Lol its kinda why they said "you've been right this whole time" because he hasn't really taken a side and leaned more on the "wait and see", which compared to this delusional market - means he's been right
Thats what I don't get... from what I can tell - the data wasn't bad, but it wasn't "good" either. So people predicting cuts in September - wouldn't inflation just go right back up from where its at now? Wouldn't that simply put us even further from where the fed wants us to eventually be? I don't get the logic...unless we were sub 3% and quickly going down towards the 2% goal, I don't see why they would be in any rush.
@@valetudo1569 Agreed, I think cuts will spark spending, especially from the Biden Administration(I think they are itching to have more programs) and that drives inflation. And yes, I don't see a "trend" downward. We have had 16 years of free money, might be time to pay the bill.
Listen to me and please tell me if anything I write is incorrect. If you are data dependent, that would mean that you are looking for a sign in the data that you need to cut to pull the trigger. When that data does come, that means you should have pulled the trigger 3 months before. There is a 3 month lag. This is well documented and proven. So you should cut 3 months before you think something will break. That time is NOW in June.
calling the market optimistic is the most charitable way to say it... they've been down right delusional. I remember last Summer when so many people were saying 5 rate cuts by the end of 2023... almost a year later and with a bit is "ok" data - they are back at it
Joe again taking his shot at Biden with his 'election year' question. I used to like that CNBC gave him a platform for his right wing views, but now I'm done. The conviction of Felon Donald Trump is clearly getting to him. Going forward, if I see Joe, it's mute button time, skip video, or channel change. Time to move on from him guys. He can't help himself.
Much of the EV sector showing Green weekly and monthly gains to end May. Frey .. FSRN.. Fisker with more expense cuts... rising 4 % early Fri... Polestar charging Up Fri... Rivian moving towards green close .. Archer Evtol Jets...Nio and more.
3% is the New normal
inflation is 3.7
Amazing analogy - 50/50 chance!
Lol its kinda why they said "you've been right this whole time" because he hasn't really taken a side and leaned more on the "wait and see", which compared to this delusional market - means he's been right
It not worse? It’s not going up as fast. We need higher for longer or a hike. Cuts will do nothing for the average American.
do you really think the fed actually makes decisions with the average American's best interest in mind?
Thats what I don't get... from what I can tell - the data wasn't bad, but it wasn't "good" either. So people predicting cuts in September - wouldn't inflation just go right back up from where its at now? Wouldn't that simply put us even further from where the fed wants us to eventually be? I don't get the logic...unless we were sub 3% and quickly going down towards the 2% goal, I don't see why they would be in any rush.
@@valetudo1569 Agreed, I think cuts will spark spending, especially from the Biden Administration(I think they are itching to have more programs) and that drives inflation. And yes, I don't see a "trend" downward. We have had 16 years of free money, might be time to pay the bill.
They salivate over the thought of cheap money.
Seriously... I see people jumping all over "rate cuts in September!" just because we got some ok data
They still need to hike rates!
They are going to "pivot"
why do they need to cut? the markets are overheating
What's the difference between gravity and magnetism?
Magnetism is a force of attraction, gravity is warped space time.
Listen to me and please tell me if anything I write is incorrect. If you are data dependent, that would mean that you are looking for a sign in the data that you need to cut to pull the trigger. When that data does come, that means you should have pulled the trigger 3 months before. There is a 3 month lag. This is well documented and proven. So you should cut 3 months before you think something will break. That time is NOW in June.
My bull run picks: LINK, UNI, and SOL. Best presale? Hands down, Revux.
calling the market optimistic is the most charitable way to say it... they've been down right delusional. I remember last Summer when so many people were saying 5 rate cuts by the end of 2023... almost a year later and with a bit is "ok" data - they are back at it
Cut cut cut cut
This round they are going to "pivot".
Joe again taking his shot at Biden with his 'election year' question. I used to like that CNBC gave him a platform for his right wing views, but now I'm done. The conviction of Felon Donald Trump is clearly getting to him. Going forward, if I see Joe, it's mute button time, skip video, or channel change. Time to move on from him guys. He can't help himself.
This is unintelligible.
@@VincentMark-et5vu I didn't expect you to understand. maybe ask mommy to take you to the zoo - that's more your speed
50/50 chance. HAHAHAHA!!! In other words, just flip a coin.
Much of the EV sector showing Green weekly and monthly gains to end May. Frey .. FSRN.. Fisker with more expense cuts... rising 4 % early Fri... Polestar charging Up Fri... Rivian moving towards green close .. Archer Evtol Jets...Nio and more.
Hearing so much about Revux in my crypto groups. Definitely on the rise!
Who else thinks Revux will outperform XRP soon?
Consolidating my portfolio to focus on BTC and Revux, maybe a touch of LTC.
Consolidating my portfolio to focus on BTC and Revux, maybe a touch of LTC.
Consolidating my portfolio to focus on BTC and Revux, maybe a touch of LTC.