I'm going to get TWO monacles for Christmas! SO I can see out of both eyes.
Posted on 12/11/2016 8:25:45 AM PST by brucedickinson
There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only the second time in a decade.
With unemployment at a nine-year low, jobs being created at an average of 180,000 per month, the economy growing at better than three percent in the most recent quarter and some signs of a pickup in inflation, the writing is on the wall. "I think the economy's doing fine," he told AFP. "The Fed taking its foot off the gas is not going to derail the US economy."
(Excerpt) Read more at yahoo.com ...
Since Hillary lost, the recount has fizzled and they may not be able to sway 38 electors, the left will have to make a few phone calls to our arab partners and raise gas prices and hike the Fed interest rates. When Trump takes over as President, they'll have gas at $40/gallon and the MSM will be doom and gloom for 4-8 years. Not one positive thing is going to spew out of their mouths. Every day, photos of crying Mexican kids (file photos, not actual Mexican kids in America) will be plastered on the papers no one buys to show how families are being torn apart. Temperature gauges all over America (3 or 4 of them) will read 440 degrees and we're all going to die from second hand smoke. I blame the Russians.
lol. Of course.
(Time to “Take Foot off the Gas”)...
I’d love to shove my foot up their a@@.
You can’t hide prosperity, just like they couldn’t when The Great One was president.
lol. Of course.
(Time to “Take Foot off the Gas”)...
I’d love to shove my foot up their a@@.
You can’t hide prosperity, just like they couldn’t when The Great One was president.
I'm going to get TWO monacles for Christmas! SO I can see out of both eyes.
And when mortgage rates increase real estate prices will fall, stocks will also fall as investors move back into bonds.
8 years...not a penny of interest for my bank accounts.
For years the Fed has had numerous opportunities to gradually raise interest raters. But they clearly resisted doing so for political reasons.
Since the Dems lost its suddenly OK now safe to hike rates and slow the economy down. No more need to keep rates artificially low now that Obama is gone.
Time to end the Fed.
Yellen will not try to help Trump. She loves Hussein and the Demon Rats
Trump will stimulate real demand for dollars to invest in America. That will drive up the natural interest rate. The Fed can now follow. If they don't we will have 8 more years of suboptimal growth. But I think they will follow.
Yep. Yellen should be fired.
On one of his slower weekends maybe The Donald can take time out to eviscerate the Fed. Phone/Pen whatever?
8 years...not a penny of interest for my bank accounts.
**************
Some people are just more entitled to beneficial financial policies than others in this country (/SARC). If you’re an investment banker you get low rates that allow you to make gobs of money. If you’re a retiree or salaried employee trying to earn a few dollars on your savings account you get nothing. The game is rigged against you.
The ONLY people not wanting the interest rates raised are those in the stock market.
One of the tenants of conservatism is understanding human nature.
When you hear the price of gas is going up, what do you do? You fill up the tank.
All is fine, there will be a rush to borrow money before the cost goes up. This is economic stimulation.............
Quick way to kill an already fragile housing market. 3% economic growth my azz!
She would be at the top of my list. Step #1 to draining the swamp.
It would send a strong message to the markets, the world financial community, and the people of this country that politicized technocrats who cater to the financial elites associated with the party in power will no longer be tolerated. We need to rid ourselves of these political hacks.
“Take the foot off the gas” - yeah, because there’s been no fuel in the mixture for the last 7 or 8 years. Nothing but air. Hot air.
No mention of the 95 million out of work and not counted in the unemployment figures that the media loves to publish.
No mention of the 95 million out of work and not counted in the unemployment figures that the media loves to publish.
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