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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Hmmm...now let me think...Ahhhyah...you are a financial pro...so you should be rather up on what is happening in the macro economy...so you should know if this is a good time price wise to buy tech stuff...
The new report is an uptickin in headline inflation to 6.4%...but diggin into the weeds we come up with disinflation in TV's etc...Demand destruction in non essential consumer goods .but inflation is still runnin hot on those pesky things like food and other essentials..this btw for my nay slayers is exactly what I said would happen...
Givin that more than 1/2 of Americans are livin from pay check to paycheck and that they are usin the CC to make ends meet...what do ya think demand is going to be going forward on non essential stuff like PC', TV's and such?
Next stop for this train is the Big Bankruptcy...
Just think of it..a mfg ain't gona be producin nothin if he can't make a $...he will close up shop which is gona put all those little Chinese people outa of a job, where they get all upset an start causin trouble....which is gona be causin Ji to pull his hair out...which is gona cause him to become more aggressive.
Maybe Biden should be sendin out some more stim checks so we all can go down to Wally's and buy stuff from China.
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"Some Observer"
Last edited by tabs; 02-17-2023 at 09:50 AM..
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