Jerome Powell

Discussion in 'Politics' started by '78, Oct 10, 2018 at 6:13 PM.

  1. '78

    '78 Dazed and Confused
    Lifetime Member

    Joined:
    Jun 9, 2014
    Messages:
    11,664
    Oxbucks:
    $6,985
    Ratings:
    +12,923 / -337
    You've had your 15 minutes of fame, sir. Now kindly STFU.
     
  2. TLB

    TLB Just chillin'
    Lifetime Member

    Joined:
    Jan 6, 2015
    Messages:
    5,440
    Oxbucks:
    $1,861
    Ratings:
    +4,381 / -47
    Deeply insightful, yet respectful while critiquing throughout. HOF thread, no doubt.
     
  3. Gator Fever

    Gator Fever Senior Member

    Joined:
    Jun 13, 2014
    Messages:
    20,361
    Oxbucks:
    $1,639
    Ratings:
    +5,669 / -104
    You have to leave some tools for when the crap hits the fan again which it will. Might be a while but there will be some payback eventually for all that crazy near ZIRP and trillions in QE etc. A ton of companies got funded that will never make a real profit. Some say it isn't far behind the mal-investment during the internet stock craze years ago.

    No one can get this stuff exactly right but some places seem to think another .5% in interest rate hikes will trigger a major correction of over 20%. A couple of historical things still point to the DOW fair value being close to 18k now. I just hope if the major correction happens it isn't in 2020. Best case would be it happened after election day 2020.
     
  4. '78

    '78 Dazed and Confused
    Lifetime Member

    Joined:
    Jun 9, 2014
    Messages:
    11,664
    Oxbucks:
    $6,985
    Ratings:
    +12,923 / -337
    Follow the little squiggly line as it relates to the ominous grey pillars. After awhile you begin to notice the most amazing correlation. fredgraph_1RLI.jpeg
     
  5. '78

    '78 Dazed and Confused
    Lifetime Member

    Joined:
    Jun 9, 2014
    Messages:
    11,664
    Oxbucks:
    $6,985
    Ratings:
    +12,923 / -337
    I fear a self-fulfilling prophecy.
     
    • '78

      '78 Dazed and Confused
      Lifetime Member

      Joined:
      Jun 9, 2014
      Messages:
      11,664
      Oxbucks:
      $6,985
      Ratings:
      +12,923 / -337
      Dow futures imply a 350-point drop at the market open Thursday. Thanks again, Jer.
       
    • AugustaGator

      AugustaGator Junior Member
      Lifetime Member

      Joined:
      Jun 12, 2014
      Messages:
      14,329
      Oxbucks:
      $2,350
      Ratings:
      +4,664 / -93
      You think the music won’t stop?
       
    • '78

      '78 Dazed and Confused
      Lifetime Member

      Joined:
      Jun 9, 2014
      Messages:
      11,664
      Oxbucks:
      $6,985
      Ratings:
      +12,923 / -337
      I think Powell made a mistake blabbling away that we're a long way from neutral on interest rates when the data doesn't support that thinking.

      I think Trump made a mistake by replacing Yellen, who actually read the data.

      I think economic expansions -- as well as recessions -- are now the artificial concoction of the Fed, in spite of what certain members of the Fed want you to think.

      I think Yellen got that. I think Powell doesn't.

      I think this economic expansion still has legs and that the organic portion of it only began when Trump took office. It was all Fed manipulated until then.

      I think Bernanke overplayed his hand from 2005 to 2007 and that it led us into recession.

      I think Powell is about to do the same.
       

    Share This Page

    The Box

    Help

    You don't have the necessary permissions to use the chat.

      1. There are currently no users chatting.
        • About Us

          Our community sprung up when the Gatorsports message board was shut down in the summer of 2014. We pride ourselves on offering Gator-biased, yet critical discussion among people of all different backgrounds. We are working every day to make sure our community is the best Gator message board you will find.
        • Like us on Facebook

        • Buy us a Zima!

          The management works very hard to make sure the community is running the best software, best designs, and all the other bells and whistles. Care to buy us a non-alcoholic Zima? We'd really appreciate it! Just click the "Donate" tab at the top of the page.