I have three index funds that my other kids have, so I'll buy the same for the next one.
I hear that Victoria Gold is cheap right now.
I hear that Victoria Gold is cheap right now.
There are ups and downs, but in the long run the trend is always upwards.Futures up bigingly hugely right now.
Watch the short sellers deflate the market after the open.
Obviously as the inflation is going down.Fed hinting at rate cuts. 😞
The fed said on Dec 13, 2023 that they are projecting three cuts in 2024 (number of cuts, amount of cuts, and timing of cuts would vary with additional data of course). This recent hint of cuts shouldn't come as any surprise to anyone. The early 2024 data was all too strong for early 2024 cuts or to go with more than three cuts. So, of course the likely outcome would be up to three cuts back loaded at the end of 2024.Fed hinting at rate cuts. 😞
I forgot about the fed meeting today.Fed hinting at rate cuts. 😞
So that we can trigger a big recession, have unemployment spike, and wages become depressed? I'm sure that will ease the suffering.We need higher rates, the high inflation from previous years doesn't just disappear. We're still suffering from it now.
So that we can trigger a big recession, have unemployment spike, and wages become depressed? I'm sure that will ease the suffering.
Inflation is already down, so why do we need more steps to reduce it? In the US, most people's wages have kept up or exceeded inflation, particularly at the bottom of the economic ladder. If you're feeling squeezed because your wages aren't keeping up, perhaps you need to go out and get your bag in the form of another job.If steps were taken to reduce inflation or even create deflation, it which in turn would cause costs of everything were to go down why would it cause unemployment? If anything it could reduce unemployment as companies would perhaps slow down on layoffs and cut backs and people would also have more money to spend so the economy would get a boost.
Of course not. We are in an election year so the party out of power will talk down the economy at every opportunity. Sometimes, 2000 for example, the politically motivated yammering triggers an actual recession by reducing consumer confidence.Will there be a recession? Are we in a recession? Is there a recession? What is recession? Who is recession?
I have so many questions.
Have you studied any economics at all? Virtually all incidences of deflation come with large amounts of unemployment. This has happened repeatedly throughout history in many countries.If steps were taken to reduce inflation or even create deflation, it which in turn would cause costs of everything were to go down why would it cause unemployment? If anything it could reduce unemployment as companies would perhaps slow down on layoffs and cut backs and people would also have more money to spend so the economy would get a boost.
US jobless claims accelerating quickly. Shows weakness in the economy. Market did a 180 on the news. VIX jumped 11% in just one hour.Of course not. We are in an election year so the party out of power will talk down the economy at every opportunity. Sometimes, 2000 for example, the politically motivated yammering triggers an actual recession by reducing consumer confidence.
GDP is still up, unemployment is still at historic lows, job growth has continued.US jobless claims accelerating quickly. Shows weakness in the economy. Market did a 180 on the news. VIX jumped 11% in just one hour.