Giant Rate Cut Today By Feds Coming

[glenn walker]

Wall street says Federal Reserve going to announce rate cuts as soon as this afternoon and inject liquidity into the markets. Let's get this bad boy going.

 

[Non Sequitur]

Low mortgage rates from tariff pain? Don't count on it.

https://finance.yahoo.com/news/low-mortgage-rates-from-tariff-pain-dont-count-on-it-163127106.html

 

[Terrel L. Shields]

As of February, builders had completed some 119,000 homes that weren’t yet sold. To lure buyers, they’re dangling incentives like mortgage rate buydowns, closing cost credits, and money toward upgrades. In some cases, they’re slashing prices altogether, something they usually try to avoid because it hurts earlier buyers.​

Well, what happens now?

 

[glenn walker]

Buy those rates down to 5% and get the markets going.

 

[Essexfenwick]

Trump tariffed China 20 percent before

Zero inflation

 

[glenn walker]

We have to kick China while we have a chance. They have us by our balls and got consumers addicted to buying cheap junk and we allowed this to grow and grow for 35 years. Now it's time to suck it up like Paul Volcker had to do in 1979 era. He crippled the bond markets and wall street fir a few years but broke the beasts back
I think 12 months of some pain but get Americans back to America first and build this crap ourselves. NAFTA really was a big sucking sound and China's worse.

 

[Non Sequitur]

Well, best laid plans.........

 

[glenn walker]

Feds flooded the markets with liquidity?

 

[Alsie35]

Now that the market is up by 10% - IN ONE DAY - I don't know about those rate cuts. You can't make this stuff up.

As Scott Adams pointed out a decade ago, the economy is a "psychology engine". And NO ONE can pull its levers like Donald. John. Trump.

You have been watching him bending reality to his will - IN REAL TIME - right in front of you, for the past week. There was never one like him before and never will be again - so ENJOY THE SHOW!!!

 

[Zoe]

FED reserve wants that inflation rate at 2%. You can forget everything else. Trump has no control over the Fed reserve bank.

Fed reserve bank wants inflation at 2%..