Likely market direction if the fed is fired?

That's an interesting question. The markets hate any type of disruption, but I think they would love a Fed chairman that would champion lower rates. So my best guess is that the move would be a net positive for the markets overall.

All that being said, I doubt that Trump tries to fire Powell. He complained about Mueller 24/7, but he ultimately let him do his job. I think he'll do the same thing with Powell. You never know though. He's a touch unpredictable. ;)

I understand why Trump is upset with the Fed. They raised rates a grand total of once between Obama's inauguration and the 2016 election. Since the election, they've raised rates 8 times. But you can't put that on Powell. He's just playing catch-up because his predecessor didn't do her job properly.
 
LS1Z28 said:
That's an interesting question. The markets hate any type of disruption, but I think they would love a Fed chairman that would champion lower rates. So my best guess is that the move would be a net positive for the markets overall.

All that being said, I doubt that Trump tries to fire Powell. He complained about Mueller 24/7, but he ultimately let him do his job. I think he'll do the same thing with Powell. You never know though. He's a touch unpredictable. ;)

I understand why Trump is upset with the Fed. They raised rates a grand total of once between Obama's inauguration and the 2016 election. Since the election, they've raised rates 8 times. But you can't put that on Powell. He's just playing catch-up because his predecessor didn't do her job properly.
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typical Trump style on Mueller and the Fed.

I think the idea has burnt so deep into him after decades of doing biz deals, in his eyes everything is a negotiation... and he's gonna start in every negotiation by asking for the maximum.. then give up pieces here and there to get the deal done... that's been the path of almost everything he's done so far as potus.

on Mueller though - I wonder if there is a strategic move not to 'investigate the investigators' sooner.... it's just started but sure could have been done long ago... perhaps he just wanted the Dem's to chew on the nothing burger for a bit longer.... and now Pelosi and company is stuck and has no way out of it.... they sure can't just admit defeat, that would be a public opinion disaster.... so now they have to keep going..
 
dozu888 said:
on Mueller though - I wonder if there is a strategic move not to 'investigate the investigators' sooner.... it's just started but sure could have been done long ago... perhaps he just wanted the Dem's to chew on the nothing burger for a bit longer.... and now Pelosi and company is stuck and has no way out of it.... they sure can't just admit defeat, that would be a public opinion disaster.... so now they have to keep going..
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Please let's try to keep the thread on topic and not derail it with wacky conspiracies.
 
Here4money said:
Please let's try to keep the thread on topic and not derail it with wacky conspiracies.
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ok officer....

then I ran into this tweet and just had to keep hijacking this lol

https://twitter.com/x/status/1155553614254862336

see - this is what I was talking about, not only in the sense of a 'wacky conspiracy'.... but also this is the reading skills that make 'trading is easy' possible.

reading political games is quite similar to reading the stories unfold in the markets...

and by the way to get back to the thread - no the gold standard will never happen, so don't worry about it.

EDIT - didn't realize the tweet was actually a live feed, but he was talking about exactly the same thing - Trump let the nothing burger completely play out, then mount the counter strike.
 
dozu888 said:
ok officer....

then I ran into this tweet and just had to keep hijacking this lol

https://twitter.com/x/status/1155553614254862336

see - this is what I was talking about, not only in the sense of a 'wacky conspiracy'.... but also this is the reading skills that make 'trading is easy' possible.

reading political games is quite similar to reading the stories unfold in the markets...

and by the way to get back to the thread - no the gold standard will never happen, so don't worry about it.

EDIT - didn't realize the tweet was actually a live feed, but he was talking about exactly the same thing - Trump let the nothing burger completely play out, then mount the counter strike.
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anytime a thread turns political it gets moved, that's why I'd rather not sidetrack it with the latest irrelevant theories from Qanon.
 
not one person here can just answer someones question!
UP of course. up since it shows just how n charge trump is of it all and he will appoint the new fed chair who will be even more of a dove and an better puppet. UP up up right after it goes down to fool you and it will fool you.. i will buy this dip of course. thank for the liquidity in advance
 
Trump will NOT fire Powell. But he will troll him mercilessly.

It’s clear to the Fed that Draghi and the ECB are using interest rates and stimulus to affect FX rates in order to compete against the US. The ECB already has negative rates and they intend to lower them further. And the Euro has been weakening vs the Dollar which is exactly what Draghi intends. The Fed is playing catch-up.
 
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