Already-hot inflation is forecast to climb even further when November data comes out on Friday, to 6.8%. That would be the highest rate since Ronald Reagan was president in the early 1980s -- and in the lifetimes of most Americans.
You can also look at advance to decline ratios. Pretty out of whack as of late.
Could Cramer be any more detached from reality?
your house is worth 20-50% more as opposed to the opposite, so you get to pay more personal property tax. you got that going for you.Strange, because this feels like the worst economy of my lifetime. Definitely worse than the tech crash, and I think because of the inflation and long duration, worse than the Great Recession.
Take the stock market out of it and nothing looks like it's going well. Heck, just the fact that grocery stores are running out of items makes this worse than 2008 to me.
you got that going for you
True, although my dollars are also worth 20-50% less, so maybe it's a wash?your house is worth 20-50% more as opposed to the opposite, so you get to pay more personal property tax. you got that going for you.
That was Jackie TreehornSanrith Descartes it was you that bought a bunch of physical silver ya? Where'd ya get it?
You're buying into the media's bullshit. I've yet to see a single grocery store that's short of anything.Strange, because this feels like the worst economy of my lifetime. Definitely worse than the tech crash, and I think because of the inflation and long duration, worse than the Great Recession.
Take the stock market out of it and nothing looks like it's going well. Heck, just the fact that grocery stores are running out of items makes this worse than 2008 to me.
Yeah that was me.Sanrith Descartes it was you that bought a bunch of physical silver ya? Where'd ya get it?
Yeah that was me.
JM bullion is good, SD bullion is good. Then some bought locally.
Do you actually go to the grocery store? The only way your statement makes sense is if you just don’t go so technically you never do see it.You're buying into the media's bullshit. I've yet to see a single grocery store that's short of anything.