USD Breaking News: U.S. Dollar Fades on ISM Manufacturing PMI Miss

Started by OZER, Jan 04, 2022, 07:44 PM

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Inflation is a product of labor and pay checks not spending by the Fed and business Republicans would like to increase the labor shortage by keeping the Mexican labor their donors are bring in out of the country. The shortage probably comes because people in their 60s and 70s used the pandemic to retire. And labor shortages may not mean everyone is employed, rural people who won't go to a job are not going to be employed. The last 10 or 20% of employment are people with similar problems, some failed to be motivated and reliable maybe before high school, others say I don't want to work at Walmart or Amazon, and other personal issues that lead to a life of mostly unemployment.

I think the economy will survive the summer due to seasonal activity, then it's all over. Summer-related activities will be the last gasp.

WeWork, Nikola, NEO, robinhood...these are 'bubbles' and is wall street as a collective industry that created them - not everything that has value is a 'bubble' just because you are crying that you missed out. Tesla might even be overvalued, but is already changing the world whether you like it or not. Bitcoin on the other hand is so toxic now exactly because of institution and boomers just jumped in, and now they cry it's not going UP. The only bubble we deserve to see popping is the stupid media industry

Inflation is just a hidden tax, except low-to-mid class citizens will pay the most of it.

Lumber went down because of limited processing. Klausner One in Live Oak, Florida shutdown end of 2018 due to business problems and the mill was being sold at tax auction. Binderholz runs the mill now and started production back in the spring of 2021 which is why the prices have gone down. This facility produces a million board feet annually.

Getting through Mr. Shermans statement without dying of laughter is a very respectable feat.

If the general public coast to coast are not waking up and take actions that benefits their country, then undisputable praise should be given for the FED. Naturally if we are not learning from  the ignorance we create by ourselves to begin with, then blaming the actors of manipulation and corruption is not helpful.

Good old Dan is going to cut his numbers for Tesla stock from $2000 to $1900. Just keep sending money to our fund.


To pay 20% interest - how were they making money to pay this interest

Just like the seven rates hikes were baked in, QT and recession that's probably baked in too lol, I get the feeling alot of companies are hiding behind supply problems, when it's truely a lack of sales problem


Civil Contempt For Trump, But Trump Has Not Been Indicted

How can the pace of recovery be any slower?  Poverty is increasing with inflation.

After long consideration of the facts counterfeiting money, credit cards and fraudulent methods of payment should no longer carry a penalty.  What's good for the goose.