Source: Loan Digest (loandigest.net)
federalreserve bringing a deliberate synthetic recession
That’s like what? 10 extra bucks for each American with a credit card...?
Teachable moment: Don't carry debt on credit cards.
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'Rich people won' — Cramer says Fed rate hikes widen the wealth gap by hurting working Americans'Rich people won' — MadMoneyOnCNBC's Jim Cramer says Fed rate hikes widen the wealth gap by hurting working Americans. MadMoneyOnCNBC Rich people always win. That’s why you’re rich, Cramer, and not a worker. MadMoneyOnCNBC I've noticed that rich people tend to win a lot. Good for they. MadMoneyOnCNBC Wolfman gets THUMPED
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed president: It would be a serious mistake for the Fed to hike ratesKate Moore, BlackRock chief equity strategist, and Richard Fisher, former Dallas Fed President, join 'Halftime Report' discuss the Fed’s rate hike decision today and what effect it could have on the market. The Fed knows their borrowing rate is now neutral: Strong economy, low unemployment and little to no inflation in sight. They don’t want to cause a recession, do they? realDonaldTrump CNN ABC NBCNews MSNBC FoxNews Richard Fisher was very insightful today, on Fed thinking/methodology Fed upping rate is Just an anti-Trump move., Nothing else. Everyone in our government is mobilized.
Source: CNBC - 🏆 12. / 72 Read more »
NY Fed President John Williams says the Fed could re-evaluate view in 2019The Fed is open to reconsidering its views on rate hikes next year, NY Fed President John Williams says. Hilarious - Fed Chair federalreserve realizes the massive communication blunder (2nd time around btw) so he sends one of his guys to repair the damage. Disastrous Fed Chair Powell 🤣👏👏 We are facing an unwind of a 10 year worldwide bubble.....bigger than the 2008 bubble. Reconsidering FED views on rate hikes ain't gonna' do much. FED needs to work with Treasury to decrease the deficit and improve Federal balance sheet.
Source: CNBC - 🏆 12. / 72 Read more »
Cleveland Fed President Loretta Mester says if inflation doesn't rise, Fed could stop hikesBetter news; but Fed has no credibility. God willing and the creek don’t rise. forgetaboutit Tell Cramer
Source: CNBC - 🏆 12. / 72 Read more »
Former Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.' Trying to wreck Trump's Economic Rally How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎 It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄
Source: CNBC - 🏆 12. / 72 Read more »
A Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.' Did she have a more bullish outlook for 2018, perchance?
Source: CNBC - 🏆 12. / 72 Read more »
Fed shouldn't hike rates until outlook is clear: Dallas Fed presidentCNBC's Steve Liesman reports on Dallas Fed president Robert Kaplan's new essay on how the Federal Reserve should stay patient. The Fed will not be able to hike rates despite Trump stevewalker36 Fed said “we have an open, predictable policy” now what? Are they punishing who listened? So we should listen to zerohedge instead. Who trusts Fed again? Or we can just scrap it all and sell it for parts.
Source: CNBC - 🏆 12. / 72 Read more »
Once a starving student, this chef now uses Facebook to teach millions to cook $2 mealsFrankie Celenza's 'Struggle Meals' makes it highly impossible to use the excuse you don't have the time and money for cooking.
Source: CNBC - 🏆 12. / 72 Read more »
The Fed is likely to stop hiking rates, and that's great news for Americans hoping for a raiseLeading economists tell Axios that, at least in part because inflation does not seem to be accelerating, the Fed appears prepared to let the wage party continue.
Source: BusinessInsider - 🏆 729. / 51 Read more »