The Fed needs to reinforce “ Personal Responsibility “

[murray t turtle]

Last time I looked The Fed had TWO hard enough responsibilities 1) Employment and 2) Price stability. Those two are hard enough as it is.

The Fed like the Judiciary, has to at least try to be non-Political. Start getting involved in that other stuff and you start walking down a very slippery slope.

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I think the current Fed head JP is better than 1974 Arthur Burnsseig [aka Arthur Burns]
Even though Mr Burns never did really explain the $6,300 $100 bills with consecutive seriel numbers@ Watergate. In a perfect world, maybe JP should have warned Iran about oil tanker theft??Maybe the NaVy seals or Green Berets or Red Beret Rangers asked him not to. LOL, dont know
Cant really blame the Fed for a bull market; US stock market went up 100 years before Fed was formed.
Usually if the press hates someone its a real good sign + positive plus\ unless the president is a crooked plywood ..... price fixer\meddler.

 

[Businessman]

Cant really blame the Fed for a bull market; US stock market went up 100 years before Fed was formed.

Not blaming the Fed for bull markets, more blaming them for not letting the markets crash hard more often

Not to say you cant make money trading without those kinds of market crashes, just that when you get them you can make large windfall profits in a very short amount of time, which is alway nice.

 

[murray t turtle]

Not blaming the Fed for bull markets, more blaming them for not letting the markets crash hard more often

Not to say you cant make money trading without those kinds of market crashes, just that when you get them you can make large windfall profits in a very short amount of time, which is alway nice.

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Looks like the FED doesnt like oil companies , much this year;
or maybe that just the markets in 2023.Slo mo crash=downtrend