Is Biden really that bad?

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Fogdog

Well-Known Member
Financial analysts are really liking what they are seeing:


CPI = Consumer Price Index
  • "The July CPI report is a welcome relief for the economy. Markets seem to agree, based on the initial positive response of risk assets to the report. The Fed's forecast of a soft landing would be greatly improved if we see continued declines in core goods – particularly durables such as new and used cars and household furnishings –and a further slowdown in shelter inflation. We think this report is consistent with our forecast of a 50-basis-point [a basis point is one-one hundredth of a percentage point] hike in September. This morning's data confirms that we have seen a peak in inflation and endorses our view that peak Fed hawkishness is likely behind us." – Aditya Bhave, U.S. and global economist at BofA Securities
  • Unlike the previous two CPI reports, today's CPI release provides some welcome news for members of the FOMC. That said, monetary policymakers have made clear that they need to see clear evidence of a sustained slowdown in inflation before pivoting on monetary policy. To that end, core CPI is still up 5.9% year-over-year and has grown at a 6.8% annualized pace over the past three months. In our view, it will take several more soft inflation prints before the FOMC begins to feel confident that it is getting price pressures in check. At least a 50-basis-point (bp) rate hike at the September FOMC meeting remains the most likely outcome." – Sarah House, senior economist at Wells Fargo Economics


While the stock market is not a good indicator of the economy, it IS a good indicator of the sentiment of investors. The S&P500 index is up 4% from a week ago.

@BigMP
 

CunningCanuk

Well-Known Member
Financial analysts are really liking what they are seeing:


CPI = Consumer Price Index
  • "The July CPI report is a welcome relief for the economy. Markets seem to agree, based on the initial positive response of risk assets to the report. The Fed's forecast of a soft landing would be greatly improved if we see continued declines in core goods – particularly durables such as new and used cars and household furnishings –and a further slowdown in shelter inflation. We think this report is consistent with our forecast of a 50-basis-point [a basis point is one-one hundredth of a percentage point] hike in September. This morning's data confirms that we have seen a peak in inflation and endorses our view that peak Fed hawkishness is likely behind us." – Aditya Bhave, U.S. and global economist at BofA Securities
  • Unlike the previous two CPI reports, today's CPI release provides some welcome news for members of the FOMC. That said, monetary policymakers have made clear that they need to see clear evidence of a sustained slowdown in inflation before pivoting on monetary policy. To that end, core CPI is still up 5.9% year-over-year and has grown at a 6.8% annualized pace over the past three months. In our view, it will take several more soft inflation prints before the FOMC begins to feel confident that it is getting price pressures in check. At least a 50-basis-point (bp) rate hike at the September FOMC meeting remains the most likely outcome." – Sarah House, senior economist at Wells Fargo Economics


While the stock market is not a good indicator of the economy, it IS a good indicator of the sentiment of investors. The S&P500 index is up 4% from a week ago.

@BigMP
 

DIY-HP-LED

Well-Known Member
Financial analysts are really liking what they are seeing:


CPI = Consumer Price Index
  • "The July CPI report is a welcome relief for the economy. Markets seem to agree, based on the initial positive response of risk assets to the report. The Fed's forecast of a soft landing would be greatly improved if we see continued declines in core goods – particularly durables such as new and used cars and household furnishings –and a further slowdown in shelter inflation. We think this report is consistent with our forecast of a 50-basis-point [a basis point is one-one hundredth of a percentage point] hike in September. This morning's data confirms that we have seen a peak in inflation and endorses our view that peak Fed hawkishness is likely behind us." – Aditya Bhave, U.S. and global economist at BofA Securities
  • Unlike the previous two CPI reports, today's CPI release provides some welcome news for members of the FOMC. That said, monetary policymakers have made clear that they need to see clear evidence of a sustained slowdown in inflation before pivoting on monetary policy. To that end, core CPI is still up 5.9% year-over-year and has grown at a 6.8% annualized pace over the past three months. In our view, it will take several more soft inflation prints before the FOMC begins to feel confident that it is getting price pressures in check. At least a 50-basis-point (bp) rate hike at the September FOMC meeting remains the most likely outcome." – Sarah House, senior economist at Wells Fargo Economics


While the stock market is not a good indicator of the economy, it IS a good indicator of the sentiment of investors. The S&P500 index is up 4% from a week ago.

