Former Council of Economic Advisers chair Kevin Hassett reacts to the stock market rally on ‘Kudlow.’ #FoxBusiness #kudlow
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"The left controls the media…", says Kevin Hassett on Fox News.
Get out of the SM, invest in bonds/debt, and buy Commodities and crypto. The stock market is actually a store of empty shelves and little pieces of paper that represent the item. We stop spending, and they just put out more papers making us believe the store is full. The papers restocked is the Fed, a privately owned bank that just prints debt/paper.
What do y’all have to say about the fact that Fox and everyone else is reporting that the dollar is strong. Debt is selling off, we’ve almost lost the pound, and others like Japan. These people are also part of the problem, confirmAtion bias is unbelievably strong and Fox is just as bad as The liberal media. 10 ur yield dropped 40 pts over a week ago and the dollar strength was only up relative to the plummeting currencies around the world .
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At the end of the night is any bad advice help you or is it good advice only you got to take from both worlds and then see how to fix everything
And then occupy Wall Street back in those days when the millennials were just babies
All I can say real quick cuz I'm not a professional room first you closed down all the ma and pop stores then we go big bucks then we close down all the big boxes in industry on Wall Street then we go back to everybody's an app store so I don't know I don't know which way we're going I'm trying to still learn it
Lol
There might be an economic turmoil but there is no doubt that this is still the best time to invest.
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?
Hmm… The United States are printing money and issuing debt they will never repay on the back of everyone else… and other countries should be feeling guilty for not having their house in order? Please…
Liberals are satanic. Adversaries.
Don’t dare raise rates just inflation to the stratosphere and pop everything to go where???
That’s only because this idea has been pumped up in the media lol
If you want to be the global currency – then you need to look further than your own bloody nose and take global responsibility. It is a typical that the US would be so extremely biased – cant have your cake and eat it too – down with the dollar!!!
In a world where the world is interconnected by the Internet, people are no longer fools.
Everyone is watching closely how the US and the Fed behave.
What the members of the Fed have to say, what they think, is covered in the media in all countries, and people know.
Fed members are now too obsessed with surface indicators and fail to grasp the real reality.
They are overconfident of the current economic strength.
Over the past few years, the world has suffered excruciatingly from Corona, war, inflation, etc., and in fact, many people have died.
Under these circumstances, it would be a really absurd decision to make a radical rate hike, only looking at the surface indicators and believing that the economy can withstand sufficient pressure.
Over time, people will resent the Fed.
Of course, the Fed should not be swayed by external pressures.
But this isn't just about people complaining about the Fed.
It's a question of the world's trust in the nation of America, American companies, and the American stock market.
Now the world is 'actually' exposed to danger and crisis.
Many people are 'actually' dying due to corona, war, etc.
During this period, economic policy checks should be conducted 'conservatively'.
But the Fed's 'radical' policies are pushing the real lives of those still in need into a more serious situation.
I know that not only me, but also prominent scholars in the United States are taking this issue seriously.
Nevertheless, if the members of the Fed arrogantly make important decisions based only on the surface indicators, the US loses hope and vision, and poses enormous risks and crises on its own.,.
Inflation ain’t going nowhere opec is reducing the output of oil so inflation will still be going up no matter what the fed idiots do
All American fake news media. All paid by the people who objectives, common people suffer, fox new 👎
Exactly Kevin. It’s like AOC is president and it’s truly terrible.
Good luck to the U.S. and its lapdogs…enjoy
Next thing you know when they admit we are in a Recession. The Biden Administration will call it Transitory. 😂
Spot <on! You are getting good at being ahead of the trend. Good job man! You nailed it. How do we go into recession with home prices not going down . Loans are secure compared to 2008 or people/ corps paying cash. Massive transfer of funds to homes. Wouldn’t there have to be massive drop in home prices & increase of inventory if recession is here. You need to consider that inflation may be causing the consumer to spend at or above previous levels even if they are actually buying less bc everything costs more. Not sure that is a good indicator for the current state of things. So if people know that inflation is here and gets up every month. When would you buy stuff you wanted to buy for a while. Yes, NOW because it will get more expensive next month. So if people spend like crazy it's not a sign that inflation is going away, it's a sign that inflation will increase and at some point the people stop spending because inflation is so high they just can't or don't want to pay the high prices anymore. Most of us are pro-crypto because it represents financial independence from the government. Several of our states are looking to add the right to use crypto to their state constitutions. My state of ND is putting together a BTC farm with the state government's blessing as well. It really boils down to time regardless of how long, BTC will eventually win. All roads lead to Bitcoin! BTC originally set to work outside the system, but is currently using fiat on/off ramps b/c it's necessary for more adoption. It's unfair on how things have turned up to be due to the recent world pandemic things has been so difficult but BTC trading has helped me maintain financial stability. Although I believe that the benefits of successful trading come from an expert and that is why I made huge profits with the help of Mr. Jan Lainer, he is a genius and that is why I always advise beginners/investors to trade with professionals like he. So far I have been able to increase my trading portfolio from day trading with 5.01 btc to over 17.04 btc with the accurate trading signal given to me by a veteran trader and signal provider Mr Jan Lainer and I'm an attestant to the accuracy of her trading signal. You all in search of a way to recover your looses from the crash and accumulate more profits can reach out to he for profitable trading system on Telegram @Janlainer ** for any crypto related issues ….
U n a bunch of terrorists.
I think the trye reasons for Workd Wide inflation are about to come out, not too much money supply, its lack of production and Monopolies taking advantage of consumers. All of which raising interest rates make worse!
Why do you talk about the market. It's all a big lie! Geez
World government wants 93 percent deaths of all humans everywhere really!!! Wake up people's
US $ is a white paper since 2008. That's the serious fact, got it?
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Except inflation IS declining.
What a joke 😂 US and West balls deep in debt but telling others to get your house in order? U.S./EU rates have been under % 2 for 50 years
How about the Govt does their job and enforce the freedom of speech.
Let's get that new reserve currency going, China.
Respectfully speaking the only means to earn wealth these days is by simply investing when and where necessary. Imagine I hadn’t started my investments with mr John darry no wonder where I would’ve been but altogether my point is invest your way up not save your way up.