Off-Topic: series 2 & 3 (in probably a continuining series )
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Name:   lucky67 The author of this post is registered as a member - Email Member
Subject:   series 2 & 3 (in probably a continuining series )
Date:   4/11/2024 9:31:59 AM

OF WHAT JOE'S ADMIN AND MUNIONS DONT WANT TO FULLY DISCLOSE:

If you missed it--

Series 1.  was the Labor departments non-disclosure in the jobs report Friday of: what # was part -time-; re-hires-  illegals, layoffs;

Series 2. Why if Admin is defying SCOTUS ruling on student loan forgiveness is Dept of Ed continuing to promote (tv ad's & website)  new student loan applications requests  (FAFSA ) with loan interest rate of 5.50%? ;

Series 3: yesterday March  inflation readings ( CPI-Consumer prices) was UP 3.5% over march 2023--Dow tanked over 400 points; Now here's the thing--most economists & bond traders look inside the # at a calculation  labeled SUPER CORE ; that # accelerated 4.8% over march 2023; Interesting to note when Joe took office jan 2021, the CPI reading was 1.4%

Today March PPI--(Producer prices) were released and Core PPI ROSE 2.4% over march 2023;

All these #'s don't come remotely close to the Fed's disclosed target of 2% inflation;

The FED MUST BE PULLING THEIR HAIR OUT BY NOW WITH PRESSURE FROM WH --and IMO< there MAY be 1 rate cut, probably unjustified, in August, simply for political reasons--

SO--hold on tight and don't swallow all the hype that inflation is down and under control-just go grocery shopping--and regular fuel at my local marina is $5.49/gallon---Monday I  passed on buying a six pack of diet coke for $8.99 and a pint of mexico strawberries for $5.99 both at Walmart;

To be continued I'm sure

 

 

 

 

Other messages in this thread:View Entire Thread
series 2 & 3 (in probably a continuining series ) - lucky67 - 4/11/2024 9:31:59 AM



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