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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Inflation's not so bad..

Inflation's not so bad..

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #13

    Well, duh...

    https://www.msn.com/en-us/money/markets/inflation-report-dampens-biden-s-attempts-to-celebrate-the-economy/ar-AA11LV4J?ocid=msedgdhp&pc=U531&cvid=909f97ed383849ccb6017048819c27d5

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

    1 Reply Last reply
    • CopperC Copper

      Inflation is killing the market today.

      Which is killing those IRA accounts invested in the market.

      Mr. Biden has wiped out many years of savings today.

      Maybe the market will go up again someday.

      Doctor PhibesD Offline
      Doctor PhibesD Offline
      Doctor Phibes
      wrote on last edited by Doctor Phibes
      #14

      @Copper said in Inflation's not so bad..:

      Inflation is killing the market today.

      Which is killing those IRA accounts invested in the market.

      Mr. Biden has wiped out many years of savings today.

      Maybe the market will go up again someday.

      Calm down, it can always get worse!

      I was only joking

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #15

        Today is absolute market carnage.

        Education is extremely important.

        LuFins DadL 1 Reply Last reply
        • HoraceH Horace

          Today is absolute market carnage.

          LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #16

          @Horace said in Inflation's not so bad..:

          Today is absolute market carnage.

          Yup…So what should I buy right now?

          The Brad

          HoraceH Doctor PhibesD 2 Replies Last reply
          • LuFins DadL LuFins Dad

            @Horace said in Inflation's not so bad..:

            Today is absolute market carnage.

            Yup…So what should I buy right now?

            HoraceH Offline
            HoraceH Offline
            Horace
            wrote on last edited by
            #17

            @LuFins-Dad said in Inflation's not so bad..:

            @Horace said in Inflation's not so bad..:

            Today is absolute market carnage.

            Yup…So what should I buy right now?

            Dunno. This market is scary. Not low enough for confident buys though IMO.

            Education is extremely important.

            1 Reply Last reply
            • AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote on last edited by
              #18

              Not long ago, Fed Chair J. Powell told everyone to expect “pain” in inflation fight. Then just yesterday, some JP Morgan released an analyst host says “soft landing” looks more likely than recession, and that got rather widely publicized. Boy, that JP Morgan analyst must feel so silly today.

              1 Reply Last reply
              • LuFins DadL LuFins Dad

                @Horace said in Inflation's not so bad..:

                Today is absolute market carnage.

                Yup…So what should I buy right now?

                Doctor PhibesD Offline
                Doctor PhibesD Offline
                Doctor Phibes
                wrote on last edited by
                #19

                @LuFins-Dad said in Inflation's not so bad..:

                @Horace said in Inflation's not so bad..:

                Today is absolute market carnage.

                Yup…So what should I buy right now?

                Whisky?

                I was only joking

                1 Reply Last reply
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #20

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  1 Reply Last reply
                  • Doctor PhibesD Offline
                    Doctor PhibesD Offline
                    Doctor Phibes
                    wrote on last edited by
                    #21

                    TBH, I don't understand - why exactly was it called The Inflation Reduction Act?

                    I was only joking

                    1 Reply Last reply
                    • MikM Offline
                      MikM Offline
                      Mik
                      wrote on last edited by
                      #22

                      I'm reconsidering my position not to vote for Trump in 2024.

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #23

                        Brave CNN ran away...

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        Aqua LetiferA 1 Reply Last reply
                        • George KG George K

                          Brave CNN ran away...

                          Aqua LetiferA Offline
                          Aqua LetiferA Offline
                          Aqua Letifer
                          wrote on last edited by
                          #24

                          @George-K said in Inflation's not so bad..:

                          Brave CNN ran away...

                          How so? Seems to me that was uncharacteristically balanced of them?

                          Please love yourself.

                          JollyJ 1 Reply Last reply
                          • Aqua LetiferA Aqua Letifer

                            @George-K said in Inflation's not so bad..:

                            Brave CNN ran away...

                            How so? Seems to me that was uncharacteristically balanced of them?

                            JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #25

                            @Aqua-Letifer said in Inflation's not so bad..:

                            @George-K said in Inflation's not so bad..:

                            Brave CNN ran away...

                            How so? Seems to me that was uncharacteristically balanced of them?

                            I honestly do think they're starting to try...

