samurai_science said:

---

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Will you start a thread in 6 months when its revised down?

---

Revised down to 4.3? Will that make you feel better?

Did the q2 numbers get revised yet?

Anyone got a link for that thread?

2040huck said:

---

samurai_science said:

---

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Will you start a thread in 6 months when its revised down?

---

Revised down to 4.3? Will that make you feel better?

---

Last revision round decreased it by 2.8%

Whats the gdp goal these days? These pie in the sky numbers are overstated by +/-100%...

...Yet the sheep keep gobbling them up

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Wouldn't the 3rd qtr gdp need to reflect inflation from the prior quarters and not just current quarter inflation?

So basically GDP growth is still running behind inflation growth especially when you consider that GDP is going to INCLUDE food and energy whereas inflation typically EXCLUDES food and energy?

All I know is that costs are insane and am getting poorer everyday regardless of how much money I make or what returns I get

Not Coach Jimbo said:

---

2040huck said:

---

samurai_science said:

---

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Will you start a thread in 6 months when its revised down?

---

Revised down to 4.3? Will that make you feel better?

---

Last revision round decreased it by 2.8%

Whats the gdp goal these days? These pie in the sky numbers are overstated by +/-100%...

...Yet the sheep keep gobbling them up

---

I should maybe take your word for it, but havent seen that reported. Link?

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

American Hardwood said:

---

Anecdotal I know, but I went out to brave the Thanksgiving weekend shopping bonanza I always hear about. (traditionally, I never go out on Black Friday and the following weekend).

I went to Walmart fully expecting it to look like Beirut as it usually does during Christmas season and it was somewhat busy, but nowhere near the madhouse I thought it would be.

Then I took a chance at the mall. Surprisingly I found easy front row parking which never happens. It had a good number of shoppers, but again, nothing crazy.

But I also dined out this weekend and was pretty shocked at how dead all the restaurants were. I don't know if it was a turkey hangover that kept them out, or that people were choosing to shop with their dollars instead of eating with them, but crowds were way below usual at restaurants. I haven't seen numbers, but in my experience the two biggest places inflation has hit me is at the grocery store and at restaurants. Dining out has gotten insane.

---

Can't speak for eating out but Black Friday has completely changed to an online deal. Online sales grew 8% this year from Black Friday and Cyber Monday. Up to $10B for that weekend. Big box stores are dead.

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market gain could drop by half over the next month. It's s huge sinusoid under Biden.

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Not heavily.
we might have recovered in the last few months, but overall its still meh.
And Tech industry is getting slammed. There's a few companies propping up NASDAQ (Nvidia comes to mind), but overall future looks like shi$.

Logos Stick said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market could drop by half over the next month. It's s huge sinusoid under Biden.

---

10 points but fair.

I just think the hyperbole either way is funny. If your portfolio is down since Jan 2021, you had too many long duration bonds and got destroyed by interest rates.

Logos Stick said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market could drop by half over the next month. It's s huge sinusoid under Biden.

---

You think the market might drop by 50 % over the next month? Do you keep any stocks?

deddog said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Not heavily.
we might have recovered in the last few months, but overall its still meh.
And Tech industry is getting slammed. There's a few companies propping up NASDAQ (Nvidia comes to mind), but overall future looks like shi$.

---

Maybe in 2024. Tech has killed it this year. NVDA, META, CRM, MSFT,AAPL, GOOGL, AMZN, TESLA are all up anywhere from 45-230%.

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

2040huck said:

---

Logos Stick said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market could drop by half over the next month. It's s huge sinusoid under Biden.

---

You think the market might drop by 50 % over the next month? Do you keep any stocks?

---

I meant the gain could disappear. That gain could disappear like a vapor.

Volatility

Logos Stick said:

---

2040huck said:

---

Logos Stick said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market could drop by half over the next month. It's s huge sinusoid under Biden.

---

You think the market might drop by 50 % over the next month? Do you keep any stocks?

---

I meant the gain could disappear. That gain could disappear like a vapor.

Volatility

---

So, the stock market could be uncertain. Thank you

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Has the OP been reading the Biden Turkey Talking points...
Biden's new strategy is to lie, divide and mislead... Oh wait that is the old strategy.

https://nypost.com/2023/11/23/news/biden-campaign-releases-thanksgiving-talking-points-for-responding-to-crazy-maga-nonsense-on-the-same-day-he-begs-stop-the-rancor/

BoydCrowder13 said:

---

deddog said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Not heavily.
we might have recovered in the last few months, but overall its still meh.
And Tech industry is getting slammed. There's a few companies propping up NASDAQ (Nvidia comes to mind), but overall future looks like shi$.

