Fannie Freddie Chair: Powell out soon

[Anonymous]

https://thehill.com/homenews/administration/5398155-bill-pulte-jerome-powell-fed-resignation/amp/

Do you think this will boost stocks (lower rates all around!) or tank stocks (politicized Fed)?

[Anonymous]

BTC will rocket to the moon!!

[Anonymous]

Anonymous wrote:https://thehill.com/homenews/administration/5398155-bill-pulte-jerome-powell-fed-resignation/amp/

Do you think this will boost stocks (lower rates all around!) or tank stocks (politicized Fed)?

Stocks are already overvalued relative to company performance so I hope not.

[Anonymous]

Fake news

Pulte is an insane kook who broke the law by appointing himself head of both Fannie and Freddie.

[Anonymous]

Yeah Pulte is a nut who is making stuff up

[Anonymous]

Anonymous wrote:Yeah Pulte is a nut who is making stuff up

Certainly crazy enough to think he can will something into manifesting into reality by just saying it.

[Anonymous]

Too slow Powell should have lowered rates in the Spring of 24. He and Yellen were so out of tune with economic realities and most likely any reality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://thehill.com/homenews/administration/5398155-bill-pulte-jerome-powell-fed-resignation/amp/

Do you think this will boost stocks (lower rates all around!) or tank stocks (politicized Fed)?

Stocks are already overvalued relative to company performance so I hope not.

This.

[Anonymous]

Anonymous wrote:Too slow Powell should have lowered rates in the Spring of 24. He and Yellen were so out of tune with economic realities and most likely any reality.

In hindsight, no they shouldn't have, because tariffs raise costs for consumers artificially and as such the interest rates need to remain where they are. Lowering rates would be catastrophic for the economy, and when Powell leaves, not if, it will be worse, because there will be no more brakes on the US economy in terms of destroying it.

[Anonymous]

Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

[Anonymous]

Powell is useful to Trump. Trump has built the narrative of too late Powell so if the economy slumps Powell will be the scapegoat. If the economy stays great then Trump still gets the credit. Trump is a genius at effortlessly setting the narrative.

[Anonymous]

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

You were the one who predicted historic inflation under Biden and that Biden would allow Ww3 to start in Europe and dollar collapsing Brics to gain huge members under Biden since a clown with dementia was running the country. You're the man!!

[Anonymous]

The Fed masterfully walked the knife's edge in order for the US to avoid a recession during and after the pandemic. It could not avoid a certain amount of inflation.

Trump would make it all way, way, worse. He has no understanding of finances. I hope Powell stays in place until his term ends.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Powell is going to leave because Trump is about to start a smear campaign and frame him for malfeasance and misappropriation

https://www.cnbc.com/2025/07/13/trump-can-fire-powell-if-theres-cause-hassett.html

Powell's term ends on January 31st, 2028. If Trump succeeds in removing him before the end of his term, bond markets will collapse. The US dollar has already lost more than 10 percent of its value over the past few months. And the dollar will go into free fall from here if MAGA gets its fat little hands on the Fed. Interest rates will absolutely skyrocket. It'll be a disaster for the real economy. As for stocks, that's been hyper-inflated for a long time. Everyone is doing the TACO trade now. At some point there will be reckoning and stocks will return to historical P/E norms, which is much, much lower than where it's hovering now. But right now, it's all TACO all the time. I don't know why Republicans would want to disrupt that. The markets are being levitated by Trump's back and forth, knowing there's a responsible Fed in the background. Put a clown as head of the Fed, and money will flee this country so fast it'll make your head spin. Click of a keyboard.

Yes, the fringe economists in charge want to destroy the dollar. That is their goal, but it is resisting their efforts so far. The dollar is still the reserve currency worldwide. They need to do more to change that.