Fed Loco News Today

Jerome powell who has a very extensive background in the backing world. i think what we are seeing is a bull market correction. nobody really knows if this is the bottom or what it will do. earnings reports will be coming out and well see if it bounces back even better. >> it is not like he is speaking off on the cuff. he is straight up you wrong. >> the markets already priced in for rate hikes. so this is business as usual in my opinion. but i think with the president, getting involved and even...

Theres no reason for us to have emergency level interest rates if gdp is 4%, if you annualize this most recent quarter. if youre going to be somewhere even north of 3%, why would money be free. why would we want artificial stimulus. so thats been a process playing out for two years now. the fed has been gradually raising rates. its entirely in keeping with what the feds been saying and doing for ten years. which is using the data to justify why it should do something in any given meeting. >> so ...