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re: Every network has a segment boasting how great the economy is doing.

Posted on 12/24/23 at 11:49 am to
Posted by TDTOM
Member since Jan 2021
20893 posts
Posted on 12/24/23 at 11:49 am to
quote:

It’s undefeated. The timing is always different but it’s as fool proof as you can get.


So, the yield curve gets inverted, and at some point in the future there will be a recession?
Posted by olddawginCa
Member since Aug 2023
811 posts
Posted on 12/24/23 at 11:52 am to
These are the same fricking assholes I had to deal with in San Francisco. They keep pushing their false narrative in spite of direct evidence to the contrary.
Posted by LSURussian
Member since Feb 2005
130745 posts
Posted on 12/24/23 at 11:53 am to
In your opinion what part of today's U.S. economy is bad?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
281843 posts
Posted on 12/24/23 at 11:55 am to
quote:

These are the same fricking assholes I had to deal with in San Francisco


People who think paying half your income for a home is fine.
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
68270 posts
Posted on 12/24/23 at 12:09 pm to
quote:

The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command
Posted by crewdepoo
Hogwarts
Member since Jan 2015
10480 posts
Posted on 12/24/23 at 12:16 pm to
quote:

The inverted yield curve disagrees. Strongly. (and it has a perfect record in predicting recessions) This landing will be about as soft as inflation was transitory.
ok. You must be an expert.
Posted by BestBanker
Member since Nov 2011
18196 posts
Posted on 12/24/23 at 1:07 pm to

This post was edited on 12/31/23 at 8:26 am
Posted by loogaroo
Welsh
Member since Dec 2005
36161 posts
Posted on 12/24/23 at 1:14 pm to
quote:

Theyre running out of credit this time.


This.
Posted by Speckhunter2012
Lake Charles
Member since Dec 2012
7439 posts
Posted on 12/24/23 at 2:11 pm to


The Auk in the 3rd gif. Perfect.

Like crewdepoo's takes.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11614 posts
Posted on 12/24/23 at 2:38 pm to
It’s a signal that money is tightening and by nature that means lower growth. They’re interconnected it’s not just some random happenstance.
Posted by statman34
Member since Feb 2011
3248 posts
Posted on 12/24/23 at 4:03 pm to
People buy it because journalists used to report the news and dig out the truth even when they themselves had a bias. Today, journalists are nothing more than PR lobbyists for the political affiliation of the owners of the station/media outlet they work for. That’s why you are seeing the propaganda word for word across the spectrum because 97% of these are owned by liberals and their cohorts
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:12 pm to
quote:

In your opinion what part of today's U.S. economy is bad?


The part where a 3 tender box from Canes is 27 dollars, 37 if you get a drink.
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:14 pm to
quote:

In your opinion what part of today's U.S. economy is bad?


Ask a Gen Z how their first home purchases are going.
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:19 pm to
quote:

In your opinion what part of today's U.S. economy is bad?




MSRP - 85,000 and there are 300 on the lot.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
130835 posts
Posted on 12/24/23 at 4:19 pm to
quote:

Every network has a segment boasting how great the economy is doing.
That is fantastic IMO. They are discounting the strain of inflated grocery prices, rent, etc on the average household. Their reporting will not change minds, but it will piss off folks with stretched budgets, and further discredit their "journalism."
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:20 pm to
quote:

In your opinion what part of today's U.S. economy is bad?


How many people have defaulted on student loans?

What is the average persons debt to income ratio?
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:25 pm to
quote:

In your opinion what part of today's U.S. economy is bad?


quote:

According to a report from Challenger, Gray and Christmas, there were roughly 20,000 layoffs in the media industry in 2023. The same report found the retail sector cut 78,000 jobs and the healthcare industry cut roughly 57,000.


Did the media folks mention if their 20k colleagues that are driving for Uber Eats thinks the economy is doing well?
Posted by Rebel
Graceland
Member since Jan 2005
137918 posts
Posted on 12/24/23 at 4:28 pm to
quote:

In your opinion what part of today's U.S. economy is bad?


Other than the Dow, what part of the economy is doing well? And if the Fed doesn’t lower rates in Q2, it is a house of cards ready to implode.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
130835 posts
Posted on 12/24/23 at 4:29 pm to
quote:

In your opinion what part of today's U.S. economy is bad?
Loaded question.

E.g., for an average fellow, the 25% increase in grocery prices we've seen over 3 years is noticeable, aggravating, and outstrips wage growth. In polling, that is the kind of issue driving public perception.
Posted by Bass Tiger
Member since Oct 2014
51240 posts
Posted on 12/24/23 at 4:30 pm to
quote:

Get ready for an all out assault on your intelligence. Looks like they are going to push this hard for a while. Will people buy it?


The Fed has already hinted they will be lowering the Feds fund rate, and granny Yellen is looking for every available USD to throw at the US economy.....the Uniparty and Bureaucratic State are going to do their damndest to help the illegitimate regime retain power.
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