Federal Reserve Chair Powell testifies before the House committee on monetary policy - 3/6/24

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  • Опубликовано: 5 мар 2024
  • Federal Reserve Chairman Jerome Powell speaks Wednesday morning to the House Financial Services Committee on the semiannual monetary policy report.
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    Federal Reserve Chair Powell testifies before the House committee on monetary policy - 3/6/24

Комментарии • 104

  • @Angelavaldess
    @Angelavaldess 2 месяца назад +107

    The CPI report revealed that inflation has dropped to its lowest level in more than two years, and that's great news for both the economy and the stock market. but I don't know if stocks will quickly rebound for a few weeks, I am under pressure to sell my $250k ETF/Growth Stock portfolio.

    • @DanielPanuzi
      @DanielPanuzi 2 месяца назад +4

      It's really hard to beat the market as a mere investor. It's just better if you employ the help of a professional understands the market dynamics better.

    • @Higuannn
      @Higuannn 2 месяца назад +1

      @@DanielPanuzi Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

    • @Higuannn
      @Higuannn 2 месяца назад +1

      Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

    • @Higuannn
      @Higuannn 2 месяца назад +5

      @@DanielPanuzi I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds and real estate can reduce the impact of a market meltdown or better still consult a market expert for help.

    • @ericmendels
      @ericmendels 2 месяца назад +5

      @@Higuannn Been getting suggestions to use an advisor for sometime now, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

  • @boikanyomashau418
    @boikanyomashau418 2 месяца назад +7

    “I’ve seen with my own eyes” Jerome Powell, translation ‘trust me bro’ 😂

  • @eurusd-forex
    @eurusd-forex 2 месяца назад +3

    Man of the Year, Jeromy Powerll

  • @metamoney7657
    @metamoney7657 2 месяца назад +8

    Ms waters has no idea what she is talking about.

    • @TheGichnni
      @TheGichnni 2 месяца назад

      None of these snake oil salesmen knows what they're talking about. It's unbelievable how these people got elected into power in the first place. But sure, Waters and Tlaib definitely won the price for best mouth diarrhea here. Very painful to listen to some of these people.

  • @GoredrinkerRS
    @GoredrinkerRS 2 месяца назад +8

    1:14:15 HAHAHA IM DYING OF LAUGHTER WATCHING JEROMES BODY LANGUAGE

    • @chads9776
      @chads9776 2 месяца назад +2

      She’s so aggressive for no reason lol

  • @user-lj6do3ri1z
    @user-lj6do3ri1z 2 месяца назад

    Tks a lot

  • @Freedo1234
    @Freedo1234 2 месяца назад +2

    Fed loss 114 billion this year , what ls the conspiracy to keep high interest rate , SPK

  • @blablableep6811
    @blablableep6811 2 месяца назад +3

    2:31:00
    Guess house prices will soar more when those interest rates are dropped

  • @tonylinardi3089
    @tonylinardi3089 2 месяца назад +2

    "Wages have not caught up to the higher prices" What about retired seniors on a fixed income and low income families? What are they supposed to do?

    • @angelicfurry301
      @angelicfurry301 2 месяца назад

      They could care less as the companies who sell goods and services could care less

  • @smitgadara9943
    @smitgadara9943 2 месяца назад +7

    Buy silver

  • @stoneyj1a1
    @stoneyj1a1 2 месяца назад +3

    Maxine Waters is a clueless woman. She reads a script and sounds like she has zero idea about anything regarding the economy. Democrats are like communists.

  • @user-ph2qg1iz9u
    @user-ph2qg1iz9u 2 месяца назад +1

    GROY and AG 🚀🚀🚀🚀

  • @jaspersilver1055
    @jaspersilver1055 2 месяца назад +7

    Wow. These people have wiped us out. $1 Trillion every 110 days.
    We all know how this ends .

    • @philip443
      @philip443 2 месяца назад

      Meek is so stupid, he forgot how much debt we accrued

  • @Pachadaddy
    @Pachadaddy 2 месяца назад +2

    It’s so insane that we are even considering sending additional funding billions to support these exploitation campaigns abroad. I hope Ukrainians watching take note of how they were reduced down to a factor of inflation in commodities.

  • @butchgordon2944
    @butchgordon2944 2 месяца назад

    Monetary policy isn't the problem. Fiscal policy is.

  • @g-liont5793
    @g-liont5793 2 месяца назад +6

    Love or hate the fed, politicians are so stupid

  • @Neighborsteve6371
    @Neighborsteve6371 2 месяца назад +2

    The economy needs to take a crap and then a nap. Buy gold like the banks are doing. God bless the USA

  • @Alpharizzchad
    @Alpharizzchad 2 месяца назад +2

    Hello this is the best gig ever. They pay more interest we pay more taxes. And back up the banks with out government money. Its a win win for the banks and government 😅

    • @michaelheyn2484
      @michaelheyn2484 2 месяца назад

      It's always a win/win for them. That's how they've structured the system.

  • @philip443
    @philip443 2 месяца назад +2

    Meek is so stupid, he forgot how much debt we accrued

    • @agatsumasaad1314
      @agatsumasaad1314 2 месяца назад

      they not even looking at them debts at this point the country is doomed

  • @Neighborsteve6371
    @Neighborsteve6371 2 месяца назад +3

    Ask Jerome if the safe harbor addition to the uniform commercial code, article 8 (2005) will allow banks to take customer assets(cash,safety deposit box,stocks,etc) during acquisition(bankruptcy) process? Its already been done.lehman brother and JP Morgan(2009)

  • @agatsumasaad1314
    @agatsumasaad1314 2 месяца назад

    basically gold is going to hell ?

  • @andrewvisiko5250
    @andrewvisiko5250 2 месяца назад +7

    raise rates higher.

