- 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
Hyperinflation is now a reality per Bank of America
Posted on 5/4/21 at 2:48 pm
Posted on 5/4/21 at 2:48 pm
quote:
BofA: "Transitory Hyperinflation Ahead" Last week, when discussing the latest earnings call commentary, Bank of America said "Buckle up! Inflation is here", and showed a chart of the number of mentions of “inflation” during earnings calls which exploded, more than tripling YoY per company so far, the and the biggest jump in history since BofA started keeping records in 2004.
Who knew that just one week later BofA would need a bigger chart... a much bigger chart. As BofA's Savita Subramanian writes, after the third week of earnings. mentions of “inflation” have now quadrupled YoY; and after last week, mentions have jumped nearly 800% YoY!
LINK
Be prepared to hear the word “transitory” ALOT when talking about inflation while the democrats are in charge.
It will be the buzz word used to soften the blow until the collapse.
This post was edited on 5/4/21 at 2:50 pm
11
Posted on 5/4/21 at 2:51 pm to theunknownknight
if people are still hanging onto dollars outside of an emergency fund, time has quickly begun to run out to preserve your wealth.
Posted on 5/4/21 at 2:51 pm to theunknownknight
Let's just get it over with
Posted on 5/4/21 at 2:52 pm to theunknownknight
Over or Under 2 days before Biden blames this on Trump?
Posted on 5/4/21 at 2:52 pm to Ross
quote:
if people are still hanging onto dollars outside of an emergency fund, time has quickly begun to run out to preserve your wealth.
^^^^
Your portfolio right now should include 0% cash.
Posted on 5/4/21 at 2:52 pm to theunknownknight
And “inevitable”.
Posted on 5/4/21 at 2:52 pm to Ross
quote:
still hanging onto dollars outside of an emergency fund
What is the magic potion?
Posted on 5/4/21 at 2:52 pm to WhiskeyThrottle
quote:
Over or Under 2 days before Biden blames this on Trump?
It's Tuesday, so under.
Posted on 5/4/21 at 2:54 pm to Hobnailboot
Put it where, tech and small caps are about to get beat with rate increases.
Posted on 5/4/21 at 2:56 pm to deathvalleytiger10
quote:
What is the magic potion?
An S&P 500 index fund will roughly track with the monetary expansion rate and therefore will at least mostly preserve your present day value.
Real estate will only continue to go up long term, although will take a hit when interest rates go up.
Crytocurrencies are emerging as a store of value and are outperforming every other asset class as people flock to them.
Precious metals and metals used in industry offer a last line of defense as an inflationary hedge
The absolute worst thing you can do right now is keep excess liquidity. Keep enough to cover 6 months of expenses, but no more. It is currently and will continue to be degraded in value.
Posted on 5/4/21 at 2:57 pm to Hobnailboot
quote:
quote:
if people are still hanging onto dollars outside of an emergency fund, time has quickly begun to run out to preserve your wealth.
^^^^
Your portfolio right now should include 0% cash.
Yeah, it’s trying to put your cash where it doesn’t evaporate anyways. I guess if you believe over the long haul stocks will still gain an average of 7-10% annually you just go all equities and ride it out.
Posted on 5/4/21 at 3:02 pm to Ross
quote:
Real estate will only continue to go up long term, although will take a hit when interest rates go up.
Is there a good ETF or ETN for undeveloped land?
Posted on 5/4/21 at 3:03 pm to theunknownknight
To be fair, this is more of an indication of perceived inflation as opposed to objective evidence of inflation itself.
That being said it’s coming.
That being said it’s coming.
Posted on 5/4/21 at 3:08 pm to Ross
Imagine if/when Fed funds interest rate rises to it’s historic average of between 3-5%......oh boy...
Posted on 5/4/21 at 3:09 pm to David_DJS
To be honest I think it is late for most commodities besides Oil, must upside has been made.
Posted on 5/4/21 at 3:11 pm to WhiskeyThrottle
quote:
Over or Under 2 days before Biden blames this on Trump?
I was watching The Next Revolution (Steve Hilton) and he was playing Gaslight Media clips of people like Nicole Wallace and others giving Biden credit for Operation Warp Speed.....some crazy shite.
Posted on 5/4/21 at 3:11 pm to Ross
quote:
The absolute worst thing you can do right now is keep excess liquidity. Keep enough to cover 6 months of expenses, but no more. It is currently and will continue to be degraded in value.
even that can be kept in crypto honestly.
Posted on 5/4/21 at 3:11 pm to theunknownknight
Posted on 5/4/21 at 3:30 pm to Ross
I'll disagree here. There will be a pullback and a big one.
Posted on 5/4/21 at 3:30 pm to lsu777
quote:
even that can be kept in crypto honestly.
In the form of a stablecoin, yes. And you'll get better interest rates than your bank could ever dream of giving you.
But even I have reservations about that. FDIC insurance on my emergency fund is hard to give up.
Page 1 of 3
Back to top
Follow TigerDroppings for LSU Football News