The Economy

33,641 Views | 669 Replies | Last: 19 hrs ago by DiabloWags
oski003
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DiabloWags said:

oski003 said:

DiabloWags said:



Not a 50% copper tariff

-IF IT WERE LOWER, YOU'D COMPLAIN THE TARIFF IS TOO LOW TO MOVE THE NEEDLE. YOU COMPLAIN ABOUT NEARLY EVERYTHING THIS ADMINISTRATION DOES.




See responses above in caps.


Wrong.
I'm afraid you're conflating again.

The 15% tariff on the EU for automobiles is indeed too low to move the needle.
Every single U.S. Auto CEO is on the record stating that.
I've maintained the same here in my posts.

The 50% tariff on Copper has nothing to do with increasing copper production.
It won't move the needle since it takes 29 years for a copper mine to come online.

A better permitting process would move the needle.
For example, it takes a copper refiner 5 years to come online.

PS. This Administration is full of "jack-asses" like Peter Navarro who don't have a clue.
I guess you and the other Trump supporters here still haven't figured that out yet.

Or can you tell me why we have a 39% tariff on Switzerland when they have no industrial tariffs on the U.S.
Zero. Nadda.

That PPI number today was just the beginning.
Who will Trump blame this on next?
Biden still?





So, you'd prefer a 50% on automobiles and a 15% on aluminum then?
DiabloWags
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oski003 said:

DiabloWags said:

oski003 said:

DiabloWags said:



Not a 50% copper tariff

-IF IT WERE LOWER, YOU'D COMPLAIN THE TARIFF IS TOO LOW TO MOVE THE NEEDLE. YOU COMPLAIN ABOUT NEARLY EVERYTHING THIS ADMINISTRATION DOES.




See responses above in caps.


Wrong.
I'm afraid you're conflating again.

The 15% tariff on the EU for automobiles is indeed too low to move the needle.
Every single U.S. Auto CEO is on the record stating that.
I've maintained the same here in my posts.

The 50% tariff on Copper has nothing to do with increasing copper production.
It won't move the needle since it takes 29 years for a copper mine to come online.

A better permitting process would move the needle.
For example, it takes a copper refiner 5 years to come online.

PS. This Administration is full of "jack-asses" like Peter Navarro who don't have a clue.
I guess you and the other Trump supporters here still haven't figured that out yet.

Or can you tell me why we have a 39% tariff on Switzerland when they have no industrial tariffs on the U.S.
Zero. Nadda.

That PPI number today was just the beginning.
Who will Trump blame this on next?
Biden still?





So, you'd prefer a 50% on automobiles and a 15% on aluminum then?


I'd prefer zero tariffs period on the auto industry.

The automobile industry has spent BILLIONS creating the most efficient and effective SUPPLY CHAIN of any industry on this planet. As a result, the consumer is offered more choice, at reduced cost.

This is Basic Econ. 101a

And it's why Ford Motor Company is getting hit with $2 Billion in costs this year.
That's not bullish for the American auto industry.

But we have a moron in the White House who believes that William McKinley was a genius.





oski003
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DiabloWags said:

oski003 said:

DiabloWags said:

oski003 said:

DiabloWags said:



Not a 50% copper tariff

-IF IT WERE LOWER, YOU'D COMPLAIN THE TARIFF IS TOO LOW TO MOVE THE NEEDLE. YOU COMPLAIN ABOUT NEARLY EVERYTHING THIS ADMINISTRATION DOES.




See responses above in caps.


Wrong.
I'm afraid you're conflating again.

The 15% tariff on the EU for automobiles is indeed too low to move the needle.
Every single U.S. Auto CEO is on the record stating that.
I've maintained the same here in my posts.

The 50% tariff on Copper has nothing to do with increasing copper production.
It won't move the needle since it takes 29 years for a copper mine to come online.

A better permitting process would move the needle.
For example, it takes a copper refiner 5 years to come online.

PS. This Administration is full of "jack-asses" like Peter Navarro who don't have a clue.
I guess you and the other Trump supporters here still haven't figured that out yet.

