The Stock Market Is Not The Economy Thread II

[Koyangi]

Nothing ever actually hurts them, it always hurts us.

[Forte]

Can't help but feel like if we stopped supplying them with weapons/ammunition they might think again about doing this.

[Salodin]

Sounds like a certain bill aimed at reducing our dependence on oil couldnt come fast enough

[Spicyryan]

Can't help but feel like if we stopped supplying them with weapons/ammunition they might think again about doing this.

No, because that is not how foreign policy works. Nations aren't some child you can just threaten with taking away their video games if they don't produce more oil for you. That sort of approach doesn't even produce great results on children either.

[archibaldcrane]

No, because that is not how foreign policy works. Nations aren't some child you can just threaten with taking away their video games if they don't produce more oil for you. That sort of approach doesn't even produce great results on children either.

Like children, nations respond better to positive reinforcement instead

https://twitter.com/AndrewScurria/st...tB_VDj8Fg&s=19

[archibaldcrane]

https://twitter.com/JustinWolfers/st...3L7Qn9Fww&s=19

[Kaslo]

And the market responds by falling. Classic Wall Street.

[Spicyryan]

And the market responds by falling. Classic Wall Street.

Unemployment is "too low". Wallstreet wants to reduce global uncertainty and crush the working class some more before they can go vroom. As that helps signal the Fed turning the spicket back on for them.

[Kaslo]

Unemployment is "too low". Wallstreet wants to reduce global uncertainty and crush the working class some more before they can go vroom. As that helps signal the Fed turning the spicket back on for them.

No, I understand that. It's just dumb.

[archibaldcrane]

It's more that high interest rates harm economic growth, and markets don't expect rates to come down until inflation is under control and don't expect inflation to get under control until unemployment increases.



However

Rents peaked like 6 months ago. Used cars are below their prices 12 months ago (and that y/o/y will plummet in the next few months). Trans-pacific shipping rates have plummeted. Chip shortages have unwound. There's lots of supply-side and supply chain factors that were driving inflation that have been fixed or are in the process of rapidly fixing that don't require higher unemployment.

Whether the fed is chasing a backwards-looking target is a huge question right now.

[thetruepandagod]

archi is to biden's economy what spicy is to putin's invasion

[Spicyryan]

archi is to biden's economy what spicy is to putin's invasion

Hardly, but the Fed is approaching this ass backwards, and really trying to strangle the working class instead of admitting root causes. Biden is failing here because of course he is.

[Kaslo]

Hardly, but the Fed is approaching this ass backwards, and really trying to strangle the working class instead of admitting root causes. Biden is failing here because of course he is.

This is the way the Fed has always reacted regardless of President, its not a Biden thing.

[archibaldcrane]

archi is to biden's economy what spicy is to putin's invasion

Hispanic unemployment is at an all-time low

[Spicyryan]

This is the way the Fed has always reacted regardless of President, its not a Biden thing.

Irregardless, the president is not stepping up to the plate at addressing core issues to such rampant inflation.

[Kaslo]

Irregardless, the president is not stepping up to the plate at addressing core issues to such rampant inflation.

I refuse to accept irregardless is a word

[Spicyryan]

I refuse to accept irregardless is a word

The English language is a cheap whore to be abused at will. I use both regardless and irregardless. With the later being an addition of finality or even just interjection.

[Mertron]

as soon as they updated the definition of literally in dictionaries to also mean “not literally” all hope was lost

[Andalusian girls]

ironic not being ironic making it ironic was the first domino to fall

[Zealot]

ironic not being ironic making it ironic was the first domino to fall

Alanis Morrisette has a lot to answer for.

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