CPI at 2.7%, core at 2.6%

1,450 Views | 9 Replies | Last: 2 days ago by CrackerJackAg
Logos Stick
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That is flat YoY vis a vis November YoY. I don't expect the Fed to lower rates this month. Next meeting is Jan 27th.

SP 500 will top 7000 today.

https://www.bls.gov/news.release/cpi.nr0.htm
flown-the-coop
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AG
The new head of BLS is much better with the numbers, thats for sure.

And interesting for 2 hours there have been no replies. Unless I missed the main thread.
CrackerJackAg
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flown-the-coop said:

The new head of BLS is much better with the numbers, thats for sure.

And interesting for 2 hours there have been no replies. Unless I missed the main thread.


CPI Mizuno a political tool. Everyone uses it.

It means literally nothing.

Steak has gone from $9/pound to $25

No problem, substitutionary rules say that since ground beef is a substitute and it is still $9 then there is no inflation.

Your new car costs $3000 more than last years models. It has all these new features. Those are valued at $3500. The cost of a car actually went down. Inflation is falling!!

Inflation is closer to 10%. We all know it.

That's ok with me. There is a debt aspect to this. Stay in physical or speculative assets during this phase and hope for the best. Stock market makes you feel like a winner despite knowing inflation is part of it.

My core the last two years. Percentages are way higher in reality but when you buy back in after trades it kills your numbers on this basic home page. INTC & TSLA are in the 500% plus range.

INTC has been gloriously and trackably volatile. Loaded up multiple times in the $17 range.

2/3 off my TESLA was purchased Sub $150.

Liberals have also made this gloriously volatile.

NVDA I recently entirely dumped for big gains. Just have a toe hold right now.

Same with Apple. You think they have gotten so much more incredible the last couple years? Nope! Good place to park money to fend off inflation.

Point being don't trust any of the government **** and use your own eyes and data.

flown-the-coop
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CrackerJackAg said:


NVDA I recently entirely dumped for big gains. Just have a toe hold right now.


Took a fair chunk of mine that was bought in 2020/2021 and donated to charity. Winner winner tax planning dinner.

But my earlier comment was in jest about Trump firing the previous BLS lady and the fact that what would have been a several page thread about Trump fudging the numbers and why this good news is actually bad news is sidelined by Trump balldragging on the global stage.

Need more winning. This isn't enough!
CrackerJackAg
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flown-the-coop said:

CrackerJackAg said:


NVDA I recently entirely dumped for big gains. Just have a toe hold right now.


Took a fair chunk of mine that was bought in 2020/2021 and donated to charity. Winner winner tax planning dinner.

But my earlier comment was in jest about Trump firing the previous BLS lady and the fact that what would have been a several page thread about Trump fudging the numbers and why this good news is actually bad news is sidelined by Trump balldragging on the global stage.

Need more winning. This isn't enough!


I don't know. April was awesome.

Need more though
StandUpforAmerica
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ts5641
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StandUpforAmerica said:



You don't hate the MSM enough.
Logos Stick
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PPI and PPI core YoY both rose, 3.0 (2.8 in Oct) and 3.5 (3.4 in Oct).

BTKAG97
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CrackerJackAg said:

flown-the-coop said:

The new head of BLS is much better with the numbers, thats for sure.

And interesting for 2 hours there have been no replies. Unless I missed the main thread.


Stay in physical or speculative assets during this phase and hope for the best.

A "phase" would suggest a change in procedure. Don't expect that to happen. Inflation greater than 2% is a necessary evil in order to help "manage" governmental debt. The "debt doesn't matter" crowd should have been hanged as soon as those words came out of their mouths.
CrackerJackAg
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BTKAG97 said:

CrackerJackAg said:

flown-the-coop said:

The new head of BLS is much better with the numbers, thats for sure.

And interesting for 2 hours there have been no replies. Unless I missed the main thread.


Stay in physical or speculative assets during this phase and hope for the best.

A "phase" would suggest a change in procedure. Don't expect that to happen. Inflation greater than 2% is a necessary evil in order to help "manage" governmental debt. The "debt doesn't matter" crowd should have been hanged as soon as those words came out of their mouths.


Right, I think the overall factors you're discussing are in a probable permanent state, but how you react to them, how politicians are reacting to them are all of the things that you have to respond to.

By phase I also mean that things could get significantly worse and you'll have to adjust what you're doing then too.
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