Comments by "Jeffrey Marshall" (@jeffreymarshall4572) on "CNBC Television" channel.

  1. The Fed blew the housing bubble. It’s up to the Fed to pop it.
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  2.  @Lenny1337i  Oil is definitely pricing in a world economic slowdown. Biden emptying the SPR is bringing oil down prices a bit too.
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  3. Huge upgrade from granny “transitory” Yellen and the other Biden administration nut jobs that couldn’t run a lemonade stand.
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  4. Never forget Biden bailed out public employee pensions in the ARA and also college students loans. But nothing for all of us who have to rely on SS.
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  5. Which is exactly why this is a bailout. Taxpayers will be on the hook to backfill the FDIC.
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  6. These Biden fools don’t have a clue. The Fed isn’t and hasn’t fought inflation because it can’t without popping bubbles and causing a recession. The Fed is just praying that the recession happens BEFORE they are forced to cause it.
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  7. The Fed should have never been a straw man buyer of $3 trillion of US mortgages. And they kept rates at 0% for way too long. This created the biggest housing bubble in history. Get ready for a long ride down…
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  8. “The US has the potential to…” Way to hang your self out there Mohamed.
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  9. The Fed won’t admit there’s inflation because their ultra loose money printing accommodative policies CREATED It.
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  10. Democrats won’t be happy until dollars are worthless. That will just solidify their power.
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  11. Why is the government ignoring the 800 lb. gorilla? 0% reserve ratio and overvalued debt assets? Until these two things are fixed we won’t know the true extent of the banking problems.
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  12. The Fed money printer and the US debt situation is a much bigger Ponzi scheme than FTX. The only question is how much longer until it unravels?
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  13. Joe and Becky are awesome. Get that woke idiot liberal kid off the show.
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  14.  @chiveerum  That was the problem. They censored content to comply with an agenda just like Goebbles did. Now under Elon it stands to be free speech. That should make any American proud.
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  15. Under “normal” circumstances, homes are a money pit just like a car. Sure, they might hold their value, but they also require thousands of dollars each year in maintenance and upkeep. Plus, I expect Fed tightening to end the party on outrageous home price increases - and most likely will cause prices to fall significantly over the next few years.
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  16.  @TheWesterosiNinja  Yes, thanks to record deficit spending and money printing combined record low interest rates and accommodative policies, the prices for everything are going through the roof. But Fed policy reversals are going to crush demand.
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  17. The Fed created this housing bubble with 0% interest rates for too long and gobbling up trillions in mortgages. This was exacerbated by trillions in Covid spending. This is all going away. The last leg standing is jobs. Once those start going away, home price declines will accelerate.
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  18.  @TheSpartan3669  Who knows if it will cost him anything. He was hoarding Twitter shares in the high $20s, did he sell any the $50s? That would have made him billions. It’s gonna be an ugly trial. Twitter will be exposed by overcharging advertisers based on number of real accounts. Plus, he gets off on it. He lives like a pauper and has got more money than he can ever spend so if he pukes up a few billion to poke fun at how fraudulent and biased Twitter is, so be it. The dude stirs the pot. That’s a good thing.
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  19.  @theunbearablebull  I’m a definite bear but I still have my investments. Who knows how much longer this charade can last? It’s only held together by trillions in deficit spending.
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  20.  @theunbearablebull  I still think there’s gonna be a nasty black swan event in the near future that starts the unraveling on this whole debt fueled financial Ponzi scheme. My prediction is a bond auction will go poorly that will start the rolling defaults.
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  21. Young people “driven more by purpose than by money.” Maybe that’s why these damn idiots want the rest of us to bail them out of their student loan debt.
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  22.  @ComedyMisfitss  Wrong. Futures are just a projected estimate. CPI, on the other hand, is based on actual data. Besides, the bond market portends inflation is going to be high for quite some time - and the Fed isn’t close to being done tightening.
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  23. I don’t listen to anyone who sleeps with Chinese spies. Get this guy off CNBC
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  24. We’ve been in a recession since 1/1/22. Q2 will be contractionary.
