May 9, 20223 yr 9 minutes ago, gmr548 said: Many families of 4+ survive in 1800 sq ft. God damn that post was out of touch
May 9, 20223 yr 4 hours ago, Js1 said: Many families of 4+ survive in 1800 sq ft. God damn that post was out of touch Not nearly as out of touch as your sarc meter. CHIEF
May 10, 20223 yr 6 hours ago, Js1 said: Many families of 4+ survive in 1800 sq ft. God damn that post was out of touch You thought it was serious? nvn @CHIEF beat me. Edited May 10, 20223 yr by fattyflattie
May 10, 20223 yr Spoiler Federal Reserve Bank of Minneapolis President Neel Kashkari published an essay Friday in which he admitted an uncomfortable truth. He wrote that if the supply-chain disruptions don't resolve soon, the U.S. Federal Reserve may be forced to spur a recession. Kashkari pointed to the war in Ukraine and lockdowns in China's related to Covid-19 as reasons why supply chains haven't returned to normal as quickly as many expected. And if factories, shipping lines and commodity producers don't start operating more smoothly in the near future, "then we will likely have to push long-term real rates to a contractionary stance to bring supply and demand into balance," he added. In other words, such an outcome would force the Fed to raise its target for the federal funds rate, currently a range of 0.75% to 1%, well above the 3% that is priced into the futures market by February 2023. Although the thoughts come from a Fed official who doesn’t vote on monetary policy this year, they are still alarming and should be taken seriously. For one, they underscore the limits of the central bank’s ability to control key drivers of inflation right now, including a war that has upended oil supplies, causes prices for crude and energy overall to spike higher, and lockdowns in China that are preventing goods from getting to such companies as Adidas AGand Under Armour Inc., causing them to lower their earnings forecasts.
May 10, 20223 yr ^^^How does the intentional/deliberate collapse of equities and assets plus lost access to capital (and corresponding mass unemployment) do dick to resolve “excess demand” for inelastic necessities (food, energy, shelter)…in midst of crisis level supply disruptions?Does starvation/malnourishment now qualify as demand tapering?Will they pat themselves on the back for “bringing things into balance” if enough infants die from lack of formula?
May 10, 20223 yr 10 hours ago, Muny_Tex said: ^^^How does the intentional/deliberate collapse of equities and assets plus lost access to capital (and corresponding mass unemployment) do dick to resolve “excess demand” for inelastic necessities (food, energy, shelter)…in midst of crisis level supply disruptions? Does starvation/malnourishment now qualify as demand tapering? Will they pat themselves on the back for “bringing things into balance” if enough infants die from lack of formula? You can’t demand as much food to eat if there’s not much to eat. Edited May 10, 20223 yr by Trey3216
May 10, 20223 yr Fed observations/ciphering: QE 4 ended March 2022 ($6 trillion total in MBS and treasury purchases). QT (quantitative tightening via liquidity drain) begins June 2022 ($47.5 billion per month) for 3 months then $95 billion per month starting September 2022 and ongoing. QE 5 remains a Fed option should conditions warrant. Good luck.
May 10, 20223 yr 15 hours ago, fattyflattie said: You thought it was serious? nvn @CHIEF beat me. Well, this is the inflation thread. 1,800 ft in 1990 equals 3,700 ft now. I think the inch was 30% smaller in 1990 as well.
May 10, 20223 yr 9 minutes ago, Cheeseweasel said: So on a scale between Porn Star Step Mom and South Austin's mom, how fucked are we? Somewhere between your sister and Vladimir Putin.
May 10, 20223 yr 2 minutes ago, Parliament said: Somewhere between your sister and Vladimir Putin. I don't have a sister. Can I borrow yours?
May 10, 20223 yr 3 hours ago, washparkhorn said: Fed observations/ciphering: QE 4 ended March 2022 ($6 trillion total in MBS and treasury purchases). QT (quantitative tightening via liquidity drain) begins June 2022 ($47.5 billion per month) for 3 months then $95 billion per month starting September 2022 and ongoing. QE 5 remains a Fed option should conditions warrant. Good luck. I love that chick from Tangled. She's the best Disney princess/that's the best Disney princess movie ever.
May 10, 20223 yr 28 minutes ago, Wulaw Horn said: I love that chick from Tangled. She's the best Disney princess/that's the best Disney princess movie ever. Wrong (now)
May 10, 20223 yr The underlings who work under Lee Cooperman are my heroes. For those watching CNBC the last 10 minutes you know what I’m talking about. Cooperman ought to have a designated segment every day because he’s a) smart, and b) a workaholic train wreck that makes for entertaining TV and surely has a young contingent of traders clearly fucking with him. Also required should be that little bitch Andrew Ross Sorkin going at it with Kernan or Santelli sniveling about some SJW horse shit.
