The Economy

[oryginalny]

stick around and watch what happens when trump starts disbursing monies to everyone. even more so if the tariffs are ruled to be illegal and monies have to be repatriated.

U a soothsayer?

 

[MajorRewrite]

November inflation data may have problems. Mainly around the rent data.

Heather Long, chief economist at the Navy Federal Credit Union, said in an email that Thursday’s report was “the data nerd equivalent of the ‘emperor has no clothes’ story.”

“It’s hard to take this data seriously. There was no data collection in October and limited collection in November,” Long said. “A key reason inflation cooled unexpectedly is a big easing in rent costs. That doesn’t match up with private sector data, and it doesn’t pass the 'sniff test' of reasonability.”

“It appears that BLS made a big judgment error in its shelter calculation (effectively assuming 0 in October), leading to inflation understated,” Harvard economist Jason Furman said in a post on X. “It is, however, very unlikely this error was political. If anything the opposite: they stuck to algorithm rather than using judgment.”

Inflation would still be cooler without the shelter data, Furman noted, just not by as much.

 

[Wilson23]

U a soothsayer?

I am. This week, avoid anything with wheels!

 

[DeluxAuto]

A revelation that surprises no one.

 

[DeluxAuto]

From Fox;

 

[heathrowinneo]

U a soothsayer?

yes, and I will reiterate another soothsayer, avoid anything with wheels this week. And those wearing tinfoil hats.

 

[Lazaran]

November inflation data may have problems. Mainly around the rent data.

I. Told. You. So.

 

[DeluxAuto]

I promise that I have never said this before, but...



...I have no fucking idea how we're going to survive this administration.

 

[Lazaran]

I promise that I have never said this before, but...

View attachment 2584560

...I have no fucking idea how we're going to survive this administration.

The delusional naked “Emperor” was never the REAL problem, it was all the sycophantic enablers and ingratiating grifters who perpetuated the delusion that the naked "Emperor" was resplendent in fine clothes. “The Royal Court -esans”



We. Told. Them. So.

 

[DeluxAuto]

More lies and bullshit.