This is getting tiring. The Federal Reserve isn’t going to jack up rates, jackass, because they cannot. Listen to me for the 10,000th time: if the Fed raises rates, it will be responsible for completely destroying a wide basket of foreign currencies, and by extension, hurting US multi-national firms. Are you even monitoring the rout in the euro vs the dollar?
It’s like the media is filled with catamite idiots, the dumbest varietal of human being. There isn’t a basis to raise rates, not now, not ever!
Pray tell me, why should the Fed raise rates, aside from the moronic idea that we need “bullets” for the next crisis?
All European yields are at RECORD LOWS. Negative yields persists and King Dollar reigns supreme. WE DO NOT NEED TO FUCKING TIGHTEN WHEN INSIDE A DEFLATIONARY VORTEX!!!
As an aside, INTC just warned thanks to currency fuckery. Banks look good and the market is set to bounce, as predicted, yet again, by The PPT.
SHOMP.
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Low rates are deflationary though…
What!?
High rates are deflationary because they push people into bonds and reduce velocity. Low rates are deflationary because money isn’t generated to be put in the economy.
Buy a negative yielding bond and tell me how much cash flow you can use to buy other things.
INSANE, YOU ARE
Hard to believe there can be much inflation without higher wages chasing goods.
I don’t care what the unemployment rate shows but there are plenty of part timers who can’t find a decent full time job and a record number have dropped out of participating in the economic job hunt all together.
Plenty of low wage $10/hr jobs available.
I would argue, just as the velocity of money matters more than supply, it is the change in yield that matters to create short term inflation. Although I will maintain my arguments about extreme rates being deflationary on both ends, raising rates contributes more to deflation and lowering rates inflation due to the adjustments in investment. If the fed raised rates and then said more rate hikes are in the future, deflation would occur as people moved into bonds and out of riskier investments. That is why QE should only be used to reflate the economy in a short term manner because people no longer are actively moving money in or out of risk assets in a steady state interest rate scenario at which point extreme deviation in the expected interest rate cause long term deflation as I noted before.
NONSENSE
How’d QEIII do for economic growth and inflation?
Land US troops on the shores of Russia, China, Brazil, India, and of course Mexico. Just as the Fed announces the first tightening, invade.
Brooklyn Janet will pass again in June?
100%
I like $AFSI right here and now.
The fed will not raise rates until unemployment is down and inflation appears. When the economy improves the market will go up.
A real conundrum..FEYE or LL ??
So much for HABT. I know, they are profitable and are better positioned than SHAK. I wish they could step out of SHAK’s shadow, because HABT is playing second fiddle (undeservedly).
All fast casual chains encounter strong headwinds when they venture outside of their home bases. Shake Shak is perfect example. Lots of marketing dollars needed to establish identity in new turf. Competition is brutal as we are witnessing. HABT is not better positioned.. just different strategy.
As more countries (S Korea last night)lower their rates this effectively leaves the US with “higher” rates
Once the emerging mkt currenciess are decimated, energy barons from the US will swoop down and take over their oiled and gassed fields once again. Then when energy inflates the Fed can think about raising rates. $9.00 hamburgered jobs are not inflationary.
The fear of inflation crowd is starting to me think of gold bugs. Is that the same crowd? Maybe in different bunkers….
That video was cool! Anyone with a space blimp wins.