May 10, 20223 yr I saw that segment with Cooperman. Fucking hilarious. Cherry on top was Copperman picking up the phone and shouting,” I’m on the goddamn television..” as they signed him off
May 11, 20223 yr 2 hours ago, Incredulity said: I saw that segment with Cooperman. Fucking hilarious. Cherry on top was Copperman picking up the phone and shouting,” I’m on the goddamn television..” as they signed him off Yeah heard that. At that point I’d called some people into my office in utter disbelief Cooperman didn’t shut his phone or instant messenger off. When he yelled that we were absolutely dying laughing.
May 11, 20223 yr 3 hours ago, Porterhouse said: Yeah heard that. At that point I’d called some people into my office in utter disbelief Cooperman didn’t shut his phone or instant messenger off. When he yelled that we were absolutely dying laughing. I’m gonna have to find that. The best thing that ever happened on that network, to this day, was Icahn vs Ackman… or Cramer’s epic “They’re nuts!!! They’re nuts!!! They know nothing!!!” rant about the FED in ‘08
May 11, 20223 yr 7 minutes ago, Parliament said: So more "brrrrrt" or nah? brrrrrt gone man. Now we eat birds.
May 11, 20223 yr 3 minutes ago, Cheeseweasel said: brrrrrt gone man. Now we eat birds. That was yesterday.
May 11, 20223 yr 36 minutes ago, Incredulity said: Inflation 8.3% in April It's just this war and that lying son of a bitch Putin!
May 11, 20223 yr 4 minutes ago, StruggleBus said: It's just this war and that lying son of a bitch Putin!
May 11, 20223 yr 2 hours ago, Laxtonto said: +0.2% over estimate… "Stop being opportunistic pessimists, it's becoming mostly peaceful inflation." Edited May 11, 20223 yr by clapclapclap I don't agree with his RE take, but that preceding tweet gets stuck to the primary one, because of twitter whatever
May 11, 20223 yr 26 minutes ago, clapclapclap said: "Stop being opportunistic pessimists, it's becoming mostly peaceful inflation." So David Burge doesn’t understand supply and demand.
May 11, 20223 yr 12 minutes ago, Wulaw Horn said: So David Burge doesn’t understand supply and demand. He should work in Washington. He'd be among friends.
May 11, 20223 yr 16 minutes ago, Wulaw Horn said: So David Burge doesn’t understand supply and demand. Says the guy who STILL doesn't understand no-hitter jinxing.
May 11, 20223 yr 41 minutes ago, clapclapclap said: Says the guy who STILL doesn't understand no-hitter jinxing. You never talk about it.
May 11, 20223 yr 40 minutes ago, clapclapclap said: Says the guy who STILL doesn't understand no-hitter jinxing. It’s only a jinx if you say no hitter. It’s not a jinx if you say “something interesting is going on out there blah blah blah” and mention it obliquely. the no hitter was broken up by someone on clutch fans saying JV has a no no going and then counting outs.
May 11, 20223 yr Expected "respite" hit as prices in April kind of farted to near break-even. But as said, a little worse than predicted (always "surprisingly" isn't it? LoFkingL). So the hammer peen was less pointy in April but still hit hard. Upward pressures though have seemed to increase dramatically this month, so my guess is a larger climb next month. In any event, it ain't goin' nowhere better (downward) for most of the rest of the year. Gas esp. diesel (hoo-boy) prices out front shoulda told ya. They can chainlink-trigger a lot of CPI hikes, and probably are, this month.
May 12, 20223 yr Wasn’t sure where else to put this thread but it goes into debt and upcoming maturities. $9T is a massive number to rollover.
May 12, 20223 yr 10 hours ago, Immaculate Vibes said: $9T is a massive number to rollover. So spending like drunken sailors is not a good thing? Who knew.
May 12, 20223 yr 2 hours ago, Cheeseweasel said: So spending like drunken sailors is not a good thing? Who knew. It goes from good to great when you decide to slash tax revenue at the same time.
May 12, 20223 yr On 5/11/2022 at 10:07 AM, Wulaw Horn said: So David Burge doesn’t understand supply and demand. He’s an idiot that also looks like a penis.
May 12, 20223 yr 14 hours ago, Immaculate Vibes said: Wasn’t sure where else to put this thread but it goes into debt and upcoming maturities. $9T is a massive number to rollover.
May 12, 20223 yr 1 hour ago, Blotto said: It goes from good to great when you decide to slash tax revenue at the same time. Total federal tax revenues were $3.32 trillion in 2017, $3.33 trillion in 2018, $3.46 trillion in 2019, $3.42 trillion in 2020, and $4.05 trillion in 2021. So says top result on the googler. I'm going to assume that's not fake news, but who the hell knows. If you mean tax rate you should say tax rate.
May 12, 20223 yr April Core inflation (ex food and energy) rose higher than expected 6.2% yoy suggesting inflation is becoming increasingly embedded.Sent from my iPhone using Tapatalk
May 12, 20223 yr 1 hour ago, TxTower said: April PPI (wholesale inflation) up 11% yoy Sent from my iPhone using Tapatalk Your money is worth less and you’ll have less of it.
May 12, 20223 yr 7 minutes ago, StruggleBus said: Your money is worth less and you’ll have less of it.
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