Obama Recession

QEasing is when the Fed is ADDING to it's assets.
QTightening is when the Fed is unloading assets. As you can see, the Fed has not engaged in any QE during the Trump Presidency, but they have been tightening, by reducing their assets.



As for your Fed Interest Rate claim. The Fed has been raising rates all through the Trump Presidency. They recently lowered their "target" but as of today, even that hasn't actually reduced interest rates.

Don't hold your breath.

Notice that in 2008 that GDP actually went well below the ZERO line.



GDP in the first half is +2.55% and the Fed's forecast for the 3rd quarter is currently at +2.3%

https://www.frbatlanta.org/cqer/research/gdpnow.aspx

How does this information impact your prediction of looming recession?

 

A recession may occur soon due to the artificial boom created by the Fed, over the span of a decade. But, the economic growth we did see from the tax cuts was I would say real-ish. Because there were no spending cuts, private investment was crowded out, which is why we see a misallocation of capital. Make no mistake about it though, if we were to cut taxes and spending dramatically, this economy would boom like never before, and new wealth would be generated, unlike anytime in our history. This would benefit everyone, not just the 'greedy 1% rich'. There is one thing about this great country, that is so special. That we are the greatest wealth creators in the world. We are specialists in wealth creation. That is why if we free up this economy, we will be in very, very good shape.

 

No because it will not be Trump's fault.

More than likely it will be the Federal Reserve's fault or the obstructionism from Democrats.

 

Perhaps a study of economics and the way time flows would help you. I completely understand why you want to deflect blame from your great Orange Godhead before the fan gets coated but, this one is just pathetic.

 

It kinda will be sorta, but not entirely. He wants the Fed, to lower interest rates even more, and even said we should do quantitative easing. Prior to his election victory, he rightfully said the economy was in a bubble due to Federal reserve's monetary policy. As soon as he became president, he essentially championed their previous monetary policy, but wants them to go even further. He is now championing the bubble.

 

3 years into a term, is kind of hard to blame "The Other Guy" like Democrats did regarding Bush and the Market Meltdown Obama faced.

 

Trump seems to be playing a game of timing and expecting to ride everything out until he leaves...it is very unlikely to work.

 

Hahaha...of course

 

Those previous monetary policies during the Obama administration were the Feds propping up Obama's economy by keeping interest rates artificially low and printing trillions of dollars with nothing backing up all of those greenbacks.

The problem President Trump is, Trump isn't a minority or an affirmative action President and no special treatment by the Federal Reserve.

Holy crap !!! Have you been following the gold prices ?

I'm seriously thinking of cashing in my Krugerrands

Or I could wait and if the trade war with the Chi-Coms continues we might see $1,600 per ounce..

 

The economy was Obama's until a year into Trump's presidency. Now, it is all Trump's. Obama took us from 750,000 - 800,000 job losses per month to an unprecedented 100+ months of stead job growth, ratcheting unemployment down from 9.7% to 4.7% in eight years. By any measure, that is exceptional performance.

 

Of course it is, and the American people know that.

 

Federal Reserve Bank's 'myth of political neutrality' now is dead and gone

With remarkably little fanfare, an enduring progressive political fairy tale has been debunked by an insider.

 

You are right, Zorro, that Trump seems to be trying and failing to politicize the Fed.

 

Trump fired up the economy? Every economic metric he's taken credit for was already on its positive trend for years.

 

We know who to blame if there is a recession, and it isn't Obama.

Supposedly, Trump is an expert on business matters.

He is a disaster in business matters as President.

Since Trump started his trade war with China, the Dow has actually lost ground.

On Jan. 29, 2018, the Dow hit its 2018 high of 26,439. Today, the stock market rallied (hooray!). The Dow soared 326 points to reach 26,362.

That is 77 points shy of where we were on Jan. 29, 2018.

Today's rally followed yesterday's rally of 258 points. We are still short of where we were in Jan. 2018 because of Trump's trade war with China.

If business and the economy are Trump's strong suits, and he is making a mess in those areas, perhaps it is Trump who has no idea what he is doing.

Part of the problem is, he scatters diabolical ideas like buckshot nearly everyday. Yesterday, he made a jerk of himself by attacking the mayor of San Juan and other political leaders while a hurricane was bearing down on them. Today, he says he wants to deny Ukraine of $250M in military aid as it fights off Russian aggression.

The jerk even attacks children. This is surreal. Children born abroad to United States service members and other federal employees will no longer be granted automatic citizenship under a Trump administration policy.

Trump enjoys making himself look like an idiot. It's worth headlines. Problem is, no one believes him anymore. One thing I have noticed about Trump's supporters. I am sometimes critical of Trump. His supporters never use what Trump has said or tweeted to defend Trump.