Trump should chill... Eggs are down, tariffs making money... Let the free market be, like Powell says (more or less)
Strange .... Why Elon Musk's DOGE didn't fire every single person in the Fed Agency? That will safe tons and tons of $$$$$$. Just let President Trump be the Fed Chairman. Then he wouldn't be able to criticize/fire the Fed Chairman anymore. Then President Trump can change the fed rate as and when he likes. He can even make the rate negative. Japan had negative rate. Of course, there will be tons and tons and tons of trading opportunities.
WE SHORT SELLERS ARE BASKING IN GLORY ALREADY - THE MARKET IS MOVING “If you lost money, someone else made it—because they understood something you didn’t.”
I see one guy posting the potential outcome who has a nice account, another accidentally let his $50,000,000 IBKR slip(Probably a tiny hedge fund?).
I wish @jack hershey was still alive, he knew finance, economics and trading like nobody else. One of the few with creds.
Poor Jack - what is to become of his cult followers.. left to roam on et posting bitterness each and every day destroying this forum
If other countries are not buying U.S. debt than the interest rates will rise - the market has the final say over that, only so much the Fed can do. Trumps tariffs resulted in the dumping of some of the U.S. debt. It's ironic that Trump expects the Fed to fix the very problems he is causing, he is always putting blame on others for the fires he starts.
ask yourself to who do we supposedly owe this debt? i say don't pay it - who we writing the check to anyway? i think trump is playing on a different level that the slaves "american tax payers" have no clue of.
He should have been fired for letting inflation hit almost 10% a few years ago. If inflation ever goes above 5%, the entire FOMC committee should by fired automatically. No discretion.