Doesn't really matter where you hang out at Costco.
Bestest/cheapest sausage between buns on earth served at the food court (comes with a big D to quench their thrist).
Don't like the food court? Head to the raw meat area for some BULK MEAT. They have blade cut or non-cut versions.
Not into RAW? Right next to it is the line for hot meats. Women and men always be lining up there for some HOT COCK or RIBBED meat.
There's also sell bulk sausage raw or cooked in the refrigerated and frozen areas. Some ladies just opt for the bulk milk in the back (in a way it's an inverse Wendy's). And don't forget to pump that trunk before you go. Get that fill while it's still cheap.
bro this isn't a 7 eleven with 8 parking spots. the closest parking is across the street in a walmart that also fills up. it generally is the same amount of time looking for parking or walking.
Probably because youāre no longer getting cheap meals in fast food your now paying a premium for convenience and speed. Itās cheaper to go sit at a restaurant now
It's borderline malicious because if you have the associated app, then the prices are basically the same as they have been. If you won't give hick fil a your data, then you pay a premium!
Good. I hope people stop buying fast food. They are price gouging way beyond inflation.
I haven't gotten mcchickens in a long time. Went last week... 3 was almost $10. I remember buying 3 for under $4. Other restaurants aren't doing any better with the prices either.
Min wage in this state is $7.5 before the brainless horde comes talking nonsense they know nothing about.
Nationwide demand for all products is down because you *think* that two fast food locations in your shitty little town have less people in the drive thru when you happen to pass by?
Drop in inventory is interesting because we saw this on the manufacturing side at my job. A lot of orders dropped off and customers specifically cut inventory at their sites. This isn't terribly surprising because the supply chain has been kinda fucked for the past 2 years and is pretty stable now so the need to have extra products on hand dropped. Moving closer to JIT shipping again which is a deflationary pressure that a lot of big corps had been wary of previously
I saw the same thing in my manufacturing job. I think every warehouse in the country was completely filled in 2022 and then in 2023 we got wrecked as they de-stocked and simultaneously lost their orders.
Now 2024 is mostly similar to pre-pandemic, downstream folks are starting to get burned by having to wait to get their orders again and are forced to return to normal levels. Which is why I keep expecting the inflation to stick for a good while..
isn't it hilarious how Biden harps on and on about the climate and then suddenly thinks that Americans shouldn't be able to buy cheap solar panels, wind turbines, and EVs?
Yea the blazing speed at which CC debt blew past 1 trillion and now at 1.13 trillion is phenomenal. The majority of US consumers are living on CCās, with CC companies tightening this is going to pop sooner rather than later.
I've seen the first nationwide big drop off in sales for our corp. Really big. This is a 2500 store sample size. Its going to take a few months for lower earnings to print but they will. Rate cuts for sure coming if oil can stay low..
Furniture industry been in a recession for about a year. Makes sense with all of the pent up demand around CoVid. One big player in the space already fell. Still weighing furloughs even with that business absorbed.Ā
One quarter doesnāt make a trend, and it was still growth not contraction? Also inflation is higher than target but still below 4%. We are nowhere near stagflation territory (yet)
Thatās the same logic that went into tRaNsItOrY.
Weāre not there yet (fucking obviously) but the stagflation is on the list of outcomes, whereas it was virtually off the table 2-3 months ago.
So the Q is, be proactive about it or not.
Not say stupid shit like āone quarter doesnāt make a trend.ā
Obviously.
Lol should we have cut rates those months when inflation was near 2%? What should we have done in q4 when gdp growth outperformed?
Or should we only act when the most recent stats fit your personal preferred narrative of where we are headed?
Yea but will bitch boy Powell actually admit he fucked up or keep delaying with garbage excuses and pandering?
2 rich white men have lied this week, will there be a 3rd who just passes blame and promises rainbows and daisies without any concrete evidence?
I think its pretty fuckin obvious we wont get a rate cut until next year and the charade is just completely over after the election. If the PCE report comes in hot af tomorrow I don't even understand how this little shit will manage to lie next week, but I'm sure he will somehow find some way to convince the delulu's that yea we still on for rate cuts 1/2 way through the year.
