Anyone Afraid Of Inflation?

[beatupbrown]

what is interesting the Dollar is at a 20-year high vs the Euro that shows you what shape the world economy is in.

Raising rates may choke off real -state but single family homes are still somewhat strong mainly from lack of supply each BIG city is a little different.
Oil is really the main issue no shocker oil is traded in dollars.

The strength of the US dollar is adding an average of about $20 a barrel extra when measured in local currencies, “to reach levels equivalent to $150/bbl Brent.”

 

[oldngray]

https://twitter.com/i/web/status/1542214066218774528

 

[UnionStrong]

https://twitter.com/i/web/status/1542214066218774528

These people are in charge….scary

 

[Over70irregs]

I am waiting for another housing crash. In 2009 I bought my house that was selling for $365,000 in 2005 for $82,000. The Realtor is now telling me this house is worth $335,000. So it seems we are back to where we was before the last crash.

A good old smaller home locked in low rate is good as gold. I have a friend who bought a bigger home in vegas but kept their townhouse.

 

[IVE GOTTA PACKAGE 4U]

"Premarket stocks: Cotton's plunge: Recession warning or just another market mess? - CNN" Cotton's plunge: Recession warning or just another market mess?

 

[Over70irregs]

"Premarket stocks: Cotton's plunge: Recession warning or just another market mess? - CNN" Cotton's plunge: Recession warning or just another market mess?

Both?

 

[IVE GOTTA PACKAGE 4U]

Both?

??

 

[Up In Smoke]

So with the June jobs number adding 381k private sector jobs and wages growing at .03% month over month, does that help ease anyone's fears of a recession?

 

[UnionStrong]

So with the June jobs number adding 381k private sector jobs and wages growing at .03% month over month, does that help ease anyone's fears of a recession?

 

[Over70irregs]

??

Combo of both In title. 1. Recession warning 2. Market mess. Should have clipped title for clarity.

 

[Over70irregs]

So with the June jobs number adding 381k private sector jobs and wages growing at .03% month over month, does that help ease anyone's fears of a recession?

They are number fudgers at their convenience. Similar to CPI…

 

[Wally]

9.1%!!!

...another month of the fastest pace for inflation going back to December 1981.

Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify

The consumer price index, soared 9.1% from a year ago, above the 8.8% Dow Jones estimate.

www.cnbc.com

 

[Over70irregs]

The USA has two choices:

i) Debase
ii) Default

Guess which one is coming?…..

 

[TearsInRain]

The USA has two choices:

i) Debase
ii) Default

Guess which one is coming?…..

they'll hold onto the raising rates gimmick as long as they can, then the money printers go BRRRR and we Weimar Republic baby

guess what comes after that

 

[oldngray]

https://twitter.com/i/web/status/1547200361215180800

 

[Over70irregs]

they'll hold onto the raising rates gimmick as long as they can, then the money printers go BRRRR and we Weimar Republic baby

guess what comes after that

Do tell…

 

[TearsInRain]

Do tell…

 

[Over70irregs]

Mentality + economic upheaval = deadly mix. Interesting thing we had the mentality but the $ component wasn’t there. We are slowly getting the $ component but the mentality is lacking. Amazing. Weimar excellent knowledge drop.

 

[Commercial Inside Release]

Meh. The US would have to have a brutal civil war, before it can take on any real adversaries. Right now, the US would be fighting with one hand tied behind it's back, because of woke\occupy\blm\antifa\looting\savetheplanet\greatresignation\looting\arson\protest\homelesszombies\etc.

 

[Over70irregs]

Biggest problem is within. It’s blatantly obvious. Too bad.