November retail sales lower than expected.....
- Thread starter Sunburnt Indian
- Start date
ray ray told us inflation was dropping for 5 straight months under Hiden.
So prices are in a freefall, and no one is buying?
Are those signs of a weak or strong economy? Need ray ray and @CFAGator to make this make sense for me. I know they can.
So prices are in a freefall, and no one is buying?
Are those signs of a weak or strong economy? Need ray ray and @CFAGator to make this make sense for me. I know they can.
The slow had nothing to say about this as they where spiking the football over 7.2 inflation a 40 year high
@RayGravesGhost @BSC911
Nearly 70% of Americans struggling to pay grocery bills, survey finds
https://www.yahoo.com/now/nearly-70...aAW6foBMzU6QviQ_RIhiH6MsgOqO5KyobFic0SQN-UZkT
Hiden inherited 1.4% inflation. It went up 13 of his first 17 months.
ray ray and bsc said nothing.
Now it is back down to 7%, and dems want to pat Hiden on the back.
Wish these people loved America as much as they do their politics.
Remember kids, at 7% inflation prices double every 11 years.
And if wages only increase at ~5% over that same time frame, which even that seem unlikely, the math gets even uglier.
Poor people will continue to become poorer.
LOL. Like inflation is going to stay at 7% for 11 years. You people are delusional.
For once you are right. No way the Dimtards will hold power that long. 😂 😂
Brandon will not last that long...you got one correct, son
I TOLD YOU SO is what you were really looking for.......
You told me that gas prices were going up. You were wrong.
You have no idea what the stock market will do. You are a car sales man, not an Wall Street guru. You’re not fooling anyone. Stick to what you know, like selling extended warranties and undercoating.
Not so fast. @CFAGator taught me that inflation turbocharges the economy, because as prices go up, so does spending!
LOL How many times do you think @BSC911 has tried to report Capt for calling him 'son'? 5? 10?
He who lives by the Gold Membership....
They have been,,,Do you deny that fact?
Yes dumb dumb...THAT'S the idea behind raising interest rates. To reduce demand and reduce prices.
dumb dumb malone can't understand basic economics 🤣
Is this a sign of a good or bad economy? $2.5 trillion record high
Corporate Profits in the United States averaged 573.95 USD Billion from 1950 until 2022, reaching an all time high of 2522.60 USD Billion in the second quarter of 2022 and a record low of 14.67 USD Billion in the first quarter of 1951.
United States Corporate Profits - 2022 Data - 2023 Forecast
https://thehill.com/policy/finance/...in-third-quarter-amid-40-year-high-inflation/
Corporate profits hit record high in third quarter amid 40-year-high inflation
BY TOBIAS BURNS - 11/30/22 12:33 PM ET
Following a two-quarter dip in 2020, quarterly profits have surged by more than 80 percent over the last two years, from around $1.2 trillion to more than $2 trillion, adding weight to arguments that the private sector is driving inflation by exploiting consumer expectations to keep prices elevated.
The “Fed should make clear that rising profit margins are spurring inflation,” Paul Donovan, UBS chief economist of global wealth management, wrote in the Financial Times in November, asking Fed Chairman Jerome Powell to elucidate this point as he shepherds the U.S. central bank to raise interest rates and slow economic activity.
“Companies have passed higher costs on to customers. But they have also taken advantage of circumstances to expand profit margins. The broadening of inflation beyond commodity prices is more profit margin expansion than wage cost pressures,” he wrote, adding that “resilience in demand has given companies the confidence to raise prices faster than costs.”
NavigatorII, as you know, 70% of our economy is driven by consumer spending. With consumer spending slowing in November, do you think the board's slow might see what that may signal for our economy?
Looks like you are the one denying it: Why do we need to reduce prices if inflation is down 5 straight months? Is that because it will take longer than 5 months to dig out of the massive hole Hiden created by raising inflation 13 of the first 17 months he was in office?
Looking forward to seeing this amazing economy going to even greater heights!
They are more worried about what it means for their politics.
Their politics is served by saying the economy is doing well under Hiden, so that's the lie they tell. Reality be damned.
@RayGravesGhost @BSC911 ?
The Biden economy is a disaster. And suddenly, markets are worried about Fed hikes, a recession, and earnings falling.
