Posted on 03/15/2023 7:51:35 AM PDT by Kaiser8408a
Market now expects FED to hike max. one more time by 25bps followed by 125bps cuts in total by end of 2023.
No, not the Klaus von Bulow “Reversal of Fortune.” Just a Fed/Biden murder of the US economy.
(Excerpt) Read more at confoundedinterest.net ...
I’ll believe the rate cuts when I see it. The Fed is back to QE to pay for their bank bailout. They won’t be able to help themselves and flood the economy with more money causing a resurgence in inflation.
Wall Street assholes are continuously trying to get the fed to back of the needed rate hikes.
I don’t think they’re going to be successful. We have a lot of interest rate hikes to go before inflation is tamed.
And what happens in 2024?
"Hey, we lowered rates due to our great leadership. Please clap."
whatever these clowns do they will eff it up.
Jimmy Carter on steroids..... fed hikes will not stop in 2023....
Biden will see Jimmy Carter level interest rates.....
Market now expects FED to hike max...
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What used to be “The Stock Market” is now the Fed Market. The Fed dominates it.
“The Market” are those who are wishfully thinking of a return to zero interest rates of over a year ago.
We got addicted to the low rates. Withdrawal is going to be a painful process.
The full effects of rate changes are 12-18 months behind the change.
Just like bumps in 1990 to dislodge Bush Sr in 92, these cuts are aimed to make Democrats look OK for 2024. Brandon will sign drilling permits and quell energy costs, and the MSM will paint a rosy picture.
This looks like the decade-long thrashing about by the Fed in the 1970s that led to stagflation. It took the high interest rates, bad recession and tax reform of the early 1980s to reset everything to right, but it was like chemotherapy for the economy. Since Congress has even less self-control now, I expect the cure to be harder and less effective.
Rates are only now approaching their historically typical levels.
The artificially low rates of the last 15 years have benefited borrowers, chief among them — the US government.
When rates hit 10%, then I’ll be worried. Biden is worse than Carter. Unlike Carter, Biden is evil and stupid.
What a bunch of ‘tards...the Federal Reserve, now under new management by directors Moe, Larry and Curly.
Starboard wrote: “We got addicted to the low rates. Withdrawal is going to be a painful process.”
More so for some than for others.
Too many are like a drug addict desperately looking for a reason for their cheap drugs.
A lot of people believe that low rates will come back and that inflation will return to very low levels. Neither is going to happen.
Sounds to me like playing grab-ass.
Biden wants to stiff DJT for 2024.
Not gonna happen with inflation where it is.
Starboard wrote: “A lot of people believe that low rates will come back and that inflation will return to very low levels.”
Lots of people made lots of money under low interest rates and low inflation. They are hoping against reason that those days will return.
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