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Old 03-17-2021, 06:52 AM
 
3,730 posts, read 1,598,975 times
Reputation: 3701

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that a boy Joe just keep spending like drunken sailors


Quote:

Inflation now has become the biggest “tail risk,” or outlier event, that could cause the most damage, the widely followed gauge of professional investors showed.



https://www.cnbc.com/2021/03/16/inve...vey-shows.html
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Old 03-17-2021, 10:07 AM
 
9,647 posts, read 5,576,644 times
Reputation: 8553
Did you whine about this while trump was president?
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Old 03-17-2021, 10:12 AM
 
Location: Denver, CO
32,812 posts, read 16,240,513 times
Reputation: 24466
They've been trying to hide inflation for a while now, but can't anymore due to rising energy prices, so the Fed will have to raise interest rates and slow the economy which will affect the stock market, housing market and eventually employment depending how high interest rates gave to go.
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Old 03-17-2021, 10:24 AM
 
9,647 posts, read 5,576,644 times
Reputation: 8553
Quote:
Originally Posted by Pilot1 View Post
They've been trying to hide inflation for a while now, but can't anymore due to rising energy prices, so the Fed will have to raise interest rates and slow the economy which will affect the stock market, housing market and eventually employment depending how high interest rates gave to go.
Housing market already going to be affected. Have you looked at the price of lumber lately?
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Old 03-17-2021, 10:25 AM
 
Location: America's Kakistocracy
22,206 posts, read 15,733,750 times
Reputation: 19309
Beings covid has and always had less than a one percent conditional mortality rate, that's not hard to top.

But as for investor fears... they probably should be fearing that the entire nation is going to implode financially. If black death were ravaging the nation, they probably should fear economic meltdown more than the plague in that hypothetical. The dems are committed to crashing the economy. That is a shortcut to the reset they have been having orgasms over for years.
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