Loading ...I’ve been kinda sick for awhile but on antibiotics for pneumonia a couple days now to get the energy for more tests my doctor wants but not going to wait around. Feeling a little better today. Kinda Less coughing and pain it causes.
Don’t forget tarriffs either.
I looked up third eye today a few minutes ago who can follows it better without distractions. Good timing. He had a lot to say.
Although I could add as far as including adding housing in inflation data vs Europe who doesn’t Powell was part of that buying up mortgage backed securities and leaving zero interest loans for Wall street buying them up. Now using it to keep rates up and fixed it so affordable cost will never go down seems what they were up to. Here’s what third eye said. I’ll try to send a couple of his charts in a minute. If not I won’t lol
7-9-25 5:34am Powell is the worst FOMC Chair in USA history. He’s costing us all so much money. This narcissist won’t leave on his own. Plus he’s controlled by Elizabeth Warren. They both hate Trump and are holding rates high to F with Trump’s economy. THERE IS NO INCOMING INFLATION, that’s a ruse to justify high rates longer. Europe EXCLUDES COSTS OF SHELTER. If that were done in USA, the core inflation rate is 1.9% with rates at 4.5%. Europe had ten .25bps rate reductions. Their HICP (core minus shelter) is 1.9% with their rates at 2.5%. THE FED IS PURPOSELY 2 POINTS HIGHER TO KILL THE TRUMP ECONOMIC BOOM into the mid-term elections. The entire board should be fired for their left-leaning partisan stance on rates. The USA overnight rate, to be equal with Europe, should have already been at 2.5%. The Fed, if not partisan (they’re not), would have continued with seven rate cuts by now from Trump’s election. See how they work? Both Bitcoin and the S&P 500 index are carving large inverse right shoulders. They are waiting for Powell to crumble under pressure, or be outright fired for lying to the Senate regarding their $2.5B building upgrades. Sure, they’re so concerned about the little guy. They’re not.