Great inflation news democrats wrong on tariffs

Hafar1014

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Stocks jumped Thursday, snapping a recent losing streak, following an encouraging readout on inflation.
The delayed consumer-price index for November showed prices rose 2.7% in the past 12 months, slowing from a 3% rate in September and considerably below consensus forecasts.

Economists polled by The Wall Street Journal had expected a 3.1% rate.

Excluding volatile food and energy prices, the core rate stood at 2.6%, also slower than expected.

That was the lowest core inflation since early 2021, before a pandemic-era spike that took this rate above 6%.
However, economists cautioned against reading too much into the report due to gaps in data collection during the government shutdown. The stoppage meant there was no October CPI report.
The Nasdaq composite led gains, rising more than 1%. The dollar slipped and Treasury yields held losses. Shares in Nvidia and other artificial-intelligence-linked companies rose after Micron said it expects demand from AI developers to boost growth. The memory-chip stock surged.
—By Ed Ballard
Wall St Journal
 
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This Is How the Economy Collapses.​

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100% False the Biden economy was debt based government spending and printed money causing thw wrist inflation in 40 years.
Trumps economy is wealth based private sector real capital and inflation is coming down wages are up taxes cut regulations cut and we are getting better every day.
Biden did collapse the economy
Stocks jumped Thursday, snapping a recent losing streak, following an encouraging readout on inflation.
The delayed consumer-price index for November showed prices rose 2.7% in the past 12 months, slowing from a 3% rate in September and considerably below consensus forecasts.

Economists polled by The Wall Street Journal had expected a 3.1% rate.

Excluding volatile food and energy prices, the core rate stood at 2.6%, also slower than expected.

That was the lowest core inflation since early 2021, before a pandemic-era spike that took this rate above 6%.
However, economists cautioned against reading too much into the report due to gaps in data collection during the government shutdown. The stoppage meant there was no October CPI report.
The Nasdaq composite led gains, rising more than 1%. The dollar slipped and Treasury yields held losses. Shares in Nvidia and other artificial-intelligence-linked companies rose after Micron said it expects demand from AI developers to boost growth. The memory-chip stock surged.
—By Ed Ballard
 
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Man usually the left are all over inflation news but they seen quiet today, where are they? I thought they’d be celebrating good news.
 
100% False the Biden economy was debt based government spending and printed money causing thw wrist inflation in 40 years.
Trumps economy is wealth based private sector real capital and inflation is coming down wages are up taxes cut regulations cut and we are getting better every day.
Biden did collapse the economy
Stocks jumped Thursday, snapping a recent losing streak, following an encouraging readout on inflation.
The delayed consumer-price index for November showed prices rose 2.7% in the past 12 months, slowing from a 3% rate in September and considerably below consensus forecasts.

Economists polled by The Wall Street Journal had expected a 3.1% rate.

Excluding volatile food and energy prices, the core rate stood at 2.6%, also slower than expected.

That was the lowest core inflation since early 2021, before a pandemic-era spike that took this rate above 6%.
However, economists cautioned against reading too much into the report due to gaps in data collection during the government shutdown. The stoppage meant there was no October CPI report.
The Nasdaq composite led gains, rising more than 1%. The dollar slipped and Treasury yields held losses. Shares in Nvidia and other artificial-intelligence-linked companies rose after Micron said it expects demand from AI developers to boost growth. The memory-chip stock surged.
—By Ed Ballard
BS. You re loking for anything to try defending Trump. But Trump is killing the economy. Stocks are no real economic indicator.
 
