Australian (ASX) Stock Market Forum

Inflation

more like an insult to one's intelligence , and not just the US leadership either , there are several supporting characters around the globe

i hope the parents of the world realize nearly all these clowns are university educated ( if we send those broke , the deranged Communists might starve )
Biden was installed to unite the country and to appeal to the majority of centre leaning Dems & Repubs.

In practice he aligned with the extreme left wing elements of his party and has increased the division amongst his own party and the country is more divided than ever.

As a bonus due to his poor performance the extreme left, the moderates and the left wing media are all now distancing themselves from him....that's unifying I guess.
 
Alright big 75 hike from the fed, markets loved it, powell saying 75 or 50 at the next two meetings.
 
Markets also bounced for a day after the original 50bp hike and then plummeted....
Yep sure did ;)

We've had probably 6 or 7 3-5% moves just on the day in the last month or so. There's been an absolute killing playing these swings as I don't think (I'd have to go & check) a single one has kept moving in such a fashion the next day.
 
When I stopped for my morning coffee and a read of the AFR (cost offset), I mention to the girl that a pay rise is on its way, her comment was well not really as the cost of living has already taken it.
Nothing like a cup half empty outlook, but it does show that people are being conditioned to expect more, maybe that's a good thing.
 
It's amazing how financial media/mainstream media is carrying on about IR and inflation now after it has already moved. But the future was looking at them all the time in this chart this time last year. A falling wedge on the long term chart of the 2yr yield which could have only meant a very sharp reversal........

tvc_e64f40de492b95ab671d0e072ffa1785.png
 
It's amazing how financial media/mainstream media is carrying on about IR and inflation now after it has already moved. But the future was looking at them all the time in this chart this time last year. A falling wedge on the long term chart of the 2yr yield which could have only meant a very sharp reversal........

View attachment 142934
Half our current predicament was caused by the russian invasion. This isn't to say things weren't inflating before, but they really took off with the sanctions (cutoff) of russian oil.
 
Half our current predicament was caused by the russian invasion. This isn't to say things weren't inflating before, but they really took off with the sanctions (cutoff) of russian oil.
We did not cause Putin to invade Ukraine but we did cause our own economies to tank and force increasing amounts of pain on ourselves by choosing to sanction Putin.

So basically I don't blame Putin on our current economic situation, we are doing this to ourselves via our leaders who are immune to the consequences of their actions.

How many more times do we need to here a politician gloat that they don't care how much fuel costs, 'I drive a Tesla" ...etc.

it's the 2022 version of let them eat cake
 
We did not cause Putin to invade Ukraine but we did cause our own economies to tank and force increasing amounts of pain on ourselves by choosing to sanction Putin.

So basically I don't blame Putin on our current economic situation, we are doing this to ourselves via our leaders who are immune to the consequences of their actions.
So how should we be responding to the invasion? Call him naughty bad man and that's it?
 
So how should we be responding to the invasion? Call him naughty bad man and that's it?
You are more than welcome to go fight if you feel that strongly about it....leave me out of it thanks.

May I ask out of all the recent and current conflicts why is it this one that has got you so involved.

Did you need the msn to tell you it is bad???

Are you on those people that 'support the latest thing".

I know clowns with Ukraine flags all over their car, house, socials that can't point to it on a map.
 
You are more than welcome to go fight if you feel that strongly about it....leave me out of it thanks.

May I ask out of all the recent and current conflicts why is it this one that has got you so involved.

Did you need the msn to tell you it is bad???

Are you on those people that 'support the latest thing".

I know clowns with Ukraine flags all over their car, house, socials that can't point to it on a map.
You're going to have to elaborate, what do you mean "so involved"?

I am no leftist.
 
Getting back on topic:

NDX futures pushing 2.5% into the red so swing plays are abounding yet again ;)
 
You are more than welcome to go fight if you feel that strongly about it....leave me out of it thanks.

May I ask out of all the recent and current conflicts why is it this one that has got you so involved.

Did you need the msn to tell you it is bad???

Are you on those people that 'support the latest thing".

I know clowns with Ukraine flags all over their car, house, socials that can't point to it on a map.
having lived through the Cuban Missile Crisis , and those pointless 'duck and cover ' drills ( in wooden school buildings )

i find the current history amusing ( especially with all those US nuclear tests on it's own soil and some other poor island nations ) one side says it's fine to blow up Pacific Islands ( that includes you too France ) and the other side says KEEP YOUR DISTANCE ( this time )
 
Awaiting BoE interest rate decision today at 10pm... GDP Now by NYFed is estimated at 0% and trending down... Is possible that the IR curve will begin accelerating i.e. 75 no today, then100bp next, then 125bp etc..

All eyes on BoE to see if they follow the Feds lead
 
Europe's inflationary pressures are even worse so it wouldn't surprise me at all.
 
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