Roger Ferguson on June jobs report: Not the 'all-clear' number for a Fed rate cut in September
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- เผยแพร่เมื่อ 4 ก.ค. 2024
- Former Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to break down the June jobs report, impact on the Fed's rate path outlook, and more.
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The people that are making money in this market are pros and experts with in-depth knowledge and skill set; you are not doing anything incorrect; you simply lack the necessary skill set to capitalise on a down market.
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One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.
I've always advised the investors I know to exercise caution when it comes to new buys, especially right now. You should thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.
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Someone here said bad news is good news for stocks 😂what do you all think?
The Fed makes a move, and suddenly, it's like the market just gets a shot of adrenaline. People start feeling more confident, investors get excited, and before you know it, stocks are on the rise again. It's like this crazy rollercoaster ride, but when the Fed pulls off a smooth pivot, it's like the coaster hits that sweet spot where you're just soaring. So yeah, keep an eye on those Fed moves-they're like the ultimate market mood setters!
Yeah though investing in the stocks right, AI, tech … even ETF stocks is a living hell because of the economy.
Sometimes, it's not about blaming the government or the economy for sudden changes. Instead, we should ask if we're doing enough to avoid losses, no matter what's happening, even if our paychecks aren't great.
What measures would you consider then to better stock investments? What you should be thinking about is where you’re gonna put the money you have in your bank.
Get cash, get loans and invest wisely and quickly. Ofc i recommend good analysis.
No rate cuts till below 2% so sick of inflation and these prices. Raise rates now economy is freaking fine besides awful inflation
Roger never answers a question.
We're not against trade
We're not against business
But we are against interest
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills
Interesting! But I'm new here. How can I get to this person's guidelines??
SHE IS ON TELEGRAMs
Biden is about to be unemployed so add one more.
haha. right on!
sleepy joe has not worked for the past 4 years
Thank you, Mr. Ferguson. Your appearances on CNBC are the best. You really are the voice of reason and truth!
1.8M part time jobs added, same time 1.6M full time jobs lost. Stop gaslighting!
salim: Why the obvious lie?
US and Global economies surging. 17 million EV sales expected in 2024 over 2023 14 million record sales. FSRNQ.. Fisker. Zapp up over 250 % month. Blink Charging... ChargePoint..Evgo .Plug and more.
Its part time jobs added because people have been laid off. Gas lighting at its best! Numbers are cooked at best! Any logical person sees it! Keep talking talking heads. LMAO
The methodology for compiling these numbers are consistent across admins.. what, good numbers are only good when your guy's in office, but not when Dems are? ... Mental gymnastics and cope is all I hear ..
yeah its crazy they are blatantly lying. the layoffs are skyrocketing and the hiring rate is tanking, and the government is increasing spending.
Greg: you didn't bother to read the report before commenting, did you?
@@williammartin7277 brah.. just saying it doesn't make it so.. u gotta support with data. What's ur src?
What evidence do you have for your perspective?
Fed is already too late.
No cuts, no bail outs.
J Powell is prudent. Just as he refused to hike rates until he was assured confirmation to his 2nd term, he will likewise refuse to cut until President Trump has been sworn in and he is given his assurances for his support of the make America great again movement.
10% to 2.6% isn't convincing.
Bad news is good news for stocks
So much for Bidenomics middle out bottom up 😂 just like he said at the end, this economy is great for the rich, terrible for everyone else... #FJB
It's never clear with all the manipulations. There will be another downward revision for the jobs number.
Please, you attack the Jakob’s numbers, but then knock the revisions which alway happen? You don’t want math, you want politics.
Kevin: What manipulations?
This is before they do another revision where it dipps more into the negative 🤡🤡
this is a bad report unemployment rising. we don't want people losing their jobs we want people to increase supply but with savings not debt and the government to make cuts.
william: Do you know WHY unemployment percentage rose?
Rate hikes needed
Maybe if they fix the supply storage on the shelf’s that you don’t have to go shopping Almost every day of the week and get more flights so least of the get cancelled maybe hire more police so people feel safe to go to work and shopping and raise FDIC ins so people have more places to put cash. We have people hiring in the wrong sectors What is wrong with these people
Try telling the truth sometime....