Wealth Should Trickle Up, Not Down

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PLEASE tell us which Algos have deeper pockets than the physical trading desks at Saudi Aramco, Sinopec, CNPC, Exxon Mobil, Royal Dutch Shell, Kuwaiti PC, BP, Total, and Lukoil. All the Algo desks in Chicago, Greenwich, Manhattan, London, and Singapore combined wouldn’t have the capital to make up Saudi Aramco’s petty cash ledger :D:sneaky::cool:

I guess demand always drops when the SP drops, and then demand suddenly sky rockets when the SP goes up ? Lol
 
I posted in a different thread before... the CPI is about 70% accurate as the gov does have incentive to fudge.. and yes true unemployment should consider the labor participation rate, which has also been discussed in a recent thread.. was a disaster during the Obama years... but has been stead in the Trump years... but currently, there is so much work out there...

so what is the problem again.. :)

Ehh no problem, I was passive-aggressively nitpicking your use of "barely keeping up with inflation"...I contend that they're not keeping up with inflation at all.
 
it's clear as day Monetary Policy is becoming pretty useless and just sky rocketing Inflation, the world doesn't need 5-6 % a year Inflation anymore

Inflation in the US has been trending down. June 2019 was 1.65%.

Or are you averaging in Venezuela, Sudan, and Yemen ? :D:p
 
Dems are certainly not the answer but then neither is tRump - with trillion dollar budgets as far as the eye can see. Through the smoke and mirrors and twitter rants.

The media are being bamboozled by talking about his racist nonsense rather his idiotic failing policies.
"his idiotic failing policies" ... what economy do you live in ? ... what stock market do you trade/invest in ?
 
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I guess demand always drops when the SP drops, and then demand suddenly sky rockets when the SP goes up ? Lol

Indeed. This phenomena has been going of for quite some time now. How CL seems to be walking with the SP in close fashion. It is VERY annoying. Can't catch a break away from the equity market. I should start looking at cows again. Maybe THEY are decoupled from all this crap?
 
Indeed. This phenomena has been going of for quite some time now. How CL seems to be walking with the SP in close fashion. It is VERY annoying. Can't catch a break away from the equity market. I should start looking at cows again. Maybe THEY are decoupled from all this crap?

It's even worst... I like watching Marketwatch sometimes for quick overviews of all indexes

https://www.marketwatch.com/investing/index/dxy

I seen on certain occasions, the 3 indexes, Global Dow, Gold and Oil follow the EXACT same pattern just sky rocketing with a massive whale blasting everything up str8 arrow up... And I have seen many occasions of that same pattern without Gold, Oil moves in exact sync of Equities unless of news affecting it... Let's say they sign deal with Iran again, Oil will drop regardless of Equities, if Iran were to blast a tanker, it would sky rocket regardless of Equities... Python and C++ codes dictate the price of Oil, everyone knows it, not hard to figure out if you are involved in markets, proof is there daily.

Generally speaking bullish Oil is bullish equities, and bearish Oil is bearish equities... You will very rarely see either going in opposite direction unless of major news affecting Oil. Yet this guy bone SOMEHOW doesn't seem to understand that, LOL, it ain't rocket science just look at the graphs daily. He also thinks there's no Inflation... Sheep's gonna sheep
 
Not trying to argue since I am puzzled by it: I don't know, US, EU and Japan can just print their way out of debt without any ill effects like inflation, recession and unemployment? Can you explain that to us plebs, professor @tommcginnis.

You're puzzled alright. The bottom line of the post to which you're replying reads, "Borrowing is a use of credit. Credit = Debt + time. Credit *eventually* must be repayed. "MMT" be damned."
 
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