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  1. Hobo Hilton

    Recession - 2022 / 2023 / 2024

    More propaganda from the UK...... If they tell a lie long enough people will start to believe it.... Until they run out of money. https://www.bbc.com/news/articles/cjrrk8j7pwxo
  2. Hobo Hilton

    Recession - 2022 / 2023 / 2024

    The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author of a time-tested rule for when recessions happen. Economist Claudia...
  3. Hobo Hilton

    PortaJohn

    https://www.nbcnewyork.com/news/business/money-report/treasury-secretary-yellen-says-u-s-debt-load-is-in-reasonable-place-if-it-remains-at-this-level/5503520/
  4. Hobo Hilton

    Stock Market

    Those cancelation fees are not going over well with the consumers. FTC sues Adobe for allegedly hiding fees, making it tough to cancel subscriptions The Federal Trade Commission sued Adobe and two of its executives Thursday, claiming the Photoshop maker hides early termination fees on its most...
  5. Hobo Hilton

    Inflation.......... ?

    He got that info from Janet Yellen.
  6. Hobo Hilton

    Any racial bias here?

    A lack of estate planning contributes to the racial wealth gap in homeownership. How JPMorgan is stepping in to help https://www.cnbc.com/2024/06/18/jpmorgan-to-invest-9point6-million-to-address-racial-wealth-gap-in-real-estate.html
  7. Hobo Hilton

    PortaJohn

  8. Hobo Hilton

    Inflation.......... ?

    That has been the FED's plan all along. More inflation to tame inflation. The plan is working, but it is painful for the working class. Great propaganda for the Government.... Make more / spend more / buying the same shit now as before the pandemic at a higher price.
  9. Hobo Hilton

    Stock Market

    Vanguard, the low-cost investing pioneer, will now charge $100 to close an account — unless you’re a multimillionaire 🤣🤣🤣 https://www.marketwatch.com/story/vanguard-the-low-cost-investing-pioneer-will-now-charge-100-to-close-an-account-unless-youre-a-multimillionaire-09ef461c?mod=bnbh
  10. Hobo Hilton

    Inflation.......... ?

    The FED Reserve is powerless.... Their plan is to do nothing. Just a paper tiger now. Fed’s Barkin: More data is needed before any changes are made to interest rates Richmond Federal Reserve Bank President Tom Barkin on Tuesday said more data was needed before the U.S. central bank can make...
  11. Hobo Hilton

    Inflation.......... ?

    Making more money.... Spending more money .......... But just buying the same shit. American households have seen their purchasing power increase Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might be welcome news for households...
  12. Hobo Hilton

    Food riots thread…and energy.

    US farmers shun buyers, cling to unsold corn as prices slump CHICAGO, June 17 (Reuters) - South Dakota farmer Eric Kroupa received a flurry of calls from grain dealers and ethanol plants asking to buy the corn locked away in his bins when prices neared 4-1/2-month peaks last month. He sold some...
  13. Hobo Hilton

    PortaJohn

    Trump's second-term agenda: deportations, trade wars, NATO rethink WASHINGTON, June 18 (Reuters) - Donald Trump plans to deport millions of migrants, reshape global trade with expensive tariffs and fill the government with loyalists if he wins a second four-year White House term in the November...
  14. Hobo Hilton

    Maggie’s What Do You Have In Your Bug Out Bag?

    Map of how to get to your bug out location. Surely you have a plan.
  15. Hobo Hilton

    PortaJohn

    It's working
  16. Hobo Hilton

    Stock Market

    "Rebalancing"... The insiders will make a killing. Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund Nvidia’s blistering rally will force a major technology exchange-traded fund to acquire more than $10 billion worth of shares of the chip giant...
  17. Hobo Hilton

    PortaJohn

  18. Hobo Hilton

    Stock Market

    Did that back in the 80's in Louisiana while working the oil patch...... AG Edwards pitched the "Limited Partnership Deal".... FED's / IRS came in and seized the company.... The investors lost everything. I carried it as a tax write off for several years. I'll pass on the oil patch. Thanks
  19. Hobo Hilton

    Stock Market

    Yes