Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

So the trump appointed Fed chair and their committee are all in the tank for Harris. I guess if true, they see that her plans are better than trumps...just like most all the economists do.

(09-18-2024 03:29 PM)Redwingtom Wrote:  

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

So the trump appointed Fed chair and their committee are all in the tank for Harris. I guess if true, they see that her plans are better than trumps...just like most all the economists do.

Because higher corporate taxes and increased government spending does wonders for inflation.
If Kamala had the answers why didn't she help old Joe and the rest of us out the last 4 years?

(09-18-2024 03:35 PM)bearcat65 Wrote:  

(09-18-2024 03:29 PM)Redwingtom Wrote:  

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

So the trump appointed Fed chair and their committee are all in the tank for Harris. I guess if true, they see that her plans are better than trumps...just like most all the economists do.

Because higher corporate taxes and increased government spending does wonders for inflation.
If Kamala had the answers why didn't she help old Joe and the rest of us out the last 4 years?

Pretty sure Trump appointed the FBI director also, and the FBI fed Facebook a total lie that some "Russian Disimformation" against Biden would be coming out, when they had possession of the Laptop.

(09-18-2024 03:35 PM)bearcat65 Wrote:  

(09-18-2024 03:29 PM)Redwingtom Wrote:  

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

So the trump appointed Fed chair and their committee are all in the tank for Harris. I guess if true, they see that her plans are better than trumps...just like most all the economists do.

Because higher corporate taxes and increased government spending does wonders for inflation.
If Kamala had the answers why didn't she help old Joe and the rest of us out the last 4 years?

Do you need a refresher on the powers of the VP from your civics classes?

(09-18-2024 03:29 PM)Redwingtom Wrote:  

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

So the trump appointed Fed chair and their committee are all in the tank for Harris. I guess if true, they see that her plans are better than trumps...just like most all the economists do.

powell politicized the fed ...
what you couldn't wait 48 days ...
and trump's on record wanting to fire the motherf*cker ...
commie tommie breathlessly posting 50 bps cut ...
thinking its going to help kambala down the stretch ...
too little too late ...
perceptions about bidenomics have crystalized ...
high inflation ...
high interest rates ...
unmanageable debt ...
you're fired ...

FAILING GRADE

record market highs (no wonder why now)
gas drops muh 0.50/gal basically overnight
price points are still fluid
record debt
record credit card debt
record 'not worth a fk' college loan debt
record infiltration
record those on the teat
record exodus from blue to red
--->>> pick your fk'n poison --->>>
2 assassination attempts

yo commies, ewes can liqua muh fuq'n deequa ... every fk'n one ewes can go buy 'fweeee' pager now....

(09-18-2024 03:16 PM)Redwingtom Wrote:  

(09-18-2024 03:03 PM)Attackcoog Wrote:  

(09-18-2024 01:23 PM)WalkThePlank Wrote:  Aggressive.

The Fed must know it's going to be a rocky road ahead.

Wont be surprised if the recession gets back dated to a couple of months ago.

On what possible grounds? GDP going to get an unprecedented revision downward? Unemployment rate off by 5%?

What pray tell...other than "feels" could possibly lead you to this conclusion?

Longest period of an inverted curve since 1929. The market does a usual rally before the crash. It could very well be possible.

DOW crossed over 42k for the first time ever this morning...and trump's meme dipped below $15 on the NASDAQ.

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

I don't think this has anything to do with politics, to be honest. The Federal Reserve may believe rough days lay ahead for the economy and is trying to lessen the blow, so to speak. Charles Payne of Fox Business pointed this out and after thinking about it for a little while, I've decided he's on to something. (If I'm wrong, I'm wrong, but I don't think I am.)

(09-19-2024 11:06 AM)GeminiCoog Wrote:  

(09-18-2024 03:20 PM)THE NC Herd Fan Wrote:  Nice political move for Kamala, inflation isn't down to the point they said it had to be, this might stimulate the economy and start to drive it up. Interest rate reductions take a year or more to trickle through the economy no reason this couldn't have waited till the November meeting.

I don't think this has anything to do with politics, to be honest. The Federal Reserve may believe rough days lay ahead for the economy and is trying to lessen the blow, so to speak. Charles Payne of Fox Business pointed this out and after thinking about it for a little while, I've decided he's on to something. (If I'm wrong, I'm wrong, but I don't think I am.)

Not to mention the FED also said he looks for TWO MORE cuts before the end of the year. That could be a full percentage point or more in less than 4 months. That is drastic measures considering the most recent inflation rate before being adjusted upward, which we know it will, is 2.5%. That is no reason to drop a rate. It's justification for the complete opposite.