  • @jackrabbitjake
    @jackrabbitjake 2 месяца назад +2

    Just a steady flow of mesmerizing Buuoooooooollllshhhhiiiiiitttt!!!!

  • @angelicfurry301
    @angelicfurry301 2 месяца назад

    Corporate greed is a real thing

  • @jaspersilver1055
    @jaspersilver1055 2 месяца назад +1

    Listen to the schiff radio cast to get some reality

    • @GoredrinkerRS
      @GoredrinkerRS 2 месяца назад +1

      No thanks. He's a gold salesman constantly trying to sell gold to his viewers.

    • @omegamanxxx
      @omegamanxxx 2 месяца назад

      Yeah, he is always wrong and late to the party. Do the opposite of what he says.

  • @m11ody
    @m11ody 2 месяца назад +1

    راح يخفض الفائدة لو لا

  • @doug184
    @doug184 2 месяца назад

    Inflation, it’s not going away in fact it’s going to pop higher. Today it’s just a transitory pause

    • @FedtTony
      @FedtTony 2 месяца назад

      This time next year people will be worrying about deflation instead

  • @cryptoqueen7055
    @cryptoqueen7055 2 месяца назад

    I wonder how much his house is worth? Asking for a friend…

  • @m11ody
    @m11ody 2 месяца назад

    غيررر يخفض الفائدة والله شكني

  • @jaspersilver1055
    @jaspersilver1055 2 месяца назад

    Are kidding me Jerry P . You KNOW THAT EMPLOYMENT IS S JOKE. PEOPLE THST HAD A CAREER OR GOOD JOB HAVE HAD YO PICK IP THREE JOBS TO MAKE ENDS MEET

  • @thatradkid
    @thatradkid 2 месяца назад +4

    Wtf is this guy going on about with grain in Ukraine and inflation.

    • @philip443
      @philip443 2 месяца назад

      Meek is so stupid, he forgot how much debt we accrued

  • @cap0lot478
    @cap0lot478 2 месяца назад +2

    1:16:01😂

  • @shellywhite2145
    @shellywhite2145 2 месяца назад +1

    What are the best additions to a $500k portfolio to boost performance? btc is Up and will do better in 2024 I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets.

    • @laurawheeler-zh8gv
      @laurawheeler-zh8gv 2 месяца назад

      I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire

    • @shellywhite2145
      @shellywhite2145 2 месяца назад

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation

    • @laurawheeler-zh8gv
      @laurawheeler-zh8gv 2 месяца назад

      ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment..

    • @shellywhite2145
      @shellywhite2145 2 месяца назад

      Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

  • @therighteous802
    @therighteous802 2 месяца назад +2

    Market has been reading through Powell's bs since 2021.

  • @ThaBigGuychef
    @ThaBigGuychef 2 месяца назад

    We’re doomed 😂😂😂 these people lol comedy at its finest . They truly don’t give a shiii not one in that room . See the laughs while we struggle bet their not struggling .

  • @marknapiewocki8372
    @marknapiewocki8372 2 месяца назад

    I don’t take anything seriously from a bow tie guy. Juvenile look

  • @fawziabayat994
    @fawziabayat994 2 месяца назад

    And when JESUS ( PBUH) will Isreal still be an ally ?

  • @diamondhands1021
    @diamondhands1021 2 месяца назад +4

    Pump everything

    • @JonnyZuccs
      @JonnyZuccs 2 месяца назад

      Parties over pal

    • @diamondhands1021
      @diamondhands1021 2 месяца назад

      @@JonnyZuccs it’s just the beginning of qe and cuts

    • @JonnyZuccs
      @JonnyZuccs 2 месяца назад +1

      @@diamondhands1021 Ah yes everything up forever, until your bag gets chopped in half withing a period of a couple months. You clearly dont have any idea what you are talking about saying its the beginning of QE When QE stopped two years ago. Enjoy the bear market.

    • @JonnyZuccs
      @JonnyZuccs 2 месяца назад +1

      @@diamondhands1021 Also i want to add that your position is the reason why im so heavily short right now in major indexes, The disconnect that people think rate cuts are coming sooner and QT will end soon. we are at all time highs and 4 Stocks have made up 60% of the sp500 gains in 2024. good luck with that lol

    • @diamondhands1021
      @diamondhands1021 2 месяца назад +1

      @@JonnyZuccs good luck

  • @mattmcfly2165
    @mattmcfly2165 2 месяца назад +1

    Buy bitcoin

    • @CryptoCherryBinance
      @CryptoCherryBinance 2 месяца назад

      Bitcoin to zero soon

    • @choiceduty
      @choiceduty 2 месяца назад

      adding a zero at some point@@CryptoCherryBinance

    • @asdf-dv3zg
      @asdf-dv3zg 2 месяца назад

      Yes with a 1 before and 6 zeroes after the 1​@@CryptoCherryBinance

    • @GoredrinkerRS
      @GoredrinkerRS 2 месяца назад

      Lol. Do you rly think governments will allow bitcoin to take over their ponzi currencies? No.

    • @agatsumasaad1314
      @agatsumasaad1314 2 месяца назад

      hell fking not@@CryptoCherryBinance

  • @nancymik6508
    @nancymik6508 2 месяца назад

    My stocks are at an all time high - Thank you Joe ❤❤❤❤❤❤let’s goooo!!!!

    • @GeeGee4U
      @GeeGee4U 2 месяца назад

      If your stocks are all time high then it’s time to say goodbye to
      And get out of markets for now. Times will come back to re-enter at lower rates.

    • @ljmedia6211
      @ljmedia6211 2 месяца назад

      Inflation does that to stocks

  • @juicypickle4777
    @juicypickle4777 2 месяца назад

    Borrringggggggggg