(05-15-2024 09:41 AM)Marc Mensa Wrote:  

(05-15-2024 09:18 AM)Eagleaidaholic Wrote:  If you add the year over year inflation numbers for April since 2021 (4years) inflation is 20.8%. Compared to the same time period during Trump's term for April 2017 to April 2020 is 7%. April inflation numbers during the Biden term is THREE TIMES MORE than during the Trump term. But by all means let's make stocks even more overpriced. It guest inflation affects stock prices too. The upper class is separating themselves even farther from the middle class today. Yeah Marxism.

& in the 4 years prior to Trump under President Obama, the combined rate of inflation was only 5.5%.

The rate of inflation is steadily dropping from the pandemic-induced spike; & the US & the EU are expecting the rate to fall within the targeted range of 2% by years end.

Yes, when the biggest economy in the world has 40 year high inflation, that trickles down to the rest of the world. Not the other way around. The world follows the US. When the US sucks, that causes major instability in global markets.

Biden blamed Putin anyway.

(05-15-2024 09:53 AM)Redwingtom Wrote:  You're such a pathetic partisan liar.

Uhh no, that would be you Tom.

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

(05-15-2024 09:32 AM)WalkThePlank Wrote:  

(05-15-2024 09:27 AM)Redwingtom Wrote:  

(05-15-2024 09:07 AM)Eagleaidaholic Wrote:  So now 3.4% inflation year over year is good? So, the end of next week it will be adjusted higher and no one will know.

Perhaps you can point to anyone...anywhere...who said this was "good."

They're just numbers...and they were slightly less than expected. So the market reacted with an increase with record highs on the tech side while the Dow jumped close to a record high too.

Inflation alone is not the economy, as I've continually said. And I completely agree, the vast majority of the electorate does not understand, nor pay attention, to this. And of course they will vote based on their individual circumstances and what they perceive.

The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.


Sent from my iPhone using Tapatalk

The stock market is also subject to inflation. The excess cash has to go somewhere. Also, stock market increases mainly benefit the well heeled. Inflation harms everyone, but has a particular detrimental impact on folks with modest means.

(05-15-2024 09:54 AM)WalkThePlank Wrote:  

(05-15-2024 09:41 AM)Marc Mensa Wrote:  

(05-15-2024 09:18 AM)Eagleaidaholic Wrote:  If you add the year over year inflation numbers for April since 2021 (4years) inflation is 20.8%. Compared to the same time period during Trump's term for April 2017 to April 2020 is 7%. April inflation numbers during the Biden term is THREE TIMES MORE than during the Trump term. But by all means let's make stocks even more overpriced. It guest inflation affects stock prices too. The upper class is separating themselves even farther from the middle class today. Yeah Marxism.

& in the 4 years prior to Trump under President Obama, the combined rate of inflation was only 5.5%.

The rate of inflation is steadily dropping from the pandemic-induced spike; & the US & the EU are expecting the rate to fall within the targeted range of 2% by years end.

Yes, when the biggest economy in the world has 40 year high inflation, that trickles down to the rest of the world. Not the other way around. The world follows the US. When the US sucks, that causes major instability in global markets.

Biden blamed Putin anyway.

So, our inflation soared well before the rest of the world?

Can you back that up with any facts?

(05-15-2024 09:55 AM)WalkThePlank Wrote:  

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

I just posted the damned article, with the FACT that the markets hit record highs. Stop reading something into everything.

I've said the same thing countless times here.

(05-15-2024 10:04 AM)Redwingtom Wrote:  

(05-15-2024 09:55 AM)WalkThePlank Wrote:  

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

I just posted the damned article, with the FACT that the markets hit record highs. Stop reading something into everything.

I've said the same thing countless times here.

The question being asked of you is why did you post it in a topic about high inflation if it has no meaning to the topic.?

That's the damn question.

(05-15-2024 10:09 AM)WKUYG Wrote:  

(05-15-2024 10:04 AM)Redwingtom Wrote:  

(05-15-2024 09:55 AM)WalkThePlank Wrote:  

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

I just posted the damned article, with the FACT that the markets hit record highs. Stop reading something into everything.

I've said the same thing countless times here.

The question being asked of you is why did you post it in a topic about high inflation if it has no meaning to the topic.?

That's the damn question.

It. Is. In. The. *******. Article.

And I started the damned thread, which is about the CPI, as well. And the markets reacted positively because of the report. Not rocket science.

(05-15-2024 10:00 AM)Tiger1983 Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  

(05-15-2024 09:27 AM)Redwingtom Wrote:  

(05-15-2024 09:07 AM)Eagleaidaholic Wrote:  So now 3.4% inflation year over year is good? So, the end of next week it will be adjusted higher and no one will know.

Perhaps you can point to anyone...anywhere...who said this was "good."

