The US Market has lost 1,000 points in a mass sell off.... All this false shit about the US Economy has finally hit the wall.... The American economy has NOT been good .... Consumer prices REMAIN HIGH.... Companies post covid cannot get people to COME to work and … [Read more...] about US Stock Market and World Finicial markets sell-offs like Rain Falling….
American Inflation/Recession
Biden does a presser Saying the economy IS better due to His efforts….
He points out that his programs have put more money and jobs out to Americans.... He is trying to raise more people being able to make Over Time.... He points to a drop in Inflation.... He points out that many of Trump economic efforts have failed..... But? Biden … [Read more...] about Biden does a presser Saying the economy IS better due to His efforts….
Consumer Spending Worries Retailers…..
And Fed Chair Powell is adamant that that he could keep raising rates.... He and his crew ARE screwing Consumer's and President Biden..... But even retailers with strong sales say there are signs of economic strain among shoppers. “It is clear that the lower-income shopper, … [Read more...] about Consumer Spending Worries Retailers…..
Yes….As Interest Rates get Jacked Up…Consumer Prices are NOT Dropping….
I don't really care what the Labor Departments says about Inflaction declining..... I don't care about Federal Bankers working with Jerome .... The price of ga around my way is creeping UP..... So is the price of pizza.... My wife says egg prices came down.... But … [Read more...] about Yes….As Interest Rates get Jacked Up…Consumer Prices are NOT Dropping….
Is Biden about to get a brake in his poll numbers?
He COULD use a FEW breaks..... The Sooner.... The Better.... (He's still leading Trump and DeSantis by low single digits) Historically, it can feel as if almost every major political upheaval comes with inflation, whether it’s the Great Unrest in Britain, the Red Summer … [Read more...] about Is Biden about to get a brake in his poll numbers?
Yes…American Consumer Prices ARE STILL HIGH……
Please disregard all the media stories about the drop in inflation.... It's STILL HERE..... The 'experts' might know it in their computers.... But when they get off work and buy stuff? They have to see it like the rest of us.... The piece below must have been … [Read more...] about Yes…American Consumer Prices ARE STILL HIGH……
Less Costing MORE Inflation…Open Thread for May 3, 2023
I'm a old timer..... I use checks.... Last time I ordered them i got 4 bundles of checks..... This time.... I get TWO bundles and guess what? It costs the SAME as FOUR bundles!.... The Fed is NEVER gonna be able to knuckle down consumer price … [Read more...] about Less Costing MORE Inflation…Open Thread for May 3, 2023
March 2023 American jobs numbers come in lower then expected…..
All them BIG companies layoff's and continued people NOT wanting to 'go to work' to work for low wages ARE showing up in the payroll numbers declining.... Ole' Jerome at the Fed should be happy.... The stealth Recession is showing up in the numbers..... And? The South … [Read more...] about March 2023 American jobs numbers come in lower then expected…..