Foul Powell On The Prowl! Odds Of March Rate Cut Hits 80% As Gold Soars To All-time High
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Confounded Interest ^
| 12/01/2023 | Anthony B. Sanders
Foul Powell on the Prowl! Despite Powell’s confusing messaging on inflation, the market is pricing in an 80% chance of a rate cut in March 2024. The
Fed’s dots plot shows the same thing: Fed target rate falling like a paralyzed falcon. As gold soars to an all-time high. The difference between California governor Gavin “Toothsome” Newsom and Leave it to Beaver’s Eddie Haskell is that Eddie Haskell was more sincere.
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Fed’s Powell warns market must be flexible with forecasts, ‘dynamic’ economy
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The Hill ^
| 11/08/2023 | Julia Shapero
Federal Reserve Chair Jerome Powell urged the central bank’s forecasters on Wednesday to remain flexible and “think outside” traditional economic models, as they continue to offer projections for a post-pandemic economy that has repeatedly confounded expectations. Powell
touted the Division of Research & Statistics, which provides the Fed with economic data and analysis ahead of its interest rate decisions, at a conference celebrating the division’s 100th anniversary.
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Trump claims Sidney Powell was 'never' his lawyer after her plea deal
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NBC News ^
| 10/23/2023 | Dareh Gregorian
Former President Donald Trump is distancing himself from attorney Sidney Powell in the wake of her guilty plea in the Georgia election interference case. “Sidney
Powell was one of millions and millions of people who thought, and in ever increasing numbers still think, correctly, that the 2020 Presidential Election was RIGGED & STOLLEN," Trump wrote in a post on his social media platform Truth Social on Sunday. "Despite the Fake News reports to the contrary, and without even reaching out to ask the Trump Campaign, MS. POWELL WAS NOT MY ATTORNEY, AND NEVER WAS," he wrote.*** Eric Segall, a law...
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How Sidney Powell's Plea Deal Could Hurt Trump in the Georgia Racketeering Case
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Reason ^
| 10.20.2023 | Jacob Sullum
The election conspiracy theorist struck a deal that allows her to avoid prison by testifying for the prosecution.After the 2020 presidential election, Sidney Powell tirelessly promoted a baroque conspiracy theory claiming that Donald Trump had been deprived of his rightful victory by a combination of deliberately corrupted voting machines and phony ballot
dumps. At first, Powell explicitly did that on behalf of the Trump campaign, joining the "elite strike force team" of lawyers who were determined to reverse Joe Biden's victory. She also pressed her outlandish and unsubstantiated fraud claims in numerous TV appearances and in lawsuits she filed on...
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Trump and Giuliani never fell for Sidney Powell’s 2020 election ‘Kraken’ — but the left sure did
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The New York Post ^
| 10/22/2023 | Miranda Devine
Sidney Powell, the one-time Trump legal adviser — who famously failed to “release the Kraken” that would overturn the 2020 election — has flipped. *** ***Powell was in bad odor with both Trump and Giuliani from the minute she started jabbering about Krakens, which Giuliani told the then-president was “crazy s- -t.”
Between them they fired her three times, because they thought she was a crackpot. *** But in truth, it didn’t take long after the 2020 election for Giuliani, then Trump’s attorney, to realize that Powell had zero evidence for her farfetched claims, including that Venezuelan dictator Hugo Chavez...
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Can The Fed Fix Biden/Congress Spending Addiction? Volcker, Greenspan, Yellen, Powell All Pushed Rates Lower … Until Biden (Fed Still Ignoring Taylor Rule) Mortgage Rates Continue To Climb
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Confounded Interest ^
| 10/21/2023 | Anthony B. Sanders
I had a wonderful time speaking at the Passive Investors Conference last night. One
question I was asked was “Why doesn’t Powell (the current Fed Chair) pull “a Volcker” to cool inflation. She was referring to former Fed Chair Paul Volcker’s sudden raising of The Fed’s target rate which resulted in a cooling of inflation, but also an increase in the 30-year fixed mortgage rate to 16.63% in 1981. Notice the trend in the Fed’s target rate and 30-year mortgage rate after Volcker’s rate shock. The trend in both has been downward as inflation was cooled. But, each Fed Chair...
