Black Monday

[Panda-NZ-]

Has US inflation peaked?

https://www.cbsnews.com/news/inflati...ll-it-decline/

No more cheap 0-3% consumer loans at least (and the poor students who pay more than that).

Should take some money out of the system.

[winner69]

Has US inflation peaked?

https://www.cbsnews.com/news/inflati...ll-it-decline/

No more cheap 0-3% consumer loans at least (and the poor students who pay more than that).

Should take some money out of the system.

Of course US inflation has peaked

Tonight will confirm that …it will be less than last months 8.5%


or else there will be a awful bad market reaction

[t.rexjr]

A dollar is not what it once was. Quantitative easing, supply chain issues, war...... We're just playing catch up.

[nztx]

A dollar is not what it once was. Quantitative easing, supply chain issues, war...... We're just playing catch up.

what about the Rusky's taste for stacking up on the greenback - official or unofficial ?

I can't see South Africa jumping in to take up increased available stocks any time soon

[Muse]

Of course US inflation has peaked

Tonight will confirm that …it will be less than last months 8.5%


or else there will be a awful bad market reaction

According to CNBC (your fav) the consensus is for 8.1% headline CPI and core CPI of 6%. Fingers crossed it comes in below.

https://www.cnbc.com/amp/2022/05/10/aprils-consumer-price-index-report-expected-to-show-inflation-has-already-peaked-.html

Think we could all do another day without the yanks market melting down

[Tomtom]

I'm less worried about inflation when it's below the rate of wage growth. Otherwise inflation reduces the spending power of consumers in real terms which makes the economic environment very difficult for companies to engineer meaningful growth. When consumers are shocked it typically takes a long time for them to start spending again.

[JBmurc]

Looking Green SP500 futures up 1.15% Energy up strongly .. Bring on trade tomorrow .. didn't watch the markets today far to busy Golfing >>> and Glad I was Rubbish Flat day

[Tomtom]

According to CNBC (your fav) the consensus is for 8.1% headline CPI and core CPI of 6%. Fingers crossed it comes in below.

Inflation 8.3%, Core 6.2%. So slightly higher than estimates. Real hourly earning -2.6%.

Sell off again?

[Onemootpoint]

Inflation 8.3%, Core 6.2%. So slightly higher than estimates. Real hourly earning -2.6%.

Sell off again?

Futures went from positive to negative on that news. A tad lower than March 2022 but still slightly higher than expected.

[causecelebre]

I've name my portfolio "Amber Heard" because it just sh!t the bed