U.S. inflation surged to the highest levels since the Reagan era last month, with headline CPI jumping to an annual rate of 6.8%. U.S. inflation accelerated to the fastest pace in four decades last month, data from the Bureau of Labour Statistics indicated Friday, as surging energy, rent and used car costs continue to add upward pressure on consumer prices.
Headline CPI for the month of November was estimated to have risen 6.8% from last year, up from the 6.2% pace in October and the fastest rate since June of 1982, powered largely by used and new cars and surging rental costs. On a monthly basis, inflation was up 0.8%, the BLS said, with both tallies essentially matching Wall Street forecasts.
So-called core inflation, which strips-out volatile components such as food and energy prices, rose 0.5% on the month, and 4.9% on the year, the highest in 30 years, the report noted, with both readings again matching the Street consensus forecast.
"Inflationary pressures are building in the economy and that is going to force the Fed’s hand," said Chris Zaccarelli, CIO for the Independent Advisor Alliance. "Specifically, the Fed is going to have to increase the pace of their tapering plans – potentially reducing their buying twice as quickly, down by $30 billion/month instead of $15 billion/month – and then look to either balance sheet reduction or interest rate hikes, in order to combat inflation."
The US controls about 750 bases in at least 80 countries worldwide and spends more on its military than the next 10 countries combined.
The Pentagon budget, rolled out Thursday, is the realization of a warning Defense Secretary Robert Gates issued shortly after America’s economy took a turn for the worse – that the “culture of endless money” created in the booming post-9/11 defense budget would soon be coming to an end.
It is also the Pentagon’s bid to preempt even larger cuts from the White House or Congress, which were expected if the military did not curtail what Mr. Gates Thursday called the department’s often “wasteful, excessive, and unneeded spending.”
At $553 billion, the budget is some $13 billion less than the Pentagon expected for 2012, says Gates, but still represents 3 percent growth over fiscal year 2011, and the Pentagon remains the largest single spender of federal dollars.
Created by Koon Yew Yin | Apr 30, 2024
As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.
Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
Created by Koon Yew Yin | Apr 18, 2024
After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
Created by Koon Yew Yin | Mar 23, 2024
During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.
Created by Koon Yew Yin | Mar 04, 2024
All property developers have just announced their annual profit for 2023. All of them reported increased profit.
Created by Koon Yew Yin | Mar 04, 2024
Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.
Created by Koon Yew Yin | Mar 01, 2024
What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...
Created by Koon Yew Yin | Feb 29, 2024
After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.
Old man missed ijmplant
Now us inflation at 6.8% is a tiny weeny peanut compared to palm oil up by almost 200% from it's lows
These 6 Super palm oil stocks now the best
Taann (overall champion)
sop (strong growth story)
tsh (boss buying non stop)
Thplant ( high value assets)
Bplant is high dividend
Jtiasa is turnaround story of 2022
2021-12-21 13:32
Correctloh...if inflation are raising...investors sanctuary are cheap plantation land & food mah, that means for msia is palmoil plantation loh!
Remember this is the best weapon to guard against inflation mah!
2021-12-23 15:25
stockraider you are liar, immoral, hypocrite. & evil hearted old woman. Deprived the poor from owning a low cost flat as you have owned 15 unit of low cost flats. Collect higher rental from the poor. Exploiting the poor yet praising China chairman policy of common prosperity. Hypocrite
SHAME on you ...
2021-12-23 16:08
Rubbish lah!
Raider help the poor...when in needs by buying over their units with a reasonable price...when they are in financial difficulty...if not they will lose their units to loan sharks mah!
Lu tau boh ?
Posted by uncensored > Dec 23, 2021 4:11 PM | Report Abuse
stockraider you are liar, immoral, hypocrite. & evil hearted old woman.
Deprived the poor from owning a low cost flat as you have owned 15 unit of low cost flats. Collect higher rental from the poor. Exploiting the poor yet praising China chairman policy of common prosperity. Hypocrite
SHAME on you ...
2021-12-23 16:15
stockraider liar
could you teach me how to trust a liar ???
Ha...Ha....Ha...Ha....Ha...ha,,,Ha.....
______________________________________________
Posted by stockraider > Dec 23, 2021 4:16 PM | Report Abuse
Rubbish lah!
