Posted on 03/25/2024 8:26:35 AM PDT by Kaiser8408a
Fear The Talking Fed!
Back in mid-December, after the Fed’s first, and very shocking, dovish pivot when just two weeks after Powell said it had been “premature” to speculate on rate cuts the Fed suddenly changed its mind (despite very strong economic reports in the interim) and unexpectedly revealed it had been “discussing a timeline to start rate cuts”…
… in the process, sparking the biggest market meltup in a decade, we explained that there was no mystery behind the Fed’s sudden change of heart: it had everything to do with Biden’s woeful performance in the polls.
… maybe what that happened in the past two weeks had nothing to do with economic data, the state of the US consumer, or how hot inflation is running and everything to do with… phone calls from the increasingly angry White House, the same White House which after seeing the latest polling data putting Biden at the biggest disadvantage behind Trump despite the miracle of “Bidenomics” decided to pull its last political level, and had a back room conversation with the Fed Chair, making it very clear that it is in everyone’s best interest if the Fed ends its tightening campaign and informs the market that rate cuts are coming. It certainly would explain why despite keeping the 2026 projected fed funds rate unchanged at 2.875%, the Fed just as unexpectedly decided to pull one full rate cut out of the non-election year 2025 and push it into the pre-election 2024.
(Excerpt) Read more at confoundedinterest.net ...
Double-Down on stupid....................
No one saw that you’d cut those rates this year.
These idiots are doing everything they can to convince Americans that Bidenomics is a success...except for actually foster economic SUCCESS!!
They are not cutting points because inflation is under control...they are cutting points in an effort to help Pretendent Biden get reinstalled for another four years - PERIOD!!
The “Black Swan” event is coming.
“The center cannot hold
The center cannot hold”
“The “Black Swan” event is coming.”
But the Fed is signaling that it’s determined to postpone the disaster until after the election, so it’s safe to stay invested in the stock market until then.
All one can ask at this point is what comes after trillion?
There never was a plan to correct this problem/issue!:
999 more trillion. Then that quad thingy.
Fed will do nothing. Election year.
Brazillion
:NeverTrumpin':
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