Who’s winning?

[Pete F.]

Originally Posted by Sea Dangles

27000
Posted from my iPhone/Mobile device

Stocks are hitting record highs and layoffs and unemployment are at 50-year lows. Believe it or not, the Federal Reserve is prepared to cut interest rates soon because it’s worried about the economy.

Trump, who demanded the independently run central bank cut rates, is likely getting his wish, because his policies have the Fed concerned.

The central bank thinks White House trade wars with China and other countries hurt farmers, manufacturers and exporters, slowed the U.S. economy and reduced business investment.

With the reduction in business investment, investors still need a place for money and have put it in the market. That's why the Russell 2000 doesn't mirror the Dow. Big caps are safer than small caps. S+P was inside and the Nasdaq was down.

But keep believing the Stable Genius

[Jim in CT]

Originally Posted by Pete F.

Stocks are hitting record highs and layoffs and unemployment are at 50-year lows. Believe it or not, the Federal Reserve is prepared to cut interest rates soon because it’s worried about the economy.

Trump, who demanded the independently run central bank cut rates, is likely getting his wish, because his policies have the Fed concerned.

The central bank thinks White House trade wars with China and other countries hurt farmers, manufacturers and exporters, slowed the U.S. economy and reduced business investment.

With the reduction in business investment, investors still need a place for money and have put it in the market. That's why the Russell 2000 doesn't mirror the Dow. Big caps are safer than small caps. S+P was inside and the Nasdaq was down.

But keep believing the Stable Genius

i’m not believing trump. i’m believing the stock market returns, published unemployment numbers, published gdp numbers. is trump
somehow getting fake numbers published?

You’re the one irrationally believing fanatics - those who simply cannot bring themselves to say anything good. because orange man bad.

i’m responding to actual facts.
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[Jim in CT]

Originally Posted by Pete F.

Stocks are hitting record highs and layoffs and unemployment are at 50-year lows. Believe it or not, the Federal Reserve is prepared to cut interest rates soon because it’s worried about the economy.

Trump, who demanded the independently run central bank cut rates, is likely getting his wish, because his policies have the Fed concerned.

The central bank thinks White House trade wars with China and other countries hurt farmers, manufacturers and exporters, slowed the U.S. economy and reduced business investment.

With the reduction in business investment, investors still need a place for money and have put it in the market. That's why the Russell 2000 doesn't mirror the Dow. Big caps are safer than small caps. S+P was inside and the Nasdaq was down.

But keep believing the Stable Genius

you’re talking about the Phillips Curve, the belief that at some point, low unemployment causes runaway inflation which can be countered by lowering interest rates.

here’s a video, where AOC of all people, gets Fed Chair Powell to say very explicitly, that the link between low unemployment and inflation is much weaker than we had thought. son not sure where you’re getting that the fed is worried about the economy. other than orange man bad, that is...

so who are you believing, exactly, when you say the fed is worried about the health of our economy?


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[Pete F.]

Originally Posted by Jim in CT

i’m not believing trump. i’m believing the stock market returns, published unemployment numbers, published gdp numbers. is trump
somehow getting fake numbers published?
What fake numbers are you talking about? I said "Stocks are hitting record highs and layoffs and unemployment are at 50-year lows." Or do you refer to them as fake unemployment numbers that Trump claimed were phony till he was elected, that henceforth became true?

You’re the one irrationally believing fanatics - those who simply cannot bring themselves to say anything good. because orange man bad.

i’m responding to actual facts. Which of the facts I cited are incorrect?
Posted from my iPhone/Mobile device

Originally Posted by Jim in CT

you’re talking about the Phillips Curve, the belief that at some point, low unemployment causes runaway inflation which can be countered by lowering interest rates.
How does that relate to anything I wrote?

here’s a video, where AOC of all people, gets Fed Chair Powell to say very explicitly, that the link between low unemployment and inflation is much weaker than we had thought. son not sure where you’re getting that the fed is worried about the economy. other than orange man bad, that is...

so who are you believing, exactly, when you say the fed is worried about the health of our economy?
Posted from my iPhone/Mobile device

I think you have some kind of AOC syndrome, you certainly are infatuated with her.

As to who I'm believing, try these guys.

Fed chairman Jerome Powell has pointed to a number of national surveys as evidence business confidence took a hit recently, particularly in May after President Donald Trump threatened to impose tariffs on Mexican imports unless his demands about tougher immigration enforcement were met.

The tariffs were not levied, but “it was a bit of a confidence shock" Powell told the Senate Banking Committee on July 11th.

In Albany, New York Thursday, New York Fed President John Williams, added his voice in support of a rate cut, citing uncertainties around trade and global growth and soft inflation. “The arguments, for adding policy accommodation have strengthened over time.”

Fed Governor Lael Brainard, in a separate appearance in Scranton, Pennsylvania, piled on. “Taking into account the downside risks at a time when inflation is on the soft side would argue for softening the expected path of monetary policy according to basic principles of risk management,” she told a community banking group.

Perhaps you can explain why the Fed might cut rates, instead of just claiming your hero (who you don't really like) is a stable genius?

[Jim in CT]

Originally Posted by Pete F.

I think you have some kind of AOC syndrome, you certainly are infatuated with her.

As to who I'm believing, try these guys.

Fed chairman Jerome Powell has pointed to a number of national surveys as evidence business confidence took a hit recently, particularly in May after President Donald Trump threatened to impose tariffs on Mexican imports unless his demands about tougher immigration enforcement were met.

The tariffs were not levied, but “it was a bit of a confidence shock" Powell told the Senate Banking Committee on July 11th.

In Albany, New York Thursday, New York Fed President John Williams, added his voice in support of a rate cut, citing uncertainties around trade and global growth and soft inflation. “The arguments, for adding policy accommodation have strengthened over time.”

Fed Governor Lael Brainard, in a separate appearance in Scranton, Pennsylvania, piled on. “Taking into account the downside risks at a time when inflation is on the soft side would argue for softening the expected path of monetary policy according to basic principles of risk management,” she told a community banking group.

Perhaps you can explain why the Fed might cut rates, instead of just claiming your hero (who you don't really like) is a stable genius?

pete, you’re trying to suggest that the fed cutting rates, is a sign they’re worried about the economy in a macro sense. i don’t think there’s any evidence of that. you are right that trumps trade fits are hurting some people, and trump deserves criticism for that. but the economy is roaring. healthier than
it’s been in my lifetime. it’s not perfect for all 320 million of us and never will be. but it’s the best it’s been in 50 years. yet you spend most of your time, despite this one post, dismissing that. because you have an agenda to bash him, and nothing else matters.
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[Pete F.]

Perhaps you can explain why the Fed might cut rates, instead of just claiming your hero (who you don't really like) is a stable genius?