---

Maybe in 2024. Tech has killed it this year. NVDA, META, CRM, MSFT,AAPL, GOOGL, AMZN, TESLA are all up anywhere from 45-230%.

---

FWIW - on my 401K only

YTD return: 11.4%
Cumulative return Nov 2020 - Nov 2023: -6.06% (Annualized -2.06%)
Cumulative return Nov 2014 - Nov 2023: 48% (Annualized 4.5%)
So you can start to see why the ending Obama and Trump years were far better than Biden.

25% of my 401K is in S&P 500 Index fund.
13% Bonds
Rest in Mid cap/Small cap

Obviously these allocations have changed over time
.
Also, to be clear, we've not lost 200K on the 401K, its across all of our retirement accounts and that might have been roughly 6 months ago.

MouthBQ98 said:

---

I need to see how that number was derived because again, the public isn't perceiving that growth.

It sure seems like there is a disconnect between inflation metrics and growth metrics that is causing most people to perceive they are not making any headway.

---

OP won't look at the growth in credit card debt.

deddog said:

---

BoydCrowder13 said:

---

deddog said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Not heavily.
we might have recovered in the last few months, but overall its still meh.
And Tech industry is getting slammed. There's a few companies propping up NASDAQ (Nvidia comes to mind), but overall future looks like shi$.

---

Maybe in 2024. Tech has killed it this year. NVDA, META, CRM, MSFT,AAPL, GOOGL, AMZN, TESLA are all up anywhere from 45-230%.

---

FWIW - on my 401K only

YTD return: 11.4%
Cumulative return Nov 2020 - Nov 2023: -6.06% (Annualized -2.06%)
Cumulative return Nov 2014 - Nov 2023: 48% (Annualized 4.5%)
So you can start to see why the ending Obama and Trump years were far better than Biden.

25% of my 401K is in S&P 500 Index fund.
13% Bonds
Rest in Mid cap/Small cap

Obviously these allocations have changed over time
.
Also, to be clear, we've not lost 200K on the 401K, its across all of our retirement accounts and that might have been roughly 6 months ago.

---

Fair enough. Small and mid cap have gotten crushed over the past 3 years. Especially since small cap is essentially all high growth. Which has gotten punished in a high interest rate environment.

2040huck said:

---

Logos Stick said:

---

2040huck said:

---

Logos Stick said:

---

BoydCrowder13 said:

---

deddog said:

---

Philip J Fry said:

---

Should also recognize that your 401K hasn't grown in almost 3 years. even if it up 17% this year. That's how much wealth Biden has wiped out.

---

We've lost 200K in retirement plans since Biden became President.

---

How heavy are you in bonds? The S&P is up close to 25% since the inauguration.

---

Right, and 14 points of that is in the last three weeks. LOL

This market is extremely volatile so let's put the brakes on that narrative, shall we. The VIX has averaged like 25 since Biden took over. Under Trump it was half that.

The market could drop by half over the next month. It's s huge sinusoid under Biden.

---

You think the market might drop by 50 % over the next month? Do you keep any stocks?

---

I meant the gain could disappear. That gain could disappear like a vapor.

Volatility

---

So, the stock market could be uncertain. Thank you

---

You don't understand volatility. Words have meaning. I didn't say uncertainty, lib.

Last year the FJB administration was pushing a core inflation number (which excludes energy and food) because the real inflation number would have been 2x what they reported.

Now the libs trumpet real inflation in lung food and energy as the decline in O&G prices is cutting the total in half.

CHERRY PICKING LIE

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

We will see if every projection is wrong. Most major analysts and Wall Street see a 75 basis point to 250 basis point drop in rates in 2024.

Same ones that called inflation transitory?

CDUB98 said:

---

Same ones that called inflation transitory?

---

Figured that exact response was coming haha. Everyone has been wrong before. We'll see if they are again. I don't think those same people want egg on their face twice though.

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

Sounds like a small side bet...

Election year, Biden administration claims inflation is under control and will lower interest rates.

$100 bet?

I am not a Biden fan so no way is this an endorsement for Biden. Just politics.

BoydCrowder13 said:

---

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

We will see if every projection is wrong. Most major analysts and Wall Street see a 75 basis point to 250 basis point drop in rates in 2024.

---

Is it most major or "every projection" that is supposed to be wrong?

1Q 2024 does not equal "sometime in 2024 or early 2025" which I agree has been predicted. 75 basis points is a short-medium term GOAL but I have not seen a prediction of 250 basis point drop.

