Tag Archive for: Jerome Powell

Myth: Rate Cuts Help The Economy; Rates Fall To January Levels

The 10 Year Treasury Yield fell below 4.0% for the first time since late January. This is in response to continuing weak economic signals (particularly in the employment realm), moderating inflation signals, and the belief that Fed Chair Powell will cut rates in September.Read More

Why Fed Chair Powell Is TERRIFIED of Arthur Burns! (Why Powell Will Not Cut Rates Now; Why He Will Cut in June)

Jerome Powell is terrified of having an Arthur Burns legacy. So, he’d much rather push the U.S. into a severe recession than risk cutting too soon – and re-igniting inflation. Yes, recessions and all the job losses and suffering are bad, but as Mr. Volcker’s legacy has shown us – Americans forgive Fed Chairs who cause horrible recessions, but we don’t forgive Fed Chairs who ignite inflation.Read More

Baseball’s $700 Million Dollar Man’s Taking A Huge Risk! I Hope The Dodgers Are Buying Rental Homes!

The sports world was on fire this week with the announcement that Shohei Ohtani got a whopping $700 million contract to play for the Dodgers! The contract was an all-time record and exceeded estimates by $200 million! BUT, Ohtani is actually “only” getting $2 million per year, making everyone wonder 'how will the poor man even survive?'Read More

Fed Speaks – Rates Up; Paying Off Student Loans With Mortgage; Interest-Only Loans

Fed Chair Powell spoke yesterday and sent the bond market into a tizzy, as investors sold off their bonds and pushed rates sharply higher. What crazy thing did Powell have […]Read More