They are putting out the fire with gasoline..................
crisis
CRISIS!
We need more inflation.
Whistling past the graveyard. Wishful hoping about a rate cut that I do not believe is going to happen. More likely another hike.
Easy fix.
Print more dollars. Ten trillion ought to do it, for starters.
2024-2025 will be ugly.
I was actually looking at the Sahm Rule’s historical data yesterday, and found that it usually triggers 3-4 months after a recession has already started.
The Fed needs a rate cut to contain rising Fed debt servicing costs, which will top one trillion dollars this fiscal year.
The run up of the stock market in 2023 is eerily similar to what happened in 1929. Despite inherent weaknesses in the economy stocks through most of 1929 rose steadily until the collapse. The stock market in 2023 has defied economic realities. Despite enormous government and consumer debt, inflation,banking instability, money printing and policies designed to stall and even sabotage economic growth and production, stocks have risen. Fear what is coming in 2024 will make 1930 look tame. Then a conservative government was replaced by quasi socialists. In 2024 suspect the current socialist government will be replaced by conservative American patriots. Economic recovery however will not come easily.
The run up of the stock market in 2023 is eerily similar to what happened in 1929. Despite inherent weaknesses in the economy stocks through most of 1929 rose steadily until the collapse. The stock market in 2023 has defied economic realities. Despite enormous government and consumer debt, inflation,banking instability, money printing and policies designed to stall and even sabotage economic growth and production, stocks have risen. Fear what is coming in 2024 will make 1930 look tame. Then a conservative government was replaced by quasi socialists. In 2024 suspect the current socialist government will be replaced by conservative American patriots. Economic recovery however will not come easily.
It’s an election year would you expect any thing different. Give the economy another hit of meth.
After 17 months of the central bank tightening, the cheap money pimps want rate cuts.
However, Powell’s hearing aids went “belly up” & he can’t hear them at the moment.
Rates go down: bad
Rates go up: bad
If the Fed reduces the rate, how will it sell the $1.6 Trillions in Bonds?