Powell once again saying inflation is soft! What a damn joke!

Discussion in 'Wall St. News' started by S2007S, Feb 23, 2021.

  1. themickey

    themickey

    If inflation is soft Powell could rub it.
     
    #31     Feb 24, 2021
  2. Boy this has spiraled downward.... Inflation is theft!
     
    #32     Feb 24, 2021
  3. bone

    bone

    Show me your convincing data-point inflation metrics, and I'll short Treasuries outright.

    Until then, this is your one millionth post on the stock market.

    It is what it is. You trade the market in front of you, not the one you fantasize about.

     
    #33     Feb 24, 2021
    cdcaveman likes this.
  4. I'm a inflation doomsdayer to but I'm right with you it's hard to keep that disposition out of my trading decisions
     
    #34     Feb 24, 2021
  5. tsznecki

    tsznecki

    2.25% on 30 year isn't enough? You've missed the short Treasury boat. You're a trader? LOL
     
    #35     Feb 24, 2021
  6. bone

    bone

    Without a tight labor market it hasn't moved the Fed. In fact, the Fed sees more risk from low inflation.

    Here's an excerpt from the Jan 2021 FOMC Minutes:
    “Participants generally viewed the risks to the outlook for inflation as having become more balanced than was the case over most of 2020, although most still viewed the risks as weighted to the downside".

     
    #36     Feb 24, 2021
  7. themickey

    themickey

    Think of markets like a religion.
    Filled both with believers and naysayers. The believers listen to talking heads and believe their nonsense.
    The naysayers wont listen to talking heads but believe in their TA.
    Lots of propoganda, myths and marketing in trading, the whole industries thrives on misinformation.
    A home for cultists to have strong opinions, and if thats not enough, head over to the politics forum to spout more wild theories. :)

    Yup, the markets are like churches, if you're a Baptist, will you listen to a Catholic? No!
    If you are a TA guy, gonna listen to a fundamentalist? No!
    If bullish will you listen to bears? Prolly not, but swingers are like agnostics, don't have strong opinions one way or the other and will jump in bed whichever way.
     
    #37     Feb 24, 2021
    yc47ib likes this.
  8. tiddlywinks

    tiddlywinks

    #38     Feb 24, 2021