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CPI tomorrow


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#21 redfoliage2

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Posted 10 December 2021 - 10:44 AM

 

Month over month CPI data more meaningful that are lower for both CPI and core CPI, that indicate trend changes.  YOY data useless when looking for trend changes......................

BTW, I see MOM CPI will be even lower for next month.....................

 

Today's CPI should give the Fed a relief if they got a brain .........................



#22 12SPX

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Posted 10 December 2021 - 11:10 AM

No offence but give me a break.  I'm from back in the day when a stimulating Fed had a fed funds rate of 3.00%.  Because of what they have done it has created the biggest bubble ever and inflation, its not a good thing!! 



#23 chem

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Posted 10 December 2021 - 12:40 PM

 9.6% annualized inflation is horrendous, welcome back to the seventies, where is Volcker when you need him....



#24 redfoliage2

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Posted 10 December 2021 - 01:07 PM

Regarding inflation my analysis indicates CPI is slowing down and Month-over-month CPI data was peaked and it's likely to be further lower for next data release.  Forget about YOY CPI it's useless in predicting trend.  Just a hot topic for talking heads   ...............


Edited by redfoliage2, 10 December 2021 - 01:08 PM.


#25 pdx5

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Posted 11 December 2021 - 11:29 AM

No offence but give me a break.  I'm from back in the day when a stimulating Fed had a fed funds rate of 3.00%.  Because of what they have done it has created the biggest bubble ever and inflation, its not a good thing!! 

You are right as usual. The entire mess is at the feet of FED but also at the feet of politicians who keep raising debt limits to spend on NON-PRODUCTIVE venues. FED thinks they can repeal the laws of economic cycles.

They try to repeal recessions by printing money. All that does is create unnecessary inflation. A recession is a good thing,because it gets rid of inefficient entities. It is like pruning dead wood, which paves path for vigorous growth.

 

So...inflation is now at 7% but FED wants you to buy Treasuries yielding 1%. What's with that?

In summary, only thing FED has accomplished is more violent cycles of boom and bust.


Edited by pdx5, 11 December 2021 - 11:29 AM.

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#26 fib_1618

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Posted 11 December 2021 - 11:48 AM

Added to promote further discussion on Fed Monetary Policy.

 

Fib

 

boombust121021.png

 

 


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#27 bigtrader

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Posted 12 December 2021 - 09:15 AM

 

No offence but give me a break.  I'm from back in the day when a stimulating Fed had a fed funds rate of 3.00%.  Because of what they have done it has created the biggest bubble ever and inflation, its not a good thing!! 

You are right as usual. The entire mess is at the feet of FED but also at the feet of politicians who keep raising debt limits to spend on NON-PRODUCTIVE venues. FED thinks they can repeal the laws of economic cycles.

They try to repeal recessions by printing money. All that does is create unnecessary inflation. A recession is a good thing,because it gets rid of inefficient entities. It is like pruning dead wood, which paves path for vigorous growth.

 

So...inflation is now at 7% but FED wants you to buy Treasuries yielding 1%. What's with that?

In summary, only thing FED has accomplished is more violent cycles of boom and bust.

 

Pointless to repeat but a great post. Something I've been trying to pound into the heads of my group. Have said for years cycles will do what they do. Corrections will happen but all the excess creates bigger swings. Good trades can capitalze while permas get sea sick riding the waves.


No longer interested in debating with IGNORANT people.