50 points does a whole lot of nothing for inflation. A whole lot of nothing. Money is already frozen, ppl are cutting back, it’s the very wealthy that don’t feel it. Small businesses get hurt too. Oil comes down, jobs come down then they cut like crazy.
I don’t get how ppl are so shocked by the market? We have nothing but issues, a war on two fronts, AI chaos, IPOs coming from big AI companies, yields high, and what else did I miss? It was never a time to be full port. Just play small, save your money from the easy times. Repeat
I do the opposite, first position, closer strike, once thesis is correct, further out, buy time, make money.
$SPCX lots of 300-500% for my puts.
Momentum trading is simple. Here are some of my key practices:
-Have a thesis and watch levels and volume to confirm your thesis
-I'd start with slightly far strike for init position
-Once levels are crack, I move to closer strikes, increase my position size at the same time
-no hesitation, no mercy
People piled into crypto yesterday, today most gains are wiped out. Trade them, don't marry them just yet. GL
To make u gay! lol who will watch anything this dipshit does in film. Auto boycott!
Yup!!
An Oil Shock Is Not an Inflation Spiral
The central question is whether the oil-price shock created by the Iran conflict is spreading into the broader economy through the supposedly dangerous “second- and third-order effects” that hawks invoke.
The theory is familiar: higher fuel costs lift transport costs, firms raise prices everywhere, workers demand offsetting wage increases, expectations become unanchored, and inflation spirals as it did in the 1970s.
That sequence is possible. But it is also a highly stylized theoretical construct, not the normal or automatic consequence of a rise in oil prices. The phrase “second- and third-order effects” is too often used as a rhetorical device to convert an observable energy shock into an assumed inflationary spiral before the evidence is actually there.
Basic macroeconomics points in the opposite direction at the outset. An oil-price spike is a negative supply and growth shock. It raises the cost of energy, lowers households’ real purchasing power, squeezes business margins, weakens discretionary consumption, and restrains real activity. It acts like a tax on growth !!
To be clear, an energy shock is a tax on growth!
The conventional implication is not that central banks should reflexively hike into the shock, but that they should distinguish a temporary relative-price change from a sustained, demand-driven, broad-based acceleration in underlying inflation.
That distinction matters in today’s PPI report. Headline producer prices were pushed higher by energy. But core PPI rose only 0.16% month over month, its second-lowest reading in a year. Final-demand services rose only 0.1%, and services excluding trade, transportation, and warehousing were flat.
Those figures do not resemble an economy in which energy costs are visibly cascading through the core price structure.
Yes, airfares rose. That is the most obvious and direct transmission channel from expensive fuel to a core-PCE-related service category. But higher airline tickets are not proof of a generalized inflation process. They are evidence that airlines charge more when jet fuel costs more.
The honest interpretation is straightforward: the Iran-related oil shock may lift headline inflation, adjust relative prices, and selectively affect a few service prices, but today’s data offer no credible evidence that it is generating the broad, persistent, self-reinforcing price and wage spiral required to justify a hawkish monetary response.
Billionaires must pay! Then they move all their assets abroad, like any rational person would. Everyone knows this but the sheep. Nothing but talk, and a PR stunt for the so called “poor”.
Sweden’s richest 46 people own more wealth than 8 MILLION Swedes combined, according to Le Monde.
46 people.
The country has 51 billionaires, roughly as many as France with about 1/7 the population.
Around 70% of its billionaires are heirs.
Sweden abolished its wealth and inheritance taxes years ago.
Now a billionaire tax is being debated ahead of the September 13 election.
That’s quite a wealth distribution for a country famous for equality…
Wild!
ABSOLUTELY FUCKING INSANE.
5 California stations have hit their diesel pumps’ pricing ceiling, according to GasBuddy.
$9.999 a gallon. Almost $2,000 for 200 gallons of fuel.
California’s statewide average is now a record $7.91, up $1.05 in just one month.
Here’s the part that worries me: U.S. diesel and heating oil inventories averaged their lowest August levels since 1982.
That’s the supply cushion we’re taking into harvest season.
Then comes winter heating demand, adding pressure on the same category of fuel…
There’s very little room for another supply disruption.