i'm done for the day fellas...i'm up $11 on door dash and $3,864.70 trading the stonk market today. how did u guys do today?
US CPI Prep
- Thread starter TrAndy2022
- Start date
Put a sidecar on your Vespa so you and EasyMon1 can doordash together.
Uh-oh. Tomorrow 5/11/23 is unemployment report at 8:30 am est. We get to do this all over again. Let’s get that bread tomorrow fellas.
Thursday unemployment numbers don't move the needle much. The PPI will though.
right. Both reports are coming out at the same time tomorrow. And it is gonna be volatile.
There, made it simpler for y'all to understand. Nothing matters until summer when the recent rate hikes really start showing up affecting the broader economy.
Not sure about that considering that today's market reaction has been quite meh even with the CPI data that's usually quite market-moving that's come out. I dunno about the PPI and the unemployment claims data tomorrow that are usually not as market-moving. The IV for both the SPX and NDX options expiring tomorrow is horrendously low.
With the shrinkflation that's so prevalent nowadays, not sure if the posted inflation rate "going back to normal" represents a lowering of the price level.
Rents aren't going down in the SF Bay Area that's for sure. House building stocks are near all time high -- just look at KBH, NVR, BLDR, etc. How are rents going to fall with rampant NIMBYism all over the cities in this country? The political class has no motivation whatsoever to end the real estate bubble. Even on CNBC they talk about housing as a positive only when the price goes up. That's all you need to know about this issue.
America's future is like Australia, New Zealand & Canada in terms of housing -- endless housing inflation until the West collapses. Just peruse themickey's thread about Australia's problem.
America's future is like Australia, New Zealand & Canada in terms of housing -- endless housing inflation until the West collapses. Just peruse themickey's thread about Australia's problem.
Not matter? Tell that to Vinny, LOL.
You are a hodler?