JavaScript is disabled
Our website requires JavaScript to function properly. For a better experience, please enable JavaScript in your browser settings before proceeding.
Status
This week's red-hot inflation report showed prices on many of the goods we buy are still extremely high. The cost, specifically for food items like beef and chicken, fruits and veggies, increased more than 13%.

 
I noticed that the vacant lot next to the local auto repair shop has suddenly filled up with vehicles. The shop owner said he was able to rent it from someone who had just bought the property. That means that the repair shop has gone from 10 vehicles on site to 30. 20 of these are waiting for parts, sometimes up to six months.

The new normal?
The Old Normal- soviet style..
 
How many TRILLIONS of dollars of securities/bond invested 401k/public/private/pension fund retirement wealth has been destroyed.

They should be broadcasting that MULTI TRILLION dollar number across every form of public and private communication on an hourly basis prior to the mid terms.

What we need is a veto proof congressional majority.
 
Well, how many are kicking ourselves for not buying the dip on Friday?

LOL......me included.

Aloha, Mark

PS.....today, 10-3-22
DOW closed up 765 (2.66%)
NASDAQ closed up 240 (2.26%)
S & P closed up 93 (2.58%)
 
from a daily, free email from https://forwardobserver.com this morning:

IMF: "BATTEN DOWN THE HATCHES": Citing unanticipatedly broad and persistent inflationary pressures, the International Monetary fund has cut its global growth projections for 2023, saying," The worst is yet to come." IMF chief economist Pierre-Oliver Gourinchas said 2023 would see a "broad-base" slowdown with the contractions of a third of the top economies, with the U.S., China, and Euro-zone economies expected to "stall." Goruinchas added that now was the time for people to "batten down the hatches" and prepare for difficulties as "2023 will feel like a recession."
 
from a daily, free email from https://forwardobserver.com this morning:

IMF: "BATTEN DOWN THE HATCHES": Citing unanticipatedly broad and persistent inflationary pressures, the International Monetary fund has cut its global growth projections for 2023, saying," The worst is yet to come." IMF chief economist Pierre-Oliver Gourinchas said 2023 would see a "broad-base" slowdown with the contractions of a third of the top economies, with the U.S., China, and Euro-zone economies expected to "stall." Goruinchas added that now was the time for people to "batten down the hatches" and prepare for difficulties as "2023 will feel like a recession."
But, but Brandon said it will only be an itty bitty, tiny little recession...:s0077:
 
1666193660182.png

Aloha, Mark
 
Phase two will hit no matter how the elections turn out. High interest rates will cause companies to lay off huge numbers of people. Every company in America borrows money to meet payroll so high interest hurts the bottom line.

We are buying Russian oil from the CCP while we empty our reserves. Once energy cost too much the entire country crashes because inflation will crash it.

Good luck.
 
Washington's response to the pandemic left household and business finances in unusually strong shape, with higher savings buffers and lower interest expenses. It could also make the Federal Reserve's job of taming high inflation more difficult.

The U.S. central bank is trying to slow down economic growth to prevent inflation from becoming entrenched. To that end, it has increased rates aggressively this year and is likely to raise them another 0.75 percentage point at a two-day policy meeting that concludes Wednesday. That would bring the benchmark federal-funds rate to a range of 3.75% to 4%.

Some officials have argued for slowing the pace of rate rises after this week's meeting. But the debate over the speed of increases could obscure a more important one around how high rates ultimately rise. In economic projections released at the Fed's last meeting in mid-September, most officials anticipated their policy rate would reach at least 4.6% by early next year.
But some economists think it will have to go higher than 4.6%, citing in particular reduced sensitivity of spending to higher interest rates.

"The big question will be, given the resilience the economy has had to interest-rate increases so far, whether that will actually be sufficient," said former Boston Fed President Eric Rosengren. "The risks are they're going to have to do a bit more than they're suggesting."


 
Firearms!!! Fire arm stuff. AR15s will be more expensive. Stock market bad for GUNS and ammo……… "for the community guideline closure imminent."

Why can't we have this conversation if the members like to have it?? I understand it's a firearm forum but this is life. Also financials have quite a bit to do with firearms, if we can buy them or not. We have friends here. We should be able to have this kind of conversations. Your thoughts adman's??????
 
RIF coming full blast next week. Reduction in Force layoffs just before the holidays and the consequences will hurt those businesses that depend on the holidays to get into the black.

Imagine, being forced to get the jab or lose your job only to be laid off and no health care after getting the experimental jab. Laid off in a time of high inflation, survival would have been easier if you saw this coming months ago.

Can you see what's next? They have been telling you.

Two days ago the potus said he will shutdown coal and today he said he won't allow oil drilling. With heating oil back east at 5.90 a gallon it looks like long underwear is going to be in fashion.
 
Last Edited:
Status

Upcoming Events

Tillamook Gun & Knife Show
Tillamook, OR
"The Original" Kalispell Gun Show
Kalispell, MT
Teen Rifle 1 Class
Springfield, OR
Kids Firearm Safety 2 Class
Springfield, OR

New Resource Reviews

New Classified Ads

Back Top