December 1, 20223 yr On 11/23/2022 at 8:20 AM, Mlodj said: The largest generation America has ever seen, aka the baby boomers, is in the process of retiring. In addition to all of those jobs that are now empty they are taking all of their capital and using it to live rather than making it available for investing. At the same time the millennials are hitting their prime spending years. All of that means rising interest rates and big worker shortages, especially in the trades. None of that will change for years. The shift of boomers from investing to divesting is a pretty big deal. They have a LOT of wealth. It’s going to be a headwind for markets for a long time. End game is monetization, of course.
December 1, 20223 yr 12 hours ago, VanHammersly said: It's in the $2.90 range most places here. Doesn't help Walker and Kemp's runaway inflation case. Still over 4 here.... It said on the news that PA's gas prices keep dropping but, I'm not sure where exactly
December 1, 20223 yr 11 hours ago, lynched1 said: Not a recession... No surprises there: We're becoming solely a service and information-based economy. Things have been trending this way for decades. Nevertheless, the net gains in manufacturing jobs made under Biden have been remarkable.
December 1, 20223 yr 11 hours ago, lynched1 said: Not a recession... It's still a hot labor market, just not as tight as it was a few months ago. Another big takeaway is that wages are still 7.6% over the same time last year. There are still 2 job openings for every applicant, which is an improvement over the hyperactive ratio we saw earlier but still indicative of upward pressure on wages - which will encourage the Fed to be more aggressive on rate hikes. Better but perhaps not good enough to slow the Fed's inflation busting moves IOW.
December 1, 20223 yr Anybody else noticing the weir shortage of cream products in the PA area? Half n Half, light cream, heavy cream, - some days can't find them anywhere in the area.
December 1, 20223 yr 4 minutes ago, Toastrel said: Anybody else noticing the weir shortage of cream products in the PA area? Half n Half, light cream, heavy cream, - some days can't find them anywhere in the area. Thanks Obama. I don't have anything else to offer except we had to use half and half instead of heavy whipping cream for mash on Thanksgiving because they had nothing better. But figure that was more related to Thanksgiving than a general shortage.
December 1, 20223 yr 28 minutes ago, Toastrel said: Anybody else noticing the weir shortage of cream products in the PA area? Half n Half, light cream, heavy cream, - some days can't find them anywhere in the area. There is basically one company that supplies the whole country with half and half. They are changing the packaging and putting the same UPC on it across the board to make it simpler instead of every chain getting their own version of it
December 1, 20223 yr 25 minutes ago, Bwestbrook36 said: There is basically one company that supplies the whole country with half and half. That's crapitalism for ya!
December 1, 20223 yr The wife drinks half and half in her coffee, and a neighbor drinks light cream - we've been out hunting for each other, because it just is not around. When I look for substitutes for half and half, there is no cream, light or heavy. Been going on here longer than just thanksgiving Montco area
December 1, 20223 yr 14 minutes ago, Toastrel said: The wife drinks half and half in her coffee, and a neighbor drinks light cream - we've been out hunting for each other, because it just is not around. When I look for substitutes for half and half, there is no cream, light or heavy. Been going on here longer than just thanksgiving Montco area We were short on heavy cream for a bit in the summer, but it only lasted a few weeks. South Jersey.
December 1, 20223 yr 17 minutes ago, Toastrel said: The wife drinks half and half in her coffee, and a neighbor drinks light cream - we've been out hunting for each other, because it just is not around. When I look for substitutes for half and half, there is no cream, light or heavy. Been going on here longer than just thanksgiving Montco area I got some in today cone on up to Shenandoah PA! Lol. Yeah there is no shortage they are just changing sheet up plus Walmart is buying all of it too they have a contract that they get first dibs on all supplies
December 1, 20223 yr 13 hours ago, Bwestbrook36 said: Still over 4 here.... It said on the news that PA's gas prices keep dropping but, I'm not sure where exactly I paid over $4 before Thanksgiving (I think it was $4.05 or so), $3.95 the day after Thanksgiving and $3.73 this morning. Granted, most places I passed were around $3.85-3.95 today.
