Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
If he who can’t be named fires the Fed chairman as he threatens, would that have much impact on our mutual funds? Some here might see this as a buying opportunity.
He can't fire him. It's the usual empty Orange Hot Air.
Yes ... but he's trying to backdoor fire him by asking SCOTUS for the ability to fire "independent agency heads" -- you know he'll bend whatever ruling they give him until it breaks, so I wouldn't be so quick to reject the notion.
If it happens (or he tries) it won't just be mutual funds in trouble, that would probably result in another 'Liberation Day' crash of the markets where all correlations go to 1.
@crash. My brother,,, by now you of all people know he can do whatever he damm well pleases because who can stop him? The courts? The congress? Melania? No, no, and no. He can and he doesn’t care what happens next. Look out below.
@larryB yes, I am duly corrected. Silly me. I was thinking that policies, rules and laws actually matter. This is what deliberately manufactured chaos looks like.
Cutting rates during an inflationary spike due to tariffs would just be all kinds of brilliant.
Which means Donnie will try and name himself Fed Dictator and do just that, because he's such a stable jenius and business expert. After all, 'nobody knows more about' this stuff (or debt) than he does.
And then his vaunted Power Of Positive Thinking life philosophy will kick in, and he'll just tweet louder and expect that in time 'the rates' work it all out and make him look good. Or else he might deport 'the rates' for having anti-American ideas (in his view) ....
Laughing out loud. Started this thread about the possibility of Powell getting terminated by the regime. Added the phrase “ impact on mutual funds” in the title to avoid the purity police. Worked like a charm.
Laughing out loud. Started this thread about the possibility of Powell getting terminated by the regime. Added the phrase “ impact on mutual funds” in the title to avoid the purity police. Worked like a charm.
+1 Nothing to laugh about, you guys haven't changed anyone's opinion but you definitely dragged down substantially one of the best investment site by the same people.
Nothing to laugh about, you guys haven't changed anyone's opinion but you definitely dragged down substantially one of the best investment site by the same people.
Your irrational, ill-informed political rants have failed to sway public opinion. Furthermore, your constant complaining is extremely disruptive and it debases the forum. I'm perplexed why you choose to participate in this excellent forum when you often loathe the collective wisdom within. ¯\_(ツ)_/¯
Why are we supposed to ignore the suggestion that the Fed Head should be fired because he won't cut rates in an inflationary environment when prices will--at the same time--be subjected to an exogenous shock due to the highest taxes on imports in a century, or so?
Are we nostalgic for the 70's?
What's next? Wage and price controls? WIN buttons? Platform shoes, disco, and window-pane plaid patterns?
He's just looking for another scapegoat period. It's not me messing up the economy, it's Powell! Deflect and BS is all he does, luckily he's really stupid. I wouldn't mind Powell quitting so things get worse but then he'd just blame something/somebody else so I hope he can't get rid of him.
Take a look at the bond and stock market from last week. Investors are moving out of US. And the trade war has yet all plays out. Thus, we are far from the bottom.
BBG, reporting on the Toddler's 100-days-rally tonight: “You’re not supposed to criticize the Fed,” Trump said. “You’re supposed to let him do his own thing — but I know much more than he does about interest rates.”
Yeah, I'm sure YOU know more about anything than anyone, Donnie. Just STFU.
"Separating business from politics is akin to believing that fish swim independent of the water’s current. America’s toxic uncertainty is urging capital to look elsewhere." scott galloway 2025
Disappointed but not surprised by T's rhetoric. Nothing good can come from this.
What a surprise? The SP500 went up nicely since the date you posted the above.
This thread was started because Trump threatened to fire Powell. It would be idiotic to fire Powell and undermine confidence in the Fed. My post was a response to this situation - S&P 500 performance was not mentioned. You are such a TROLL!
Comments
https://www.cnbc.com/2025/04/17/markets-will-crash-if-trump-can-fire-feds-powell-elizabeth-warren-warns.html
Nothing good can come from this.
If he who can’t be named fires he who can't be fired (without cause or Supreme Court pretzel logic) ...
"Pretzel logic is an expression used to describe someone’s “twisted reasoning.”
https://www.dictionary.com/e/pop-culture/pretzel-logic/
- or -
If it happens (or he tries) it won't just be mutual funds in trouble, that would probably result in another 'Liberation Day' crash of the markets where all correlations go to 1.
There is a new candidate for FED chair position once Powell term expires in 2026.
https://msn.com/en-us/money/markets/trump-wants-powell-out-of-the-fed-waiting-in-the-wings-is-kevin-warsh/ar-AA1Dadpa?ocid=hpmsn&cvid=a716bf975c1d458898da5ac14560bbe2&ei=98
Rumor has it that Scott Bessent may be interested in the same position.
Cutting rates during an inflationary spike due to tariffs would just be all kinds of brilliant.
And then his vaunted Power Of Positive Thinking life philosophy will kick in, and he'll just tweet louder and expect that in time 'the rates' work it all out and make him look good. Or else he might deport 'the rates' for having anti-American ideas (in his view) ....
https://youtube.com/watch?v=m7EJGXa-5Rc
Nothing to laugh about, you guys haven't changed anyone's opinion but you definitely dragged down substantially one of the best investment site by the same people.
Furthermore, your constant complaining is extremely disruptive and it debases the forum.
I'm perplexed why you choose to participate in this excellent forum when you often loathe
the collective wisdom within. ¯\_(ツ)_/¯
Are we nostalgic for the 70's?
What's next? Wage and price controls? WIN buttons? Platform shoes, disco, and window-pane plaid patterns?
https://www.youtube.com/watch?v=ejd6Xrk4ohE
https://reuters.com/markets/global-markets-wrapup-1-2025-04-21/
https://www.cnbc.com/2025/04/21/ron-insana-confidence-in-the-us-will-be-shaken-if-trump-seeks-to-remove-powell-as-fed-chair.html
https://reuters.com/business/finance/us-bond-funds-suffer-fifth-weekly-outflow-tariff-driven-inflation-fears-2025-04-21/
Yeah, I'm sure YOU know more about anything than anyone, Donnie. Just STFU.
The SP500 went up nicely since the date you posted the above.
"Separating business from politics is akin to believing that fish swim independent of the water’s current. America’s toxic uncertainty is urging capital to look elsewhere."
scott galloway 2025
It would have added to the chaos, but the grand poobah was saved from himself.
It would be idiotic to fire Powell and undermine confidence in the Fed.
My post was a response to this situation - S&P 500 performance was not mentioned.
You are such a TROLL!