Consumer prices rise at slowest annual pace since February 2021 (1 Viewer)

[Kushinator]

And liberals will ignore that extra couple trillion in deficit spending after what should have been the end of Covid emergency measures

You're going to get the same deficit this year... It's likely to eclipse $2 trillion.

You can't cut spending to that tune without creating an economic downturn.

having anything to do with GDP the last few years.

I get it. You folks wanted a recession and all you got was a soft landing.

 

[Kushinator]

Oil prices are dropping!

AKA OPEC bumping out U S. production.

 

[Kushinator]

You're leaving out the part where consumers were flush with stimulus

Job market was faltering. I'm fact, job growth contracted for December 2020. Trump signed an additional anymore and advocated for more money into hands of consumers.

Why did you fall to mention this reality?

That last round of stimulus even after we were back to full employment and Covid essentially in the back window.

Huh? We didn't get back to full employment until q2 2022.

The world got inflation.

Again, you refuse to acknowledge the 2021 recovery was anyone the fastest on record. Not to mention the envy of the developed world, as post the pandemic recession reality but many nations.

It didn't hit us no matter how much you folks wished.

 

[Gimmesometruth]

AKA OPEC bumping out U S. production.

How does one say "drill baby drill" in Arabic?

 

[Absentglare]

For example... they will cite the current CPI as winning, but will refuse to acknowledge what got us to this level. The economy contacted this quarter.

These people would cheer on deflation. They are either not being serious, or are hilariously out of their dearth.

 

[Kushinator]

These people would cheer on deflation.

The uneducated would revel in the country's pain and just blame... The POTUS.

He does get some serious cult leniency, but when you **** with people's money it always blows up in your face.

They are either not being serious, or are hilariously out of their dearth.

Trolling. We have people in this very thread that did not have the courage to buy into this dip who will proclaim expertise along with a neverending devotion.

 

[George50]

Consumer prices rise at slowest annual pace since February 2021

https://finance.yahoo.com/news/consumer-prices-rise-at-slowest-annual-pace-since-february-2021-185747589.html

View attachment 67569642

Good news for now, but next month will be really interesting.

Year over year inflation is ancient history now. We need to start looking at month to month changes if we want to understand what is going on in the new regime. Last month prices fell 0.1%, in April they were up 0.2% and the Trump surcharges had not even hit yet.

 

[dobieg]

You're going to get the same deficit this year... It's likely to eclipse $2 trillion.

You can't cut spending to that tune without creating an economic downturn.

I get it. You folks wanted a recession and all you got was a soft landing.

No kidding.

Yet when we were arguing GDP was artificially high the last 2 years of Biden' administration goosed by $2 trillion deficit spending many liberals here had the audacity to argue it had little to no effect.

 

[dobieg]

Job market was faltering. I'm fact, job growth contracted for December 2020. Trump signed an additional anymore and advocated for more money into hands of consumers.

Why did you fall to mention this reality?

Huh? We didn't get back to full employment until q2 2022.

The world got inflation.

Again, you refuse to acknowledge the 2021 recovery was anyone the fastest on record. Not to mention the envy of the developed world, as post the pandemic recession reality but many nations.

It didn't hit us no matter how much you folks wished.

Why are you going on tangents not even discussed? It's not that I would disagree with many of your points but you're bringing them out of left field.

And try proof reading before you post. I understand what you're trying to say but to others it might look like gibberish.

 

[dobieg]

The uneducated would revel in the country's pain and just blame... The POTUS.

He does get some serious cult leniency, but when you **** with people's money it always blows up in your face.

Trolling. We have people in this very thread that did not have the courage to buy into this dip who will proclaim expertise along with a neverending devotion.

Are you trying to argue against austerity measures when we're runing deficits over 6% of GDP?

And as far as buying this recent dip I've been practicaly screaming from the hill tops to buy in post after post in the face of repeated pushback from the Left. I think it's quite clear who bought and who didn't.

 

[Kushinator]

Yet when we were arguing GDP was artificially high

3% is artificially high .

Why are you going on tangents not even discussed?

Because you're trying to frame the situation in a way that ignores the reality of a weak and uncertain global economy.

It's not that I would disagree with many of your points but you're bringing them out of left field.

I'm responding to your post.

And try proof reading before you post.

Oh no!

I understand what you're trying to say but to others it might look like gibberish.

