- Joined
- Sep 5, 2018
- Messages
- 19,168
It's always stupid **** like this.The one year that we almost made a profit, they decided to remodel the office.
It's always stupid **** like this.The one year that we almost made a profit, they decided to remodel the office.
You say rate cuts at the next meeting. Quarter point. No more no less. I still think 0 is possible .CPI, tomorrow, should remain unchanged from last month.
How much of the retail spending was borrowed via credit cards?08:30 USD Continuing Jobless Claims 1,864K 1,880K 1,871K
08:30 USD Core Retail Sales (MoM) (Jul) 0.4% 0.1% 0.5%
08:30 USD Export Price Index (YoY) (Jul) 0.7%
08:30 USD Export Price Index (MoM) (Jul) 0.7% 0.0% -0.3%
08:30 USD Import Price Index (MoM) (Jul) 0.1% -0.1% 0.0%
08:30 USD Import Price Index (YoY) (Jul) 1.6%
08:30 USD Initial Jobless Claims 227K 236K 234K
08:30 USD Jobless Claims 4-Week Avg. 236.50K 241.00K
08:30 USD NY Empire State Manufacturing Index (Aug) -4.70 -5.90 -6.60
08:30 USD Philadelphia Fed Manufacturing Index (Aug) -7.0 5.4 13.9
08:30 USD Philly Fed Business Conditions (Aug) 15.4 38.7
08:30 USD Philly Fed CAPEX Index (Aug) 12.00 7.40
08:30 USD Philly Fed Employment (Aug) -5.7 15.2
08:30 USD Philly Fed New Orders (Aug) 14.6 20.7
08:30 USD Philly Fed Prices Paid (Aug) 24.00 19.80
08:30 USD Retail Control (MoM) (Jul) 0.3% 0.9%
08:30 USD Retail Sales (MoM) (Jul) 1.0% 0.4% -0.2%
A lot of numbers, but the important numbers…
Retail sales for July up big -consumers spending…boom
Initial jobless claims down slightly..strength in job mkt..
Continuing jobless claims down
Not to worry boyas
He doesn't care. Same reason he doesn't care if rates are lowered with high inflation. Just keep kicking the can.How much of the retail spending was borrowed via credit cards?
Until he wants the government to save him and everyone else. We need to hit the brakes hard on spending, let inflation run at 2-3%, and ride out the 10-15 yr **** storm until AI kills off all humans. (joking on the end).He doesn't care. Same reason he doesn't care if rates are lowered with high inflation. Just keep kicking the can.
Think ur wish is about to be granted.Yes there may be misses, but Google beat and still dropped. After big gains in tech, it’s healthy to have a pullback. These big tech companies are going through the roof in the next 5 years because of AI and cloud..
I believe rate cuts are needed NOW.
Lower interest rates help homeowners, home buyers and credit card holders. Thankfully income has risen.Think ur wish is about to be granted.
@Tony4Canes
Since you always seem to be linking Trumpmedia.
You forgot this one
DJT stock: BlackRock, Vanguard disclose large positions in Trump Media By Investing.com
DJT stock: BlackRock, Vanguard disclose large positions in Trump Mediawww.investing.com
I'd say keep an eye on unemployment before getting too optimistic.I guess I’m not the only optimist….
BUSINESS INSIDER:
The US is "en route to a soft landing," despite the intense bout of market volatility seen this month, according to analysts at Goldman Sachs.
- Analysts from Goldman Sachs say to "keep the faith" in a soft landing for the US economy.
- Market volatility has been more about positioning than a looming recession, the analysts said.
- This week's encouraging data on retail sales, inflation, and unemployment should help quell worries.