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2   Tenpoundbass   ignore (15)   2017 Mar 19, 8:46am     ↓ dislike (0)   quote   flag      

It's going to suck for the winners Obama hand picked.
The rest of us will get rewarded for the banks using our money. These rich bastards are going to have to pay us more to use our money. Good thing...
Or just stay out of the way as we make use of our money in an economy with healthy competition. Rather than the White House predetermining monopolistic players in every industry vertical.
It's going to be a win win for us. It will suck for Bezos and Asshole Musk for sure. They aren't king Dick anymore.

3   smaulgld   ignore (5)   2017 Mar 19, 9:07am     ↓ dislike (0)   quote   flag      

APOCALYPSEFUCK_is_ADORABLE says

LONG: YAMS!

The one safe assets- Yams, Canned or cold storage

4   someone else   ignore (0)   2017 Mar 19, 10:06am     ↓ dislike (0)   quote   flag      

The title is false.

She raised rates because the economy was accelerating.

5   Tenpoundbass   ignore (15)   2017 Mar 19, 12:14pm     ↓ dislike (0)   quote   flag      

The economy is and will continue to accelerate. The last administration rewarded Corporate Cash hoarders, with this President they realize that wont be the case.

7   Strategist   ignore (2)   2017 Mar 19, 12:39pm     ↓ dislike (0)   quote   flag      

rando says

It's true, the US economy is clearly accelerating.

Finally. Whose fault is it Zzyzzx?

8   BayArea   ignore (1)   2017 Mar 19, 12:55pm     ↓ dislike (0)   quote   flag      

Patrick is correct:

Wages start to rise. And the Fed, worried about inflation, starts raising interest rates to prevent the economy from overheating. ... The Fed cut its benchmark rate by five percentage points in response to the Great Recession.

(one of the few times you'll see me link this news oulet): https://www.nytimes.com/interactive/2016/business/economy/fed-raise-interest-rates-explained.html

9   someone else   ignore (0)   2017 Mar 19, 1:00pm     ↓ dislike (0)   quote   flag      

Employment and stock market for sure.

10   Strategist   ignore (2)   2017 Mar 19, 1:02pm     ↓ dislike (1)   quote   flag      

rando says

Employment and stock market for sure.

And the 3 major indicators:
Trump
Trump
Trump

11   smaulgld   ignore (5)   2017 Mar 19, 1:43pm     ↓ dislike (0)   quote   flag      

rando says

She raised rates because the economy was accelerating.

Not sure that is the case-
Helen Hayes from CNBC asked her why she was raising rates into a tired expansion- she had no good answer
Recent Data
Retail Sales 0.1%, Exp. 0.1% (poor)
Industrial Production Feb. 0.0%, Exp. 0.2% (poor)
Wholesale Sales -0.1%, Exp. 0.5% (poor)
Wholesale Inventories -0.2%, Exp. -0.1% (poor)
Average Hourly Earnings 0.2%, Exp. 0.3% (ok)

Atlanta Fed shows this:
https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1

12   smaulgld   ignore (5)   2017 Mar 19, 1:48pm     ↓ dislike (0)   quote   flag      

rando says

Employment and stock market for sure.

Stock market now has highest P/E ratios - Stock market is not an indicator of the economy, but rather Fed policy.
Growth over the past five years has been tepid but the stock market roared

13   smaulgld   ignore (5)   2017 Mar 19, 1:49pm     ↓ dislike (0)   quote   flag      

rando says

It's true, the US economy is clearly accelerating.

http://themiddleground.sg/2017/03/19/q1-economy-signals-brightening-outlook/

That article cited NO data to support the contention that the economy is accelerating!

14   RealEstateIsBetterThanStocks   ignore (0)   2017 Mar 19, 9:15pm     ↓ dislike (0)   quote   flag      

i think they raised rates due to the anticipation of inflation.

15   someone else   ignore (0)   2017 Mar 19, 9:36pm     ↓ dislike (0)   quote   flag      

Yes, because a rising economy generally leads to inflation.

16   anonymous   ignore (null)   2017 Mar 20, 7:27am     ↓ dislike (0)   quote   flag      

I think Yellen wants to leave Trump a shit sandwich before she gets ousted in a year. Other than the stock market, what data is out there that shows that the economy is kickin' ass all of a sudden?


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