Post-Corona Economy
Posted: Mon Feb 14, 2022 3:59 pm
That's not a "but"... that's cause + effect.Triangle housing market: Demand at ‘all-time high’ but affordability at ‘all-time low’
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Post-Corona Economy
Posted: Tue Feb 15, 2022 9:41 am
Producer Price Index goes up way more than expected.
The only good news is that it's lower than last month's trailing twelve month rate. So things might be slowing a little.
The only good news is that it's lower than last month's trailing twelve month rate. So things might be slowing a little.
Post-Corona Economy
Posted: Tue Feb 15, 2022 3:08 pm
"He was struck by lightning, but he 'stopped breathing' "TheCatt wrote: Mon Feb 14, 2022 3:59 pmThat's not a "but"... that's cause + effect.Triangle housing market: Demand at ‘all-time high’ but affordability at ‘all-time low’
Post-Corona Economy
Posted: Tue Mar 08, 2022 4:03 pm
Post-Corona Economy
Posted: Fri Mar 18, 2022 3:04 pm
Home prices up 15% from last Feb.
Lots of people buying now are going to be underwater again when the market adjusts.
Lots of people buying now are going to be underwater again when the market adjusts.
Post-Corona Economy
Posted: Mon Mar 21, 2022 10:22 am
Disney employees walking out over new CEO.
Social BS aside, don't be surprised if there are more powerful entities enabling the people doing the walkouts. Chapek has been quite a disappointment and a major step down from Iger.
Social BS aside, don't be surprised if there are more powerful entities enabling the people doing the walkouts. Chapek has been quite a disappointment and a major step down from Iger.
Post-Corona Economy
Posted: Thu Mar 24, 2022 6:33 pm
Jobless claims lowest since 1969
Economy doing fabulously.The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic.
Jobless claims fell by 28,000 to 187,000 for the week ending March 19, the lowest since September of 1969, the Labor Department reported Thursday. First-time applications for jobless aid generally track the pace of layoffs.
The four-week average for claims, which compensates for weekly volatility, also fell to levels not seen in five decades. The Labor Department reported that the four week moving average tumbled to 211,750 from the previous week’s 223,250.
In total, 1,350,000 Americans were collecting jobless aid the week that ended March 12, another five-decade low.
Earlier this month, the government reported that employers added a robust 678,000 jobs in February, the largest monthly total since July. The unemployment rate dropped to 3.8%, from 4% in January, extending a sharp decline in joblessness to its lowest level since before the pandemic erupted two years ago.
Post-Corona Economy
Posted: Thu Mar 24, 2022 8:19 pm
Serious question: Thanks Trump? Thanks Biden? Or thanks to other people and factors because one person, even the president, really doesn't affect the economy that much?
I have noticed my stocks are climbing again after all of them being in free fall.
I have noticed my stocks are climbing again after all of them being in free fall.
Post-Corona Economy
Posted: Thu Mar 24, 2022 8:21 pm
The rule is usually the stuff that happens now is due to the stuff the previous president did 2-4 years ago.
Well, as long as the good stuff was from a dem president, and the bad stuff was a repub president. It's the opposite when it's the opposite.
Well, as long as the good stuff was from a dem president, and the bad stuff was a repub president. It's the opposite when it's the opposite.
Post-Corona Economy
Posted: Thu Mar 24, 2022 8:34 pm
I've generally said 1 year, but it depends on what was done (any major legislation, etc) done in the first year.GORDON wrote: Thu Mar 24, 2022 8:21 pm The rule is usually the stuff that happens now is due to the stuff the previous president did 2-4 years ago.
Overall, this is obviously just a rebound from the pandemic, and the president doesn't matter.
Post-Corona Economy
Posted: Fri Mar 25, 2022 3:40 pm
Post-Corona Economy
Posted: Fri Mar 25, 2022 3:53 pm
Fine, another argument for raising minimum wage.Leisher wrote: Fri Mar 25, 2022 3:40 pm 57% of U.S. households did not pay federal income tax last year.
57% = 1%?
Post-Corona Economy
Posted: Fri Mar 25, 2022 3:55 pm
Like I said the other day, it's been weaponized. That has to give people pause.
The author of that article needs to stop copying me.
Post-Corona Economy
Posted: Fri Mar 25, 2022 3:59 pm
I mean, good reason not to get into economic beds with bad actors (*cough* China *cough*)GORDON wrote: Fri Mar 25, 2022 3:55 pmLike I said the other day, it's been weaponized. That has to give people pause.
The author of that article needs to stop copying me.
Post-Corona Economy
Posted: Fri Mar 25, 2022 4:03 pm
Imagine corporations having to shift away from maximizing profits for shareholders at all costs.... and actually being forced to apply morals to their transactions. Yikes. Seriously, sounds messy.
Post-Corona Economy
Posted: Mon Mar 28, 2022 11:16 am
The story is behind a Reuter's paywall, but apparently lawmakers are potentially going to change some stock trading rules to "aid small investors".
Post-Corona Economy
Posted: Wed Mar 30, 2022 10:36 am
Post-Corona Economy
Posted: Wed Mar 30, 2022 10:54 am
That quit-hired-fired gap implies the labor force should be very close to pre-pandemic #s once March labor numbers are out.Leisher wrote: Wed Mar 30, 2022 10:36 am Job market is still nuts.
4.4M quit
6.2M hired
11.3M job openings.