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re: Biden’s worst-case economic scenario is unfolding
Posted on 5/1/24 at 1:22 pm to teke184
Posted on 5/1/24 at 1:22 pm to teke184
POTUS Trump might have to "Ross Perot" America with a "POTUS Trump State of the Union" message with charts and personal stories from everyday Americans about 3 days before the election.
Joey and his gang, including Barry and Big Mike, are done. It is over after November 6, 2024 for them.
Joey and his gang, including Barry and Big Mike, are done. It is over after November 6, 2024 for them.
1
Posted on 5/1/24 at 2:43 pm to Timeoday
15:08
Neil Dutta at Renaissance Macro says JayPow characterization of the current policy stance as "restrictive" suggests Powell believes that policy is restrictive. If policy is restrictive, they are more concerned about downside growth risks than upside inflation risks.”
Thus Powell is sticking to the narrative that the inflation surprises this year are just bumps in the road, rather than taking the Fed to a different route. It delays the rate cuts, but rate cuts eventually will come.
sooo... BUY BUY BUY BUY !!!! say the algos
Neil Dutta at Renaissance Macro says JayPow characterization of the current policy stance as "restrictive" suggests Powell believes that policy is restrictive. If policy is restrictive, they are more concerned about downside growth risks than upside inflation risks.”
Thus Powell is sticking to the narrative that the inflation surprises this year are just bumps in the road, rather than taking the Fed to a different route. It delays the rate cuts, but rate cuts eventually will come.
sooo... BUY BUY BUY BUY !!!! say the algos
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