January Inflation

[Lostinthewoods]

Such is the internet, but I don't see time spent learning about a topic like tariffs or social security or another's perspective on them is necessarily wasted.

I definitely appreciate that point. I’m always trying to learn and there has been a lot of education the last couple of months on topics I had no idea about.

 

[JAG]

This.
The amount of time people waste arguing or whining on this page could easily be applied to productive things that could increase their income or decrease their expenses.

The ironic thing about this is a good portion of people on here compared to other sites are quite successful and reflect a rich background of occupational disciplines. As you may agree, you have to be if you can afford to hunt out west on a DIY basis for various species. Because we are successful, we spend time to our delight and choose forums carefully.

As I type, my money continues to work for me- not the other way around. This has nothing to do with the size of my paycheck.

The quick and limited banter you see on FB, Insta, Twitter, has little depth, poor context, and results in short comments that promote stunted understanding.

 

[Rie Bread]

People obsess about making money when they should obsess on the money they spend.

 

[Oak]

Powerball™ is up to $515 million. Just saying.

 

[Lostinthewoods]

The ironic thing about this is a good portion of people on here compared to other sites are quite successful and reflect a rich background of occupational disciplines. As you may agree, you have to be if you can afford to hunt out west on a DIY basis for various species. Because we are successful, we spend time to our delight and choose forums carefully.

As I type, my money continues to work for me- not the other way around. This has nothing to do with the size of my paycheck.

The quick and limited banter you see on FB, Insta, Twitter, has little depth, poor context, and results in short comments that promote stunted understanding.

I tried to use my words, so please understand my message was specific to people who waste time arguing with other people that will never change their mind, people who have to personally attack others, or people who whine about things that they can’t control.

It wasn’t JAG isn’t financially fit, so he shouldn’t be on here having meaningful in depth conversations or that SAJ-99 shouldn’t come here to learn things.

 

[Oak]

“When President Trump convened CEOs of some of the country’s top automakers for a call earlier this month, he issued a warning: They better not raise car prices because of tariffs.

“Trump told the executives that the White House would look unfavorably on such a move, leaving some of them rattled and worried they would face punishment if they increased prices, people with knowledge of the call said.”

Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs

 

[LopeHunter]

Big miss in your assumptions...the huge potential growth of salary or wages over time for college graduates.

If you go to a trade school to be an auto mechanic and go work at a car dealer, your growth in pay is more limited. You're not likely to have any realistic expectations of moving up to more pay in management or
leading the business.

And that's not a dig on trade schools, due to the huge loss in workers resulting from those aging out of the workforce not being replaced by births or immigrants, all job training needs help and support

And that's the trend...support for them is not nearly as unique as you claimed in another post.

Just in our area I know of programs for mechanics, line workers and butchers. I know of many places that hire them do their own training too.

Have a son in law with a gov. Job where they are training him to be a county inspector who handles septic and building inspections, wetland delineations and compliance with env. regulations, etc. He started but didn't finish college.

The one kid I have who didn't go to college was hired on potential and trained in house too.

Business and local leaders and schools aren't sitting back and wringing hands at the looming shortage of employees, they are starting to address it.

They can't overcome the stark numbers though, the solutions for that...MORE immigration, $$ and support encouragement to have children, and more... are fodder for another discussion.

I will add that most my buddies that went into the construction trades, residential and commercial, did quite well for the time I was in college, working 5 years then grad school. By age 40, I was doing quite well and several of the plumbers/electricians/roofers were walking a bit humped over with bad knees and chewing on ibuprofen.

My offspring did well in high school and I had no issue paying for their college. I would have happily supported them learning a trade, entering military service or starting a business mowing lawns, etc. My ultimatum was they were not done with structured learning the day they graduated high school.

One of my brothers entered our family business performing manual labor 50 or more hours a week for 37 years. He is happy. Retired to start a cattle ranch. Gets things cut off his face and head from years in the sun.

My other brother went to college. In a line-up, is easy to pick out the brother that worked outdoors and physically stressed his joints for decades.

So, need another column for likelihood can still be physically active to enjoy a mildly physical hunting adventure as retire.

 

[SAJ-99]

PCE came in a little hot. Not a big deal but generally showing inflation is stuck.

I would say this is not being helped by tariff threats. If people/businesses don’t know what they will pay, there is a tendency to push the bid up. So we can see some inflation with or without tariffs.

What’s next? The Admin wants yields to go lower but the Fed can’t do that with these numbers. Powell sounded a lot like he and Bessent were talking. Just reading the tea leaves, though. Bessent has stated he wants the 10yr around 3.5%. No idea how he does that with inflation where it is, except maybe with a recession. Next Fed meeting is 40days. My prediction, if they don’t drop rates and we will hear about forcefully replacing Powell, and he has stated he isn’t leaving.

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
https://www.cnbc.com/2025/03/28/pce...are|com.apple.UIKit.activity.CopyToPasteboard

 

[TOGIE]

“When President Trump convened CEOs of some of the country’s top automakers for a call earlier this month, he issued a warning: They better not raise car prices because of tariffs.

“Trump told the executives that the White House would look unfavorably on such a move, leaving some of them rattled and worried they would face punishment if they increased prices, people with knowledge of the call said.”

Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs

free markets for the win!

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