Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

‘They’ll chicken out’: Fund legend Rick Rule says the Fed won’t keep hiking rates aggressively to prevent ‘amazing damage.’
Yahoo Finance ^ | June 28, 2022 | Jing Pan

Posted on 06/30/2022 11:03:34 AM PDT by lasereye

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-31 last
To: SaveFerris

You will own nothing and be happy.


21 posted on 06/30/2022 11:27:01 AM PDT by EEGator
[ Post Reply | Private Reply | To 17 | View Replies]

To: EEGator

W Bush’s 2008 crash accomplished much of that.

Well, except for the happy part. 😜


22 posted on 06/30/2022 11:28:56 AM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
[ Post Reply | Private Reply | To 21 | View Replies]

To: SaveFerris

Lucky for me I was already broke then.
I didn’t have anything to lose.


23 posted on 06/30/2022 11:30:11 AM PDT by EEGator
[ Post Reply | Private Reply | To 22 | View Replies]

To: lasereye

There’s lots of lying balance sheets that could stand to have some amazing damage done to them.


24 posted on 06/30/2022 11:37:00 AM PDT by glorgau
[ Post Reply | Private Reply | To 1 | View Replies]

To: lasereye

Today is the end of the second quarter and the second consecutive quarter f a drop in th GDP groth rate. We will be declared to be in a formal recession.

The Fed knows of no other course but to raise interest rates, again

Stagnant economy, upward prices, uncurable economic turmoil.

An election might cure the market drop. It might improve the businessminds somewhat to see a glimmer at the end of a two year tunnel.


25 posted on 06/30/2022 11:37:04 AM PDT by bert ( (KWE. NP. N.C. +12) Promoting Afro-Heritage diversity will destroy the democrats)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EEGator
When are the second quarter numbers announced?

That comes from Commerce, Bureau of Economic Analysis. Release date for Q2 preliminary figures is the last week in July I think.

26 posted on 06/30/2022 11:51:49 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 18 | View Replies]

To: DoodleDawg

Thank you.


27 posted on 06/30/2022 11:54:21 AM PDT by EEGator
[ Post Reply | Private Reply | To 26 | View Replies]

To: lasereye

“it wouldn’t cure inflation until it did amazing damage to various balance sheets”

This is what their decisions are really about, protecting the “special” people and their balance sheets, versus stopping inflation from screwing over EVERY SINGLE PERSON in the country.


28 posted on 06/30/2022 12:17:27 PM PDT by Boogieman
[ Post Reply | Private Reply | To 1 | View Replies]

To: lasereye

They said the same thing in the beginning of the Reagan era while Volker was chairman. He had to lick inflation by proving them wronng. The inflation remedy was painful for only a short time because the Carter/Reagan regulatory and tax reforms soon began to grow the economy back.


29 posted on 06/30/2022 1:07:57 PM PDT by Socon-Econ (adi)
[ Post Reply | Private Reply | To 1 | View Replies]

To: lasereye

I am predicting two raises then a flip flop when chaos ensues.


30 posted on 06/30/2022 2:06:43 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
[ Post Reply | Private Reply | To 1 | View Replies]

To: EEGator

Yes


31 posted on 07/01/2022 12:42:43 PM PDT by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
[ Post Reply | Private Reply | To 10 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-31 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson