Biden’s economy

[Anonymous]

Anonymous wrote:Investment grade corporate spreads are starting to blow out... The issue is that the main source of demand (a non-commercial buyer) (US Govt and other Central Banks) are pulling back. All liquidity/demand is decreasing (due to the US Fed unwind and buying cessation). The repricing (all assets) will continue until the current demand/supply/growth expectation imbalances are corrected, pricing fully reflects both inflation and negative growth in 2023/2024. If inflation stabilizes at 5%, junk should price around an 8 to 10% all in yield.

(1) The US Fed stopped buying corporate debt, (2) Unwinding is reducing liquidity ($100bn monthly), (3) growth is slowing (or negative), (4) credit quality is falling significantly. Fed manipulation is over, liquidity is dead, credit quality is declining. HY (Junk) Yields have doubled and nominal prices are dropping (45 degree angle - down and to the right). It will continue for another 3 to 6 months. End of story. The game is over and so is this economy.

Serious question- what good is the fed? It just appears to me all they do is basically manipulate the market in a way that encourages bigger and bigger bubbles to form.

[Anonymous]

[Anonymous]

Former Fed chairman sees massive stagflation

https://www.nytimes.com/2022/05/16/business/ben-bernanke-predicts-stagflation.html

Biden admin and democrats are struggling. Based in their bad policies they’re trying to drum up FUD with abortion - which a lot of Americans don’t list as a top issue for them
https://www.politico.com/news/2022/05/11/inflation-roe-dems-connect-voters-00031602

The number one issue is the economy for lots. Most people don’t care about the RvW thing as they know it goes back to the states to decide as it should. But what does matter is people deciding whether to skip a meal or fill the tank with gas prices on the rise again reaching record highs.

[Anonymous]

Anonymous wrote:Former Fed chairman sees massive stagflation

https://www.nytimes.com/2022/05/16/business/ben-bernanke-predicts-stagflation.html

Biden admin and democrats are struggling. Based in their bad policies they’re trying to drum up FUD with abortion - which a lot of Americans don’t list as a top issue for them
https://www.politico.com/news/2022/05/11/inflation-roe-dems-connect-voters-00031602

The number one issue is the economy for lots. Most people don’t care about the RvW thing as they know it goes back to the states to decide as it should. But what does matter is people deciding whether to skip a meal or fill the tank with gas prices on the rise again reaching record highs.

Abortion isn’t even in the top ten…
https://fivethirtyeight.com/features/we-asked-2000-americans-about-their-biggest-concern-the-resounding-answer-inflation/amp/

No one cares. What they do care about is inflation.

[Anonymous]

Anonymous wrote:

Jeff Bezos is piling on too.

[Anonymous]

Anonymous wrote:

Should we start a thread for her? How long does she last?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Jeff Bezos is piling on too.

Bezos read Jeff's thread on DCUM . Legendary stuff.

[Anonymous]

https://thepostmillennial.com/breaking-washington-gas-stations-run-out-of-gas-add-extra-digit-in-anticipation-of-10-dollar-prices

Gas stations in in Washington running out of gas.

They’re adding extra digits in anticipation of 10 a gallon prices

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Jeff Bezos is piling on too.

Bezos read Jeff's thread on DCUM . Legendary stuff.

Uh oh…what are the people that work at Beezos tabloid going to think not he’s going against their dear leader?

[Anonymous]

Had to stop taking my kids to their activities. They played sports but with gas through the roof and food rising can’t afford it. I can’t just take one out and let the other two do their stuff as that’s not fair. So now all three are out of sports.

70 bucks to fill up my car…was 35-41 before.

Vacation plans are now on hold…thanks to Biden’s economy

[Anonymous]

I was as staunchly anti Trump as they come, but shame on the folks still defending Biden on this forum that still to this day bring up how bad Trump was to deflect from the dumpster fire that is Biden’s economy. Biden is hurting all American — from the embarrassment that was allowing the Taliban to essentially win our multi decades long war and establish a new caliphate, to destroying the well-being of the average working class American through the worst inflation we have seen in 40 years. I used to believe that Trump was a tarnish on America’s history, but now I see that Biden is the biggest travesty of them all.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Should we start a thread for her? How long does she last?

Oh, dear. I feel sorry for her.

[Anonymous]

Anonymous wrote:Had to stop taking my kids to their activities. They played sports but with gas through the roof and food rising can’t afford it. I can’t just take one out and let the other two do their stuff as that’s not fair. So now all three are out of sports.

70 bucks to fill up my car…was 35-41 before.

Vacation plans are now on hold…thanks to Biden’s economy

Where were you going, the nearest KOA?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Had to stop taking my kids to their activities. They played sports but with gas through the roof and food rising can’t afford it. I can’t just take one out and let the other two do their stuff as that’s not fair. So now all three are out of sports.

70 bucks to fill up my car…was 35-41 before.

Vacation plans are now on hold…thanks to Biden’s economy

Where were you going, the nearest KOA?

KOA?

What’s that?

[Anonymous]

Remember…the economy is in shambles…gas through the roof, no infant formula and this administration and every democrat voted for a spending bill that funded a war that were not part of. We spent ten times more than anyone in Europe and for what?

We could have used those billion here to relive the American people