                            “Cry havoc and let slip the DOGE of war!”

                            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                            HoraceH 1 Reply Last reply
                            • JollyJ Jolly

                              @Aqua-Letifer said in Inflation's not so bad..:

                              @George-K said in Inflation's not so bad..:

                              Brave CNN ran away...

                              How so? Seems to me that was uncharacteristically balanced of them?

                              I honestly do think they're starting to try...

                              HoraceH Offline
                              HoraceH Offline
                              Horace
                              wrote on last edited by
                              #26

                              @Jolly said in Inflation's not so bad..:

                              @Aqua-Letifer said in Inflation's not so bad..:

                              @George-K said in Inflation's not so bad..:

                              Brave CNN ran away...

                              How so? Seems to me that was uncharacteristically balanced of them?

                              I honestly do think they're starting to try...

                              What have you noticed? Firing Stelter was a good step.

                              Education is extremely important.

                              1 Reply Last reply
                              • JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #27

                                Reassigning Acosta, also. There are circulating rumors that Acosta and Lemon may be the next two big heads to roll.

                                There are a lot of stories like this one floating around...

                                https://abcnews.go.com/Business/wireStory/cnn-management-intent-changing-perception-network-88892120

                                “Cry havoc and let slip the DOGE of war!”

                                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                1 Reply Last reply
                                • HoraceH Offline
                                  HoraceH Offline
                                  Horace
                                  wrote on last edited by
                                  #28

                                  I guess the focus groups have spoken.

                                  Education is extremely important.

                                  1 Reply Last reply
                                  • Doctor PhibesD Doctor Phibes

                                    We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                    Spin that how you will, but there are worse places to be right now.

                                    The day my brother finally wired my share of my mother's savings over a week or so ago was graced with the headline "Pound at lowest level against the USD since 1985". How I laughed.

                                    taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on last edited by
                                    #29

                                    @Doctor-Phibes said in Inflation's not so bad..:

                                    We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                    Spin that how you will, but there are worse places to be right now.

                                    How can that be? I thought President Biden controlled the worlds economy. LOL

                                    JollyJ 1 Reply Last reply
                                    • taiwan_girlT taiwan_girl

                                      @Doctor-Phibes said in Inflation's not so bad..:

                                      We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                      Spin that how you will, but there are worse places to be right now.

                                      How can that be? I thought President Biden controlled the worlds economy. LOL

                                      JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by
                                      #30

                                      @taiwan_girl said in Inflation's not so bad..:

                                      @Doctor-Phibes said in Inflation's not so bad..:

                                      We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                      Spin that how you will, but there are worse places to be right now.

                                      How can that be? I thought President Biden controlled the worlds economy. LOL

                                      No, but he has quite an effect upon the U.S. economy.

                                      “Cry havoc and let slip the DOGE of war!”

                                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                      Doctor PhibesD 1 Reply Last reply
                                      • HoraceH Offline
                                        HoraceH Offline
                                        Horace
                                        wrote on last edited by
                                        #31

                                        In my opinion, presidents have an ENORMOUS effect on the economy!

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • JollyJ Jolly

                                          @taiwan_girl said in Inflation's not so bad..:

                                          @Doctor-Phibes said in Inflation's not so bad..:

                                          We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                          Spin that how you will, but there are worse places to be right now.

                                          How can that be? I thought President Biden controlled the worlds economy. LOL

                                          No, but he has quite an effect upon the U.S. economy.

                                          Doctor PhibesD Offline
                                          Doctor PhibesD Offline
                                          Doctor Phibes
                                          wrote on last edited by Doctor Phibes
                                          #32

                                          @Jolly said in Inflation's not so bad..:

                                          @taiwan_girl said in Inflation's not so bad..:

                                          @Doctor-Phibes said in Inflation's not so bad..:

                                          We had a meeting with a number of big European customers last week, and the consensus from their management was that overall the US is likely to do a lot better than they will.

                                          Spin that how you will, but there are worse places to be right now.

                                          How can that be? I thought President Biden controlled the worlds economy. LOL

                                          No, but he has quite an effect upon the U.S. economy.

                                          And as I pointed out, the prevailing opinion seemed to be that the US is likely to do a lot better in the oncoming crisis than most, if not all, of Europe.

                                          Despite Biden, or because of him, depending on which particular flavour of Koolaid you prefer.

                                          I was only joking

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