....an informed perspective on the U.S. economy - Chrmn Powell...

[Dekster]

Well, interest rates don't seem like they’re going any higher, so the fact that the economy is doing fine now when the interest rates are high seems to imply it’s all upside as interest rates come down.

Seems is an operative word. The economy seemed a lot better on January 1, 2008 than it was on December 31, 2008 too. Anyway, time will tell. Hope for the best but plan for the worst and all that jazz.

 

[John Edgar Slow Horses]

High interest does that. The magic question is how is the economy not going to experience a hard-landing?

Show us that it is. You can't.

 

[Dekster]

Show us that it is. You can't.

Show us that it isn't. You can't.

 

[Marener]

Seems is an operative word. The economy seemed a lot better on January 1, 2008 than it was on December 31, 2008 too. Anyway, time will tell. Hope for the best but plan for the worst and all that jazz.

Disasters can occur, but rarely. Some people are always predicting disasters. It doesn’t mean much.

 

[Dekster]

Disasters can occur, but rarely. Some people are always predicting disasters. It doesn’t mean much.

Some people are always predicting sunny weather. It doesn't mean much. 2008 wasn't a disaster. It was mismanagement of the economy by the federal reserve.

 

[Marener]

Some people are always predicting sunny weather. It doesn't mean much. 2008 wasn't a disaster. It was mismanagement of the economy by the federal reserve.

They’re right more often than the people predicting disaster.

 

[Fort Fun Indiana]

I guess that's why the market is down 164 so far today.

Now tell us what the market has done in the last year.

 

[Dekster]

They’re right more often than the people predicting disaster.

And they get soaked the worst when they are wrong.

 

[Marener]

And they get soaked the worst when they are wrong.

Only a temporary setback. The market always comes back stronger than ever.

They'll be far richer than the naysayers who are too afraid to ever be in the market.

 

[22lcidw]

It’s below 3.5% and so yes that certainly is way down. Those are year over year figures so it already manifested over the last year.

Not sure why you think it takes 18 months to 2 years other than maybe you are still hoping for a recession.

And yes, they should be priming for more quantitative easing in the future because there will be another recession and we will want to have the ability to use monetary policy to fight it. That is precisely what they should be doing.

The Federal Reserve is a tool of the globalists. Powell one of their employees. Anytime they want, they can put the planet into the worst depression in human history. That is how powerful they are. The accumulation of pure wealth over centuries has made this so.

 

[Fort Fun Indiana]

The Federal Reserve is a tool of the globalists. Powell one of their employees. Anytime they want, they can put the planet into the worst depression in human history. That is how powerful they are. The accumulation of pure wealth over centuries has made this so.

This post is insane. And funny.

 

[22lcidw]

This post is insane. And funny.

I expect that. Otherwise, they wouldn't have gotten away with it.

 

[Fort Fun Indiana]

I expect that. Otherwise, they wouldn't have gotten away with it.

There wasn't anything to get away with. The fed followed good principles and once again was the proven steward of the most stable economy in the history of the planet.

 

[John Edgar Slow Horses]

And they get soaked the worst when they are wrong.

If your type ran the fed, we would be in a forever Depression.

 

[Catsnmeters]

The same people who believe him also believe the FDA Commissioner, Director of the CDC, The Director of NIAID, and for that matter they also believe the 50 lying sacks who signed that ridiculous letter claiming the Hunter laptop story was Russian disinformation.

If you are going to try to deflect the thread topic at least try to be accurate.

Your statement is false. You were duped.

 

[JohnDB]

 

[Marener]

It’s everyone’s portfolio hitting an all time high? The market is at an all time high.

 

[JohnDB]

It’s everyone’s portfolio hitting an all time high? The market is at an all time high.

The "all time high" is coming from everyone "hunkering down" in the large cap 7. The other stocks are trending down as the Russell 2k shows.

 

[BackAgain]

Chilliconfused says Powell offered an “informed perspective” only because he happens to believe whatever Powell says.

Chilliconcrappe doesn’t seem to recognize that he is a joke and has no cred here. And he’s a stooge who still tries to hide behind his avatar as if it was an image doing the talking.

By the way, my wife likes 60 Minutes, so I saw the interview. Powell comes across very well. Very well indeed. But that doesn’t make him right.

We shall see.

To whatever extent Powell is right, however, the “salvation” of our economy is obviously far more due to the Fed than to anything President Potato has done.

 

[Marener]

The "all time high" is coming from everyone "hunkering down" in the large cap 7. The other stocks are trending down as the Russell 2k shows.

That has nothing to do with the point you were trying to make.