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re: CPI comes in hotter than expected, S&P 500 down 1%

Posted on 2/14/24 at 12:43 pm to
Posted by Hateradedrink
Member since May 2023
1308 posts
Posted on 2/14/24 at 12:43 pm to
I mean Powell has come out and said our deficit is unsustainable

LINK /

Is this political? Maybe, maybe not. Perhaps the question of how to resolve it is political, but the facet of our deficit being a problem doesn’t seem political to me.
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 2/14/24 at 1:09 pm to
I guess the broader point is that Powell and the FOMC have done nothing to help Biden, so expecting them to do something because of the election seems foolish.
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