Dow drops more than 700 points following inflation report

[TheYellowKing]

I'm neither looking nor selling. Still, your thread title is how the Dow dropped 700 points 2 days ago and I'm pointing out it has recovered.

According to who? Your trusted sources and experts

Hahahahahahahahahahahahahahaha

Tell us another one

 

[Faun]

And you really think 3 grand a month in mortgage payments is sustainable and attainable for the average American?

Holy fuck indeed we've got another retard

What does that have to do with your idiocy of comparing nominal prices between 40 something years ago with today?

 

[Faun]

According to who? Your trusted sources and experts

Hahahahahahahahahahahahahahaha

Tell us another one

No, according to the Dow...

Date............. close
Feb 15, 2024 38,773.12
Feb 14, 2024 38,424.27
Feb 13, 2024 38,272.75
Feb 12, 2024 38,797.38

 

[TheYellowKing]

What does that have to do with your idiocy of comparing nominal prices between 40 something years ago with today?

Maybe go back and follow along the whole conversation you'll see why I compared the two

 

[TheYellowKing]

No, according to the Dow...

Date............. close
Feb 15, 2024 38,773.12
Feb 14, 2024 38,424.27
Feb 13, 2024 38,272.75
Feb 12, 2024 38,797.38

That's great now do the other half of my title and tell me about inflation

 

[Faun]

Maybe go back and follow along the whole conversation you'll see why I compared the two

There's no justification for comparing the two. Lime with GDP, there's a reason for using real dollar figures for comparing them over periods of time.

 

[Faun]

That's great now do the other half of my title and tell me about inflation

This is your entire title...

"Dow drops more than 700 points following inflation report"

As pointed out, the Dow recovered from that.

 

[TheYellowKing]

There's no justification for comparing the two. Lime with GDP, there's a reason for using real dollar figures for comparing them over periods of time.

Again

Go back and read you'll see there was

Or ask all your "in my day rates were 15%" boomer pals

 

[TheYellowKing]

This is your entire title...

"Dow drops more than 700 points following inflation report"

As pointed out, the Dow recovered from that.

Following inflation report

Has inflation recovered?

No

 

[iku]

If you NEVER got a loan, who determined your FICO score?


View attachment 903071

FICO did, I showed you my latest report. I have (2) credit cards that I pay off at the end of each month.
Hole, you are in over your head. Go back to the wading pool.

 

[Egregious Philbin]

So besides being an econ wiz you're also a part time psychiatrist

Nah I think you're full of shit and lack the courage of your convictions

That or you know I'm right and are saving yourself a vacation

Either way you're still a retard and a douchebag

Isn't psychology fun!

So much baiting.

 

[TheYellowKing]

So much baiting.

And you

So much cope and seethe

 

[Faun]

Following inflation report

Has inflation recovered?

No

Inflation dropped.

 

[Winco]

You can't do "6th grade math"

If an item costing $x, is increased in price by 20% and then the store owner decides that he couldn't sell that item at that price, so he decides to lower that price by 20%, what is the cost of the item now in terms of x?

 

[TheYellowKing]

Inflation dropped.

Mortgage rates shoot to 2 month high after inflation report

MSN

www.msn.com

Inflation comes in hotter than expected at 0.9% in January in producer price index - Washington Examiner

Wholesale inflation, as measured by the producer price index, declined slightly to 0.9% for the year ending in January but was higher than expected.

www.washingtonexaminer.com

CPI Report Today: Inflation Rose by 3.1% in January

The latest consumer price index report, released at 8:30 a.m. today, showed the annual rate of inflation rose by 3.1% in January from 3.4% in December.

www.barrons.com

Keep that lying jive talk goin

 

[TheYellowKing]

If an item costing $x, is increased in price by 20% and then the store owner decides that he couldn't sell that item at that price, so he decides to lower that price by 20%, what is the cost of the item now in terms of x?

If my aunt had balls she'd be my uncle

You really think I'm gonna answer your questions after you've been ducking mine?

 

[Fort Fun Indiana]

500 FICO subprime for Holes such as yourself
I myself have never had a home loan. Paid cash.
And you

Haha, suuuure. And you live in Niagara Falls with your wife, Morgan Fairchild.

 

[Fort Fun Indiana]

You don't think putting more of something (money) into the world causes inflation?

Cute strawman.

What I said was that is not the main driver of the current, persistent inflation.

Because it isn't. You need to step outside the white wing bubble and read more.

But I doubt that happens. You seem to have the mind of a child.

 

[Faun]

Mortgage rates shoot to 2 month high after inflation report

MSN

www.msn.com

Inflation comes in hotter than expected at 0.9% in January in producer price index - Washington Examiner

Wholesale inflation, as measured by the producer price index, declined slightly to 0.9% for the year ending in January but was higher than expected.

www.washingtonexaminer.com

CPI Report Today: Inflation Rose by 3.1% in January

The latest consumer price index report, released at 8:30 a.m. today, showed the annual rate of inflation rose by 3.1% in January from 3.4% in December.

www.barrons.com

Keep that lying jive talk goin

Umm... that's banks being greedy. The Federal Reserve did not raise the federal fund rate. Be mad at your bank, not the inflation rate, which dropped.

 

[iku]

Haha, suuuure. And you live in Niagara Falls with your wife, Morgan Fairchild.

Never had a car nor a home loan, and never rented..
I earned it