***Master US Jobs / Inflation Thread***

Lael Brainard is rumored to be the next Fed chair after Jay Powell's term is up in February. She would make Powell look like Paul Volcker.


Idc who he puts in tbh.

There are too many red lights blinking to allow these bureaucrats or Congress too much wiggle room.
 
Fed people are talking about tapering the money printing. Currently printing $120 billion a month. 80 billion of us debt and 40 billion of mortgages. Will be interesting to see if the markets can handle this if the Fed follows through.

 
Fed people are talking about tapering the money printing. Currently printing $120 billion a month. 80 billion of us debt and 40 billion of mortgages. Will be interesting to see if the markets can handle this if the Fed follows through.


Let’s hope not 🤞
 

While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement.

The move reflects a growing company stashing cash in an unconventional asset in response to economic uncertainty spurred by the coronavirus pandemic and governments’ response to it.
 

Global market reset when Trump comes back in 2024? End of trade with China?

I think we are watching a Jedi mind trick. The inability for Dims to pass a budget or raise the debt ceiling is the beginning of this process.
 
A survey conducted by online newsletter theSkimm found that more than 1 in 5 millennial women said they would rule out working for an employer that banned working from home in the future.
 


“Biden’s most senior officials haven’t just maintained Trump’s tariffs to date — they’ve lauded them. In separate instances, both Raimondo and Tai have described the tariffs as “effective” in bolstering the U.S. steel industry.”

Protected trade wins again.
 
Inflation is really going to take a bite out of the economy. I hope the 40 million that voted for this are happy.







Own something! Your car, stocks, businesses, land, art ..... don't have too much money just sitting around in a savings account. We have a few more years of inflation coming, its not too late.

The best hedge versus inflation it to own assets. The next best hedge is your job / education / ability to earn new dollars.
 

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