Former Dallas Fed President Richard Fisher reacts to April’s CPI report

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  • เผยแพร่เมื่อ 14 พ.ค. 2024
  • Former Dallas Fed President Richard Fisher joins ‘Squawk Box’ to discuss April's CPI data, his expectations from the Fed, and more.

ความคิดเห็น • 70

  • @benjaming.2218
    @benjaming.2218 13 วันที่ผ่านมา +16

    “70% of market is driven by algo’s”…finally an honest response to the daily stupid questions by the anchors about daily meaningless price action! I like this guy!

  • @basharlawal6783
    @basharlawal6783 13 วันที่ผ่านมา +97

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    • @ahmadsidi8252
      @ahmadsidi8252 13 วันที่ผ่านมา

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      @bellafonz4465 13 วันที่ผ่านมา

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    • @MicheleBurkett
      @MicheleBurkett 13 วันที่ผ่านมา

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    • @bellafonz4465
      @bellafonz4465 13 วันที่ผ่านมา +2

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      @MicheleBurkett 13 วันที่ผ่านมา

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  • @joshuaburns3167
    @joshuaburns3167 13 วันที่ผ่านมา +10

    They rush for deflation but when it's inflation they take their time

  • @krishsharma2556
    @krishsharma2556 13 วันที่ผ่านมา +19

    He is the most logical person on CNBC

    • @user-yq7rr9lh9c
      @user-yq7rr9lh9c 13 วันที่ผ่านมา +1

      Logic doesn't make you money in markets ;)

  • @caliboy2498
    @caliboy2498 13 วันที่ผ่านมา +9

    These CPI numbers are highly suspicious. Prices of everything from needle to plane r skyrocketing. In CA hard to get home insurance n auto insurance r up 50% to 80% without any tickets stuff

  • @Nurii07
    @Nurii07 13 วันที่ผ่านมา +2

    Thanks for the update!😊

  • @jakedoe1054
    @jakedoe1054 13 วันที่ผ่านมา +3

    You want less of something tax it (payroll). You want more of something incentivise it (laziness).
    One of my employees doesnt want a raise because she will lose more in government assistance than the raise and new position.

  • @DBS417-cq5di
    @DBS417-cq5di 13 วันที่ผ่านมา +6

    The main issue is housing costs, without it inflation is 2.8% , Europe doesn’t count housing

    • @prolific1518
      @prolific1518 13 วันที่ผ่านมา +5

      Yea ignore the most expensive thing people have to pay for to survive

    • @peterdangelo5882
      @peterdangelo5882 13 วันที่ผ่านมา +2

      @@prolific1518 Correct its a joke. Use the 70s measure, inflation is worse than they are letting on.

    • @ssuwandi3240
      @ssuwandi3240 13 วันที่ผ่านมา

      The Fed has started to run off mortgage backed security sitting in the balance sheet, which means the market supply vs demand will determine the rental rates in conjunction with over or under occupancy.

    • @jakedoe1054
      @jakedoe1054 13 วันที่ผ่านมา

      Yea if we stop counting things that make us look bad we can trick more people into thinking we doing good. If we stop counting all those jobless people our unemployment would be 0%.

    • @pedro72246
      @pedro72246 13 วันที่ผ่านมา +1

      Europeans don't need housing?

  • @Dmindthinker011
    @Dmindthinker011 13 วันที่ผ่านมา +5

    At least he sounds rational

    • @method341
      @method341 13 วันที่ผ่านมา

      too bad the markets don't behave rationally.

    • @niklas4031
      @niklas4031 13 วันที่ผ่านมา

      @@method341 Never did never will if you can just print money and give markets liquidity

  • @meehanasap
    @meehanasap 13 วันที่ผ่านมา +2

    The idea that comentators suggest that Americans should tolerate more inflation, you should be worried.

  • @faizanhaque2070
    @faizanhaque2070 13 วันที่ผ่านมา

    He didn’t answer the last question. I know he heard it “if 2% is the goal, and we aren’t there then why cut?”

  • @BrianDarcy8313
    @BrianDarcy8313 13 วันที่ผ่านมา +1

    think'n we might have an opportunity here to beat up on the Euro a tad bit...

  • @user-yq7rr9lh9c
    @user-yq7rr9lh9c 13 วันที่ผ่านมา +1

    He just said nobody knows what FED policy will be and then he tries to predict the future LOL

  • @harrychu650
    @harrychu650 13 วันที่ผ่านมา

    Please have these "experts" explain to us how higher rates will bring down double-digit inflation for Auto Insurance and Tolls which are largely controlled by crony fiscal policy?
    We must vote accordingly.

  • @jamesklaatu9359
    @jamesklaatu9359 13 วันที่ผ่านมา +5

    Still rising just as fast.............................

    • @harrychu650
      @harrychu650 13 วันที่ผ่านมา +1

      Look what is rising the most. Auto insurance and tolls. How will higher rates change that?

  • @chrisginoc
    @chrisginoc 13 วันที่ผ่านมา

    Higher for longer. It took this long to get to 3.6% on CPI. Sorry to burst anyone’s bubble but it will take another 12-18 months to get and stay under 2%.

    • @inertiaforce7846
      @inertiaforce7846 12 วันที่ผ่านมา

      I suspect the CPI will not go down unless interest rates go higher.

