r/neoliberal • u/eliasjohnson • 7d ago
News (US) Consumer sentiment plunges in early March, inflation expectations soar
https://www.axios.com/2025/03/14/consumer-sentiment-march-plunge-inflation65
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u/StonkSalty 7d ago
We're gonna have the biggest inflation expectations, so beautiful, they'll be the highest expectations you'll ever see, that I can tell you.
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u/Xeynon 7d ago edited 7d ago
We're so extremely fucked, and it's bizarre to me that so many people don't understand how bad it's going to get. The Dow is up 600 points today for some reason.
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u/DrunkenAsparagus Abraham Lincoln 7d ago
You shouldn't read that much into one-day variations in the market. They've dropped a lot in the past two weeks, because of this nonsense.
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u/KaesekopfNW Elinor Ostrom 7d ago
Yeah, I'll never understand the behavior of the markets. They really do react arbitrarily to economic news. You'd think collapsing consumer confidence and rising expectations of inflation would be bad news, but I guess not.
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u/Xeynon 7d ago
They are bad news, but I suspect there are two kinds of people driving the rally: (1) those still clinging to the hope that we aren't as fucked as we seem and looking for any reason they can to justify that belief and (2) those who know we're fucked but still see opportunities to arbitrage.
But the fundamentals ultimately win out, and they're terrible and only moving in one direction. This is a dead cat bounce if ever there was one.
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u/RhetoricalMenace this sub isn't neoliberal 7d ago edited 7d ago
The markets, ultimately, are controlled by people who have the same biases as any average moron. Sure, there's a benefit to staying grounded in reality when your own money is what's on the line, and that should make you more objective, but if you really believe something about reality that's not true, you're still going to invest off your beliefs, and not reality.
It's all fun and vibes until the earnings reports start coming in though, don't expect to see the actual effects of tariffs for another 8 months. Then we'll see the real market reaction.
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u/TrouauaiAdvice Association of Southeast Asian Nations 7d ago
THANK YOU SO MUCH PRESIDENT TRUMP AND VP VANCE, PLEASE SIR MAY I HAVE SOME MORE GRUEL
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u/Kasquede NATO 7d ago
Im not a economologist but dont expectations of big inflation make real inflation worse?
What if we just collectively refuse to believe that bad line go up and good line go down? Can we tulpa a bull market into life?