Please prepare... I give it 6 months

[uponit7771]

Please prepare... I give it 6 months

This is post pre load inventory

Link to tweet

[elleng]

1. Compare:

Rail Freight Carloads

https://fred.stlouisfed.org/series/RAILFRTCARLOADSD11

[Dixiegrrrl]

6. Rail shipments decreased, air and truck shipments increased over same period.

It's the method,not the amount, of shipments that have changed.

[I_UndergroundPanther]

2. Oh shit

I dispise trump. Nothing like hunger to drive out a tyrant, eventually.

[BaronChocula]

9. Saving Democracy sure didn't do it n/t

[Doodley]

3. We need a recession to get rid of MAGA. Roll on!

[LymphocyteLover]

11. that's my feeling

[Skittles]

28. sometimes I see markdowns on stuff that expires very soon

I'm cool with that if I'm eating it right away - no problem

[Javaman]

31. we will be lucky if it's only a recession. nt

[roamer65]

41. In 5 years, we will call it the Greater Recession.

[Javaman]

42. or to pay tribute to the orange asshole...

the bigly recession. LOL

[roamer65]

43. Dumpcession.

😈

[drmeow]

4. Including myself

I know 3 people who are out of a job or about to be out of a job - and I don't know that many people!

[hamsterjill]

7. I'm so sorry.

I've been there and know the stress that can cause. Just wanted to send a hug, and the hope that you all find something quick.

[drmeow]

23. Thanks.

Things are not looking good on the job market. However, I am fortunate to have been able to plan for this so I'm likely in a better position than many others I know (including my colleague who was laid off with me).

[BlueSpot]

44. I was "downsized" shortly before 9/11. The entire job market clenched after that.

I have an appreciation of what you're going though or thinking about possibly going through. I'm still here though. It wasn't easy and I certainly had to pinch every penny. My favorite line at the time time was "how long is this character building going to take?" Still makes me shiver to be honest.

But then I go back to the "I'm still here though." Helps if you have a good support system. I guess I built a lot of character too.

Good luck.

[drmeow]

49. Thanks

This is the fourth time since 2000, and of those 4, 3 were from jobs I'd voluntarily left another job to take! The lesson for me seems to be "stick with the existing shitty job cause you'll just get laid off from the next shitty job!"

Since we've always known my job was highly unstable, my partner and I have always budgeted as if we would only have one salary. This time it may end up being a forced retirement, given the market, but we can handle it. Our income is going to be cut in half but we won't lose the house or have to move or anything like that. In that respect, I'm both fortunate/privileged (that I've had such good paying jobs) and have planned well.

[multigraincracker]

5. Have some cash from selling a house.

What to invest in for a drop in the economy? Just stay in cash!

[bhikkhu]

21. Given the rampant spending and the alienation of buyers for US treasuries...

the most likely way for things to go, I think, is for the Fed to support the bond market heavily, which they've already been doing to to some extent. That's also known as "running the presses" as far as the money supply goes, and will likely cause the same kind of inflation (or probably much worse inflation) than we had as a result of Trump's first term. It's also typically what governments do when they want to spend money they don't have and when their credit's shot. This administration may well spice it up with some equally lousy crypto plays, but one way or another it all winds up rotten. Sitting on cash is the worst thing to be doing in an inflationary environment.

[multigraincracker]

29. Money market fund tied to short term

Gov. Bonds? Payout goes up with higher rates.

[Bernardo de La Paz]

47. Economic downturns lead to deflation, not inflation. What we have now is stagflation due to double supply shock

Supply shock 1: High tariff taxes lead to shortages of food, goods and parts for assembly.

Supply shock 2: Labour supply shock due to deportations and stay-at-homes.

The last big supply shock was the oil embargo of 1973 and to a lesser extent 1979. That lead to extended inflation and little or now growth: stagflation.

[bhikkhu]

48. That depends entirely on the government's response

The example of the late 70's led to an extended period of inflation (as you say), not deflation. Trumps response to any downturn will likely be to print money and inflate his way out of it, as he did immediately during Covid.

[RainCaster]

32. Sell short on Disney

I wonder if Sinclair is publicly traded?

[ProfessorGAC]

35. They Are

They are on NASDAQ under the symbol SBGI.
Their stock closed down 1.6% Friday.

[roamer65]

40. Short duration US Tbills or Tbonds.

No longer than 2 years.


If you decide on CD’s in bank, stay below the 250k FDIC limit.

