oldngray
nowhere special
Thanks Cramer
It's true. They will probably cut it a quarter percentage point but might wait awhile
At his news conference the other day Powell mentioned that it could be as long as 18 months before there's a rate cut. We'll find out in July. In addition I've heard several analysts say that they believe the trade war with China could drag on for years before there's an agreement. Still want to chase the market?
They will cut the rates before the next election to give the market a boost. I don't chase anything, have a steady investing plan with a well diversified portfolio
Same here but have moved more toward Treasury ETF's and blue chip preferred's .
oldngray
nowhere special
They raised rates too much too fast after years of doing nothing. A cut will just drop them back down where they should have been.
They raised it a few months ago when the data seemed to indicate that we would reach the Fed's goal of 2% inflation rate. Looks like now we're not going to get there along with growing signs of a recession. While you might see a 25 basis point reduction in July or this fall it will fall short of the markets demand for a 50 point cut.
Jkloc420
Do you need an air compressor or tire gauge
They are not cutting until next year
I agree
Jkloc420
Do you need an air compressor or tire gauge
There as been a lot of flooding and that causes economic problems which is reflected in the data. Things will be fine
Unless another Black Swan event happens.
Non sequitur
Well-Known Member
Nailed it
Jkloc420
Do you need an air compressor or tire gauge
you will learn
Perhaps
Jkloc420
Do you need an air compressor or tire gauge
now is a good time to get a house with mortgage rates at like 3.30 percent
It sure is. Mind is paid off and I'm not looking for another one.
I'm building him a tree house on the back yard.
Old Man Jingles
Rat out of a cage
That's a UPS slogan!
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