33 replies to this topic

[pdx5]

 

If you really believe at unenployment #, why we have not a better GDP? And also who will buy all this merchandise that is been produce?

 

Carl

Wow...common sense...a rare thing these days.

 

Post election "adjustments" coming to the employment numbers....you can pretty much take that one to the bank.

 

I am old enough to remember the chip SHORTAGE

 

https://www.philstoc...on-supply-glut/

 

This is my 62nd year living in United States as an adult. I have never ever seen so many help wanted signs in stores, restaurants, retail, hotels, etc. MacDonald's in my city can not find burger flippers at $12/hour to START plus benefits. My grocery store can not find workers at $16/hour to stock shelves. Never in my 62 years in USA I have seen anything like this. Just 15 years ago my kids in highschool had hard time finding any part time jobs at minimum wage.

[pdx5]

 

If you really believe at unenployment #, why we have not a better GDP? And also who will buy all this merchandise that is been produce?

 

Carl

Wow...common sense...a rare thing these days.

 

Post election "adjustments" coming to the employment numbers....you can pretty much take that one to the bank.

 

I am old enough to remember the chip SHORTAGE

 

https://www.philstoc...on-supply-glut/

 

Keep in mind how UNemployment numbers are calculated. If you are NOT actively looking for jobs, you are NOT counted as unemployed.

As I said in my post above, many people are just content to stay at home collecting welfare benfits. Those are NOT counted as unemployed.

[pdx5]

253 

Fed speak of the week: A unified, resolute stance in the inflation fight

Following the Federal Reserve’s super-sized interest rate hike and another hot read on inflation, a slew of Fed speak this week indicated that central bank officials are unified in the task of cooling inflation — even in the face of global market turmoil.

Across statements, the message was clear: The Fed plans to continue raising rates higher and then hold them there is “clear and convincing” evidence that inflation is cooling. And while recession risk has risen, it’s not the base case expectation.

[Carl]

I really do not where you gentleman live, but here in Connecticut, huge democrat state, I do not see big request for help. Car dealers are empty ,most are used CARS, Walmart,Costco, Sams, Target, Home Depot or Lowes, Macy and a lot other are not as busy as before.And please do not say Grocery need help. If USA was the way you designed, we should LOOK AT THE SKY.

 

Carl

[Carl]

I really do not where you gentleman live, but here in Connecticut, huge democrat state, I do not see big request for help. Car dealers are empty ,most are used CARS, Walmart,Costco, Sams, Target, Home Depot or Lowes, Macy and a lot other are not as busy as before.And please do not say Grocery need help. If USA was the way you designed, we should LOOK AT THE SKY.

 

Carl

[K Wave]

https://www.zerohedg...ng-expectations


And there's a Miss by Tesla. Now we see the all-important market reaction to it....

[K Wave]

Long term chart I found that shows just HOW EPIC the funny money bubble was...

 

 

 

source: https://www.longterm...y-vs-inflation/

Edited by K Wave, 02 October 2022 - 03:51 PM.

[K Wave]

And this is an eye opening chart.

 

Now we see if other countries follow UK lead or not...

IF not, likely more pain ahead.

 

 

https://twitter.com/...MC-_YnGueErAAAA

Edited by K Wave, 02 October 2022 - 03:55 PM.

[K Wave]

Another measure of the craziness we just saw....SP/Home Price

 

[

[K Wave]

With interest rates exploding out of the 40 year low to more normal levels...how long until SP yield does so as well???

 

And what would a doubling of the dividend yield imply for stock prices going forward....yeah...we are still in total fantasy land here...