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Some good news today for liberals.
Just kidding, it's bad for Democrats :1orglaugh
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Yes it's called inflation :( Sucks
Inflation Data Shows Why the Fed Hesitant to Declare Victory | Bloomberg 5-31-18 "U.S. inflation is back at the Federal Reserve’s 2 percent target after spending most of the last six years below it. The pickup has been driven by factors not necessarily linked to the strength of the economy, which means there’s no guarantee that it will stay there for long." Market bull warns 2019 could turn ugly as inflation grows | CNBC.com "As we get into 2019, this earnings cycle is going to run its course. The earnings growth will have to slow because the year-over-year comps get so tough," he told CNBC's "Futures Now" on Thursday. "When you've got slower earnings growth and higher interest rates, that's going to knock down equity valuations." |
#thanksobama
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We had 6 great years of being far below 2% inflation under Obama. One year of Trump at were tipping over 2%. Now interest rates are much higher so we're paying more on credit cards, home loans, student loans, etc. The price of gas has gone up 4%, the price if food is up 3% and overwall wage increase is only 2.3% :( Inflation Data Shows Why the Fed Hesitant to Declare Victory | Bloomberg 5-31-18 "U.S. inflation is back at the Federal Reserve’s 2 percent target after spending most of the last six years below it. The pickup has been driven by factors not necessarily linked to the strength of the economy, which means there’s no guarantee that it will stay there for long." |
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I knew this was a bait and switch...
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Funny how he called the numbers phony under Obama, but now they are real
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