Posted on 12/19/2018 4:54:15 PM PST by rintintin
If you are still buying stocks, you are fighting the Fed and fighting the Fed can be an awfully difficult battle.
That's how come stocks went down today and they could continue to go down, because Fed Chair Jay Powell isn't about appeasing stock buyers, he's about slowing growth so that we don't have a lot of inflation.
(Excerpt) Read more at realmoney.thestreet.com ...
Trump appointed Powell. Did he know anything about him?
That’s how come stocks went down today and they could continue to go down, because Fed Chair Jay Powell isn’t about appeasing stock buyers, he’s about slowing growth so that we don’t have a lot of inflation.
...
Did economic growth cause the inflation in Venezuela?
Economic growth doesn’t cause inflation.
The banks need to improve their margins. They like loaning and having the same money returned. Not being repaid with inflated cheap dollars. To hell with the rest of us.
FRiends. If this keeps up we are headed back to the stagnant 60s in the stock market. Those times were absolutely murderous to investors.
He may be kaput and soon.
Fed`s trying to create a recession:
Given that prices are rising only marginally, and that there is no evidence yet that wages are going to push inflation up much further, one might wonder why the Federal Reserve is so committed to raising interest rates this year. After all, the economy was doing fine back in 2012, and the Federal Reserve failed to take any action back then.
What’s the rush? Is there some politics at play?
Inflation According to Obama and Trump
With the Federal Reserve being a complete cheerleader for almost the entire length of the Obama presidency makes one wonder whether the Federal Reserve only thought the Obama administration was merely a poor choice for the economy.
Interestingly, through 15 months of the Obama administration, inflation was up about 2.6%. Over the same amount of time, inflation is up only 2.2% during the Trump administration.
In looking at Federal Reserve actions on its federal funds target rate over the Obama and Trump administrations, it appears quite clear that something is going on there at the Federal Reserve when it comes to politics. What is going on is the question.
https://www.valuewalk.com/2018/05/federal-funds-target-rate/
That's why the geniuses at the FED are supposed to accommodate same, at a proper level.
Economic things are sick at a Zer0 interest level. But an an abrupt change to realistic interest levels are bad mojo, unless one is interested in GETTING TRUMP!
Whoever nominated this guy has no idea what he’s doing.
So tax cut induced growth of 4-6% can’t handle a Fed funds rate of 2.5%?
Increased interest rates on savings accounts is not a bad idea. Providing an after tax after inflation return of 2 or 3% on saving accounts does not sound unreasonable.
Fire Jay Powell and rein in the Fed.
SOB has cost me 40K in about the last 2 weeks.
Interest rates are Way too low in the first place, they should be in the 5-6 range at least. Inflation during the Muslim years was 10-12% if you factored in Food and Energy, like we did in the 70’s when we started calculating it, which was a result of Welfare in 1964, the Coinage Act of 1965 and the closing of the Gold Window in 1971. There was no inflation for 30 years before we went to Full Credit Money.
He also appointed lots of other bad people. Almost certainly he took advice from the snakes around him.
Not when the economy and the government are built on mountains of debt. Leverage multiples the boom. Borrowing costs of that leverage multiplies the bust.
There was no inflation for 30 years before we went to Full Credit Money.
You forgot to mention the Vietnam War. War ALWAYS triggers two things - taxes and inflation. That’s another reason I can’t stand the NeoCons and their love of war.
Makes me wonder if Powell was recommended by Bill Kristol.
Yellin the Fed Chair never raised interest rates during Obama's Presidency!
Eric Holder as AG was also loyal so was Comey & everyone at the IRS!!
Powell is an Obamanoid with huge personal investments in the green energy scam. He’s way bigger than Kristol.
Us too. We are counting on our investments to live off of. My husband is 80. I’m 68. We have no pension. Tomorrow we call our financial advisor. Whenever we do talk to them they tell us we are wonderfully diversified. In the meantime minus,minus, everyday.
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