Anyone Afraid Of Inflation?

[Up In Smoke]

Is good news bad again. CPI, PPI and initial claims are all better than expected. The VIX drops 20% in two days to a 12 handle and multiple companies report better than expected earnings and profits. I believe we may be in line for a pull back or profit taking sell off, so set your stop loses and reload for the 4th quarter.

 

[Over70irregs]

Is good news bad again. CPI, PPI and initial claims are all better than expected. The VIX drops 20% in two days to a 12 handle and multiple companies report better than expected earnings and profits. I believe we may be in line for a pull back or profit taking sell off, so set your stop loses and reload for the 4th quarter.

They are crazy with those cooked books. The grocery store during break tells me otherwise.

 

[UnionStrong]

They are crazy with those cooked books. The grocery store during break tells me otherwise.

All deception

 

[Up In Smoke]

The Midwest does have some advantages.

 

[Wally]

UPS strike would trigger pandemic-era supply chain issues, expert says

As talks between UPS and the union that represents more than 300,000 delivery drivers break down, a strike this summer is looking more likely. That could impact 25 to 30 percent of parcels and pack…

thehill.com

 

[Over70irregs]

Guys I’m hearing trucking freight volume is falling into a ditch. Do Not get comfortable with negotiating talks……. Guy also says it’s an indicator of 12-18 months ahead economy wise. Prepare for a hammering. Hopefully I’m wrong. (Think YELLOW FREIGHT)

 

[Wally]

We really need strong COLA protection because if the article is correct, UPS in their greed may trigger massive inflation!

 

[Up In Smoke]

The Cass Transportation Index tracks domestic freight volumes and we are seeing slow down in volumes. The volumes over the last 2 decades see saw back and forth as demand does the same. The current volumes are trending down, but no where near the previous down cycle of 2018-19. The report shows most cycles last 20-24 months.

 

[Over70irregs]

The Cass Transportation Index tracks domestic freight volumes and we are seeing slow down in volumes. The volumes over the last 2 decades see saw back and forth as demand does the same. The current volumes are trending down, but no where near the previous down cycle of 2018-19. The report shows most cycles last 20-24 months.

Which begs the question of how are people still spending with rates so high?

 

[Up In Smoke]

Which begs the question of how are people still spending with rates so high?

Consumer spending is still strong. Companies that have reported so far are beating top and bottom line numbers. Employment is strong and wages continue to rise at or near inflation numbers year over year. Interest rates have slowed the number of products and services, but not the amount of dollars spent.

 

[Over70irregs]

Consumer spending is still strong. Companies that have reported so far are beating top and bottom line numbers. Employment is strong and wages continue to rise at or near inflation numbers year over year. Interest rates have slowed the number of products and services, but not the amount of dollars spent.

Credit line incrementation. They’re paying the minimums.

 

[Commercial Inside Release]

Which begs the question of how are people still spending with rates so high?

There is a whole echelon of cluless idiots in this country. They wouldn't smell smoke if their *ss was on fire.

 

[Over70irregs]

There is a whole echelon of cluless idiots in this country. They wouldn't smell smoke if their*ss was on fire.

It’s supposed to be that way by design. Hence the school mill. We have no excuses currently, we have a supercomputer in our pockets.

 

[Wally]

Welfare affecting food prices.

Biden's food stamp expansion linked to 15% jump in grocery prices, study says

The Biden administration's historic increases to the Supplemental Nutrition Assistance Program have fueled a rise in grocery prices, according to a new study.

www.foxnews.com

 

[IVE GOTTA PACKAGE 4U]

Welfare affecting food prices.

Biden's food stamp expansion linked to 15% jump in grocery prices, study says

The Biden administration's historic increases to the Supplemental Nutrition Assistance Program have fueled a rise in grocery prices, according to a new study.

www.foxnews.com

That's what free money does

 

[Wally]

Obesity is a major problem in our low income population. Maybe they need less food, not more?

 

[IVE GOTTA PACKAGE 4U]

Obesity is a major problem in our low income population. Maybe they need less food, not more?

Maybe they shouldn't be allowed to buy junk food and soda pop with food stamps

 

[Wally]

Maybe they shouldn't be allowed to buy junk food and soda pop with food stamps

You cash them out and buy smokes and some booze.

 

[IVE GOTTA PACKAGE 4U]

You cash them out and buy smokes and some booze.

Back in the day yes
I used to see people coming to the convenience store by a 5 cent pack of bazooka gum with a dollar food stamp and get 95 cents worth of change
Then they will go to the bar with a bunch of change

 

[Over70irregs]

That's what free money does

Expansion of $ supply corporations feast.