Chair Powell: The Economy is Strong Overall — DiMartino Booth and Charles Payne of FBN

Chair Powell: The Economy is Strong Overall — DiMartino Booth and Charles Payne of FBN

#QIResearch
#DanielleDiMartinoBooth
#ResearchRevolution
#foxbusiness
#charlespayne

[AnitaCragen-iy]

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

[ironmike]

If economy is good, why cut at all ! Cuts do t stop inflation they fan inflation !

[DaveDoggyDogg]

Yields steepening. Powell cuts with inflation 50% above initial wanted inflation target. If that doesnt scream something is wrong, i dont know what does.

[purplebliss]

If economy is good, why cut at all ! Cuts do t stop inflation they fan inflation ! There's an urgent need for me to see if it can be managed better and have better returns. Do i short some plummeting positions? How do i deal with markets ups & downs?

[jackwalsh]

By the second week of October. The market rollover shall commence.
The next few days, shall be a taste of what's to come.
Danielle, you look "Marvelous" as always. Cheers!

[PistolPete]

Can the economy be good for those in charge while simultaneously be a disaster for regular Americans?

[lynnjohnson]

I was just in a Costco and a McDonald’s, they were both jammed up! There is nothing wrong with the economy! My bond portfolio went down when interest rates were dropped! Figure that out! Inflation is nothing more than an excuse to raise prices! It’s time to move on!

[damham]

There is no difference between communism and capitalism, except in the means of achieving the same ultimate end: communism enslaves by force, capitalism enslaves by starvation.

[thomaskauser]

Powell's trailer park installed curbing?

[TheUnofficialMaker]

what country does Powell live in? lmao

[hugh]

I am in a little western North Carolina town - Franklin - and my SENIOR friends are not seeing any silver lining. I pray this drop will help🙏

[thomaskauser]

No small business no need for teenagers?

[nevagunter]

I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction

[JoshBeards]

I'm old enough to remember 2019 and 2020. In July 2019, the FFER was 2.42%.
Aug 2019: 2.13%
Sep 2019: 2.03%
Oct 2019: 1.83%
Nov 2019: 1.55%
COVID-19 still hadn't hit the US.
Feb 2020: 1.58%
Mar 2020: 0.65%
Apr 2020: 0.05%
The pandemic recession wasn't declared until the end of July as it takes 2 consecutive 0% or negative quarters and reports are 30 days after a quarter ends.

If cutting 50 basis points today is the end of the world, what does that say about cutting 87 basis points in 5 months in "the greatest economy ever?" Economics 101 says you don't cut your central bank rate during a "great economy." You don't need to.

Like I said, I'm old enough to remember 2019. I remember the April 4, 2019 2vs10 bond inversion. I also remember the 3vs5 inversion in December 2018.

You economic experts know exactly what a 2v10 inversion immediately following a 3v5 inversion means.

[thomaskauser]

Hope Powell got a razor blade before prices skyrocket on that item?

[backrack]

No recession. Time to back track and spin your predictions from the last year or so.

[paulbunyan]

Soft landing achieved. Jay Powell's timing is perfect.