how good the economy is doing in the macro when it sucks for them in the micro.

 

[JohnDB]

 

[JoeB131]

only?

Over three years, it's really not that much.

 

[Stormy Daniels]

Despite all of the facts and figures the left want to dish out

Why let those pesky things get in the way, right?

 

[The Duke]

Over three years, it's really not that much.

Why let those pesky things get in the way, right?

You two shitbirds are as clueless as Maxwell Smart.

You probably both get some kind of free government check and EBT.

 

[JoeB131]

You two shitbirds are as clueless as Maxwell Smart.

You probably both get some kind of free government check and EBT.

Nope, I do pretty well, unlike whatever inbred rural trailer park you come from.