Fed’s Powell: ‘The time has come’ for interest rate cuts

Fox Business ^ | 8/23/2024 | Breck Dumas

[Miami Rebel]

I'm selling treasuries into the rally and buying corporates,

[Red Badger]

Throwin’ gasoline on the fire to put it out..................

[cgbg]

Inflation will reignite.

Stick with short term and wait for the long term rates to explode higher.

[frogjerk]

So, the economy is so good that the Fed has to lower rates.

The FED is a joke

[frogjerk]

It is not the job of the FED to fix interest rates. Their jobs is to control the money supply.

[teeman8r]

must be an election year or something...

[Miami Rebel]

I’m getting 6.7% to 8.4% on 1-4 year maturities.

[Tell It Right]

Translation: can’t let the economy stay bad during an election year while fellow statists are in the WH.

[Miami Rebel]

Maybe, but if we can agree that the labor market is weakening (and it is, by a lot) then we can agree that money needs to become easier.

[delta7]

I’m selling treasuries into the rally and buying corporates,
———-
You are alittle late, the world has been dumping US debt instruments in record amounts. The entire world’s Central Banks have been buying historic amounts of Gold….think they know something Joe six pack doesn’t?

All eyes on the upcoming Brics Summit! A massive reevaluation of Sovereign Gold holdings is imminent….the M-Bridge Unit will strangle the USD….can you say “ Currency Crisis”?

[ridesthemiles]

HE IS A DAMNED LIAR.

MILK ALONE HAS GONE UP OVER 2.5%

[delta7]

I’m getting 6.7% to 8.4% on 1-4 year maturities
——————
In ever decreasing USD’s. Unless you are getting returns that beat the real inflation numbers, USD’s are a losers game.

[CivilWarBrewing]

What other talking points will the REGIME take from Trump?

ELECTION INTERFERENCE, 101.

[citizen]

“See, Harris is working her magic already!” /s

[1Old Pro]

They need to attempt to prop up Kamala’s recession until after the votes are in.

[SaxxonWoods]

Expected, given the numbers. It’s been a good couple of years for bonds and stocks. How people decide to allocate funds now will be interesting to see.

[cgbg]

One of the nastiest effects of inflation is it motivates people to take on high risks to get their return above inflation.

[Theoria]

Whoever the next Pres is will have a nasty economy. The government handouts, massive spending and other goodies have kept the economy chugging along the past few decades, hopefully all of that ends soon.

Housing will continue higher, pay will stagnate via AI, outsourcing and black market work aka illegals. We will have a credit event next year regardless of who the president is, more so if Trump is elected.

[griffin]

When you have to cut, CUT; don’t talk. -Tuco

[delta7]

HE IS A DAMNED LIAR.

MILK ALONE HAS GONE UP OVER 2.5%
————
Willams who tabulated inflation numbers for .gov for twenty years states real inflation is north of 14 percent.

“ Williams calculates the U-6 rate as it was calculated until December 1993.”

http://www.shadowstats.com/