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It looks like we’re heading for a depression

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Tanko

Tanko

Joined
Oct 27, 2021
Messages
49,265
As far as I remember it, the attorney general of NY is the one who would prosecute insider trading.

As we learned last year, and despite the campaign rhetoric, the DOJ, the federal level, has no jurisdiction over the state AGs.

Reemmber when Trump calimed Biden was prosecuting him with a weaponized DOJ but then the country was taught that those two offices don't even talk.

So I suppose the AG of NY could investigate, but not sure they will.
Did not know that.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
Did not know that.

The admission by Bessent that this was Trump's plan all long doesn't help either.

Can you imagine what would happen fi the brought evidence in to accuse Trump?

After fighting to get things tossed, the only other defens they would be able to come up with is that Trump just has no clue what he's saying and how it affects the markets.

They could use Trimp bragging about how the market went up in a record move after he paused tariffs. They could say Trump doesn't realize that he's the one that demolished the market and the record move doesn't even come close to making up for it.

All thos cuck libtard outspoken Trump haters would have a field day and the closet Trump haters, like @fishhead , would be snickering behind closed doors. Those liberal cucks just want to see Trump fail, they still have "We finall beat Medicare" ringing in their ears.

:lmao:

We are lucky we had such goo d economy leading up to this.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
I wonder if the surge in panic buying will create a blip in the economic numbers.

I'm guessing the White House would paint the increased consumer activity as a win for the administration. If Trump is treating the market move on the 9th as a win, of course they will treat the excess buying as a win.

That panic buying, while good for the economy, could screw up some forecast for sure. The point of sale might be good, but the reasons for it not so much.

Same with oil. We can paint the drop in oil prices as a win for us, but the reasons it dropped tell a different story.

It sucks when they progagandize economic info like that. The cable "news" stations are so misleading when they do it and even though the viewership seems relatively small, the misinfomration seems to spread like wildfire.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
Clearly the bond market rules over policy and if it's yield your seeking in this envoronment, then I have couple to take a look at...

The BlackRock Corporate High Yield Fund...

Symbol: HYT

Price not bad at less than $9.00 and we can get over 10% yield on this.
_________________________________________________________________________________________

Amplify High Income ETF...

Symbol: YYY

Price is $10.60 and Dividen Yield is over 13.5%.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
and less than two hours later we'll get consumer sentiment and year-ahead inflation expectations.

Welp, needless to say these numbers weren't good.

Trump blamed Biden for inflation stemming from COVID. But the US, during the last admin, came out of that inflation better than any indistrialized economy.

Now Trump, by policy, is intentionally raising prices and stoking inflation fears.

Turns out the Fertilization and Crypto Bro President is also the Inflation President.

Did Trump know that would happen? Did his advisors know?

lol
 

phillyflyers

phillyflyers

Joined
Aug 8, 2024
Messages
6,003
No, inflation is not rising. Recent data indicates that the US inflation rate has eased and is currently at 2.4% for the 12-month period ending in March 2025. This is down from a peak of 9.1% in June 2022. While prices are still rising, they are doing so at a slower pace compared to previous months.

Here's a more detailed breakdown:

  • Overall Inflation: The Consumer Price Index (CPI) for all items increased 2.4% over the past 12 months.
  • Core Inflation: Core inflation, which excludes food and energy, also eased, rising 2.8% annually, the smallest increase since March 2021.
    • Monthly Change: The monthly CPI decreased 0.1% in March.
While the overall inflation rate has decreased, it's important to note that prices for some specific items, like eggs, have seen significant increases. Overall, the current situation suggests a slowing of inflation, but prices are still rising.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
Huge PPI numbers coming out tomorrow

We are lucky we had such good economy leading up to this.

PPI came out great. Expecting an increase of .2% they got a decrease of .4%. Core inflation from Thursday solid too.

Like I said, we are lucky we had such a good economy leading up to this.

But now, when we analyze the data, these are basically stale lines. Once Apirl hit, the world money order started to shift.

All we can really do is wait for more econimic data as policy news gets erratic and unreliable.. Know that there is plenty of fear and fearful expectations out there and that will drive markets.

And I think we can take advantage of that on the trading floor.
 

stormtrooper8

stormtrooper8

Joined
May 30, 2022
Messages
13,110
No, inflation is not rising. Recent data indicates that the US inflation rate has eased and is currently at 2.4% for the 12-month period ending in March 2025. This is down from a peak of 9.1% in June 2022. While prices are still rising, they are doing so at a slower pace compared to previous months.

Here's a more detailed breakdown:

  • Overall Inflation: The Consumer Price Index (CPI) for all items increased 2.4% over the past 12 months.
  • Core Inflation: Core inflation, which excludes food and energy, also eased, rising 2.8% annually, the smallest increase since March 2021.
    • Monthly Change: The monthly CPI decreased 0.1% in March.
While the overall inflation rate has decreased, it's important to note that prices for some specific items, like eggs, have seen significant increases. Overall, the current situation suggests a slowing of inflation, but prices are still rising.
Atta boy Philly

Put him in his place
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
Atta boy Philly

Put him in his place

Not sure if this is about me, but I was posting. I’ve said many times that the moment I see the big font, I skip the post. I don’t read anything he posts, basically. None of it. Haven’t in a long while, lol.

But the very notion of him putting someone in their place is funny, so I laughed at your post.
 

KVB

KVB

Joined
Apr 11, 2023
Messages
16,377
depressed annoyed

1 for last 15 soccer bets just ran pocket kings into pocket aces

fuk me

you have had some seriously deep losing soccer runs.

I take it this recent run were high probability high odds payout bets, like many runs in the past.

Seems to me you follow enough to where you should be getting close to at least break even.

I bet I could help you get there just showing you about the market structure. But I’ll admit soccer is funky because of the many different types of bets.

I think I remember you doing it a long time ago, but what about getting into the corner kick bets?

Have you noticed if your leagues come up in the LIVE markets? I apologize for not having even a sense of that with your bets, , I’ve been dialed in a bit with other things and don’t really know specifically what you’ve been betting lately. I’ve seen some threads, but I haven’t really checked in much.

Maybe time to break away from red/black… Over/under… And get into the first second or third 12 and first second or third column.

Maybe get it to where they need green to beat you and then you have the ability to hedge.

You’ve got a few grand at a time out there sometimes. With the right role of the dice you could make some coin doing that…. Maybe not tons, , but definitely enough to have your masseuse sit on your face and jiggle her bodacious breasticles.
 
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