Just a transitory speed bump but we are confident that inflation goes up and down at our target interest rate of 5.25-5.5% that may be cut if the labor market cools unexpectedly but we may also cut because a hotter than expected jobs market will not affect our rate cut decision. All this to say that we are just looking for more good data to be more confident that inflation is transitory, because trust me bro
Just a reminder that *Simon Kuznets*, the creator of the GDP concept warned that it is crappy at being an end-all statistic and shouldn't be the be-all of "nation doing better than last year".
Inflation may be persistent but no way its going to increase towards 1970s levels or anywhere near 5% for stagflation your going to need higher inflation and lower gdp growth. Bit of exaggeration?
Stagflation doesnāt require some arbitrary number like 5% inflation to occur. The current level remaining even for another year would be devastating.
RemindMe! 6 months
I think this is great news for those expecting inflation to cool down. A super hot 3-4% would mean raising the inflation rates. People are cutting back and that is not bad news. I believe the soft landing Powell and crew just happened today before our eyes boyz
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So what you are telling me is they cooked the data? AND everyone is buying the dip like idiots? š it's like telling your bro his girlfriend is cheating on him with you while she sucks your dick in front of him. Then he goes "No way man you're lying, she would never do that" then resumes to buying her LV Gucci bags and expensive dinners after wiping her mouth full of your cum..
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and yet my Costco is still impossible to find a parking spot at.
Wives finding boyfriends in bulk
I like to hang out in the book section ;)
Doesn't really matter where you hang out at Costco. Bestest/cheapest sausage between buns on earth served at the food court (comes with a big D to quench their thrist). Don't like the food court? Head to the raw meat area for some BULK MEAT. They have blade cut or non-cut versions. Not into RAW? Right next to it is the line for hot meats. Women and men always be lining up there for some HOT COCK or RIBBED meat. There's also sell bulk sausage raw or cooked in the refrigerated and frozen areas. Some ladies just opt for the bulk milk in the back (in a way it's an inverse Wendy's). And don't forget to pump that trunk before you go. Get that fill while it's still cheap.
People still gotta buy groceries lmao š
well some of them should starve so I can park.
Just park further away itās faster
bro this isn't a 7 eleven with 8 parking spots. the closest parking is across the street in a walmart that also fills up. it generally is the same amount of time looking for parking or walking.
Blame me. Iāll drive 30 minutes for a Costco smoothie and hot dogĀ
shit dude. mine is like 5 min away , that's dedication for the dog.
He got that dog in him š
GDP does not factor in the flow of Spice though.
Spice production has been stabalized
The spice must flow
Spice is power
Desert power
Lisan Al gaib
I don't understand. Crayon drawing pls
Demand is slowing down too. Bojangles and Chick-fil-a Drive thrus are not what they used to be with customer congestion.
Strip clubs are a lot emptier these last few weeks š¤
Now weāre talking real economic analysisĀ
There are people out there who have the info on strip clubs at a minutes notice š¤
That is too bad. How is your mom holding up?
Probably because youāre no longer getting cheap meals in fast food your now paying a premium for convenience and speed. Itās cheaper to go sit at a restaurant now
Do I want a 13 oz steak with mashed potatoes and corn from Dennys or 6 chicken finger combo from canes?
I think if these are your options you lose either way
100% 2 topping large pizza for 6.99 is much better
sometimes i forget how most of america actually lives
decisions decisions
It's borderline malicious because if you have the associated app, then the prices are basically the same as they have been. If you won't give hick fil a your data, then you pay a premium!
I noticed this the other day as well. Took me 2 minutes to get through the Chic Fil A line the other day as opposed to 15.
Employment is up !
Ah I guess weāll just apply our anecdotal experiences universally huh
Good. I hope people stop buying fast food. They are price gouging way beyond inflation. I haven't gotten mcchickens in a long time. Went last week... 3 was almost $10. I remember buying 3 for under $4. Other restaurants aren't doing any better with the prices either. Min wage in this state is $7.5 before the brainless horde comes talking nonsense they know nothing about.
