The Frankish Reich Posted December 22, 2023 Share Posted December 22, 2023 2 hours ago, Tiberius said: https://www.wsj.com/economy/what-to-watch-in-fridays-spending-report-inflation-closing-in-on-feds-target-0778037d Inflation retreated further in November, and consumer spending rose, another indication the U.S. economy can avoid a recession while bringing prices under control. The personal consumption expenditures price index fell 0.1% in November from the previous month, the first decline since April 2020. It was up 2.6% on the year. Excluding food and energy prices, the index was up 0.1% on the month, same as in October. On the year, core inflation was up 3.2% in November, down from 3.4%. The Federal Reserve targets 2% annual inflation using the PCE price index. On a six-month annualized basis, core inflation eased to 1.9%, suggesting the Fed is well on its way to reaching the target. Consumer spending, meanwhile, was up 0.2% on the month in November, down from 0.1% in October. Overall personal income was up 0.4%, down from 0.3% in October, a sign of confidence in the economy on the part of American households. Really good economic news. Has the Fed engineered that soft landing? The markets say "I think it has." 1 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 22, 2023 Share Posted December 22, 2023 Welp. if the markets are good, all is well. 1 Link to comment Share on other sites More sharing options...
The Frankish Reich Posted December 22, 2023 Share Posted December 22, 2023 10 minutes ago, Tommy Callahan said: Welp. if the markets are good, all is well. Wisdom of the crowd. Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 22, 2023 Share Posted December 22, 2023 3 minutes ago, The Frankish Reich said: Wisdom of the crowd. W if you're in the super 7 or invested in them. your right. Just like the Lego movie. Everything is awesome. we should all sing it. https://youtu.be/StTqXEQ2l-Y?si=VkIWCpTyFZJu4kDN 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 22, 2023 Share Posted December 22, 2023 1 Link to comment Share on other sites More sharing options...
US Egg Posted December 22, 2023 Share Posted December 22, 2023 6 minutes ago, Tommy Callahan said: Everything is awesome. Guess this is deemed as awesome and reflective of the economic uptick so many are raving about: https://www.bankrate.com/banking/savings/emergency-savings-report/ 1 Link to comment Share on other sites More sharing options...
BillStime Posted December 29, 2023 Author Share Posted December 29, 2023 🎯 1 Link to comment Share on other sites More sharing options...
Irv Posted December 29, 2023 Share Posted December 29, 2023 Biden and his buddies ***** the pooch on the economy. What a mess. 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted December 29, 2023 Author Share Posted December 29, 2023 🎯 1 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 36 minutes ago, BillStime said: 🎯 Amazing returns. Spend 1.6B of our tax dollars to the fortune 500 so they can put in 800G then profit till the contract expires. 1 Link to comment Share on other sites More sharing options...
BillStime Posted December 29, 2023 Author Share Posted December 29, 2023 6 minutes ago, Tommy Callahan said: 1.6B Pretty specific number - source? 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 3B in one stimmy. https://www.eda.gov/funding/programs/American-rescue-plan One year ago, President Biden signed into law the CHIPS and Science Act (CHIPS), which makes a nearly $53 billion investment in U.S. semiconductor manufacturing, research and development, and workforce. The law also creates a 25 percent tax credit for capital investments in semiconductor manufacturing $500 million The Tech Hubs program was enacted as part of the CHIPS and Science Act of 2022 (as the Regional Technology and Innovation Hubs program), and Congress appropriated EDA $500 million for it as part of the FY 2023 Omnibus Appropriations Bill. From our pockets to investors' portfolios 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 4 Author Share Posted January 4 1 1 Link to comment Share on other sites More sharing options...
John from Riverside Posted January 5 Share Posted January 5 On 12/28/2023 at 4:54 PM, Irv said: Biden and his buddies ***** the pooch on the economy. What a mess. It’s like you wake up, spout, something without reading, anything and then go back to sleep irv 1 Link to comment Share on other sites More sharing options...
BillStime Posted January 5 Author Share Posted January 5 🎯 1 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted January 5 Share Posted January 5 1 1 Link to comment Share on other sites More sharing options...
KDIGGZ Posted January 5 Share Posted January 5 "job growth" aka there was a pandemic and then there wasn't 2 Link to comment Share on other sites More sharing options...
BillStime Posted January 5 Author Share Posted January 5 🎯 1 2 Link to comment Share on other sites More sharing options...
Tiberius Posted January 5 Share Posted January 5 22 minutes ago, BillStime said: 🎯 Nice! Soft landing 17 minutes ago, KDIGGZ said: "job growth" aka there was a pandemic and then there wasn't And anyone that wants a job can get one 1 2 Link to comment Share on other sites More sharing options...
KDIGGZ Posted January 5 Share Posted January 5 2 minutes ago, Tiberius said: And anyone that wants a job can get one And unfortunately most lefties don't Link to comment Share on other sites More sharing options...
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