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  1. cannonfodder

    Monitoring US Economy

    https://finance.yahoo.com/news/federal-reserve-officials-start-to-embrace-the-possibility-of-a-recession-195057641.html
  2. cannonfodder

    Monitoring US Economy

    Even if they some how manage production, supply chain establishment is big problem. To be frank, short term there is only one solution to compromise for Oil supply with Russia (since Oil prices are global). 8% oil production is hard to replace. Both Venezuala and Iran oil has been turned...
  3. cannonfodder

    Monitoring US Economy

    Fed cannot increase rates to volkar levels or 7-8+% that is required to tame this inflation. It is known to traders and retail investors that increase in US debt servicing wont be possible at those levels with other govt spending's. The best guess is that FED is creating fear psychosis by...
  4. cannonfodder

    Monitoring US Economy

    Not sure. Some institutions like blackrock were on home buying spree during pandemic but they make up very low percentage of total home ownership (last I checked it was 1-3% of total homes last year - I just remember this number on the back of mind cannot get an source for this). Home ownership...
  5. cannonfodder

    Monitoring US Economy

    Home prices will reduce in coming months and do some correction. But one needs to understand the underlying reasons for hot reality market in US: not making enough homes. Only if sizable population is laid off due to recession can cause more inventory in the market. There are lot of first time...
  6. cannonfodder

    Monitoring US Economy

    https://finance.yahoo.com/news/not-acceptable-biden-slams-oil-230038655.html Commentary: India or US politicians remains what they are. Simple play to score browny points among public for elections. The current scenario is that Gas/Energy prices can only be decreased by increasing Oil...
  7. cannonfodder

    Monitoring US Economy

    FED hikes rates by 75 BPS. FED trying demand destruction and siphoning off liquidity in market to slowing down inflation in the economy. What are the fears? FED may over do the interest rates hikes .. as in if FED keeps increasing rates (over doing it) while businesses are slowing down due to...
  8. cannonfodder

    Monitoring US Economy

    Its well understood on ground that real inflation is way to higher than FED # > 10-12% (rental increases will lag even more as price will be priced slowly over months), anyone on the ground for food/necessities will know the pinch. But for comparison sake its easier to track FED metric itself...
  9. cannonfodder

    Monitoring US Economy

    Bhai 2-3 mahine se $6+ hai CA main. Due to hybrid working its relatively better, otherwise I am paying same as commuting all 5 days wrt to prices. Food inflation/commodity inflation is alag se :rofl:
  10. cannonfodder

    Monitoring US Economy

    May 2022 CPI Data Release: Consumer Price Index Summary - 2022 M05 Results (bls.gov) Commentary: Everyone was expecting the CPI inflation rate to come down from the last month of 8.1 percent. It is getting very ugly at this point as it increased instead of dipping further. FED Will have...
  11. cannonfodder

    Monitoring US Economy

    @FalconSlayers @Two Minutes To Midnight @karn Thanks for pitching in and carrying on with thread updates. I got caught up with some personal stuff and could not post much last couple of weeks. All non-sensical political stuff to prepare for Sept-Nov election preparations...
  12. cannonfodder

    Monitoring US Economy

    Unrelated to US enonomy specifically but affecting global economy indirectly: https://finance.yahoo.com/news/bank-england-set-4th-straight-230343851.html BoE flags risk of recession and 10% inflation as it raises rates again
  13. cannonfodder

    Monitoring US Economy

    You beat me to it :cool3: https://www.cnbc.com/2022/05/04/stock-market-futures-open-to-close-news.html Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5% FED will again come up to assauge fears on Wallstreet. Still dont know if its engineered flunctuations by big suites...
  14. cannonfodder

    Monitoring US Economy

    The only caveat to this is in many of the earnings this one and previous quarter wrt to US. The Executives are saying the following about consumer behavior during earning calls: --> We passing down the price increase to consumer instead of getting margin hit ourself. No impact on sales, the...
  15. cannonfodder

    Monitoring US Economy

    global supply chain constraint + excessive money printing that put free money into economy.
  16. cannonfodder

    Monitoring US Economy

    https://www.cnbc.com/2022/04/28/us-q1-gdp-growth.html U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit 1st Quarter Big names: BAD EARNING : Netflix, Amazon, Adobe (Amazon was not that bad but I dont want to discuss it further, it was market overreaction 15%...
  17. cannonfodder

    Monitoring US Economy

    :yawn: https://finance.yahoo.com/news/p-500-fall-sharply-teeters-154150281.html S&P 500 about to fall sharply as it teeters on brink of bear market, Morgan Stanley says Market deep fear territory due to recession. But Google/Microsoft/Visa earnings were actually good indicating not so much...
  18. cannonfodder

    Monitoring US Economy

    It looks stupid right now. The 50bps (multiple) increase was already expected but Wall street is freaking out.:yawn: https://finance.yahoo.com/news/us-stocks-wall-st-slumps-204655967.html US STOCKS-Wall St slumps as weak earnings, rate hike clarity spook investors Jobless claim declining...
  19. cannonfodder

    Monitoring US Economy

    Yes dosto another inflation data drop came in today. Oil/Crude prices impacted is finally showing up> https://www.bls.gov/news.release/cpi.nr0.htm The all items index continued to accelerate, rising 8.5 percent for the 12 months ending March, the largest 12-month increase since the period...
  20. cannonfodder

    Monitoring US Economy

    https://www.wusa9.com/article/news/verify/president-biden-releasing-oil-from-strategic-petroleum-reserve-how-will-gas-prices-be-affected/65-d0d36577-94b5-416a-9f65-8aa1f290eb10 VERIFY: Will releasing 180 million barrels from the Strategic Petroleum Reserve bring gas prices down? Comment...
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