@BigMP
Unfortunately reality seems to becoming less of a factor for some people, but it is becoming more of one for women. For many Biden can't do anything right, but then again they thought Trump couldn't do any wrong. They no longer mention gas prices though and food prices appear to be coming down (here too). There's 80 days to go and the republicans are sailing into the perfect storm for the midterms, with Donald causing mutiny among the crew and trying to sink the ship. Many don't want competent, responsible government run by professionals, they want something else, they have a fuzzyheaded greater cause.
 

DIY-HP-LED

Well-Known Member

Hayes: Yes Kevin McCarthy, We Are Better Off Now Than Two Years Ago
36,127 views Aug 16, 2022 Last week, Kevin McCarthy asked the classic opposition party question: Is America better off today than they were two years ago? “The answer is pretty obviously yes,” says Chris Hayes, discussing the Biden administration’s achievements.
 

hanimmal

Well-Known Member

Hayes: Yes Kevin McCarthy, We Are Better Off Now Than Two Years Ago
36,127 views Aug 16, 2022 Last week, Kevin McCarthy asked the classic opposition party question: Is America better off today than they were two years ago? “The answer is pretty obviously yes,” says Chris Hayes, discussing the Biden administration’s achievements.
I saw that earlier, it was a wtf moment if there ever was one out of that idiots mouth.
 

injinji

Well-Known Member
Who is the terrorist party that invades peoples homes without reason? . . . . . . . . . The latest witch hunt against Donald trump must not be going so well, they needed to dig up another needle in a haystack. Silly democrats, they got nothing on Trump. ALL THEY DO IS MAKE SHIT UP.
100% true. trumpf declassified those top secret nuclear documents before he stole them.
 

injinji

Well-Known Member
Why on earth are democrats fleeing Joe??? Maybe it’s just coincidence. You’re cooked and just don’t know it yet. I love you all!! You make defeating y’all so much more pleasant. Lol
The blue team were set to take a beating in the midterms. Not for anything President Joe Rob has done, but just because for first termers, the party in power always takes a beating in midterms. But our GOP friends have thrown us a line. First with the roe vs wade reversal. Then voting against vets with cancer, then voting against Americans with diabetes. Then declaring war on law enforcement because trumpf can't help himself when it comes to stealing cool things.

So yea, there may be some red gains in the midterms, but nothing like it would have been if the GOP had just sat quietly in their basements.
 

Roger A. Shrubber

Well-Known Member
How old ARE you? 9? I like the way you use pictures, you’ve finally got past the crayon stage. That gives me hope. Trump will never be convicted of anything, just like all your other trash you keep hoping but somehow or another he slips away…. Why do you think that is? LOL!
If you actually mean this shit...What is it that convinces you that trump isn't a criminal? How many strange coincidences are people supposed to believe?
Documents can't be declassified by presidential decree, without going through a process, that was never gone through...They were documents that were meant to remain in a secured facility, not a pool house.
The man started out kicking old people out of their rent controlled apartments so he could build condos for rich white people, he's failed at practically every thing he's ever done, he's crass, rude, and openly, brazenly disrespectful of the law of the land, and the Constitution.
He promised to drain the swamp, but became the biggest leech in the swamp.
He's done nothing he promised to do, except pass tax cuts for rich people.
so, really, no hate...explain to me how you see his behavior as different? i don't mean talk about a weaponized justice department, or what Biden did..tell me what trump was doing with those documents...really...he KNEW what the markings meant, why did he take them to begin with? why didn't he return all of it when he was asked to? homework? really? marked TS/SCI ?...mementos? let's not even go there...
i guess i'm just seeing if you're a real person or just a hate bot...? or maybe both?
 
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