PrettyDislikeMachine
PrettyDislikeMachine t1_je9xdo9 wrote
Reply to comment by jcodes57 in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv
Remember when JPOW said rates would stay ultra low for a long time?
PrettyDislikeMachine t1_jaetl1i wrote
Reply to comment by DarkElation in Fed might raise policy rates to 6% - BofA by Broiler100
When did they use seven months of monthly data and got 0.8%?
PrettyDislikeMachine t1_jaetgwk wrote
Reply to comment by BugTotal6212 in Fed might raise policy rates to 6% - BofA by Broiler100
The last seven months inflation annualized is 3.25%, while the fed rate is 4.75%, so they are already there. YoY inflation will be below 4.75% by June due to base effect.
PrettyDislikeMachine t1_jaesg6j wrote
Reply to comment by Dozekar in Fed might raise policy rates to 6% - BofA by Broiler100
How do you magically project the inflation rate? Because the last seven months annualized is 3.3%... that quite a bit lower than the current 4.75 overnight rate.
PrettyDislikeMachine t1_jaelq3x wrote
Reply to comment by n1ck90z in S&P 500 is overvalued; risk-reward unattractive at current levels - JPMorgan By Investing.com by Insider_Research
Canada's banks have chief economists that rehash what is already public knowledge via Bank of Canada minutes (our Fed) and statistics data. I ask myself... how much are these guys getting paid for what really is just a marketing stunt? And how much less would I be paying in bank fees if they removed them and their respective teams that provide zero value?
PrettyDislikeMachine t1_j6jdpvd wrote
Heavily regarded. Inflation is not coming down because that is not the objective... deflation is a big no-no. Let's look at the last six months... it's up 0.9%... times that by two to make 12 months... you've got 1.8% annualized.
Source: https://tradingeconomics.com/united-states/inflation-rate-mom
PrettyDislikeMachine t1_iyd8h81 wrote
Reply to comment by Wisesize in Powell Speech Preview: Markets Seeking First Dovish Tilt As Rate Bets Fade, Dollar Retreats by cryptoplatforms
It takes 18 months+ for fed rates to impact the economy.
PrettyDislikeMachine t1_je9xj2m wrote
Reply to comment by ItsDijital in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv
Inflation adjusted, the market is down 20% YoY. I'd say that's pricing-in a mild recession.