First inflation isn’t running at 9% it’s closer to 3, second the gep estimate is for real gdp not nominal. You have absolutely no chance in a real fee market, be very thankful the ones that do bring your dumb ass along for the ride.I say with 9% inflation...it looks like we are in that recession. How about you DMF?
How much is you gubment entitlement windfall these days, son?First inflation isn’t running at 9% it’s closer to 3, second the gep estimate is for real gdp not nominal. You have absolutely no chance in a real fee market, be very thankful the ones that do bring your dumb ass along for the ride.
Yeesh, you’re dull when you’re not boozingHow much is you gubment entitlement windfall these days, son?
Consumer spending is also at a record high. Debt service as a percent of disposable income is low. That’s why happens when the most fiscally liberal president in history begs for negative rates and gets it, zirp with qe equals negative ratesUS consumer credit card debt stands at $1 trillion. Highest on record. Inflation.