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Keyword: fed

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  • Q Anon: (3/5/18) Continued from Friday's thread. FRiendly Freeper Collaboration

    03/05/2018 12:05:20 AM PST · by ransomnote · 1,394 replies ^ | March 5, 2018 | FReepers, vanity
    This thread is a friendly collaborative place for FReepers to analyze information and share opinons. FReepers have a wide variety of reasons for investigating Q Anon content; this is not the appropriate place to criticize or badger those who choose to use some of their time in this manner. This thread is a continuation of the prior Q Anon thread located here: I plan to post one thread at a time and ping new drops posted to it. The current schedule is to post new threads Monday, Wednesday, and Friday. When I post each (new) thread, the prior thread...
  • Whatever Jerome Powell said, Wall Street heard ‘rate hike’

    03/01/2018 9:53:49 AM PST · by SeekAndFind · 8 replies
    New York Post ^ | 03/01/2018 | John Crudele
    Jerry Powell apparently doesn’t get it. The new head of the Federal Reserve isn’t supposed to imply that he doesn’t work for Wall Street. And he’s not supposed to say, as he did the other day in front of Congress, that “we don’t manage the stock market — we manage stable prices and maximum employment.” That’s not what Wall Street and the stock market want to hear. And that was proven by the fact that the stock market dropped sharply on Tuesday when Powell was speaking. And Powell’s comments were one of the reasons Wall Street’s pros couldn’t get a...
  • Powell hints that the Fed will raise interest rates 4 times in 2018

    02/27/2018 8:36:53 AM PST · by SeekAndFind · 58 replies
    Yahoo Finance ^ | 02/27/2018 | Myles Udland
    Federal Reserve chair Jerome Powell moved markets on Tuesday in his first appearance before lawmakers on Capitol Hill since his confirmation. In response to questions from Rep. Carolyn Maloney (D-NY), Powell hinted that more aggressive action on raising interest rates from the Fed could be warranted this year. “At the December meeting, the median [FOMC] participant called for three rate increases in 2018,” Powell said. “Now since then, what we’ve seen is incoming data that suggests a strengthening in the economy.” Following this comment, stocks — which had been higher as Powell began speaking and answering questions — moved lower...
  • The Markets Point Toward Economic Strength: Central Banks Try to Curtail Their Outsize Influence

    02/07/2018 8:13:25 AM PST · by SeekAndFind · 7 replies
    Wall Street Journal ^ | 02/07/2018 | By Jason De Sena Trennert
    The pullback in stocks the past two trading days is both long overdue and healthful. But after nearly a decade of easy money engineered by the Fed and other central banks, is the sell-off in the bond market simply a short-term tantrum? Or is it the start of a secular bear market in bonds, due to higher inflation, that can only end in tears? If one thinks about interest rates as simply the price of money, one could argue that the correction in stock prices would be more worrisome if accompanied by significantly lower bond yields than higher ones. In...
  • Market “Earthquake Is Coming” – Icahn Warns “A Lot Of People Will Pay The Price Like In 1929”

    02/06/2018 3:41:06 PM PST · by blam · 63 replies
    Newz Sentinel ^ | 2-6-2018
    Billionaire investor Carl Icahn spoke to CNBC via telephone this morning and had some very ominous warnings after what he has seen in the last few days. Reflecting on the market’s moves recently, Icahn shocked the anchors by saying: “This is something we’ve never seen before… I don’t remember ever seeing a market with this kind of volatility over two weeks.“ “The market has become a much more dangerous place [due to index funds and ETFs]… it’s like 2008 where everyone was buying mortgages and CDS.” Concluding that: “Passive investing is the bubble right now.” “There is going to be...
  • One of Wall Street's most-followed forecasters has a wild new prediction for US economy (Above 5%)

    02/01/2018 2:31:04 PM PST · by SeekAndFind · 4 replies
    Business Insider ^ | 02/01/2018 | Akin Oyedele
    * The Atlanta Fed's GDPNow model forecasts 5.4% gross domestic product-growth in the first quarter. * That's much higher than what even the most bullish economists expect, but is based on only one month's worth of data for the quarter. * Many economists expect the economy to grow closer to 2.5% through 2019. One model that forecasts the US economy's performance could shock even President Donald Trump if it ends up being accurate. The Atlanta Federal Reserve's GDPNow model projects that gross domestic product would increase at a 5.4% annualized rate in the first quarter. The last time the economy...
  • DOW Takes a Dive while Feds Probe Apple Over Intentionally Slowing Down Older iPhones

