Morgan Stanley Credits ‘Bidenomics’ for Economic Surge

UsualName said:
It’s almost hard to believe the economy can “improve” because we are hitting on almost all cylinders right now. Even areas like manufacturing are up and running right now.

And what nobody wants to hear is that the biggest cyclical problem on the horizon is actually deflation. The dollar is strong and virtually every one of our main trading partners is struggling right now. We are actually too dominant right now. So much so that the international competition to get back into the American market can flood us.

And I get that people, not saying you in particular, see the prospect of deflation and think great lower prices but that reek’s havoc on inventories, putting businesses upside down and needing to take cost cutting measures. And the first place to cut costs is jobs, then benefits.

The Fed needs to be careful with these interest rates. The consensus seems to have gone from rate cut in March to rate cut in May but that could be a real problem with the dollar so strong and American market looking like King Kong.
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King Kong. Listen to me now believe me later on.

https://twitter.com/x/status/1767540294768288074
 
Cuddles said:
CPI a bit hot today; can't stop, won't stop
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Super core (-housing) came up a touch. I was surprised to see that next to Costco reporting their internal inflation is next to nil. Maybe lagging, maybe Costco has improved supply chains. Idk. Still, King Kong.
 
UsualName said:
King Kong. Listen to me now believe me later on.
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I dont know who spews more bull shit,you or Biden:rolleyes:



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UsualName said:
Super core (-housing) came up a touch. I was surprised to see that next to Costco reporting their internal inflation is next to nil. Maybe lagging, maybe Costco has improved supply chains. Idk. Still, King Kong.
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well, hot CPI means high demand, means king kong strong, means less cuts in this sense
 
UsualName said:
Super core (-housing) came up a touch. I was surprised to see that next to Costco reporting their internal inflation is next to nil. Maybe lagging, maybe Costco has improved supply chains. Idk. Still, King Kong.
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There's another aspect for consumers worried about Inflation...their investments if they are invested in fixed-income securities, such as bonds and mutual funds invested in bonds.

A lot of Americans forget to follow and manage their pensions and/or retirement investments that are invested in mutual funds during high inflation.

A lot of companies like Costco will adjust the cost of their goods on a weekly basis as the CPI moves up and down. Simply, those that think the economy is doing well will tend to make no adjustments to their investments.

In contrast, those that think the economy is doing bad...they need to have a discussion with their financial advisor about changing investments to reduce the risks if their investments are impacted by inflation.

wrbtrader
 
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“U.S. consumer sentiment rose markedly toward the end of March, supported by strong stock-market gains and expectations that inflation will continue to ease,” Bloomberg reports.
 
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