Posted by DigiNomad on 3rd of May 2024 at 10:23 am
Powell after a 59 on prices and 49 on what
amounts to growth (PMI) - "I was alive during the last stagflation.
You guys don't know what you're talking about! You're being
ridiculous." It's actually his job to gaslight the global
population because perception leads to reality a lot of times in
the econ world, but the constant gaslighting by the media for
political reasons is inexcusable.
I watched a pod last night where the guy made the case that
the media continually saying everything is great when it's clearly
not is leading to a massive and persistent rise in Marxism. He made
a very good case (Eurodollar University). In other words, maybe
people aren't smart enough to know why JPOW and the media are
wrong, but everyone has this sense they are being gaslit simply
because of their personal experiences in the economy. This leads
them to despair about a system where apparently everything is great
but they're not great, which leads them to Marxism.
USA ISM Non-Manufacturing Prices For April 59.2 Vs 55.0 Est.;
53.4 Prior
USA ISM Non-Manufacturing PMI For April 49.4 Vs 52.0 Est.;
51.4 Prior
USA ISM Non-Manufacturing Prices For
Posted by steve on 3rd of May 2024 at 10:01 am
USA ISM Non-Manufacturing Prices For April 59.2 Vs 55.0 Est.; 53.4 Prior
USA ISM Non-Manufacturing PMI For April 49.4 Vs 52.0 Est.; 51.4 Prior
Powell after a 59 on
Posted by DigiNomad on 3rd of May 2024 at 10:23 am
Powell after a 59 on prices and 49 on what amounts to growth (PMI) - "I was alive during the last stagflation. You guys don't know what you're talking about! You're being ridiculous." It's actually his job to gaslight the global population because perception leads to reality a lot of times in the econ world, but the constant gaslighting by the media for political reasons is inexcusable.
I watched a pod last night where the guy made the case that the media continually saying everything is great when it's clearly not is leading to a massive and persistent rise in Marxism. He made a very good case (Eurodollar University). In other words, maybe people aren't smart enough to know why JPOW and the media are wrong, but everyone has this sense they are being gaslit simply because of their personal experiences in the economy. This leads them to despair about a system where apparently everything is great but they're not great, which leads them to Marxism.
USA ISM Non-Manufacturing Prices For April 59.2 Vs 55.0 Est.; 53.4 Prior
USA ISM Non-Manufacturing PMI For April 49.4 Vs 52.0 Est.; 51.4 Prior
One good, one bad...net effect
Posted by shellson2 on 3rd of May 2024 at 10:03 am
One good, one bad...net effect here?
That pretty much defines stagflation,
Posted by DigiNomad on 3rd of May 2024 at 10:38 am
That pretty much defines stagflation, but don't say it out loud around anyone with a political agenda :)
https://www.youtube.com/watch?v=Yk257jac_3Q
Weak PMI and Higher Prices
Posted by steve on 3rd of May 2024 at 10:06 am
Weak PMI and Higher Prices on the ISM Non-Mfg - thus a quick pull