If you look at the monthly Inflation numbers for the past 3 months and go back to the year to year inflation numbers for those three months. Inflation has actually gone up over 2 years for those three months.
June '23 3.0% + June '24 3.0% = 6.0% over 2 years
July '23 3.2% + July '24 2.9% = 6.1% over 2 years
Aug '23 3.7% + Aug '24 2.5% = 6.2% over 2 years.
So if the Aug '23 inflation number was the average of the 2 previous months of 3.1% the Aug '24 number would have been 3.1% which is higher than the two previous months in '24. Am I missing something? The only reason the year over year decreased is because the Aug '23 number was so much higher than the previous two '23 numbers.

(09-19-2024 03:59 PM)Eagleaidaholic Wrote:  If you look at the monthly Inflation numbers for the past 3 months and go back to the year to year inflation numbers for those three months. Inflation has actually gone up over 2 years for those three months.
June '23 3.0% + June '24 3.0% = 6.0% over 2 years
July '23 3.2% + July '24 2.9% = 6.1% over 2 years
Aug '23 3.7% + Aug '24 2.5% = 6.2% over 2 years.
So if the Aug '23 inflation number was the average of the 2 previous months of 3.1% the Aug '24 number would have been 3.1% which is higher than the two previous months in '24. Am I missing something? The only reason the year over year decreased is because the Aug '23 number was so much higher than the previous two '23 numbers.

Fun with numbers,

(09-18-2024 03:16 PM)Redwingtom Wrote:  

(09-18-2024 03:03 PM)Attackcoog Wrote:  

(09-18-2024 01:23 PM)WalkThePlank Wrote:  Aggressive.

The Fed must know it's going to be a rocky road ahead.

Wont be surprised if the recession gets back dated to a couple of months ago.

On what possible grounds? GDP going to get an unprecedented revision downward? Unemployment rate off by 5%?

What pray tell...other than "feels" could possibly lead you to this conclusion?

lol---other than the underlying fundamentals in manufacturing being in contraction for a year----along with the longest inverted yield curve since the Great Depression---retail sales that are barely growing as a nominal figure (meaning they are negative in inflation adjusted dollars), substantial increases in bankruptcies/credit default rates, and extended period where there is a massive divergence between the trends of ADP and official government job growth numbers? The reality is by the time you are officially notified we are in a recession, the nation will have already been in recession for 6 months or more. Recessions are always back dated.

I'm hearing this rate cut will probably increase inflation. Is there maybe any truth to this?

(09-18-2024 01:44 PM)Frank Grimes Wrote:  In before, “RiGhT bEfOrE tHe ElEcTiOn, Of CoUrSe”

If Biden had such control to guide this economy into politically favorable timing, he should be commended not ridiculed.

(09-19-2024 06:30 PM)Redbanksdog Wrote:  I'm hearing this rate cut will probably increase inflation. Is there maybe any truth to this?

ya think ... ain' no "will probably" to it...

this is their last shot a salvaging a loser until the election ... they know XACLY! wtf and why the fk they moved it a half...

if kumswallah manages the bold in the tally, it's game over

if #groverII, they've set his arse up and only prolonged the inevitable...

either way, it's nothing but another hiccup in time if the latter...

@can'tShiteTheShiTTTer ... #wealthSiphonContinuesEitherWay #Capiche?!

(09-19-2024 06:07 PM)Attackcoog Wrote:  

(09-18-2024 03:16 PM)Redwingtom Wrote:  

(09-18-2024 03:03 PM)Attackcoog Wrote:  

(09-18-2024 01:23 PM)WalkThePlank Wrote:  Aggressive.

The Fed must know it's going to be a rocky road ahead.

Wont be surprised if the recession gets back dated to a couple of months ago.

On what possible grounds? GDP going to get an unprecedented revision downward? Unemployment rate off by 5%?


What pray tell...other than "feels" could possibly lead you to this conclusion?

lol---other than the underlying fundamentals in manufacturing being in contraction for a year----along with the longest inverted yield curve since the Great Depression---retail sales that are barely growing as a nominal figure (meaning they are negative in inflation adjusted dollars), substantial increases in bankruptcies/credit default rates, and extended period where there is a massive divergence between the trends of ADP and official government job growth numbers? The reality is by the time you are officially notified we are in a recession, the nation will have already been in recession for 6 months or more. Recessions are always back dated.

#roaring20sPartDeux

again, once the boomers wealth is fully siphoned, it's game over for too many ... one is a fk'n idiot if they don't realize why this round of inflation was beyond obviously intentional....

20 under a roof will become the new standard of the 'murican dream ... right now, it's in the developmental phase...

there's a reason I told pops back in HS, "your gen hit the lottery of our species ... if you're still kickin', you'll understand ~'30..." ... never saw DJT comin', so yeah, I whiffed that benchmark by a decade ... after he won the polysci upset of all time, they had no choice but to accelerate the schism...

yeah, he's still kickin' ... doesn't call me a pessimist anymore, either ... @loveYaPops #simpleNumbersGameInTheFiat