Fed rate decision due today at 2PM Eastern. Place your bets.

Hiring Americans specifically.

 

I will. That’s only about 1/3rd of the story.

 

I was laid off from tech, wife owns a restaurant/brewery. Where would you like me to start?

 

Several years ago when I was still in the UBC, we had a meeting of all the Locals and trades to discuss current issues…….massive healthcare changes being one of the big things. Long story short, there just wasn’t enough money in the pot to handle the required unlimited coverage per ACA, so workers and our families had dental and vision cut in order to fund the medical portion. One guy spoke up about how great it was because his wife with MS had full coverage. I don’t fault him for his own relief, but now the majority suffers. Trying to talk to the guy was nothing but falling on deaf ears.

 

listening to some talking heads on "news" programs, full 1/2 percent or more has only been used in critical situations. almost unprecedented situations.. so.. as they point out, 1) some real shi* is about to hit the fan with the economy, and it's way worse than anyone really knows. OR, as some pointed out, the election. The fed could easily have waited to make this large of a change for 47 more days. unreal.

 

Well, on the flip side I did heavily criticize them for not moving soon enough or aggressively enough to stop the inflation on the other side of this, so maybe this is an over-reaction the other direction this time? For those that don't recall, the inflation got above 6% in October 2021, and I was screaming "Raise the rates!" and they didn't do anything until 0.25 in March of 2022.

 

Been hearing this for the last 20-30 years. Keep the conspiracies flying, it wouldn't be the beeb without them.

 

Great example of what I was referring to (the perception of the cut/hike vs reality). I think you give these guys WAY too much credit... I honestly think they're guessing, and no better at it than Motion&Bird LLC

 

Ours not to reason why.

 

That's 18 months old, what's the news today?

 

Fake?

 

That I will agree with 100%

 

War. Everywhere is war. Additionally, the cup of coffee I'm drinking while typing this cost 21% more than it would have in 2020.

 

What would it cost anywhere else on the planet? Must just be us.

 

but that's ok because it's probably only 2-3% more than it was last month. (Disclaimer: I did not do any actual research into the month over month inflation of coffee-or anything else)

 

Inflation, didn't the government hand out a bunch of money, then the supply chain happen.

As for the rate cut, looks like the Fed acted too slow again, and made up for lost time.

 

Orrrrrr…

Crises aren’t going to waste, even if we have to create them ourselves.

 

This may possibly be the stupidest thing I’ll read today.

 

I went to the grocery store approx 9 hours ago. Is that Current enough for you?

Surely, from atop your mighty wealth, you can at least see down on us paying sometimes more than double for items within the last say 3 years.

Should I go back to the grocery store with your quote to negotiate a better deal?