Fed did what’s needed. Mrkts way too expensive at this late late point in biz cycle..future earnings fcst aren’t there for such valuations. Add to that the level of chaos and instability of US gov’t + shutdown + Sec Matris resignation. Fed needs to get rates up to normal lvl now.
*tariff man
And last 8 year chart shows the jubilant Ferber created by the Fed! Maybe it’s time to try a different policy!
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Former Dallas Fed president: It would be a serious mistake for the Fed to hike ratesKate Moore, BlackRock chief equity strategist, and Richard Fisher, former Dallas Fed President, join 'Halftime Report' discuss the Fed’s rate hike decision today and what effect it could have on the market. The Fed knows their borrowing rate is now neutral: Strong economy, low unemployment and little to no inflation in sight. They don’t want to cause a recession, do they? realDonaldTrump CNN ABC NBCNews MSNBC FoxNews Richard Fisher was very insightful today, on Fed thinking/methodology Fed upping rate is Just an anti-Trump move., Nothing else. Everyone in our government is mobilized.
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »
Trump assails Fed as the 'only problem our economy has'President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell's job as Fed chairman was safe. 'The only problem our economy has is the Fed,' the president tweeted Monday. 'They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can't score because he has no touch — he can't putt!' 25th...period. Thanks realDonaldTrump 100% Trump's fault.
Source: AP - 🏆 728. / 51 Read more »
Here’s how the Fed has driven the stock market since late November, in one chartInvestors and traders always pay close attention to the Federal Reserve, but developments surrounding the central bank have sparked big moves in the stock market eight times since late November, this chart shows. It appears that the Feds should really build the wall FinBrain has defined a new concept in stock prediction, we model the future price movements of the assets, instead of providing Buy/Sell signals, visit our website for more.
Source: MarketWatch - 🏆 3. / 97 Read more »