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Going Down! November’s UMich Buying Conditions For Houses Plunges To Lowest Reading In History (The Fed Giveth And The Fed Taketh Away)
Confounded Interest ^ | 11/23/2022 | Anthony B. Sanders

Posted on 11/23/2022 11:07:01 AM PST by Kaiser8408a

We’re going down!

November’s consumer sentiment survey from University of Michigan is one for the books. It printed at 33.0, the lowest in the history of the survery that goes back to 1977.

This chart shows how The Fed and Federal government threw trillions at the Covid economic shutdowns and the aftermath.

BTW, the great blues tune “Going Down” was written by Don Nix of Alabama State Troupers fame.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Government; Politics; Society
KEYWORDS: biden; blogpimp; housing; inflation; mortgage
Biden and The Left's unholy war on the middle class continues.
1 posted on 11/23/2022 11:07:01 AM PST by Kaiser8408a
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To: Kaiser8408a
I also hate the unholy war on the English language..."It printed at 33.0." Gack!! Why do people have to keep making up ridiculous words or ridiculous new word abuses?
2 posted on 11/23/2022 11:28:31 AM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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To: ProtectOurFreedom

Why is “printed” a ridiculous word?

Serious question!


3 posted on 11/23/2022 11:33:39 AM PST by Reily
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To: Reily

“Printed” means to put on paper with ink. What in the world does it mean to “print 33.0”? Does it mean they put the number on paper with ink?

“Came in at” or “Reported at” or a simple “was 33.0” are conventional usages. “Printed at” is silly hipster new-speak.


4 posted on 11/23/2022 11:48:06 AM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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To: ProtectOurFreedom
You sure are dragging the pollsters (to roast really hard).
5 posted on 11/23/2022 11:58:28 AM PST by deks
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To: deks

*or rather, the ‘journalist’ above.


6 posted on 11/23/2022 11:59:19 AM PST by deks
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To: Kaiser8408a

I read the headline, and thought that University of Michigan was selling houses, but applied conditions for those who might buy them. It took a minute to figure it out. Oh well, I don’t want to live in Ann Arbor anyway.


7 posted on 11/23/2022 12:01:31 PM PST by Dr. Sivana (What was 35% of the Rep. Party is now 85%. And it’s too late to turn back—Mac Stipanovich )
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To: ProtectOurFreedom

Oh, I see! I thought you were objecting to the word “printed”.


8 posted on 11/23/2022 12:03:53 PM PST by Reily
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To: ProtectOurFreedom

I’ve seen/heard that word used in financial reporting for some time. My take is that it refers to the record numerical value for any given financial activity for that date.

For example, after the markets close in the afternoon, revisions to the closing prices are made for some time, due to last minute trades, etc. IIRC, for the NYSE, 5:00 PM Eastern time is the deadline.

The “print” number is what will show up in the morning paper as the closing price. Hence the reference to ink-on-paper terminology.


9 posted on 11/23/2022 12:09:14 PM PST by abb
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To: Kaiser8408a

Let’s go Brandon!


10 posted on 11/23/2022 12:15:45 PM PST by Gay State Conservative (I Miss Jimmy Carter)
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To: Kaiser8408a

And yet home sales went up in October.

Everyone keeps ignoring the fact that we are in a housing shortage.


11 posted on 11/23/2022 12:23:56 PM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Reily
Yes, I am ranting about how hipsters are destroying the language and the misuse of the word "printed" is a perfect example.

Language used to evolve slowly, as fast as people could move around and felt inclined to change usage. That's been going on forever. In fact, etymology is a fascinating field to study.

The rate of language change increased with mass media and movies. Then the changes went stratospheric with the Internet and social media. Pretty soon, we'll all be inventing our own words and definitions for existing words and nobody will understand anybody else. The abuse and misuse of "print" is a prime example.

Leftists are the prime culprits here. Just look at all the new "woke-speak" they've invented in recent years. Conservatives are more inclined to conserve the language we studied and used for ages and much less inclined to bend it to our political needs. I see a strong relationship between the intentional misuse of words like "print" and the silly pronoun craze and the leftists absconding with "gay" and "woke."

Orwell had a lot to say about the control of language in "1984":

...the “whole aim of Newspeak is to narrow the range of thought...in the end we shall make thoughtcrime literally impossible because there will be no words in which to express it."

..."individual thought, rebellious or 'unorthodox' thoughts will be impossible and so, too, will the true concept of individual freedom. Each concept will be expressed in just one word. Any subsidiary meanings will be rubbed out and forgotten.

The party controls the mind through the control of language (Newspeak), the control of history (the past) and the control of war / enemies, the process of DoubleThink. "Newspeak was designed not to extend but to diminish the range of thought. By cutting down the choice of words to a minimum people will be restricted in their capacity to think."

Sorry this is so far off topic, but using "print" incorrectly like this is on the path to Newspeak and totalitarianism.
12 posted on 11/23/2022 12:33:04 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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To: abb

Thanks for the explanation. I’ve seen it for a long time. It’s interesting that they choose to use a colloquial word rather than “final.”


13 posted on 11/23/2022 12:33:57 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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To: ProtectOurFreedom

Here’s some more definition. Over the years, I’ve found Investopedia to be fairly reliable as a source.

https://www.investopedia.com/terms/p/print.asp
https://financial-dictionary.thefreedictionary.com/Print


14 posted on 11/23/2022 1:06:32 PM PST by abb
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To: ProtectOurFreedom
Every field of work and hobby and people in geographic locations has its' own "lingo" or "slang", or "dialect".

It can be a real problem for folks not knowing the lingo to figure out what others are talking about.

Commonly known words can mean totally different things.

15 posted on 11/23/2022 3:24:48 PM PST by Mogger
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