They're just numbers...and they were slightly less than expected. So the market reacted with an increase with record highs on the tech side while the Dow jumped close to a record high too.

Inflation alone is not the economy, as I've continually said. And I completely agree, the vast majority of the electorate does not understand, nor pay attention, to this. And of course they will vote based on their individual circumstances and what they perceive.

The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.


Sent from my iPhone using Tapatalk

The stock market is also subject to inflation. The excess cash has to go somewhere. Also, stock market increases mainly benefit the well heeled. Inflation harms everyone, but has a particular detrimental impact on folks with modest means.

Correct - the Fed has tried to hide inflation by issuing asset inflation in the stock market. It's been doing that since 2009.

(05-15-2024 10:04 AM)Redwingtom Wrote:  

(05-15-2024 09:55 AM)WalkThePlank Wrote:  

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

I just posted the damned article, with the FACT that the markets hit record highs. Stop reading something into everything.

I've said the same thing countless times here.

You posted a fact then followed it with a non sequitur.

(05-15-2024 10:25 AM)WalkThePlank Wrote:  

(05-15-2024 10:04 AM)Redwingtom Wrote:  

(05-15-2024 09:55 AM)WalkThePlank Wrote:  

(05-15-2024 09:51 AM)Redwingtom Wrote:  

(05-15-2024 09:32 AM)WalkThePlank Wrote:  The stock market isn’t the economy. One snapshot of one day of the stock market isn’t even the stock market.

Yeah, everyone knows that. Your point?

You brought up stock market highs for some reason. Maybe you can explain it.

I just posted the damned article, with the FACT that the markets hit record highs. Stop reading something into everything.

I've said the same thing countless times here.

You posted a fact then followed it with a non sequitur.

Dude, go look at the damned OP.

It says that the CPI came in lighter than predicted and that as a result the markets hit record highs.

That's a sequitur.

Toms having a "moment" again....

(05-15-2024 10:02 AM)Redwingtom Wrote:  

(05-15-2024 09:54 AM)WalkThePlank Wrote:  

(05-15-2024 09:41 AM)Marc Mensa Wrote:  

(05-15-2024 09:18 AM)Eagleaidaholic Wrote:  If you add the year over year inflation numbers for April since 2021 (4years) inflation is 20.8%. Compared to the same time period during Trump's term for April 2017 to April 2020 is 7%. April inflation numbers during the Biden term is THREE TIMES MORE than during the Trump term. But by all means let's make stocks even more overpriced. It guest inflation affects stock prices too. The upper class is separating themselves even farther from the middle class today. Yeah Marxism.

& in the 4 years prior to Trump under President Obama, the combined rate of inflation was only 5.5%.

The rate of inflation is steadily dropping from the pandemic-induced spike; & the US & the EU are expecting the rate to fall within the targeted range of 2% by years end.

Yes, when the biggest economy in the world has 40 year high inflation, that trickles down to the rest of the world. Not the other way around. The world follows the US. When the US sucks, that causes major instability in global markets.

Biden blamed Putin anyway.

So, our inflation soared well before the rest of the world?

Can you back that up with any facts?

It's common sense. We are a debtor nation that is driven on consumption and trade with other countries. When our population can't afford basic items (which are manufactured overseas) then their markets suffer.

The Euro actually had deflation in late 2020 because our economy shut down and was no longer buying from them, as an example.


The US hit 5% inflation in May of 2021, the Euro didn't hit 5% until December of 2021.

https://tradingeconomics.com/united-stat...of%201921.

https://tradingeconomics.com/euro-area/inflation-cpi

China had insane inflation in 2020, but returned to normal levels in 2021. Now they have sudden deflation which ultimately caused by the US demand dropping massively.

The Fed isn't going to cut rates for a while, imo.

(05-15-2024 11:08 AM)VA49er Wrote:  The Fed isn't going to cut rates for a while, imo.

I tend to agree.

(05-15-2024 09:27 AM)Redwingtom Wrote:  

(05-15-2024 09:07 AM)Eagleaidaholic Wrote:  So now 3.4% inflation year over year is good? So, the end of next week it will be adjusted higher and no one will know.

Perhaps you can point to anyone...anywhere...who said this was "good."

They're just numbers...and they were slightly less than expected. So the market reacted with an increase with record highs on the tech side while the Dow jumped close to a record high too.

Inflation alone is not the economy, as I've continually said. And I completely agree, the vast majority of the electorate does not understand, nor pay attention, to this. And of course they will vote based on their individual circumstances and what they perceive.

Tom says (above):

- They're just numbers
- Who said this was "good"

Ok Tom, If they are "just numbers", and "nobody said they were good"; Why did you go out of your way in the OP to highlight and underline all the positives rather than just put the quote in there as it was taken from the article? We all can read for ourselves, we don't need to be subliminally drawn to the bold and underlined.

