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Inflation and Shortage Observations

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😂😂🤣

 

How's Kz & the Chicken littles doing in here?

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22 hours ago, JohnSnowsHair said:

 

 

I'll take that little Fer down to the lumber yard and let him explain it to them.

On 9/29/2022 at 12:35 AM, lynched1 said:

I'll take that little Fer down to the lumber yard and let him explain it to them.

Yes, because your local lumber yard sets the prices nationally. 🤔

9 minutes ago, Tnt4philly said:

Yes, because your local lumber yard sets the prices nationally. 🤔

I'm having a rather large deck built....prices are way way down.

On 9/28/2022 at 12:36 PM, vikas83 said:

 

Wtf is boxed pork?

The hurricane isn’t going to help lumber prices. 

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Well guys, he freaking did it. The man just knows how to win.

 

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Dead cat bounce?

Market manipulation to suppress Q3 performance and open Q4 with a bang?

3 hours ago, JohnSnowsHair said:

Dead cat bounce?

Market manipulation to suppress Q3 performance and open Q4 with a bang?

Many thinking that the September decline was capitulation along with leading inflation indicators now showing declines.  Will depend on earnings in the coming weeks, CPI and labor numbers but we may very well have already seen the bottom.  

Wonder if this is the beginning of supply chains moving from China to India 

 

Apple asks suppliers to shift some AirPods, Beats production to India - Nikkei

Oct 5 (Reuters) - Apple Inc (AAPL.O) is asking its suppliers to move some AirPods and Beats headphone production to India for the first time, Nikkei reported on Wednesday, in what could be an another win for New Delhi in its push for local manufacturing.

Apple iPhone assembler Foxconn (2317.TW) is preparing to make Beats headphones in India and hopes to eventually produce AirPods in the country as well, the report said, citing sources.

https://www.reuters.com/technology/apple-asks-suppliers-shift-some-airpods-beats-production-india-nikkei-2022-10-05/

22 hours ago, JohnSnowsHair said:

Dead cat bounce?

Market manipulation to suppress Q3 performance and open Q4 with a bang?

October have usually show to be positive months but could just be the bounce before the real bottom. 

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11 minutes ago, EaglesRocker97 said:

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I wouldn't worry about it.  I think we're looking at a Braves repeat.

8 minutes ago, VanHammersly said:

I wouldn't worry about it.  I think we're looking at a Braves repeat.

 

You'd like that, wouldn't you, Mr. Carolina?

27 minutes ago, EaglesRocker97 said:

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we're probably pretty safe then.

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Saw this graph on some tweet which I now can’t find. The trend line going back to the 1970’s has us at $200 Trillion in debt by the end of the decade. That’s not including unfunded liabilities…

Exponential growth of debt is a hell of a drug.

Does that account for everything the fed is holding?

12 hours ago, ToastJenkins said:

Does that account for everything the fed is holding?

This is the on balance sheet debt of the federal government — basically the official national debt. It does not include entitlements.

The Fed holds ~$5.6 trillion of the total ~$30 trillion in federal debt.

CPI number came in hot again today and that's with gasoline falling in Sept.  Now fuel costs are on the rise again and may break through previous highs by year end. 

Buckle up. 

53 minutes ago, The Norseman said:

CPI number came in hot again today and that's with gasoline falling in Sept.  Now fuel costs are on the rise again and may break through previous highs by year end. 

Buckle up. 

Sucks.  But regarding fuel breaking through previous highs….doubtful.

16 minutes ago, Bacarty2 said:

cant wait to see the faces and comments when people start filling up there oil/propane heaters in the next couple weeks

$11/gal, here we come!

 

 

Not surprisingly, rising inflation has now increased the Cost of Living Adjustment within Social Security by 8.7% (largest hike since 1981)...thus advancing the program's anticipated insolvency to 2034.  On top of that, rising interest rates will raise the federal government's borrowing cost and make it significantly more expensive for the government to make payments on the immense debt load already associated to Social Security. 

https://www.wsj.com/articles/social-security-cola-increase-what-it-means-for-your-benefits-11665573391

What a mess

4 hours ago, The Norseman said:

CPI number came in hot again today and that's with gasoline falling in Sept.  Now fuel costs are on the rise again and may break through previous highs by year end. 

Buckle up. 

All is well. All is fine!

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