Rate cuts should not happen right now as we need much more downfall, coz if it falls very bad then and then only there will be upward trend and will feel the boom again...
Powell says he will base his decision on data. 30% adjustment to jobs report. What data? Real inflation still high - my food costs still real high. No one is going to loan government monies at lower rates.
it depends, if you see a continued loss and downtown in stocks, then the fed has to intervene. But if stocks stabilize and the fed does a suprise cut, then it would cause another crash
Agree. Powell should raise rates, real inflation is way higher than fudged 3% CPI, financial assets way overvalued. But the Fed will stand pat until after the election, that is the safe politically acceptable move. I'm sure Powell already had a canned speech of mumbo-jumbo to give in September. Doing nothing does no harm except to freak out Wall Street pirates.
All I’ve heard from him for a year is the fed needs to cut and it would be a mistake to stay higher for longer. Now he doesn’t want a cut? I’m sorry but can someone fill the gap.
@@KrisToCool there’s a big difference between lowering rates on a scheduled path versus going panic mode and suddenly lowering them. It will give investors a terrible sense of authority that if they sell enough the gov will continue to lower at their whim
He is saying interest should have been gradually weaning slowly as suddenly dropping the interest rate will accelerate the panic as it indicates weakness.
@@manonamission2000 So what’s your “mission” since 2000 ?? To be Stupid !!!! What did your comment ADD to the conversation or to the general knowledge in this universe ???!!!!
I’m sorry the moneylenders at the temple aren’t getting richer but what Jesus cared about was the children. The Republican National Party has abandoned its National pro-life stance. We need to win but not on the bodies of the unborn.
I'm sorry but this guy gets too much attention, his comments are erelavent. The market will do it thing whatever happens, better for the fed to keep its power dry for real problems.
@@alwaysrelyonchrist He has already come !!! Did you miss him ? Go back read the History books. But he can’t FIX the Economy !!! ONLY Mohammed can Fix the Economy, cause he is an Economist.
Rate cuts should not happen right now as we need much more downfall, coz if it falls very bad then and then only there will be upward trend and will feel the boom again...
The FED isn’t gonna cut because the market dropped 12%
Its was overpriced by 25% to begin with.
Like how he can explain everything logically in sequence.
Powell says he will base his decision on data. 30% adjustment to jobs report. What data? Real inflation still high - my food costs still real high. No one is going to loan government monies at lower rates.
it depends, if you see a continued loss and downtown in stocks, then the fed has to intervene. But if stocks stabilize and the fed does a suprise cut, then it would cause another crash
No one better than Mohammed.
for what?
Agree. Powell should raise rates, real inflation is way higher than fudged 3% CPI, financial assets way overvalued. But the Fed will stand pat until after the election, that is the safe politically acceptable move. I'm sure Powell already had a canned speech of mumbo-jumbo to give in September. Doing nothing does no harm except to freak out Wall Street pirates.
Debts, debts, and astronomical amount of debts. Margin calls!
Welcome fellow bagholders! 😊 Who woulda tougth buying all time highs couldn't backfire anytime soon🎉
✅
All I’ve heard from him for a year is the fed needs to cut and it would be a mistake to stay higher for longer. Now he doesn’t want a cut? I’m sorry but can someone fill the gap.
@@KrisToCool there’s a big difference between lowering rates on a scheduled path versus going panic mode and suddenly lowering them. It will give investors a terrible sense of authority that if they sell enough the gov will continue to lower at their whim
He is saying interest should have been gradually weaning slowly as suddenly dropping the interest rate will accelerate the panic as it indicates weakness.
The Wiseman lives by his means but not if the crooked men raise and price gouge every food on earth
So I finally heard what Dimond Italians and Latinos been saying you lower rates we pulling cash out of banks. I DARE YOU
Who cares about cash balances in banks? I need oil @ 160 $\BBL and market pumping!
He was originally telling them they should have cut earlier
Now he is saying it would be a mistake.
I think i will stop trusting his comments
I haven’t learned El Erian said something meaningful except common sense.
????? What language are you using ????? Makes absolutely no sense. Please READ your post.
El-Erian can't make up his mind.
Emergency rate cut is needed. It is a must.
He’s Mexican 🤔
Nope , he ain’t Mexican. Go Google him and you will be surprised.
Erian is not his nickname😂
@@manonamission2000
So what’s your “mission” since 2000 ?? To be Stupid !!!!
What did your comment ADD to the conversation or to the general knowledge in this universe ???!!!!
A mexican named mohamed? That would be a odd one
@@manonamission2000 so you went CRYING 😭 to TH-cam so they removed the comment !!!! LOL 😂 🤣🤣
the dooms man. he shows up when things are bad and says "stuff"
Mr. Doom and gloom
I’m sorry the moneylenders at the temple aren’t getting richer but what Jesus cared about was the children. The Republican National Party has abandoned its National pro-life stance. We need to win but not on the bodies of the unborn.
I'm sorry but this guy gets too much attention, his comments are erelavent. The market will do it thing whatever happens, better for the fed to keep its power dry for real problems.
I accept your apology
KkKamalas economy. Prepare for worse
Yo Mohammed.. Jesus is coming
@@alwaysrelyonchrist
He has already come !!! Did you miss him ? Go back read the History books.
But he can’t FIX the Economy !!!
ONLY Mohammed can Fix the Economy, cause he is an Economist.