@CraigAbalos@MarketWatch Its been years in the making. Biden admin increased the debt exponentially. Actually Moody should have downgraded the rating 2 years ago when Yellen had to ask congress to print more money to pay off Govt Yields.
@Sandman21585298 @KelvinCold1234 @RealAlexJones With monetary and fiscal policy, I agree, cutting rates now is not the timing. Literally need a harsh reset to consider a schedule of rate cuts to tame inflation and without the tarrifs looming.
@Sandman21585298 @KelvinCold1234 @RealAlexJones Powell was behind the curve in the last admin and prob was pressured to hike rates on a slow schedule and not cause a Volcker shock or else be a democrat target. He was forced to let inflation run hot pumping market while saying we are on path to 3% inflation target.
@BringLogicBack@RealAlexJones When you have democrats printing money out of thin air, its from programs made to funnel this money into their pockets. These programs were called out. This money was created out of future debt. This same money was pumped into the markets creating insane imaginary valuations.
@financialjuice On track to 2%. Lol. The vaguest response by J Powell. We are heading in that direction, but from how far is the real question. He should have hiked rates and caused a controllable mini recession earlier. He was banking on Trump to dump the market so he wouldnt be a dem target.
@mcuban Although i Agree with some things said here regarding taking advantage of less regulation, most of what you said is double edged. Democrats have also gamed the system for many years highly regulating the "edges" and supporting pay to play (kickbacks).
@MattWallace888 @TaraBull808
๐ฅ Who remembers when Michelle Obama said that Harvey Weinstein is a "wonderful human being, a good friend, and just a powerhouse?" ๐ฅ