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.
But, at nearly 3% inflation, such moves will likely stimulate stagflation.
So, boys and girls, the word of the day is:
Stagflation is an economic condition marked by slow economic growth (stagnation), high inflation, and rising unemployment, c…
Per Wall Street Journal (bold added):
"Fed Chair Jerome Powell pointed on Wednesday to a job-market risk that economists have been worried about for months: Official statistics could be drastically overstating recent hiring.
Powell said that Fed …
But...but he really earned that distinguished peace prize.. which was issued by a friggin soccer league. Touched his cold heart.
For a crook that screwed this country over while enriching himself, he will never do even 1 day of jail time. That is…
Prioritizing market returns "trumps" issues like affordability and healthcare.
Cutting interest rates is seen as the easy path to continued market performance. And per Junkster's comment, the correlation is rock solid in the short-term.
I only…
Divided between a weakening labor market vs. a high inflation environment. If not for the political pressure, I wonder if the Fed would really be cutting.
Had to give the markets a hit of crack to keep the party rolling.
,, how unlikely is it the elections get cancelled? The emergency: that the radical left lunatics will win and we would no longer have a country. Elections cancelled GAME OVER.
There would be a revolt from US citizens "like nobody's seen before".
A…
@WABAC, please show some respect.
Donnie boy is clearly entitled to a cut on all such transactions. This includes college endowments. And crypto wallets. Heck, the kickbacks never stop.
Yep, Qatar is short one $400M jet.
It's the pay to pla…
Might have to read "This Time Is Different – Eight Centuries of Financial Folly (2009)" by Carmen M. Reinhart and Kenneth S. Rogoff that was mentioned in the December MFO Commentary.
Hope we aren't writing another chapter as we live and breathe to…
@JD_co,
"If there is a farmland option for the small investor, please do share."
A quick search showed two potential options but I haven't researched either one.
https://acretrader.com/
https://farmtogether.com
Edit/Add: I believe that only high-…
Per AI: "Assets like real estate (REITs, farmland), natural resources (timber, water rights, minerals), precious metals (gold), private equity/credit, collectibles (art, wine), music royalties, and some insurance-based products (Whole Life) have hi…
Gaudy? How about just plain in-your-face tacky?
What will these people do when they realize that their lives are worse, not better after sustained +3% inflation eats up their meager savings? After ACA is destroyed. After their Medicaid stops sho…
As The Washington Post’s slogan used to say, democracy dies in darkness. Today, darkness is closing in because a demagogue sits in the Oval Office and so much of America’s wealth and media ownership is concentrated in the hands of a few people easil…
If only our Supreme Court wasn't lined with Orange suckups and the US govt wasn't so completely toxic. Hopefully there will be a day when justice prevails.
We are at the very bottom rung in terms of govt corruption and "loyalist" infiltration.
US trading should be light this week as the holidays come into focus. The bull keeps its hold over bears (of which there are too many, perhaps?) and the turkey takes center stage.
Gobble gobble.
Maybe we just learn never to vote in another billionaire sociopath POTUS who lies with every breath?
Of course, for that to happen, the megadonors running the show would have to align their interests with the lower 99%. Hmmmmm.
A wave of Dem m…
A deep correction in AI stocks, if it ever arrived, could threaten the “wealth effect” that is doing so much to prop up the economy, Slok warned.
To keep the whole US economy from keeling over entirely, the markets (driven by Tech/AI) have to conti…
Elections have consequences that last a lot longer than a 4 year Presidential term -- life appointments of judges, long tenured Fed Governors, etc..
Let's add to that the isolationist policy that is straining the United States' international trade…
At least we don't have to deal with those pesky Canadians anymore. Don't need their business, eh?
Other countries are reducing trade with the US and re-routing their supply chain to China and other countries.
The "stable genius" strikes again.
Our supposed POTUS responded to a female Bloomberg reporter with "Quiet. Quiet, piggy" when asked about Epstein.
There was a time when that kind of comment could get you booted from your perch.
I miss such times.
Trump's "influence" over the markets has been greatly exaggerated, IMHO.
I don't know that Orange, Bessent & co. can really stem the tide once it goes out.
OJ, that's the major problem since Nancy Pelosi stepped down. Schumer is not a leader - he is not widely respected. Schumer cannot punch back.
The Dems don't have somebody with the balls that Nancy had. They better find that person. No AOCs,…
The benchmark of success has become the bare minimum to keep up.
I think inflation is creeping into the American psyche. Our dollars aren't going nearly as far as they used to. Lack of confidence in the regime makes us skittish.
Insurance (hom…
Felt good to hear quotes about how 47 is turning into a "lame duck president" less than 1 year into his second term.
We have other references for him, but I'll take this one! The tide is finally turning a bit more.
