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gdl

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Alias Born 12/18/2012

gdl

Re: None

Monday, 02/05/2024 9:11:04 AM

Monday, February 05, 2024 9:11:04 AM

Post# of 1349
Expecting a BIG NUMBER for January Service. This economy is on FIRE! The evidence is clear unless NY lives in a vacuum. Once this hits the wire, I expect the street to scratch its head and find a way to stay positive. Afterall a strong economy is good for business. Wonder how long they can hold that theme without seeing rates as a problem. Market should stay sanguine till someone dares to talk about a possible rate HIKE!

Like I stated before I was waiting for a heating economy and now that it is here the timeline for a crash has started. Took way longer than expected but WAGES spiking is the key and reason why the inflation cycle has started.

Then we had Powell on 60 minutes saying stuff like this: The U.S. national debt topped $34 trillion for the first time ever in early January, just over three months after surpassing the $33 trillion mark, according to data released by the U.S. Treasury. What is a TRILLION added to the national debt in 3 months' time?

All happening in a euphoric stock market moment.

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