Fed will cut rates in November to 'save face': SEI CIO
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A 50 bps cut is necessary in November as long as they keep shrinking the balance sheet
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Inflation is a killer for the middle and lower class. It's time for monetary policy to prioritize working-class economic stability over Wall Street's interests and political agendas.
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It’s time for the SEC to get involved regarding the treasury yields going up since interest rates being lowered! That’s not the way it works, I invested $100k 3 days before rates were lowered and I have lost a lot of money! Something stinks!!!
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Face it guys, Powell should not have cut 50 points, he might try and save face but then we have a real problem with a looming recession and if Trump wins this will look like election interference by the deep state yet again.
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Easy interest for 15 years was the cause of high inflation, the increase in the income divide, the housing issues, the massive wasteful corporate and government spending, the decimation of the social security trust fund, the theft of the savings of the common worker by the banks. Easy money is destroying America. Do not lower rates, they are at historic average right now
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Clearly the cuts don’t make this guy happy..
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They will cut rates to try to save the job market!
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video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
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ayo give papa jp some credit damn dude
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!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.
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HE HIT IT!
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