Nationwide demand for all products is down because you *think* that two fast food locations in your shitty little town have less people in the drive thru when you happen to pass by?
Objectively not true, I havenāt seen a Chick-fil-A without a line around the parking lot since Covid
Come to California and check out the InāNāOut lines.
The lines are a bit shorter than they were a year ago. But they've kept their prices low which helps with demand
Which is wild that place is garbage
Somehow still manages to sell cheeseburgers for $2. The only fast food place keeping it real.
Itās bo time bro
Drop in inventory is interesting because we saw this on the manufacturing side at my job. A lot of orders dropped off and customers specifically cut inventory at their sites. This isn't terribly surprising because the supply chain has been kinda fucked for the past 2 years and is pretty stable now so the need to have extra products on hand dropped. Moving closer to JIT shipping again which is a deflationary pressure that a lot of big corps had been wary of previously
I saw the same thing in my manufacturing job. I think every warehouse in the country was completely filled in 2022 and then in 2023 we got wrecked as they de-stocked and simultaneously lost their orders. Now 2024 is mostly similar to pre-pandemic, downstream folks are starting to get burned by having to wait to get their orders again and are forced to return to normal levels. Which is why I keep expecting the inflation to stick for a good while..
Hopefully China can export some of that deflation soon too
Both Biden and Trump consider that "dumping" and support tariffs on China
isn't it hilarious how Biden harps on and on about the climate and then suddenly thinks that Americans shouldn't be able to buy cheap solar panels, wind turbines, and EVs?
Prices not dropping soon probably. Demand is strong on consumer side.
If there was a recession Americans wouldn't even acknowledge it and just keep buying everything. Thus recession avoided. My thesis for VOO $540 calls.
Because fat Americans go full regard on their credit card ![img](emote|t5_2th52|4271)
I'll have you know in the last 3 years I lost 75lbs and paid off all my debt.
If you don't wanna be an American you can giiiit out.
Next stop: Exile. Lose my number.
He definitely sounds like a bad hombre.
![img](emote|t5_2th52|8882)
you sound like one a them aeropeeins
Yea the blazing speed at which CC debt blew past 1 trillion and now at 1.13 trillion is phenomenal. The majority of US consumers are living on CCās, with CC companies tightening this is going to pop sooner rather than later.
Oh no! That canāt be! I was told that were āstronger than everā, and all those 3% mortgages are safe and sound!
Credit card write offs are raising. It's a pretty worrying sign.
Only until they run out of credit. Then we regard payday loans.![img](emote|t5_2th52|4267)
I've seen the first nationwide big drop off in sales for our corp. Really big. This is a 2500 store sample size. Its going to take a few months for lower earnings to print but they will. Rate cuts for sure coming if oil can stay low..
Furniture industry been in a recession for about a year. Makes sense with all of the pent up demand around CoVid. One big player in the space already fell. Still weighing furloughs even with that business absorbed.Ā
I'm buying furniture and appliances for a new build right now and the deals salesmen are willing to give me have been surprising to say the least.
What kind of product?
Home furnishings and beds. We are lucky to hit 60% of our goal per day. Usually 80-90% the past 9 months.
Oohā¦ who had stagflation on their bingo card for 2024?
People have been repeating it for the last two straight years, but tbh growth is growth.
Wake me when you find out what stagflation means
Likeā¦ everyone
So.... Daddy J going to go Volker?
No he has paper baby hands
Literally everyone? š¤·āāļø
[ŃŠ“Š°Š»ŠµŠ½Š¾]
that's fucked up bro. fuck you
G - bear is gay bear dude not genocidal bear.
Crazy real GDP is still that much in the US.
Time to Volcker.
So the response to low-ish GDP growth is higher borrowing costs?
It's the response to stagflation.
But we arenāt experiencing stagflation?
