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PostPosted: Thu May 10, 2018 7:00 am 
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Stocks in danger zone because 'inflation has changed its stripes,' market watcher Jim Paulsen warns

https://www.cnbc.com/2018/05/10/stocks- ... warns.html

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PostPosted: Thu May 10, 2018 7:17 am 
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What costs more now other than gas?

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PostPosted: Thu May 10, 2018 8:35 am 
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I always had a feeling inflation was higher than the 1-2% numbers claimed by the experts. Over the last 10 years or so.

Housing, Health Insurance, College... all big ticket items. Prescription drugs. Even new cars are pretty pricey with all the extra gadgets and technology.

Beers at the breweries are now $5-$6, instead of $3-4 Happy hour prices. Burgers and sandwiches can be $12 instead of $8-$9.

Single day ski passes are ridiculously expensive, nothin new there.

Technology like big screen tvs and chromebook computers have gotten cheaper.

Food and energy costs seem pretty stable, though gas is going up right now.


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PostPosted: Thu May 10, 2018 10:44 am 
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Regional fluctuations more than inflation I would guess. Housing and College yes, tech - cheaper so it offsets. Beer and sandwiches are not applicable....

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PostPosted: Thu May 10, 2018 11:18 am 
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john wrote:
What costs more now other than gas?



EVERYTHING!! Fishing costs 3 times what it did 10 years ago. Food too.

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PostPosted: Thu May 10, 2018 11:37 am 
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Inflation numbers are so manipulated that the official numbers don't tell the real picture anymore.

I think everything costs more now. Costs really went up during the Obama era. During the last months of the bush era- OIL spiked to $120/ barrel.

This spike is the reason for the great recession. I have no doubt about this. The first domino was oil price spike. That then caused a ripple throughout the economy. Companies started laying off people, which caused many initial defaults on home mortgages.

As it got worse, we were losing 800,000 jobs per month, the housing market crashed big time.

It all starts with the price of energy. Oil prices affect the cost of almost everything. Every product that must be transported costs more from food on up.

Oil closed at $70 this last week, and some say we could see $100 oil soon.

Here we go again/

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PostPosted: Thu May 10, 2018 3:02 pm 
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Thanks Trump! :doh:

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PostPosted: Fri May 11, 2018 3:57 am 
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It won't get anywhere near $100. Shale production is kicking in again and smooth out the market. All of the old rules are out the window.

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PostPosted: Fri May 11, 2018 8:20 am 
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john wrote:
It won't get anywhere near $100. Shale production is kicking in again and smooth out the market. All of the old rules are out the window.

:yeahthat: Thanks Trump!

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PostPosted: Fri May 11, 2018 10:19 am 
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Photo-fish wrote:
Thanks Trump! :doh:


I agree with Photo and Slickgreen,

Thanks Trump!!

Without Trump we would be in deep doodoo. His policies have ramped up oil production and the GDP is almost 3%.

Imagine if we had Obummer or Hitlerly- without the extra oil production we would be at $100/barrel right now!!

The economies all over the world are doing better, demand for oil rising thus driving up prices.

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Socialism is a philosophy of failure, the creed of ignorance, and the Gospel of envy. Its inherent virtue is the distribution of equal misery Churchill

https://fcpp.org/2009/01/16/atlas-shrug ... -52-years/

Government is not the solution to our problem, Government is the problem
Ron Reagan


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