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  1. Hi there... Can you please quickly check to make sure your email address is up to date here? Just in case we need to reach out to you or you lose your password. Muchero thanks!

Bidenomics: Stellar Q3 growth expected Thursday

Discussion in 'Too Hot for Swamp Gas' started by citygator, Oct 24, 2023.

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  1. Oct 27, 2023 #41
    rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Corporal punishment?
     
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  2. Oct 27, 2023 #42
    citygator

    citygator VIP Member

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    Charlotte
    And the core price index from the commerce department today was good.

    Inflation Trends Keep Fed Rate Hikes on Pause

    Core prices were up at a 2.8% annualized rate in April through September, down considerably from a 4.5% annualized rate in the prior six-month period. The Fed’s inflation target is 2%.


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    At their meeting last month, Fed officials projected core inflation would fall to 3.7% in the fourth quarter from a year earlier. Friday’s report suggests inflation would end the year below that projection, which could strengthen the case to hold rates steady.

    IMG_0326.jpeg
     
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  3. Oct 27, 2023 #43
    l_boy

    l_boy 5500

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    Another reason for the fed pause is long term rates are going up by themselves. No need for the fed to act if the market is doing it for them.
     
  4. Oct 27, 2023 #44
    Sohogator

    Sohogator GC Hall of Fame

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    Cuts are gong to be necessary soon. Got to drop rates starting q1. Ar least 100bps in 24.

    Edit checked market indeed is pricing 100bps but starting q2. A nice 75 bps cut June through Sept Should help Joe and DemoncRATS in time for election.
     
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  5. Oct 30, 2023 #45
    gator95

    gator95 GC Hall of Fame

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    Yeah, everything is awesome gang!

    https://www.cnbc.com/2023/10/30/wha...e-growth-forecast-for-2024-means-for-you.html

    Workers seeking salaries that will match the ongoing rise in the cost of living are likely to find 2024 a challenging environment.

    “The average American has only kept pace with inflation, and maybe feels like they’ve lost ground relative to the pre-pandemic trend,” said Julia Pollak, chief economist at ZipRecruiter.

    The data supports that: Growth in the consumer price index surpassed wage growth for full-time workers in 2021 and has not come down since, up 18.2% since the beginning of 2020.


    upload_2023-10-30_9-3-35.png
     
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  6. Oct 30, 2023 #46
    duggers_dad

    duggers_dad GC Hall of Fame

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    It’s a miracle economy, so many jobs available that I know people who have three.
     
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  7. Oct 30, 2023 #47
    citygator

    citygator VIP Member

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    Thanks. Someone forecasted something. Big breaking news!

    The forecasts had 100% chance of a recession in 2023. I dont think anyone really has a good idea what is going on.. especially right wing fans faking bad news.
     
  8. Oct 30, 2023 #48
    gator95

    gator95 GC Hall of Fame

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    Yeah, CNBC is far right...

    Some people are too obtuse to have rational discussions with.
     
  9. Oct 30, 2023 #49
    jhenderson251

    jhenderson251 Premium Member

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    [​IMG]
     
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  10. Oct 30, 2023 #50
    citygator

    citygator VIP Member

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    I wasn’t talking about CNBC. I was talking about you. CNBC says with inflation reducing the wages moderate too. Youre the one who took that and ran here thinking it said something profound.
     
  11. Oct 30, 2023 #51
    gator95

    gator95 GC Hall of Fame

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    LOL. I'm not right wing so swing and a miss again. You are on a real cold streak Skippy.
     
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  12. Oct 30, 2023 #52
    citygator

    citygator VIP Member

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    Charlotte
    Oh. My bad. You have the same name and avatar as someone else I was thinking about.
     
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  13. Oct 30, 2023 #53
    dangolegators

    dangolegators GC Hall of Fame

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    LOL. There's that word again. You need to broaden your vocabulary. Do a search on 'gator95' and 'obtuse' and let us know how many hits you get.
     
  14. Oct 30, 2023 #54
    dangolegators

    dangolegators GC Hall of Fame

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    Yeah, you're not a right-winger, you only vote for them.
     
  15. Oct 30, 2023 #55
    gator95

    gator95 GC Hall of Fame

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    Good try. Didn't vote for trump ever. Didn't vote for DeSantis in the last election. I'm about 50-40-10 on voting for R's, D's and Independents. So yeah, yet another K for you. I'd say do better but we both know that isn't happening.
     
  16. Oct 30, 2023 #56
    gator95

    gator95 GC Hall of Fame

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    Sick burn bro.
     
  17. Oct 30, 2023 #57
    dangolegators

    dangolegators GC Hall of Fame

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    Did you do the search? It's really funny.
     
  18. Oct 30, 2023 #58
    gator95

    gator95 GC Hall of Fame

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    Nope. Too busy laughing at some of your posts.
     
  19. Oct 30, 2023 #59
    dangolegators

    dangolegators GC Hall of Fame

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    LOL. Yeah man, you right down the middle.
     
  20. Oct 30, 2023 #60
    dangolegators

    dangolegators GC Hall of Fame

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    Check it out. You'll see 4 full pages of you using the word 'obtuse'. Do yourself a favor and look up some alternatives to your favorite big word.
     
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