- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: August inflation numbers worse than expected
Posted on 9/13/22 at 10:23 am to NC_Tigah
Posted on 9/13/22 at 10:23 am to NC_Tigah
We have an idiot resident in the White House with a band of fools who are still spending or trying to spend a couple of trillion dollars even as the fed jacks up interest rates to fight inflation. To compound the folly, Brandon's Marxist string pullers are doing everything in their power to shutdown fossil fuels. The high cost of energy gets into every product and manufacturing process.
How dumb is that?
How dumb is that?
0
Posted on 9/13/22 at 10:25 am to NC_Tigah
This cant be right , The ministry of Propaganda is doing a victory lap. 
LINK
quote:
Karine Jean-Pierre
@PressSec
United States government official
.
@POTUS
: "The Inflation Reduction Act is one of the most significant laws in our Nation's history. It is further proof that the soul of America is vibrant, the future of America is bright, and the promise of America is real."
LINK
Posted on 9/13/22 at 10:25 am to NC_Tigah
Wait till PPI number comes, this should be 13%
Posted on 9/13/22 at 10:28 am to minister of truth
quote:
sold quite a few puts in anticipation
Did you mean to say that you 'bought' a couple of puts in anticipation? So you'd profit from the sell-off?
Or, you sold a few calls in anticipation because you'd collect the premiums and the calls would expire worthless with the sell-off.
Posted on 9/13/22 at 10:30 am to NC_Tigah
quote:
New CPI numbers just announced.
August inflation numbers worse than expected, 8.3%
This is quite a shock, in light of July's 0% inflation, and also a report I heard on the news just yesterday evening by a leading economist who claimed that "inflation will be ending sooner than expected."
Why are the markets panicing, and a broad pall of pessimism rueing the day?
Posted on 9/13/22 at 10:30 am to Nosevens
quote:
Wait till PPI number comes, this should be 13%
Some of our suppliers have seen numbers like that. It’s brutal.
Posted on 9/13/22 at 10:54 am to NC_Tigah
quote:
August inflation numbers worse than expected
Posted on 9/13/22 at 10:56 am to tarzana
quote:
This is quite a shock, in light of July's 0% inflation
You actually believed that.
Posted on 9/13/22 at 11:02 am to DreauxB2015
(no message)
This post was edited on 11/4/22 at 11:23 am
Posted on 9/13/22 at 11:15 am to minister of truth
quote:Yeah, they definitely need to add some items to the market basket that they use to calculate inflation.
definitely closer to 15% than the bull shite 8% released for public consumption
Posted on 9/13/22 at 11:43 am to tarzana
quote:
July's 0% inflation
Posted on 9/13/22 at 11:44 am to tarzana
stop trying to be a journalist. just keep being a dumbass
Posted on 9/13/22 at 11:49 am to NC_Tigah
This is my surprised face.
Posted on 9/13/22 at 11:58 am to the_truman_shitshow
I'm about 95% cash
Sold QQQ puts at $285 strike price which expire next week. Collect the premiums & will not be upset (hopefully!) if I am assigned the ETF at the much lower buy in. If I am assigned those, then I look at selling calls at a short interval to collect premium & hopefully make quick profit on any subsequent bounce sale.
Edit: actually expire Friday (9/16)
Sold QQQ puts at $285 strike price which expire next week. Collect the premiums & will not be upset (hopefully!) if I am assigned the ETF at the much lower buy in. If I am assigned those, then I look at selling calls at a short interval to collect premium & hopefully make quick profit on any subsequent bounce sale.
Edit: actually expire Friday (9/16)
This post was edited on 9/13/22 at 1:49 pm
Posted on 9/13/22 at 12:07 pm to tarzana
quote:
This is quite a shock, in light of July's 0% inflation
Trolling or downright stupidity. I’m not sure which it is.
quote:
and also a report I heard on the news just yesterday evening by a leading economist who claimed that "inflation will be ending sooner than expected."
“Leading economists” that find themselves doing media interviews are wrong almost 100% of the time.
quote:
Why are the markets panicing, and a broad pall of pessimism rueing the day?
Because the economy is fricked and these number continue to prove it. For the love of God, the prescribed solution is to destroy demand in order to save us from inflation.
Posted on 9/13/22 at 12:17 pm to SingleMalt1973
I meant to upvote this and accidentally hit the down arrow on my phone. My apologies.
I agree CPI is closer to 15%
I agree CPI is closer to 15%
Posted on 9/13/22 at 12:33 pm to NC_Tigah
Inflation Reduction Act doing work.
Posted on 9/13/22 at 2:15 pm to NC_Tigah
quote:
DJIA dropped 400 points on the news.
Not really sure why the news was a surprise.
Posted on 9/13/22 at 2:54 pm to DingLeeBerry
quote:Nor am I.
Not really sure why the news was a surprise.
DJIA down 1300 and falling. Worst single-day loss in 2 years.
Yo! Potatobrain doin' the work, y'all.
Posted on 9/13/22 at 2:58 pm to DreauxB2015
You notice she didn't actually mention the current inflation rate.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News