Investing Thread

[MU82]

From the Wall Street Journal:

U.S. prices fell in November for the first time since April 2020

The Fed’s preferred inflation measure, the personal-consumption expenditures price index, decreased 0.1% from the previous month, the Commerce Department said. Prices were up 2.6% on the year, not far from the central bank’s 2% target. Brass tacks? The Fed is winning its fight over inflation, with many economists now saying the economy will likely cruise to a soft landing (a.k.a. inflation cools without a recession). Meanwhile, after dealing with crushing price increases and recession fears over the past two years, Americans are more confident in the economy: Consumer sentiment rose 14% to a five-month high in December from the previous month, according to a University of Michigan survey.

FWIW, Fox News ran a headline today that said Bidenomics were crushing consumers, making for a disaster of a Christmas.

Stats, facts, data, evidence, etc ... nomatta

[tower912]

$787 million says they don't tell the truth.

[Skatastrophy]

$787 million says they don't tell the truth.

Lol

[jesmu84]

When does the trickle down economics start trickling down?

[rocket surgeon]

When does the trickle down economics start trickling down?

  never when ice cream breath is in charge...too many "dictator" regs getting in the way except for his wall street, silicon valley buds and anyone else with the name biden

[Uncle Rico]

  never when ice cream breath is in charge...too many "dictator" regs getting in the way except for his wall street, silicon valley buds and anyone else with the name biden

See, this is why David Joplin wants to transfer.

7.5 out of 10

[4everwarriors]

When does the trickle down economics start trickling down?

It'll take a while ta get to ewe, hey?

[rocket surgeon]

See, this is why David Joplin wants to transfer.

7.5 out of 10

  please elaborate for us here reeko...

[Uncle Rico]

  please elaborate for us here reeko...

This is why David Joplin wants to transfer.

[reinko]

  never when ice cream breath is in charge...too many "dictator" regs getting in the way except for his wall street, silicon valley buds and anyone else with the name biden

lol, inflation below 2%, GDP at 4.9%, historically low unemployment, more people working than pre COVID, outpacing all large economies around the world, all time Dow Jones highs, but yeah, Wall Street, Silicon Valley and Hunter Biden are the only ones benefiting.

[tower912]

And China.

[rocket surgeon]

This is why David Joplin wants to transfer.

  no, jop told me it's people like reeeko the stalker that freak him out

[rocket surgeon]

lol, inflation below 2%, GDP at 4.9%, historically low unemployment, more people working than pre COVID, outpacing all large economies around the world, all time Dow Jones highs, but yeah, Wall Street, Silicon Valley and Hunter Biden are the only ones benefiting.

  yes, things are improving...as we get closer to election, but inflation is not below 2%-sorry.  gas prices coming down is huge.  the fact that the feds might hold the line of the interest rates is good news.  still gotta get rid of the strangling regs, especially on energy.  let free market determine EV and the such

[Uncle Rico]

  no, jop told me it's people like reeeko the stalker that freak him out

No, it’s the thinly veiled racism and appropriation of MLK

[reinko]

  yes, things are improving...as we get closer to election, but inflation is not below 2%-sorry.  gas prices coming down is huge.  the fact that the feds might hold the line of the interest rates is good news.  still gotta get rid of the strangling regs, especially on energy.  let free market determine EV and the such

6 months and running at 1.9%, oops.

https://x.com/justinwolfers/status/1738205044829249862?s=46&t=1VPsVLoWWbtblV9sGVm3Jg

[ATL MU Warrior]

6 months and running at 1.9%, oops.

https://x.com/justinwolfers/status/1738205044829249862?s=46&t=1VPsVLoWWbtblV9sGVm3Jg

That guy is a college prof. so probably in the bag for the big guy

[SoCalEagle]

  yes, things are improving...as we get closer to election, but inflation is not below 2%-sorry.  gas prices coming down is huge.  the fact that the feds might hold the line of the interest rates is good news.  still gotta get rid of the strangling regs, especially on energy.  let free market determine EV and the such

There are no "strangling regs" as has been shown in the posts above.  We are pumping more oil out of the ground than at any time in history.  We may have regs, but they aren't strangling anything.  And your free market approach is a good one, but it depends on precisely what you mean.  Less regulation is okay, but we need rules (regulations) that will apply to how we do some things in America.  You know, like trains full of chemicals going through small cities in middle America.  Take away the rules (regulations) and what happens?  Well .....

