The stock market

[movetheboat]

advisor +3 years ago, said buy FB @ $170… no thanks, not interested in Mark Zuckerberg. ? FB, down 25%, to $240…

never let politics influence your investments...and your advisor was right...even with it down 25% to 240 today ...from 170

ok cellshock?

 

[CELLFISH]

silly boy, I bet u holding FB…

FACE BOOK, anti American ?? company, like several others… cellfish…

 

[movetheboat]

silly boy, I bet u holding FB…

FACE BOOK, anti American ?? company, like several others… cellfish…

no I never owned or traded it

 

[wader]

 

[movetheboat]

 

[movetheboat]

if AMAZON shits the bed after hours......LIGHTS OUT!!!

 

[movetheboat]

AMAZON did well....keep the lights on ladies

Amazon Delivers Stellar Earnings as Cloud Business Shines in Q4

 

[wader]

trying to claw her way back after a stellar earnings report

 

[Rick67]

[Everything Woke Turns To Shit]-45

 

[dsedy]

View attachment 44141[Everything Woke Turns To Shit]-45

I don't even think he's human anymore. Him and jack dorsey from twitter are like f'in cyborgs that have been assimilated. This whole push to the metaverse is insanity.

 

[wader]

U.S. on the road to 1950s-style unemployment, but it may only be a pit stop

The last time the U.S. unemployment rate fell below 3%, as one Federal Reserve official has predicted it will this year, the Korean War was nearing its end and a recession that saw legions of workers lose their jobs was just around the corner. While the circumstances were unusual, it...

www.yahoo.com

U.S. on the road to 1950s-style unemployment, but it may only be a pit stop​

Howard Schneider
Mon, February 7, 2022, 3:14 AM


WASHINGTON (Reuters) - The last time the U.S. unemployment rate fell below 3%, as one Federal Reserve official has predicted it will this year, the Korean War was nearing its end and a recession that saw legions of workers lose their jobs was just around the corner.

While the circumstances were unusual, it nonetheless presented a now-familiar pattern - a falling unemployment rate eventually giving way to recession - that current Fed officials will be challenged to avoid as they try to slow the fast pace of inflation without wrecking an expansion that is delivering strong gains for workers.

Emblematic of the current confidence in the job market's strength, St. Louis Fed President James Bullard last week said he expects the U.S. unemployment rate to fall below 3% this year. That flashback to the 1950s in itself would be a warning for some economists.

Such a low unemployment rate is "a red flare" that the economy is overheating, with fast price and wage increases that are unavoidable and the U.S. central bank pushed to be more aggressive, said Tim Duy, a University of Oregon professor and the chief economist of SGH Macroadvisers. "I don't see where there is a good way out" that tames inflation without triggering a recession and the associated jump in unemployment.

It's a tradeoff - of jobs for price control - the Fed thought had become less relevant. In the decade before the onset of the coronavirus pandemic, unemployment drifted towards 3% without triggering inflation, and policymakers felt that showed the economy could put far more people to work than previously thought with prices remaining stable.

'HARD LANDING' AHEAD?

The pandemic has rekindled that debate and raised doubts about whether inflation, the work choices of Americans, even the global economy overall, will follow the patterns that existed before two years of mass infection, fear and lockdowns.

 

[movetheboat]

So far...sooooo good!!

 

[Rick67]

?

 

[movetheboat]

Market is bullish...buy pullbacks (for now) or don't...up to you

CARRY ON!!

 

[wader]

futures not looking good:

• S&P Futures
  4,519.25
  -58.50(-1.28%)​

• Dow Futures
  35,389.00
  -252.00(-0.71%)​

• Nasdaq Futures
  14,744.50
  -293.75(-1.95%)​

• Russell 2000 Futures
  2,039.00
  -40.10(-1.93%)​

• Crude Oil
  89.55
  -0.11(-0.12%)​

• Gold
  1,829.40
  -7.20(-0.39%)​

JUST IN

January CPI: Inflation reaches fresh 40-year high​

The Consumer Price Index (CPI) registered a 7.5% annual gain in January.

 

[longcast]

Dow slides 500 points as yields spike following red-hot inflation report

U.S. stocks sank on Thursday following a hotter-than-expected inflation report.

www.cnbc.com

 

[movetheboat]

CPI If the FED didn't lower rates due to a certain cry baby we wouldn't be in this mess......but alas we are!!! sigh!! bet brandon gets it down to 3-4% within a year

 

[movetheboat]

need a recovery of some sort into the close or the bull goes out the window....this is more than a pull back

 

[wader]

wonderful

 

[movetheboat]

wonderful

well it did close above two points I have in the 4480s...so we got that going for us...this could be a one day news (CPI) event.....A hot number was expected...and we got it!