Inflation heats up, stocks tumble

Discussion in 'Politics' started by Magoo, Feb 14, 2018.

  1. Magoo

    Magoo You don't have to be Einstein to figure it out

    Messages:
    21,797
    Likes Received:
    5,514
    https://finance.yahoo.com/news/inflation-heats-stocks-tumble-134723028.html
    Consumer prices rose more than expected in January, sending Treasury yields higher and stock futures lower on Wednesday morning.

    Markets on Wednesday were taking this as a sign that inflation pressures may indeed be perking up in the economy, re-kindling market worries that surfaced earlier this month about an overheating economy. Fears over inflation pressures, and in turn more aggressive interest rate hikes from the Federal Reserve, was seen as the initial impetus for the stock market sell-off that roiled markets last week.
     
  2. Rastus

    Rastus ..What Goes Around Comes Around.. AD-FREE USER

    Messages:
    17,867
    Likes Received:
    14,094
    DJIA opened Jan 02, 2018 at 24,719.22, Dow “Joans” right now is 24,700.
    Time to head for the nearest ledge investors.
     
  3. Magoo

    Magoo You don't have to be Einstein to figure it out

    Messages:
    21,797
    Likes Received:
    5,514
    A small item on the news the other day was a mention that the default rate on home mortgages is increasing.
    Don't know how significant this may be or if we are ignoring the elephant in the room.
    Could be something to look at
     
  4. Rastus

    Rastus ..What Goes Around Comes Around.. AD-FREE USER

    Messages:
    17,867
    Likes Received:
    14,094
    Stock market is above where it was on Jan.1 2018.
     
  5. Bubba74

    Bubba74 Well-Known Member

    Messages:
    14,624
    Likes Received:
    10,084
    with low unemployment, the demand for workers will cause wages to rise
    when the expense of workers rise the cost of goods goes up
    thus you get a little inflation
    this is how a market works
    vs
    we want $15 and you will give it to us
    what we have been replaced by the BurgerMaster 3000
     
    Rastus likes this.
  6. a9faninnc

    a9faninnc Super Moderator Staff Member

    Messages:
    11,840
    Likes Received:
    9,480
    All economic indicators are good.Bammers artificial economy coming to an end.
     
    Northern Flash and Rastus like this.
  7. Rastus

    Rastus ..What Goes Around Comes Around.. AD-FREE USER

    Messages:
    17,867
    Likes Received:
    14,094
    I prefer the burgermaster.
     
  8. SuperCourse

    SuperCourse Well-Known Member

    Messages:
    9,047
    Likes Received:
    7,696
    [​IMG]
     
    Rastus likes this.
  9. SuperCourse

    SuperCourse Well-Known Member

    Messages:
    9,047
    Likes Received:
    7,696
  10. Rastus

    Rastus ..What Goes Around Comes Around.. AD-FREE USER

    Messages:
    17,867
    Likes Received:
    14,094
    Bubba74 likes this.
  11. Magoo

    Magoo You don't have to be Einstein to figure it out

    Messages:
    21,797
    Likes Received:
    5,514
    In 29 of our States Truck Driving is the major employment area.
    Whats to happen when automation takes over?
    You know its coming, maybe you will be retirement age if your 50 -ish now but the younger people are hosed.
     
  12. Magoo

    Magoo You don't have to be Einstein to figure it out

    Messages:
    21,797
    Likes Received:
    5,514
  13. Northern Flash

    Northern Flash They will make you look foolish. AD-FREE USER

    Messages:
    40,596
    Likes Received:
    15,242
    Newsflash:
    The market had another good week. So it's back to Obama's market again.
     

Share This Page