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probably no rate cuts until summer
This is the final nail in the Biden coffin. Rather than rate cuts, we should be talking about one more increase. No way things cool off much between now and November.probably no rate cuts until summer
co-sign. prices won't come down and his brain is a tuna fish sandwich. there will be zero interest in re-electing him. opportune time for a dem swap out which would at once galvanize the party and probably create some badly needed optimism and excitementThis is the final nail in the Biden coffin. Rather than rate cuts, we should be talking about one more increase. No way things cool off much between now and November.
I agree. The biggest threat to the economy is inflation. Once we printed all the Covid money it was always going to be the issue. The deficit spending and foreign aid bills aren’t helping either.probably no rate cuts until summer
Lots of time left. This is just the first quarter.This is the final nail in the Biden coffin. Rather than rate cuts, we should be talking about one more increase. No way things cool off much between now and November.
If then.probably no rate cuts until summer
Drake here last night giving away a mil from his Super Bowl winningsIf then.
Looks like Olivia Rodrigo in STL this Spring Break instead of Baha Mar. Sorry Mom.
This blows.
How they calculate housing is pretty wildShelter is still running hot. Rents in particular. People here on the board are always asking why inflation is Biden's fault. That inflation is worldwide. While that is true, and I maintain that Biden is not responsible for a lot of the inflation, shelter is certainly one that an arguments can be made. There are 8-10 million illegal immigrants that now reside in the USA. They need places to live. Rents are under pressure, and this is certainly one of the reasons why.
If then.
Looks like Olivia Rodrigo in STL this Spring Break instead of Baha Mar. Sorry Mom.
This blows.
Has the sky fallen yet?And the market is predictably tanking.
Kind of dramatic.And the market is predictably tanking.
Damn. Looks like I'm going to be down 1%.Kind of dramatic.
It's backed off the all-time high, set yesterday, to where it was a week ago, which was then near an all-time high.
I just opened my Schwab account and immediately went outside to jump. Thankfully my porch is only 8" off the ground, but the thought was still there.Has the sky fallen yet?
Unless prices move or wages skyrocket, which does nothing for the self employed fixed income types, Biden with a fried brain will have nothing to run on. Zip. His approval will be painfully low as will Harris.
Most reg folks aren’t watching stocks they’re watching bills. Biden is toast. He just piles up bad day after bad day.Damn. Looks like I'm going to be down 1%.
Yeah...every Spring Break since 2020. Actually bailed on Wed that year when all the Covid stuff was going down. Place was at 15% occupancy before we left...had a kingpin Suite because no one was there.Have you been to Baha Mar? Was looking at that a couple weeks ago. Looks pretty sweet.
10 months is awfully early to believe any election is in the bag.Most reg folks aren’t watching stocks they’re watching bills. Biden is toast. He just piles up bad day after bad day.
1% isn't tankingAnd the market is predictably tanking.
Early look at sentiment of sorts. And remember this is against a guy with four crim actions pending. Prices are sky high. Wages catching inflation rate doesn’t fill the gap. Couple the foregoing with Biden barely able to speak and I think it’s fair to say he’s toast. He’s not getting better in a year.10 months is awfully early to believe any election is in the bag.
CNBC says that year-to-year, wages are up in real dollars 1.4%. If that continues....
That dynamic has reversed: Workers’ hourly pay has exceeded the rate of inflation since May. In other words, their wages can buy more. Real average hourly earnings rose by 1.4% between January 2023 and January 2024, the Labor Department said Tuesday.And from that article:
Consumer sentiment jumped 13% in January to its highest level since July 2021, which reflects “improvements in the outlook for both inflation and personal incomes,” according to the University of Michigan.Anything can, and will, happen between now and November. That consumer sentiment was for Jan, Feb 16 will see the next release. If it is still up?
I wouldn't bet my life on Biden, or Trump, today. I wouldn't even bet real money today. It would be like watching a weatherman today predict the weather for election day. No weatherman with half a brain is going to tell you it will be sunny and 45 in St Louis in November in toight's forecast.
It’s a great point. You will also see similar issues with healthcare, education, and etc. Illegals drive down the cost in lower paying jobs, but increase the costs for some goods/services. You can’t magically make doctors and teachers (easier than doctors) to meet the increased demand in those areas. It takes time to fill the void.Shelter is still running hot. Rents in particular. People here on the board are always asking why inflation is Biden's fault. That inflation is worldwide. While that is true, and I maintain that Biden is not responsible for a lot of the inflation, shelter is certainly one that an arguments can be made. There are 8-10 million illegal immigrants that now reside in the USA. They need places to live. Rents are under pressure, and this is certainly one of the reasons why.
OopsMost reg folks aren’t watching stocks they’re watching bills. Biden is toast. He just piles up bad day after bad day.
What's the "oops"?Oops
Just give everyone a couple million dollars and be done with it.
It’s a good example of the Democratic Party’s understanding of economics.
If you form an LLC and pay the filing fee with the sect of state you instantly can afford any min wage. Just up to the gov to set itIt’s a good example of the Democratic Party’s understanding of economics.
ONLY DOWNSIDE...prepare to drop $20k between everything if you go
Just give everyone a couple million dollars and be done with it.
No one. Ever. HahaWhoever thought ECNL travel would actually SAVE you money?
No one. Ever. Haha
My time with ECNL has passed however still have a couple friends whose daughters are in it. The Dallas one weekend, Philly the next shit is for the birds.
NOLA Mardi Gras last weekend.
Memphis ODP this weekend.
Cincy next weekend for a tourney.
Dog sitter is killing it. 😄
I agree- if Biden approval rating remains in sub arctic levels, I think he will claim a medical diagnosis and let DNC swap him out. The issue is how to do so while sidelining Kamela and not irritating females and folks of color.co-sign. prices won't come down and his brain is a tuna fish sandwich. there will be zero interest in re-electing him. opportune time for a dem swap out which would at once galvanize the party and probably create some badly needed optimism and excitement
For sure. The usual looney left on here race to his defense but anyone with eyes and a modicum of objectivity can see he’s struggling immensely. This is an opportunity to do something that benefits all of us. To do so the left has to disavow itself of identity politics first. Whether they’re capable I don’t know.I agree- if Biden approval rating remains in sub arctic levels, I think he will claim a medical diagnosis and let DNC swap him out. The issue is how to do so while sidelining Kamela and not irritating females and folks of color.
It’s amazing how many dumbasses still give Trump credit for lower gas prices, even though for a year no one drove anywhere and prices fell to beyond low prices.