ZRod Posted January 29, 2021 Share Posted January 29, 2021 4 minutes ago, Archy1221 said: But only blocking buy orders or call option buys. People could sell which is the thing that will gets these firms in trouble. Yup. Optics are entirely negative on this one. 1 Link to comment
BigRedBuster Posted January 29, 2021 Author Share Posted January 29, 2021 I just want to point something out. The goal of this thread was to talk about the economy. But....just want everyone to understand, the stock market is not the economy. This issue with these trades will have little to no affect on the overall economy. 1 Link to comment
Archy1221 Posted January 29, 2021 Share Posted January 29, 2021 1 hour ago, BigRedBuster said: I just want to point something out. The goal of this thread was to talk about the economy. But....just want everyone to understand, the stock market is not the economy. This issue with these trades will have little to no affect on the overall economy. The stock market is part of the economy. 1 Link to comment
Archy1221 Posted January 29, 2021 Share Posted January 29, 2021 1 hour ago, BigRedBuster said: I just want to point something out. The goal of this thread was to talk about the economy. But....just want everyone to understand, the stock market is not the economy. This issue with these trades will have little to no affect on the overall economy. The stock market is part of the economy 1 Link to comment
BigRedBuster Posted January 30, 2021 Author Share Posted January 30, 2021 16 hours ago, Archy1221 said: The stock market is part of the economy. Not as big of part as some people try to make it. 3 Link to comment
teachercd Posted January 30, 2021 Share Posted January 30, 2021 2 minutes ago, BigRedBuster said: Not as big of part as some people try to make it. Probably depends if you are making money off it or not hahaha Link to comment
BigRedBuster Posted March 11, 2021 Author Share Posted March 11, 2021 Just an FYI....I personally think this is wrong. Sorry to disappoint but, inflation is a major issue right now. I firmly believe this will be adjusted up drastically over the next 6 months. 1 Link to comment
RedDenver Posted March 11, 2021 Share Posted March 11, 2021 1 hour ago, BigRedBuster said: Just an FYI....I personally think this is wrong. Sorry to disappoint but, inflation is a major issue right now. I firmly believe this will be adjusted up drastically over the next 6 months. 1-2% inflation doesn't seem like it should be much of an issue since historically it's been around 2%. Or are you saying it's an issue that it's too low? Link to comment
BigRedBuster Posted March 11, 2021 Author Share Posted March 11, 2021 1 hour ago, RedDenver said: 1-2% inflation doesn't seem like it should be much of an issue since historically it's been around 2%. Or are you saying it's an issue that it's too low? I'm saying that inflation right now is way higher than what is being reported. Government statistics are constantly behind reality. I'm guessing these stats are from Maybe December or January. If it's February, it's almost a total guess. Inflation is high right now and we will have to deal with it at some point. Link to comment
BigRedBuster Posted March 17, 2021 Author Share Posted March 17, 2021 I"m anxiously awaiting the March report. But, I'm expecting something very similar if not worse. A number of major national home builders have stopped selling new homes. It's not because there isn't demand. It's because they sell a home and by the time it's built, costs have increased so much that they are losing large amounts of money and they have no idea what their costs are going to be. We use some wood for packaging and we can't even find the normal wood we use. We are using lower grade wood and it's costing 6-7 times more than it would have a year ago. #inflation. U.S. Housing Starts Pull Back Sharply From 14-Year High In January Quote RTTNews) - After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing starts pulled back by much more than expected in the month of January. The Commerce Department said housing starts tumbled by 6.0 percent to an annual rate of 1.580 million in January after soaring by 8.2 percent to an upwardly revised rate of 1.680 million in December. 1 Link to comment
BigRedBuster Posted March 17, 2021 Author Share Posted March 17, 2021 Steal Prices Quote Melbourne — The price difference between US Midwest hot-rolled coil and China domestic HRC has reached its highest level since S&P Global Platts started assessing these prices in 2008. The shortage of available spot material in the US saw the HRC price jump $32.50/st day on day to reach $1,299/st March 12, up almost 200% since last August. #inflation Link to comment
Moiraine Posted March 18, 2021 Share Posted March 18, 2021 8 hours ago, BigRedBuster said: Steal Prices #inflation It's inflation in that the prices increased but not in the way people generally use the word inflation. It looks like there is a supply shortage. Link to comment
BigRedBuster Posted March 18, 2021 Author Share Posted March 18, 2021 7 hours ago, Moiraine said: It's inflation in that the prices increased but not in the way people generally use the word inflation. It looks like there is a supply shortage. It's inflation because the shortage is because the demand is so high. Link to comment
Archy1221 Posted March 18, 2021 Share Posted March 18, 2021 The 10 year yield seems to be agreeing that inflation could be a problem. 1 Link to comment
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