https://www.bloomberg.com/news/arti...-kudlow-calls-for-fed-to-cut-rates-half-point
Panic has started in the WH
Panic has started in the WH
Kudlow Calls For 50 BPS Rate Cut!
- Thread starter Stockolio
- Start date
Oh geez...is Larry back on the coke?
Is he afraid the market might have a down day?
this happens when the TV personality cults like Kudlow becoming the economic advisers. he is supporting the new douchebag, Stephen Moore. buncha crooks.
Wait...hold on a second...I thought we were a long-way from neutral rates last October:
https://www.cnbc.com/2018/10/03/powell-says-were-a-long-way-from-neutral-on-interest-rates.html
And more recently, I thought the economy was strong:
https://www.cnbc.com/2019/02/12/fed...n-spreading-benefits-of-a-strong-economy.html
So we have a strong economy, but need to cut rates? Could it be because debt has reached an unsustainable level and cannot tolerate any kind of normalization? I want a real market. Not a market continuously propped up by the Fed and central banks.
https://www.cnbc.com/2018/10/03/powell-says-were-a-long-way-from-neutral-on-interest-rates.html
And more recently, I thought the economy was strong:
https://www.cnbc.com/2019/02/12/fed...n-spreading-benefits-of-a-strong-economy.html
So we have a strong economy, but need to cut rates? Could it be because debt has reached an unsustainable level and cannot tolerate any kind of normalization? I want a real market. Not a market continuously propped up by the Fed and central banks.
Either Kudlow and the crew are shorting the dollar or they have non liquid assets in a EM thats seing outflow of capital accelerating... If the dollar gets any stronger, some EM will have trouble paying back short term debt... It makes no sense what they just did, this is even worst then the munchkin calling Dimon in December asking about liquidity problems for Banks and leaking it to media
I agree...but how long can the world powers postpone it? Maybe we'll all be dead when the day of reckoning finally arrives.
No one knows of course, my guess is within few years. I think the catalyst will be China, debt levels and cross guarantees there are insane.