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2021-07-02 Economy
CBO sees supercharged recovery as pandemic dissipates, predicts severe inflation in coming months
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Posted by Fred 2021-07-02 00:00|| || Front Page|| [11 views ]  Top

#1 ...Over the last week or so, my 401k begs to differ.

Mike
Posted by Mike Kozlowski 2021-07-02 07:39||   2021-07-02 07:39|| Front Page Top

#2 /\ Yep, if you're not harvesting profits, you may not be paying attention.
Posted by Besoeker 2021-07-02 07:40||   2021-07-02 07:40|| Front Page Top

#3 No inflation, folks. It's just "temporary," you see.

Pay no attention to Buffett saying every one of Berkshire's companies -- real estate, auto dealers, consumer staples etc -- are seeing prices go "up up up."

Pay no attention to one of our biggest packaged foods (General Mills) companies announcing a 50 PERCENT PRICE INCREASE yesterday.

Pay no attention to Wall Street analysts' new oil price targets of $100/bbl.

Nope, nothing to see here.

The Chairman is in power and the situation is excellent. Get with the program, you running dog counter-revolutionaries
Posted by Heriberto Glusogum7597 2021-07-02 09:04||   2021-07-02 09:04|| Front Page Top

#4 The U.S. economy will roar to life for the rest of this year and remain supercharged through 2022

No it won't. Not enough people willing to give up unemployment to make the goods we need. We will see 1970s stagflation by the end of the year with a massive real estate bubble pop.
Posted by DarthVader 2021-07-02 11:32||   2021-07-02 11:32|| Front Page Top

#5 $14.50 ten foot 2x4's......not a good sign. Sorry :-(
Posted by Besoeker 2021-07-02 12:34||   2021-07-02 12:34|| Front Page Top

#6 a massive real estate bubble pop.

best time to buy
Posted by 746 2021-07-02 12:40||   2021-07-02 12:40|| Front Page Top

#7 Most people have left the various medias. Nothing to believe anymore. Corporations are losing control also. Go woke go broke. Workers archaic antique word.
Posted by Dale 2021-07-02 21:11||   2021-07-02 21:11|| Front Page Top

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