Showing posts with label Saving. Show all posts
Showing posts with label Saving. Show all posts
Thursday, January 22, 2026

Core pce inflation averaged 1.61% year over year under Trump 1.0, but through eleven months of 2025 it averages 2.79%, 73% higher

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This higher inflation level, measured on a year over year basis, has persisted for 19-months from April 2024. We're just going sideways,...
Tuesday, October 14, 2025

Flight to safety in September or just rebalancing?

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  401(k) plans saw ‘flight’ to cash, bonds in September, analysis finds ... Bond funds captured 39% of fund inflows, while 25% of net invest...
Monday, May 12, 2025

No DOGE savings show up in April US Treasury Statement of Receipts and Outlays of the Federal Government, but higher deficits sure do, $194 billion higher year to date than last year

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Fiscal 2025 deficit, October-April: $1.049 trillion Fiscal 2024 deficit, October-April: $0.855 trillion Increase in the deficit in 2025 Oct-...
Tuesday, April 15, 2025

In the age of everything that is good is awesome, everything bad must be an emergency

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 The Zeitgeist is epitomized by a general hysteria, incapable of proportional thinking and hostile to reason, and so it should come as no su...
Thursday, April 10, 2025

As predicted, the hubris of Elon Musk's promises of $2 trillion in DOGE savings now crashes on the rocks of reality as he promises only $150 billion in savings in FY 2026

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   Have there been no savings from the Department of Defense, the costliest department in the federal government? No $1,000 toilet seats to ...

No DOGE savings show up in March US Treasury Statement of Receipts and Outlays of the Federal Government, but higher deficits sure do, $242 billion higher year to date than last year

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   The fiscal year to date deficit last year was $1.064691 trillion. The fiscal year to date deficit this year is $1.307132 trillion, $242.4...
Tuesday, April 8, 2025

Ambrose Evans-Pritchard: Trump will stop at nothing in his quest for imperial power and will destroy the credibility of US Treasury debt

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  telegraph.co.uk If you think it’s alarming now, just wait for Trump to wreck the bond m...
Wednesday, March 19, 2025

Government belt-tightening theatre at CNBC: Social Security new proofing procedures requiring in person visits are a joke, a costly upheaval designed to stop a puny problem

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  Social Security Administration to emphasize in-person office visits to curb identity fraud As the Social Security Administration seeks t...
Tuesday, March 4, 2025

The federal government farts through $20 billion a day, Social Security under Trump boasts of finding $800 million in savings for fiscal year 2025

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 Not even $1 billion a year. Whoopdeedoo. Don't spend it all in one place, boys. Social Security Administration says it’s identified $80...
Tuesday, December 5, 2023

Four gold bars in possession of Senator Bob Menendez traced to 2013 armed robbery of Fred Daibes, who is accused of bribing Menendez

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  That's on top of the cash in Menendez' possession which has also been traced to Daibes, but which the senator says he took out of...
Monday, September 25, 2023

Senator Menendez starts the week telling an amusing anecdote about all that cash found in his home, doesn't explain how the briber's DNA got on the envelope

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  Sen. Bob Menendez suggests cash found in bribery raid came from ‘personal savings’  
Monday, May 8, 2023

Fidelity Investments: Average retirement account in 2022 fell to $104,000

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   And most retirement nest eggs are much smaller now than a year ago. By Fidelity’s estimate, the average retirement account lost one-fifth...
Tuesday, March 21, 2023

OK, you can safely return to hating the banks now

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Thursday, December 8, 2022

If you haven't saved enough for an emergency, it's on you, and borrowing money for an emergency when you have it is another stupid thing which is on you

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Two stupids don't make a smart.   “It’s a terrible idea to take money out of your 401(k),” said Ted Jenkin, a certified financial plann...
Monday, October 17, 2022

Through Oct 14 the traditional 60/40 401k portfolio is down a net 21% in 2022, not counting inflation

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 Bonds are supposed to perform well as the safe haven asset when stocks fall, reducing the net impact to the portfolio when equities decline...
Friday, September 30, 2022

The long-term gains from a higher savings rate will trounce the gains from earning higher returns

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 Charlie Bilello, here . But I have problems: If a household saved 1% of their disposable income per year and earned a 10% rate of return, t...
Sunday, September 4, 2022

Inflation trader squeals like a stuck pig, fears QT will soon lead to the sort of stock event you tell the grandchildren about

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  Well, we've heard that before, but this story about one of them perfectly describes how Fed money creation has ballooned, by design, t...
Friday, July 29, 2022

America and its people have added over $12 trillion to their total credit market debt outstanding just since 2019, but that has done little but stall the decline of debt growth

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The $90 trillion millstone: We did it to ourselves . We are now in the future we tapped in the past for the prosperity of "debt draws f...
Sunday, July 24, 2022

If this level of inflation keeps up, the value of your nestegg will be cut in half in less than 9 years

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 72 / 8.29336 = 8.68     Do you want to know how inflation impacts your savings? The ‘rule of 72’ may help    
Tuesday, June 21, 2022

Not the rainy day your mother had in mind: Janet Yellen whips out her tin ear for politics, suggests you use your savings to weather inflation

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Yellen: Recession Isn't Inevitable, Most Consumers Have "Buffer Stocks" Of Savings To Offset Inflation