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/biz/ - Business & Finance

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54269195 No.54269195 [Reply] [Original]

Explain me please recent Powell's actions like i am 25iq retard. Is this good or bad?

>> No.54269260
File: 130 KB, 647x659, yes.jpg [View same] [iqdb] [saucenao] [google]
54269260

>>54269195

>> No.54269264

>>54269195
you're a 25 IQ retard. future prospects, and people's views of future prospects, don't boil down to "good" and "bad."

>> No.54269271

Yes

>> No.54269283

>>54269195
What do you mean by "good" and "bad"?

>> No.54269286

>>54269195
It’s a soft pivot

>> No.54269334

>>54269264
Shut up, retard
>>54269195
good for markets. Bad for economy. Banks are in danger so he can't be as aggressive anymore. He's fucked

>> No.54269356

>>54269283
Is this good for markets/economy or vice versa?

>> No.54269371

>>54269283
kys
>>54269286
Kek basically this

>> No.54269373

>>54269195
25 based points was priced in anyway.

>> No.54269380

>>54269195
They're crashing this economy with no survivors. Buckle up

>> No.54269394

He is so handsome.

>> No.54269401

>>54269195
It's meh, but people have been so nervous for the past few days that they're flinching a lot right now. Nobody do anything hasty, you'll regret it

>> No.54269422

rate hikes until shit hits the fan with banks failing left and right

>> No.54269491

>>54269401
too late

>> No.54269513

>>54269195
powell said we are burning all bank down, and the market goes up!

>> No.54270284

>>54269356
Short-term, it's not good, but I don't think it'll have that strong an effect. The Fed has been said to "hike rates until something breaks". If that is true, then he will keep hiking until something breaks. Something has broken. So what the market is testing is his resolve, not so much the level of rates. Banks are getting hit by changes in bond prices, but if the Fed wants to, it probably can backstop the entire banking system. Jerome Powell has the same models they at the banks have, he's not going to go "oops, I sure didn't foresee that based on the publicly available data that everyone is talking about all the time on Youtube". I thus personally doubt the banks can "win" this fight.
Independently of that, we have global manufacturing and supply chains breaking apart, which is very much a real problem.

>> No.54270870

>>54269195
I don't know, I'm not very interested in politics either
the most I do in my day is look at charts and check if my sora card is available or not

>> No.54270942
File: 43 KB, 640x640, kek.jpg [View same] [iqdb] [saucenao] [google]
54270942

>>54269195
>Explain me please recent Powell's actions like i am 25iq retard

>> No.54271345

>>54269195
he's trying to engineer 2008 2 and not great depression 2 or weimar 2. 2008 2 is the 'soft landing' now.

>> No.54271444

>>54269286
i choose to believe this too. He could not have done less than .25 without losing face and putting his chair at risk. This way he looks like his plan worked, and the inevitable qe was programmed all along.

>> No.54271941

>>54269195
Bad ,but good if you want to slurp the dips before they start printing money again