You cannot post things, bring attention to highlight specifics that direct opinion, and then also say "it is meaningless", or feign some kind of neutrality. It is hypocritical at best.

Sure Green posts the negatives, I am not sure I have seen him deny that anywhere; unlike you, who is "independent" and "just sharing data points" while also going out of your way to push the narrative like you did in the OP. You can deny all you want, but it is clear to all.

How about stop denying and just own your bias. Nobody actually cares that you support Biden, it is the completely hypocritical way you go about doing it that pizzes everyone off. Go in your closet, find your blue "Joe Biden Felt me up, and I liked it" Tee-shirt and stop pretending to be independent.

(05-15-2024 12:08 PM)Eldonabe Wrote:  

(05-15-2024 09:27 AM)Redwingtom Wrote:  

(05-15-2024 09:07 AM)Eagleaidaholic Wrote:  So now 3.4% inflation year over year is good? So, the end of next week it will be adjusted higher and no one will know.

Perhaps you can point to anyone...anywhere...who said this was "good."

They're just numbers...and they were slightly less than expected. So the market reacted with an increase with record highs on the tech side while the Dow jumped close to a record high too.

Inflation alone is not the economy, as I've continually said. And I completely agree, the vast majority of the electorate does not understand, nor pay attention, to this. And of course they will vote based on their individual circumstances and what they perceive.

Tom says (above):

- They're just numbers
- Who said this was "good"

Ok Tom, If they are "just numbers", and "nobody said they were good"; Why did you go out of your way in the OP to highlight and underline all the positives rather than just put the quote in there as it was taken from the article? We all can read for ourselves, we don't need to be subliminally drawn to the bold and underlined.

You cannot post things, bring attention to highlight specifics that direct opinion, and then also say "it is meaningless", or feign some kind of neutrality. It is hypocritical at best.

Sure Green posts the negatives, I am not sure I have seen him deny that anywhere; unlike you, who is "independent" and "just sharing data points" while also going out of your way to push the narrative like you did in the OP. You can deny all you want, but it is clear to all.

How about stop denying and just own your bias. Nobody actually cares that you support Biden, it is the completely hypocritical way you go about doing it that pizzes everyone off. Go in your closet, find your blue "Joe Biden Felt me up, and I liked it" Tee-shirt and stop pretending to be independent.

A G A I N, I'm not a ******* Independent, you damned clown!

And I highlighted and underlined the stuff to make my point...that it appears positive to Biden, hence why Green didn't post it.

Geez, you're slow.

(05-15-2024 12:08 PM)Eldonabe Wrote:  How about stop denying and just own your bias. Nobody actually cares that you support Biden, it is the completely hypocritical way you go about doing it that pizzes everyone off. Go in your closet, find your blue "Joe Biden Felt me up, and I liked it" Tee-shirt and stop pretending to be independent.

+a zillion

(05-15-2024 12:16 PM)Redwingtom Wrote:  A G A I N, I'm not a ******* Independent, you damned clown!

And I highlighted and underlined the stuff to make my point...that it appears positive to Biden, hence why Green didn't post it.

Geez, you're slow.

Geez you're such a liar.

(05-15-2024 12:08 PM)Eldonabe Wrote:  

(05-15-2024 09:27 AM)Redwingtom Wrote:  

(05-15-2024 09:07 AM)Eagleaidaholic Wrote:  So now 3.4% inflation year over year is good? So, the end of next week it will be adjusted higher and no one will know.

Perhaps you can point to anyone...anywhere...who said this was "good."

They're just numbers...and they were slightly less than expected. So the market reacted with an increase with record highs on the tech side while the Dow jumped close to a record high too.

Inflation alone is not the economy, as I've continually said. And I completely agree, the vast majority of the electorate does not understand, nor pay attention, to this. And of course they will vote based on their individual circumstances and what they perceive.

Tom says (above):

- They're just numbers
- Who said this was "good"

Ok Tom, If they are "just numbers", and "nobody said they were good"; Why did you go out of your way in the OP to highlight and underline all the positives rather than just put the quote in there as it was taken from the article? We all can read for ourselves, we don't need to be subliminally drawn to the bold and underlined.

You cannot post things, bring attention to highlight specifics that direct opinion, and then also say "it is meaningless", or feign some kind of neutrality. It is hypocritical at best.

Sure Green posts the negatives, I am not sure I have seen him deny that anywhere; unlike you, who is "independent" and "just sharing data points" while also going out of your way to push the narrative like you did in the OP. You can deny all you want, but it is clear to all.

How about stop denying and just own your bias. Nobody actually cares that you support Biden, it is the completely hypocritical way you go about doing it that pizzes everyone off. Go in your closet, find your blue "Joe Biden Felt me up, and I liked it" Tee-shirt and stop pretending to be independent.