Supposedly PCE, price index on consumer expenses......
Tongue in cheek they are looking at something that is disconnected from reality.
The FOMC has no spine.
- Thread starter Rickshaw Man
- Start date
Tongue in cheek they are looking at something that is disconnected from reality.
PCE. They also consider other items. You can read the beige book.
All of the wrong ones.
Which statement???
Not to rain on anyone's parade but sleepy Joe has barley had a chance to false flag cyber attacks against big oil and big beef. He's barely had enough time to concoct a global death news production regarding the global environment. Hes only sunken or ground two cargo ships so far. He's barely had a chance to massively hike taxes and wages. He cant be expected to endure a rate hike this soon in his narrative. My god man...its pride month. We got a parade to think about.
Looking at the first months of his term, I would say we got some serious crazy screwed up sht that's still yet to happen before ole sleepy Joe finally gets to the realization that inflation might be an issue in this mixed up world of his...
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Ah... polytics
by that logic, Powell is a Trumper, who just happens to head the FOMC
I had to squeeze that in. But yea, I will refrain from here out. It doesn't help the clear headed trading. It was kinda more humor than politics...but your right.