Originally Posted by scho66:
In my case the most profitable thing was when we switched our business to this service. Believe me it is worth every single dollar.
Thanks for sharing. If I got it right it is about digitizing the business processes, isn't it? [Reply]
Originally Posted by scho63:
The Fed has fucked up royally because of political pressure and now the horse has left the barn.
When that asshole Powell and Yellen said that inflation was transitory, they all knew they were lying. Even all the media and politicians on the left started that chant and now it's going to get ugly, real fucking ugly.
I've felt like we're seeing too much inflation and wage growth to ignore for a bit.
The market still thinks it's transitory though. Bonds are typically considered the smart money, and breakevens for the 10 year are at about 2.4% inflation annually. Given next year is going to start and probably stay fairly high, I'd think it's going to need to drop down fast for that to be possible.
Originally Posted by ChiliConCarnage:
I've felt like we're seeing too much inflation and wage growth to ignore for a bit.
The market still thinks it's transitory though. Bonds are typically considered the smart money, and breakevens for the 10 year are at about 2.4% inflation annually. Given next year is going to start and probably stay fairly high, I'd think it's going to need to drop down fast for that to be possible.
I guess we'll find out.
You got a great point with the bonds but I wonder if there is a bigger issue there. Are people concerned about the value of the dollar vs their currency as so many US Treasury buyers are outside the US. Mainly the Chinese [Reply]