December 1, 20223 yr 6 minutes ago, Imp81318 said: I paid over $4 before Thanksgiving (I think it was $4.05 or so), $3.95 the day after Thanksgiving and $3.73 this morning. Granted, most places I passed were around $3.85-3.95 today. That's about where mine are. They definitely aren't plummeting around here though lol
December 1, 20223 yr 44 minutes ago, EaglesRocker97 said: That's crapitalism for ya! Or a result of too many regulations that make entry into some markets nearly impossible?
December 1, 20223 yr 4 hours ago, Tnt4philly said: Or a result of too many regulations that make entry into some markets nearly impossible? Doubtful and more likely that privileges and lack of oversight have allowed single entities to accumulate so much wealth and power that small-time operations are essentially shut off from competition.
December 1, 20223 yr 9 hours ago, JohnSnowsHair said: The Biden Economic Miracle keeps rolling on! Whats household debt at again?
December 2, 20223 yr 1 hour ago, ToastJenkins said: Whats household debt at again? too high. one could take that as a sign that people are confident in their ability to pay it off, but that would presuppose rational acting on the part of individuals which is hardly a given. the "economic miracle" is certainly tongue-in-cheek. very little of what Biden has done even in the almost two years now he's been in office is making much of an economic impact. the main trait I support Biden for is that he isn't trying to undermine democracy and overthrow elections. the economy needs to sort itself out, the government pretending to look busy on economic policy has rarely made that much of a difference in the near term.
December 2, 20223 yr 7 hours ago, Toastrel said: Anybody else noticing the weir shortage of cream products in the PA area? Half n Half, light cream, heavy cream, - some days can't find them anywhere in the area. Basic supply and demand — producers don’t have the production capacity currently. Not as bad as in the UK, but supply is tight nationwide.
December 2, 20223 yr 9 hours ago, Toastrel said: The wife drinks half and half in her coffee, and a neighbor drinks light cream - we've been out hunting for each other, because it just is not around. When I look for substitutes for half and half, there is no cream, light or heavy. Been going on here longer than just thanksgiving Montco area In Northern Virginia, it's basically Heavy Cream, Fru Fru half and half and precious little else
December 2, 20223 yr 12 hours ago, JohnSnowsHair said: It's still a hot labor market, just not as tight as it was a few months ago. Stap in. We're going for a ride. Might be a good time to consider splitting the aces.
December 2, 20223 yr 11 hours ago, Toastrel said: The wife drinks half and half in her coffee, and a neighbor drinks light cream - we've been out hunting for each other, because it just is not around. When I look for substitutes for half and half, there is no cream, light or heavy. Been going on here longer than just thanksgiving Montco area https://www.lancasterfarming.com/farming-news/labor-shortages-and-supply-chain-problems-are-we-heading-toward-another-dairy-crisis/article_bcc09bf2-3297-11ec-8287-1fd4f9e31c92.html https://www.mcall.com/entertainment/food-drink/mc-ent-supermarket-shortages-half-and-half-20210914-prksyz6x5femjbk556mmddxy4u-story.html
December 2, 20223 yr 4 hours ago, Tnt4philly said: https://www.lancasterfarming.com/farming-news/labor-shortages-and-supply-chain-problems-are-we-heading-toward-another-dairy-crisis/article_bcc09bf2-3297-11ec-8287-1fd4f9e31c92.html https://www.mcall.com/entertainment/food-drink/mc-ent-supermarket-shortages-half-and-half-20210914-prksyz6x5femjbk556mmddxy4u-story.html Both those articles are over a year old.
December 2, 20223 yr 7 hours ago, lynched1 said: Stap in. We're going for a ride. Might be a good time to consider splitting the aces.
Create an account or sign in to comment