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The New Coffee Room

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

Inflation's not so bad..

Scheduled Pinned Locked Moved General Discussion
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  • 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

                                    1 Reply Last reply
                                    • JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by
                                      #33

                                      Despite Biden.

                                      Think where we would be at, if we had opened the economy up sooner (example, Florida and Texas) and spent a little less money.

                                      “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
                                      • taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #34

                                        Right leaning:
                                        Good things happen = IN SPITE of president
                                        Bad things happen = BECAUSE of president

                                        Left Leaning
                                        Good things happen = BECAUSE of president
                                        Bad things happen = IN SPITE of president

                                        MikM 1 Reply Last reply
                                        • Doctor PhibesD Offline
                                          Doctor PhibesD Offline
                                          Doctor Phibes
                                          wrote on last edited by
                                          #35

                                          There's a global problem with inflation, supply chain and other issues most likely caused by the pandemic and Russia's imperialist behaviour.

                                          Could the US President impact this? Obviously to some extent, but not that much if we're honest.

                                          And I'll say it again, the US is in better shape than Europe right now.

                                          I was only joking

                                          taiwan_girlT 1 Reply Last reply
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