View Single Post
  #697  
Old 12-01-2023, 10:05 AM
Rajoo's Avatar
Rajoo Rajoo is offline
Senior Member
 
Join Date: Mar 2013
Location: Sierras
Posts: 15,281
Quote:
Originally Posted by whell View Post
Toothless and dickless: if you have information to the contrary that refutes the facts that underlie these forecasts, by all means post it. But the facts remain:

- inflation is still pushing up costs for consumers and businesses
- consumer debt is on the rise and defaults are increasing
- yield curve still inverted, a historical marker for recessionary conditions
- The Fed is still keeping rate increases on the table.

Attacking the poster is not the same as rebutting an argument. You're great st the former but you suck at the latter.
Your insults show me how pathetic you are.

Feds while keeping interest rate hike on the table have not done so since July; hikes were in Feb, March, May, July 2023. The inflation rate has decelerated significantly. The rest as we say will follow.

I was not attacking you but highlighting the absurdity of your arguments. But keep forecasting economic gloom and doom since eventually they may come true since economic cycles are inevitable (Econ 101).
__________________
The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
Reply With Quote