Inflation rose 8.6% in May, highest since 1981

[Mega]

Tomorrow morning @8:30AM is the release of CPI data for June.
Time to load up on some SPY Puts...

 

[Brolic]

Tomorrow morning @8:30AM is the release of CPI data for June.
Time to load up on some SPY Puts...

Shouldn’t you have done that like 2 or 3 weeks before?

 

[Mega]

Shouldn’t you have done that like 2 or 3 weeks before?

Nope. I had a strong feeling that there would be a bull rally the week after the July 4th break. Puts were cheap last week. I scooped up some 7/15 $390 Puts last Friday.

 

[Wild self]

I remember I said this in a thread yesterday, but dudes were running in on some "Nah your just broke" bullshyt

Those ddelusional, 6 figure 6 cert dudes dont realize their money gets shorter and shorter as they don't check their corporate overlords

 

[Wild self]

Businesses that lost money during covid, tryna get it back. Supply chain issues. War between russia and ukraine

They made it back up and then some since the end of last year. Its price gouging at this point.

 

[Wild self]

So the better option was to give people nothing and let them along with their businesses just die in the pandemic?

According to right-wing TLR, yeah, the pandemic wasnt real and you should die to just pay your bills at low wages.

 

[Typical Knicks Fan]

Back to eating egg and cheese sandwiches for me.

 

[Wild self]

And a breh said on here, a lot of those supply chain workers probably died in this unnecessary pandemic. The blue collar life is full of men who delay or ignore tking care of themselves.

I sais that.

Yeah, lot of essential workers died in the pandemic and cannot find replacements

 

[King]

A lot of this shyt is blatant gouging in some industries.

how the fukk are oil companies making RECORD profits during this time.

shyt is disgusting.

But again it's the Supply Chain all fukked up and we don't have enough people involved in them jobs. Lotta cats retired, left and did their own entrepreneur thing, etc.

Now you got a situation where
- not enough people to produce
- not enough people to ship/transport from the factories/ports/warehouses
- not enough people to work in the warehouses
- not enough people to work on the retail end

You're seeing a huge influx of straight to consumer with a lot of the younger cats working those types of jobs.

all of this is leading directly to the inflation.

Wrong. I’d wish you mfers would stop caping for the capitalists who are lying to you.

 

[JT-Money]

Layoffs are starting to ramp up now. Unemployment will probably double just in time for the midterms.

 

[JetFueledThoughts]

Get ready for more panic

 

[Rekkapryde]

Wrong. I’d wish you mfers would stop caping for the capitalists who are lying to you.

Seeing as how I actually work in the supply chain industry. I'm telling you what's happening first hand.

 

[JT-Money]

Get ready for more panic

Thanks Biden.

 

[Mega]

Tomorrow morning @8:30AM is the release of CPI data for June.
Time to load up on some SPY Puts...

9.1%

 

[DonB90]

Inflate the economy with extra money then act surprised when inflation hits wonderful economic strategy from the past two administrations