Rants and Raves

[TreatHerWell]

Anyone else notice that huge push to get the booster, millions got it and now here we are with another wave of the virus? Another variant? It's almost like they injected the variant into everyone so we can all enjoy another wave of it spreading to everyone. Hmm.

[Parrot Scope]

Didn't that liar claim to "forgive," "excuse," or "reduce" student loan depth?

That was the main reason millennials voted for him, besides the hatred for trump of course.

[ComTech42]

Ignore the huge increase in gas prices (yes, they are starting to come down a bit).

Ignore the increased COVID deaths.

I am waiting for some positives about Oldman Joe. What positive thing has he accomplished?

As for my investment strategy? I can afford to be aggressive and expect big returns to draw out but it looks like not this year in December. He has this country in utter turmoil and Putin laughing his a $$ off at us.

In all his time on the public dole he has nothing to show for it EXCEPT the millions he has made for himself.

[Sgt Lurker]

Ignore the huge increase in gas prices (yes, they are starting to come down a bit).

Ignore the increased COVID deaths.

I am waiting for some positives about Oldman Joe. What positive thing has he accomplished?

As for my investment strategy? I can afford to be aggressive and expect big returns to draw out but it looks like not this year in December. He has this country in utter turmoil and Putin laughing his a $$ off at us.

Mine went down by 1.5% in November but also increased by 5% (4. 98% to be exact) in October. YTD I am at +13.9% which isn't anything to sneeze at and pretty much covers the Biden administration. A couple of thoughts: 1) Are only the bad things that happen be attributed to the current administration or do they get get credit for the positive ones as well? 2) Have you considered that your investment strategy may be a bit on the aggressive side? Maybe consider some down-market protection. 3) Or, like another prominent fear-monger here, are you only interested in those data points that support your preconceived notions, ignoring those that do not?

[TreatHerWell]

I honestly can't believe why 'all are still going at it with each other.

LOL I can't either- this truly is the rants and raves section!

[ComTech42]

Trump spent as much as Obama in half the time.

O mama and Trump. Stop changing the subject.

[RedneckStud]

Monetary policy hasn't changed in 12 years. What is this lag you tell others to read up on?

It did take years but Volker killed inflation by raising the Fed rate which led to the 15% mortgages. Latest CPI numbers came in highest in 30+ years when mort rates were only at 10%. PPI out today showed largest yoy increase in history. Imagine what 15% mortgage rate is going to do to this country.

Inflation is global because all central banks in developed countries are keeping rates artificially low and monetizing debt. Biden's fiscal policy is making it worse and it's going to get worse. $2.5 trillion to Build Back Better? PPI highest on record? But Orangeman sent mean tweets

Trump spent as much as Obama in half the time.

[Bullett64]

My IRA grew -5% in the past month (yes, negative 5%.

Mine went down by 1.5% in November but also increased by 5% (4. 98% to be exact) in October. YTD I am at +13.9% which isn't anything to sneeze at and pretty much covers the Biden administration. A couple of thoughts: 1) Are only the bad things that happen be attributed to the current administration or do they get get credit for the positive ones as well? 2) Have you considered that your investment strategy may be a bit on the aggressive side? Maybe consider some down-market protection. 3) Or, like another prominent fear-monger here, are you only interested in those data points that support your preconceived notions, ignoring those that do not?

[Aaron Hamlet]

You're smoking something really good. Care to share? You need to read up on monetary policy and lag time.

I was selling real estate in 1988 and remember mortgages going for abot 17%. No. , interest rates did not drop almost overnight.

Monetary policy hasn't changed in 12 years. What is this lag you tell others to read up on?

It did take years but Volker killed inflation by raising the Fed rate which led to the 15% mortgages. Latest CPI numbers came in highest in 30+ years when mort rates were only at 10%. PPI out today showed largest yoy increase in history. Imagine what 15% mortgage rate is going to do to this country.

Inflation is global because all central banks in developed countries are keeping rates artificially low and monetizing debt. Biden's fiscal policy is making it worse and it's going to get worse. $2.5 trillion to Build Back Better? PPI highest on record? But Orangeman sent mean tweets

[Sgt Lurker]

Ffs.

