MisFit Kid Posted July 9, 2021 Report Share Posted July 9, 2021 Must be Friday.......... aka........(All Time High Groundhog Day) Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 9, 2021 Report Share Posted July 9, 2021 Link to comment Share on other sites More sharing options...
DrStool Posted July 9, 2021 Author Report Share Posted July 9, 2021 I'm safely ensconced in an apartment on the Lower East Side, ooops, I mean the Kazimierz neighborhood of Krakow. But if you didn't tell me that, I'd think that I was in a typical New York ethnic neighborhood, like Astoria, Queens. Just more sidewalk restaurants and bars here. Link to comment Share on other sites More sharing options...
DrStool Posted July 9, 2021 Author Report Share Posted July 9, 2021 And what we have in the stock market is YABO. Yet Another Breakout. People keep expecting something different. We'll I am not. Because Rule Number One and Rule Number Two. Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 9, 2021 Report Share Posted July 9, 2021 I expect a healthy dose of Venezulafication-Japanifaction-Brazilification, et al.......... "et al" is the only curious part at this point..... >: J. Powell, et al.....are now the 8th wonder of the world...... Link to comment Share on other sites More sharing options...
DrStool Posted July 10, 2021 Author Report Share Posted July 10, 2021 We are in the early stages of a social catastrophe. https://www.washingtonpost.com/business/2021/07/09/rent-prices-rising/ Link to comment Share on other sites More sharing options...
aussiebear Posted July 10, 2021 Report Share Posted July 10, 2021 Same happening here in Australia: https://www.abc.net.au/news/2021-06-28/can-regional-property-boom-continue-or-be-a-bust/100248228 Link to comment Share on other sites More sharing options...
DrStool Posted July 11, 2021 Author Report Share Posted July 11, 2021 Now that rents are rising in most places, it will start to impact CPI. Especially if landlords get aggressive and start stinging holdovers with big rent increases. The BLS gonna be stuck with that lagging bullshit OER shit for months and months after the fact. We'll be looking at core CPI of 5-6-8% long after house prices have started down. What's Bureau of Liar Statistics gonna do then. What's the Fed gonna do then. If you don't tell the truth with your stats, eventually they come back to bite you in the ass. I'm in Krakow. Amazing, beautiful city, where the locals love their street life. I've never seen so many outdoor food courts anywhere. https://instagram.com/stories/200daysineurope/2615352891749595383?utm_source=ig_story_item_share&utm_medium=share_sheet Link to comment Share on other sites More sharing options...
MisFit Kid Posted July 11, 2021 Report Share Posted July 11, 2021 16 hours ago, DrStool said: We are in the early stages of a social catastrophe. https://www.washingtonpost.com/business/2021/07/09/rent-prices-rising/ (3%)Really.......Always with the BS "%" narrative.........and with a straight face, too........... Link to comment Share on other sites More sharing options...
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