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Senior Advisor

Hard to imagine a worse scenario

Following a 3:30 Friday Reality TV market ramp, the Fed gets cornered into panic action and “the market” panics.                        

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15 Replies
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Senior Advisor

Re: Hard to imagine a worse scenario

Regardless of the administration ‘s role in loading nitro under this, need to shut the stock market down for a couple of weeks, now.

 

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Senior Advisor

Re: Hard to imagine a worse scenario

Although with no basketball don’t know if we can stand an absence of financial jibber jabber.

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Honored Advisor

Re: Hard to imagine a worse scenario

Ioway and Minnesodie schools are shut down for 30 days, saying "Dennison did this when he shoulda did dat" is just a bunch of damned foolishness.  This is much bigger than "Dennison". 

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Senior Advisor

Re: Hard to imagine a worse scenario

Roadrunner economic policy.

Fired off Big Bertha and a little sign reading bang popped out.

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Honored Advisor

Re: Hard to imagine a worse scenario

Dave, do you ever consider how you sound when you put some of this stuff out there?

The FED has to respond to a panic....that is not panicing for goodness sake. Actually pretty reasonable and restrained. stocks are still above where they were in 2018 for goodness sake. No liquidity driven meltdowns yet, those will come, so the FED acting to minimize them is brilliant policy.

Or, I guess you would rather the FED do nothing, and you could then blame them for inaction. Yep, I thought that is what you really want. 

Kind of like Biden calling Trump a Xenophobe on China for wanting to limit things, and then 12 days later being critical he didn't do enough to stop the spread from China. It is a time for Patriots, not guys like you being critical of the FED doing the right thing....

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Senior Advisor

Re: Hard to imagine a worse scenario

Those   scathing ,   harsh  word  ,  abrasive - rhetoric ,   have  lost  their marketing  - cleverness  -  maybe  - ? 

Where  is  all  of  the  bullish  sentiment  ,  evaporated  too  -  ? 

Has  the  Fake  News  excuse,  become  a  glaring  reality,  of   Alternative  Facts  Karma  -  ?   

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Senior Advisor

Re: Hard to imagine a worse scenario

Proving that they're powerless and pushing on a string is not helpful- particularly, OMG, at the zero bound.

Bluffing and pretending they had an ace in the hole would have been far better.

But they are not calling the shots.

Poor Jerry Powell- he could have been having a happy life as a Wall Street lawyer.

 

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Senior Advisor

Re: Hard to imagine a worse scenario

Sometimes "patriotism" just comes down to wise policy. 

Some of the usual "patriotic" suspects are seeding death among the people by failing to reckon with reality.

 

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Senior Advisor

Re: "Worse than Biden calling trump a xenophobe"

Is that any worse than trump blaming Obama for his own administration's virus response failures?  Trump is a xenophobe, his words and actions are hard evidence of it.

You can be a patriot without rallying behind trump, in fact, you're more of a patriot if you don't, trump has shown himself to be an incompetent who's taking us down the wrong road.

  Only a fool follows another fool off the cliff.

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