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Careless rate cuts are a big recession risk for US: Strategist
- September 21, 2024
- 14 Comments
- Less than a minute
- 39 Views
- 3 months ago
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- by: @mandyyonge
- 3 months ago
As a soon retiree, keeping my $401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to $25Ok R0I in this current crashing market, any recommendations to scale up my R0I before retirement will be highly appreciated
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- by: @Gabber44906
- 3 months ago
How can this guy say the economy is doing ok? No one has any money! Housing unaffordable, labor sinking now a .50 signals recession.
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- by: @SarahGonzales-sk6tn
- 3 months ago
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 3%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
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- by: @andybuchanan4999
- 3 months ago
This line of thinking is… completely silly and that's putting it charitably. Classic causation vs correlation mistake. The reason 50 bp cuts have often preceded bad events is because they do it when they need to cut quickly – it doesn't cause that event.
Why did nobody say that raising 75 bps might actually make the inflation panic worse and therefore drive up inflation? That would be the same bad logic.
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- by: @johnrental7101
- 3 months ago
He just doesn't want his cd rates to go down.
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- by: @bobbyward2440
- 3 months ago
Take out government transfers and we are in one he'll of a weak economy. The strength of the economy can't be contingent on government spending
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- by: @Rhadoo89
- 3 months ago
If you only measure the economy by the amount of dollars spent, then yes, it's doing great.
But that's just because prices are way higher, not because there's a lot more goods and services being created/offered.
Measuring GDP in dollars doesn't really tell you much about the underlying economy. Just that a lot of money was spent. And a lot of that money was obtained through debt. -
- by: @jpscott126
- 3 months ago
The economy is smoking mirrors
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- by: @logosproclamation453
- 3 months ago
Sounds all great untill he start telling you how to invest and find a good portfolio manager. If you or just invested in S&P500 this last 10 years – returns 15%.
He and they can talk all they want, I will put my $ in S&P500. 88% of the time I will beat them all! I wish I made that decision 10 years ago. -
- by: @cloudthefaun
- 3 months ago
i wanna say something… we are in a silent recession… i have tons of evidence on why the unemployment rate is wrong … right now …. in the U.S the unemployment rate is up by 9.7 percent … also counting people who gave up on searching for jobs and are also unemployed
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- by: @populistprogressivenewswit4301
- 3 months ago
Yeah we should believe anything JPMorgan Chase says with their wonderful history. Is he mad at Federal interest rates might go down and they can't use that as a justification to price gouge?
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- by: @populistprogressivenewswit4301
- 3 months ago
No we need rate cuts so everyone can see that the federal interest rate was just an excuse for price gouging so the rich could get more money so stop lying to them
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- by: @TomEdwardi
- 3 months ago
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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- by: @yw419
- 3 months ago
Wan't JP Morgan stock down by 10% last week becuase of the expectation of falling interest rate? Why do we want to push their narratives on the interest rate?
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