[jdsteel]

The article makes the mistake of equating the stock market and the economy.

They are related but not the same.

[rollo tomasi]

Not really, pensions both private and public for one example, rely on the market because it is the only “game in town” due to low interest rates/pension funds that went bankrupt which Federal programs picked up to invest in... etc Another is a retirement magnet for individual investors. Not the "whole" economy but effects millions of people in this country for their only source of income (Again, savers were screwed over for many decades to prop up the market).

[Warriorposter]

Powell should have been slightly increasing rates years ago . NOw that inflation is out of control he has to go extreme in the opposite direction. What a doofus. And this guy is supposedly some monetary expert?

I tell you, picking people for high level govt positions was definitely NOT trumps strong suit.

[Warriorposter]

Powell should have been slightly increasing rates years ago . NOw that inflation is out of control he has to go extreme in the opposite direction. What a doofus. And this guy is supposedly some monetary expert?

I tell you, picking people for high level govt positions was definitely NOT trumps strong suit.