    01/30/2018 1:10:56 PM PST · by davikkm · 23 replies
    iWB ^ | Chris Black
    Dow took a dive on Tuesday, plunging 400 points, thus marking its biggest point drop since 2016, when it fell 610 points in June. Due to investors’ fears of higher than expected inflation, the 10 year Treasury yield traded near levels not since since 2014. On Tuesday, the S&P 500 fell 1.2%, the Dow Industrial Average pulled back 400 points, while the NASDAQ composite lost 1.1%. This is the second day in a row US stocks traded significantly lower than expected, marking the first big selloff of 2018. On Monday, the DOW lost 177 points due to the rise in...
  • This Noted Statistics Expert Says Inflation In 2018 Is Way Higher Than They're Telling Us

    01/23/2018 11:58:08 AM PST · by sloop3 · 29 replies
    Free Market Central ^ | 1/23/2018 | Free Market Central
    How much inflation are we really seeing today, and is it likely to rise further as the Fed “unwinds” its Quantitative Easing securities purchases, and a more active economy pushes up wages and prices? Free Market Central put these questions to economist John Williams, whose ShadowStats alternative economic indicators are featured on our home page. Williams has long insisted that federal economic statistics do not tell the whole story. For years, he explains, the government has been gaming the numbers. Not only is inflation understated; given current trends, it’s only going to get worse.
  • Shhh! Census Worker May Have Committed Suicide

    11/06/2009 11:43:31 AM PST · by Free ThinkerNY · 22 replies · 2,076+ views ^ | Nov. 6, 2009 | Rusty Weiss
    Remember the case of the Census worker who was found hanging from a tree with the word ‘fed' scrawled across his chest? You remember - he died at the hands of right-wing commentators and anti-government tea partiers. He was killed because of an overwhelming case of right-wing paranoia. He was murdered by Glenn Beck, Rush Limbaugh, Michelle Bachmann, and Fox News. Keep this quiet though... While the death of Bill Sparkman was a media sensation for pushing anti-conservative sentiments just a couple of months ago, it is receiving little to no coverage currently. Why? Because, as investigators have recently speculated,...
  • If The Feds Grab Your Land, Why Can't You Get A Jury Trial On Compensation?

    12/22/2017 1:36:54 PM PST · by reaganaut1 · 25 replies
    Forbes ^ | December 22, 2017 | George Leef
    In 2009, the federal government decided to take property from Kevin Brott and other landowners in Michigan for a recreational trail. That was done under the Trails Act, which allows the government to turn abandoned railroad lines into hiking trails. There is nothing inherently wrong in that, but under the Fifth Amendment, whenever government takes private property for public use, it is required to pay the owners just compensation. The problem is that under federal statute (the Tucker Act), property owners are only allowed to submit their claims for compensation to the Court of Federal Claims (CFC) if the amount...
  • Yellen: $20 trillion national debt 'should keep people awake at night'

    11/29/2017 12:12:00 PM PST · by DCBryan1 · 92 replies
    CNBC ^ | 29 NOV 17 | Jeff Cox | @JeffCoxCNBCcom
    With Congress wrestling over a tax reform plan that critics say would explode the government budget deficit, Federal Reserve Chair Janet Yellen said she also is concerned over the surging level of public debt. A Senate committee passed the GOP-sponsored proposal, which would slash the corporate tax rate and lower individual income rates for many Americans.However, the price tag of the plan is in the area of $1.5 trillion at a time when the Congressional Budget Official already is projecting a deficit of more than $1 trillion in the years ahead and with the total debt level at $20.6 trillion...
  • Why Jerome Powell is the 'boring' choice for Fed chair, but the best for the stock market

    11/02/2017 7:18:05 AM PDT · by SeekAndFind · 2 replies
    CNBC ^ | 11/02/2017 | Patti Domm
    Jerome Powell's Fed could be very different than Janet Yellen's, but the Fed governor is expected to steer monetary policy much as she did but jump into deregulation in a way she would not. Powell is expected to be nominated to head the Federal Reserve by President Donald Trump on Thursday as the successor to Yellen when her term ends in February. A lawyer and former undersecretary of the Treasury, he is considered a solid choice, and while not an economist, he is experienced at the Fed, having been appointed a governor in 2012. Powell is also a Republican and...
  • Everything you need to know about Jerome Powell, Trump's likely pick to lead the Federal Reserve

    10/31/2017 7:15:57 AM PDT · by SeekAndFind · 3 replies
    Business Insider ^ | 10/31/2017 | Pedro Nicolaci da Costa
    President Donald Trump looks set to appoint Jerome Powell, a former private-equity executive at Carlyle Group who now sits on the Federal Reserve board, as the next Fed chair. While the official announcement is not expected until Thursday, several news outlets starting with Politico have reported that he is the likely nominee, citing White House sources. The choice of Powell would be a departure in a long tradition of reappointing Fed chairs to a second term, regardless of party affiliation. Janet Yellen, a Democrat, actively interviewed for the job. Powell, a 64-year-old Republican, was appointed to the Fed's powerful Washington-based...
  • David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge

