/biz/ - Business & Finance

>>50205337
Goodnight.

>>49885512
States rights, tard

Yall motherfuckers best only be talking about stocks in here.

>>49847999
Oh elon, you know the damage is already done. Its like Biden allowing Psaki to be the cunt she is towards Russia and then now having reports that they want to back off the rhetoric. We get what we fucking deserve. And sadly, that a nuke war because we have had retards running this world for many decades

>>49731021
The market is trying to find itself.

>>49694886
see >>49693941
Deportations cost 11k - leaving illegals in the country costs around 6k/yr
If Biden were to deport all the illegals arriving (he won't) it would cost 2.64 billion per month That's roughly 10% of federal tax revenue each year on deportations of newly arriving illegals - 5%/yr for funding them remaining in the country. With some 30 million illegal immigrants already in the country the government literally cannot stop printing money.
So even with the fed hiking rates we are still going to be in an inflationary environment from government spending and supply side price increases. Unless the executive and legislative branches fix policy issues that are driving inflation like illegal immigration and green mandates around fossil fuel use and extraction we could get rates into the 20s and STILL be facing inflation. Policy is just that fucked at this point.
I don't understand how anyone can be short term bullish on the economy at this point.