sounds to me like he hinted that short-sellers win.. you guys on the RIGHT can't take a post on its merit, you have to spin it into something you can attack. fucking Juveniles.. Originally Posted by Chung Tran
- eccieuser9500
- 08-16-2019, 07:02 PM
- Tiny
- 08-23-2019, 12:41 PM
While monetary policy is a powerful tool that works to support consumer spending, business investment, and public confidence, it cannot provide a settled rule book for international trade.
Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States.
-Jerome Powell, Fed Chairman, at Jackson Hole today
As usual, the Fed did NOTHING! It is incredible that they can “speak” without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the U.S. will do great...
My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?
-Donald Trump's response to Chairman Powell
WTF? What does Trump expect? His tariffs are pushing up prices of imported goods, and thus inflation. They're also slowing GDP growth. So the Fed's stuck between a rock and a hard place. They raise interest rates because of inflation and the economy potentially goes into recession. They lower interest rates and inflation potentially goes into overdrive. This is a problem of Trump's own creation.
Trump says the Fed did nothing. Of course not, the Fed wasn't having a meeting. Powell was at a conference of central bankers from around the world. His comments caused some to believe an interest rate cut in September is now even more likely. What Trump really means is he's pissed off because of Powell's comments about trade.
Trump subsequently tweeted:
Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States.
I hope Mnuchin and Kudlow can talk some sense into him before this afternoon. Raising tariffs again and tearing asunder logistics chains that U.S. companies depend on for parts and materials because he didn't like what the Fed chairman said is not a good strategy going into a potential economic slowdown and an election.
The Dow dropped 550 points in response to Trump's tweet storm this morning.
Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States.
-Jerome Powell, Fed Chairman, at Jackson Hole today
As usual, the Fed did NOTHING! It is incredible that they can “speak” without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the U.S. will do great...
My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?
-Donald Trump's response to Chairman Powell
WTF? What does Trump expect? His tariffs are pushing up prices of imported goods, and thus inflation. They're also slowing GDP growth. So the Fed's stuck between a rock and a hard place. They raise interest rates because of inflation and the economy potentially goes into recession. They lower interest rates and inflation potentially goes into overdrive. This is a problem of Trump's own creation.
Trump says the Fed did nothing. Of course not, the Fed wasn't having a meeting. Powell was at a conference of central bankers from around the world. His comments caused some to believe an interest rate cut in September is now even more likely. What Trump really means is he's pissed off because of Powell's comments about trade.
Trump subsequently tweeted:
Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States.
I hope Mnuchin and Kudlow can talk some sense into him before this afternoon. Raising tariffs again and tearing asunder logistics chains that U.S. companies depend on for parts and materials because he didn't like what the Fed chairman said is not a good strategy going into a potential economic slowdown and an election.
The Dow dropped 550 points in response to Trump's tweet storm this morning.
- Levianon17
- 08-23-2019, 01:11 PM
The economy was great under Clinton..a lot had to do with the Dot com boom though. Thing were great under Reagan...if you were working for a Defense Contractor. Originally Posted by matchingmoleHow did the Economy get so great under Clinton and Reagan? Heres a hint, see if you can figure it out. George H. Bush, Clinton, Oliver North and the lynch pin to the equation Barry Seal.