Or can you tell me why we have a 39% tariff on Switzerland when they have no industrial tariffs on the U.S.
Zero. Nadda.

That PPI number today was just the beginning.
Who will Trump blame this on next?
Biden still?





So, you'd prefer a 50% on automobiles and a 15% on aluminum then?


I'd prefer zero tariffs period on the auto industry.

The automobile industry has spent BILLIONS creating the most efficient and effective SUPPLY CHAIN of any industry on this planet. As a result, the consumer is offered more choice, at reduced cost.

This is Basic Econ. 101a

And it's why Ford Motor Company is getting hit with $2 Billion in costs this year.
That's not bullish for the American auto industry.

But we have a moron in the White House who believes that William McKinley was a genius.




That really wasn't an option but thanks.
movielover
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Cal88 said:

DiabloWags said:

movielover said:


CONTEXT

The Bond Buyer: Oklahoma incentives land a $4 billion aluminum smelter



The context is that this had NOTHING TO DO WITH TRUMP.

Gov. Stitt announces $4 billion aluminum smelter coming to Oklahoma | KGOU - Oklahoma's NPR Source


High tariffs on aluminum imports did not factor in?


The TDS Karen omits the breath of President Trump's actions.

THE CONTEXT:

1. Trump 1.0 - tariffs (2017-2020)
2. USMCA / slow down China dumping (end NAFTA)
3. Trump 1.0 - cut / reduced cumbersome regulations; some argue large savings, others say at minimum, there is predictability (key)
4. Trump BBB tax cuts
5. Trump's BBB Bonus Depreciation: The BBB has reinstated and made permanent 100% bonus depreciation for qualified property acquired and placed in service after January 2025
6. Trump tariffs 2.0 - worldwide reset
7. Upcoming USMCA sunset to be replaced by individual trade agreements, further closing China's access
8. Numerous domestic car companies are modernizing, adding shifts, and expanding facilities
9. Because of the above, GE Appliances is shifting production of appliances from China and Mexico to five Southern states: Kentucky, Alabama, Georgia, Tennessee, and South Carolina
10. DOGE team goal to cut 50% of remaining outdated regulations
11. New arms deals and Trillions in investments and commitments require raw goods
12. Real Wages are rising again
13. Lockdowns reaffirmed the advantages of domestic production

AntiochWags will always find a splinter to whine about. "Oh, 15% tariffs cause inflation!"

Next day, "15% tariff won't move the needle."
movielover
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DiabloWags
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movielover said:


AntiochWags will always find a splinter to whine about. "Oh, 15% tariffs cause inflation!"

Next day, "15% tariff won't move the needle."


You're not very bright.
That's why you always CONFLATE two different topics.

15% tariffs imposed on foreign autos won't "reshore" foreign manufacturers to the U.S.
Every American Auto CEO says this.

Duh.
DiabloWags
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U.S. Consumer still hanging in there.
July Retail Sales rise 0.5%

June revised to +0.9%
Had been +0.6%

Core retail sales (excluding autos, gasoline, building materials, and food services) increased 0.5% in July vs an upwardly revised 0.8% in June. June was previously reported at 0.5%

Lots of Revisions.
Gee, I hope someone doesn't lose their job over these UPWARD revisions.

For context . . .

Part of the rise in retail sales last month could be due to tariff-driven price increases, rather than volumes. Sales increased 3.9% on a YoY basis.
DiabloWags
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U.S. Industrial Production contracted by 0.1% in July.
Expectation was for unchanged.

This followed a reading of +0.4% in June.

Manufacturing output was unchanged after increasing 0.3% in June.

Capacity Utilization moved down to 77.5% in July.

For context, it's long run average (1972 - 2024) is 79.6%
movielover
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Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."



oski003
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movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago, but he PACO'd.
DiabloWags
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Once again, Moviover demonstrates that he has no idea what he's talking about.

Reserves were little changed at $3.3 trillion, according to the latest Fed data, suggesting balances are still in abundant territory.
DiabloWags
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movielover said:



"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market.


