hmm—can’t imagine why oil prices are so high…? this same guy is now blaming oil companies and demanding they lower prices…?
the insanity/ignorance/arrogance is mind blowing
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Today will likely be the first time the Fed has ever hiked rates by 75 basis while the S&P 500 was in a bear market (data back to 1970).
That's the bad news. The good news is the last time they did 75bps was in November 1994.
Stocks gained 27% a year later.
@EdgeCGroup@CathieDWood Same here, but I like Warren Buffett boring style better than her. Cos Warren has a lot of patiences and chose something he is very confident about the stocks he invested in. He bought low and during the bear market cos he has cash to deploy.
@ScottWapnerCNBC@mj_pacifist It will be 75 bps or more tomorrow. This is serious business. Fed needs to act fast and quick cos we have very high inflation. More we increase fast, more we will get better.
@BillAckman@federalreserve Yes totally agree, 75bps or more is reasonable given this high inflation environment. Hope Fed will listen to you this statement tomorrow. Cross my fingers
@POTUS Why always focus your eyes to billionaire?? We have highest inflation in 40 years, highest gas price since pandemic. Can you solve this first cos many Americans are suffering??