Economics Thread

In the meantime, one of our largest government expenditures is increasing 1% above target (which we haven’t hit a single time for almost 5 years now btw).
 
Last 5 years

S&P +109%

Meanwhile, $1 today is worth the same as $0.80 in 2020 (CPI data lol)

Great to be an asset holder. Good luck to you if not
 

There's a stronger chance then many may think that the IEEPA tariffs get nuked, but even in a world where that doesn't occur, I'm beginning to see a likely path where inflation just hangs around 2.8-3% for another year and then goes lower slowly and you'll be able to thank oil and housing here for that path if that's what plays out.

Honestly, if that's the path, and really if inflation stays below 4%, the inflation side of this will never burn Trump. First reason why is because...Trump, the guidelines are higher for something to hurt for him, and the second reason is that the 2022 wounds are still fresh.

Think it's probably more likely the labor market hurts, if anything does at all here.
 
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