The Banker
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It must suck to be a gay Trump supporter.
Inflation Plummeting Rapidly
- Thread starter The Banker
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kyzr
Diamond Member
You must not buy groceries, huh?
The Banker
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- #363
The data is the data, and it says inflation is easing.
blackhawk
Diamond Member
The prices at the pump and in the grocery store say something very different.
LeroyDumonde
Platinum Member
- May 30, 2023
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Inflation slowing down means that prices are still increasing. Get back to me when we get enough deflation to negate the past 3 years of inflation.
yidnar
Diamond Member
The Bugger [see definition] is getting angrier and angrier !
The Banker
Diamond Member
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I love how Biden's great economic data upsets you.
You hate Biden's booming labor market, and its sad.
Biden has a better economy and better labor market than Trump, and lower annual deficits than trump, and you hate it.
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Wow? They signed a peace deal in Europe
I missed that piece of news. You want to put a link to that for us. . . .
CrusaderFrank
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Change your name
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The Banker
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Why does Biden's booming labor market have you so triggered?
I'm sure you were very very unhappy when you first heard inflation has plummeted this morning.
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You're sure of a lot of crap that bears no relation to reality.
Just like all lefties.
Lesh
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Actually they don’t. They have stopped increasing by 10% or whatever
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Survey: Economists see slower hiring and more unemployment in 2023
Survey: Massive Hiring Slowdown Ahead For Job Market In 2023 | Bankrate
The unemployment rate is predicted to surge to 4.6 percent, while employers are forecasted to add just 42,000 jobs each month over the next year.
". . . Those projections show a dramatically worsened job market than the one workers are living through today. Joblessness is currently at a near-half century low of 3.7 percent, while businesses have added about 400,000 new positions on average over the past 12 months — almost 10 times faster than what economists say hiring will amount to in 2023. Unemployment has also never surged half a percentage point or more without the U.S. economy being in a recession. At the same time, a 4.6 percent unemployment rate would be the lowest of any downturn in history."
.
Economists expect recession. How do they make their forecasts? - Marketplace
Major CEOs and economists expect a downturn in 2023. We look inside the world of economic forecasting and ask whether predictions are reliable.
www.marketplace.org
Lesh
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Currently inflation is a little over 3%. That’s NOT high you dope
BackAgain
Neutronium Member & truth speaker #StopBrandon
Bullshit.Extremely Great inflation data this morning.
PCE is the FEDs preferred inflation gauge and it came in great across the board, increasing a meager 0.1% MoM and only 3.8% YoY, which is very close to the FED acceptable range.
Core PCE came in at just 0.3% MoM, which is getting very close to the FED's acceptable range.
Inflation is easing and the main causes, Putin's war and supply chain issues, are easing big time.
Commodities surged 80-100% in weeks, after the Putin war. Nat gas surged from $3 to $10+ and all commodities surged massively, that will cause inflation. The supply chain has finally been fixed and covid gone from china, and inflation is easing because of it.
PPI inflation has plummeted and is in deflation indicating more easing coming !
Personal income rose 0.4%, in another big positive.
Expect more easing of inflation, but continued strength in the economy with the best labor market in US history, and still a large amount of job openings with good pay supporting Americans. Build Back Better will also keep the labor market very strong.
Economic Calendar - Investing.com
Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.www.investing.com
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- #379
You dumb confused Moon Bat.Extremely Great inflation data this morning.
PCE is the FEDs preferred inflation gauge and it came in great across the board, increasing a meager 0.1% MoM and only 3.8% YoY, which is very close to the FED acceptable range.
Core PCE came in at just 0.3% MoM, which is getting very close to the FED's acceptable range.
Inflation is easing and the main causes, Putin's war and supply chain issues, are easing big time.
Commodities surged 80-100% in weeks, after the Putin war. Nat gas surged from $3 to $10+ and all commodities surged massively, that will cause inflation. The supply chain has finally been fixed and covid gone from china, and inflation is easing because of it.
PPI inflation has plummeted and is in deflation indicating more easing coming !
Personal income rose 0.4%, in another big positive.
Expect more easing of inflation, but continued strength in the economy with the best labor market in US history, and still a large amount of job openings with good pay supporting Americans. Build Back Better will also keep the labor market very strong.
Economic Calendar - Investing.com
Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.
It is still several times higher than when Trump was President.
Potatohead fucked up this economic big time and only idiots like you give him congratulations for it.
Tremendous damage has been done to family income since Potatohead stole the election. Damage that can't be recovered. Damage that eroded the buying power of the money they earned. A cruel tax on Americans and you are giddy about it.
Are you stupid or what?
The Banker
Diamond Member
- Thread starter
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- #380
That's all you got?Survey: Economists see slower hiring and more unemployment in 2023
Survey: Massive Hiring Slowdown Ahead For Job Market In 2023 | Bankrate
The unemployment rate is predicted to surge to 4.6 percent, while employers are forecasted to add just 42,000 jobs each month over the next year.www.bankrate.com
". . . Those projections show a dramatically worsened job market than the one workers are living through today. Joblessness is currently at a near-half century low of 3.7 percent, while businesses have added about 400,000 new positions on average over the past 12 months — almost 10 times faster than what economists say hiring will amount to in 2023. Unemployment has also never surged half a percentage point or more without the U.S. economy being in a recession. At the same time, a 4.6 percent unemployment rate would be the lowest of any downturn in history."
.
Economists expect recession. How do they make their forecasts? - Marketplace
Major CEOs and economists expect a downturn in 2023. We look inside the world of economic forecasting and ask whether predictions are reliable.
The data says otherwise.
The data says booming jobs market, with record JOLTs jobs openings to support further job growth.
Also we have Biden's brilliant agenda focusing on middle class jobs to add more jobs to an already robust market.
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