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Keyword: rickrule

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  • ‘They’ll chicken out’: Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’

    06/30/2022 11:03:34 AM PDT · by lasereye · 30 replies
    Yahoo Finance ^ | June 28, 2022 | Jing Pan
    The Fed is raising interest rates aggressively in an attempt to tame raging inflation. But according to legendary investor Rick Rule — former president and CEO of investment fund Sprott U.S. Holdings — things may not go as planned for America’s central bank. “I think they’ll chicken out,” he told Stansberry Research earlier this month. “If we had a period of real interest rates it would certainly cure inflation, but it wouldn't cure inflation until it did amazing damage to various balance sheets.” This isn't the first time Rule has voiced concern about the economy’s ability to handle substantially higher...
  • Santelli's Rant on More Quantitative Easing (calls it counterfeiting)

    08/27/2012 9:42:31 AM PDT · by Lorianne · 2 replies
    CNBC ^ | 27 August 2012 | Rick Santelli
    Video Transcript: other reasons, too, which we'll talk about later. cme group, rick santelli. looking at some long-term effects of qe. indeed, there is another name for qe. and we'll get to that momentarily. one of the great things about the human race is they can assimilate and accommodate. we talked about the swiss psychologist in the 1930s, the 1960s, really doing a lot of work here. what it simply means is that we're very adaptable as humans. i think quantitative easing fits into that. it's something that really doesn't seem like it's the answer for problems, printing more money,...