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(Marketwatch)   Bond yields rise causing stocks to tank after weak bond auction. Powell last seen crying in the corner   (marketwatch.com) divider line
    More: Obvious, Bond, benchmark Treasury note, Peter Boockvar, chief investment officer, Thursday afternoon, 7-year notes, 7-year note auction results, Bond prices  
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444 clicks; posted to Business » on 25 Feb 2021 at 6:50 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



14 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-02-25 7:21:32 PM  
Bruh. Didn't you get the memo? There is no inflation.
 
2021-02-25 7:43:27 PM  
QE baby

quantitative easing for the win
 
2021-02-25 7:46:28 PM  

Likwit: Bruh. Didn't you get the memo? There is no inflation.


Couldnt afford the paper given lumber prices.
 
2021-02-25 8:13:05 PM  
The 10 year yield at 1.5%?

OH NOES
 
2021-02-25 8:35:03 PM  
Bronds >  Stonks
 
2021-02-25 8:47:53 PM  

AsparagusFTW: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Couldnt afford the paper given lumber prices.


No kidding. Yesterday I paid $13 for a board that was $7 last year, and less than that not all that long ago.
 
2021-02-25 8:54:23 PM  

ranchguy: QE baby

quantitative easing for the win


Powell will just buy them up at a lower rate than the open market.
In fact, we should just do away with all federal taxes and simply print cash.
Then the federal government can direct the economy from one location.  So efficient!
/Comrade
 
2021-02-25 9:09:06 PM  

Al Tsheimers: AsparagusFTW: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Couldnt afford the paper given lumber prices.

No kidding. Yesterday I paid $13 for a board that was $7 last year, and less than that not all that long ago.


At least it grows on trees.
 
2021-02-25 9:22:22 PM  
Did Pete green this, or was it his brother?
 
2021-02-25 9:35:30 PM  

Al Tsheimers: AsparagusFTW: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Couldnt afford the paper given lumber prices.

No kidding. Yesterday I paid $13 for a board that was $7 last year, and less than that not all that long ago.


Got board. Im punny.

Anywho, looked at charts going back 5 years. Contract prices were at ~$200 per unit 5 years ago, today they are $1007 per unit. Annualized rate of about 37%.

"BUt PoWEll SAiD...."

Fark user imageView Full Size
 
2021-02-26 7:30:01 AM  

AsparagusFTW: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Couldnt afford the paper given lumber prices.


I would give this a funny if it wasn't Farking my current home improvement project...
 
2021-02-26 7:45:29 AM  

Likwit: Bruh. Didn't you get the memo? There is no inflation.


Lumber and steel have doubled but we don't count those
 
2021-02-26 8:43:11 AM  

radbaron: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Lumber and steel have doubled but we don't count those


If you read the site too, medical is determined by Medicare B and D payments. No one pays those prices.
 
2021-02-26 9:53:18 AM  

radbaron: Likwit: Bruh. Didn't you get the memo? There is no inflation.

Lumber and steel have doubled but we don't count those


Notice how gold isn't doing too well compared to shiat that is actually useful?I'm going to start hoarding tin doubloon.
 
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