two types of peeps that make these threads good entertainment to me

academic Intellectuals
and
contrarian Intelwrecktuals

I'm pretty sure "the regulars" know which ones are which
Nice to see both in one thread.

a two'fer of entertainment value


..L.T.A.

 

Watch the Federal Reserve, who we are supposed to trust, start cutting interest rates in 2024 before core inflation is at their 2% target. They will want to make sure the election leans a certain direction and it will be cut 2-3 times, regardless of how sticky core inflation is. Remember, they have said repeatedly over the last 24 months they prefer core inflation over CPI. This is how they justified raising rates 11 times in the last 2 years. Yellon, the treasury secretary and paid shill, will also be trumpeting how great the economy is and how great a job the Federal Reserve has done.

She was another one who like Powell was lying to us about inflation being transitory. Lets also not forget about the morons in congress that passed at least 5 COVID related stimulus packages during this timeframe on top of the artificially low rates and trillions in quantitative easing. They also ballooned the domestic spending budgets for non COVID including things like $80B for the IRS, $700B in green energy pandering (they had the nerve to title this legislation the Inflation Reduction Act to hide and mislead the public), billions in bailouts for torn up cities that were burnt and looted in 2024 as the elected leaders watched anarchy take place. I could go on and on with the unlimited spending to pander and buy votes as hard working middle-class Americans get saddled with unlimited government debt.

As stated, look for 2-3 rate cuts in 2024 which should help buyers who finance bikes.

 

No, more like people with economic sense and clueless, lol. No offense, they can bitch and moan and I’ll keep making money in the stock market. BTW, the s&p 500 is just about at an all time high and not close to being done.

 

You are not the only one here in the stock market. There is a reason I watch the Federal Reserve and read their minutes. I have been investing in the S&P 500 since 1986 and have never let up. Just because you and I know how to invest and get rich doesn’t negate anything I stated above.

 

My wallet and bank account know that.

 

These things are selling like donuts at the dealers . But they’ll be dirt cheap within the next ten years .

 

Wrong again.

The CPI does include both food and fuel.

https://www.bls.gov/opub/hom/cpi/concepts.htm

 

Hmmm . . . Did the used bike prices go up or down after the 11 pages?

 

a big zero for downzero again. cpi and inflation arent the same. try some comprehension, itll help you out.

 

Prices going down like every winter.