Trump calls Fed ‘too cute’ in third straight day of criticism

Discussion in 'Current Events' started by Think for myself, Oct 11, 2018.

  1. drluggit

    drluggit Well-Known Member

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    umm... Cramer is one of the most successful traders ever. Has a show on CNBC. Surprised you don't know who that is, especially since you thought you'd lecture us on your economic insight... And thanks for demonstrating that not only do you not know about the economy, but you're too lazy to learn about it.
     
  2. Think for myself

    Think for myself Well-Known Member Past Donor

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    Lame insults spawned in the bowels of Trumpdom duly noted.
     
    Last edited: Oct 11, 2018
  3. Josephwalker

    Josephwalker Banned

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    They openly admit they are trying to slow economic growth.
     
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  4. Bearack

    Bearack Well-Known Member

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    But yet is independent of the government to "isolate" the Fed from day-to-day political pressures. However, the fed can also control the effect of the economy so in turn, can apply their own political pressure using interest rates to influence the economy. The stock market is reciprocating the Fed's posturing.
     
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  5. ButterBalls

    ButterBalls Well-Known Member

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    I agree they have far to much power!
     
  6. ButterBalls

    ButterBalls Well-Known Member

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    I cant help smiling at your stage name and posts and the meaning of the word oxymoron..
     
  7. Max Rockatansky

    Max Rockatansky Well-Known Member Past Donor

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    Trump excels as much at bitching, whining and blaming others as he does in taking credit for the work of others. If a person takes everything he says as a lie, then they'd be correct most of the time.
     
  8. PARTIZAN1

    PARTIZAN1 Well-Known Member

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    This is just another example of Trumpeizdian MUS and attack and try to blame others for his own failures. The market got giddy at the announcement of the Trumpeidian tax break and we all know that the economy has been slowly expanding. The stock market moved higher at a pace that caused certain stock segments to be over valued.

    The Fed is trying to nip inflation in the bud so it had to increase interest rates. The tax cut had more of a psychological affect on the stock market price rise and what happened yesterday was a correction.

    You are correct that apparently the Trumpocity knows not what the function of the Fed is.
     
    Last edited: Oct 11, 2018
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  9. Sage3030

    Sage3030 Well-Known Member

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    This is just rambling nonsense.
     
  10. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Savings accounts are a sure-fire way to lose money to inflation.

    You may want to rethink this. Bonds are taking a beating right now, because increasing interest rates are pushing down bond NAV (unless you but treasuries, that is, and hold to maturity). At the moment, there is no safe haven.
     
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  11. Josephwalker

    Josephwalker Banned

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    The perception of many is the following. It may not be right but perception moves markets.

    "AT MORE THAN 3.1 percent, 10-year Treasury yields have reached their highest level since 2011. Meanwhile, the Standard & Poor's 500 index has returned less than 1.6 percent year-to-date.

    With numbers like these, investors have to wonder what anyone is doing in the stock market. Why take all that investment risk for 1.6 percent when you could get an almost risk-free return of more than 3 percent?"
     
  12. Quantum Nerd

    Quantum Nerd Well-Known Member

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    I think anyone would be crazy to buy 10 year treasuries right now with the yield curve being essentially flat. You lock yourself in with 3.1% interest rate. What if inflation picks up to 4% next year? You'll lose money. That's what is called interest rate risk, which every bond investor should be cognizant of. Tread carefully.
     
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  13. Think for myself

    Think for myself Well-Known Member Past Donor

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    This is just irony.
     

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