Infamous_Sympathy_91
Infamous_Sympathy_91 OP t1_j6bcvvf wrote
Reply to comment by Slicklickfstick in Global Inflation Update by Infamous_Sympathy_91
They just report it higher :)
Infamous_Sympathy_91 OP t1_j67ih09 wrote
Reply to comment by Stachemaster86 in $2.5t spending potential held by Chinese consumers if reopens fully. by Infamous_Sympathy_91
What date? And what happens then?
Infamous_Sympathy_91 t1_iyeqbqh wrote
Reply to Thousands of trades over 3 years on $500k+ account. Barely beating the SP500. by NoMoreLandBro
Trade 75% less.
Infamous_Sympathy_91 OP t1_ixzzf18 wrote
Reply to comment by JollibeeNo1Customr69 in Swings and roundabouts by Infamous_Sympathy_91
Good call.
Infamous_Sympathy_91 OP t1_ixyrie3 wrote
Reply to comment by Extension_Ad_1347 in Swings and roundabouts by Infamous_Sympathy_91
Delicate balance the BOE is keeping to ensure house price stability for long enough so that if they default the bank can seek to repo their loans with enough equity in housing stock to get paid back fully. However, banks know many people will default as a last resort on their homes, so will dig into savings and cut back.
Infamous_Sympathy_91 OP t1_ixypsf2 wrote
Reply to comment by Extension_Ad_1347 in Swings and roundabouts by Infamous_Sympathy_91
With QT and rising IR, banks have more pricing power to profit from loans. A UK bank called Natwest, for example, is charging 5.49% on mortgages now, 2.49% above BOE 3%.
Infamous_Sympathy_91 OP t1_iuh5y7t wrote
Reply to comment by TheRealAlexLifeson in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Above at least 5 or 6% still.
Infamous_Sympathy_91 OP t1_iuh4xyr wrote
Reply to comment by Han_Yolo_swag in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
In stages they might end up at 4% target by 2025.
Infamous_Sympathy_91 OP t1_iug2fp0 wrote
Reply to comment by jasperCrow in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Yep since March 2021.
Infamous_Sympathy_91 OP t1_iug2b3f wrote
Reply to comment by wisle-n-out in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
The point is it's been wrong like a dozen times in a row.
Infamous_Sympathy_91 OP t1_iug0hk9 wrote
Reply to comment by OMG_A_COW in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Welcome fellow Technical Analyst.
Infamous_Sympathy_91 OP t1_iug06pw wrote
Reply to comment by Antique-Flight-5358 in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
They probably get paid more to manipulate...
Infamous_Sympathy_91 OP t1_iuff52s wrote
Reply to comment by TheNotSoEvilEngineer in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Analysts and economists on a regular bank or government paycheck who have no reason to rock the boat.
Infamous_Sympathy_91 OP t1_iuf2r7z wrote
Pretty sure the FED will raise baseline inflation target to 3% by 2024.
Infamous_Sympathy_91 OP t1_iueeig2 wrote
Reply to comment by RepairThrowaway1 in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
100% it's like bank analysts are writing up reports for their head teacher (the central bank)... and in doing so affirming their support that the FED and US government can control manage the US economy and geopolitical situation enough to hit the target of 2% within a relatively short amount of time.
Infamous_Sympathy_91 OP t1_iuedmwp wrote
Reply to comment by LetsKickTheirAss in Consensus has been systematically wrong about inflation decreasing by Infamous_Sympathy_91
Exactly the discussion we should be having... this affects the entire market.
Infamous_Sympathy_91 OP t1_j6c1l2n wrote
Reply to comment by throwayzfordayz6 in Global Inflation Update by Infamous_Sympathy_91
Subsidised worker housing for those workers whom you want to replicate (have large families).