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re: Fed Pivot Coming? See this tweet from Charlie Gasparino

Posted on 9/30/22 at 1:47 pm to
Posted by shoelessjoe
Member since Jul 2006
10414 posts
Posted on 9/30/22 at 1:47 pm to
A pivot meaning what, faster interest rate hikes or interest rate cuts?
Posted by KillTheGophers
Member since Jan 2016
6455 posts
Posted on 9/30/22 at 1:48 pm to
Stop with increases
Posted by molsusports
Member since Jul 2004
36353 posts
Posted on 9/30/22 at 1:51 pm to
quote:

Interesting tidbit .... Winn Resorts (casino gambling) reported a 91% decline in revenues from Chinese gambling operations ... -91%. What do you suppose that says about the state of the Chinese economy ?



China is quietly in an enormous amount of trouble. If Russia and the EU weren't in a more visible conflict that would be front and center right now
Posted by fallguy_1978
Best States #50
Member since Feb 2018
50206 posts
Posted on 9/30/22 at 1:55 pm to
quote:

A pivot meaning what, faster interest rate hikes or interest rate cuts?

I'd think a pause comes first. I don't think we are close to that though unless we have some sort of unforseen economic shock.
Posted by Strannix
District 11
Member since Dec 2012
49572 posts
Posted on 9/30/22 at 2:04 pm to
quote:

Cue the Spider-Man point meme


Im just the one that called this 24 months out lol
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 9/30/22 at 2:13 pm to
quote:

You have no credibility here




Posted by Diseasefreeforall
Member since Oct 2012
5921 posts
Posted on 9/30/22 at 2:14 pm to
Fed pauses, dollar weakens, inflation goes up more.
Posted by Strannix
District 11
Member since Dec 2012
49572 posts
Posted on 9/30/22 at 2:18 pm to
Inflation is white hot WITH the increases
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 9/30/22 at 2:34 pm to
quote:

Inflation is white hot WITH the increases


Damn you’re so close
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81093 posts
Posted on 9/30/22 at 2:37 pm to
quote:

A pivot meaning what, faster interest rate hikes or interest rate cuts?

Stop the hikes and/or start cutting and/or begin QE again
Posted by shoelessjoe
Member since Jul 2006
10414 posts
Posted on 9/30/22 at 3:08 pm to
What affect would this have on mortgage rates.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81093 posts
Posted on 9/30/22 at 3:37 pm to
quote:

What affect would this have on mortgage rates.

Probably move lower, but not back to where we got used to in the 2-3s

They won't move that much if all they do is pause hikes
This post was edited on 9/30/22 at 3:38 pm
Posted by Strannix
District 11
Member since Dec 2012
49572 posts
Posted on 9/30/22 at 3:41 pm to
quote:

begin QE again


So give crack to a crackhead
Posted by TigerIron
Member since Feb 2021
3398 posts
Posted on 9/30/22 at 3:50 pm to
(no message)
This post was edited on 11/18/22 at 11:01 am
Posted by slackster
Houston
Member since Mar 2009
87095 posts
Posted on 9/30/22 at 4:24 pm to
quote:

Inflation is white hot WITH the increases


First increase was March, inflation is running 6.6% annualized since then.

Rates went above 1% in June, and since then inflation is running at 1.2% annualized.

Not really commenting on the accuracy of your white hot statement, just posting some facts.
Posted by Pendulum
Member since Jan 2009
7256 posts
Posted on 9/30/22 at 4:30 pm to
Just wait until the yoy comps are looking at jan-march 2022.
Posted by Lsut81
Member since Jun 2005
81479 posts
Posted on 9/30/22 at 4:35 pm to
quote:

Fed Pivot Coming?


So they reacted too late and then when they did, their efforts did nothing to bring inflation down… so frick it, quit trying and let it all burn eh?
Posted by Klondikekajun
Member since Jun 2020
1365 posts
Posted on 9/30/22 at 4:38 pm to
quote:

Just wait until the yoy comps are looking at jan-march 2022.


So what's the play?

Dump depressed equities and cut your losses?

Where do you go?

Hard to live off hard assets. Can't eat art and land (well sorta)...

Some sort of variable/ guaranteed annuities?

Maybe the OT Board has it right... Coke & hookers.....

Thoughts?
Posted by Pendulum
Member since Jan 2009
7256 posts
Posted on 9/30/22 at 4:41 pm to
The 2020 me can't believe it but bonds don't seem like such a bad place to hide out right now. I bought some bills, and notes last month. Maybe look at some quality corporates if you need more yield.
Posted by slackster
Houston
Member since Mar 2009
87095 posts
Posted on 9/30/22 at 4:51 pm to
quote:

Just wait until the yoy comps are looking at jan-march 2022.


Inflation MoM in July was flat. In August it was up .1%. Even if we say it will go up .2% per month in September through next June, it will be sub 3% YoY by April and sub 2% YoY by May.

The FFR would be higher than the inflation rate by March under those conditions.
This post was edited on 9/30/22 at 4:53 pm
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