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Firing Fed chair,,, impact on mutual funds?

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.

Comments

  • Disappointed but not surprised by T's rhetoric.
    Nothing good can come from this.
  • In light of the marketwatch piece cited by stillers, perhaps the question should be:

    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 -


  • He can't fire him. It's the usual empty Orange Hot Air.
  • Crash said:

    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.
  • @rforno. ah, I see. Yes, he's above the Law. We are already in a Constitutional crisis. One thing after another. So, why not go after uncle Jay? Eh?
  • @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.
  • edited April 18
    Lost of investor’s confidence could have dire consequences.

    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.
  • edited April 18
    deleted
  • Lining up to be the next Arthur F. Burnes are they?

    Cutting rates during an inflationary spike due to tariffs would just be all kinds of brilliant.
  • edited April 19
    WABAC said:

    Lining up to be the next Arthur F. Burnes are they?

    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.
  • larryB said:

    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.
  • edited 3:37AM
    FD1000 said:


    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)_/¯
  • Yup. You can lead a horse to water, but you can't make him learn.
  • 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?

  • The horror, the horror..
  • edited 1:21AM
    "Are we nostalgic for the 70's?"
    https://www.youtube.com/watch?v=ejd6Xrk4ohE
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