JP knows what to do to stop inflation, they just won't do it. And you know that requires substantial rate hikes.
*Investors Blog*
- Thread starter Warstud
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JP knows what to do to stop inflation, they just won't do it. And you know that requires substantial rate hikes.
1) Election year
2) They stopped calling it stagflation awhile back, but certain aspects of the economy are not going nuts
3) The rate cuts are really about expectations - but the bond market is always one step ahead
4) We need to answer the question. How does jacking rates stop food inflation?
It's Sell Time
Go ahead
$100 of groceries keeps getting smaller, smaller and smaller.
The guy on TV with fancy sunglasses eating steak and lobster while we are eating PBJ sandwiches…..
2) Stagflation is rising prices with high unemployment and stagnant wage growth. Were not in stagflation. Maybe later
3) Treasuries are blowing out because of the JPY. If it keeps falling there is fear they will need to sell treasuries to buy Yen. There the largest holder of treasuries outside the USA. If you own long bonds you should be watching UDS/JPY.
4) It doesn't. It gives the illusion of a solution and something for the talking heads to talk about.
I leave number 1 alone....
I forgot what # 1 was so I had to check my own post. Never forget #1 or you will sit in the wet spot.2) Stagflation is rising prices with high unemployment and stagnant wage growth. Were not in stagflation. Maybe later
3) Treasuries are blowing out because of the JPY. If it keeps falling there is fear they will need to sell treasuries to buy Yen. There the largest holder of treasuries outside the USA. If you own long bonds you should be watching UDS/JPY.
4) It doesn't. It gives the illusion of a solution and something for the talking heads to talk about.
I leave number 1 alone....
2) Yeah like I said, people aren't using the word. And I know on paper there is low unemployment but not everything cooking along that great
3) Yes we will see.
4) I knew it! see #1
Hahahahahha
CME is expecting 1 or 2 cuts this year. If you don't get one in June, I don't see one till after November 5th, and I don't see one in June. But the Fed is never logical.
Unless we get a credit event, then all bets are off.
If I discuss number 1 I will get a time out and be unable to discuss 2 through 4 either.
greater economic freedom
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JPY continues to show weakness? JCB jawboning about it. Will they do anything is the question?
JP said early on the path would be "bumpy" ahead. Now, he laments that no one wanted to belive him. I did BTW. "This" is very likely the bumps he referred to. No competent economist would predict changing economic conditions would move in a straight line. JP says we are still on course for cuts, probably fewer and later, but still coming. Those whose said "six cuts for 2024" months ago were WAY out there.
I hate this stock, love the products.
I took the cash from my sale of GM last week at a nice profit.
Bought Apple today @
I dont know why I did it, hope I dont regret it. Just a play on a beaten down languishing over sized tech stock but once those magic words of AI came out ... well, we will see... hope I dont regret it. Hoping for short term, not long, just didnt want money sitting on the side. I have had Apple symbol on my smart phone for years now, never bought it. My gut says they have real issues but the P/E reflects that for a tech stock.
Figure it will give time for GM to maybe continue to get smacked down again, as they do so well, then maybe trade the APPL back to GM soon or never who knows.
Idiot? Yes__ or No ___
(I wish I jsut let the cash sit on the side for now, unless it goes up from here *LOL*)
I took the cash from my sale of GM last week at a nice profit.
Bought Apple today @
I dont know why I did it, hope I dont regret it. Just a play on a beaten down languishing over sized tech stock but once those magic words of AI came out ... well, we will see... hope I dont regret it. Hoping for short term, not long, just didnt want money sitting on the side. I have had Apple symbol on my smart phone for years now, never bought it. My gut says they have real issues but the P/E reflects that for a tech stock.
Figure it will give time for GM to maybe continue to get smacked down again, as they do so well, then maybe trade the APPL back to GM soon or never who knows.
Idiot? Yes__ or No ___
(I wish I jsut let the cash sit on the side for now, unless it goes up from here *LOL*)
I sold my Berkshire Hathaway yesterday and rolled the proceeds into Apple stock. Apple is down from its highs, but seems to be on the rebound. I started thinking about Apple products and their buyers. I have no particular love for their stuff, but a lot of people do. And I started thinking about those people. They can't afford a nice house. They can't afford a nice car. But they can afford a nice phone. So instead of buying a new car every two years, they buy a new phone. Likely an Apple.
They did their best to parrot rate cuts and drive up these markets.
I hated that crap but benefited from the hype.
I wonder how many of those who convinced themselves that there will be no rate cuts at all are shorting the market. They should go big with a 3X bear fund.
