Reply to Market feels very overvalued--go to cash for a while?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Financial analysts all claim messing with the Fed will tank the market yet Trump firing one of them barely even phases the market. Now's the time to hustle Boomers into buying your gold and crypto. [/quote]

So i take it you’re not at all concerned with the independence of the Fed. lol. Let’s see how that goes. I’m sure international investors will be pleased. Also, gold is up like 75% this year, so yeah, it’s not a bad time to buy gold ETFs. Especially once we start the money printing press to add to the 37 trillion in debt we have.

“It’s a bold move, cotton! Let’s see if it pays off for them!”[/quote]

Also the PP doesn’t seem to know that the Fed governor hasn’t actually been fired until Jerome Powell does so, which he has not and there is still potential for SCOTUS to intervene. The markets are holding judgment until they see what transpires, but they are familiar with cases like Turkiye where leaders mess with central bank independence and you end up with 80 pct inflation.

At some point, they’ll decide that the environment here is just too chaotic/unprofessional and both the bond markets and stock markets will have a very rough period.[/quote]

Wow, you're making fun of that PP but then say that SCOTUS will intervene? What are you smoking? [/quote]

This will be decided by the courts, and despite its commitment to central bank independence, the Fed made a statement that they will abide by the court’s decisions.  What SCOTUS will do, I have no idea. [/quote]

LOL.  If you don’t know what SCOTUS will do you clearly haven’t been paying attention.[/quote]

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