Oops, the Fed Rate Cut didnt work as planned, now it seems that we already have been in a recession. Bad news for Joe Biden's replacement.

[Mikeoxenormous]

MSN

The Fed should have cut interest rates a lot sooner, according to Jeff Gundlach.
The "Bond King" thinks the economy is already in recession, as evidenced by rising layoffs.
Job cut announcements climbed 193% over the last month, per a report from Challenger.
The Fed is cutting interest rates too late, as mounting job losses show that the US economy is already in a recession, according to Jeff Gundlach.
The billionaire "bond king" and DoubleLine CEO pointed to the Fed's anticipated rate move on Wednesday, with markets expecting central bankers to lower the federal funds rate by 50 basis points at the conclusion of their policy meeting.

Leave it up to the government to be a day late and a dollar short. Well, in this instance, too many dollars chasing too few goods. When the Federal Reserve(not part of the government) had first announced the larger than expected rate cut .25% was expected .50% was given, the market went up fast. Then when people started actually analyzing why such a large interest rate was given, it was too late, the market started heading south. Bad news for the VP, because it is the Economy Stupid.

 

[JackOfNoTrades]

MSN

Leave it up to the government to be a day late and a dollar short. Well, in this instance, too many dollars chasing too few goods. When the Federal Reserve(not part of the government) had first announced the larger than expected rate cut .25% was expected .50% was given, the market went up fast. Then when people started actually analyzing why such a large interest rate was given, it was too late, the market started heading south. Bad news for the VP, because it is the Economy Stupid.

LOL. You were expecting it to have an instantaneous effect?

 

[DakotaKai_fan20]

I wouldn't be surprised that we will have a depression as bad or worse than the Great Depression.

 

[Rambunctious]

LOL. You were expecting it to have an instantaneous effect?

Just the size of the cut says that the feds fear a recession...
People with huge portfolios are going to pull out of the stock market and buy gold and silver.... not Good dems not good at all... you can only print and spend money for so long... yesterday we heard just the interest on our debt. is a trillion dollars a year... think about that... a trillion dollar payment and it doesn't pay down the principle one dollar....

 

[Rambunctious]

I said when the dems see they have no chance of winning they will push for a recession or worse a world war to hamper Trump's administration.... shows you how little they care about you....

 

[Crepitus]

MSN

Leave it up to the government to be a day late and a dollar short. Well, in this instance, too many dollars chasing too few goods. When the Federal Reserve(not part of the government) had first announced the larger than expected rate cut .25% was expected .50% was given, the market went up fast. Then when people started actually analyzing why such a large interest rate was given, it was too late, the market started heading south. Bad news for the VP, because it is the Economy Stupid.

Dude, you ain't even gonna give it a couple of hours to work?

 

[Dont Taz Me Bro]

now it seems that we already have been in a recession​

Define a recession

 

[Mikeoxenormous]

Define a recession

Do it yourself, you can always look up Andrew Cuomo housing debacle with his low prime mortgage bill, that wrecked the economy.

 

[Harpy Eagle]

MSN

Leave it up to the government to be a day late and a dollar short. Well, in this instance, too many dollars chasing too few goods. When the Federal Reserve(not part of the government) had first announced the larger than expected rate cut .25% was expected .50% was given, the market went up fast. Then when people started actually analyzing why such a large interest rate was given, it was too late, the market started heading south. Bad news for the VP, because it is the Economy Stupid.

I suspect we are going to have a lot of fun with this thread today...

 

[Harpy Eagle]

People with huge portfolios are going to pull out of the stock market and buy gold and silver....

 

[Rambunctious]

View attachment 1014652

It won't be over night give it some time... your fake news graph isn't dated...

 

[Harpy Eagle]

It won't be over night give it some time... your fake news graph isn't dated...

as of 10 minutes ago

 

[Rambunctious]

as of 10 minutes ago

View attachment 1014742

Keep watching...

 

[Billo_Really]

MSN

Leave it up to the government to be a day late and a dollar short. Well, in this instance, too many dollars chasing too few goods. When the Federal Reserve(not part of the government) had first announced the larger than expected rate cut .25% was expected .50% was given, the market went up fast. Then when people started actually analyzing why such a large interest rate was given, it was too late, the market started heading south. Bad news for the VP, because it is the Economy Stupid.

What are you fucking talking about? We have the strongest economy in the world!

 

[Harpy Eagle]

Keep watching...

I am.

Just checked the wife's TSP, 15% rate of return so far this year!

 

[Harpy Eagle]

Keep watching...

as of 12:18 CST

 

[Mikeoxenormous]

Keep watching...

Some "experts" believe that too many illegals have been allowed to come into the country (Biden/Harris) because that was the plan all along, to replace the US citizens as workers, so the unemployment has ticked up, while wages have been slowly decreasing.

 

[Harpy Eagle]

Some "experts" believe that too many illegals have been allowed to come into the country (Biden/Harris) because that was the plan all along, to replace the US citizens as workers, so the unemployment has ticked up, while wages have been slowly decreasing.

When ever someone says something like "some experts" or "some people" you know they are making it up.

 

[Rambunctious]

When ever someone says something like "some experts" or "some people" you know they are making it up.

Says guy who posts fake news graphs all day long....

 

[Harpy Eagle]

Says guy who posts fake news graphs all day long....

you so cute when you out yourself as a some poor broke dick that does not have a dollar in the market