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  • Personal Income and Outlays, January 2023

    From bea.gov

    Personal income increased $131.1 billion (0.6 percent) in January, according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased $387.4 billion (2.0 percent) and personal consumption expenditures (PCE) increased $312.5 billion (1.8 percent). The PCE price index increased 0.6 percent in January. Excluding food and energy, the PCE price index also increased 0.6 percent (table 9). Real DPI increased 1.4 percent and Real PCE increased 1.1 percent; goods increased 2.2 percent and services increased 0.6 percent (tables 5 and 7). table The increase in ... (full story)

Added at 8:36am

  • Inflation rose to 5.4% in January, according to key gauge watched by Fed

    From washingtonexaminer.com

    Inflation unexpectedly rose to 5.4% annually in December, as measured by the gauge favored by the Federal Reserve. The rise in the personal consumption expenditures price index reported Friday morning by the Bureau of Economic Analysis is yet another sign that inflationary pressures are not yet abating in the face of the Federal Reserve’s campaign to slow price gains by hiking interest rates. Inflation is still running much hotter than the central bank’s target and damaging household purchasing power. Core PCE inflation, a measure of inflation that strips out energy and food prices and is generally less volatile, ... (full story)

How many times will I have to keep saying this, CPI isn't the biggest danger, personal income is once again negative and will sooner or later come to bite you and will trigger a revolution you've never seen before. Mark my words and write it down, if not this year but definitely next year. It will only take one heavy drought or a war or some disaster of some sort and the flood gates of hell will open up upon you. The rich are keeping on hording more and more while ordinary people is suffering more and more everyday. Why do you think 50% of consumers are saying they're worst off than the previous year while the economy is still firing on all cylinders??
personal income rose almost 2x from previous data. another great data again.
Quoting BaliBoyz80
personal income rose almost 2x from previous data. another great data again.
Look at what the forecast was, now almost half of that. Don't look at what it was the previous month, that's history, what matters is what was the EXPECTATION!! The economy runs on Trust and sentiment, if that fails everything fails.
The time for big moves now
Retailers and newbies: ooooo dammm sell gold buy usd

Big manipulator aka so-cold big player: liquidate all than we go down

This is real forex

Hello SEC

TuriBinda
I expect USD/JPY at least 138 today
Funny thing is everyone one buying usd pr MM's still stop movement no easy money bois just hoold your positions and add more liquids this is the way to deal so-cold players
TuriBinda
Everyone be like: Full week reading coming PCE and how we trade. now reaction like Biden speak

Nice BlowOfJob
TuriBinda
These Mofos will never understand the dynamics of this new era of inflation. Raising interest rates will only exacerbate the problem. Energy! Energy!Energy! Just open the flood gates for energy and see what will happen to inflation. Democrats are the cursed in this world.
Quoting Bakker
How many times will I have to keep saying this, CPI isn't the biggest danger, personal income is once again negative and will sooner or later come to bite you and will trigger a revolution you've never seen before. Mark my words and write it down, if not this year but definitely next year. It will only take one heavy drought or a war or some disaster of some sort and the flood gates of hell will open up upon you. The rich are keeping on hording more and more while ordinary people is suffering more and more everyday. Why do you think 50% of consumers...
A common fallacy is that the "rich" are "hoarding" all the wealth. Typical leftist rhetoric.

I'll let you in on a little secret. Wealth isn't a finite amount. Wealth is produced at some point by somebody. Sure, people inherit wealth, embezzle wealth, earn wealth from high-paying jobs, etc. etc.

The average dunce can have wealth. They just need to produce something of value. Instead of whining about the rich getting richer, get off your ass and get some of that wealth for yourself.

I see children, teens, and many young adults creating wealth by making youtube channels, blogs, vlogs, affiliate marketing, e-commerce stores, etc. And all require little to no overhead.
"Pride always comes before destruction...." -Proverbs 16:18
[quote=Expo33;14338073]{quote} A common fallacy is that the "rich" are "hoarding" all the wealth. Typical leftist rhetoric. I'll let you in on a little secret. Wealth isn't a finite amount. Wealth is produced at some point by somebody. Sure, people inherit wealth, embezzle wealth, earn wealth from high-paying jobs, etc. etc. The average dunce can have wealth. They just need to produce something of value. Instead of whining about the rich getting richer, get off your ass and get some of that wealth for yourself. I see children, teens, and many young...[/quote

I'm not whining my friend and for your info I'm actually very rich and have the best trading system you can get, I don't need to get off my ass because that's the most comfortable way to watch the charts. And by the way I'm no leftist too, I'm actually a big fan of Donald Trump. So my little friend, you got it all wrong, go and bully someone else, I don't ask for your snotty remarks!!
Quoting Bakker
Quoting Expo33
{quote} A common fallacy is that the "rich" are "hoarding" all the wealth. Typical leftist rhetoric. I'll let you in on a little secret. Wealth isn't a finite amount. Wealth is produced at some point by somebody. Sure, people inherit wealth, embezzle wealth, earn wealth from high-paying jobs, etc. etc. The average dunce can have wealth. They just need to produce something of value. Instead of whining about the rich getting richer, get off your ass and get some of that wealth for yourself. I see children,
...
...[/quote]
lol bully? sounds like a classic youngster.

I wasn't implying that YOU should get off your ass, just in general people that whine about the rich hoarding wealth which is false. You can't hoard something that is limitless.

Just refuting your claim that wealth is being hoarded because it is a classic leftist talking point.

You're rich? So you're hoarding wealth? Maybe you should give me some of that wealth? Silly little rabbit, Trix are for kids.
"Pride always comes before destruction...." -Proverbs 16:18
Wrong again, I'm 72 years old.
Quoting Bakker
Wrong again, I'm 72 years old.
First time for everything. I've never heard an older gent say they got bullied in a forum when someone expressed an opinion. Good stuff. Enjoy your weekend.

By the way, if you see Elon Musk around town, tell him to stop hoarding all the wealth. I mean who does he think is creating amazing cars, etc and getting rich? Now I can't get rich because there's no more wealth left for me.
"Pride always comes before destruction...." -Proverbs 16:18
You take the word "bully" literally, I think a more educated person would understand the context.
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