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re: US inflation vs rest of the world

Posted on 9/27/23 at 1:03 pm to
Posted by notiger1997
Metairie
Member since May 2009
61438 posts
Posted on 9/27/23 at 1:03 pm to
quote:

Things gonna get real interesting when oil hits $150 per.


I don’t see that happening. The Saudis or someone else will open up their oil to the markets at some point well before that price point
Posted by Auburn1968
NYC
Member since Mar 2019
25273 posts
Posted on 9/27/23 at 1:14 pm to
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73365 posts
Posted on 9/27/23 at 1:41 pm to
quote:

I guess the Burger King 401k has limited fund options


weren’t you on TD seeking retirement advice not that looong ago?
Posted by sostan
Louisiana
Member since Jul 2010
1133 posts
Posted on 9/27/23 at 2:20 pm to
Peaked at 4% +/-, my arse !!!
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 9/27/23 at 2:22 pm to
(no message)
This post was edited on 5/21/24 at 10:46 am
Posted by Tomatocantender
Boot
Member since Jun 2021
5578 posts
Posted on 9/27/23 at 2:39 pm to
quote:

We are in an absolute free fall economically. Anyone who says otherwise is not a serious person.


A free-fall would be Carter level stagflation, but that may be coming to a theatre near us sooner rather than later. Then the real clown party begins.
Posted by Wing T
Joint Base Andrews, MD
Member since Aug 2022
590 posts
Posted on 9/27/23 at 2:48 pm to
quote:

if your return rate has gone down since Jan 1, 2022, you are doing something wrong
It's with John Hancock, I just did what they suggested.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40368 posts
Posted on 9/27/23 at 2:54 pm to
quote:

It's with John Hancock, I just did what they suggested.


What fund is it?

The market is up bigly this year and was up massively in 2021. If you are negative this year or near negative in 2021 you have some serious problems.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12972 posts
Posted on 9/27/23 at 2:59 pm to
quote:

The market is up bigly this year and was up massively in 2021


Uh, the market is up a lot less bigly as of late. Last I saw, the equal weight S&P was negative for 2023. 2022 was a disaster. Yeah, 2021 was strong as we came out of the Covid foolishness.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40368 posts
Posted on 9/27/23 at 3:03 pm to
quote:

Uh, the market is up a lot less bigly as of late.


Sure. But it’s still up 11.14% YTD (vanguard’s total market fund)

And 2022 has nothing to do with the post I was replying to. He said he was only up <5% in 2021. That is godawful performance.

Posted by Tiger Attorney
New Orleans
Member since Oct 2007
20034 posts
Posted on 9/27/23 at 3:14 pm to
Let's name one thing that has gone up only 4%...
Posted by pbro62
Baton Rouge
Member since May 2016
15190 posts
Posted on 9/27/23 at 4:13 pm to
A three year old could correct your dumbass
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
117894 posts
Posted on 9/27/23 at 4:17 pm to
quote:

Let's name one thing that has gone up only 4%...




Shrimp prices are down.
Posted by Play_Neck
Member since Dec 2014
2191 posts
Posted on 9/27/23 at 4:20 pm to
It depends on oil, which has a decent chance of skyrocketing. So tbd
Posted by dgnx6
Member since Feb 2006
86407 posts
Posted on 9/27/23 at 4:49 pm to
quote:

n this paper, we find President Trump has proposed between $530 billion and $870 billion of additional spending and tax relief to address the current public health and economic crisis, with a central estimate of $650 billion. We find Vice President Biden has proposed between $2.0 trillion and $4.2 trillion of additional measures to address the crisis, with a central estimate of $3.1 trillion.



I mean Biden was slated to spend over every single democrat candidate and Trump. But the never trumpers still went out and voted for him.

Posted by Dickaroos
Nunya
Member since Feb 2013
753 posts
Posted on 9/27/23 at 5:09 pm to
Thanks pudding head
Posted by bad93ex
Walnut Cove
Member since Sep 2018
34583 posts
Posted on 9/27/23 at 5:12 pm to
quote:

I mean Biden was slated to spend over every single democrat candidate and Trump. But the never trumpers still went out and voted for him.


We needed “aDuLtS iN tHe wHiTe hOuSe!!!1!”
Posted by WestCoastAg
Member since Oct 2012
149523 posts
Posted on 9/27/23 at 5:27 pm to
quote:

give us your well thought out take as to why the information graphic posted is accurate
prove that it isnt
Posted by Auburn1968
NYC
Member since Mar 2019
25273 posts
Posted on 9/27/23 at 5:54 pm to
Item by item list of inflation if the BLS can be trusted.


https://www.bls.gov/opub/ted/2023/consumer-price-index-2022-in-review.htm
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