SectionC3 Posted March 13 Posted March 13 (edited) 22 minutes ago, B-Man said: Inflation cools in first full month of Trump term ABC News, by Max Zahn Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected. Price increases slowed from a 3% inflation rate recorded in January, though inflation remain nearly a percentage point higher than the Federal Reserve's target of 2%. Egg prices, a closely watched symbol of price increases, soared 58.8% in February compared to a year ago, accelerating from the previous month. Bird flu has decimated the egg supply, lifting prices higher. https://abcnews.go.com/Business/inflation-report-set-arrive-amid-stock-slide-recession/story?id=119664371 . So it’s a beat (by .2%) on inflation, but still hot and still not a day one fix. And egg prices are soaring. Edited March 13 by SectionC3
Big Blitz Posted March 13 Posted March 13 6 minutes ago, SectionC3 said: So it’s a beat (by .2%) on inflation, but still hot and still not a day one fix. And egg prices are soaring. You're a walking community note
SectionC3 Posted March 13 Posted March 13 6 minutes ago, Big Blitz said: You're a walking community note So less soaring is something to be proud of? He was supposed to fix it on day one.
AlBUNDY4TDS Posted March 13 Posted March 13 14 minutes ago, SectionC3 said: So it’s a beat (by .2%) on inflation, but still hot and still not a day one fix. And egg prices are soaring. As long as trump is attached, yall will B word about anything. Egg prices are down by the way.
TH3 Posted March 13 Posted March 13 11 minutes ago, Big Blitz said: You're a walking community note Nothing like depressed demand to lower prices
All_Pro_Bills Posted March 13 Posted March 13 3 minutes ago, TH3 said: Nothing like depressed demand to lower prices When the government, because of some bird flu cases at the time Biden was President, orders the killing of 150 million egg laying chickens what else other than higher eggs prices would anyone expect? This is not that complicated. 1
SectionC3 Posted March 13 Posted March 13 (edited) 5 minutes ago, All_Pro_Bills said: When the government, because of some bird flu cases at the time Biden was President, orders the killing of 150 million egg laying chickens what else other than higher eggs prices would anyone expect? This is not that complicated. No kidding. But MAGA complained about it and now owns the problem. 12 minutes ago, TH3 said: Nothing like depressed demand to lower prices Speaking of depression, another bloody day today on the street. 17 minutes ago, AlBUNDY4TDS said: As long as trump is attached, yall will B word about anything. Egg prices are down by the way. Kind of like MAGA with Biden, but now there’s something legitimate to complain about. Like the self inflicted damage to the economy. Edited March 13 by SectionC3
Doc Posted March 13 Posted March 13 (edited) 1 hour ago, SectionC3 said: So it’s a beat (by .2%) on inflation, but still hot and still not a day one fix. And egg prices are soaring. Hoax. They're dropping (even more) as we speak. 1 hour ago, TH3 said: Nothing like depressed demand to lower prices Yup. If you can't afford them, don't buy them and wait until you can. Edited March 13 by Doc
stevestojan Posted March 13 Posted March 13 Remember when Drumpf said we’re going to do so much winning we’d get sick of winning? I mean, if this isn’t Winning, I don’t know what is! MAGA!!!!!!
JDHillFan Posted March 13 Posted March 13 (edited) 2 hours ago, SectionC3 said: And egg prices are soaring. By soaring you mean dropping by 15% so far in 2025. Cheaper than they were under President Brandon! In other words, hoax. https://tradingeconomics.com/commodity/eggs-us Edited March 13 by JDHillFan
stevestojan Posted March 13 Posted March 13 Wonder how much humpty dumpy would be worth in today’s dollars? That was one big ***** egg. $18k is my guess.
SectionC3 Posted March 13 Posted March 13 20 minutes ago, JDHillFan said: By soaring you mean dropping by 15% so far in 2025. Cheaper than they were under President Brandon! In other words, hoax. https://tradingeconomics.com/commodity/eggs-us Down from the all time high in March 2025 under Trump 2.0! And still up over 50% year over year! 1
JDHillFan Posted March 13 Posted March 13 8 minutes ago, SectionC3 said: Down from the all time high in March 2025 under Trump 2.0! And still up over 50% year over year! By soaring you meant dropping precipitously. Got it.
SectionC3 Posted March 13 Posted March 13 Just now, JDHillFan said: By soaring you meant dropping precipitously. Got it. Day 1 fix! Still up over 50pc year over year! Great work, MAGA!
TH3 Posted March 13 Posted March 13 21 minutes ago, 4th&long said: It’s amazing how they have bent the knee….just to stay in office. I hope it was worth it Marco….you could have been the guy to resurrect the GOP…now your just another pud. 1
Doc Posted March 13 Posted March 13 2 hours ago, SectionC3 said: Day 1 fix! Still up over 50pc year over year! Great work, MAGA! Biden said he was going to shut down the bird flu as well...
The Frankish Reich Posted March 13 Posted March 13 https://www.usbank.com/investing/financial-perspectives/market-news/stock-market-under-trump.html As of yesterday's close (before today's bad day): - S&P 500 down 3.64% since election day - down 7.1% since inauguration day Let's say your a 45 year old with a million bucks in a 401k on inauguration day, all in U.S. equities. (This is not unusual these days.) You hope to retire at 60. Congrats, you've lost $71,000. You can work an extra two years. But hey, maybe we'll have Greenland! Winning!
Doc Posted March 13 Posted March 13 20 minutes ago, The Frankish Reich said: https://www.usbank.com/investing/financial-perspectives/market-news/stock-market-under-trump.html As of yesterday's close (before today's bad day): - S&P 500 down 3.64% since election day - down 7.1% since inauguration day Let's say your a 45 year old with a million bucks in a 401k on inauguration day, all in U.S. equities. (This is not unusual these days.) You hope to retire at 60. Congrats, you've lost $71,000. You can work an extra two years. But hey, maybe we'll have Greenland! Winning! Hope to retire at 60? On $1M? LOL! Yeah, even thought it won't take (close to) 2 years for the markets to come back, you should work the extra 2 years. Actually another 5 would be smarter.
The Frankish Reich Posted March 13 Posted March 13 1 minute ago, Doc said: Hope to retire at 60? On $1M? LOL! Yeah, even thought it won't take (close to) 2 years for the markets to come back, you should work the extra 2 years. Actually another 5 would be smarter. You need to study this a little more. My example was a 45 year old planning to work 15 more years ... 1
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