Negative GDP tomorrow?

Quote from Susannah:
It's funny that almost everyone knows the numbers are manipulated and yet it still has an effect on the market. Guess it's got to have some excuse to move.
You have to realize that only the "Elite" traders here on the board know the truth of manipulated CPI and GDP. The rest of the investment world are the sheep blindly buying into the government lies.
 
So you don't think there is any inflation?

Why am I paying $5 bucks for a bag of bagels then?

Quote from makloda:

You have to realize that only the "Elite" traders here on the board know the truth of manipulated CPI and GDP. The rest of the investment world are the sheep blindly buying into the government lies.
 
Technical Analysis says the trend is up, not even at near term resistance, we have pulled back.

Let's see if there's any value on this bullshit we call TA :D

NN
 
Quote from mazaltov:
So you don't think there is any inflation?

Why am I paying $5 bucks for a bag of bagels then?
It doesn't matter what I think. All that matters to me is that the market (10y TIPS vs. 10y treasury spread) prices in annual inflation expectations of 2.5% annualized over the next 10 years.

I'll start worrying about inflation when the market does, not when retail investors and financial journalists are whining about 'rampant inflation'.
 
TIPS uses CPI though. So it's an annual expectation of government reported CPI, which has nothing to do with the real inflation rate.
 
Quote from NakedNote:

Technical Analysis says the trend is up, not even at near term resistance, we have pulled back.

Let's see if there's any value on this bullshit we call TA :D

NN

All we need is a 200 point down day to destroy our uptrend.
 
Oh right, the 'real' inflation rate. My bad. 'Actual' inflation is closer to 10% a month. How could I forget.

I wonder why all the trillions of dollars in institutional money is following CPI at all? Why aren't they as street smart as ET traders?
 
Quote from makloda:

Oh right, the 'real' inflation rate. My bad. 'Actual' inflation is closer to 10% a month. How could I forget.

I wonder why all the trillions of dollars in institutional money is following CPI at all? Why aren't they as street smart as ET traders?

institutional money is not smart money...
 
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