PJMedia:
Politico calls the coming avalanche of bad economic news a “Category 5 storm.” Indeed, the Biden administration may want to dig a hole and hide while Biden goes to his summer home in Delaware, given the depressing numbers that will come out of Washington this coming week.
Consumer confidence numbers (which currently stink) hit on Tuesday. A Federal Reserve meeting and decision on interest rates, coupled with a press conference from Fed Chair Jerome Powell, follows up on Wednesday.
The first reading on second quarter economic growth drops on Thursday. And the latest numbers on our vexing run of historically high consumer price inflation close out the monster run of data on Friday. In a note to clients today, analysts at Deutsche Bank suggested the flood of information will “leave you breathless.”
Yikes.
For the White House, hope springs eternal. The administration has been touting the dropping price of a gallon of gas this month as if they’re reading the entrails of a newt and discovering that “prosperity is just around the corner,” as Herbert Hoover claimed right before the bottom dropped out of the economy.
But what are those newt entrails really telling us? more
Silver is at 18 and 86. Gold is at 1,737 and 00.
“Biden Administration Bracing for a Tsunami of Bad Economic News This Week”
Translation;
The lying, bullshitting, corrupt biden administration is planning their normal lying, deceitful, ridiculous poppycock horseshit story for the stupid, naive, sheep that will continue to vote democrat no matter HOW STUPID the commie democrats openly show themselves to be.
Erik, how much more of a buying opportunity can we afford?
Democrats are bad economic news, the Biden malAdministration is bad economic news taken to the nth degree.
Fuck Biden. What about us??
joe6pak, it’s not about buying opportunity. It’s about fuckery.
It is amusing that only in the field of mainstream economics is it normal to talk about the growth of something that’s getting smaller.
Fake administration – Real consequences.
Same shit as before, raise the price until sales fall off, drop the price so everybody feels better, raise the price again.
And you can blame the dem voters, cause he didn’t win in the first place.
Sell sell sell sell sell sell sell sell sell sell!
(That’s my best Jim Cramer imitation.)
The only satisfaction is knowing that all Democrats (especially the ones involved in ballot harvesting) are getting equally screwed.
One reason why Biden spirited himself away with a bogus “covid infection” like a broken-down incompetent ghost.
jellybean
JULY 24, 2022 AT 11:14 PM
The ILLEGITIMATE, FRAUDULENT, lying, bullshitting, corrupt biden administration
Bad news for most; good news for some.
Depends on who’s on top.
Their plan is coming together.
mortem tyrannis
izlamo delenda est …
The good news, regular gas in now mid $4.60’s a gallon in the Spokane area but it’s still obscenely overpriced. My daughter in Nashville bought gas at a Kroger for under $4 gal. over the weekend.
“Biden Administration Bracing for a Tsunami of Bad Economic News This Week”
The real question is whether or not they’ll blame this tsunami on climate change 😉
Silver at 18 and 80. Gold at 1735 and 20.