Yields, Dollar Slide As Trump Calls For QE4

[Stormy Daniels]

View attachment 254307

Not sustainable. When the bubble pops who are you going to blame it on? Certainly not the president.

Been hearing how the market was going to crash since Nov 8, 2016.

It is going to crash, it always crashes eventually. Fucking with the Fed is an excellent way to hasten a "correction" as they call it.

Hell, inappropriately holding interest rates down is a great way to pump the economy full of hot air that leads to an even bigger crash.

 

[Weatherman2020]

View attachment 254307

Not sustainable. When the bubble pops who are you going to blame it on? Certainly not the president.

Been hearing how the market was going to crash since Nov 8, 2016.

It is going to crash, it always crashes eventually. Fucking with the Fed is an excellent way to hasten a "correction" as they call it.

Hell, inappropriately holding interest rates down is a great way to pump the economy full of hot air that leads to an even bigger crash.

Yes, thankfully the Obama error is over and interest rates are being normalized.

 

[AntonToo]

View attachment 254307

Not sustainable. When the bubble pops who are you going to blame it on? Certainly not the president.

Been hearing how the market was going to crash since Nov 8, 2016.

It is going to crash, it always crashes eventually. Fucking with the Fed is an excellent way to hasten a "correction" as they call it.

Hell, inappropriately holding interest rates down is a great way to pump the economy full of hot air that leads to an even bigger crash.

Yes, thankfully the Obama error is over and interest rates are being normalized.

Thankfully???

Trump is blasting his own Fed pick for inching the rates up ever so slightly in what he claims is “most amazing economy ever!”

What do you understand that our dumbass double-talk president doesn’t?

 

[22lcidw]

View attachment 254307

Not sustainable. When the bubble pops who are you going to blame it on? Certainly not the president.

Been hearing how the market was going to crash since Nov 8, 2016.

It is going to crash, it always crashes eventually. Fucking with the Fed is an excellent way to hasten a "correction" as they call it.

Hell, inappropriately holding interest rates down is a great way to pump the economy full of hot air that leads to an even bigger crash.

And it was held down during the Obama years. Trump is right about raising the rates in that it has been done to quickly. However it has to be done. Unfortunately the added prime rate additions makes the interest on the debt larger. Which raises the deficit.

 

[Dragonlady]

We are living above our means. Cut government employees salaries, benefits and pensions by at least one third to start. The same for high paid monopolies. The same for high paid trades unions. The same for high paid private jobs that have funding issues. Stop or reduce the paying for people who have multiple children and multiple abortions and taking from the system. Reduce those pensions by different percentages from highest to lowest for current and future retirees. Reduce longshoremen salaries, benefits and pensions massively. We went from On the Waterfront to Blue Blood. Now we start to get near equality in privileged and non privileged employment. Then we can start spouting about the improvements in other areas and issues like medical for real. You don't lie this. Neither do I!

Your first sentence is correct. You are living above your means. All of the rest of your suggestions are punishing the workers who are basically making the same money they were making in 1978, while management and exectives has seen their wages rise by 270%, and their tax burdens decreased by 3 huge tax cuts over that time frame, while more and more of the costs of social programs are on the backs of working Americans as corporations and the wealthy no longer pay their share, even though the social programs act as a wage subdidy to large highly profitable corporations.

Rescind the tax cuts. Period. Cutting government salaries by 1/3, means cutting working people's salaries. The military. The people who keep things running. And they have a union so you can't cut their salaries. Try to get back to the level playing field you had before Reagan and the Republican Party started transfering wealth to the top. Get the unions BACK to help rebuild the middle class. Put workers' representatives on every Board of Directors of every publically traded company in America.

And break up the mega corporations.

 

[Correll]

'Before any Fed officials get the idea that Friday's stronger-than-expected headline jobs number (which, as we pointed out, actually masked signs of pervasive weakness in employment in wage growth) might justify raising interest rates again in the not-too-distant future, President Trump slammed the central bank during comments to a group of reporters in Washington.

Instead of sticking with its "pause", Trump said the central bank should instead "drop" interest rates, something that markets have already priced in, adding that the central bank has "really slowed" the American economy.

Setting aside the cognitive dissonance between these comments and Trump's repeated claims that the US economy is doing "really, really well" and that companies are preparing to announce that they're "coming back" to the US...

...Trump's comments show that he won't let up the pressure on Jerome Powell after reportedly trying to replace him with Kevin Warsh, and declaring Powell one of the worst hires of his administration.

"I personally think the Fed should drop rates, I think they really slowed us down, there's no inflation, in terms of quantitative tightening, it should really be quantitative easing...you would see a rocket ship. Despite that, we're doing very well."'

Yields, Dollar Slide As Trump Calls For QE4


So...let me get this straight?

Trump says this is the best economy ever? Yet now he is calling for more QE...which the Fed brought out years ago in desperation to shore up the stock market/economy?

So which is it?

You CANNOT have a fantastic economy AND need QE at the same time...makes no sense.

Talking down the dollar? Excellent way of improving exports and discouraging imports.

 

[Weatherman2020]

We are living above our means. Cut government employees salaries, benefits and pensions by at least one third to start. The same for high paid monopolies. The same for high paid trades unions. The same for high paid private jobs that have funding issues. Stop or reduce the paying for people who have multiple children and multiple abortions and taking from the system. Reduce those pensions by different percentages from highest to lowest for current and future retirees. Reduce longshoremen salaries, benefits and pensions massively. We went from On the Waterfront to Blue Blood. Now we start to get near equality in privileged and non privileged employment. Then we can start spouting about the improvements in other areas and issues like medical for real. You don't lie this. Neither do I!

Your first sentence is correct. You are living above your means. All of the rest of your suggestions are punishing the workers who are basically making the same money they were making in 1978, while management and exectives has seen their wages rise by 270%, and their tax burdens decreased by 3 huge tax cuts over that time frame, while more and more of the costs of social programs are on the backs of working Americans as corporations and the wealthy no longer pay their share, even though the social programs act as a wage subdidy to large highly profitable corporations.

Rescind the tax cuts. Period. Cutting government salaries by 1/3, means cutting working people's salaries. The military. The people who keep things running. And they have a union so you can't cut their salaries. Try to get back to the level playing field you had before Reagan and the Republican Party started transfering wealth to the top. Get the unions BACK to help rebuild the middle class. Put workers' representatives on every Board of Directors of every publically traded company in America.

And break up the mega corporations.

Yes, raising taxes as your platform is a sure way to win back the White House.

 

[Lesh]

Yes, raising taxes as your platform is a sure way to win back the White House.

I don't think people are going to be too upset about raising taxes on rich fucks