Posted on 10/10/2018 1:16:11 PM PDT by SoFloFreeper
What will be your strategery then?
Hey - Nike donates three times more to republicans than democrats!
FED is supposed to be non-political. But since Bernanke and Janet Yellen (previous Fed chairs) are basically east-coast liberals, they kept interest rates low to help Obama, so he could brag about the stock market.
Interest rates are lagging indicators of economic performance.
...
Short term interest rates are manipulated by the Federal Reserve, justified by their lie that economic growth and wage increases cause inflation.
I don’t mind either. When we have this sideways movement the economy is “filling the bubble”. Way better to “fill the bubble” than make the bubble bigger and have a huge crash.
Inflation is taxation.
The Fed is not for the general population.
They have a definite role in keeping the financial roller coaster from getting too wild, but they are not a populist organization.
I shorted the “boost” and made a little bit, but closed out too fast.
Market has built in the Trump tax cuts, deregulation, trade agreements, repatriation of offshore funds, manufacturing expansion, oil production dominance. And all that is just getting started in a historical context.
This dip is centered on tech spilling over to the composites. Tech is due for a hit because of their chicanery which is just now being exposed. There will be massive lawsuits coming that will last for years.
Hahaha, but we all know the truth, that inflation is caused by too much money chasing available goods and services.
But the politicians spending more than what they collect in taxes is no help in controlling inflation. That budget deficit has to come from borrowing and printing money.
I had my annual eye check up and ordered a pair of glasses on the vision plan a couple weeks ago. The brands available at my guy’s place for dedicated sunglasses were basically Nike and Ray-Ban. 3 guesses what I bought, and the 2nd two don’t count.
Is that like guns that shoot people?
But the politicians spending more than what they collect in taxes is no help in controlling inflation. That budget deficit has to come from borrowing and printing money.
Manipulating interest rates doesn't help either. Interest rates that go too high and hurt economic productivity have to be countered by interest rates that go too low and weaken the currency. All that quantitative easing under Obama certainly didn't help.
Any government action or government endorsed action that hurts economic productivity, as what's happened in Venezuela and elsewhere doesn't help inflation.
In 52 years of observing the Fed, I have never seen them increase rates above and beyond actual inflation rate.
But they have kept rates way below inflation during all 8 years of Obama-Hussein.
Isn’t the % drop all that matters.?
Exactly right. However tax cuts are behind us, with no more available in near future due to the ugly federal deficits. Regulations will last until democrats get back in power. Manufacturing expansion is a huge benefit, oil production is also subject to reductions when democrats get back in power. And finally stocks are currently overvalued, and further ascension requires a goldi-lock scenario. http://www.multpl.com/shiller-pe/
Yes! The drop in October 1987 was mush bigger than today on percentage basis.
Tax cuts generate increased revenue, tax hikes will slow the economy and lowers tax revenue.
Soros.
wow, boeing (BA) might be a buy right now (thots?)
Full effect of tax cuts won’t be seen for a couple of years.
As a PhD in statistics, I always poke my ecometrician and market prognisticator colleagues on their manuscript pub drafts as to why they opted for astrology as a subject matter rather than engineering, physics, computer science.
Because my review approval was necessary to their getting published, they usually would try to change the subject. Didn’t work, I would just repeat the question.
Eventually, I would be told their subject matter interest was chosen because it was ‘fun’.
I usually responded saying there were a lot of unsophisticated followers losing their life savings as a a result of their ‘fun’.
It’s astrology.
But POTUS’s actions are firm reality.
Have you seen this neat little toy?
https://stockcharts.com/freecharts/yieldcurve.php
Clicking on animate is entertaining.
I wish it went back 50 years instead of 10.
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