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Yo_Mama_Been_Loggin

(107,112 posts)
Mon Jun 17, 2019, 08:30 PM Jun 2019

The Fed may break a lot of stock-market investors' hearts this week

The first cut is the deepest.

Clamoring for a rate cut — the first in more than a decade — by the Federal Reserve at some point this year is running hot.

A survey by the Wall Street Journal earlier in the week signaled that nearly 40% of economists (paywall) polled by the publication expect the U.S. central bank to ease monetary policy next month.

The chief economist Joe Davis of Vanguard, the fund provider that manages some $5.4 trillion of wealth, speculated that an “insurance” rate cut by Jerome Powell’s Fed could arrive as early as Wednesday, at the conclusion of the central bank’s two-day policy gathering that kicks off June 18. Federal-funds futures pointed to an 87% chance for a July cut and 26% chance for an easing this month, as of late Friday, CME Group data show.

https://www.msn.com/en-us/money/savingandinvesting/the-fed-may-break-a-lot-of-stock-market-investors-hearts-this-week/ar-AACV8Wz?li=BBnb7Kz

WTF? According to the dotard we have record low unemployment and the stock market is kicking butt.

You don't cut rates under those circumstances.

Is Trump nostalgic for the 1970s and double digit inflation?

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The Fed may break a lot of stock-market investors' hearts this week (Original Post) Yo_Mama_Been_Loggin Jun 2019 OP
It would be so stupid to cut interest rates TheFarseer Jun 2019 #1
it is going to take a crash to wake up some people to the con that is #fatdonnie demtenjeep Jun 2019 #2

TheFarseer

(9,308 posts)
1. It would be so stupid to cut interest rates
Mon Jun 17, 2019, 08:51 PM
Jun 2019

In addition to what you said, what if the economy nose dives and interest rates are already about as low as they can get? I think there’s kind of a conspiracy to keep interest rates low so our national debt is not totally ruinous. And I guess there’s something to be said for that, but only if you are making some attempt to pay it down.

 

demtenjeep

(31,997 posts)
2. it is going to take a crash to wake up some people to the con that is #fatdonnie
Mon Jun 17, 2019, 08:55 PM
Jun 2019

we are all going to be screwed in the end

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