Inflation

[CityIndex]

So what's it going to look like 'post-bubble'?

Not great according to the IMF , who cut global growth forecasts to 2.7% next year, and claim that the risk of central bank’s over-tightening has risen sharply. Apart from 2020, which was obviously impacted by strict global lockdowns, this would be the worst year since the GFC in 2009.

Of course, this is all speculation, but it definitely isn’t doing much to help with investor sentiment at the moment.

 

[divs4ever]

Yeeeeep. Only the first domino

FIRST ?? not the one they couldn't hide ??

V For Vendetta Dominoes Scene (complete)​

 

[divs4ever]

Not great according to the IMF , who cut global growth forecasts to 2.7% next year, and claim that the risk of central bank’s over-tightening has risen sharply. Apart from 2020, which was obviously impacted by strict global lockdowns, this would be the worst year since the GFC in 2009.

Of course, this is all speculation, but it definitely isn’t doing much to help with investor sentiment at the moment.

a great opportunity for a Great Reset ( administered by the very people who played major roles in this economic collapse and have war-gamed this scenario extensively , especially the media/information cycle )

 

[waterbottle]

Nobody could have seen this coming

Biden Says ‘Very Slight’ Recession Possible, But Downplays Risk

President Joe Biden said a recession in the US is possible but that any downturn would be “very slight” and that the US economy is resilient enough to ride out the turbulence.

www.bloomberg.com

 

[divs4ever]

Nobody could have seen this coming

Biden Says ‘Very Slight’ Recession Possible, But Downplays Risk

President Joe Biden said a recession in the US is possible but that any downturn would be “very slight” and that the US economy is resilient enough to ride out the turbulence.

www.bloomberg.com

what ?? Biden hinting the possibility of a recession is real ( not blatantly obvious even to a former paper-boy )

but sure there is a small risk of a recession , given all the inaccurate data issued a depression is much more likely

 

[moXJO]

If they get wage inflation under control it will pivot faster. Problem is no one wants to work anymore. Seems lockdowns made everyone realise at the same time that working sucks.

Hey let's try mass immigration.

 

[frugal.rock]

Hey let's try mass immigration

Cool, where are we going?
And do they accept the disgustingly healthy unvaxxed?
?

 

[Telamelo]

US CPI data will be the next major data point in deciding the next Fed rate move.

Economists predict the headline CPI to come in at 8.1% y/y, and anything higher than the previous reading of 8.3% could spell more disaster for the AUD and equities.

The market is also expecting release of the minutes of the FOMC’s last meeting later tonight, which will provide an insight into the Fed’s frame of mind.

 

[waterbottle]

If they get wage inflation under control it will pivot faster. Problem is no one wants to work anymore. Seems lockdowns made everyone realise at the same time that working sucks.

Hey let's try mass immigration.

Perhaps business will take care of the wage inflation problem

Intel Plans Thousands of Job Cuts in Face of PC Slowdown

www.bloomberg.com

 

[Value Collector]

And do they accept the disgustingly healthy unvaxxed?
?

Yes, but you will need to be tested and wear a mask ? ?

 

[over9k]

Futures went from +1.2 to +0.2 instantly. But, as I keep saying, we're going to need to see a lot more than just one decent batch of data in before markets start thinking things are returning to normality.

 

[over9k]

Seems lockdowns made everyone realise at the same time that working sucks.

Working in an office/locked in a wage cage sucks. I don't even know how many people I know just looking for a reason to quit their artificially lit job and do something they actually enjoy.

I work for myself/trade my own money for a reason. It's my main income source yes but I do it this way so I can do other things too (my brother & I flip houses together that he does full time/I do part time for example).

Mrs over9k practically worked herself to death doing 70-80 hour weeks as a partner-track accountant. I've never seen someone earn so much and yet be so miserable. Companies/firms are going to have to learn one way or another.

 

[Smurf1976]

Mrs over9k practically worked herself to death doing 70-80 hour weeks as a partner-track accountant.

Been there, done the "live at work" thing in the past.

It's doable but a lot depends on management and workers all being aligned and on the same page about what's being done and why.

 

[over9k]

Been there, done the "live at work" thing in the past.

It's doable but a lot depends on management and workers all being aligned and on the same page about what's being done and why.

It's pure slavedriving now. It's not even long hours/high pay, it's just long hours.

Hourly it's not even minimum wage. If you care to look it up, the firms have ridiculous attrition rates now but that's actually by design - uni grads are in such oversupply that churn & burn now IS the business model.

 

[divs4ever]

Cool, where are we going?
And do they accept the disgustingly healthy unvaxxed?
?

am sorting through the options ,

Japan looks to be an economic wreck so probably not there

still have a tendency for rural ( highland ) Bolivia , might not even know what a vaxx is ( supposed to be )

given the current Green dementia , a temperate climate should be considered ( no need for heating , or extensive use of air-conditioning ) and just in case of rising sea levels several ( hundred ) metres above current sea level should also be considered , and adequate fertile land ( so we can cultivate our own food )

so am leaning more towards South America than say the Northern Hemisphere

 

[waterbottle]

Swedish inflation rate charging ahead.....

 

[waterbottle]

Interesting discussions RE: inflation in Bloomberg. Some commentators arguing QT is likely to be axed, others stating a 3% or 4% target should be considered the norm....

 

[wayneL]

Interesting discussions RE: inflation in Bloomberg. Some commentators arguing QT is likely to be axed, others stating a 3% or 4% target should be considered the norm....

So they are trying to decide between recession with high inflation, or depression with hyperinflation?

 

[divs4ever]

they are deciding what definition to change this time

U.S. CPI Rose More Than Expected Again in September; Core CPI up 0.6%

U.S. CPI Rose More Than Expected Again in September; Core CPI Up 0.6% By Investing.com

U.S. CPI Rose More Than Expected Again in September; Core CPI Up 0.6%

www.investing.com

 

[over9k]

And everything except GUSH, NRGU, and BOIL (which are all deep into the green, NRGU +7%) were slaughtered.