I see you're parroting more lies from an internet Trump "Kool-Aid" drinker.

Mortgage rates for a 30-year fixed are at 6.58
That's a 10 month low.

Mortgage rates are NOT over 7%.
Duh.
DiabloWags
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pski003 said:



Powell was going to lower rates a few weeks ago, but he PACO'd.


False.

Powell hasnt committed to lowering rates.
In fact, he steadfastly remains data dependent.
He's not one of Trump's stooges.

The data clearly shows that Trump's tariffs are kicking in and creating inflationary pressure.

The PPI for July released yesterday confirms this.
Try and keep up and stop lying about what Powell NEVER said.

Thanks.
movielover
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DiabloWags
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Did the Orange Man fire the person at BLS for the REVISION?
movielover
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bear2034
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DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?

Where do you get your TDS booster shots?

dajo9
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DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump
DiabloWags
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dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!


oski003
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DiabloWags said:

dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!





The lemmings would like to know when Captain Dementia predicts this bear market to happen. Do you have any insight?
DiabloWags
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oski003 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!





The lemmings would like to know when Captain Dementia predicts this bear market to happen. Do you have any insight?


Why bother?
I'm sure you'll just ride TESLA back down again.

oski003
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DiabloWags said:

oski003 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!





The lemmings would like to know when Captain Dementia predicts this bear market to happen. Do you have any insight?


Why bother?
I'm sure you'll just ride TESLA back down again.



When? After all, you implied it would be $175 by now.
DiabloWags
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For obvious reasons, this will be one of the bigger SHORTS on the board when the market turns.



DiabloWags
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oski003 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!





The lemmings would like to know ....


Lemmings dont know anything.

They just swallow everything that the Orange Man says. You of all people, should be familiar with this.
Just like Movielover.

Youve never criticized Trump once.
Not once.

Thats why you get OWNED so much.
You have zero credibility.

movielover
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Says the Insulter in Residence.
DiabloWags
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Its hard to have any respect for people that express themselves by posting tweets from an anonymous twitter account (aMuse) that they dont even understand.

You do that all the time.

Even with posts about FOMC Operations that you clearly know nothing about.


https://bearinsider.com/forums/6/topics/125946/replies/2527508


oski003
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DiabloWags said:

oski003 said:

DiabloWags said:

dajo9 said:

DiabloWags said:

Did the Orange Man fire the person at BLS for the REVISION?



All this about Powell is so magat brains can blame Powell for the upcoming economic debacle instead of Trump


Exactly.

They'll blame Powell for the coming Crypto Crash too.
Most of those "lemmings" who have a brokerage account at Robinhood have never seen a Bear Market.

Popcorn ready!





The lemmings would like to know ....


Lemmings dont know anything.

-SURE

They just swallow everything that the Orange Man says. You of all people, should be familiar with this.
Just like Movielover.

-I SUPPOSE SOME LEMMINGS DO

Youve never criticized Trump once.
Not once.

-FALSE

Thats why you get OWNED so much.
You have zero credibility.

-FALSE. SEE ABOVE.


See answers above. Thnx.
DiabloWags
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oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.


oski003
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DiabloWags said:

oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.




If you didn't have dementia, you'd remember that you already "roasted" me when I posted that.
dajo9
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DiabloWags said:

Its hard to have any respect for people that express themselves by posting tweets from an anonymous twitter account (aMuse) that they dont even understand.

You do that all the time.

Even with posts about FOMC Operations that you clearly know nothing about.


https://bearinsider.com/forums/6/topics/125946/replies/2527508





For magat brains posting from the approved tweeters is all part of the performative display. They dont know what they are posting. They dont need to. They just need to do the right performance.
DiabloWags
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Yup.
It's all part of the CON.
They are good little BOOTLICKERS.
DiabloWags
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oski003 said:

DiabloWags said:

oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.




If you didn't have dementia, you'd remember that you already "roasted" me when I posted that.


No dementia.

