Posted on 08/14/2019 10:55:30 AM PDT by rightwingintelligentsia
Are we going back to the days of “Gellin’ with Janet Yellen”?
What is it with these people? Can’t they just enjoy retirement and leave us all alone?
Time to admit President Trump was right and they should have had a bigger rate decrease.
Charlea Paine said this morning that the tre3mendous inflow of cash purchasing bonds was lowering the yield on bonds.
That means the money is coming from foreigners to finance our deficit. If Tax payesr don’t have to finance the deficit, that adds to the GDP
Remember..... it is August. The second and third strings are on the fie3ld
The first string is on vacation
you would be wrong
She has nothing at stake, and the only reason she’s asked her opinion is that she was the Fed Chairman.
Nobody at the Fed is ever held accountable either, which was my main point. They’ve cost the United States trillions of dollars in wealth.
Economic growth does not cause inflation as the Federal Reserve claims.
The market has always been a gamble. However you can go back well over a hundred yrs and see the avg return for investments over the long haul is 8+%. The markets advance 2 out of every 3 days on average but if you are not investing for the long haul then you should not be in at all.
Best friend of mine sold everything in 2009 after losing (on paper) about $500,000. He still had about $900,000 and left it in cash. Had he stayed in he would have considerably more than double what he had.
The numbers- Start date 7/2009-thru 7/2019
Total Dow Jones Industrial Average Return 161.785%
Annualized Dow Jones Industrial Average Return 10.102%
Total DJIA Return (Dividends Reinvested) 233.830%
Annualized DJIA Return (Dividends Reinvested) 12.811%
Inflation Adjusted (CPI)?-Yes
I post on liberal sites a lot. Six years ago it really ticked them off that I claimed FOX was liberal, but just not as liberal as CNN.
When you don’t have TV, you see that FOX is liberal, except for some of its’ show hosts (Ingraham is a good example).
So, you’re not a fan of day trading? :D
LOL, hardly
I think she may be right.
There’s a pipeline of growth with the tax cuts and nearly full employment. It should arrive starting any day now.
And the Fed should be keeping a very close eye on any emerging inflation pressure, especially commodities/energy.
“Economic growth does not cause inflation as the Federal Reserve claims”.
In a mature economy like ours the growth rate can be too high. Anything above about 4% (who wouldn’t want to see 4% real growth?) is inflationary.
When you pump up the money supply, it eventually ends up in prices.
1) I agree, no recession on the horizon 2) CNBC, are they professionals, using "their" instead of "they're" ..seriously?
Actually, that is not inherently true. If you pump up the money supply without adding to the assets that are priced into that amount, you get inflation.
If the value of dollar denominated assets went up by 10% and the money supply went up by 10%, we’d have zero inflation.
When you pump up the money supply, it eventually ends up in prices.
...
The only time the Fed pumps up the economy with money is after they cause a recession. They cause recessions with interest rates that are too high. The Fed causes inflation, not the economy.
Economic growth does not cause inflation in our economy or any other.
“Yellen is agreeing with Peter Navaro that people are borrowing money in Europe with negative interest rates (they pay back less than they borrow) to buy US 10 and 30 year Treasuries (they get back nearly 2.0% on their borrowed money). The technical term for this is win-win and with trillions of dollars in the float it amounts to real money. This completely nullifies the predictive value of the inverted yield curve and the equities algorithms and traders are selling based on the expectation of a recession that will not happen. When they come to their senses and realize their mistake they will pour into equities again. That coupled with the crowd that is boycotting equities because Trump is President will provide the fuel for a powerful FOMA upside when they realize that he is going to get reelected in 2020.”
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Precisely! And when Navarro attempted to explain this Fox News’s made sure to interrupt him constantly and change the subject.
Precisely! And when Navarro attempted to explain this Fox News’s made sure to interrupt him constantly and change the subject.
If I could have jumped through the TV I would have wrung Sandra Smith’s neck. She was hunting with all her prowess?
for negative answers, and looked like an idiot.
People have been fainting every time the yield curve inverted since Trump got elected. And nothing’s happened - because the underlying economic tax and regulatory fundamentals are better than they have been for decades!!
The market will follow the economy. It has no choice.
And, more importantly, with large tax and regulatory reforms.
“When you pump up the money supply, it eventually ends up in prices.”
The Fed has been engaged in quantitative TIGHTENING not quantitative easing. The money supply is NOT being pumped up under Trump, the OPPOSITE has been happening.
The ONE time I would've liked someone to listen to Yellen and apparently they didn't: Dow -800 !
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