FED left rates unchanged

[Charles West]

If banks' overnight lending rate is cut by .50 basis points, is the Nasdaq already priced for that, or will it move upwards impressively? I think .25 is baked in.

 

[gregb]

Leave the fed to do its job, some say.

https://www.cnbc.com/2024/08/12/vance-trump-double-down-on-presidential-influence-on-fed-policy.html

 

[Zoe]

It will take a little bit for the inflation and employment records to really show up in the market.

If inflation rates don't fall anymore soon, it will be hard for FED to do anything. Inflation was at like 8-9%.

Inflation has fell to like 1/2 of that.

Inflation may fall a little in next few months. They want it at 2% inflation rate.

They care about employment rates but they really want that inflation rate at 2%.

They put some major brakes on inflation.

It is most direct way to hit inflation is FED funds rate. It shrinks money supply. That is how inflation fell so quickly.

They have to be careful. Because so many banks and business and consumers and international investors are impacted by the fed funds borrowing rate.

Trust me many of these people and business borrow from the FED on a nightly basis. They loan to the FED some nights and borrow other nights. Some nights they are like we don't need to borrow from the FED or deposit with the FED reserve bank.

 

[Tom D]

Macy's decision to close nearly a third of its stores will spark change in malls and communities across the U.S.
The retailer said in late February that it plans to close about 150 of its namesake locations by early 2027.

Macy's closures will ultimately be a good thing for many malls and customers, said Chris Wimmer, senior director at Fitch Ratings who tracks real estate investment trusts. The department store's exit will accelerate the inevitable demise of "low quality malls that really don't need to exist anymore," Wimmer said. The closures will give the owners of healthier malls a chance to breathe new life and relevance into a shopping center.

The spokesperson for Walgreens has announced the company’s plan to close almost 700 branches throughout the country because of inflation costs.

 

[Zoe]

Macy's decision to close nearly a third of its stores will spark change in malls and communities across the U.S.
The retailer said in late February that it plans to close about 150 of its namesake locations by early 2027.

Macy's closures will ultimately be a good thing for many malls and customers, said Chris Wimmer, senior director at Fitch Ratings who tracks real estate investment trusts. The department store's exit will accelerate the inevitable demise of "low quality malls that really don't need to exist anymore," Wimmer said. The closures will give the owners of healthier malls a chance to breathe new life and relevance into a shopping center.

The spokesperson for Walgreens has announced the company’s plan to close almost 700 branches throughout the country because of inflation costs.

Amazon and ebay are a huge factor on that. Macy's retail space is not cheap rent.

They are usually located in some the highest retail rent space.

Compare that to Walmart. They buy their retail space. They don't rent it. They rent some of the space they buy to other renters.

 

[Terrel L. Shields]

Walmart is closing poor performing stores, too. Their Express concept stores were a failure despite making money. They didn't make enough money for the additional expense of having a small store and servicing it with their trucks. Most of the Express stores are now repurposed as Harp's groceries or as an Ace hardware. I know one that is still vacant, and one taken over by Dollar General - the only DG I know that sells gasoline.

Online will only grow. Delivery will only grow. And delivery by drone is likely to also grow in areas where crime isn't a big factor as porch pirates would be on the look out for drones otherwise.

 

[Sandra Koutsopoulos]

Remember Sears Roebuck & Co? A hundred years ago, you found that item that made your heart go pitter-patter in their catalog (Including Craftsman Houses), put in your order, and it was delivered to you. They were ahead of the times, digressed and went full-out retail store, and now their original concept is proving they were ahead of their time originally. In my youth, living on the farm, the Sears Catalog was always handy.

 

[Fernando]

It's the way capitalistic markets work. Companies come and go.
I was recently at a Dollar Tree and the parking lot was so full.
Is your Dollar Tree at $1.25 on most items. If so, that's a bargain price in Bay Area.

 

[Zoe]

Remember Sears Roebuck & Co? A hundred years ago, you found that item that made your heart go pitter-patter in their catalog (Including Craftsman Houses), put in your order, and it was delivered to you. They were ahead of the times, digressed and went full-out retail store, and now their original concept is proving they were ahead of their time originally. In my youth, living on the farm, the Sears Catalog was always handy.

Made best hand tools available. All made in USA. Guaranteed for life.

If one failed all you had to do is take it back preferably with receipt and they would say go get another one if we got it. Let me help you.

 

[Zoe]

My wife is prime Amazon member. They are good too about taking things back and/or swapping them out or giving you credit.