BS. You re loking for anything to try defending Trump. But Trump is killing the economy. Stocks are no real economic indicator.
Its one and good one then we have inflation and that report was better than expected. All new jobs created were private sector jobs. GDP 3.8% tariffs. wages up. Next year tax cuts kick in and the economy takes off

Highlights:

  • Middle Class Gets Outsized Cut: The middle 20 percent of earners, will get 13 percent of the total tax cut while only currently paying 10 percent of all income tax. This means a $1,780 tax cut for every middle-income taxpayer from all of President Trump’s tax cuts.
  • Working Families Get Outsized Cut: Taxpayers in the bottom 40 percent of earners will see their taxes cut by 15 percent. The lowest 20 percent of earners get the largest reduction in taxes of any income group.
  • Top 1 Percent Will Pay a Larger Share: The working families tax cut increases the share of federal income taxes paid by the top 1 percent of taxpayers to nearly 35 percent.
 
BS. You re loking for anything to try defending Trump. But Trump is killing the economy. Stocks are no real economic indicator.
You’re a moron. Stock investment is the purest form of capitalism. The stock market is historically an indicator of the future economy.
 
100% False the Biden economy was debt based government spending and printed money causing thw wrist inflation in 40 years.
Trumps economy is wealth based private sector real capital and inflation is coming down wages are up taxes cut regulations cut and we are getting better every day.
Biden did collapse the economy
Stocks jumped Thursday, snapping a recent losing streak, following an encouraging readout on inflation.
The delayed consumer-price index for November showed prices rose 2.7% in the past 12 months, slowing from a 3% rate in September and considerably below consensus forecasts.

Economists polled by The Wall Street Journal had expected a 3.1% rate.

Excluding volatile food and energy prices, the core rate stood at 2.6%, also slower than expected.

That was the lowest core inflation since early 2021, before a pandemic-era spike that took this rate above 6%.
However, economists cautioned against reading too much into the report due to gaps in data collection during the government shutdown. The stoppage meant there was no October CPI report.
The Nasdaq composite led gains, rising more than 1%. The dollar slipped and Treasury yields held losses. Shares in Nvidia and other artificial-intelligence-linked companies rose after Micron said it expects demand from AI developers to boost growth. The memory-chip stock surged.
—By Ed Ballard


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Have gas prices stabilized or come down? Sure.

What about my groceries, consumer products and utilities, have they stabilized or gone down? Nope.


 
Only fools believe that inflation is 2.7%. The same idiots who posted this number, sent it to the Social Security Admin to create a new COLA for 2025, this month.

In the meantime, renters all over the country (112 Million) are seeing 10% increases in their rent year after year. So this means Social Security recipients are getting poorer & poorer ever year, as their rent increases swamp their COLA increases.

Economists who moronically come up with this absurd 2.7 number (last COLA was 2.8), still appear to be oblivious to the rent raises, while these are by far the biggest expense renters have, compared to whatever it is the economists are looking at.
 
Stocks jumped Thursday, snapping a recent losing streak, following an encouraging readout on inflation.
The delayed consumer-price index for November showed prices rose 2.7% in the past 12 months, slowing from a 3% rate in September and considerably below consensus forecasts.

Economists polled by The Wall Street Journal had expected a 3.1% rate.

Excluding volatile food and energy prices, the core rate stood at 2.6%, also slower than expected.

That was the lowest core inflation since early 2021, before a pandemic-era spike that took this rate above 6%.
However, economists cautioned against reading too much into the report due to gaps in data collection during the government shutdown. The stoppage meant there was no October CPI report.
The Nasdaq composite led gains, rising more than 1%. The dollar slipped and Treasury yields held losses. Shares in Nvidia and other artificial-intelligence-linked companies rose after Micron said it expects demand from AI developers to boost growth. The memory-chip stock surged.
—By Ed Ballard
Wall St Journal
Youre a total moron dude. They released no numbers. It was just gas and housing.

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15th post
Middle Class Gets Outsized Cut: The middle 20 percent of earners, will get 13 percent of the total tax cut while only currently paying 10 percent of all income tax. This means a $1,780 tax cut for every middle-income taxpayer from all of President Trump’s tax cuts.

So, 20% of earners getting 13% of the tax cuts is a good thing?

Should they not at least get 20% of the tax cuts?
 
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