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Inflation and a recession are now here :(

More signs that Sanctions on Russia are starting to bite….


I have also seen where supposedly 98% of Chinese banks have begun refusing direct payment on notes from Russia under threat if sanctions from the US.
 
Has Biden addressed this?

Reminds me of FRED data chart depicting when Biden decided to add savings accounts to the M1 money supply.

Funny, I don’t mean to be rude to Aston or gmoney or whoever else was fooled into supporting the party of the KKK, but how did you feel yesterday after having defended Coup-mala’s ad hoc “price gauging” policy now that yesterday WAPO called it a “gimmick” & and a Democrat panelist on CNN was ranting how he “hates socialism?”

Lmao these 2 things are supposed to never happen WAPO doesn’t attack Coupmala for bad policy & CNN doesn’t outright denounce socialism!

lmao Coupmala is so bad SO DUMB SO DENSE SUCH A FLOOZY AIRHEAD that she got them to do both! HAHAHAHAAahahhahaa
 
So, this thread began in May 2021…. 3 years later and it seems somewhat like the inflation monster has been tamed…. There are certainly many hurdles in front of us, but for the time being, the treasury has effectively pumped the brakes on the US economy. I’m now willing to say that the lagged effects from Covid and the geo-economic effects of the Russian incursion into Ukraine have been brought into market balance.

“Transitory” is a subjective term I suppose.
You think it’s been tamed? By who?
 
More signs that Sanctions on Russia are starting to bite….


I have also seen where supposedly 98% of Chinese banks have begun refusing direct payment on notes from Russia under threat if sanctions from the US.
And you believed this?
 
Powell just stated the Fed will begin cutting rates. This coming after the government reduced the number of jobs created by almost 1M. Indicating the labor market has been weaker than reported for a significant period of time. I’m not sure of the process involved in coming up with our monthly labor reports but I know it needs to improve.

Markets are up on the news and bond yields are down. All good news.
 
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Powell just stated the Fed will begin cutting rates. This coming after the government reduced the number of jobs created by almost 1M. Indicating the labor market has been weaker than reported for a significant period of time. I’m not sure of the process involved in coming up with our monthly labor reports but I know it needs to improve.

Markets are up on the news and bond yields are down. All good news.
Thanks Obama!?
 
the Gov mandated increase in the minimum wage contributed to inflation, job loss and store closings.

How about a definition outlining the minimum work required to qualify for minimum wage.
 
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Powell just stated the Fed will begin cutting rates. This coming after the government reduced the number of jobs created by almost 1M. Indicating the labor market has been weaker than reported for a significant period of time. I’m not sure of the process involved in coming up with our monthly labor reports but I know it needs to improve.

Markets are up on the news and bond yields are down. All good news.
Hey there’s more reason to celebrate everyday

 
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