Larry Ellison is now richer than Elon Musk.
Guess he should've taken the whole shaft and not just the š tip.
This fucking crash is going to be W I L D.
Well, I have consistently said over the year if it“s not in the data it“s not in the data, only to be proven wrong in the end by the observation that the data was flawed. Today I can“t. That "surprise" drop of PPI just when the Don orders inflation to be down and the FED is looking at a rate cut and the BLS head has been replaced and an "investigation" into BLS practices has started does not sit well with me. It stinks. It strongly feels like the BLS has become the BLBS. And if I am right we are now flying blind into a thunderstorm. You just can“t contain inflation when the economic data is shaped to the gut feelings of an autocrat.
For the stock market for now this obviously means it can go on a tear. No puny economic facts are going to get in the way anymore and the race to rate cuts is in full swing.
Yes, it“s possible for bumps to happen. It may be an aborration. But I am not buying this one. Not without some more convincing reasoning.
We“ll see the CPI tomorrow. I“d no longer be surprised if it was down to 2.5 % yoy miraculously.
i'm too weak to move. please come near. i need to share something private about myself and i only trust you. >!i haven't 69'd my gf for a very long time and i would like to!<