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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (26194)6/20/2025 4:45:36 PM
From: Rarebird1 Recommendation

Recommended By
Clam digger

  Respond to of 26251
 
I am talking about the stock market setting the Fed Funds rate.

The Powell Fed has been a disaster, to late to raise rates in 2021 and way to late to ease now.



To: Real Man who wrote (26194)6/20/2025 4:51:00 PM
From: Rarebird  Read Replies (1) | Respond to of 26251
 
Greenspan, Bernanke and Grandma Yellen were very good Fed Heads. Powell is a farce. He preaches data dependence, but ends up speculating in regard to future inflation, which would not be so terrible, except for the fact that he is always wrong; he is not only a clown, but inept. Economy is slowing and he needs to get ahead of the downturn. He is no good, a dumb ass.


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