Raider help the poor...when in needs by buying over their units with a reasonable price...when they are in financial difficulty...if not they will lose their units to loan sharks mah!
Lu tau boh ?
2021-12-23 17:11
Do u know that...there are very few well to do people...willing to buy low cost flats leh ??
Thus those sellers without people like raider offering reasonable price to their low cost units....these b40 people will be exploited by the sharks mah!
Raider never exploit them...bcos raider give the best reasonable price...thats why they sell to raider mah!
Lu tau boh ?
Posted by uncensored > Dec 23, 2021 5:04 PM | Report Abuse
stockraider liar could you teach me how tell me how to trust a liar ???
Ha...Ha....Ha...Ha....Ha...
______________________________________________
Posted by stockraider > Dec 23, 2021 4:16 PM | Report Abuse
Rubbish lah!
Raider help the poor...when in needs by buying over their units with a reasonable price...when they are in financial difficulty...if not they will lose their units to loan sharks mah!
Lu tau boh ?
Posted by uncensored > Dec 23, 2021 4:11 PM | Report Abuse
stockraider you are liar, immoral, hypocrite. & evil hearted old woman.
Deprived the poor from owning a low cost flat as you have owned 15 unit of low cost flats. Collect higher rental from the poor. Exploiting the poor yet praising China chairman policy of common prosperity. Hypocrite
SHAME on you ...
2021-12-23 17:13
stockraider liar, you paid reasonable price to enrich the developers or & those greedy that using the system to get cheap cheap flat that subsided by gov. Then you jacked up the low cost flat ( now become high cost ) to the one who need a place to stay. In the end the poor need to fork out EXTRA money to get a more expensive flat to stay in. All the gov subsidised money go into your pockets. You EVIL Hearted man. Shame on YOU. So more called yourself a rich man..
2021-12-23 17:24
No lah...it is illegal for high income to buy primary units from developers mah!
Why raider wants to do illegal things leh ??
Anyhow to invest in low cost units...the objective is to help the b40...why raider want to do the illegal things leh ?
Lagi pun...Raider reputation also at stake...what happen newspaper highlight...raider as a tycoon of low cost units...surely govt official come n investigate....then how raider going to explain that raider is truthful & trustworthy leh ?
Posted by uncensored > Dec 23, 2021 5:23 PM | Report Abuse
stockraider liar, you paid reasonable price to enrich the developers or & those greedy that using the system to get cheap cheap flat that subsided by gov. Then you jacked up the low cost flat ( now become high cost ) to the one who need a place to stay. In the end the poor need to fork out EXTRA money to get a more expensive flat to stay in. All the gov subsidised money go into your pockets. You EVIL Hearted man. Shame on YOU. So more called yourself a rich man..
2021-12-23 17:32
stockraider Liar please teach me HOW to trust a liar ???
Even if you buying low cost flat from secondary market, you action first has deprived the poor family who need a place to stay from owning a unit, & second you indirectly contributed to increase in the price of the low cost flat, & thirdly you encouraged more people to speculate on low cost flat to make a profit.
Do you rent out your low cost flat free of charge ? NO you rented out RM450 per month & so might be even higher. Is this considered helping the poor ?
Also you have mentioned you have sold off 8 units of low cost & make good profit...
SO are you helping the poor...LIAR...LIAR
Caught you again & again LIAR
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Posted by stockraider > Dec 23, 2021 5:32 PM | Report Abuse
No lah...it is illegal for high income to buy primary units from developers mah!
Why raider wants to do illegal things leh ??
Anyhow to invest in low cost units...the objective is to help the b40...why raider want to do the illegal things leh ?
Lagi pun...Raider reputation also at stake...what happen newspaper highlight...raider as a tycoon of low cost units...surely govt official come n investigate....then how raider going to explain that raider is truthful & trustworthy leh ?
Posted by uncensored > Dec 23, 2021 5:23 PM | Report Abuse
stockraider liar, you paid reasonable price to enrich the developers or & those greedy that using the system to get cheap cheap flat that subsided by gov. Then you jacked up the low cost flat ( now become high cost ) to the one who need a place to stay. In the end the poor need to fork out EXTRA money to get a more expensive flat to stay in. All the gov subsidised money go into your pockets. You EVIL Hearted man. Shame on YOU. So more called yourself a rich man..
2021-12-23 17:52
Lu pakai otak lah!
