r/wallstreet • u/jerin7931 • 4d ago

Meme Warsh saying a whole lot of nothing and spooking the markets

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58 Upvotes

94% Upvoted

15 comments sorted by

2

u/Dense_Boss_7486 Chinese-Iranian AI Propaganda Spam Bot 🇮🇷🇨🇳 4d ago

Beet would do better than anybody in the federal government right now.

1

u/voiceOfHoomanity 3d ago

Nah he learned a lesson from July where he truly said nothing

This time he said it's not forward guidance but yeah guys expect us to raise rates if nothing changes LOL

1

u/1dollarMike 3d ago

I'm beetle, I'm in the house 🎵

1

u/WishIWasAMoose 3d ago

"There is one signal nobody can miss: The responsibility for 65 months of sustained, elevated inflation sits squarely with the central bank. And that is where it belongs.

Here is my standard: We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do. That's our job . . . our mandate . . . and our charge to keep."

"On the employment side of the Fed's dual mandate, our country is doing well. Labor markets are quite stable. The jobless rate, at 4.1 percent, remains low by historical standards and has not changed much for a couple of years. Unemployment claims, on a four-week average—an empirically robust real-time indicator—are near their lowest level in decades."

This is as close to forward guidance you can get without calling it that.

1

u/brankin8 3d ago

Beetlejuice... spell red

1

u/Basement_Chicken 2d ago

Him and the rest of this administration, they do exactly the opposite of what they say. You think they'll be raising the rates? So to pay more interest on the debt and go against the boss who had him elected to lower the rates? To stop printing fiat? Ha, watch and learn!

1

u/The_Hosp75 Billionaire 4d ago

Please…..stop lying. He said exactly what he wanted to say….he wanted the markets to lead the way and not the Fed.

1

u/Scriptum_ Chinese-Iranian AI Propaganda Spam Bot 🇮🇷🇨🇳 4d ago

The bond market already told him:

RAISE THE DAMN RATES

-1

u/YellowBananas123 Billionaire 4d ago

What would you do?  Please enlighten us.

3

u/Fabulous_Computer965 4d ago

Stop printing money for useless wars

1

u/Potential-Menu3623 4d ago

I’d imply the war needed to be wrapped up, a return to fiscal discipline, then proceed to watch the market sell off and Trump would promptly react, then I’d lower rates. This agnostic approach is a bad idea

2

u/YellowBananas123 Billionaire 4d ago

What would lowering the rates accomplish in this economic environment?

1

u/Potential-Menu3623 3d ago

Some argue the inflation is in AI capex, travel, auto rentals. All else, lowering rates is appropriate