Inflation

[Jeda]

This is the dumbest thread full of the worst takes, congratulations everyone.

'A little bit of knowledge can be a dangerous thing'

 

[Jeda]

and there is a lot of little bits here ?

 

[JohnDe]

Mention of inflation here -

 

[moXJO]

You are going to need a bigger database to store that amount of text.

and there is a lot of little bits here ?

Trading isn't going well?

 

[Jeda]

Trading isn't going well?

on the contrary using some of my profits for a 3 month europe holiday maybe the drop into las vegas for a seminar and get some tax credits

 

[moXJO]

on the contrary using some of my profits for a 3 month europe holiday maybe the drop into las vegas for a seminar and get some tax credits

Trading went too well?
Ah I know the feeling. Nothing like swinging your dck around in the "inflation" thread!

 

[InsvestoBoy]

Trading isn't going well?

After the painful process of collating and recording my accumulated FY21 transactions for CGT in early July, I haven't made a single transaction since and decided instead to become a goat farmer who trolls economically illiterate weenies in their spare time.

 

[Jeda]

Trading went too well?
Ah I know the feeling. Nothing like swinging your dck around in the "inflation" thread!

 

[divs4ever]

since i don't really 'trade ' at all , am mostly invested , but looking for those tasty morsels , that fail to meet investors expectations ( sadly my investor rivals seem to be pessimistic this reporting season , revealing less temptations

my goal was to lock in income and bulk up the portfolio in anticipation of future inflation , so the plan is currently proceeding slowly

 

[qldfrog]

On the Richter scale of internet conflicts, this ranks pretty low. But to be clear criticism should always be reasonable and explained, even if it is just a summary. And there is never any justification for insults because they add nothing to the discussion other than animosity.

It's pretty simple.

There is also an ignore to use against people you judge... probably wrongly ( but life is short), as arrogant know it all dxck.
And everyone is happy and no drama...

 

[waterbottle]

Criticism is welcome - no one here has claimed to have all the answers. We're just discussing information that others may find useful. You can choose not to consume it.

U.S. Consumer Price Index (July 2024)

U.S. Consumer Price Index (July 2024)

economics.td.com

Fed's Kashkari: More rate hikes ahead, and possible recession

(Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he is sticking to his view that the U.S. central bank will need to raise its policy rate another 1.5 percentage points this year and more in 2023, even if that causes a recession. The Fed is "far, far away...

finance.yahoo.com

And from the Fed's mouthpiece, emphasis is mine:

Fed Likely to Want Further Evidence of Inflation Slowdown

An easing in price pressures last month followed reports of stronger-than-expected wage growth, complicating the rate-setting outlook.

www.wsj.com

He [Powell] has said the central bank needs to see convincing evidence that monthly inflation figures are declining before dialing back interest-rate increases to more-traditional quarter-point increments, especially after officials felt burned by a slowdown in price readings last summer that proved temporary. They will see one more monthly CPI report before their September meeting.

Inflation diminished last summer “and then turned right around and went back up,” Mr. Powell said at a June news conference. “So I think we’re going to be careful about declaring victory.”

Minneapolis Fed President Neel Kashkari said Wednesday he still anticipated that the central bank would need to raise its benchmark rate by another 1.5 percentage points this year and to around 4.4% next year. “This is just the first hint that maybe inflation is starting to move in the right direction, but it doesn’t change my path,” he said at a panel hosted by the Aspen Economic Strategy Group in Colorado.

“We’ve tightened monetary policy quite a lot, very quickly,” Chicago Fed President Charles Evans said Wednesday during remarks in Des Moines, Iowa. He said he expected the central bank to raise rates for the rest of this year and into 2023 to ensure inflation returns over time to the Fed’s 2% target.

Mr. Evans told reporters last week that he anticipated that the central bank would raise rates by a half-percentage point in September before slowing to quarter-point increases in November and December. He thought the Fed would need to raise rates by another half point early next year.

...

Mr. Bullard said that while Fed officials have been expecting inflation to diminish, “We’re going to need tangible evidence and widespread evidence of disinflation occurring before we can be really confident.”

