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Pastimes : CNBC -- critique.

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To: richardred who wrote (17620)12/29/2018 10:41:40 AM
From: richardred1 Recommendation   of 17683
 
Sold the Sear at a moderate profit and the K-Mart a much bigger profit. K-Mart was a growth stock back then. Some I held through their acquisition and why my interest began in takeovers. Jim Cramer: I saw your show the other day because I was on Vacation. I also have the family stock ledger ledger. My Grandfather's, Father's & mine. The Stock & Bonds book self game. I still have it, along with Corporate pursuit. I also See Sarah Eisen and I are on the same page as far as -RE-Last I knew there is more than one person for the Fed Chair to confer with. IMO If there wasn't a consensus rates needed to go up they wouldn't have.
Message 31838064


I'm not hiding that button, but from all the negativity out there I thought I'd post this. My grandfather, a stock investor had this in one, in one of his books, I presume it was about 1929. Investing runs in the family!



P.S. He was a survivor
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IMO-There was no need for the recent Steven Mnuchin recent comments to the big banks as Fed. Chairman Powell already addressed this. Donald Trumps expertise is in Real-estate-Building & Hospitality. IMO real growth lasts when it's done without QE. It was needed by a loss of confidence in the US banking system. I remember when the late Fed chair Paul Volcker raised interest rates to 21%. Many thought the economy would never recover at that time. The rates in place now are a gift. IMO no economic stimulation should be through the lowering interest rates from here. I'm guessing rates have peaked here or near here. IMO that's a forward stimulus in itself. Last I knew there is more than one person for the Fed Chair to confer with. IMO If there wasn't a consensus rates needed to go up they wouldn't have.



I'm most impressed with Fed. Chairman Powell comments. IMO- He just gave the biggest sign of confidence in the US banking system. IMO-The question now is what Qtr. the rate hikes stop. IMO-Donald Trump has never been a great Stock Market investor. However he knew about making a deal with Merv Griffin on Resorts Int..
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