The data right now supports a 'slower, more cautious' move in rates, says Roger Ferguson
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- Опубликовано: 10 сен 2024
- Former Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss his thoughts on the latest economic data, impact on the Fed's inflation fight, rate path outlook, and more.
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GDP growth is propped up by government deficit, which is more than 5% of GDP.
It's more than 5 now, which it has never been 5% any time in history. Huge problem.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@@FolarinSodiq It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@@ShellyHuerta This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.
@@KacieLehman My CFA ’ is “Victoria Carmen Santaella”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@ShellyHuerta Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Victoria Carmen Santaella.
NO CUTS ARE NEEDED
A 50 basis cut risk getting consumers too excited, it’s painful but having too much consumer spending risk accelerating inflation again
When car insurance would decline?
Up 20 %.. FSRNQ.. Fisker... Rivian... Polestar...Zapp Electric motorcycles..QS...Xos Trucks... Lillium Evtol Jets.. ChargePoint and more. Global Investors loading the EV sector Dips.
FED will probably not cut in september.
100% chance of Sept cut.
@@nicolasnicolas6468 lol 😆 whatever they jaw jack about in the media, the fed does the opposite.
The argument is to stop raising prices and, in fact, lower food prices. Lower rates to 3%. This way, the real estate market moves forward.
@@lesliehatun2044 lol 😆 are you serious?
Inflation is not coming down, the month over month rate of inflation is declining, inflation is still going up...
No, the rate of inflation is going down thats the focus here
Food inflation still sticky. Stagflation is definitely here to stay
I’m sorry but how can you say “on the way to a soft landing we see conflicting data”? How many times does he think we have had a soft landing? 1000$ says he was saying the same kind of dumb sh*t right before July 2008.
To mention sept 2008 with today is silly.
😂 markets are rallying and the demand for buying houses is still strong means no cut no time soon.
100% chance of Sept cut. It’s not even worth arguing.
To my Democrat friends,
When did you vote for Kamala Harris to be the democratic presidential candidate?
You seem worried.
The economy is still strong job market strong. The stock market pumper uppers want an emergency cut a 50 basis point cut NO! Prices for consumers are still high so no more then 25 basis points in September and maybe 1 more 25 basis cut for end of year
3 small cuts this year.
Rise in retail sales was due to inflation we are in a recession.