Neoreader @Neoreader2
United States Joined March 2021-
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From Bloomberg Good to see this. Hopefully, more Fed officials will recognize its merit, and we won’t have to wait five years until the next review of the Monetary Policy Framework for the change. This is one of many reforms I believe are needed to restore the Fed’s…
I feel like the Fed is cutting rates when they don't have to, and we are risking a bubble. If they have to reverse course, that's when it could get very ugly. Let's hope they got it right. Time will tell.
I feel like the Fed is cutting rates when they don't have to, and we are risking a bubble. If they have to reverse course, that's when it could get very ugly. Let's hope they got it right. Time will tell.
Ryan Detrick says would welcome a 4-6% pullback in the $SPX on CNBC yesterday. Guy has been on point all year too. Buy the dip for the eoy 4th quarter rally. Cmon Mr. Market let some people who missed the rally get a good entry point!
This dip buying will be dwarfed by pension selling next 3 days
This market is starting to feel like early 1999, where the indexes ran up on fewer and fewer names. Of course, 99 saw one of the biggest rallies in history on the Nasdaq. And then, it wasn't so pretty afterward. Historically, I tend to get cautious early. My hope is that we get…
Bessent to Fox Business's Maria Bartiromo: “Rates are too restrictive, they need to come down.” “I’m a bit surprised that [Powell] hasn’t signaled that we have a destination before the end of the year of at least 100 to 150 basis points" in cuts.
Bessent to Fox Business's Maria Bartiromo: “Rates are too restrictive, they need to come down.” “I’m a bit surprised that [Powell] hasn’t signaled that we have a destination before the end of the year of at least 100 to 150 basis points" in cuts.
BofA saying roughly $45B to sell on equities for quarter end rebalancing
Powell indirectly rebutted criticisms made by Bessent and others who have said the central bank is largely to blame for Trump’s challenges to its independence. (For example, in a lengthy essay published this month, Bessent cataloged alleged misdeeds by Fed policymakers in the…
Powell: The Fed doesn't take partisan politics into account. Many people don't believe us. "It's just a cheap shot," Powell says of critics who say certain actions are motivated by partisan politics.
Fed Chair Jay Powell's prepared remarks are mostly a repeat of what he said last week at the press conference Rates are "still modestly restrictive" wsj.com/economy/centra…
Fed Vice Chair Miki Bowman: "Economic research is clear that, when conditions exist like those we are currently facing, monetary policy should de-emphasize inflation." federalreserve.gov/newsevents/spe…
Bowman on the BLS and issues with benchmark revisions and data integrity: "People are focused on it now."
There will be considerable interest in Federal Reserve Chair Powell’s remarks today, particularly as they follow those of Governor Miran, whom some now call “the other chair” as he is viewed to represent the views of the likely successor to Powell, whoever that will be. In his…
Goolsbee says the Fed has to get inflation to 2%. PERIOD But the inflation rate now is well above 2% and it’s trending higher So how does cutting rates 100 to 125 basis points lower the inflation rate to a target (2%) it hasn’t been to in an almost 6 years? —- Bloomberg…
Today I worked through the arithmetic of how I came to my policy projections for appropriate monetary policy. There's a lot of numbers in the speech, but given the divergence between my views and other FOMC members, I felt it necessary to be meticulous and transparent.
St. Louis Fed President Alberto Musalem signals he may need to see continuing weakness in the labor market to justify additional cuts. Musalem: I supported the decision to cut last week “as a precautionary move” intended to support a full employment labor market. Policy is…
Fed governor Stephen Miran says the neutral rate of interest is 1-2 pp below where the markets and his colleagues on the FOMC think it is due to policy changes made this year by President Trump. Miran: “Leaving policy restrictive by such a large degree brings significant risks…
In his speech today, Miran argues that trade policy changes, by boosting savings, are a factor that will reduce the neutral rate of interest (among several others). In this op-ed last year, Miran and a co-author took a somewhat different view, where he outlined at least two…
In his speech today, Miran argues that trade policy changes, by boosting savings, are a factor that will reduce the neutral rate of interest (among several others). In this op-ed last year, Miran and a co-author took a somewhat different view, where he outlined at least two…
There’s a sizeable contingency of analysts & investors looking toward a re-acceleration of the economy. Or for growth to stay stable, at minimum. In that scenario, it’s worth considering the behavior of inflation. Prices might comfortably remain above the Fed’s target for…

Jim Bianco_🇺🇸 @jimbianco426
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Mohammed .A. El-Erian... @El_Eriann
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Helene Meisler @hme1sler
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Cloudya blandes @bali8855
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SmartReversals📈 @SmartReversls
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na🧜🧜na @dannagonzalez30
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Jason @3peaks_Tradings
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Nick Drendel 🦁 @_NickDrendeI
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goonervoir! 🔞 @gooner__voir
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