The point is blaming Biden for inflation is about a dumb as blaming Trump for COVID.

 

[ncguy]

Are you trying to argue against austerity measures when we're runing deficits over 6% of GDP?

And as far as buying this recent dip I've been practicaly screaming from the hill tops to buy in post after post in the face of repeated pushback from the Left. I think it's quite clear who bought and who didn't.

you know who bought and who did't? you can read minds? hack computer systems? lol.
i think its quite clear that you make this stuff up to fit your biased narrative.

 

[dobieg]

3% is artificially high .

Because you're trying to frame the situation in a way that ignores the reality of a weak and uncertain global economy.

I'm responding to your post.

Oh no!

The point is blaming Biden for inflation is about a dumb as blaming Trump for COVID.

Yes 3% was an 'artificially high number' and if you're going to play this stupid game of taking things out of context it's not worth having any further discussion. If you want to have a grown up discussion I'm game.

 

[dobieg]

you know who bought and who did't? you can read minds? hack computer systems? lol.
i think its quite clear that you make this stuff up to fit your biased narrative.

Uhh, lefties were on here posting how they were liquidating their accounts and moving into cash. Where were you?

And anyone is free to look at my post history in early April to see exactly what I was doing. I even posted screenshots.

 

[JohnRawls]

That in and of itself does not signal a recession.

So, uhh, contraction of gdp is not technically a "recession" is what you are trying to say? Because definition of recession is 2 quarters of contraction?

The whole prediction on increasing prices was due to tariffs but if tarifs are basically scrapped or reduced then the threat of larger prices reduces in itself while recession destroys the growth but it also destroys consumption that increases prices due to supply and demand imbalance in a recession or if you don't like recession then decline. The question is now, are the tariffs anyways too large? Which they probably are not that comfortable.

Also there is the question of 90 days?

 

[multivita-man]

US stock futures fall as investors await key inflation report

U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens.

www.usatoday.com

A lot of people were expecting bad news.

The flip side to this is that there's likely slower economic growth to go with falling inflation, which is typically caused by consumptive activity (demand) outpacing supply.

That said, we're not seeing the doom and gloom associated with Trump's tariff regime -- not yet anyway. That could still change.

 

[multivita-man]

Uhh, lefties were on here posting how they were liquidating their accounts and moving into cash. Where were you?

Cash is still not a bad place to be right now. Equities are going to be uncertain and volatile for the foreseeable future, IMO. I don't think we're done with trade spats.

 

[dobieg]

Cash is still not a bad place to be right now. Equities are going to be uncertain and volatile for the foreseeable future, IMO. I don't think we're done with trade spats.

After this run up you're right. Of course those sitting in cash when the S&P dipped to 4,852 made a big mistake not investing.


I see this constantly from both sides of the isle. People let their emotional political blinders influence their investing decisions.

 

[Kushinator]

Yes 3% was an 'artificially high number'

It's not.

and if you're going to play this stupid game of taking things out of context it's not worth having any further discussion.

It's best you walk away if you can't handle it when I counter your talking points. The Biden stimulus would be called the Trump stimulus had the election swung the other direction (we also wouldn't have MAGA anti-vax nonsense).

If you want to have a grown up discussion I'm game.

Doubtful. You're not willing to defend your statements/positions... so again it's best you walk away.

 

[Logophile]

A recession will do that.

The latest jobs report indicates otherwise

 

[Allan]

The latest jobs report indicates otherwise

Q1 GDP indicates you're half way to an official recession.

Well done

 

[Fletch]

And MAGA was hoping for a deep recession from Jan 20, 2021 through Jan 19, 2025.

So my making this sort of dishonest whataboutism you are saying you are no different from the MAGA you hate. Yes, Ive been saying that about you libs for a long time now. Thanks for backing me up.

 

[Fletch]

Why would you say that?
It is exactly what non Trumpers do not want, bad things happening to people.
Being callous about others suffering, that is a MAGA thing.

Good one.

Treating people like cattle, that's on y'all.

Weird, I dont treat anyone like cattle.

 

[Fletch]

Q1 GDP indicates you're half way to an official recession.

Well done

Not true. According to you libs, back to back quarters of negative growth no longer equals recession. See Q1 and Q2 of 2022

 

[TobyOne]

Bad time for liberals, prices are down including oil, economy is good. border shut down, markets are back up. Tesla stock doing well. All their bogey men are coming to life.