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2025-06-28 Economy

How Wall Street powered to a record high and what comes next

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Posted by Besoeker 2025-06-28 05:45|| E-Mail|| Front Page|| [97 views ] Top

#1 Powell needs to retire. His inflation argument is no longer valid.

Posted by Besoeker 2025-06-28 05:50|| 2025-06-28 05:50|| Front Page Top

#2 Ah, yes, that transitory inflation. And then there's that Janet Yellen thing. Remember when she said they were watching inflation closely. Uh-huh

And speaking of inflation, how's that stock market doin'?

Posted by DooDahMan 2025-06-28 08:11|| 2025-06-28 08:11|| Front Page Top

#3 As of May 31st, US Inflation Rate was roughly 2.35% - 2.37% based on the Consumer Price Index (CPI) and Personal Consumption Expenditures Price Index (CPE).

Having the Fed keep rates at 4.5% (supposedly to curb inflation) is ludicrous. That rate should be somewhere in the 3.5% to 3.7% to reflect reality.

Posted by Mullah Richard 2025-06-28 09:05|| 2025-06-28 09:05|| Front Page Top

#4 Does anybody really believe 2.35-2.37% inflation? On the moon or Mars, maybe.

Oh, and is that "less food and energy" or for a different fake number?

Posted by DooDahMan 2025-06-28 09:56|| 2025-06-28 09:56|| Front Page Top

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