We already know the outcome of those meetings: FED, ECB, BOE all on hold until 2024. Which will be the first to cut rates? My "guess" is China, then ECB, BOE and FED lastly in 3rd or 4th quarter of 2024.

Sounds like a Chinese rate cut = free money coming. Look for Asian currencies to strengthen

Wrong data points - click on this article is it linked to the original: url Manufacturing is the 5th largest employer sir... Healthcare #1 Retail #2 Hotel & food services #3 Waste management services #4 Manufacturing #5 - so yeah labor is only 16% ...

Exactly what he/she wrote!

That's is because you don't know what you are looking at. FOMC isn't concerned with job additions/subtractions as much as LABOR WAGES! Wages increased 5.6% Year over year. That is TERRIBLE for inflation (great for those workers however) Businesses ...

Oops

Doesn't matter anymore once the USA elects Trump - then the oil will flow forth freely and we can get energy costs under control. Right now with the oil-hating current White House the Permian basin produces about the same amount as Saudi does. ...

Actually what happened today was VERY PREDICTABLE It was a buy the rumor Sell the fact Look at the DXY for proof: image Look at the run-up B4 Powell speaks then BAM!

Actually there is still quite of bit of cash in mutual funds/money markets waiting for the "all clear" to put into the stock market. This is the time where you normally get a Santa Claus rally but it happened in November instead. Oh well....

Yup I will NOT argue with you on that point. Here's the catch - what can be done about it? Until the entire system is brought to it's knees it will be business as usual...

Nothing but kick the can down the road ....

He's soft peddling the soft landing scenario .....unlikely

Mr Powell isn't going to be happy with this report! Higher prices for manufacturers? I wonder why? GM/Ford/Stelantis/UPS/FedEx/Delta the list of LARGE salary increases need to be passed along - For those who think inflation is over because gas and ...

I understand what you wrote and to some point agree with you but overall I would say lets agree to disagree and be civil - they way it used to be. Only time will tell. I personally believe that the FED wants the stock market to tank but that's just ...

You obviously don't own a business where you actually employ people - I do. Wages/salaries used to be 25% of my overhead - now it's 45% for the same number of staff and I can't pass that much of a price increase to my customers. Look at the wages at ...

TOTALLY 100% disagree - that is NOT their mandate In the past the FED (Alan Greenspan) could have cared less if the stock market cratered. In fact if the stock market crashed it would definately help cut inflation. HOW? Let's get unemployement up to ...

Why does it matter what Powell says? The equities market and bond markets don't respect the FED at all!. Look at the above statement about how the markets are "expecting a cut by the end of Q1 2024". What have all the FED speakers said, "HIGHER FOR ...

image They can't make up their mind so they flip flop every 30-40 years...

Here's the funny thing - I agree with you BUT the market doesn't and especially the US equities - they think that the FED is going to fold like a house of cards in the 2nd or 3rd quarter of 2024. This is a massive game of chicken - who blinks first?

Don't do it - you will be sorry, unless the USA elects someone who doesn't want to drown the world in dollars again!