If the drop is that big, it means the economy has fallen off a ****ing cliff and whilst mortgages may be lower you will be funding that mortgage with an unemployment check - or Biden will send you a check for your mortgage in exchange for a vote.

PA24 said:

---

Sounds like a small side bet...

Election year, Biden administration claims inflation is under control and will lower interest rates.

$100 bet?

I am not a Biden fan so no way is this an endorsement for Biden. Just politics.

---

I would happily send $100 to the charity of your choice if the fed announces a 25 basis points or higher rate CUT in 1Q2024.

fka ftc said:

---

BoydCrowder13 said:

---

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

We will see if every projection is wrong. Most major analysts and Wall Street see a 75 basis point to 250 basis point drop in rates in 2024.

---

Is it most major or "every projection" that is supposed to be wrong?

1Q 2024 does not equal "sometime in 2024 or early 2025" which I agree has been predicted. 75 basis points is a short-medium term GOAL but I have not seen a prediction of 250 basis point drop.

If the drop is that big, it means the economy has fallen off a ****ing cliff and whilst mortgages may be lower you will be funding that mortgage with an unemployment check - or Biden will send you a check for your mortgage in exchange for a vote.

---

UBS is on the far end of the projections with a 275 basis point drop.

BoydCrowder13 said:

---

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

We will see if every projection is wrong. Most major analysts and Wall Street see a 75 basis point to 250 basis point drop in rates in 2024.

---

There will be another 25 increase before year end.

And there is no way they will cut 250 unless we have a recession. You are living in Bernanke fantasy land.

fka ftc said:

---

PA24 said:

---

Sounds like a small side bet...

Election year, Biden administration claims inflation is under control and will lower interest rates.

$100 bet?

I am not a Biden fan so no way is this an endorsement for Biden. Just politics.

---

I would happily send $100 to the charity of your choice if the fed announces a 25 basis points or higher rate CUT in 1Q2024.

---

Logos Stick said:

---

BoydCrowder13 said:

---

fka ftc said:

---

PA24 said:

---

Public memory is short.

Expect interest rates to drop first quarter 2024 causing housing market to move up.



Biden got 81,000,000 votes in 2020. That is an insurmountable number of votes and most Americans believe they were legit. I don't but that is just me.

---

Rates likely not to drop though they may... may not go up.

It will have zero effect on housing with the substantial quantitative tightening Biden and Powell have done to keep inflation lower than it could be / should be.

Banks are puckering up like a duck's butthole (credit to Hawg for the saying).

That said, Biden and the complicit MSM will do EVERYTHING they can to prop up the economy through all sorts of spending and gimmicks in order to buy votes over the next 11 months.

---

We will see if every projection is wrong. Most major analysts and Wall Street see a 75 basis point to 250 basis point drop in rates in 2024.

---

There will be another 25 increase before year end.

And there is no way they will cut 250 unless we have a recession. You are living in Bernanke fantasy land.

---

I'm not voicing my opinion. Just looking at what the street is saying. And a recession certainly isn't off the table. Isn't that what this thread is about?

We'll see if we get another 25 before they are done. Depends on the Dec CPI print.

$11,400.

That's how much more Americans need today to afford basic necessities in comparison to when Joe Biden took office.

If Biden would have just allowed government spending from the pandemic to return to normal, none of this would have ever happened.

Instead, his first…

— Christian Collins (@CollinsforTX) November 29, 2023

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Great and all, but you tried to buy a house or a ****ing car lately?

It only took a gigantic money grift and 2 wars to do it.

In my years of working in the corp sector, i've never been in or heard of a RIF until the past few years.

IslanderAg04 said:

---

Opalka said:

---

Well doesn't that just suck...the GDP grew at a rate of 5.2% in the 3rd quarter. Yes, it's not going to stay that way, but still EXCELLENT news. Christmas spending is in full swing this quarter, and reports have been very good there also.

https://www.marketwatch.com/story/gdp-in-the-third-quarter-raised-to-5-2-rate-of-growth-21abd484?mod=home-page

Oh, and the current inflation rate is only 3.2%.
O&G prices are down...I've seen gas prices at less than $3 per gallon lately.
My 401K is up 17% this year so far.

Man, that's gotta be a downer for some of you Eeyore types.that are always pessimistic.
HAPPY HOLIDAYS anyway!!

---

Great and all, but you tried to buy a house or a ****ing car lately?

It only took a gigantic money grift and 2 wars to do it.

In my years of working in the corp sector, i've been in or heard of a RIF until the past few years.

---

what are you trying to say?