Mr. Bullard has said he supports raising rates by a cumulative 1.5 percentage points at the Fed’s three remaining meetings this year, and he said he continued to favor the central bank’s approach of “front-loading” rate increases—approving larger rises at the start of the process rather than spreading smaller increases out over a longer period. Another 0.75-point increase in September “would certainly be on the table,” he said, but then added, “The good news is I don’t have to make that decision today.”

And then an interesting article arguing why inflation has peaked, but may take a while to resolve:

https://www.cmegroup.com/insights/economic-research/2022/might-inflation-have-peaked.html

 

[divs4ever]

THE REAL EMPLOYMENT DATA THE GOVERNMENT DOES NOT WANT YOU TO SEE!​

should we change the thread title to official deception ??

 

[wayneL]

FWIW, though the origin of the term is a bit more nuanced, economics is not known as the dismal science for nothing.

Make of that what you will.

 

[InsvestoBoy]

THE REAL EMPLOYMENT DATA THE GOVERNMENT DOES NOT WANT YOU TO SEE!​

should we change the thread title to official deception ??

@Joe Blow just so I got this right, anyone can post any 30 min garbage video of a huckster loser like Mark Moss and the Aussie Stock Forums Reasonable Rule of Criticism Symmetry dictate one can't just say "this is a horseshit video by a dumbass"?

I am just checking to make sure before I post anything.

 

[Joe Blow]

@Joe Blow just so I got this right, anyone can post any 30 min garbage video of a huckster loser like Mark Moss and the Aussie Stock Forums Reasonable Rule of Criticism Symmetry dictate one can't just say "this is a horseshit video by a dumbass"?

That's not what you said. You said this:

This is the dumbest thread full of the worst takes, congratulations everyone.

If you want to criticise a video, criticise it. If you want to disagree with someone's post, do it. But to make a broad statement criticising "everyone" with no accompanying detail serves no purpose other than to provoke a reaction, which you got.

 

[divs4ever]

@Joe Blow just so I got this right, anyone can post any 30 min garbage video of a huckster loser like Mark Moss and the Aussie Stock Forums Reasonable Rule of Criticism Symmetry dictate one can't just say "this is a horseshit video by a dumbass"?

I am just checking to make sure before I post anything.

so did you watch the video ??

just asking

i already had insight because a ( now deceased ) relative was a federal government employee who over 25 years was working in several government departments

this is basically irrelevant to a trader if they are working on price signals

however an investor needs to at least see to the 'horizon ' whether it is 12 months way , 10 years away or 30 years away , now sure there are plenty of deep valleys in the way ....

BTW several hucksters i have met are politicians and hundreds of people listen to them

 

[moXJO]

@Joe Blow just so I got this right, anyone can post any 30 min garbage video of a huckster loser like Mark Moss and the Aussie Stock Forums Reasonable Rule of Criticism Symmetry dictate one can't just say "this is a horseshit video by a dumbass"?

I am just checking to make sure before I post anything.

Classic InsvestoBoy

The shortest tolerance to bs economics, on the forum. He's made me cry into my icecream criticising my bad takes once or twice.

Knows his stuff though.

 

[waterbottle]

@InsvestoBoy what's your take?

 

[divs4ever]

having gone to school with an economist ( in the making ) he quite happily realized economics ( at high school ) was BS and went on to a triple Ph.D. ( including Economics ) and made a career of it ( faculty dean in Economics at a US university ) and has a side-gig co-authoring text-books in computer algorithms ( and trading )

however belief in the utterances of economists often guides government policies and government policies sometimes create investment opportunities

 

[qldfrog]

Classic InsvestoBoy

The shortest tolerance to bs economics, on the forum. He's made me cry into my icecream criticising my bad takes once or twice.

Knows his stuff though.

If you "know your stuff" but are not open to criticism or different opinions, that leaves you open to deep disappointment when things do not go your way .a question of time..and in the share market where sciences are very esotheric at best, we are not talking civil engineering here?
and on topopen to manipulations right and left.good luck?
But yes nothing new here with this gentleman....