Thebrownblob
Well-Known Member
L O L I bet Carol is pissed
Anyone Afraid Of Inflation?
- Thread starter Wally
- Start date
Future generations better not follow boomers down retirement 'Road to Nowhere'
The boomers, the richest generation in American history, is in a dicey financial predicament as they approach retirement.
www.investmentnews.com
Lineandinitial
Legio patria nostra
Future generations better not follow boomers down retirement 'Road to Nowhere'
The boomers, the richest generation in American history, is in a dicey financial predicament as they approach retirement.
Over70irregs
Well-Known Member
Bond invest 10 years ago
That's a fairly specific ETF, you can find bond funds that have better returns over the same time frame.
Over70irregs
Well-Known Member
Bonds is tip off iceberg.
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Rising inflation pushed Americans to pick between paying their bills or saving for the future: Allianz
Continued market volatility in the U.S. economy caused many Americans to report that they had to cut down on saving for the future, according to a recent Allianz survey.
Thebrownblob
Well-Known Member
It’s definitely getting rough out there for a lot of peopleRising inflation pushed Americans to pick between paying their bills or saving for the future: Allianz
Continued market volatility in the U.S. economy caused many Americans to report that they had to cut down on saving for the future, according to a recent Allianz survey.www.foxbusiness.com
It's not good brother
Over70irregs
Well-Known Member
Saw this today in store
Over70irregs
Well-Known Member
Thinking people getting laid off and food assistance programs getting cut will spur hoarding I believe. Talked to a couple at church on Tuesday. Slow build up…
Up In Smoke
Well-Known Member
It's not easy to hear, but we need unemployment to rise significantly to slow labor costs. A 5% rate will help employers in a multitude of ways.
Thebrownblob
Well-Known Member
Lots of layoffs everywhere Feels like they’re trying
Up In Smoke
Well-Known Member
January added 520k jobs, unemployment reached a 53 year low, wages were up 6ish percent, the hours worked was up and so was participation. In addition November and December we're revised up and consumer spending was a huge surprise. The Fed has their work cut out for themselves.
Thebrownblob
Well-Known Member
Yes, I’ve read all those numbers but something doesn’t add up because I’m not seeing it in the real world. People are struggling and it’s hard to find a good paying job. Now a lot of people have two really mediocre jobs, but that’s hardly a recipe for long-term success.
Thebrownblob
Well-Known Member
What Was Behind Today's "Wow, Wow, Wow" Jobs Report | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
“the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that's right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million!”
Up In Smoke
Well-Known Member
My wife and I traveled abroad for 3 weeks in February and the airports, hotels, restaurants, excursions and shops were stuffed with Americans. Mostly Midwesterners with pockets full of money. Our resorts had multiple weddings every day with big receptions.
Thebrownblob
Well-Known Member
Well, there you go, you’re probably right everybody’s rich and doing great in this wonderful economy. SMH
Up In Smoke
Well-Known Member
The Midwest might be the exception. Our groceries are still affordable, natural gas and electricity costs have come down. Homes and autos are still elevated, but inventories are growing. I would have predicted 5% short term rates would have suppressed spending, but not yet.
Over70irregs
Well-Known Member
The Fed is not federal nor do they have any reserves. Totally floors me every time I hear this.
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