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re: Soros and other socialist billionaires, stock market question
Posted on 10/11/18 at 11:38 pm to StrangeBrew
Posted on 10/11/18 at 11:38 pm to StrangeBrew
quote:We’ve be given about the most easily understandable and simplified formula in advance, which is why the decisions were expected, and the criticisms were more reserved and more academic in nature.
Well why not give us a formula insteadof humans being political?
The politics didn’t really start until a politician criticized it after the fact, which coincided with people overreacting to a market drop.
And the rates that actually are more strongly tied to the market, are not decided by the fed, and in fact, that politician with the criticism signed policy that drives the rates (i.e., bonds to fund government’s debt).
1
Posted on 10/12/18 at 4:51 am to buckeye_vol
They are calling for 3-4 more hikes by the end of 2019. This is in the face of minimal inflation. Then you have all of these Fed governors that flapping their gums just to get some camera time. They should be under a gag order. I would like to see them talk about being more flexible as opposed to rigid like the President said, and no I am not a fan of him calling out the Fed. Raising the rates and unwinding of their balance sheet is a recipe for a slowdown in my opinion.
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