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re: Get ready for the Fed to make a horrible move cutting rates just to help Joey and Kamala.
Posted on 3/26/24 at 12:41 am to Timeoday
Posted on 3/26/24 at 12:41 am to Timeoday
quote:That’s wrong by a factor of almost 100%. As of March 1 the total FDIC insured deposits were about $10.5 trillion. And total U.S. commercial bank assets available to cover those deposits equals $23.3 trillion.
the FDIC is essentially guaranteeing over $20 trillion in deposits
You continue to be clueless about anything related to financial markets.
Posted on 3/26/24 at 6:49 am to ole man
quote:
Their will be those that think he doing it for us.
This is what Trump did in 2019, tried to pump the economy with cash, re-institute QE wo the number would look better for re=election.
quote:
Trump calls for subzero interest rates. That could backfire
Published 1:02 PM EDT, Wed September 11, 2019
quote:
The Latest: Trump wants Fed rate cut, quantitative easing
Published 7:03 AM AKDT, April 5, 2019
quote:
Trump proposes record spending, trillion-dollar deficit
Published 2:35 PM AKDT, March 11, 2019
Some of you fanbois explain how this is (D)ifferent.
Posted on 3/26/24 at 6:52 am to DMAN1968
quote:
But the stock market will jump.
Easy to campaign on a record high stock market.
Precisely what Donny did.
Now yall get it? Strange.
Posted on 3/26/24 at 7:05 am to Longhorn Actual
Trump's Economists are a whole lot better than the trash Joe has.
Posted on 3/26/24 at 7:53 am to TigerAxeOK
quote:
It's the same playbook. Never changes.
When a (R) is in office, "things are only getting better because of what the last Democrat guy did!!!", and when a (D) is in office, "things are only bad now because of what the last Republican guy did!!!!"
You have to admit though a presidents impact isn't usually felt during that term but after. 2nd terms you reap what you sowed mostly
Posted on 3/26/24 at 8:29 am to Bass Tiger
quote:
The rate cuts will be well timed in mid to late summer so further inflation is delayed until after the 2024 GE.
That is way too late. Now might be too late. By late summer the number of undecideds is almost zero, and what's left is 90% a turnout battle. And a cut in mid-summer isn't going to have much effect on anything the voters will notice until well after the election.
No, if the Fed was going to try to put their thumb on the election scale, now is about the last chance to do so. It would cause huge inflation, too, so that wouldn't work too well for Biden.
Posted on 3/26/24 at 4:50 pm to ole man
quote:
Stfu you dim wit
I know you dont like hearing it, but Donny used all the tricks to make you think the economy was humming, so he would be re-elected.
You dont care. You only care when the other guy does it.
Posted on 3/26/24 at 4:51 pm to bluedragon
quote:
Trump's Economists are a whole lot better than the trash Joe ha
He used the exact same tactics.
Posted on 3/26/24 at 4:56 pm to SDVTiger
quote:
3 cuts are coming
I guess the question is what type of cuts. Are we saying 3 cuts at 25 bips per meeting or are we talking Greenspan 75 bps style? I think that's the real question OP was getting at. A mere 25 basis pts times 3 won't move the needle for Potato and Heels Up imo.
Posted on 3/26/24 at 5:04 pm to RogerTheShrubber
quote:
but Donny used all the tricks to make you think the economy was humming
I don't recall DJT raiding the Strategic Reserves on a monthly basis for almost 12 full months to buy votes, and not replenishing the SPR accordingly. I don't recall DJT circumventing a SCOTUS rule on Student Loans and buying votes.
Posted on 3/26/24 at 5:33 pm to RogerTheShrubber
Man you are really fricked up in the head.
He’s gonna get re-elected for a Miriad of reasons one of which is not the one you think it is
You better hope he gets elected because if not your life is gonna be as fricked up as everybody else you know why. Because your Democratic suck buddies don’t give a shite about you either that’s what you fricking turds don’t fricking get.
Oh and that nuclear war that we’re on the verge of is because of YOUR democratic and republican swamp in DC they’re gonna get us both killed .
He’s gonna get re-elected for a Miriad of reasons one of which is not the one you think it is
You better hope he gets elected because if not your life is gonna be as fricked up as everybody else you know why. Because your Democratic suck buddies don’t give a shite about you either that’s what you fricking turds don’t fricking get.
Oh and that nuclear war that we’re on the verge of is because of YOUR democratic and republican swamp in DC they’re gonna get us both killed .
Posted on 3/26/24 at 6:55 pm to Longhorn Actual
Too big to fail, baw.
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