Powell Says Fed Doesn’t Need to Rush Interest-Rate Cuts 

Real joke is the financial news that pretend FED track record is creditable. When a news CEO allows that kind of bias, how can readers take that news source seriously?

It has become a pump and dump scheme

Rate hiking speculation was no different

@@JonnyZuccs there was no speculation there. It was necessary and late.

@@prolific1518 There was speculation firstly that inflation was transitory, then that they wouldnt need to rate hikes, then that they wont need to hike that high, and NOW its that they can start cutting. all speculation that has been wrong by the public

The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.

If the unemployment rate is able to remain steady while the Fed hikes and inflation falls back to target, a soft landing might be on the table

Don’t expect a soft landing. We know inflation still far from its 2% destination - the FOMC didn’t raise rates now, we can never fortell their moves these days

I agree It’s always good to hve a balanced fin-plan. I wrk with a pro planner multi mrkt and fixed-incme strategist in NY. the fixed income portion of yr prtfolio won’t simply serve as a buffer to the volatility of the equity prtion of yr prtfolio, but will provide legitimate income.

Who are you working with please?

they wont be no worry

1. Political pressure from congress as the election looms. 2. Boosting wealth effect, making each individual feel richer on paper gains. Each US Household holds over 40% wealth on equities, close to the pre-crisis record high. Inflation is another story not in focus, the mass keeps ignoring until the problem gets out of control.

The Have Yachts vs Have Nots. FED can't provide creditable Household Inflation data, and evidently serve a different crowd. They are entirely political.

Nailed it, and none of these employed people can buy a house. What good is employment when you still can’t do anything, cost to live a normal life is way higher than wages, so being employed is a lose lose

Agree.

He already said that before this. No cutting rate if no see the 2% inflation.

Politically he has to watch lowering rates before this election.

fo sho

Major gap down incoming

And multiple credit cards

rock and a hard place

I got puts so hoping $520. Will probably be $528 by the end of the day

👌

yep

No rate cut is bearish for gold prices.

What will be the effect on Gold on monday open prices ?

2 percent drop

Pump ends

Some of you are way too stupid for this world lol

There is no bubble, S&P is trading at 29 times earnings which is expensive than historical mean at 22. But if companies justifies their earnings which they will do except companies which are heavily dependent on AI i.e. semiconductor chips as they are way overvalued including microsoft and apple. So, only selected sector I feel should go way down and other sectors will outperform SP500 this year. I see SP500 to be flat or above 4900 for next 3-4 months until Jun - July end. As one sector goes down and other sectors goes up. If you look closely, money rotation has begun with technology underperforming this week and other sectors such as gold, REIT outperforming. But overall SP500 flat +0.12%. This is how it works.

@@stocks_and_ai it's a bubble and you bought the top. Stop coping with paragraphs no one will read.

Some of you are way too stupid for macroeconomics

So you are an expert then?

I wish

No expert, but basic understanding that 9% would absolutely destroy us. Sometimes you kids have to use that little brain. I know it's challenging though@@erichvonmolder9310

You aren't bright are ya

Y’all been saying that for the last 15 years

​​@@northharriscollegey'all FED Minions been living in Denial last 15 years.

What do you think value of 1 ounce of gold would be. If there was no $. How would you price an ounce of gold?

When should we expect to start pricing currency in terms of bitcoin instead of the other way around?

@@MahanFan1 isn't that the same thing?

Recession already started

We are in Recession, they altered the measurement. Inflation, underemployment, ... All distorted.😮

Trump is that you?

@@MahanFan1Libturd, is that you?

Gibberish