A hub for independent voices and hard truths
Barron’s (via MSN), Released on 4/16/24 “Last year, rebounding supply supported U.S. growth in spending and also employment, alongside a considerable decline in inflation,” Powell said on Tuesday. “The more recent data show solid growth and continued strength in the …
In a surprising leak, a hidden camera reveals a conversation within the Federal Reserve, casting doubts on Jerome Powell’s leadership. Aurel Hizmo, a Principal Economist at the Federal Reserve, is caught discussing Powell’s legacy, suggesting a concerning trend of politicization …
CRB stands for “Commodity Research Bureau,” which is a widely followed index that tracks the prices of various commodities. It includes 19 commodities in its index. Just as Powell gets dovish, the CRB index is within 1% of its highest …
Following two years of interest rate hikes by the Federal Reserve, and just one day before the central bank’s meeting on Wednesday, Senators Elizabeth Warren and Sheldon Whitehouse, both climate alarmist Democrats, wrote a letter to Fed Chair Jerome Powell …
Fed Chair Powell is kicking off the Q&A portion of his press conference now. Even as inflation has been reaccelerating, the Fed doesn't seem to concerned. A long pause still seems to be needed right now. Follow us @KobeissiLetter for …
Federal Reserve Chair Jerome Powell said Thursday he expects to see some banks fail due to their exposure to the commercial real estate sector, which has declined significantly in value following the shift to remote work. Powell said the …
by confoundedinterest17 As Commander Cody sang, “We have too much debt.” “The prices of some things will decline. Others will go up. But we don’t expect to see a decline in the overall price level,” said Federal Reserve Chair Jerome Powell, Nvidia …
Is the regional bank crisis ending or just starting? Recent developments, such as the sharp decline in New York Community Bancorp’s stock from commercial real estate losses, signal potential trouble. With $500 billion in debt maturing this year and falling …
BY DAVID HAGGITH The numbers may be fake, but they have plunged a dagger into the back of the Powell pivot fantasy Photo by Reza Hasannia on Unsplash A scorching-hot jobs report finally woke up a few bond vigilantes today to recognize they …
Trump has said he would fire Federal Reserve Chairman Jerome Powell if elected in 2024. pic.twitter.com/JfE8q2wik3 — Sprinter Press (@SprinterPress) February 2, 2024
BY DAVID HAGGITH Powell drop-kicked the “Fed pivot in March” mantra to the floor today, driving the Dow down more than 300 points (-0.82%), the S&P down 79 points (-1.61%) and the topsy-tech NASDAQ down a major 345 points (-2.23%). …
https://twitter.com/TRUMP4USD/status/1735657299811909701 Save this article headline … This is going to be one of those we look back on and laugh at. pic.twitter.com/qJs5C4TwJD — Wall Street Mav (@WallStreetMav) December 15, 2023 *WILLIAMS: WE AREN’T REALLY TALKING ABOUT RATE CUTS RIGHT NOW …
by DesmondMilesDant Caption: Ofc you shouldn’t cut rate in March unless you are planning to remove BTFP and let many banks fail. Caption: This spreadsheet tells us you should not be thinking about thinking about rate cuts till middle of …
In a surprising move, the Federal Reserve is hinting at multiple rate cuts in 2024, sparking questions about the stability of the financial system. This decision has historical echoes, as every major rate cut since the 1970s has been followed …
by DAVID HAGGITH People right now are wondering what the big upsurge in stocks last week means. Is the market going back into a bull rally? I gave my brief take in one section of my “Deeper Dive” this …
by DAVID HAGGITH I think Fed Chair Jerome Powell is making a mistake about inflation today just like he did at the start of inflation when he repeatedly said it was “transitory.” He is no smarter about inflation now than …
The recent change in Jerome Powell’s approach is indeed noteworthy. Having refrained from criticizing Congress during the extensive $6 trillion COVID spending period, his newfound willingness to do so suggests a shift in tone and approach. 5 years late, Jerome …
Holy fuck, the government went from "you get free shit" to "you not only get free shit, but its upper middle class free shit, but don't worry taxpayers got the tab" https://t.co/4YIFNxqmLl — Darth Powell (@VladTheInflator) October 24, 2023 🚨🚨🚨 …
by confoundedinterest17 I had a wonderful time speaking at the Passive Investors Conference last night. One question I was asked was “Why doesn’t Powell (the current Fed Chair) pull “a Volcker” to cool inflation. She was referring to former Fed …
Lawyer Sidney Powell has agreed to plead guilty to reduced charges in Georgia related to efforts to resolve the 2020 election. Powell was charged with violating the state’s anti-racketeering law alongside Trump and 17 others, and entered the plea one …
by confoundedinterest17 Danger Will Robinson! Danger! Median sales price of homes in the US sank by -7.4% in Q2 2023. This is particulary dangerous since it was the worst correction in home prices since two rather nasty recessions of 1970 and …
by j_stars Chairman Powell of the Fed explains the Fed’s actions in control of monetary policy and the economy: “As is often the case, we are navigating by the stars under cloudy skies. ” In other words, Powell is claiming …
The Giuliani mugshot is out. https://t.co/jozpMmbAnJ pic.twitter.com/XSUL0HWYEN — Intel Doge (@IntelDoge) August 23, 2023 Sidney Powell, pro-Trump "Kraken" lawyer, booked at Fulton County Jail pic.twitter.com/shM4F8049a — BNO News (@BNONews) August 23, 2023 “But I say unto you, love your enemies, …
We're looking for a hard reversal on the daily for Tech this week. And then pull the plug on this final festival of idiots. Let history sort them out. pic.twitter.com/gIM5I7b2qh — Mac10 (@SuburbanDrone) August 23, 2023 Another blowout for Nvidia. …
by confoundedinterest17 It’s NOT always sunny in Philadelphia. Particularly when the Philly Fed non-manufacturing survey screams stagflation (a nauseating combination of economic slowdown and inflation). After a positive surprise in July, Philly Fed’s non-manufacturing survey slumped back into contraction in …
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers …
Why the next 40 years in real estate might not look like the last. 1. From at least the 1970 – 2008, the US ADDED a NET 2.5m/yr people to the working age population (incl immigration), now that number is …
by confoundedinterest17 The Biden Administration is gushing about Q2’s Real GDP report of 2.4% QoQ. Wow, after trillions of dollars of stimulus spending and The Fed going wild with monetary stimulus, all we got was 2.4% growth?? But let’s turn …
by confoundedinterest17 Livin’ la vida Biden! The Biden Administration has got a line on you! Unfortunately that line is choking America’s middle class and low wages workers with inflation and rising interest rates. Auto loan rates are now up to 7.65%, …
