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I just want to thank the OP for helping to bring about a very lively and informative discussion, even if the outcome was not what he intended. It may just be a matter of time before the rose-colored glasses are out of season, or go way up in price.
Meanwhile back in the real world, Crude oil prices soared today and up over 20% from their recent lows. The CRB commodity index is higher now under Trump than it ever was under Biden. My point - inflation is not dead.
https://tradingeconomics.com…
Volatility from stocks doesn't tend to bother me as much as it does some people. I am comforted by the greater long term returns. What annoys me is buying investment grade bonds as "ballast" and having them lose money. Accepting the slower total gro…
To be fair domestic bonds may actually do well, when/if the FED is forced to lower rates. The pain will be up to that point. Which could be a while. Not sure exactly what I was thinking when I posted that second to last sentence. In fact, I thought…
I am now reminded of the very limited coverage that all the conservative "news" networks gave the events of Jan 6, as they unfolded in real time at our nation's capital. And how Fox eliminated all the violence and destruction from the video footage …
+1.
"...During pre-trial discovery, Fox News' internal communications were released, indicating that prominent hosts and top executives were aware the network was reporting false statements but continued doing so to retain viewers for financial rea…
>>>Pew has research on where Americans get their news. See (link). Dems are 3 times more than GOP listening to NPR. The numbers for WSJ are a lot closer.
What is correct and true is not subject to popularity, or opinion polls.
Well put. …
This is like saying that the inflation that occurred in 2022 didn't really happen because the events leading to it took 18 months to percolate. Talk about unfurling the "Mission Accomplished" banner prematurely.
It might even take longer than it t…
Everyone already saw the backward looking indicators. And everyone read that even the WSJ says "too soon" to tell. Including former Trump economic advisor. and head of Morgan Stanley, Jamie Dimon.
"Good" is relative. Biden had essentially the sam…
Doesn't SSA already have access to all this information? They certainly have a person's entire earnings history. And both SSA and Medicare are joined at the hip. Any chance this has something to do with the new SSA Fairness ACT? Which also has to d…
Tesla's "full self-driving" software was ranked 8th (by Consumer Reports) against other automakers, just a few months ago.
Will people actually get into a car with a Tesla logo these days? Maybe Musk will declare he is now a huge Democrat, in anot…
@Old_Joe
The impact of steel tariffs to canned goods was not something that I previously pondered.
Sadly, some people have a tin ear when factual data contradicts their chosen narrative.
Not to worry, MAGA workers and their children will flock to s…
Let's not listen to the people who run retail and logistics businesses, who say that job losses and higher prices are yet to come.
https://www.cnbc.com/2025/06/11/trumps-done-deal-with-china-trade-supply-chain-damage-will-remain.html
Let's live in…
Inflation is probably still reacting to the FEDs rate policy as well. And adjusting to supply-chain issues. It takes time. I might add that if inflation is not an issue, and jobs reports look good, why the hell is Trump insisting that Powell lower r…
When did the WSJ become an unbiased source of information? They've been pro-conservative in their musings for as long as I can remember.
And as long as we're here when did NPR become biased? They'll slam anybody if they've got it coming.
And when …
I would be careful about trumpeting the May CPI report.
The impact of Trump's tariffs may not be reflected in CPI data for several months.
The following quote is from the WSJ article you linked above.
“'We’ve been assuming the bulk of increases fro…
A confident government doesn't require the spectacle of a military parade ...
Nor does a confident populace. Is our new motto, "Speak loud gibberish, and wave a big stick"?
Remember that Trump believes that exercise of First Amendment rights (protest) in D.C. must be met with force. Has he put all copies of the Constitution through a shredder, yet? And wiped them from public records?
@Crash- I interpreted that as sarcasm- an attempt to rebut the frequently offered concept that the two parties are indistinguishable. No, they definitely are not. One is almost completely evil, the other so enamored of left-wing perspectives that t…
Let us not forget that this is all because they want to deport a few dozen day laborers.
Totally worth it, right? Why not head up to deep red Northern California and raid the farms? No protestors there.
Similar to prostitution raids, wouldn't arr…
IMO, the ONLY way that China opens up the rare Earth spigot is if they get the chips they want and serious tariff elimination. Which takes us back to square one. The folks who claimed that China was our biggest military threat and needed to be cut o…
It took well over a year from the last CoVid stimulus (Jan 2021) for inflation to really rear up. And that was trillions of dollars of stimulus. So, I agree that tariff-induced inflation may take while to become a problem. Which is good, as it will …
Right, not giving them the excuse to justify escalation or latch onto a few bad actors to rationalize over-reach. Which is exactly where this is all heading.
In giving it more thought, I wonder if, at the current exponential rate of demand, getting to 10% recycling of rare Earth (in a decade) is a step backwards? Certainly restricting the best and brightest of foreign students entering our universities i…
The semiconductor, electronics, defense, wind turbines (magnets), cars (especially EVs), and others. Many of these industries overlap due to dual-uses based on the specific applications. This should be a great starting point to recycle what is alr…
Okay, so when you said "rebuilding the entire infrastructure" it was limited to rare Earth mining and production. IRT my post above, is there a reasonable expectation that recycling can have a significant, cost-effective impact on our rare Earth req…
...
Having said that, US government need to face the question on rebuilding the entire infrastructure from sourcing (raw materials) to manufacturing (finished products) of strategically critical materials domestically. ...
Do you mean "infrastru…
History suggests that recycling efficiency is often over-stated. I support recycling, up to the point that it becomes inefficient. t this point, I assume most of my personal recycling is ending up in landfills. The energy & labor component to ce…
I held OTCFX at TRP for decades. Until I realized that the long term gains that I had accrued were in danger of washing out. I began selling several years ago and am now down to zero. I exited while my annualized gains were still ~17%. It was a good…
"Knowledge of DIY for whatever may prove to be a wonderful source of money (money not spent, eh?)"
For sure. Being able to DIY in my younger years has been a major factor in accumulating enough to be able to pay others now that I''m 85. I do have t…
"As far as party responsibility, it is more complicated than it seems, when taking into account control of Congress. I am will to call it a wash (at best) and be deeply suspicious of all involved. The myth of partisan superiority by anyone is now de…