They usually leak inflation numbers within the next 48 hours. What do we think it’s going to be?

The yield curve is starting to rapidly flatten. It is on pace to invert either late this year or in 2023. Recessions almost always follow an inverted yield curve, which would peg the US for a recession around 2023-2024. The yield curve is a very strong warning sign that this business cycle is about to end.

At least Turkey is fighting to course correct. Biden just keeps sending out Brian Deese like a whipped dog to push a dead bill that would spend $1.8 trillion more to worsen inflation.

Profits rose 20% for the S&P 500 in the 4th quarter. Go figure.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

The final nail is in the coffin - its DDD now. Dead Dead Dead.

Yes, obviously the problem was bailing out the little guy so he could eat without having to work 3 minimum wage jobs, instead of juicing the markets for years with easy money so billionaires could become trillionaires. American companies are doing great. Labor prices go up 3%, product prices go up 20%, profit profit profit.

What little guy? The BBB doesn't effect 65% of the American population. Literally not qualified to access any of the programs that would enable him/her to 'eat without having to work'.

So you can see why the majority cares less than nil about these dead bills.

BBB never passed. Are you arguing that a failed bill caused runaway inflation?

See the problem progressives are having with that arguement - the Child Tax Credit DID pass. In a six-month temporary program so we could see the effect. And unfortunately for them not only did it happen to be the most expensive portion of the BBB legislation, it also occurred or encouraged (either way it looks bad) during the highest peaks of inflation this country has seen in 40 years. You can literally track the start of the CTC payments in July 2021 to the rampant inflation rise all the way through December 2021.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

The final nail is in the coffin - its DDD now. Dead Dead Dead.

Yes, obviously the problem was bailing out the little guy so he could eat without having to work 3 minimum wage jobs, instead of juicing the markets for years with easy money so billionaires could become trillionaires. American companies are doing great. Labor prices go up 3%, product prices go up 20%, profit profit profit.

What little guy? The BBB doesn't effect 65% of the American population. Literally not qualified to access any of the programs that would enable him/her to 'eat without having to work'.

So you can see why the majority cares less than nil about these dead bills.

BBB never passed. Are you arguing that a failed bill caused runaway inflation?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

The final nail is in the coffin - its DDD now. Dead Dead Dead.

Yes, obviously the problem was bailing out the little guy so he could eat without having to work 3 minimum wage jobs, instead of juicing the markets for years with easy money so billionaires could become trillionaires. American companies are doing great. Labor prices go up 3%, product prices go up 20%, profit profit profit.

What little guy? The BBB doesn't effect 65% of the American population. Literally not qualified to access any of the programs that would enable him/her to 'eat without having to work'.

So you can see why the majority cares less than nil about these dead bills.

Anonymous wrote:

Anonymous wrote:The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

The final nail is in the coffin - its DDD now. Dead Dead Dead.

Yes, obviously the problem was bailing out the little guy so he could eat without having to work 3 minimum wage jobs, instead of juicing the markets for years with easy money so billionaires could become trillionaires. American companies are doing great. Labor prices go up 3%, product prices go up 20%, profit profit profit.

Anonymous wrote:The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

The final nail is in the coffin - its DDD now. Dead Dead Dead.

The economy is doomed. Biden is literally turning into Jimmy Carter 2. Markets are tanking. Holy cow.

Please take note liberals and progressives. See how not so easy it is to inject so much cash, debt, and government spending without having massive consequences? Good luck with your insane social spending ideas. BBB? More like Build Back Worse...

As a DC resident I get what she's saying. As an American who knows there are people who live 45-minutes one-way from the nearest grocery store - let alone a kickboxing/pilates/yoga class...I just have to laugh at how out of touch this administration is.

Another day, another bad report for the economy. This one is the Emprire Fed Manufacturing Rate, which dropped last month into contraction in January

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I pointed out we needed more truck drivers all the way back in August. It’s a field where the truckers are making $100K a year with serious hours. Glad the administration is finally taking it seriously. Nothing like a new year to get butts in gear

Why doesn't Biden offer a path to citizenship for certain truck drivers. Perhaps some immigration documents already reflect who has truck driving experience.

America can train its own truck drivers. Believe it or not but these are actually pretty highly paid jobs in much of America.

Up until last month America was focused on paying truck drivers $300/pm per kid to sit at home on their butts. So yeah - I say let the Mexicans have the jobs. At least they’re willing to work.

I bet you thought the labor shortage would end when enhanced UI was ended.

$600-$900 a month would've still gone to a truck driver had s/he been working. Under this means testing people seem to be infatuated with, it'd only go to those who don't work.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I pointed out we needed more truck drivers all the way back in August. It’s a field where the truckers are making $100K a year with serious hours. Glad the administration is finally taking it seriously. Nothing like a new year to get butts in gear

Why doesn't Biden offer a path to citizenship for certain truck drivers. Perhaps some immigration documents already reflect who has truck driving experience.

America can train its own truck drivers. Believe it or not but these are actually pretty highly paid jobs in much of America.

Up until last month America was focused on paying truck drivers $300/pm per kid to sit at home on their butts. So yeah - I say let the Mexicans have the jobs. At least they’re willing to work.