The Fed has to do more to bring inflation down to its target, says Wells Fargo's Brian Rehling

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[tshirtnjeans]

"As long as people feel good"
That's a good one

[mdossant]

This goon is from Wells Fargo which is a Primary Dealer (and thus shareholder) of the Federal Reserve Bank. The Fed (central banking cartel) profit including from monopolizing the market vs the regional banks…profit from increases in interest rates which also then put the regional banks out of business, then buy the regional banks for pennies on the dollar. Moreover, he’s gaslighting / lying by omission- i.e., by blaming inflation on the consumer, when the real perpetrators of inflation is the central banking cartel (including Wells Fargo) who created inflation by printing money, increasing the money supply by 60%, then having the audacity to blame everyone else.

[rayflective]

Good insights. He's in the camp that the Fed is not done because inflation is still a problem, coming down to Fed's 2% target could be tough. He thinks that the bond market has it right, the equity market, on the other hand, is having a euphoric moment.

[lesliehatun]

If 57 cents on every dollar 💵 of inflation is over pricing, then companies must lower prices.

[n.manasseh]

At this point its about Discretionary and Non-discretionary spending.

Instead of the consumer buying Discretionary 'wants' like new cars, new electronics, BBL's and OnlyFans subscriptions, we need the consumer to use their money for Non-Discretionary 'needs' like Rent, Housing, Healthcare, and paying back their Student Loans.

Its not the FED. Its the Government.

[Yomamaissoo]

Guess who missed the rally big time 😂😂😂

[Proranis]

maybe people are used to feeling bad so much at this point that they just keep on living with the mindset whatever happens happens?

[firzendoom]

looks like someone did not buy the dip XD

[russelltakemoto]

2:30: If the 10yr moves to 4.25% that will crush the housing market. If mortgages are now 7% at a 10 yr at 3.74%, expect 30 yr fixed mortgages to move to the 7.25 - 7.75% range. Huh?

[robertkleemann]

When I first tried cherry browns six years ago or so I thought they were amazing. I can't see every going back but I'm not a light tactile guy. I prefer either super smooth linear or heavy tactile.

[DavidUkwuoma-qeyb]

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals..

[steveno]

This dude is so disconnected from the real world. People are suffering bro

[bobslate]

I agree and housing is still to high rents or sales price!

[nde]

How about roll back regulations for a while to catch up on supply?

[Andy-gjjz]

Smart guy!!! Investors are ignorant to what’s coming and will pay a price

[MarekKolenda-crvr]

Fed stops interest rates before commercial real estate collapse and Banks loans default.

[mg-byuu]

No more hikes coming/needed. Now they wait for the deflation that has followed a pause/pivot every time over the past century

[AR-rnok]

The top 10% of richest people in the country own over 50% of the country’s wealth. The top 1% own over 90% of that. You guys are targeting the wrong consumer. Rather than hurting the people who might have kids that will be your future labor, why don’t you target hurting the people who own all the money? What do you want poor people to do? Buy less food? Wear older clothes? It’s you that needs to be taxed in that thousand dollar dry cleaned suit, not them who already barely spend on luxuries. Get real! I’d rather we grow our supply chains and hurt no one but if you need to tax someone to drop spending, tax those people at the top who don’t even work, just trade options and watch their portfolios grow, then receive bailouts every time they lose money like 2007, 2020, and probably after this next crash.

[issenvan]

Inflation is over. Just look at M2 contraction!

[syedshah]

Fixed income guy giving his opinion on the equity markets. Sure, whatever 😂