Inflation

[waterbottle]

Keeping track of inflation nowcasting - Cleveland Fed estimated a month - on - month inflation rate of 0.12 (core of 0.48) in December....

 

[divs4ever]

Keeping track of inflation nowcasting - Cleveland Fed estimated a month - on - month inflation rate of 0.12 (core of 0.48) in December....

that will change ( to fit the narrative ) LOL

 

[over9k]

Just bought a new VW tiguan today and have learned that VW (and others) have had such a hard time getting the chips they need that they're actually selling new cars with features missing - in this case, you couldn't get a march/april delivered vehicle with blind spot alert or rear park autobraking (automatically applies the brakes if you're going to reverse into something) and talking to the sales manager VW had a pretty big meeting with all their dealers back in november and still can't even promise all the features will be available on the august/september delivered orders either.

In the meantime, half the new cars out there (not just VW's, all sorts of stuff) are on backorder for months or depending on the model, even years, so it's either pay up or buy something else.

MY22 models already physically here and in stock (with all the features) are actually selling for more than brand new MY23's.

 

[over9k]

*insert internet meme here*

 

[waterbottle]

View attachment 151236View attachment 151237

*insert internet meme here*

Why you post mirror image sir?

 

[mullokintyre]

Just bought a new VW tiguan today and have learned that VW (and others) have had such a hard time getting the chips they need that they're actually selling new cars with features missing - in this case, you couldn't get a march/april delivered vehicle with blind spot alert or rear park autobraking (automatically applies the brakes if you're going to reverse into something) and talking to the sales manager VW had a pretty big meeting with all their dealers back in november and still can't even promise all the features will be available on the august/september delivered orders either.

In the meantime, half the new cars out there (not just VW's, all sorts of stuff) are on backorder for months or depending on the model, even years, so it's either pay up or buy something else.

MY22 models already physically here and in stock (with all the features) are actually selling for more than brand new MY23's.

But but but, you didn't buy an EV?
Mick

 

[over9k]

But but but, you didn't buy an EV?
Mick

Well I am in fact 9 so I bought the R model.

 

[over9k]

And EV's don't go "vroom".

 

[waterbottle]

US job openings decreased but still higher than expected.
US Fed staying the course on inflation, kashkari reportedly arguing for 5.4% terminal rate....
Recent market moves smell like a bull trap..

 

[over9k]

US job openings decreased but still higher than expected.
US Fed staying the course on inflation, kashkari reportedly arguing for 5.4% terminal rate....
Recent market moves smell like a bull trap..

I'm still balls deep in energy

 

[moXJO]

And EV's don't go "vroom".

You should buy a Tesla. Roughly 20000 of them.

 

[waterbottle]

I'm still balls deep in energy

NRGU? Why? If the market is pricing recession then crude is heading lower

 

[mullokintyre]

And EV's don't go "vroom".

And a Tiguan Does?
You need at least 5.7 litres and 8 cylinders to do proper vroom.
Mick

 

[waterbottle]

So the St. Louis Fed thinks we're heading to recession huh? (interesting read)

In sum, a threshold estimate based on this analysis shows that 26 states need to have negative growth in the SCI to have reasonable confidence that the national economy entered into a recession. Excluding the 2008 outlier raises the threshold to 29 states.

So, where are we now? In October 2022, 27 states had negative growth in the SCI. That would exceed the six-recession average of 26 states but would fall short of the outlier-adjusted estimate (excluding 2008) of 29. One caveat is worth noting: Populous states like California, Texas and Florida that have disproportionately large economies can sometimes exert a large influence on national economic activity. This analysis does not adjust for this fact.

Are State Economic Conditions a Harbinger of a National Recession?

An analysis of state-level economic growth suggests that a certain number of contracting state economies could signal the start of a national recession.

www.stlouisfed.org

 

[over9k]

You should buy a Tesla. Roughly 20000 of them.

The good thing about electric cars is that being electric, their pussy magnet is an electromagnet so you can just turn it off when you get tired of all the supermodels.

 

[over9k]

Caaaaaaalled it.

What's that saying about buying a rumour and selling a news?

 

[over9k]

NRGU? Why? If the market is pricing recession then crude is heading lower

China, supply issues, russian war escalating, and seasonality. Kind of keen for a degen play on TNA too.

And a Tiguan Does?
You need at least 5.7 litres and 8 cylinders to do proper vroom.
Mick

Only if you've got a booty call to your cousin's house.

 

[divs4ever]

So the St. Louis Fed thinks we're heading to recession huh? (interesting read)

THINKS ??

that doesn't bode well for any genuine recovery ( especially a recovery engineered by the Fed )

 

[divs4ever]

The good thing about electric cars is that being electric, their pussy magnet is an electromagnet so you can just turn it off when you get tired of all the supermodels.

cars , super-models ??

The Flying Lizards - Money • TopPop

Watch our great music videos ❯ https://goo.gl/feVLNN More TopPop? Subscribe here ❯ https://goo.gl/X9FOAU More info on Wikipedia ❯ https://en.wikipedia.org/wiki/TopPop Broadcast date:11/10/1979 This is to let you know that the video recording of the video clip was originally recorded by...

yewtu.be

( and commodities for when the currencies fail )

 

[mullokintyre]

The Baltic dry index has often been seen as forerunner to lower turnover, lower inflation, and lower employment.
The BDI has been in freefall since it peaked t 5500 back in late September 2021.
Overnight it sank to a low of 1176, with no indication it has bottomed out.
BDI Chart

Mick