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Schultz commented Aug 15, 2025Statistics depends on the sample. That is why my assumption was that it is drawn from the population of the USA, then by definition it is exactly (not probably) statistically correct. Because the average varies depending on where the population was ...
US President Trump: Inflation Is Down To A Perfect Number; Hardly Any Inflation At All
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Schultz commented Aug 15, 2025Depends on the sample, and then, the Bell curve. By the way, I assume you mean that the sample comprises only people from the USA.
US President Trump: Inflation Is Down To A Perfect Number; Hardly Any Inflation At All
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Schultz commented Aug 14, 20251. Default - Stephen Miran in that paper advocated decreeing short paper (say less than 5 years) into 100 year maturities. That is effectively a default when you are not having a default. 2 They will print. Hello QE. Probably not for quite some ...
US Producer Price Index - July 2025
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Schultz commented Aug 14, 2025Trump has been bankrupt six times. Trump told Washington Post reporters that he counted the first three bankruptcies as just one. Everyone knows how innumerate Trump is.
US Producer Price Index - July 2025
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Schultz commented Aug 14, 2025Guys, don't trade for about 11 minutes.
US Producer Price Index - July 2025
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Schultz commented Aug 14, 2025Chairman Early, as opposed to Chairman Late, I guess.
Trump on Fed: We will name a new chairman early
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Schultz commented Aug 14, 2025Do your favourite ones have names or do they slink and hide behind a bot name like yourself?
As Trump berates Goldman, other economists agree that higher tariff inflation is coming
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Schultz commented Aug 14, 2025There is still inflation. Not all of it is within the bounds of the comfort zone, should components be looked at. Core services (quite a significant part of expenditure) have increased now for two periods to I think 3.2% annually, and are at the ...
Will Powell use Jackson Hole speech to push back on hopes for September rate cut?
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Schultz commented Aug 14, 2025Zero tariffs have been "consumed" (I think you mean absorbed) by foreign nations. Yes, what is happening is at least a couple things. US companies/importers/retailers are absorbing part of the tariffs if they apply. Just demonstrates that there must ...
As Trump berates Goldman, other economists agree that higher tariff inflation is coming
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Schultz commented Aug 13, 2025Such a shame Bernie Madoff is no longer with us. He'd be worth a pardon to do what he was best at.
Senior Trump Administration Official States the Federal Reserve List Contains Bowman, Bullard,...
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Schultz commented Aug 13, 2025I nearly forgot Chauncey Gardner.
Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources...
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Schultz commented Aug 13, 2025I think Kanye West was a bit of a Republican, as was Ted Nugent. Definite shortlist material.
Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder, sources...
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Schultz commented Aug 13, 2025She was raided in December 2024. It seems nothing much of consequence happened. So she continued on her merry way for another seven months until they raided her apartment again. Good job by all concerned. Legends.
USPS worker who stole checks from the mail arrested after flashing cash on social media
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Schultz commented Aug 13, 2025You can't afford groceries? Nearly every day I learn a little bit more through innocent anecdotes about why some people consider that the US is a glorified third world country.
Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster
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Schultz commented Aug 13, 2025That's what you get for hiring someone worth half a billion with substantial career experience with George Soros. Self described Democrat who supported liberal causes. Given these tragic burdens that I would not wish on anyone, he does his best. ...
Bessent: Bond Yields Show There Is Credibility; Leakage From Japan; Japan Needs Get Their...
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Schultz commented Aug 13, 2025I dunno. while headline inflation stayed below 3%, core inflation.. rose to 3.1% over the past 12 months. This includes core services, which accelerated to 3.65% year over year, the second month in a row of acceleration. Services are quite big, and ...
Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster
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Schultz commented Aug 13, 2025I don't know what is meant by describing a tax as "stealth". Sure any goods and services tax (GST) is indirect (this includes a tariff), as it is collected by someone and then passed onto the tax department, but so what? Could say that about other ...
Tariffs bring in record $27.7 billion in July as Trump calls haul 'incredible for our country'
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Schultz commented Aug 12, 2025Whatever the number, I'm waiting for the usual 20 or 50 fake bots to ask "buy gold??".
Markets Brace for US CPI Data as Dollar Steadies
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Schultz commented Aug 12, 2025No it is not. The real question is why are you a bot. Bots are invariably dim witted and slow. Probably something like cleaning toilets and ashtrays might be more suitable to a bots skill level.
RBA Statement by the Monetary Policy Board: Monetary Policy Decision
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Schultz commented Aug 12, 2025If I operated a business I would pass on any tariff in full to my customers. I am not a charity.
US: Is tariff inflation finally here? Consumer prices might show biggest increase of the year