Record Inflation - Way to go dipshit Biden!

[El OchoCinco]

Container ship charter rates sank to multiyear lows in June 2020 as a result of bleak carrier outlook and premature returning of chartered vessels as the coronavirus outbreak presented a major demand risk.

But as community lockdowns and social distancing unexpectedly boosted consumer spending on goods, charter rates rebounded and broke through to fresh all-time highs at the start of August, Harper Petersen & Co. data showed.

Six- to 12-month time-charter rates for a ship with a capacity of 8,500 twenty-foot equivalent units registered $105,000/d Aug. 2, a jump of more than 425% from the year-ago assessment of $20,000/d.

 

[El OchoCinco]

https://www.cnbc.com/2021/08/27/key...o-tie-biggest-jump-since-the-early-1990s.html

Key inflation gauge rises 3.6% from a year ago to tie biggest jump since the early 1990s

The Fed has viewed inflation pressures this year as largely the result of temporary pressures, though officials in recent days have conceded that the situation may last longer than originally thought

If you can dive in deeper to the data you can find that the global economies reopening with srges in demand met with a logistics explosion in costs is behind it and will continue in 2022. Xmas is going to have some low inventories and usual demand because companies cannot get prodcuts from Asia and we are almost at the end of the shipping window (2 month lead time minimum needed).

We will not see any let up until 1Q2022 at the earliest....get ready for inflation and maybe a fed rate hike which will turn this boom into a mini burst.

 

[El OchoCinco]

Fears over rising prices in the US have gripped markets, with investors fearing that pent-up demand and supply chain bottlenecks would create inflationary pressures, forcing central bankers at the Federal Reserve to slow their stimulus programme.




My advice is to look for inflationary hedges as investments because this will continue for many months and your guess is as good as mine as what the FED will do....raise rates and kill the stock market to protect inflation.....tough corner to be in.

More people will be returning to work if we dont DELTA VARIANT ourselves into a corner and more people are looking at shortages and will want to spend more money until it breaks.

PERSONALLY I loaded up in stocks in APR - JUNE 2020 and made a killing and now wondering how to start hedging off oil plays and other stocks that boomed. DOnt want to sell and pretend to time this right but I am concerned..

Open for suggestions.

 

[tsznecki]

Fears over rising prices in the US have gripped markets, with investors fearing that pent-up demand and supply chain bottlenecks would create inflationary pressures, forcing central bankers at the Federal Reserve to slow their stimulus programme.

My advice is to look for inflationary hedges as investments because this will continue for many months and your guess is as good as mine as what the FED will do....raise rates and kill the stock market to protect inflation.....tough corner to be in.

More people will be returning to work if we dont DELTA VARIANT ourselves into a corner and more people are looking at shortages and will want to spend more money until it breaks.

PERSONALLY I loaded up in stocks in APR - JUNE 2020 and made a killing and now wondering how to start hedging off oil plays and other stocks that boomed. DOnt want to sell and pretend to time this right but I am concerned..

Open for suggestions.

I sold. I was looking at collaring it off, but some of it was pure garbage long term. I'll take the tax hit. Sure stuff like financials should still rise, but I thought it might be dead money if I got the macro inflation thesis wrong.

Good luck.

 

[El OchoCinco]

I sold. I was looking at collaring it off, but some of it was pure garbage long term. I'll take the tax hit. Sure stuff like financials should still rise, but I thought it might be dead money if I got the macro inflation thesis wrong.

Good luck.

My whole oil sector starting to feel topped out but they all pay dividends... I spread it around into many others that surged nicely and question is do they temporarily plateau or give back most of their gains. I started buying some inverse etfs as hedges and now going to look for.some other hedges.

I dont see any recession obviously but fed uncertainty could simply cause some wild swings while we still drift higher for another year.

Economic demand has not come close to slowing down and we could see oil creep to $80 next year when we are all flying and driving. Airlines still look good as do solid oil companies.

Might start value hunting on next correction

 

[El OchoCinco]

Graph below is soybean oil.... Right now at historic levels not seen since maybe 2007 market spike.

As of Jan 1st 2021, soy bean oil was already at a 7 year high before continuing its current run. the spike in prices started right after the COVID crash and world demand began to increase and then over take supply.

Again.... to blame inflation on Biden is just narrow political bias without facts. Also if you feel presidents really control it, the prices started spiking all throughout 2020 and not a peep about trump so stop the president blaming for economic shit.

The spike in commodity prices along with spiking logistics pricing is pushing the price of everything higher... and if you see below it has nothing to do with which crusty vag sitting in the white house

 

[Ricter]

Again.... to blame inflation on Biden is just narrow political bias without facts. Also if you feel presidents really control it, the prices started spiking all throughout 2020 and not a peep about trump so stop the president blaming for economic shit.

I believe really he's just trolling libs for harmless lolz.

 

[WeToddDid2]

Inflation my butt hurts.

Way to go Biden! A $3.5T spending package should help you idiot!

https://www.cnbc.com/2021/09/10/aug...n-annual-basis-biggest-advance-on-record.html

Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago

• The producer price index increased 0.7% in August from a month ago, above the 0.6% Dow Jones estimate.
• Final demand prices rose 8.3% from a year ago, the biggest increase on record going back to 2010.
• The move showed that inflationary pressures are likely to persist.

 

[Cuddles]

Again.... to blame inflation on Biden is just narrow political bias without facts. Also if you feel presidents really control it, the prices started spiking all throughout 2020 and not a peep about trump so stop the president blaming for economic shit.

The spike in commodity prices along with spiking logistics pricing is pushing the price of everything higher... and if you see below it has nothing to do with which crusty vag sitting in the white house



View attachment 267592

strategic talking points to kill 3.5T to douse reconciliation. Oddly enough, I don't remember "inflation talks" from the usual suspects during the CARES act.

 

[jem]

If you are not talking about the trillions created by the FED ...expanding the money supply...you are missing the vast majority of systemic inflation and indirectly a massive progressive tax on those who do not get their money from the govt or have substantial assets. Which inflate. Even then the gains get taxed.


If the federal govt borrows the money it spends...it should not create large devaluation in the dollar...isn't that the reason a sovereign would borrow its own money.