[BidenRocks]

8. I rely on markdown meat.

I have beautiful $22 Pork Chops for $6.
Yesterday was pork day.
I have ground beef at $4 a lb.
All the deals get separated into meal sizes and frozen.
Cheap chicken legs will be soup and thighs are for everything.
Time is on our side.
The better the store the better quality the markdowns.
Food 4 Less is iffy, Ralphs and Vons better.

[Susan Calvin]

12. I found I can save a lot of money if I put my mind to it

I particularly like Aldi.

[Skittles]

24. is that the stuff you just have to eat right away?

that can sometimes be a real bargain

[BidenRocks]

25. Use it or freeze it.

Still, I don't buy anything that looks off.

[homegirl]

34. You are not alone

Monday is 'SPECIALS" DAY AT LOCAL SUPERMARKET:
When pork loin is the special, under $3.00 per lb., I load up, cut in portion amounts,freeze and seal with the FOODSAVER. Same for beef or fish, shell fish specials. Lucky me, local Produce stand is always as much, or more than 50% less for fruits and vegetables.

Good, really good bread is very expensive but this winter I am going to bake my own!

[BidenRocks]

37. I bought a Breadman in the 90s.

I still use it, more in the winter.
Spaghetti with homemade French Bread.
Damn, the kitchen smells good

[leanforward]

10. CASS freight index

Never heard of it! Anybody have history?
I read the graph. Parallels are there.

[cliffside]

27. Chart back to 1990 ...

place your cursor over the chart to see the dates.

[Bengus81]

13. Trump will be calling it fake news by 2am Sat...........

[SCantiGOP]

19. He's already started the spin

About a week ago he was claiming that the BLS numbers were bad, and he had actually inherited a declining economy.
By the time of the midterms he will be spinning that MAGA is needed to pull us out of the Biden Recession.

[Bev54]

14. SCOTUS could save the US economy and help Trump if they upheld the appeals court decision

that the tariffs are illegal.

[3825-87867]

15. For those younger than 55...

it was like this for many.

[markodochartaigh]

26. Actually those meals look more than ample, even today.

Growing up most of our calories came in 50 lb bags. Potatoes, onions, pinto beans (it takes a long time to sort out the pebbles in 50 pounds of beans), rice, masa harina, cornmeal, and oatmeal. We had peppers, tomatoes, squash, peaches, pears, and apples from the garden. There may have been only one or two dishes, but there was usually plenty of those. We did eat out, not every month, but occasionally. I remember my Mom wanting to go to Taco Bell to see how tortillas were fried. Crispy tacos weren't really a thing yet in Amarillo.

[ananda]

16. LOL. Is the US economy in a recession?

Is water wet?

[Dr. T]

17. Trumponomics.

When the coming economic collapse happens, and the magaverse blames it on Biden, start every conversation with that word.

[C Moon]

18. Mr. TACO and his band of misfits

are only concerned w how many cookies they can make off w now—not w how the country /world will fare afterwards.

[uponit7771]

30. Yep, pedoprez is calling for his economy to kick in next year (link)

https://www.msnbc.com/rachel-maddow-show/maddowblog/public-rejects-economic-performance-trump-pitches-alternate-reality-rcna232414

[Mr.Bee]

20. ...and rather than removing him

they will allow him to declare Martial Law.
Oh, we're halfway there
Oh, livin' on a prayer!

[Warpy]

22. If you loved the supply chain disruptions in 2020-2021

you're going to love them pumped up on steroids by King Merde's stupid ass tariffs.

It's already getting hard to find produce reliably around here.

Looks like we'll be back to scarcity and scrambling for what we need before we know it.

[Gimpyknee]

33. But, but Trump said his tariffs will boost our economy.

He promised a “golden age” of tariffs.

[roamer65]

39. A Golden Age.

Gold at $3700 USD.

Major dollar devaluation.

[58Sunliner]

36. House sales in desirable areas are slowing here in my area.

[roamer65]

38. On the Great Recess-o-meter...

We are around Q4 of 2007. Waiting for the shit to hit the fan.

Early next year, we should start to see regional bank failures.

[Bernardo de La Paz]

46. Global shipping would decline AND would represent an economic decline. Stupid tRump doing it the stupid way

Tariffs taxes as implemented by Herbert Hoover tRump are haphazard, uncoordinated, scattershot and not aimed at onshoring production. He is so stupid. He thinks he can fool American people that they are not paying the tax.

It's a money grab to help reduce the massive increase in US debt he is causing, all for the benefit of the 1 %.