Author Topic: Non-Political Market/Economy/Finance/etc. Thread  (Read 49308 times)

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Offline Kat Kid

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #675 on: August 28, 2024, 06:00:17 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.

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.
I’m aware the long term inflation target has been 2% for a long time. I was just saying the amount of theatre surrounding Powell’s signaling is funny to me. Why not embrace it and get some witches or animal entrails or give Jerome a staff and cloak?

Offline CNS

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #676 on: September 01, 2024, 08:40:12 AM »
https://www.bbc.com/news/articles/ce81j919gdjo

Quote
Ozempic could delay ageing, researchers suggest

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #677 on: September 01, 2024, 09:21:33 AM »
Headline is wrong. It can delay dying.


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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #678 on: September 01, 2024, 10:50:03 AM »
How much of this stuff you guys taking daily?
When the bullets are flying, that's when I'm at my best

Offline Pete

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #679 on: September 01, 2024, 05:10:37 PM »
How much of this stuff you guys taking daily?
One shot a week of 5mg (zepbound).

Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #680 on: September 01, 2024, 06:04:29 PM »
Gonna just keep taking that low dose in perpetuity?
When the bullets are flying, that's when I'm at my best

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #681 on: September 01, 2024, 07:30:41 PM »
I think a majority of the population will be within the next 15 years. Unless we go into a war/climate fueled food deficit.


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Offline Pete

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #682 on: September 02, 2024, 07:07:07 AM »
That’s my plan

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #683 on: September 06, 2024, 07:32:19 AM »
JOB REPORT VERY MID! MISSION ACCOMPLISHED!


Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #684 on: September 06, 2024, 07:35:18 AM »
WE'RE DOING HALF POINTS BOYS

Offline Spracne

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #685 on: September 18, 2024, 01:03:01 PM »
My winning smile and can-do attitude.

Offline CNS

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #686 on: September 18, 2024, 01:08:47 PM »
Only half?  Was hoping the ‘Clams agenda was pushed through.

Offline DaBigTrain

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #687 on: September 18, 2024, 01:34:54 PM »
Time to party  :party:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline bucket

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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #689 on: September 18, 2024, 06:08:06 PM »
Basis points is one of my favorite medium fancy finance words
When the bullets are flying, that's when I'm at my best

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #690 on: September 18, 2024, 06:08:47 PM »
Basis points is one of my favorite medium fancy finance words

we refer to them in convo as "bips"  :D

Offline Justwin

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #691 on: September 18, 2024, 06:30:01 PM »
WE'RE DOING HALF POINTS BOYS

CONFIRMED

I'm pretty surprised they're being this aggressive. The FOMC is definitely valuing the full employment aspect of their mandate over the price stability part.

Offline steve dave

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #692 on: September 18, 2024, 06:37:34 PM »
I think we're a long way from it mattering for either employment or prices right now. May as well get it started towards the finish line. Can get cute later.

Offline cfbandyman

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #693 on: September 18, 2024, 06:49:59 PM »
Surprised they went 50 but with inflation down to 2.5% they must have felt saucy.
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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #694 on: September 18, 2024, 07:21:15 PM »
Basis points is one of my favorite medium fancy finance words

we refer to them in convo as "bips"  :D

That's even hotter, I'm swooning.
When the bullets are flying, that's when I'm at my best

Offline steve dave

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Offline Pete

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Offline wetwillie

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #697 on: October 04, 2024, 08:45:45 AM »
These tricky bastards landed the plane, I'll be damned.
When the bullets are flying, that's when I'm at my best

Offline Pete

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #698 on: October 04, 2024, 08:59:19 AM »
And Eli Lilly’s GLP-1 shortage is officially over. Hopefully that means that the others will be over as well, and add in some good old fashioned competition to put pricing pressure on Novo and Lilly.

Offline Pete

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Re: Non-Political Market/Economy/Finance/etc. Thread
« Reply #699 on: October 22, 2024, 03:48:00 PM »
This rough ridin' crap from Goldman about a decade’s worth of flat S&P returns is not cool, man.