Posted on 09/20/2023 2:04:23 PM PDT by lasereye
"The decrease in the number of cuts in 2024 is one of the more telling changes this month. It means (combined with the increase in growth expectations and cut in unemployment rate for that year) that the Fed is increasingly confident that they can pull off a soft landing and that the economy can withstand higher rates for longer," said Andrew Patterson, senior economist at Vanguard.
I keep seeing where some Wall Street strategists say we're heading into a recession. We continue to have a very negative yield curve. That means the bond market expects a recession is not too far off. OTOH, the Fed sees no impending recession. It's a weird situation.
“....as economy outperforms” ????
Thanks President Retard
I had the same response...is this for real????
I feel the same
I MUST HAVE A DIFFERENT DICTIONARY
As the market took another dump again today. The market isn’t the economy but things are starting to look like the game, Fallout.
my question would be, performs to what set of standards? America’s best interests or the globalist agenda which is performing as designed. To destroy what’s left of Capitalism and bring her to her knees.
Hi.
“and the economy continues to perform.”
Huh?
5.56mm
I’ve decided 5% on my no risk money market funds is fine.
Deal with it
Just for comparison, diarrhea outperforms normal bowel movements in terms of velocity.
Raising rates to quell inflation always slows the economy and leads to higher unemployment and lower output. How can the economy “outperform” in an inflation-fighting high-interest rate era?
Did Bidenomics repeal all economic laws?
All the institutions are now pathological liars. Incapable of being truthful because the truth will destroy their entire Narrative.
great point
We no longer have anyone (or at least there are very few) in the bureaucracy or in political office that understands economics.
And my 401K drops like a rock again
Steady as she goes....
USS Bideneconomy is on the way to epic voyages of wealthbuilding.
https://www.youtube.com/watch?v=C8Kou8yN2Yk
Same here. That 5% beats anxiety. And is way better than MM paid for a decade.
kept its benchmark lending rate unchanged
As of business close today:
New Issue CD Rates (% APY)
5.50 3 mo
5.50 6 mo
5.50 9 mo
5.50 12 mo
5.50 18 mo
5.35 2 yr
5.10 3 yr
4.85 4 yr
4.70 5 yr
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