/biz/ - Business & Finance

FUCK SMINEM

>2.6% projected inflation for 2018
>2.1% inflation in 2017
>2% Federal Reserve rate
>.75% Federal Reserve rate last year
>3% Federal Reserve rate slotted for 2020
>10 year t-note rate at 2..879% as of now, up and down but nearing 3%

I'm bearish as fuck. If inflation was projected below 2% I'd be bullish as fuck, but it's not.

Guys, let's get real for a minute. Do the stats ever just fuck you hard? I work in a trade where craftsmanship used to be valued. A professional could look at another professional's craft and say whether or not it was good shit. Now it's just stats. It's just stats that have no correlation to a job well done. It's all so that some fucking faggot in corporate can tick of marks on a sheet to get his bonus and say that he did well. It's fucked everything. Everything.

For that matter how do you even begin to invest in an economy where you know that the stats are bullshit and that "key stats" are what people invest on the basis of? Because if you've ever worked any real job ever you know that stats have no correlation to the reality of what's going on with the business on the ground until the whole thing crashes and burns.