Stock Market/Investing/Day Trading/Speculative Trading Thread

[Faux Sean Callahan]

 

[Faux Sean Callahan]

 

[Jim14510]

That seems unrealistic. What does "this year" mean? Next March/April when inflation was like 8% in March/April 2022?

 

[Faux Sean Callahan]

That seems unrealistic. What does "this year" mean? Next March/April when inflation was like 8% in March/April 2022?

I don't know how they do that without killing demand.

This administration seems to have zero interest in helping supply side in their economic theory.

 

[Faux Sean Callahan]

Stock is up 11% in after hours

 

[Faux Sean Callahan]

 

[BingoDingo]

That seems unrealistic. What does "this year" mean? Next March/April when inflation was like 8% in March/April 2022?

I think year end consensus is still 5.5-6%...unless something drastic changes with energy prices, we aren't getting within bounds until mid to late '23, it doesn't look like.

 

[BingoDingo]

I don't know how they do that without killing demand.

This administration seems to have zero interest in helping supply side in their economic theory.

What type of supply side policies do you think would they should target?

 

[Toe]

I don't know how they do that without killing demand.

Isn't killing demand the whole point of raising interest rates?

 

[Faux Sean Callahan]

Isn't killing demand the whole point of raising interest rates?

I'm more referring to execution style double pop to the back of the head Boondock saints style.

Vs current plan of trying to get a "soft landing"

 

[Faux Sean Callahan]

What type of supply side policies do you think would they should target?

Energy/oil would be the place to start.

Actually would've started day 1 imo.

 

[BingoDingo]

Energy/oil would be the place to start.

Actually would've started day 1 imo.

Sure, so subsidies to energy/oil companies? Or what?

 

[slattimer]

What type of supply side policies do you think would they should target?

Incentivize big oil to open it. But that won't happen. Release oil from the strategic reserve is a joke and is going to prolong the problem, because it's going to have to be replenished.

 

[slattimer]

Sure, so subsidies to energy/oil companies? Or what?

Don't be hostile and threaten to pull leases at the drop of a hat would be a start

 

[BingoDingo]

Incentivize big oil to open it. But that won't happen. Release oil from the strategic reserve is a joke and is going to prolong the problem, because it's going to have to be replenished.

Yeah, I think the only thing that is going to give you more production is probably some significant guarantees and shared subsidies. After 2018 and 2020, I just don't see domestic production blowing up anytime soon(double digit growth).

Don't be hostile and threaten to pull leases at the drop of a hat would be a start

I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.

 

[Jim14510]

I think year end consensus is still 5.5-6%...unless something drastic changes with energy prices, we aren't getting within bounds until mid to late '23, it doesn't look like.

That sounds more reasonable.

 

[Jim14510]

probably some significant guarantees and shared subsidies.

I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.

Those two statements seem contradictive to me.

 

[slattimer]

Yeah, I think the only thing that is going to give you more production is probably some significant guarantees and shared subsidies. After 2018 and 2020, I just don't see domestic production blowing up anytime soon(double digit growth).


I don't know the impact this has on actual production numbers, but if I had to guess...it's probably little to no impact.

Big oil isn't going to do shit in terms of expanding production right now, despite demand telling them to do exactly that, because of the uncertainty. Some guarantees would go a long way IMO.

 

[Faux Sean Callahan]

Sure, so subsidies to energy/oil companies? Or what?

You would need to encourage oil companies to produce more, but comments like this.....


didn't make him any friends among oil companies.

How do you get them to produce more?

• Don't make it your mission to take them out.
• Provide stability in the marketplace.
• Have a pro domestic energy policy.

Bottomline we needed to be encouraging a plan for more production the second it looked like we were opening up post covid. We obviously didn't in oil and we are paying for it now.

 

[BingoDingo]

Those two statements seem contradictive to me.

I don't think they are. The guarantees I think I'm talking about is really around price support/shared risk...while the second is discussing future capacity.

Pulling future leases will obviously reduce the rate of production growth...but given capacity and utilization rates currently, new land leases aren't providing any new production.