1. https://www.reuters.com/business/ene...ty-2021-12-06/.

We WERE oil independent before Mighty Joe took over.

2. Are you retiring next week? Funny how you don't mention how your IRA grew over the past 10 months.

I have been semi-retired for 4 years and now must start earning more $$.

3. Inflation is a global problem. Please read up on the lag between monetary policy and inflation.

Weren't you the one who said the growth in the market under President Trump showed no bearing on his leadership? I have also divested into more international funds which have shown great growth.

4. Blame the stupid fucks for not getting vaccinated.

Clot shot has nothing to do with it! It has a lot to do with stupid government overreach preaching a new form of discrimination and segregation! You have no less risk catching it from a person with the shots as you do those without the shots.

Please feel free to continue.

My many years of service does entitle me to the 1st Amendment of speaking my mind.

Here are some accomplishments:

1. Gas prices up over 30%.

2. My IRA grew -5% in the past month (yes, negative 5%.

3. I am getting a 5. 9% pay raise due to inflation instead of growth.

4. More COVID deaths in 2021 than in 2020.

Shall I continue?

[RedneckStud]

Here are some accomplishments:

1. Gas prices up over 30%.

2. My IRA grew -5% in the past month (yes, negative 5%.

3. I am getting a 5. 9% pay raise due to inflation instead of growth.

4. More COVID deaths in 2021 than in 2020.

Shall I continue?

Ffs.

1. https://www.reuters.com/business/ene...ty-2021-12-06/.

2. Are you retiring next week? Funny how you don't mention how your IRA grew over the past 10 months.

3. Inflation is a global problem. Please read up on the lag between monetary policy and inflation.

4. Blame the stupid fucks for not getting vaccinated.

Please feel free to continue.

[PeteAppleSeed]

Here are some accomplishments:

1. Gas prices up over 30%.

2. My IRA grew -5% in the past month (yes, negative 5%.

3. I am getting a 5. 9% pay raise due to inflation instead of growth.

4. More COVID deaths in 2021 than in 2020.

Shall I continue?

I'm not a political person at all, I have no party.

But let me offer just some harmless opinions.

Gas prices are OPEC / supply and demand, not old Joe.

Your IRA is a whole lot of factors in the market, many independent companies, in several countries sometimes and even your fund manager, not Joe.

Your pay raise is an affair between your employer and you, in regards to your particular industry only, not Joe.

COVID deaths are higher but analysts say this is caused mainly due to the politicization of the pandemic. Not Joe.

Back when Donald was president I didn't blame everything on him and I don't blame everything on Joe either.

That would be a cop out. Its easy to blame the current mandatary for everything.

All leaders do good and bad things but they do not control everything.

It is also very easy and dangerous to fall into cognitive bias when you're purposely trying to find info to support your preexisting beliefs.

And before anyone snaps back at me please please please read the last statement carefully.

"It is also very easy and dangerous to fall into cognitive bias when you're purposely trying to find info to support your preexisting beliefs."

[Sgt Lurker]

Here are some accomplishments:

1. Gas prices up over 30%.

2. My IRA grew -5% in the past month (yes, negative 5%.

3. I am getting a 5. 9% pay raise due to inflation instead of growth.

4. More COVID deaths in 2021 than in 2020.

Shall I continue?

[RedneckStud]

Inflation in the US is a reaction to Biden's money policies not European money policy. When Reagan took over from Carter inflation and interest rates went down almost over night.

You're smoking something really good. Care to share? You need to read up on monetary policy and lag time.

I was selling real estate in 1988 and remember mortgages going for abot 17%. No. , interest rates did not drop almost overnight.

[ComTech42]

So, if inflation here is Biden's fault, why is inflation also spiking in Europe?

From The NY Times:

"There's lots more if you go to today's Times.

Inflation in the US is a reaction to Biden's money policies not European money policy. When Reagan took over from Carter inflation and interest rates went down almost over night.