Author Topic: Non-Political Market/Economy/Finance/etc. Thread  (Read 49285 times)

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Offline KITNfury

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #650 on: August 14, 2024, 08:40:43 AM »
Reports of it helping people beat addictions, too.

i mostly consider that a negative, tbh.
You can always watch the wagon roll by, I don't think you're handcuffed to the jockey box.
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Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #651 on: August 23, 2024, 09:08:27 AM »
He’s too confident (cocky?)

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Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #652 on: August 23, 2024, 09:31:59 AM »

Offline Rage Against the McKee

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #653 on: August 23, 2024, 11:43:59 AM »
Should 2% be the target? Seems a little low to me.

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #654 on: August 23, 2024, 11:49:48 AM »
Should 2% be the target? Seems a little low to me.
Agree. 3 seems right.


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Offline Justwin

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #656 on: August 24, 2024, 10:30:17 AM »
Should 2% be the target? Seems a little low to me.

2% is plenty high.

Ideally the inflation target would be 0%, but you don't want to have inflation come in a little below your target and then get stuck in a deflationary cycle.

Offline pissclams

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #657 on: August 24, 2024, 10:43:57 AM »
i think they’re going to drop “the rate” about 5 percentage points next month boys


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Offline pissclams

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #658 on: August 24, 2024, 10:44:09 AM »
that’s probably too aggressive!


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Offline pissclams

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #659 on: August 24, 2024, 11:30:09 AM »
half a point??  who knows what that damn fed is going to do!?


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Offline Spracne

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #660 on: August 24, 2024, 11:37:24 AM »
half a point??  who knows what that damn fed is going to do!?

25 basis points is what my pigeon entrails told me this morrow.
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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #661 on: August 24, 2024, 12:09:08 PM »
Real ones says bips
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Offline cfbandyman

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #662 on: August 24, 2024, 12:38:25 PM »
half a point??  who knows what that damn fed is going to do!?

25 basis points is what my pigeon entrails told me this morrow.

Yeah no way they go half a point, .25 is what they'll do and walk it in from there.
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Offline CNS

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #663 on: August 24, 2024, 02:59:36 PM »
I like Clams’ idea for 5pts. We can always pull it back.


Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #664 on: August 24, 2024, 04:04:44 PM »
Go back to zero for one cycle only, as a little treat


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Offline pissclams

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #665 on: August 24, 2024, 05:06:36 PM »
Go back to zero for one cycle only, as a little treat


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that’s what I want to happen.  i’m going to try and dm jerome on ig.


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Offline KITNfury

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #666 on: August 24, 2024, 09:36:52 PM »
Would actually be hilarious to see the explosion of big money deployment in one cycle of 0% interest.
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Offline CNS

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #667 on: August 25, 2024, 08:20:29 AM »
Loan brokers and processors would be dropping like flies from all the coke, adderall, and Red Bull.

Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #668 on: August 25, 2024, 09:02:20 AM »
Bring back the no loans.  No money, no job, no problem.
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Offline CNS

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #669 on: August 25, 2024, 10:36:37 AM »
Bring back the no loans.  No money, no job, no problem.

And no down payment

Offline kim carnes

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #670 on: August 26, 2024, 11:26:40 AM »
Sell now while you still can

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #671 on: August 26, 2024, 11:37:54 AM »
Imagine not being bullish on the long term US economy
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Offline Kat Kid

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #672 on: August 26, 2024, 12:02:58 PM »
Should 2% be the target? Seems a little low to me.

2% is plenty high.

Ideally the inflation target would be 0%, but you don't want to have inflation come in a little below your target and then get stuck in a deflationary cycle.

The hilarious thing about the inflation targets and dot plots and crap is it is basically just a confidence game between Powell and the fed bank crew and the street. As close as you can get to just straight up poker. The community cards are the economic data.

And half the time thee isn't even an actual change announced, (how long has the fed target been 2%?!) it is just Jerome doing a little talk and hinting at something about a future change.

Offline kim carnes

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #673 on: August 26, 2024, 01:03:16 PM »
Imagine not being bullish on the long term US economy

We’re in dire straits

Offline Justwin

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #674 on: August 26, 2024, 02:27:04 PM »
Should 2% be the target? Seems a little low to me.

2% is plenty high.

Ideally the inflation target would be 0%, but you don't want to have inflation come in a little below your target and then get stuck in a deflationary cycle.

The hilarious thing about the inflation targets and dot plots and crap is it is basically just a confidence game between Powell and the fed bank crew and the street. As close as you can get to just straight up poker. The community cards are the economic data.

And half the time thee isn't even an actual change announced, (how long has the fed target been 2%?!) it is just Jerome doing a little talk and hinting at something about a future change.

I'm not following you. Why would there be a change in the target rate for inflation? The target rate has been 2% for a long time and probably will continue to be 2% for the foreseeable future. I'm pretty sure the ECB and many other central banks use a 2% target for inflation as well.