This b40 owners desperately wants to sell mah!
If raider don come in to buy at reasonable price....these people will be force to sell to sharks who will exploit them with much lower prices mah!
Raider do not deprive the poor but help them mah!
The poor can buy from the developer at much lower price compare to the secondary market mah!
How raider contribute to increase in cost of low cost flat in the primary mkt as govt already fixed the control price leh ?
3rdly...bcos raider willing to buy..low cost thus provided more liquidity, if not b40 want to sell no takers...thus force sell cheap cheap mah!
Yes raider rent out in fact Rm 450 to Rm 550....but imagine a bunch of fellow come from kampung....where they can stay economically together leh ?
If not bcos of raider cheap flats willing to rent to them leh ??
Yes...Rm 550 per mth could be high for b40....but they stay 6 t0 10 working b40 people together...their household income is about Rm 10k per mth mah!
This consider highly affordable for them as each contribute about Rm 100 per mth only mah!
Yes lah...hold more than 10 yrs...when appreciated surely raider sell base on mkt price mah!
Anyhow...if raider invest on non low cost units apartment...it also appreciated loh....same same mah!
Posted by uncensored > Dec 23, 2021 5:52 PM | Report Abuse
stockraider Liar please teach me HOW to trust a liar ???
Even if you buying low cost flat from secondary market, you action first has deprived the poor family who need a place to stay from owning a unit, & second you indirectly contributed to increase in the price of the low cost flat, & thirdly you encouraged more people to speculate on low cost flat to make a profit.
Do you rent out your low cost flat free of charge ? NO you rented out RM450 per month & so might be even higher. Is this considered helping the poor ?
Also you have mentioned you have sold off 8 units of low cost & make good profit...
SO are you helping the poor...LIAR...LIAR
Caught you again & again LIAR
2021-12-23 18:46
This uncensored is brady dishonest, untruthful and a manipulator & a typical similiar to how USA Govt operate mah!
Very naive , post poor quality fake silly video n article on china that not even able to kon a 6 yrs old loH!
Some more pusing here & there brady waste of time mah!
Example he ask raider when buy the low cost units and raider already mentioned more than 10 years mah....of course buying from the low cost units from secondary mkt of course all various dates mah!
He ask raider rich or not just with units of low cost can be rich meh ? ...Raider already answered mah...the 15 units of low cost is just a appetiser to raiders overall assets mah!
Raider have other assets like properties, share, cash and business mah!
Raider is a honest & truthful guy just like current China govt straight forward, efficient & effective and strong integrity & honesty with sense of helping others loh!
2021-12-24 11:38
The characteristics of little pink fans communists
1. EVery things CPC did is correct & for good of China & also others. If not good for certain group of people then that group must be evil people & need to be punished.
2. EVery things USA did is evil & purposely against China. All Chinese must to hate the American.
3. Human right is evil tools by the western in order to undermine the China.
4. Democracy is evil scheme.
5. China must be control by CPC if not China will be divided into few smaller countries.
6. Western is jealous of China success hence they are plotting to destroy living hood of Chinese in China.
7. All chinese are China people. 中国人
8. Chinese in China are simple minded people which can be easily influenced by western. Hence they should protect from western media , news, social media via building up fire wall.
9. Capitalist is evil person.
10. Like to twist & turn.
11. It is NOT about the TRUTH, it is all about FACE. CPC only wants the people to see good things or faked good things thru its own controlled media.
12. Racist
13. Hypocrite & Liar
14. Extremely Selfish. Exceeded above the normal human level.
15. FREE speech & street protest , rellies are evil things.
16. Always said the opposite things just to cover themselves. Like to turn black into white.
17. Use threat to quash complaint
18. Lazy & Sloppy in doing things. Never check nor review to present their case. Just simply said & do silly assumptions.
19. Self hypnotised. Make own self in believing China CPC is of good moral status. Every things that they did must be 100% corrected & for good of all everyone. CPC is saints. 自欺欺人
20. Always love to accuse USA doing evil things as form of defencing the evil things happened in China. As if China is love to copy evil things happened in USA. Yes USA is their standard model of evil charater but they never copy the good things did by USA. Ha...Ha...Ha... only love to copy evil... evil in nature ???
21. Always avoid answering a direct questions.
2021-12-25 11:52
SunnySunshine
Old man reported old news
2021-12-20 21:10