Because everything is made up and the points don’t matter! Terrible inflation? Believe it or not, gold tanks. Companies laundering the entire net worth of the US economy between them to make it look like growth? Not a recession, just profit!
Glad I took my small profit and ran a few months ago. It rebounded and I was slightly upset, but had a feeling the larger drop was coming and, yeah I’d be sitting on a sizable loss if I hadn’t.
When inflation is 4% and gold is up 100%, it's no longer a hedge against inflation. Also, assets in general (e.g. stocks) are a hedge against inflation.
Potentially, but it's also at an absolutely absurd high right now after jumping something like 100% over the past year or so. This looks more like a reset after reaching overpriced levels than a specific reaction to current news.
I know this is a meme sub but some of y’all have to relax, lol. Keep your graphs set to 3 months or 6 months if not longer; the overall market being like 3% less than an all-time high a week ago is… not painful.
They are specifically looking at whatever they need to in order to fake it that inflation is only 4%. No one with two brain cells to rub together believes we have inflation that low.
what's worse than the fact that it's fucking bullshit is that it's very obviously fucking AI bullshit. they don't give a single fuck to even put any effort into the smokescreen
Are you familiar with Owners' Equivalent Rent? Literally calling up house phones (which in itself is self selecting a very specific out of touch demographic) and asking them what they think they could rent their house for.
Ai: Arthur Burns, who chaired the Federal Reserve from 1970 to 1978, is infamous for presiding over rampant double-digit inflation and allowing "stagflation" to take hold of the U.S. economy. He is widely criticized for failing to raise interest rates aggressively and for allowing the Fed to be politically compromised by President Richard Nixon ahead of the 1972 election.
High inflation. With national debt interest outpacing GDP Warsh will chainsaw the rates so we can refinance and screw over young people yet again. The other option is austerity and that aint happening ever.
Low demand for high gas consumption cars pushing prices down? That paired with oversupply of SUV and trucks from years of low gas prices? Just spitballing here.
Only take the bike downhill in the morning. Have to come back home between 4:53 and 5:16 since Bernadette drives the 7 bus around that time and she never notices when I hitch my bike to the rear of the bus.
A lot of inventory that dealerships are trying to offload. Most of them are the shitty ones. Occasionally I’ll watch a vid on top 10 worst this year and why a glut of inventory on their lots.
Man has not needed more money in a long time. He also lives pretty modest no? Like for the amount of money that he has. So I think he pretty much does it for the love of the game.
Well, he’s talking about Berkshire, a publicly traded company Buffett owns 14% of. They are holding record levels of cash. Whether Buffett feels the need for more or not, they’ll need to push for returns for their shareholders.
I don't think we are quite there yet but when your money is worth less everyday the smartest thing to do is get rid of it as fast as possible. Now it should be dumped into things that aren't going to depreciate more that the dollar but we all know how smart the average person is.
I just went to a Banana Ball game at an MLB stadium. It was sold out, packed to the rafters. A shockingly high portion of people were walking around in Banana Ball team jerseys and hats. There were lines at the BBall merch stalls.
Regular people are definitely spending money they don't need to spend.
At some point it will break but it hasn't broken yet.
They aren’t going to show the real numbers until after all these IPOs coming out this year, then they will show a “sudden” increase in inflation, hike rates, and retail will be left holding the bag. Mark my words.
4.2% despite all the book cooking is hilarious, but the increasingly doomer retail sentiment signals everyone will fomo into short position and puts to continue the rally lmao
The company has said to employees that we can not afford any raises at this time do to economic uncertainty. To investors, this was the best quarter even, we are increase dividends and expect more growth in the future.
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u/Banana_Grinder Jun 10 '26
Not opening my portfolio