Jeremy Siegel, Russell E. Palmer professor of finance at the University of Pennsylvania’s Wharton School, talks about President-elect Trump’s proposed tariff policies, and how that will impact the Fed’s monetary policy.
Jeremy Siegel, Russell E. Palmer professor of finance at the University of Pennsylvania’s Wharton School, talks about President-elect Trump’s proposed tariff policies, and how that will impact the Fed’s monetary policy.
Calamity Dummy Don shows up at nyse . Down every day since. A guy who lost inherited money on not in casinos then BankTrumped companies had a Recession and Plague on his watch. Calamity Dummy Don indeed 😂😂😂😂
What evidence is there that we are not at or very near the neutral rate right now? GDP is a solid but not excessive 2.8%, inflation is less than 3% and unemployment is near historic lows (& in the frictional unemployment zone). The Fed should not have reduced the Fed Funds rate yesterday but should have waited to see how the economy would unfold… if anything, the neutral rate might be higher instead of lower.
Job market is in trouble. Only GDP producing jobs are healthcare and leisure. Over 200,000 jobs last month and unemployment goes up! Markets are not the economy. Typically they keep going up as the economy falls apart
Yes this is caused by Tariffs that have not even been dreamed of yet. The system is ready to collapse – inflation is going up but yet the FED is cutting. That is how bad things are right now. You are screwed if you have not figure it out yet. Layoffs in all sectors. From the same crowd who told you it was all transitory – this ends badly for us all.