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Powell says inflation is still too high and lower economic growth is likely needed to bring it down
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nbc news via msn ^
| 10/19/2023 | Jeff Cox,
ederal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the slowing in price increases was not enough yet to determine a trend and that the central bank would be “resolute” in its commitment to its 2% mandate. “Inflation
is still too high, and a few months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal,” Powell said in prepared remarks for his speech at the Economic Club of New York. “We cannot yet know how long these lower readings...
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What Sidney Powell’s Deal Could Mean for the Fulton County Case Against Trump
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The Atlantic ^
| David A. Graham
Sidney Powell, the attorney who used that catchphrase for her work to overturn the 2020 presidential election, pleaded guilty today to six misdemeanors in Fulton County, Georgia, as part of a sweeping racketeering case against Donald Trump and 16 others. Under
the terms of the deal, Powell admitted she conspired to breach the election systems in Coffee County, Georgia. She recorded a proffer video with prosecutors that described the crimes and she agreed to testify at future cases. She also wrote an apology letter to citizens of Georgia and agreed to pay almost $9,000 in fines. The plea deal appears...
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CNN’s Honig: Sidney Powell Plea Potentially ‘Devastating For Donald Trump’
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Breitbart ^
| 10/19/2023 | Pam Key
CNN legal analyst Elie Honig said Thursday on CNN’s “News Central” that Attorney Sidney Powell’s guilty plea in the Georgia election crimes case could be potentially “devastating for Donald Trump.” Partial transcript as follows: KATE BOLDUAN: Few people pushed it further than Sidney Powell. HONIG: Yeah, that’s right. It’s
important to remember who Sidney Powell is, she’s one of Donald Trump’s closest loyalists. She’s somebody who Donald Trump has claimed he relied on her advice to proceed in his effort to try to steal this election. This is a major breakthrough for prosecutors, potentially a devastating development for Donald Trump,...
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Sidney Powell Pleads Guilty in Georgia Trump Case
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NYT ^
| 10/19/2023 | Richard Faussett
Sidney Powell, the Trump-aligned lawyer and conspiracy theorist indicted in Georgia and accused of participating in a plot to overturn former President Donald J. Trump’s election loss in 2020, pleaded guilty on Thursday morning to six misdemeanor counts of conspiracy to commit intentional interference of election duties. Ms.
Powell, who appeared in a downtown Atlanta courtroom, was sentenced to six years of probation for the charges, a significantly less-severe outcome than she would have faced if found guilty of the charges for which she was originally indicted, which included a violation of the state racketeering law
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Former Trump lawyer Sidney Powell is pleading guilty in the Georgia election subversion case
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Twitter ^
NEWS: Former Trump lawyer Sidney Powell is pleading guilty in the Georgia election subversion case, one day before her trial was scheduled to begin.
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NAHB (National Association of Homebuilders), MBA, and NAR (National Association of Realtors) demands Jerome Powell to stop raising rates
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X ^
| 10/9/2023 | Lance Lambert
#NEW @MBAMortgage , @NAHBhome , and @nardotrealtor just wrote a letter to Fed Chair Jerome Powell. They’re asking for… 1. No
more rate hikes 2. The Fed to “not sell off any of its MBS holdings until and unless the housing finance market has stabilized”
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Free Movie Dick Powell as Richard Diamond, PD -
RADIO SITE
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https :// www . youtube . com /@ theradioghost2555 / videos ^
| n/a | n/a
Radio site DICK POWELL, as RICHARD DIAMOND, private Dective
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Unindicted Co-Conspirator Hangs Sidney Powell out to Dry in Fulton County Prosecution
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RedState ^
| October 3, 2023 | Jeff Charles
The Georgia election interference case just had an interesting new development, and it’s not looking good for attorney Sidney Powell, one of the defendants facing various charges related to efforts to change the outcome of the 2020 presidential election. One
of her former cohorts has seen fit to throw her under the bus, so to speak. An attorney representing former New York Police Commissioner Bernard Kerik placed most of the blame for the debacle on Powell for making false claims about the election. A lawyer for an alleged co-conspirator in the Georgia 2020 election interference case has said that former...
