He’s echoing David Rosenberg…we’re going to overshoot the inflation target to the downside and be too slow to remove the excess restraint already built into monetary policy.
Theres a lot more butter on his bread with low rates. So are we suprized that they all think the "economy" calls for lower rates. Not worth listening to.
I partly agree with you. I'm a working family guy, by no means rich, and watching my savings tank (held in equities). Unfortunately, to maintain hard-earned wealth we have no choice, but to invest in the market. There is the choice of bonds I suppose. Ironically, I don't like the stock market, but cash in the bank just gets devalued with money printing. A lot of people will never be able to retire unless they invest wisely.
This is insane. Inflation may have come down but it is still way too high. Please don't think rates will go to Zero again. They may drop by two drops of a quarter but that's it for years in which inflation will stay above 2% and rates will remain moderate like they did in the 70s. You are too young to understand this.
Well if you need 4 cuts by the end of the year, why didn’t they start already. Already in Aug, that ll be way too steep if u have to cut 4 times in 4 months now
He’s echoing David Rosenberg…we’re going to overshoot the inflation target to the downside and be too slow to remove the excess restraint already built into monetary policy.
.75 by December.
Theres a lot more butter on his bread with low rates.
So are we suprized that they all think the "economy" calls for lower rates.
Not worth listening to.
For the senior economist to avoid getting bankrupt?
Wouldn’t dollar actually strengthen vs Yen when Fed eases bc US growth would be better vs Japan’s under those conditions? So no foreshadowing here
Lowering interest rates lowers the value of a currency because it is removed from circulation at a slower rate.
@@rileymartin1747 not if growth picks up avoiding a recession.
Way too fast for cutting
With all the problems in the world, some only care about a stock portfolio.
I partly agree with you. I'm a working family guy, by no means rich, and watching my savings tank (held in equities). Unfortunately, to maintain hard-earned wealth we have no choice, but to invest in the market. There is the choice of bonds I suppose. Ironically, I don't like the stock market, but cash in the bank just gets devalued with money printing. A lot of people will never be able to retire unless they invest wisely.
Rates should be raised further to quash the fake investors.
This is insane.
Inflation may have come down but it is still way too high. Please don't think rates will go to Zero again.
They may drop by two drops of a quarter but that's it for years in which inflation will stay above 2% and rates will remain moderate like they did in the 70s.
You are too young to understand this.
Well if you need 4 cuts by the end of the year, why didn’t they start already. Already in Aug, that ll be way too steep if u have to cut 4 times in 4 months now