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  25.  @pukes6273  Any reason to think trade will be better in Q2? The thing is tho, all that matters is real “inflation adjusted” GDP.
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  26.  @pukes6273  No, that’s not why I think we’re in a recession. Q2 will show demand destruction due inflation destroying disposable income.
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  27.  @adventuresinthebay8487  Not really. A solid state electronic device is much more reliable than a mechanical vehicle with all its parts that wear out. An iPhone is more similar to the PC of from the 80s-2000s. People bought them every year or two due to planned obsolescence even though you used them virtually the same.
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  28.  @yayger825  Like most other I cave to buying a new iPhone every year or two. But I always wonder why. Haha.
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  29.  @shdmd2118  Yes
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  30.  @tioswift3676  The 3s and 13 both have built-in phones, emails, texts, apps and cameras. Sure, the cpu speed is faster, the camera is higher resolution, and the apps are more plentiful and refined. If apple didn’t force obsolescence via non-support after a few years, there’s really not much reason to get a new one. It’s a unnecessary scam.
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  31.  @adventuresinthebay8487  Same reason. Just to get attention with the latest and greatest, even if the utility isn’t enhanced much.
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  32. Mortgage rates up 70% in just a couple months. Poised to go even higher. Fed ending buying MBS. Home Prices are all time highs. Inflation highest in 40 years or more than 100 years if calculated the same. Rise is exotic mortgages. Major war in Europe. What could possibly go wrong with home prices?
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  33.  @sociolocomtsac  Just read a couple articles that home prices already falling and we’re only a month into Fed normalization. Lots of mortgage industry people getting laid off. The dominoes are falling…
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  34. Pivot? All the Fed has done is turn the speed on the money printer from 10 to 9.
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  35. How can one argue that the stock market should be higher than pre-Covid? Public and private debt has exploded since then. Millions more out of the work force and may never return. Asset bubbles everywhere.
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  36. The only chance of corralling inflation IS a demand killing recession/depression.
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  37.  @Rob_G716  Will never happen. Not with Debt is this high and lenders will be able to name their price. Interest rates will likely be in double digits for decades.
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  38. Facebook has turned into woke censor nazi madness. Me and many others have canceled our accounts forever.
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  39. 100% chance of recession by 2023 and we’re likely already in it - especially if you look at real GDP.
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  40. I’m not buying that the Fed will ever end high accommodation. They are stalling, hoping a recession will crush demand to bail them out from popping bubbles.
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  41. Negative real interest rates have forced money to chase yield: stocks, housing and other risky assets. Any normalization of rates will cause an epic collapse. It needs to happen though.
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  42. Until EVs are 50% of all new vehicles sold, no one can pick a winner. They are still just a small niche vehicle compared to an ICE vehicle.
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  43. Sure, why not. If you are a super wealthy billionaire why not have 1-2% of your wealth in crypto and SPAC long shots “just in case” but fully expect to lose your entire investment.
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  44. That’s his point and why it’s a Ponzi scheme!
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  45.  @robertblue3795  No. QE is a relatively new phenomenon and pushes the Ponzi scheme to extreme levels. And ALL Ponzi Schemes end ugly
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  46.  @robertblue3795  And that will be our demise.
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  47. Home prices are all just an illusion by the Fed. If they dumped their $3 trillion dollar in mortgage bonds and let the free market determine mortgage interest rates, home prices would fall 50-80% depending on region. And that is before even mentioning how bad things would be if the US was forced to live within its means.
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  48. Before Obamacare and it’s expanded Medicaid most workers took whatever job they could get for the health benefits. Now they get even better insurance by not working. This was all predicted as a side effect of Obamacare. Add to that higher and higher food stamps, $3600 per child tax credits and many other programs, being unemployed is a good paying gig.
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  49.  @robertc801  That’s an excellent point and I agree. He seemed solid until he pivoted to bitcoin.
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  50. This economic mess is a long time coming. Things started to go off the rails after 9/11 started two wars and massively expanded government. After the GFC, the deficit spending went on overdrive. Worse, the Fed turned a straw man buyer by using its money printer to buy $9 trillion of debt instruments. This doesn’t end well.
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