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Fed’s Hawkish Moves Raise Alarms, Risking Breakdown as Powell Signals Uncertainty Over Soft Landing
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Citizen Watch Report ^
Jerome Powell’s statements paint a picture of a Federal Reserve cautiously navigating treacherous waters. While
the full consequences of their tightening measures are yet to be fully felt, they are signaling an even more hawkish stance by revising their dotplot from 4.6% to 5.1% for 2024. Powell’s words further underscore that a soft landing for the economy isn’t their primary expectation, suggesting an air of uncertainty. What adds to the unease is Powell’s repeated emphasis on the Fed’s commitment to reducing its balance sheet. This move, coupled with their readiness to raise rates further “if appropriate,” is seen by many...
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Judge REJECTS Trump prosecutor Fani Willis' bid to try ALL 18 co-defendants in the Georgia case at the same time - as he sets an October 23 trial date for Sidney Powell
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UK Daily Mail ^
| 9/14/2023 | Emily Goodin
A Georgia judge ruled on Thursday that Donald Trump and 16 others will be tried separately from Sidney Powell and Kenneth Chesebro, who are set to go to trial next month in the case on an alleged scheme to overturn the 2020 election results in that state. Powell
and Chesebro had filed demands for a speedy trial, and Fulton County Superior Court Judge Scott McAfee had set their trial to begin Oct. 23. The former president and the other defendants asked to be tried separately from the two, with some arguing they would not be ready in time for an...
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Danger Jay Powell! US Median Home Prices Crashed -7.4% In Q2, Worst Decline Since Recessions Of 1970 And 2008 (Higher Mortgage Rates + Tighter Mortgage Credit Box = Heartaches On Heartaches!)
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Confounded Interest ^
| 09/12/2023 | Anthony B. Sanders
Danger Will Robinson! Danger! Median sales price of homes in the US sank by -7.4% in Q2 2023. This
is particulary dangerous since it was the worst correction in home prices since two rather nasty recessions of 1970 and 2008 (The Great Recession and financial crisis). This correction occured as M2 Money growth (green line) went negative. With Fed rate hikes, debt to income ratios are the highest in history. Mortgage rates are above 7% under Biden and Powell (not Baden-Powell, the founder of the Boy Scouts). But not only are mortgage rates above 7%, but the mortgage credit box...
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Sidney Powell pleads not guilty in Georgia election interference case
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The Hill ^
| 08/29/2023 | ELLA LEE
Sidney Powell, a one-time attorney for former President Trump’s 2020 campaign who helped promulgate false claims of election fraud, has pleaded not guilty in the Georgia election interference case. Powell
and 18 others including Trump are accused of joining a criminal conspiracy to keep Trump in power after he lost the 2020 presidential race by overturning the state’s election results. She faces seven charges, among them violating Georgia’s Racketeer Influenced and Corrupt Organizations (RICO) Act — a charge designed to target organized crime of which all the defendants are accused. The Trump lawyer’s other charges stem from a Coffee County...
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Federal Reserve to Keep Hiking Interest Rates as US Economy Not Cooling — Chairman Powell
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Infowars / Sputnik ^
| Aug 26 | Sputnik
WASHINGTON (Sputnik) – The Federal Reserve will keep raising interest rates as long as it is needed to bring inflation back to its long-term target of 2% per year given that the US economy is not cooling as was initially thought, Chairman Jerome Powell said on Friday. “It is the Fed’s job
to bring inflation down to our 2% goal, and we will do so,” Powell stressed, opening the US central bank’s annual symposium in Jackson Hole, Wyoming. Inflation hit four-decade highs of more than 9% per year in June 2022 due to trillions of dollars of federal relief spending...
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Powell: U.S. Federal Reserve is "prepared to raise rates further" as inflation is still too high
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Rumble ^
Federal Reserve Chair Jerome Powell signaled the US central bank is prepared to raise interest rates further if needed and keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target
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