We make ourselves crazy interpreting the difference between 8.1 or 8.3 inflation when in reality, if measured correctly, real inflation is closer to 17%..
I believe Turkey is the 19th largest economy (by GDP) in the world, and their currency is imploding. If you don’t think we have a global currency crisis, you’re not paying attention.. central banks and their short sighted and reckless actions are the root cause
Today’s data shows inflation has fallen over 60% from its peak, but we have more to do to lower costs.
My plan would lower the cost of housing by building and renovating 2 million homes, and I’m calling on corporations with record profits to pass their savings to consumers.
Here’s a novel idea.. maybe the airlines and Boeing should sell all the shares they purchased in buybacks to U.S. citizens 401k’s and other retirement accounts at a 25% discount.
A year ago today my mother passed away. One of five women to graduate from
@FordhamLawNYC
in 1963. Took and passed the NYC Bar in March of 1964, after having me in December of 63. Met my father on the first day of law school.
By the way.. that overnight repo market that almost everyone said was “no big deal” “business as usual”.. they will write books on that when the true cause is finally revealed
I have an idea… we should allow a group of unelected academics control the economic fate of our country. We will give them carte blanche and there will be zero ramifications to any of them if things go to shit..
The vitriol towards Chairman Powell is misplaced. It should start with Greenspan, spike with Bernanke, and simmer with Yellen. The current chair is just cleaning up their mess. Markets will adjust and future generations will thank him. All my opinion
No, liberalism isn’t a disease, nor is being a conservative, or libertary. Dogma and residing in an echo chamber that reinforces one’s belief system while demonizing others is the disease
Fed wants 2% inflation.. 1. Be careful what you wish for 2. If they measured inflation with actual things that impact our lives, they would realize we are well north of that 3. They’re screwed and they know it OR they’re screwed and they’re too arrogant to see it
Hard to believe, but 14 years ago today,
@CNBCFastMoney
was launched as a daily show from
@Nasdaq
. There are so many people to thank, but first and foremost, a heartfelt thanks to our audience. It’s a privilege every single night that none of us takes for granted
Given recent events, it’s pretty clear that the biggest threat to our republic isn’t a caravan some 1,000 miles away.. the biggest threat is already here in the form of bigotry, hatred, and abject ignorance
I will say again, for emphasis, amongst the many villains of the 21st century, central bankers, specifically our federal reserve, will go down as some of the most destructive
How much hormones like testosterone and medications for mental illness was the transgender Nashville school shooter taking?
Everyone can stop blaming guns now.
Liz Cheney putting country above party, brains above bloviation, and methodical fact finding above bullshit platitudes is renewing my faith that there are still some reasonable people out there
It’s virtually impossible to overstate the stupidity, lack of empathy, self absorbed comments by Joy Behar on The View.. It’s unfortunate that her travel plans to Italy have been delayed by first, a global pandemic and subsequently unrest, upheaval, war & loss of life in Ukraine
The Fed was 100% on the right path in October/November 2018 when they were raising rates, reducing the balance sheet. Yes, the market reacted, but it would have adapted. There was NO crisis then to do an about face for
Gas prices are down $1.40 from their peak after Russia’s war, but they’re still too high.
My Administration is releasing 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve ahead of July 4th, which will lower prices at the pump when folks need it the most.
Earlier this week, Jean Potvin passed away. Out of respect for the Potvin Family, the
@NYIslanders
, and the sport, I think
@NYRangers
fans should refrain, if only for tonight, from the chant heard every home game since February 1979
I wanted to send a heartfelt thanks to everyone that took time out of their busy days, made even more so this time of year, to wish me a Happy Birthday.. “no man is a failure that has friends.”. By virtue of that alone, I feel extraordinarily successful.. thank you all
I’m sure you believe this to be both clever and funny. I can assure you however, that it is neither. That being said, even if it magically rose to that level, the office you were elected to serve, deserves and requires a level of decorum that this falls woefully short of meeting
I have two sisters, but
@karenfinerman
has become my third over the last 15 years.. she and her family have become family and I wish her the happiest of Birthdays today!!
Understanding how “dug in” people are, and no amount of evidence will change opinions, but these January 6 hearings are, in a word compelling, and without question, incredibly damning
With limited fanfare,
@CNBCFastMoney
celebrated it’s 16 year anniversary this week. Heartfelt thanks to all that made this show possible from the early development stage in 2006, all those behind the scenes, and our incredibly loyal viewership
This isn’t an effing Chevy Tahoe you’re describing. It’s a human being that’s meant more to this country than 99.9% of our population.Her compromised health isn’t bad news for the left, it’s bad news for all of us.Tone deaf doesn’t begin to describe your comments. Happy Holidays
So let me get this straight. On June 19, a day that has historically commemorated emancipation from slavery in Texas, the President is holding a rally in Tulsa, Oklahoma, the site of one of the worst, if not the worst race riots in the history of our nation 99 years ago
#tonedeaf
At a time when young people across the country are struggling economically, President Biden’s decision to reduce the outrageous level of student debt they face will be extremely helpful. Millions will now be in a better position to start families & buy homes. This is a big deal.