Bad news for stocks: Fed will be surprised how hard rate hikes hit economy, says BlackRock

MarketWatch ^ | September 6, 2022 | William Watts

[Hostage]

You’re very informed and tuned in. Yours is a thinking aligned with President Trump Economic Advisor Dr. Peter Navarro. That line of thinking works when there is a Chief Executive in office that commits to seeing it carried out.

But PMAS hits a nerve of Truth. The following link backs PMAS’s warning of their new system, a system which is backed by CCP to implement the China Model in the US. This sounds wacky, unfortunately, it’s accurate:

Fed’s instant payment service ‘FedNow’ set to launch by July 2023
https://freerepublic.com/focus/news/4090989/posts?page=17#17

[rdcbn1]

I have been living and dealing with these issues right from the start of covid so it's kind of applied economics via the post graduate school of hard knocks.

There is a strong monetary policy macro econ component to the problems we face, but the micro economic impacts on the small and medium sized companies, suppliers and subcontractors that keep the system going are becoming a very real concern as their capabilities are degraded and their businesses run down by an economic death by a thousand cuts .

[Jeff Chandler]

“You will own nothing, and you will be happy. “

I believe it is more like:

“You vill own nussing, unt you VILL be happy. “

[PMAS]

I moved any money I had out of Blackrock funds, bought funds from other smaller companies that more or less mirrored the Blackrock funds (in my 401k) individual stocks that were in those Blackrock funds in my other accounts.

Blackrock only has the power that people give them

[Hostage]

Check you didn’t transfer to a fund owned or managed by a BlackRock controlled affiliate.

Watch the following to understand the degree of control and influence BlackRock has. BlackRock and Vanguard own the world:

MONOPOLY Who Owns The World?
https://rumble.com/vmyx1n-monopoly-who-owns-the-world-documentary-by-tim-gielen.html

[cgbg]

There are several easy ways to get inflation under control without raising interest rates:

(1) First freeze and then cut federal spending.

(2) Eliminate regulations and taxes that harm small business creation and operations.

(3) Lower taxes to encourage people to work.

(4) Reduce or eliminate government programs that discourage work.

[citizen]

Yes to all that. It’s all gub’mint planned crises.

[citizen]

BlackRock’s outlook and suggested remedies are what will grow BlackRock’s coffers & political power. The rest of us be damned.

[LilFarmer]

Good thinking. We are careful with who we invest in as well. Sadly, I don’t think a lot of people are paying attention, though.

[Texas Fossil]

Yes. Thank you. I’ve had that conversation with my broker before. Edward Jones

[PMAS]

Moved to funds with the same holdings that my 401k had available - can’t buy individual stocks in my 401k

[Svartalfiar]

One of my homes (at our farm) which has been vacant for 8 years and has been in gutted state inside for most of that time in the kitchen and 2 bathrooms; suddenly saw a 57% increase in appraisal value.

Easy way to fix that. Appraisal is made/sale price is reported when the home is purchased. That dollar amount is then locked in place as the value for any future taxing purposes. This value is only changed when 1) a new building is built, and only that addition is considered in re-appraising the property, and 2) when the home is sold and a new ownership takes over, where the process starts anew and their appraisal value is locked in place.

Cities would always know how much tax revenue will come in.
You always know what your tax bill will be, as it should be the same as last year, none of the 10% capped increase every year!
If cities need more revenue, they're forced to go through the political process of actually, properly, raising tax rates, which gives the citizens some say and more control over this whole process.