We've already passed the point of most people knowing how to fix things or maintain the things you have. I feel bad for kids growing up with social media, news, movies and video games designed purely for dopamine hits and nothing else. Truly hurts watching our elders getting brain rot later in life and the younger generations getting brain rot from the get go.
Sort of, it's easy to look like a zen god when you're printing money.
A lot harder to fix that final bit of really stubborn and sticky inflation that just won't go away and truly deliver 2%. It's been 6 years now doves championing supply shock and transitory inflation.
Meanwhile, even with tariff effects cooling, core + services was reaccelerating before the war.
So if soft landing means FAIT of 3%-4% in reality, not 2% yes he was achieving that. But affordability crisis isn't a hoax, it's real. And it has really gotten bad.
Not sure on that. They pushed it to 2029 so we're just going to cook 4 percent inflation for a bit then magically fix it with 3 rate hikes in a few weeks then chill it off?
What catalyst will actually fix this? Fomc minutes put that on GDP gains from ai and productivity from that too. We have zero evidence of either. Says right in the minutes, if that doesn't hold, stocks will suffer.
I think we have been running through inventories and people are buying extra of what they need in anticipation of bullshit such as oil. If corporate profits hold up despite all these headwinds into next year maybe it evens out, but this looks incredibly foolish for markets.
They really have an awesome product but holy fuck the people over at Simens who hire the C-suite are fucking morons so they hire C-grade losers who hire D-grade MLMs and it's all incompetents all the way down. I hear their pay is shit so they can't actually hire competent engineers to design and fix their processes.
All they have to do is make the fucking metal chassis. It's not like they are making the batteries. It's pure managerial incompetence.