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Haven't seen this posted - Financial news

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MSUDAWGFAN

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Apr 17, 2014
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This morning, the CPI came in with a seasonally adjusted 0.2% for the month, which puts the 12 month inflation rate at 2.3%, which is the lowest since February 2021.

Also, Personal income increased 0.8% in April, which is almost triple the expectations.

Lastly, the trade deficit was cut by 46% to $87.6 billion from $162.3 billion.

Good economic news!
 
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MSUDAWGFAN

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paindonthurtDCD2 said:
Should be but i guarantee you someone will take a massive steamy dump on it. Might even preshit on it.
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The media has been preshitting all over the economic numbers, declaring that we are definitely going to have high inflation, a recession is a sure thing, and we might even have a Depression. I guarantee you, they will preshit on next month's numbers.
 
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Darryl Steight

Darryl Steight

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MSUDAWGFAN said:
The media has been preshitting all over the economic numbers, declaring that we are definitely going to have high inflation, a recession is a sure thing, and we might even have a Depression. I guarantee you, they will preshit on next month's numbers.
Click to expand...
Allow me to preshit their preshit... inflation is transitory, it's not really a recession if it only lasts two quarters in a row, and we're all already depressed because the president is a nazi. Did I get it all?**
 
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She Mate Me

She Mate Me

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MSUDAWGFAN said:
The media has been preshitting all over the economic numbers, declaring that we are definitely going to have high inflation, a recession is a sure thing, and we might even have a Depression. I guarantee you, they will preshit on next month's numbers.
Click to expand...

It continues to be stunning and depressing to me just how completely in the bag the traditional media is for big government, big pharma and big military.

They are completely useless. Nothing but funded propaganda.
 
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maroontide06

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Dec 14, 2023
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MSUDAWGFAN said:
Some people may have shorted the market because of one or two reasons.

!) they beleive everything the media says and went all in that the market was going to crash so they shorted it.
2) They have a sickness, that's incurable, known simply by three letters. TDS.
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I just went and checked my 401K and it's the highest it's ever been. Don't know what the fuss is all about.
 
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MSUDAWGFAN

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Apr 17, 2014
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maroontide06 said:
I just went and checked my 401K and it's the highest it's ever been. Don't know what the fuss is all about.
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It really is a feat of feats to have lost money this year. It's like you would have to try to lose. Even then, it would be hard.

Maybe there should be an inverse KentuckyDawg13 index. I bet it would be doing really well this year!
 
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T-TownDawgg

T-TownDawgg

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I’m not a Trump guy.

I was uneasy about a tariff war and what all the unintended consequences might be.

I will say that his tariff shenanigans are showing signs of reaping some benefits.

Anything to push back on China, the 900 lb gorilla that steals intellectual property, harvests organs, and sends hit squads to the US to silence dissenters, is a good thing.

De-coupling from China in the next 5-10 years may be the most volatile and consequential world shift since the wall came down along with the Soviet Union.
 
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MSUDAWGFAN

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Apr 17, 2014
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Darryl Steight said:
ETA: Just a joke. Let's not squabble amongst ourselves on Regional Opener Day fellas*
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I have had a few jokes in here, but I don't feel the need to specify that it's a joke.

The Kentucky Dawg post was a serious question. How did he lose money?

What's curious to me is the silence from some of the people who were the loudest just about 2 months ago.
 
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paindonthurt

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T-TownDawgg said:
I’m not a Trump guy.

I was uneasy about a tariff war and what all the unintended consequences might be.

I will say that his tariff shenanigans are showing signs of reaping some benefits.

Anything to push back on China, the 900 lb gorilla that steals intellectual property, harvests organs, and sends hit squads to the US to silence dissenters, is a good thing.

De-coupling from China in the next 5-10 years may be the most volatile and consequential world shift since the wall came down along with the Soviet Union.
Click to expand...
I am a trump guy but i was/am nervous about tariffs

but as you stated we had to do something.
 
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Howiefeltersnstch

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The real question is why have interest rates not dropped yet ? They felt the need to lower them right before the election even tho inflation was not under control. Now that it seems to be headed fiwn interest rates should follow. Come on Powell, ignore your TDS and do the right thing. Eta my 401k is over 8%. Somebody is 17ing yours up bro
 
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MSUDAWGFAN

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Howiefeltersnstch said:
The real question is why have interest rates not dropped yet ? They felt the need to lower them right before the election even tho inflation was not under control. Now that it seems to be headed fiwn interest rates should follow. Come on Powell, ignore hour TDS and do the right thing
Click to expand...
We all know the answer to this.
 
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paindonthurt

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Howiefeltersnstch said:
The real question is why have interest rates not dropped yet ? They felt the need to lower them right before the election even tho inflation was not under control. Now that it seems to be headed fiwn interest rates should follow. Come on Powell, ignore hour TDS and do the right thing
Click to expand...
Meh interest rates aren’t that high historically speaking

and dropping them might cause inflation

need to ride it out a little longer
 
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patdog

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T-TownDawgg said:
I’m not a Trump guy.

I was uneasy about a tariff war and what all the unintended consequences might be.

I will say that his tariff shenanigans are showing signs of reaping some benefits.

Anything to push back on China, the 900 lb gorilla that steals intellectual property, harvests organs, and sends hit squads to the US to silence dissenters, is a good thing.

De-coupling from China in the next 5-10 years may be the most volatile and consequential world shift since the wall came down along with the Soviet Union.
Click to expand...
Not a Trump guy either. But what he understands about foreign policy is there are some nations that will just take advantage of the USA repeatedly if you let them & appeasing them just makes it worse. You have to show strength & stand up to them.
 
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MSUDAWGFAN

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Apr 17, 2014
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paindonthurtDCD2 said:
I am a trump guy but i was/am nervous about tariffs

but as you stated we had to do something.
Click to expand...
I haven't been nervous about the tariffs.

If you read the textbooks, they'll tell you tariffs are bad overall. And all things being equal, maybe they are. It depends on your viewpoint to really answer that.

But all things aren't equal. For example, we are 16% of Canada's economy and they are 1% of ours. They need us a lot more than we need them.

All countries want to be a consumer economy. We are right now, but we won't be forever. We are the economic power, so even though some of these countries didn't want to play ball, they felt they had to.

I was at wife's grandmothers home over Thanksgiving. My brother in law and his son were talking about how bad tariffs are and I sat there in silence because my wife had told me to start anything. While I was sitting there though I was reading an article about how Mexico was breaking up 2 migrant caravans for the first time in many years - all due to the threat of tariffs.
 
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PrimeDog

PrimeDog

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patdog said:
Not a Trump guy either. But what he understands about foreign policy is there are some nations that will just take advantage of the USA repeatedly if you let them & appeasing them just makes it worse. You have to show strength & stand up to them.
Click to expand...
Trump understands. Lolololol. Cheeto knows hamburgers and fart diapers
 
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johnson86-1

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MSUDAWGFAN said:
It really is a feat of feats to have lost money this year. It's like you would have to try to lose. Even then, it would be hard.

Maybe there should be an inverse KentuckyDawg13 index. I bet it would be doing really well this year!
Click to expand...
S&P is up .77% YTD. Russell 2000 is down 6.5%. All it would take is a slight overweighting of small cap stocks (which historically has been a winning formula) to be down year to date. I think if you take out my contributions from this year, I'm probably down about $20k in retirement accounts without much of an overweight of the russell 2000 indexes.
 
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