Posted on 08/05/2024 9:37:08 AM PDT by whyilovetexas111
We have to hope that the Federal Reserve realizes that today’s stock market weakness is unlikely to be a passing fad given the poor underlying world economic and political fundamentals. Maybe then the Fed will do the right thing and start cutting interest rates aggressively to provide long-overdue support to a weakening U.S. economy.
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No, it’s Bidenomics being a success.
Just wait, it’ll be pawned off as a “sign that the economy is going great”.
the federal reserve is the problem
Cut interest rates so hedgefunds can continue to make risky investments using devalued yen to fund it. Makes sense.
Higher interest rates are the only way to cure that problem.
We should be headed back to 1983.
There is so many dollars swamping the money supply, interest rates need to be high to drain out a massive amount of excess dollars.
Inflation is a lot higher than the Biden administration is willing to admit in an election year. It is at least 12%.
Inflation will eat away at the economy if it isn’t controlled soon.
Government also needs to be cut drastically. Imposing a hiring freeze on the Federal Government would be a good start.
“Crash” or an emerging volatility in the extreme?
Exactly!!!
That's like trying to put out a fire by throwing gasoline on it..................
But our friends in the federal government love to kick the can down the road. So of course they will lower rates.
Raise rates OR aggressively cut rates and STOP SPENDING. It is not rocket science. If they could just stop pouring gas on the fire and show that they actually desire for the economy to improve, it would. They are like angry children and refuse to concede on any of their devastating policies.
1. Stop illegal Immigration + funding it
2. Stop funding Ukraine
3. Stop the ridiculous green agenda
4. Cut rates
The markets would soar. Capital would flow in to the USA. The housing market would take off. Jobs would improve. That they are deliberately doubling down on destruction should be obvious.
I’d see what tomorrow brings. The market has made a slight mark forward from the horrendous beginning of trading today.
Time for some political and economic Narcan.
It’s a feature, not a bug.
Rates should go up. Inflation must die.
That breaks a LOT, a LOT of eggs.
“There is so many dollars swamping the money supply, interest rates need to be high to drain out a massive amount of excess dollars”
Correct, but I think inflation is a way that the big guys exploit we little guys.
Cut interest rates so we can go back to 40-year high in inflation?
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No one wants to go back to the basics. Cut interest rates == higher inflation, start a War?History shows Inflation increases by 40 percent, with even more supply side inflation, …not to mention Gold increases greatly.
There is no way out of the trap we are in, given our insane debt, it is mathematically impossible to solve in our lifetime. DEFAULT is coming….just like Zelensky did last week…..and all other 4,600 paper currencies over history.
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