Inflation at a new 40 year high (act surprised)

Celticguy said:
job growth declined for the 2nd month after a huge drop off from 500K+.

clinging to that stagflation straw is not a winning strategy.


Here's why.

https://www.reuters.com/markets/eur...ity-cpi-sends-us-stocks-wild-ride-2022-10-13/
Click to expand...

You claimed there was a net loss of jobs. You were wrong.

I'm still waiting for the sky to fall, Chicken Little.

I've stated several times that I believed sticky inflation and a continued tightening by the Fed was already baked into the markets. I also mentioned that there were bargains to be had, and there still are. Reality is that investors are seeing signs that inflation is peaking. I believe that's exactly what happened yesterday.
 
Concart said:
You claimed there was a net loss of jobs. You were wrong.

I'm still waiting for the sky to fall, Chicken Little.

I've stated several times that I believed sticky inflation and a continued tightening by the Fed was already baked into the markets. I also mentioned that there were bargains to be had, and there still are. Reality is that investors are seeing signs that inflation is peaking. I believe that's exactly what happened yesterday.
Click to expand...
and whats happening today ?
 
Concart said:
Should I 'buckle up'?

ROTFLMFAO!!!! You haven't got a clue.
Click to expand...

yeah I guess that darn inflation is REALLY sticky

[FONT=&quot]
f2ddb4a0ac271fe4ce59158c143c8c12


[/FONT]
[FONT=&quot](Bloomberg) -- US year-ahead inflation expectations rose in early October for the first time in seven months and the long-term outlook also crept up, a potentially worrisome development for the Federal Reserve as it tries to keep views anchored.[/FONT]
Click to expand...

https://finance.yahoo.com/news/us-ahead-inflation-views-rise-142857780.html
 
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