Dow Falls Sharply in Worst Day in Three Months
Stocks sold off sharply as investors grappled with disappointing data on retail sales, business inventories, and industrial production.
The Dow Jones Industrial Average fell 764 points, or 2.25 percent, its worst one-day performance in three months. The Nasdaq Composite dropped 3.2 percent. The S&P 500 was down around 2.5 percent.
trib.al
The Biden economy is a disaster. And suddenly, markets are worried about Fed hikes, a recession, and earnings falling.
Dow Falls Sharply in Worst Day in Three Months
Stocks sold off sharply as investors grappled with disappointing data on retail sales, business inventories, and industrial production.
The Dow Jones Industrial Average fell 764 points, or 2.25 percent, its worst one-day performance in three months. The Nasdaq Composite dropped 3.2 percent. The S&P 500 was down around 2.5 percent.
Dow Falls Sharply in Worst Day in Three Months
Suddenly, markets are worried about Fed hikes, a recession, and earnings falling. | Economy
trib.al
If the Fed (and Hiden's) plan is to wreck the economy (and stock market) they are well on their way. Midterms are over, faux rosy .Gov data reports and unconstitutional loan forgiveness will just go away now.
Go look at the post, son. You have selective memory. Actually surprised your memory works at all. Let me tell you what I know son...I know people like you. I know you are like EVERY lib male. NO ONE would ever make a mistake and call you a "man". They would call you a fraud, though. I bet you are proud.
I agree...it is what lib "males" do. I will bet they read as if a kindergartener wrote them. I would bet that they are quite whiney.......
You mean this post?
Sling all the lame insults you want, but Just admit you were wrong and know nothing about the O&G business. It’s here for all to see. Just stick to selling Chevys to inbred hillbillies. There’s nothing wrong with that.
😎
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*beta His "wife" has him doing laundry today, he'll be a little scarce. 😂
I have. Seems pretty clear to me. And you have been totally wrong since gas prices have dropped significantly since you posted that.
You were WRONG!!!!!!!
Which proves, once again, you are clueless.
Slow in what way? For a troll, he's pretty fast: He has 25k posts on another board just since 2018. Hell he's trolling there right now:
Slow as in witted? That I will buy. But leaving almost 40k troll posts in just 4 years on just TWO boards translates to what.....16 hours a day, every day for 4 years?
What an amazing life!
Poor Badselectioncommittee. His momma tried, but failed.Slow in what way? For a troll, he's pretty fast: He has 25k posts on another board just since 2018. Hell he's trolling there right now:
Slow as in witted? That I will buy. But leaving almost 40k troll posts in just 4 years on just TWO boards translates to what.....16 hours a day, every day for 4 years?
What an amazing life!
BScuck couldn't gather an audience even 10 years ago without most people calling him a retard. It's kind of his legacy. Respect his history! Totally ignored on the football forums! 😂
The guardian tells me mass layoffs coming right before Christmas in this disastrous Biden economy
While many American workers are preparing for the holiday season, some are grappling with the mental and financial anguish of being suddenly laid off.
After corporations complained of labor shortages through 2021 and 2022, several companies have shed workers in mass layoffs as 2022 comes to a close.
Job cuts in the US have risen this year, with a 6% increase for the first 11 months of 2022 in comparison to last year. In 2021, 320,173 of them had been announced, though job cuts are lower in the past two years than in the previous few decades.
Driving the increase in job cuts is the tech sector, as numerous high profile tech companies, including Facebook’s Meta, Twitter and Amazon, announced mass layoffs in recent weeks.
www.theguardian.com
‘Heartless’ mass layoffs hit US workers ahead of holidays
While many American workers are preparing for the holiday season, some are grappling with the mental and financial anguish of being suddenly laid off.
After corporations complained of labor shortages through 2021 and 2022, several companies have shed workers in mass layoffs as 2022 comes to a close.
Job cuts in the US have risen this year, with a 6% increase for the first 11 months of 2022 in comparison to last year. In 2021, 320,173 of them had been announced, though job cuts are lower in the past two years than in the previous few decades.
Driving the increase in job cuts is the tech sector, as numerous high profile tech companies, including Facebook’s Meta, Twitter and Amazon, announced mass layoffs in recent weeks.
‘Heartless’ mass layoffs hit US workers ahead of holidays
Job cuts have risen this year, even as the US economy shows no signs of a downturn for now
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