    09/30/2017 4:13:19 PM PDT · by SkyPilot · 72 replies
    CNBC ^ | 30 Sep 17 | Stephanie Landsman
    David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the Reagan administration's director of the Office of Management and Budget, isn't stepping away from his thesis that the 8½-year-old rally is in serious danger. "There is a correction every seven to eight years, and they tend to be anywhere from 40 to 70 percent," Stockman said recently on CNBC's "Futures Now." "If you have to work for a living, get out of the casino because it's a dangerous place." He's made similar calls, but...
  • Federal Reserve to Launch Its Own E-currency: Fedcoin

    09/23/2017 11:10:02 AM PDT · by PPSman · 39 replies ^ | September 23, 2017 | Robert Wenzel
    The U.S. Federal Reserve will not only issue its own cryptocurrency but will also make sure Americans use it, according to Doug Casey. “To start with, I suspect it’s going to be a parallel currency. Perhaps usable just within the U.S. which, in effect, would be a form of foreign exchange controls even more effective than the inability of Americans to open up foreign bank and brokerage accounts today [due to monetary control through FATCA]…I think it’s a near certainty that they’re going to do something like this and soon.” They will call it Fedcoin. David Andolfatto, vice president at...
  • The Federal Reserve is setting America up for economic disaster

    09/19/2017 7:24:05 PM PDT · by Tolerance Sucks Rocks · 75 replies
    The Hill ^ | September 18, 2017 | Armstrong Williams
    I recently had the opportunity to read "The Creature from Jekyll Island" by G. Edward Griffin, a prodigious tome dealing with the circumstances surrounding the creation of the U.S. Federal Reserve System. I was taken aback by some of its provocative assertions. America joined World War I largely to help a few bankers profit off the war (despite a long-standing Monroe doctrine that prohibited our involvement in European affairs) The Bolshevik Revolution of 1917 was supported by international financial interests in order to destabilize Russia and steal the wealth of the Russian people; and So-called "foreign aid" is merely a...
  • Ivanka Trump had breakfast with Federal Reserve Chair Janet Yellen

    09/12/2017 5:29:03 PM PDT · by wtd · 26 replies
    CNN Money ^ | 9/11/2017 | Patrick Gillespie
    Posting this for LucyT: Ivanka Trump had breakfast with Federal Reserve Chair Janet YellenIvanka Trump had breakfast with Federal Reserve Chair Janet Yellen this summer, according to logs of Yellen's public schedule. The two met on July 17 for a one-hour breakfast, according to the recently released logs. No details were given about what was discussed. With her term ending in February, Yellen is being considered for renomination by President Donald Trump. A White House official said Ivanka's breakfast with Yellen had nothing to do with President Trump's decision on the next Fed Chair, which is expected to come this...
  • Trump's Historic Opportunity with the Federal Reserve

    09/08/2017 3:35:52 PM PDT · by Mafe · 8 replies
    Mises Institute ^ | 9/7/2017 | Tho Bishop
    And then there were three. Today Stanley Fischer submitted his letter of resignation from the Federal Reserve’s Board of Governors, effective next month, the second such resignation of Donald Trump’s presidency. While Fischer’s term as Vice Chairman of the Fed was set to end next year, he had the ability to serve as a governor through 2020. Along with Trump’s decision next year on whether to replace Janet Yellen as the Fed’s chair, this means Trumps will have the opportunity to appoint five of seven governors to America’s central bank. Given that the position holds a 14-year term, it is...
  • Janet Yellen's No. 2 at the Fed is stepping down

    09/06/2017 11:06:59 AM PDT · by DFG · 14 replies
    Yahoo ^ | 09/06/2017 | Myles Udland
    Federal Reserve vice chair Stanley Fischer is resigning from his post at the central bank effective in mid-October, the Fed announced Wednesday. Fischer cited “personal reasons” in his resignation letter to President Donald Trump. Fischer’s term as vice chair was slated to end on June 12, 2018. “It has been a great privilege to serve on the Federal Reserve Board and, most especially, to work alongside Chair [Janet] Yellen as well as many other dedicated and talented men and women throughout the Federal Reserve System,” Fischer wrote.
  • Yellen (FED chair) on Inflation

    07/21/2017 1:57:32 PM PDT · by entropy12 · 2 replies
    Safehaven ^ | 07-16-17 | Doug Noland
    "Fed Chair Janet Yellen says that in looking at asset prices and valuations, the central bank is 'not trying to opine on whether they're correct'; instead, policy makers are assessing the risk of potential spillovers. As asset prices rise, there hasn't been a substantial increase in borrowing, Yellen said. [The] financial system is strong and resilient." I assume chair Yellen is referring to U.S. non-financial and non-government borrowings. Clearly, central bank Credit and government borrowings have expanded spectacularly around the globe. I suspect as well there has been a major expansion in speculative leveraging and securities Credit at home and...