Not everyone needs to buy a home in SoCal. It is pricey for a reason. Be original and move to Michigan, Oregon , North Carolina etc. I am tired of entitled millennials whining about things they don’t need to whine about. These are beautiful , great places to live, not the slums of Syria. Or join the exodus to Texas, they will build anywhere for the lowest possible price, not only for the best and brightest.
Ex-Energy cost, CPI has been rising add to it, continuing uninterrupted job creation and rising avg hrly wage.
https://www.usinflationcalculator.com/inflation/united-states-core-inflation-rates/ Just in case you still don't want to believe me. Those numbers are from the BLS. I'll just post screenshot since I know people don't always bother to go to the links provided.
There's some kind of rule of thumb that says when the LT treasury eclipses the ST treasury -- or vice versa -- then we know a recession is coming. Do you know about this, and/or can you speak to it? Thanks
There's some kind of rule of thumb that says when the LT treasury eclipses the ST treasury -- or vice versa -- then we know a recession is coming. Do you know about this, and/or can you speak to it? Thanks
Not necessarily a rule that it will mean recession, but it generally means slower growth/stagnation is coming. It's also not some sort of immediate indicator either. It could take a year before things filter down to growth and earnings. That this recessionary fear is more related to the global economy than the US economy specifically. I think the tax cuts have probably helps insulate the US a bit. Also, there are strong aspects to the US economy still, so we have a bit of a mixed bag.
Thanks, but which is the ostensible indicator of recession -- stronger LT treasury or stronger ST treasury?
Thanks, but which is the ostensible indicator of recession -- stronger LT treasury or stronger ST treasury?
I can't stand the idea of a recession... I graduated into that market where job postings were nil and I remember that crap. I don't wish that upon anyone. The fact that some people are so entitled that they'd wish it just to see Trump out is sad. Not that people here are like that. Bill Mahar though, man he just pisses everyone off. But I will admit, he is more often correct on more issues than most leftists.
Probably a number of factors out of one person's control. But oh let's blame Trump. I will say he will shoulder the blame whether accurate or not.
Markets do not like uncertainty. What is the one most capricious factor in the economic and political landscape?
The US losing its power to a rising Russia, EU, and China... and India and Brazil... The world is entering a new paradigm and it would happen regardless of Trump.
