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U.S. Jobless Claims Surge to Three-Month High on Omicron Impact

Jermaine .A

Joined: 21/12/16


Comments by Jermaine .A
Biden administration signals Friday's inflation data could be high Dec 09, 2021 11:11AM ET
looool damage control
U.S. 10Y Nov 15, 2021 12:44PM ET
you just copy and pasted Peter Schiff tweet lol
Slowing Global Growth May Derail The Bull Market Nov 05, 2021 11:06AM ET
The bull market will derail when the money printing stops
Cameco Nov 03, 2021 10:42AM ET
Lots of buyers don't get this but the stock will probably continue to moon. I definitely wouldn't short it.
Bond Investors Remain Confused About Inflation As Doves Reign At Central Banks Oct 26, 2021 9:43AM ET
Lol Yellen being a central banker before didn't make her anymore trustworthy than she is now.
UK inflation dip unlikely to deter Bank of England from rate hike Oct 20, 2021 2:24AM ET
CPI is a fraud measure. The RPI is more accurate and surprise surprise it actually increased to 4.9% YoY
Wall Street Rises at Opening After Jobless Claims, PPI Relief; Dow up 300 Pts Oct 14, 2021 10:25AM ET
Mistake. It went to negative 1.2 at one point but price have rebounded and surpassed all the decreases by a massive margin so even still you're wrong to suggest the pandemic relived the US of higher prices in general.
Wall Street Rises at Opening After Jobless Claims, PPI Relief; Dow up 300 Pts Oct 14, 2021 10:22AM ET
At no point during the pandemic did the PPI YoY go negative. It got close to flat after some negative MoM decreases. So try again.
Wall Street Rises at Opening After Jobless Claims, PPI Relief; Dow up 300 Pts Oct 14, 2021 10:01AM ET
A 0.5% increase in the PPI isn't relief, a negative number would be relief. Stop trying to play downplay the terrible price increases happening across the board, stagflation is a big problem right now.
Oil Ignores U.S. Weekly Build to Focus on Goldman’s $90 Call Sep 29, 2021 11:46AM ET
Looks like you're typical "buy the rumour, sell the fact" trade.
What Does Soft CPI Mean For FOMC, USD? Sep 14, 2021 6:13PM ET
CPI readings are artificially low because a big chunk of it is calculated with "owners equivalent rent". A measure which uses home owner guesses of market rent instead of actual real rent price increases allows the fed to understate the effects of it's current monetary policy and call inflation transitiory. For anyone looking deeper into the data, you'll know stagflation is already here.
Tamer US August CPI bolsters Fed's transitory inflation case Sep 14, 2021 10:32AM ET
"owners equivalent rent" is dragging down CPI readings. If you used real rents it'd be much higher.
Tamer US August CPI bolsters Fed's transitory inflation case Sep 14, 2021 10:30AM ET
If the cpi included real rent prices instead of "owners equivalent rent" it'd probably be over 7-8% year on year
U.S. Added Only 235k Nonfarm Jobs in August, Missing Forecasts by a Mile Sep 03, 2021 8:40AM ET
U3 unemployment is a joke measure. U6 is more accurate. Also look at labour force participation rate, tells you a lot about current jobs environment.
U.S. Added Only 235k Nonfarm Jobs in August, Missing Forecasts by a Mile Sep 03, 2021 8:38AM ET
Say it with me....... STAGFLATION!
Opening Bell: Goldilocks Economy Boosts Futures, Stocks; USD, Gold Await NFP Sep 01, 2021 8:09AM ET
Current measures of rising prices does not suggest we have a "Goldilocks" economy. It already looks like we're slowing down while high inflation persists.
Gold: Is Another Crash Coming After Jackson Hole? Aug 27, 2021 5:02AM ET
What the market seems to not understand is that even if the Fed does taper, it's not going to be able to finish it without causing the market to crash and the US economy taking a massive hit. The Fed will not be able to normalize monetary policy with the current level of corporate and government debt (don't forget all the future stimulus bills that'll need to be funded). Maybe the market actually needs to see the consequences of the fed being boxed in before gold really takes off, but for now any indicators to tighten policy (high CPI readings etc) or a general mentioning of "tightening" policy seems to result in a gold sell off.
Drop in U.S. Retail Sales Indicates Shift to Services Spending Aug 17, 2021 8:47AM ET
I'd like to know that too. Smells like damage control
U.S. Job Growth Accelerated in July, Unemployment Rate Falls Aug 06, 2021 9:02AM ET
A bunch of states ended the generous unemployment and people went back to work in droves.Don't need an econ degree to see that coming.....
U.S. Labor Market Recovery Gained Pace in June, With 850K Jobs Created Jul 02, 2021 9:02AM ET
That image of the Burger King "Hiring now" sign always gets me lol
Fed Watch: Concern Growing About Central Banks Monetizing Government Debt Jun 14, 2021 9:12AM ET
Depends how you look at it. If the fed does the right thing it's a good short, if it succumbs to political pressure then stocks and bonds will still go up nominally. As they say don't fight the Fed, but if they continue easy money forever then the dollar will be the thing to short.
U.S. job openings jump to fresh record high in April Jun 08, 2021 10:13AM ET
All these openings because no one wants to work for chump change when unemployment is so frugal
$2,000 Gold? Not Right Now, Say Charts May 26, 2021 5:52AM ET
Gold is climbing a "Wall of Worry"