don’t short too much 2 pm rate and Powell speaking  (but smc...

118407 : shot together till 600

10baggerbamm : all powell's going to do is have the same bullshit the data is not conclusive we need more data we have to view the data as it comes in and we will make decisions once we get the data.. I'm so fucking sick and tired of hearing the word data the only data I want to hear is on Star Trek the next generation. there's not going to be a rate cut this year treasuries are rising that has the same effect as raising interest rates the fact that treasuries are going up costs are going up it's the same exact output as if he raised the rates. and don't believe the lies of these politicians in office saying inflations coming down the marginal rate of the increase of the inflation rate is coming down but year over year and month to month it's trending higher. inflation measures the rate of change so prices are still going up by default they cannot affect rental prices by interest rate changes because the costs associated are going higher wages are going higher at every level so this just is an example of why Keynesian economics fails at every level and this shows you why recessions are engineered by design because you cannot stop a ship called the United States economy on a dime by using interest rates you overshoot one way or another and it has catastrophic results and they're lagging by 12 to 18 months from when you input a change.