![]() ![]() I'd rather hear less from the Fed." (Rosenberg was complaining about the flood of public commentary from Fed officials in recent months. There's not a TV camera they won't run in front of - not even to say anything intelligent but to talk about how they're going to cast their vote at the next meeting. "The problem is they've become a bunch of rock stars. There's a serious risk we're going back down to the zero bound in a recession that ends up destroying demand and causing inflation to decline."ĩ. ![]() "I don't think there are enough rate cuts priced in for next year. Inflation is going to be falling like a stone." (Rosenberg was criticizing the Fed for forging ahead with rate hikes despite growing evidence of waning inflation.)Ĩ. ![]() While three teams were eliminated from their respective. It's going to be too late by the time they realize all the damage they've done. 18 hours ago &0183 &32 Three Blackhawks prospects helped secure a series victory for the Seattle Thunderbirds on Monday night to advance to the championship round. "Everything they've done since the fall has been overkill. It's very difficult right now to gauge how deep this is likely to be."ħ. Now we have not just the cost of credit being a problem for the economy, but the availability of credit is going to compound that. We have layered this on top of the lagged impact of all the rate increases and the impact that has on the housing market and on debt-servicing capacity. Go to the Summons Finder Note: Summonses issued to for hire vehicles or restaurants, and summonses issued by the Department of Consumer and Worker Protection are not currently available using the Summons Finder. "Banks are already becoming a lot more cautious with their lending. You can search for this information by name, address or the summons number. The beauty of recessions is that they cleanse, and they move assets from weak hands to strong hands."Ħ. But if you have the dry powder and the liquidity, you'll be able to pick up assets at better levels. I don't think a recession is fully priced in." (Rosenberg suggested S&P 500 earnings could drop by one-fifth in a recession, to about 3,200 points.)ĥ. The leading indicators are telling me that the recession is actually starting this quarter or next quarter. But to say that we're not going to have a recession because of lagged impacts of fiscal stimulus from two years ago is ridiculous. "It was like the Energizer Bunny - it gave us a little bit more juice. It's not that we take the Lamborghini from 80 down to 20. TweeterID - Twitter ID and Username Converter TweeterID Twitter ID and Username Converter Type in any Twitter ID or handle below, and it will be converted into the respective ID or username on the right: Convert Enter a Twitter ID or handle on the left and it will be converted here. It's as if the whole country takes a pay cut. "A recession is a very big call because it's a haircut to national income. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |