Tmac
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Edaw
Parody
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Fed doubles pace of tapering, warms up to rate hikes in 2022 as inflationary pressures rise
The Federal Reserve provided its final update for the year on its easy money policies, with all signs pointing to a quicker draw down of its pandemic-era stimulus.
Big Phoenix
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Will or wont an old man be fucking us in the ass later today?
Fed doubles pace of tapering, warms up to rate hikes in 2022 as inflationary pressures rise
The Federal Reserve provided its final update for the year on its easy money policies, with all signs pointing to a quicker draw down of its pandemic-era stimulus.finance.yahoo.com
Zog
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Only reason I dont believe the fed will do anything is because of the debt, 2.3% intended interest rate hikes put our interest payment over 1 trillion dollars a year. Powell will be hung in the streets and be the scapegoat, maybe thats the plan but there's no way the reserve bank chairs aren't considering this. There's a good reason the target rate hikes are less than the last.
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Edaw
Parody
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Edaw
Parody
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US Federal Reserve speeds up taper and signals three rate hikes in 2022
Central bank will double rate at which it cuts spending on government bonds and expects to raise borrowing costs next year
I expect we get some leaks soon.
Big Phoenix
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All about the interest rates. Taper is already known.US Federal Reserve speeds up taper and signals three rate hikes in 2022
Central bank will double rate at which it cuts spending on government bonds and expects to raise borrowing costs next yearwww.theguardian.com
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I expect we get some leaks soon.
Tmac
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Sanrith Descartes
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Shonuff
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Tapering/hiking is good news. I've had to raise my prices in my business 14% YOY, and none of it went to profit. Between labor, gas and parts, its all eaten up. Sad thing is, my backlog has grown. There's just too much easy money out there. Us Business Owners can't just keep raising prices like this just to keep up with rising costs.
Market is somewhat bipolar in that we've all been screaming inflation needs tamped down, and now when they are going to do it, we are freaking out.
Tmac
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Those factors aren't new, they're just exacerbated under Biden, and the trillion dollars printed during COVID, and the media lying about our economy 24/7. I think there is a propensity to overcorrect when filling in the blanks, bc you have to compensate for media lies.
And since the pain of 2008 is still so accessible, and inflation is scary, filling in the blank usually includes a lot of FUD.
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Big Phoenix
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Sure raising interest rates is whats needed to be done to get the economy back on track but from a portfolio perspective unless youre all in on bank stocks raising interest rates is going to hurt, especially tech which is all high growth.
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Edaw
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Zog
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Crashes aren't new either, raising interest rates always resulted in a crash. Raising interest rates and not having a crash would actually be "new."
All those points are just ingredients for how bad the crash ends up being.
Shonuff
Mr. Poopybutthole
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Not necessarily, but I'd def be leaning towards companies that build stuff, have good earnings and pricing power. And eventually, growth will be back in favor.
Big Phoenix
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