Re: [TSPStrategy] How low to go.

Yes, here you go...the reason behind our inflation:  cherry picking anyone?

Year 2021 Highlights
Real GDP increased 5.7 percent (from the 2020 annual level to the 2021 annual level), in contrast to a decrease of 3.4 percent in 2020. The increase reflected increases in all major subcomponents: consumer spending, business investment, exports, housing investment, and inventory investment. Imports increased.

• The increase in consumer spending reflected increases in goods and services. Within goods, the leading contributors were "other" nondurable goods (including games and toys as well as pharmaceuticals), clothing and footwear, and recreational goods and vehicles. Within services, the leading contributors were food services and accommodations as well as health care.
   
• The increase in business investment reflected increases in equipment (led by information processing equipment) and intellectual property products (led by software as well as research and development). These increases were partly offset by a decrease in structures.

On Sat, Jan 29, 2022 at 05:43 AM, judd wrote:

I suggest reading;
https://www.bea.gov/news/blog/2022-01-27/gross-domestic-product-fourth-quarter-and-year-2021

The GDP is strongly influenced by the cost of goods to the consumer.  The massive spike in energy prices is largely to blame.  The punch lines from the OFFICIAL BUREAU OF ECONOMIC AFFAIRS article are;

"Real disposable personal income (DPI)—personal income adjusted for taxes and inflation—decreased5.8 percent in the fourth quarter after decreasing 4.3 percent in the third quarter."

which is directly followed by the reason why;

"Prices of goods and services purchased by U.S. residents increased 6.9 percent in the fourth quarter after increasing 5.6 percent in the third quarter.

• Energy prices increased 40.7 percent in the fourth quarter while food prices increased 9.2 percent.
   
• Excluding food and energy, prices increased 5.9 percent in the fourth quarter after increasing 5.1 percent in the third quarter."

So, frankly, anyone that thinks this pop in GDP was a good thing is the fool who will be soon parted with his money, or is getting funded by the Chinese through his son.  Inflation is a tax and we're being ripped off in the short term (but protected from our enemies in the long term...a clue to the unspoken truth) by the day one decisions.


 

On Fri, 28 Jan 2022 20:44:17 -0800, jdinvesting@kh11.net wrote:

Versus the recession we came out off in 2020....GDP is the best since 1984.  Hiring out paced the last administration.   But you think after year in office the WH has created this mess??  I think you should look at other news sources and read books on economics instead of parroting talking points.  

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