    • @chrisginoc
      @chrisginoc 12 วันที่ผ่านมา

      @@inertiaforce7846 The problem is if you look at the data, the Fed cannot push inflation down with higher rates. It’s a blunt tool. Insurance inflation? Shelter (rent) inflation? Nothing to do with the FED funds rate going higher, but will just cause more pain without fixing the problem. My home insurance doubled from 2023 to 2024 with no claims and I don’t even live close to a fire zone or any danger areas. How will the FED hiking rates help with that?

    • @inertiaforce7846
      @inertiaforce7846 12 วันที่ผ่านมา

      @@chrisginoc My insurance went up a significant amount also with no claims made and no increase to my insurance risk. Remember that inflation is just the general cost of goods and services, it's not specific to one type of good or service like insurance. It's taking an average of all goods and services supposedly. If interest rates go higher, it makes cash savings become more valuable compared to other forms of investment, and it raises the payments on existing debt and new debt. When payments go up for debtors, they don't have as much money to spend. When cash savings produces a higher return, there's less reason to take risks with investing since cash savings can beat inflation. The above reasons slow spending and therefore slow price increases. This is the theory at least.

  • @dht084
    @dht084 13 วันที่ผ่านมา +4

    You need to talk to an actual consumer who works, skippy.

    • @jeremy6528
      @jeremy6528 13 วันที่ผ่านมา +1

      We do. You spend. That’s why prices are pretty stagnant. 🤷🏾

  • @Relaxlifeisshort2
    @Relaxlifeisshort2 13 วันที่ผ่านมา

    Funny if it was higher you would be freakimg out 😊

  • @PublicEn3my1
    @PublicEn3my1 13 วันที่ผ่านมา

    Lmao they said we would get 3 rate cuts this year well folks half the year is just about over and not even 1 yet

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 13 วันที่ผ่านมา +1

    Slime

  • @headspaceandtiming2114
    @headspaceandtiming2114 13 วันที่ผ่านมา +3

    Inflation. If it’s going up, it’s not going down. When he made a rate cut prediction, he lost all credibility.

  • @prolific1518
    @prolific1518 13 วันที่ผ่านมา +5

    Absolutely nothing good about the last 2 days inflation data. Market keeps pricing in cuts that wont happen and the plunge protection team will not allow any selloff to take hold.

    • @jeremy6528
      @jeremy6528 13 วันที่ผ่านมา +3

      Ok Trump supporter

    • @kevinali3700
      @kevinali3700 13 วันที่ผ่านมา

      Agreed

  • @Nikodemis
    @Nikodemis 13 วันที่ผ่านมา +2

    Inflation will "hold steady" until November

  • @podangadubukus
    @podangadubukus 13 วันที่ผ่านมา

    Why do you come on TV , if you dint have an opinion

  • @2023gainer
    @2023gainer 13 วันที่ผ่านมา +1

    The EV sector springing forward in May. FSRN... Fisker. Added 3 new Dealerships...IDEX.. Ideanomics... Rivian...Nio...Xos Trucks.. Archer Evtol Jets and more. Filling the Dips.?

  • @123ravi94
    @123ravi94 13 วันที่ผ่านมา

    Markets will fall

  • @123ravi94
    @123ravi94 13 วันที่ผ่านมา

    Markets will fall again

  • @marcus7037
    @marcus7037 13 วันที่ผ่านมา +2

    Fake numbers.. again.

  • @PeterParker-gt3xl
    @PeterParker-gt3xl 12 วันที่ผ่านมา

    The admin will try to window dress the economy b 4 the election; the almost surest strategy is inside knowledge; politicians try hard to protect this privilege.

  • @jaygold4467
    @jaygold4467 13 วันที่ผ่านมา +1

    2% inflation target is completely ridiculous. 3-4% inflation is the new normal for a healthy economy. Get over it.

    • @krishsharma2556
      @krishsharma2556 13 วันที่ผ่านมา +2

      lol not when the US Dollar is the worlds reserve currency… the more stable it is the more desirable it is…

    • @benjaming.2218
      @benjaming.2218 13 วันที่ผ่านมา

      3-4 is too high for a healthy economy. 2% is a better target.🎯 High interest rates will eventually slow the economy and reduce inflation. There is a lagging effect, which you’ll see go into effect next year.

  • @user-cd3ef7nu6i
    @user-cd3ef7nu6i 13 วันที่ผ่านมา

    I'm favoured financially, Thank you. $32,000 weekly profit regardless of how bad it gets on the economy

  • @Mike-us1wr
    @Mike-us1wr 13 วันที่ผ่านมา

    2% is the target when economy grows within similar range. If economy will grow faster in the coming decades, the target of inflations has to be adjusted accordingly.

  • @dontdoitbro5495
    @dontdoitbro5495 13 วันที่ผ่านมา

    This guy is not an insider or he is told to stay hawkish. Makes no sense what he is saying

  • @HermannTheGreat
    @HermannTheGreat 13 วันที่ผ่านมา

    Go back to bed grandpa

  • @softy-bf5eg
    @softy-bf5eg 13 วันที่ผ่านมา +258

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

    • @TitaAnderson
      @TitaAnderson 13 วันที่ผ่านมา

      the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

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      @marlisamirabal 13 วันที่ผ่านมา

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      @Fredia-fy2xt 13 วันที่ผ่านมา

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      @marlisamirabal 13 วันที่ผ่านมา

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      @Fredia-fy2xt 13 วันที่ผ่านมา

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