Inflation's not so bad..
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@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!
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@Horace said in Inflation's not so bad..:
Today is absolute market carnage.
Yup…So what should I buy right now?
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@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.
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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.
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@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?
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TBH, I don't understand - why exactly was it called The Inflation Reduction Act?
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@George-K said in Inflation's not so bad..:
Brave CNN ran away...
How so? Seems to me that was uncharacteristically balanced of them?
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@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...
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@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.
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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
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@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
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@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.
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@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.