dow jones

[Next Day Err]

Any bets on whether it'll be positive (only to be adjusted months later)?

Everything’s a conspiracy

 

[vantexan]

Everything’s a conspiracy

They've already adjusted numbers months later several times.

 

[Next Day Err]

They've already adjusted numbers months later several times.

Adjustments happen every year since forever

 

[IVE GOTTA PACKAGE 4U]

Any bets on whether it'll be positive (only to be adjusted months later)?

We will find out in a couple hours

 

[vantexan]

Adjustments happen every year since forever

I don't ever recall "GREAT NEWS!" being followed a few months later by "not so fast" (they said quietly) as consistently as it is now.

 

[Next Day Err]

0.4% inflation for March, 3.5% annualized inflation, higher than expected. Not great.

I predict 0-1 rate cuts for the rest of the year.

 

[Up In Smoke]

0.4% inflation for March, 3.5% annualized inflation, higher than expected. Not great.

I predict 0-1 rate cuts for the rest of the year.

I predict 0 to a possible rate hike. The current economy is extremely strong. Near full employment, strong wage growth, trending higher GDP, strong consumer spending, companies earnings are projected higher and household wealth has grown significantly. As an employer I would like 2-3 more hikes to slow the economy and cap wages.

 

[Next Day Err]

I predict 0 to a possible rate hike. The current economy is extremely strong. Near full employment, strong wage growth, trending higher GDP, strong consumer spending, companies earnings are projected higher and household wealth has grown significantly. As an employer I would like 2-3 more hikes to slow the economy and cap wages.

Reasonable. The Fed's credibility is on the line here. Sounds like the answer is pretty obvious. I wouldn't blame them for another 25 basis point hike.

 

[IVE GOTTA PACKAGE 4U]

I predict 0 to a possible rate hike. The current economy is extremely strong. Near full employment, strong wage growth, trending higher GDP, strong consumer spending, companies earnings are projected higher and household wealth has grown significantly. As an employer I would like 2-3 more hikes to slow the economy and cap wages.

If anyone thinks it's economy is stable there out of their minds

 

[Lineandinitial]

If anyone thinks it's economy is stable there out of their minds

Don't interfere with the great financial minds at work here...

 

[Next Day Err]

If anyone thinks it's economy is stable there out of their minds

To be fair we were supposed to have a recession for the last 2.5 years and the economy roared past those expectations. The economy is too hot. I refer to the previous @Up In Smoke comment.

 

[IVE GOTTA PACKAGE 4U]

To be fair we were supposed to have a recession for the last 2.5 years and the economy roared past those expectations. The economy is too hot. I refer to the previous @Up In Smoke comment.

Can you say the word bubble?
People have a record debts and record defaults
And the inflation number is a post are complete bull crap

 

[rickyb]

I predict 0 to a possible rate hike. The current economy is extremely strong. Near full employment, strong wage growth, trending higher GDP, strong consumer spending, companies earnings are projected higher and household wealth has grown significantly. As an employer I would like 2-3 more hikes to slow the economy and cap wages.

the union rate is an all time low. lots of housing and student debt. car prices are inflated. and what about medical costs? and too much inequality leading to political corruption.

 

[IVE GOTTA PACKAGE 4U]

Don't interfere with the great financial minds at work here...

So you're not one of the part-time workers or multi-billionaires?

 

[Next Day Err]

Can you say the word bubble?
People have a record debts and record defaults
And the inflation number is a post are complete bull crap

One could argue we go from bubble to bubble in the modern economic system. Still doesn’t change my investing habits.

Grantham could be right about a massive unwinding but I don’t believe anyone knows when or how it will begin.

 

[Next Day Err]

Bitcoin down 2%. Inflation hedge?

 

[IVE GOTTA PACKAGE 4U]

Bitcoin down 2%. Inflation hedge?

And gold is up 16% this year

 

[IVE GOTTA PACKAGE 4U]

One could argue we go from bubble to bubble in the modern economic system. Still doesn’t change my investing habits.

Grantham could be right about a massive unwinding but I don’t believe anyone knows when or how it will begin.

That all just depends on your time horizon

 

[Next Day Err]

And gold is up 16% this year

I’m going to Costco to stock up

 

[IVE GOTTA PACKAGE 4U]

I’m going to Costco to stock up

They're also running out of gold