Re: [TSPStrategy] How low to go.

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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Ditulis oleh: Andriansyah -