Stock Market/Investing/Day Trading/Speculative Trading Thread

[dsbigred1]

So lower the GD prime rate and make errbody happy then!

It’s weird to me that all of a sudden there is all this support for Powell.. all of the people I talk to with banks and mortgage companies have been clamoring for several months to lower rates.
I do think and have heard from some that tariff uncertainty made them uneasy about that, but it didn’t change the fact that they didn’t think Powell had been bed for the Fed.

 

[LoudHogRider]

It’s weird to me that all of a sudden there is all this support for Powell.. all of the people I talk to with banks and mortgage companies have been clamoring for several months to lower rates.
I do think and have heard from some that tariff uncertainty made them uneasy about that, but it didn’t change the fact that they didn’t think Powell had been bed for the Fed.

I think the FED had a steady hand over the economy the last few years and without their active intervention post-COVID things might have been pretty rough. But we're well past that now, and there do seem to be "headwinds" RN that lower borrowing costs could help assuage. It's time for them to ease up on rates, IMO.

 

[dsbigred1]

I think the FED had a steady hand over the economy the last few years and without their active intervention post-COVID things might have been pretty rough. But we're well past that now, and there do seem to be "headwinds" RN that lower borrowing costs could help assuage. It's time for them to ease up on rates, IMO.

They were pretty late to the party with their “transitory” inflation..
That steady hand has also lost a lot of money due to their handling of the economy the past few years