patrick.net

Logan Mohtashami says

Logan, the central banks of the world have inflated the mother of all bubbles.

64% of $SPX companies beat sales estimates for Q1, above the 5-year average

PaisleyPattern says

The US Fed must maintain low interest rates

Core inflation CPI hasn't printing one time over 3% year over year

tsk tsk

PaisleyPattern says

Your perspective and analysis of the economy is clearly biased

Quod Erat Demonstrandum

We have the longest job expansion on record and in 2 years we will have the longest economic expansion on record witch if both stay constant

E -----

Only time this has happened ever in U.S. history

PaisleyPattern says

It must be exciting, but don't fool your self and others that you are a participant in a healthy and sustainable economy.

I have always stayed consistant on this view, high school drop outs with substance abuse need help ( federal intervention) the rest will be ok

Thankfully the rise of women and educated women makes up for the lack of men in certain groups to contribute to the economy

Hence the 5,740,000 job openings with over 166,000,000 people working

Any other cute theories?

Quod Erat Demonstrandum

difference between you and I, always

Ayeeeeee!! Lying Logan is BACK with his inane chart diarrhea. He promised to quit posting on Patnet, but no. For the people that may not know Logan already, or have not understood what Logan is trying to do, let me summarize what Logan's agenda is:

1. post lots of inane charts that are dishonest, irrelevant or misleading
2. convince you that everything is hunky dory with jobs, incomes and asset (esp. house) prices. No price is too high! Buy now!
3. convince you that you should take up a loan you cannot afford, preferably from Logan's mortgage loan company
4. PROFIT (for Logan, not for you)

QE has stopped but the low interest rates have persisted. Corporate sales are being fueled by this cheap money. Longest jobs expansion, but also longest coordinated and unprecedented central bank low interest policy. CPI is distorted. Just look at real estate, insurance, college, anything that can be financed has inflated. This inflation is enabled by the low interest rates. Things that must be purchased with unfinanced unleveraged dollars, are not inflating.

justme says

Lying Logan is BACK

Quod Erat Demonstrandum

Ahh a theme is going on here ...

Don't worry this is my only thread for the year, only so much Anti American non sense even I can take ;-)

Hope all is well

The rise of women in the workforce is due to the increasing cost of living, it now takes two incomes to support a household. There is no need to make up the work force, The value of labor is currently cheat in the United States as there is an excess of labor. This is why long term wages are declining. Low interest rates and bubble economics are an attempt to mask the effects of this on the population.

PaisleyPattern says

The rise of women in the workforce is due to the increasing cost of living,

What I see in the group of men here is a constant paranoid thesis

Makes sense since one provides data and the others just talk ( admirable) but not effective

Quod Erat Demonstrandum

However, high marks for the adorable paranoid old men group...

You guys all of you are just awesome with that... I can never beat you guys on that aspect!

So, with out any further ado, this is my very last post on this thread....

Have a wonderful 2017, hope all your families are well and don't forget Quod Erat Demonstrandum

What you have failed to address is the impact up coordinated low interest rate policies on global asset prices. Clearly this is inflationary. Clearly it has gone on for an extraordinary length time. And high marks to you for, oblivious, blatant professional,inexcusable parasitical shillery.
Honor virtutis praemium.

Where is the virtue in the modern Republican platform?

Hey, if the republicans suddenly backed some of Bill Gates and Warren Buffets ideas about taxation, or if they brought about single payer, I would think about switching parties.

But otherwise fighting for what we want the democratic party to be makes more sense. There is a lot of change that's going to be coming in the next couple decades, one way or another.

Logan Mohtashami says

You've never cared to chat, only to chart.

Quod Erat Demonstrandum

This represents the whole of Logan's reply to a chart that demonstrates real data when it comes to the economy. Latin that applies to him about as much as his charts apply to impartial sources.

I just farted.

Quigley says

To combat the problem of popular revolt our overlords have developed several strategies.

1)buy up all available property and drive rents through the roof while taxing the shit out of the workforce. This results in fewer babies born, keeping population in check while letting the owner class increase their wealth and power.

2) push automation to its endpoint as fast as possible! This means robot soldiers, or robot dogs with mounted machine guns or robot planes that can deliver a payload on rowdy deplorables with the push of a button. This concentrates power tremendously, handing full control of a robot army to the oligarchy. Ordinary soldiers who can rebel or fail to carry out despicable orders will be obsolete.

3) ensure steady supply of deadly drugs to the populace, so the people without hope will kill themselves off. Last year that happened to 50,000 Americans. Why do you think we are still in Afghanistan? It ain't because we love messing with the Taliban or giv...

6. Present the false choice of Democrat vs. Republican while owning both parties and controlling the media narrative.
7. Create an endless supply of money to bail themselves out when their investments go bust, at the expense of the those of lower economic status than them.
8. Create and environment of endless war to further enrich themselves while using it as an excuse to force those of lower economic status to continue to sacrifice for them.

Logan comes on and it's like a flashpoint...
Que the crazies.

I just had to this in

Job Openings over 6,000,000 world record high with over 166,000,000 people working

Golds Bugs, Zero brain dead, MMT fail fail fail fail

This is America .... take your weak economic game out of here ... longest job expansion on record 80 months