'Tis Not the Time to Dick Around, Mr, Jerome Powell. Cut the Damn Rates Now!

Discussion in 'Economics' started by schizo, Jan 25, 2024.

  1. Darc

    Darc

    Semperfrosty hacked Overnights account?
     
    #31     Feb 12, 2024
  2. Overnight

    Overnight

    Nobody hacks my account without me. I could post a video to prove that, but I just yelled at schizo and now I feel terrible. I blame Darc.
     
    #32     Feb 12, 2024
  3. schizo

    schizo

    I hope you remember my posts about Powell not raising the interest rates fast enough to tame the inflation back in 2020. I'm pretty much repeating myself, only in the opposite direction. Powell is, to say the least, too damn timid.
     
    #33     Feb 12, 2024
  4. Overnight

    Overnight

    Remember your posts from 2020? Dude, you post 30 times per day in the B1S2 ES thread. Fuck if I remember anything outside of that. Roflecopter.

    You just keep doing you, freaky flippy-man...It's working for you, from what I can tell. Me? I am waiting for the next drippy dip. *sighs*

    ETA: I cannot leave you with that comment without an appropriate song. You have been putting your shoulder to the wheel. :)

     
    #34     Feb 12, 2024
  5. This is my biggest fear and I do not like fear mongers at all: Stagflation. High Inflation coupled with a crippled economy. All while China is imploding. The perfect mix for disaster.
     
    #35     Feb 13, 2024
    NoahA likes this.
  6. schizo

    schizo

    That's why Powell & Co. needs to cut rates sooner at even pace rather than later in a knee jerk reaction.

    BTW S&P sold off more than 1.3% as I type. This could be just the tip of the iceberg.
     
    #36     Feb 13, 2024
  7. Darc

    Darc

    #37     Feb 13, 2024
  8. I predict even higher rates as the treasury has to lend 10 trillion this year and I doubt there will be enough lenders as hedgefunds have to unsind what they did
     
    #38     Feb 14, 2024