[The Hippie Satan of Hyperbole]

There are no "strangling regs" as has been shown in the posts above.  We are pumping more oil out of the ground than at any time in history.  We may have regs, but they aren't strangling anything.  And your free market approach is a good one, but it depends on precisely what you mean.  Less regulation is okay, but we need rules (regulations) that will apply to how we do some things in America.  You know, like trains full of chemicals going through small cities in middle America.  Take away the rules (regulations) and what happens?  Well .....

Yeah it’s like people willfully ignore the fact that the United States is the worlds largest petroleum producer.

[JWags85]

Yeah it’s like people willfully ignore the fact that the United States is the worlds largest petroleum producer.

I wouldn’t say it’s willfully ignorant as much as it’s just a delay in understanding, which is not at all uncommon.  The US surpassed Russia and SA in what, 2018?  So for most people, they learned about oil as kids and college students and their entire adult lives had the US as a major producer but not the top dawg like the US is now.

That isn’t excusing the ignorance that has people thinking the US is behind places like Iraq or other smaller MEA producers

[Pakuni]

I wouldn’t say it’s willfully ignorant as much as it’s just a delay in understanding, which is not at all uncommon.  The US surpassed Russia and SA in what, 2018?  So for most people, they learned about oil as kids and college students and their entire adult lives had the US as a major producer but not the top dawg like the US is now.

Five years to judge?

[SoCalEagle]

I wouldn’t say it’s willfully ignorant as much as it’s just a delay in understanding, which is not at all uncommon.  The US surpassed Russia and SA in what, 2018?  So for most people, they learned about oil as kids and college students and their entire adult lives had the US as a major producer but not the top dawg like the US is now.

That isn’t excusing the ignorance that has people thinking the US is behind places like Iraq or other smaller MEA producers

Wags, it is absolutely willful ignorance. Look, just read above where one of our fellow posters cites regulation as impeding our ability to produce oil. When it is pointed out that he is mistaken, does he come back and say “hey fellas, good point, I didn’t know about that?” No, he continues to push his “regulations” theme. I’m good with calling that willful ignorance. And, this is repeated by those on the right over and over again.

[TSmith34, Inc.]

  yes, things are improving...as we get closer to election, but inflation is not below 2%-sorry.  gas prices coming down is huge.  the fact that the feds might hold the line of the interest rates is good news.  still gotta get rid of the strangling regs, especially on energy.  let free market determine EV and the such

Not that facts, data, or information will penetrate your brain, but:

The United States is producing more oil than any country in history
https://www.cnn.com/2023/12/19/business/us-production-oil-reserves-crude/index.html#:~:text=Last%20month%2C%20weekly%20US%20oil,sent%20output%20and%20prices%20crashing.

[MU82]

I wouldn’t say it’s willfully ignorant as much as it’s just a delay in understanding, which is not at all uncommon.  The US surpassed Russia and SA in what, 2018?  So for most people, they learned about oil as kids and college students and their entire adult lives had the US as a major producer but not the top dawg like the US is now.

That isn’t excusing the ignorance that has people thinking the US is behind places like Iraq or other smaller MEA producers

It's willful ignorance, yes, as well as parroting everything they see on Fox News.

[rocket surgeon]

Not that facts, data, or information will penetrate your brain, but:

The United States is producing more oil than any country in history
https://www.cnn.com/2023/12/19/business/us-production-oil-reserves-crude/index.html#:~:text=Last%20month%2C%20weekly%20US%20oil,sent%20output%20and%20prices%20crashing.

  this is all fine and great at the moment, but understand(if you can??) his regulations will not have an impact TODAY!!  just give them a few months or so.  ya ever hear of boiling the frog?  btw, ya getting rid of your gas stove yet?  either has heels up harry

[Uncle Rico]

  this is all fine and great at the moment, but understand(if you can??) his regulations will not have an impact TODAY!!  just give them a few months or so.  ya ever hear of boiling the frog?  btw, ya getting rid of your gas stove yet?  either has heels up harry

9 out of 10