Dow industrials jump 300-plus points after half-percentage-point Fed rate cutAs someone in the know, cuts are coming Sept, Oct, December and 1st quarter next year and then will stabilizer at a new normal.
If nothing changes.
From Marketwatch
Dow industrials jump 300-plus points after half-percentage-point Fed rate cutAs someone in the know, cuts are coming Sept, Oct, December and 1st quarter next year and then will stabilizer at a new normal.
If nothing changes.
50 bpsBreh, the Fed doesn’t give two shyts about CRE. These people over levered themselves when money was cheap to borrow and got in over their heads.
People who bought residential homes when you could get interest rates at 2-3% aren’t selling, causing supply to shrink currently. Even if the fed lowers interest rates, it won’t be lower than .25 first round, and that won’t help homebuyers much.
Banks are still taking investment deals with 20-25% down and if you have collateral. They aren’t just lending Willy nilly like before. There is no credit crunch for responsible borrowers.
Put your account where your mouth is. If the fed doesn’t lower interest rates in September, accept a ban for 90 days. If they do, I’ll take the 90 day ban.
You never accepted the ban bet50 bps
Fed cuts interest rates by half point, signals two additional cuts this year
The Federal Reserve cut interest rates for the first time in more than four years Wednesday, ending its most aggressive inflation-fighting campaign since the 1980s.finance.yahoo.com
You're welcome to ban yourself
Well one I'm not a prophet and don't bet over some finbro shyt like this, I might be right, you might be right.
You are correct regarding CRE, I was mentioning that just as an indicator of financial health, and yes I'm sure the fed doesn't care about that directly. but the impact of high rates to main street is my true point and that is very sound.
I'm going by what the fed officials and Powell are saying.
He would not have even whispered several cuts if it wasn't discussed.
That said, we'll see. I'm confident in 25, and I believe 50 is quite possible.
I was still rightYou never accepted the ban bet
You were right. The data gave them basis. I’m not banning shyt though since you didn’t want to make the bet officialI was still right
like I said, you can ban yourself if you want, idc either way, but I was right
all goodYou were right. The data gave them basis. I’m not banning shyt though since you didn’t want to make the bet official
You think inflation will resume?all good
If this drives down the price of Crowdstrike more, that might be a possible play. I heard they're about to get sued though.
Thing is Crowdstrike basically has the whole lane though.
I'm lost on the definition of inflation at this point. When does "inflation" technically become new baseline? Like how long is it considered inflation before it just is what it is as the new normal? What statistic has to catch up with what on the graphs/charts?You think inflation will resume?
i think it will flatten but more importantly, with lower rates and greater access to capital, people will be able to keep up with incremental inflation. Higher cost of borrower significantly hampered that.You think inflation will resume?
Inflation is always like you said "just is what it is" it's a measure if the value of money today vs some date in the future or past.I'm lost on the definition of inflation at this point. When does "inflation" technically become new baseline? Like how long is it considered inflation before it just is what it is as the new normal? What statistic has to catch up with what on the graphs/charts?
I should’ve been more specificI'm lost on the definition of inflation at this point. When does "inflation" technically become new baseline? Like how long is it considered inflation before it just is what it is as the new normal? What statistic has to catch up with what on the graphs/charts?
I hope you’re right, but the world is so unstable now, another unforeseen war too close to western interests will screw us.i think it will flatten but more importantly, with lower rates and greater access to capital, people will be able to keep up with incremental inflation. Higher cost of borrower significantly hampered that.