I just had to share with everyone here one more time HOW BIG OF A PATHETIC LIAR YOU ARE when you claimed that Powell was going to lower rates.

Why do you LIE so much?
Do you LIE to your wife too?

oski003
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DiabloWags said:

oski003 said:

DiabloWags said:

oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.




If you didn't have dementia, you'd remember that you already "roasted" me when I posted that.


No dementia.

I just had to share with everyone here one more time HOW BIG OF A PATHETIC LIAR YOU ARE when you claimed that Powell was going to lower rates.

Why do you LIE so much?
Do you LIE to your wife too?




I don't lie to my wife. She isn't a demented moron. Thnx.
DiabloWags
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oski003 said:

DiabloWags said:

oski003 said:

DiabloWags said:

oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.




If you didn't have dementia, you'd remember that you already "roasted" me when I posted that.


No dementia.

I just had to share with everyone here one more time HOW BIG OF A PATHETIC LIAR YOU ARE when you claimed that Powell was going to lower rates.

Why do you LIE so much?
Do you LIE to your wife too?




I don't lie to my wife. She isn't a demented moron. Thnx.


So why do you LIE here?
oski003
How long do you want to ignore this user?
DiabloWags said:

oski003 said:

DiabloWags said:

oski003 said:

DiabloWags said:

oski003 said:

movielover said:

Amusa@amuse: The Fed's Empty Safety Net: Powell's Reckless Gamble With US Liquidity

"The Federal Reserve's Reverse Repurchase Agreement (RRP) facility is not a household phrase, yet for years it has quietly functioned as a critical stabilizer for America's financial system. At its peak in 2022, this overnight cash lot held more than $2.5 trillion, money parked by large institutions in exchange for ultra-safe Treasury collateral, ready to be drawn down during periods of market stress. Today, that cushion has all but vanished. The RRP balance stands at just $57.49 billion, the lowest since 2021. This is not a natural development. It is the result of a conscious policy choice by Fed Chair Jerome Powell, whose refusal to cut interest rates has rendered the facility's yield uncompetitive, driving liquidity out of the Fed's reach and into riskier corners of the market....

"...For two years, this tool served as a shock absorber. As the Fed shrank its balance sheet through quantitative tightening, trillions flowed out of RRP rather than out of bank reserves. The ride was smooth because the buffer was deep. Now, with that buffer nearly empty, every additional dollar drained from the system will come directly from bank reserves. In mechanical terms, Powell has taken the suspension system off the car while still barreling down a pothole-ridden road."

"...The cost of his stubbornness is not confined to abstract market plumbing. It is hammering American families. Mortgage rates above 7% have priced millions out of the housing market. Car loans at historically high rates have put reliable transportation out of reach for many working families. Business credit has grown costlier, slowing investment and job creation. By keeping rates artificially high, Powell is not just draining the RRP; he is draining opportunity from the real economy...."

"...It is difficult to ignore the political undertone. Not a single economist employed by the Federal Reserve has made a political contribution to a Republican candidate in over 25 years, and almost everyone at the Fed is a staunch Democrat firmly opposed to Trump's agenda. By holding rates high deep into the first year of President Trump's second term, Powell's Fed is creating economic headwinds that act as a de facto rebuke of the administration's pro-growth agenda. Whether deliberate or not, the effect is the same: a central bank using monetary conditions to undermine the elected government's policies."






Powell was going to lower rates a few weeks ago but he PACO'd.


Sure he was.
Our mascot is DELUSIONAL.

Owned again.
Too easy.




If you didn't have dementia, you'd remember that you already "roasted" me when I posted that.


No dementia.

I just had to share with everyone here one more time HOW BIG OF A PATHETIC LIAR YOU ARE when you claimed that Powell was going to lower rates.

Why do you LIE so much?
Do you LIE to your wife too?




I don't lie to my wife. She isn't a demented moron. Thnx.


So why do you LIE here?



I don't. Why do you LIE here?

In all HONESTY, I find it very FUNNY that you would get so HYSTERICAL over a JOKE about Powell.
 
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