Powell does not see signs of bubbles brewing..WELL OF COURSE HE WOULD SAY THIS

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S2007S

Of course he wouldn't say markets are in a bubble. Why would any fed chairman say or admit the US economy is in a bubble. This is just foolish talk, everyone knows its after the crisis and collapse that they admit then reason for the day of reckoning. He is not going to put the longest bull market in history at risk now, so anything he say is going to be delightful, sweet, innocent and dovish.




https://www.cnbc.com/2019/11/14/powell-no-day-of-reckoning-coming-for-the-us-anytime-soon.html
 
A bubble is when asset prices reach a level that can't be remotely justified by even the most optimistic (reasonable) forecasts. The only major potential bubble I'm aware of is in private-market VC unicorn valuations - and the WeWork fiasco, as well as the string of busted IPOs this year, show the public markets remain fairly cautious/rational when it comes to these companies.

Government debt is not a bubble nor is it some kind of economic threat. It's possible that large government deficits might become an economic problem a number of years down the line, but at the moment it's entirely hypothetical.
 
They have no fu<King clue.




2008
2008
2008
2008


JANUARY 17, 2008 / 10:48 AM / 12 YEARS AGO
Bernanke: Fed is not forecasting a recession

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Thursday told lawmakers that even though the U.S. economy is facing a difficult combination of circumstances, the Fed is not forecasting a recession.

“The U.S. economy remains extraordinarily resilient,” the U.S. central bank chief said in answering questions after testifying before the House of Representatives Budget Committee.




https://www.reuters.com/article/us-...forecasting-a-recession-idUSWBT00818220080117
 
From the wallstreet Fu#King journal


No Recession in Sight
By
Mickey D. Levy
Updated Oct. 9, 2007 12:01 am ET

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Despite recent financial turmoil and a dismal housing market, there are key reasons why the economy will continue to expand, albeit at a modest pace, and not go into recession. Businesses are well poised to absorb a period of weaker product demand and are unlikely to significantly alter their hiring and investment behavior.


https://www.wsj.com/articles/SB119189253025952962
 
Whether these clowns do or don't know what's up.. I don't expect them to come and openly say anything that could negatively impact the market, as they know such a statement will hasten the inevitable, cause the decline in massive 401ks, and create hysteria.

Some bearish things
-Market value to GDP is 146%
-GDP is projected to slow down into 2020 and beyond

The bullish thing
-Fed is buying $60B assets /month into 2020 Q2, and just cut rates 3 times so thank them for the recent all time highs and collapse in volatility.

They used to just do the bullish things as a reaction to a recession, but now they are actively focused on "prevention". In other words, do these things before any downturn occurs, and perhaps downturn will never happen. Unchartered territory.

Anyhow, just one man's opinion, may be wrong or right
 
Specterx said:
Government debt is not a bubble nor is it some kind of economic threat. It's possible that large government deficits might become an economic problem a number of years down the line, but at the moment it's entirely hypothetical.
More...
You and nobody else can determine the tipping point when government deficits becomes an economic problem. It may happen tomorrow.

To say at the moment"it is entirely hypothetical" is the height of voodoo economics.
 
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