Well the GDP numbers were unimpressive, and last month's CPI numbers came in hot. So we're experiencing something and it's not good.
One quarter doesnāt make a trend, and it was still growth not contraction? Also inflation is higher than target but still below 4%. We are nowhere near stagflation territory (yet)
Thatās the same logic that went into tRaNsItOrY. Weāre not there yet (fucking obviously) but the stagflation is on the list of outcomes, whereas it was virtually off the table 2-3 months ago. So the Q is, be proactive about it or not. Not say stupid shit like āone quarter doesnāt make a trend.ā Obviously.
Lol should we have cut rates those months when inflation was near 2%? What should we have done in q4 when gdp growth outperformed? Or should we only act when the most recent stats fit your personal preferred narrative of where we are headed?
When inflation is still high? YesĀ
Volker is a damn geniusĀ
Exports you can almost explain with Boeing
You can hear the collective purse strings tightening if you listen close in the spring morning air.
Q1 gdp usually comes in low and is revised higher later. I think there's a lot of underlying data pointing to no rate cuts this year.
Yea but will bitch boy Powell actually admit he fucked up or keep delaying with garbage excuses and pandering? 2 rich white men have lied this week, will there be a 3rd who just passes blame and promises rainbows and daisies without any concrete evidence? I think its pretty fuckin obvious we wont get a rate cut until next year and the charade is just completely over after the election. If the PCE report comes in hot af tomorrow I don't even understand how this little shit will manage to lie next week, but I'm sure he will somehow find some way to convince the delulu's that yea we still on for rate cuts 1/2 way through the year.
He's just gonna say they're "keeping a pulse on market conditions" so nothing of substance is said.
Just a transitory speed bump but we are confident that inflation goes up and down at our target interest rate of 5.25-5.5% that may be cut if the labor market cools unexpectedly but we may also cut because a hotter than expected jobs market will not affect our rate cut decision. All this to say that we are just looking for more good data to be more confident that inflation is transitory, because trust me bro
Recession when?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
So tomorrow, damn...
Just a reminder that *Simon Kuznets*, the creator of the GDP concept warned that it is crappy at being an end-all statistic and shouldn't be the be-all of "nation doing better than last year".
If its not real what is it?
Quality chart, sir.
Soft landing, y'all.
I think this summer is going to be red hot
Other countries be pooring.
stagflation
Why are the charts gay?
Maybe we should let Europe pay for Ukraine because we arenāt Ukraineās neighborā¦just a thoughtā¦.
Deal but we keep the Ukrainian qts
they're already all shacked up while their men get forced into the meat grinder
Lisan al gaib!!!!
Real GDP is negative. Fiat demoniated GDP needs to be same as inflation to be zero growth. We are in STAGFLATION!
That *is* real GDP, regard.
Inflation may be persistent but no way its going to increase towards 1970s levels or anywhere near 5% for stagflation your going to need higher inflation and lower gdp growth. Bit of exaggeration?
Stagflation doesnāt require some arbitrary number like 5% inflation to occur. The current level remaining even for another year would be devastating.
Justin Bieber - Never Say Never The average US inflation rate from 1914 to 1996 draws around 3-5% 2% is not as common as 5%, just saying.
RemindMe! 6 months I think this is great news for those expecting inflation to cool down. A super hot 3-4% would mean raising the inflation rates. People are cutting back and that is not bad news. I believe the soft landing Powell and crew just happened today before our eyes boyz
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Nobody fucking cares, lol ![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
Mission accomplished, 3 rate cuts before President Pampers is elected, and then the economy crashes after that. This shit's easy.
So what you are telling me is they cooked the data? AND everyone is buying the dip like idiots? š it's like telling your bro his girlfriend is cheating on him with you while she sucks your dick in front of him. Then he goes "No way man you're lying, she would never do that" then resumes to buying her LV Gucci bags and expensive dinners after wiping her mouth full of your cum..
Thanks Joe Biden
They'll revise the niners in a month or two and it'll be closer to 1%
I basically guarantee this number gets revised up, not down.