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Unexpected.....
<< Investors spooked by inflation >>
Wall Street should’ve considered that before supporting Biden’s candidacy. They KNEW he’d be printing dollars by the trillions.
Gas lines, hyperinflation on the horizon, we’re a joke in the international community...
Biden did in 100 days what it took Jimmy Carter to do in 4 years.
I price things for a living.
We started our planning for hyperinflation about 2 weeks ago, after quite substantial increases already in January.
Unexpected....except by the millions of Trump voter who said this would happen.
gas lines, out of control spending, raging inflation, a hot Middle East - yep, they’re back. bad policies, bad results.
If investors believe inflation is coming or getting worse where are they moving their ‘money’ to?
Do they fear a less valuable dollar? (then they wouldn’t want to hold cash).
Is there a greater fear of a fed interest rate hike in response?
I know that CPI is Consumer Price Index. What do MoM and YoY stand for?
Joe’s solution: Spend more money
4.2% my foot.
Capitulation followed by a rally. Bring it on.
Dow down almost 500 yesterday, nearly 300 today. Great job, Xiden!
Where did the buyers of stocks think the revenue increases of the companies they were bidding up came from, if not money-printing and “stimulation” by legal fiat resulting in inflation? The consumers knew it. They saw it rising in food markets beginning months ago and they saw it in housing prices beginning months ago. Did buyers of stocks think that stocks were immune? Any stock buying and holding outfit that is surprised by the inflation should not be in charge of investing in stocks.
PARTY LIKE IT’S 1979!....................