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rocky_warrior

#5350
June 10, 2025, 12:00:24 AM Last Edit: June 10, 2025, 12:11:31 AM by rocky_warrior
The market is doing fine.

Inflation is also doing fine (based on my shopping lists... So much more expensive).

Devaluing the dollar is also doing fine, based on my companies expected average salary increase, it's a bit better (salary increase).

But the devaluing of the $ has made us lose more than market or salary gains.

MU Fan in Connecticut

#5351
June 10, 2025, 05:13:11 AM
Quote from: rocky_warrior on June 10, 2025, 12:00:24 AMThe market is doing fine.

Inflation is also doing fine (based on my shopping lists... So much more expensive).

Devaluing the dollar is also doing fine, based on my companies expected average salary increase, it's a bit better (salary increase).

But the devaluing of the $ has made us lose more than market or salary gains.

FWIW, I saw an article yesterday noting that people will finally start to see "noticeable" tariff inflation this month. 

Uncle Rico

#5352
June 13, 2025, 07:21:05 AM
"Well, we're all going to die."

The Sultan

#5353
June 13, 2025, 08:25:02 AM
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

MU82

#5354
June 13, 2025, 11:43:33 AM
Not saying Dimon will be wrong - I mean, there's always the "next recession" eventually - but he has been a voice of doom and gloom for many years now. Had investors heeded his warnings, they would have missed out on significant gains.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell

Jockey

#5355
June 13, 2025, 12:05:36 PM
Quote from: MU82 on June 13, 2025, 11:43:33 AMNot saying Dimon will be wrong - I mean, there's always the "next recession" eventually - but he has been a voice of doom and gloom for many years now. Had investors heeded his warnings, they would have missed out on significant gains.

The only money Jamie Dimon cares about belongs to Jamie Dimon.

Uncle Rico

#5356
June 13, 2025, 01:12:33 PM
Quote from: Jockey on June 13, 2025, 12:05:36 PMThe only money Jamie Dimon cares about belongs to Jamie Dimon.

That's very true when it came to tipping Herm after our round of golf
"Well, we're all going to die."

Jockey

#5357
June 13, 2025, 03:11:32 PM
Quote from: Uncle Rico on June 13, 2025, 01:12:33 PMThat's very true when it came to tipping Herm after our round of golf

whose clubs did Herm carry? Yours or Jamie's?

Uncle Rico

#5358
June 13, 2025, 05:22:13 PM
Quote from: Jockey on June 13, 2025, 03:11:32 PMwhose clubs did Herm carry? Yours or Jamie's?

I've seen Herm's perv posts, he wasn't allowed near my clubs
"Well, we're all going to die."

MU82

#5359
June 13, 2025, 06:57:31 PM
Visa and Mastercard stocks down about 5% each today after a report said Amazon and Walmart are considering stablecoin payment systems that would bypass traditional payment rails.

Overreaction IMHO. Few actually see this happening anytime soon. Seems more like a negotiation ploy by Amazon and Walmart.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell
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