These statements about transitory inflation are bs, it is INFLATION!

FaOmVOJWQAoYqnC
 
UsualName said:
They have no choice but to accept energy inflation but Walmart noted consumers are changing preferences to less expensive items such as store brand foods or skipping higher priced items altogether. Always read Walmart’s quarterly reports. It will give you a good idea on where the lower quartile consumer is.
More...

The cure for high prices remains high prices. Was true three months ago and is true today. Consumers are changing behavior and retailers are cutting prices. This is the way. Quantitative tightening has nothing to do with it.

https://www.cnbc.com/2022/08/16/walmart-wmt-earnings-q2-2023.html

This is the correct take below. If you watch sales v profit, you’ll notice retailers are doing sales but not seeing profits because this is a supply problem. So retailers are in a crunch as consumers navigate the economy looking to reduce inflation exposure in their spending. Inflation is being cured by the consumer.

The federal reserve is only creating a recession with these needless rate hikes. The truth is they need to probably go back to easing with the dollar so strong. This is why politics has to stay out of monetary policy. It became a political football when transitory inflation lasted longer than expected amd the Fed kowtowed to politicians.

https://twitter.com/x/status/1559538216218136576
 
Last edited:
UsualName said:
The cure for high prices remains high prices. Was true three months ago and is true today. Consumers are changing behavior and retailers are cutting prices. This is the way. Quantitative tightening has nothing to do with it.

https://www.cnbc.com/2022/08/16/walmart-wmt-earnings-q2-2023.html

This is the correct take below. If you watch sales v profit, you’ll notice retailers are doing sales but not seeing profits because this is a supply problem. So retailers are in a crunch as consumers navigate the economy looking to reduce inflation exposure in their spending. Inflation is being cured by the consumer.

The federal reserve is only creating a recession with these needless rate hikes. The truth is they need to probably go back to easing with the dollar so strong. This is why politics has to stay out of monetary policy. It became a political football when transitory inflation lasted longer than expected amd the Fed kowtowed to politicians.

https://twitter.com/x/status/1559538216218136576
More...


Already seeing small clues of slowdowns in my little neck of the world and I dont expect Xmas season to be stellar at these prices. One misleading possibility is retailers can sell a little less than last year and still report good revenues because prices are so much higher....
 
You must log in or register to reply here.
Back
Top