Secular inflation is here

Nation wide

https://www.seattletimes.com/business/real-estate/seattle-area-carpenters-on-strike-slowing-construction-projects-across-the-region/

Try CNI out of California. Goldealer.com Silver looks like the better value right now (doesn’t need to be the US stuff) but it’s a pain to store.

Doesn’t help anyone if it’s a primary residence. Sell and you still need a place to live - and everything else is also up 50%. Even with second homes only helpful if you need to sell and have plans for the proceeds which don’t involve more real estate. Otherwise you get nothing but property tax increases.

Contrary to what Jerome, Cathie and @manch views, treasury yield is shooting UP. So much for transitory inflation.

Is 10 yr treasury gong up good for tech stocks?

https://www.seattletimes.com/business/powell-says-spike-in-inflation-lasting-longer-than-expected/

Initially, Powell said inflation is transitory.
Now, Powell said inflation lasted longer than expected.
Future, Powell is likely to say inflation is here.

It is clear Powell does not know or care to stop inflation. He is all about getting people to buy risky assets. This could all end very badly.

Just 16 hours ago I asked this question. what does rising Ten years treasury means for tech stocks. will the tech loose more than non-tech?

https://www.ft.com/content/abfdbe94-f57b-4122-8a26-cc5394a6b919

can you past the content into archive.is and give us a link?

https://archive.is/0csd1

1 Like

A lot of tightness in the energy market that’s outside of Powell’s power.

Also there’s a huge power outage going on in China that I don’t see a lot of western media coverage. That adds to the supply chain problem. Reason why it’s happening is still very much a mystery. Xi is a mysterious man.

They are literally trying to black out the Bitcoin miners. :wink:

.

Excuses, excuses, excuses.

You’re fired.

:+1:

@manch has forgotten all his Chinese teachings, forgotten about Sunzi and the 36 stratagems.
斧底抽薪

People are lowering their estimates of China’s GDP growth. It’s a huge deal. Not sure why people in the west don’t seem to know about it.

It basically affects the entire eastern seaboard. Of course Beijing and Shanghai are exempt from any power cut. Even in Guangdong some factories are ordered to only operate one day a week.

Not everything can be solved by “strategies” you find inside fortune cookies.

Looks like anti-coal lobby is having a field day.

Without knowing the goal and the problem to be solved, @manch conclude can’t be solved. SMH.

Go back to learn what Laozi and Sunzi have said. Figure out the situation first.