It will take a while for inflation to return to 2%: St. Louis Fed Pres. Bullard

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I read about a man in his 50s that started investing in stocks then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years

idellameyer
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Say goodbye to you local restaurants .

dustinjohnson
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I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

shellywhite
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In the eye of the beholder!! Lol the balls on this guy to lie with a straight face

andrewnmontemayor
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Boomers know so many things that just aren’t so.

Chris-xvwd
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Credibility is restored. Remember James. It's not a lie if you believe it😂

st_eunice
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If it’s in the eye of the beholder then it’s in the eyes of ~7 billion living beholders that it’s defined as two quarters of contraction, big or small.

cameronf
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He won’t say it. But the Fed needs to go “Paul Volcker” on rates.
All this garbage about Wall Street doesn’t mean a thing on Main Street.
Inflation is a killer. Recession is painful and will happen to fight inflation.
We all own this. We all have spent the money. Time to pay the bill. If the economy is as strong as they say. Now is the time. We can’t kick this down the road anymore.

headspaceandtiming
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Yes, James Bullard is right that it will take while to get to 2% Inflation. The prices that have risen pertain to Crude oil( travel dependant, home usage), Food, Steel, cement, pulp and other commodities all in a period of almost nil production. Actually, what is named " Inflation" is nothing but Paper Money ( Fiat currency) devaluation w.r.t. actual items of usage and not because of high " demand". Now neutralizing the low rates still mean nothing in a world awash with liquidity. Till that dries up .

sixteenthnovember
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How about giving us some facts such sales on cars, homes, computers, RVs, boats, PMI numbers, etc, etc. How are small businesses doing, are they doing well, how do their numbers look? How are layoffs looking, going up or down?

dalemoreland
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yeah because the fed doesn't have the balls to tighten beyond treasuries. seriously, start market selling some mortgage backed securities, and inflation will come down real quick.

Boxedwaffle
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These guys have guzzled the Fed Koolaid!!

redpillrenaissance
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There has always been a well defined definition of recession.
There still is.
These 🤡🤡🤡🤡 aren't fooling anyone but themselves.

GaryARahn
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Administration has no interest in lowering fuel
So will be a long long

bmphil
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I see news of companies laying off folks everyday. A lot of companies over hired and now are laying off staff.

JessicaHicks
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How long is awhile? In the 1970s it was the entir decade. Then most of the 1980s to decline below half of the 1970s inflation.

tmcche
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The stock market is drunk, go home. The crash is coming.

JStuartofficial
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Inflation wont reduce till next year

Prices wont go down theyll just hopefully freeze but last years baseline isnt moving either

Expect 8-10% inflation till next Feb

jimbojimbo
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So, a recession actually has no defined meaning? That is interesting, as it once was clearly defined. Now, it’s just whatever you want it to be? Sorry, that’s not reality.

ironmikehallowween
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Now their no definition of recession. Lol lol lol. Ok

mgvable