Australian (ASX) Stock Market Forum

Inflation

Alright so the day (and week) has been a slaughter but check this out:

45322434.jpg

The demand side's been crushed but anything with a supply side problem is still well & truly worth keeping an eye on. USD's also been the play so as long as you'd at least converted your cash over to USD, even if you hadn't traded it you'd still have made a pretty penny just sitting on the cash lately ;)
 
It seems the UK government's policies are running counter to the BoE. Not sure how tax cuts wouldn't be pro-inflationary.... We just need this inflation beast stomped on ASAP instead of a drawn out torture
nobody there ( in parliament ) heavy enough to stomp an ant , let alone an economic whirlwind

all you need is Chuckie to exert his ( climatic ) influence on BP to continue the rout
 
UK Budget sends the £ sterling crashing nearly 4% and signals spiralling interest rates by The Bank Of England as they attempt to control inflation. The moves are precisely the opposite to countries in Europe: https://news.sky.com/story/mini-bud...ents-from-the-chancellor-at-a-glance-12703687
View attachment 147178View attachment 147179
GB£ v US$------------------------------------------------GB£ v AU
Sometimes a hard landing is what is required, constantly shielding the population from the reality of market forces and realities, isn't that good for mature attitudes and decisions.;)
 
from an American blog:

"Shrinkflation,” when companies keep prices the same but reduce the quantity sold.
  • Folgers container: 51 ounces to 43.5
  • Nescafe Azera Americano coffee: 100 grams to 90
  • Kleenex: 65 tissues to 60
  • Walmart Paper Towels: 168 sheets per roll to 120
  • Crest 3D White Radiant Mint toothpaste: 4.1 to 3.8 ounces
  • Dorito's: 9.75 ounces to 9.25
  • Most “Party Size” Chips: 18 to 15.5 ounces
  • Chobani Flips yogurts: 5.3 ounces to 4.5
  • Burger King chicken nuggets: 10 to 8
  • Bounty Triples: 165 sheets to 147
  • Tillamook ice cream: 56 ounces to 48
  • Hefty's mega pack: 90 bags to 80
  • Earth's Best Organic Sunny Day: 8 bars per box to 7
  • Vim dish soap (India): 155 grams to 135
  • Cottonelle Ultra Clean Care toilet paper: 340 sheets per roll to 312
  • Pantene Pro-V Curl Perfection conditioner: 12 ounces to 10.4
  • Royal Canin's cans of cat food: 5.9 ounces to 5.1
  • Angel Soft: 425 sheets per roll to 320
 
Sometimes a hard landing is what is required, constantly shielding the population from the reality of market forces and realities, isn't that good for mature attitudes and decisions.;)
the trouble is they have been missing targets for so long it is liable to be like one of those Russian hyper-sonic hitting the landing strip vertically missiles hoping the milkshake cup on the runway will soften the impact

and mature attitudes ?? are you trying to get us cancelled ??
 
I wonder if there will be any reflection on the depths of their stupidity that got them into this position in the first place.
YES , but it will be banned on You-Tube , Face-Book , Twitter , Instagram , school text-books and mostly ignored on mainstream media ( except as an excuse to get you to buy Treasury Bonds )
 
Top