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

  1. Now we have banks failing from the declining value of their long term yield assets. I wonder how much the $9 trillion of this garbage the Fed bought is now worth? Seems the financial collapse is coming quick.
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  2. Sure it will. Crush income and demand and supply problems go away too.
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  3. The Fed’s role is to keep the Ponzi scheme going. Instead of having healthy smaller recessions, the Fed has manufactured a much, much larger and more destructive one when it happens.
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  4.  @user-bj1rg6sm5n  We got lucky for a long time but when you play with fire you will eventually get burned. 0% rates for too long, $9 trillion in Fed straw man purchases of mortgages and US debt, and trillions in needless deficit spending packages unleashed inflation. We will likely never see 2% inflation again.
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  5.  @dorbid  Dude, everyone who has a job got a tax cut. Families got their child tax credits doubled and tax deductions were also doubled. The only people who got stiffed were the filthy rich limousine liberals who got their SALT capped.
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  6. Joe Kernen is the best!
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  7. The fact they you’re calling a “peak inflation” and “peak fear” means we aren’t even close to it.
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  8. It speaks volumes that the Fed still hasn’t moved to restore reserve ratios and force assets to be properly priced.
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  9. David is right. The recession is here now or will be much sooner than late 2023. This economy is just too fragile and manipulated to withstand a few more rate hikes without withering. Add to that the $9 trillion portfolio liquidation and the $hit will be hitting the fan by fall.
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  10. $3 trillion in Fed MBS buying is massive . We would have to liquidate the entire market cap of Apple, Tesla and Google to buy that many mortgages. And who is going to buy an asset with a huge negative real interest rate? The Fed is going to take a bath on all these 3% mortgages they bought.
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  11. A dirty face diaper not allowing carbon dioxide to properly exit your pie hole is more unhealthy than Covid risk.
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  12. He’s saying the market isn’t pricing how aggressive the Fed is gonna be. 5% federal funds rates would mean 8-10% mortgages. Goodbye housing and any leveraged business at that rate.
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  13. This market is complete fraud held together by record low manipulated interest rates, deficit spending and trillions in money printing. When rates rise zombie and over-leveraged companies are going to be exposed everywhere.
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  14. Exactly. There just aren’t enough non central bank buyers to absorb $3 trillion in mortgages without rates skyrocketing.
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  15. How can any reversal of the Fed actions that created the bubbles NOT pop the bubbles in a dramatic fashion?
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  16. Ayn Rand is spinning in her grave about these proposed wealth taxes. Reminds me of post revolution Dr. Zhivago.
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  17.  @treesnmoguls  True, but price and mortgage interest rate are the top two by far.
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  18. I’m not buying any of it. EVs are just a niche vehicle for the wealthy, woke assholes. Besides, many ICE vehicles are currently nearly impossible to get. I’ve been waiting over 2 months for my Toyota Camry Hybrid to be built.
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  19. The US economy is and has been addicted to near 0% interest rates for over a decade. Fed rate increases are going to crush it.
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  20. @San Diego Mortgage Defaults How you figure? 7% rates and record high prices are going to vastly limit the number of approved buyers. As as job losses accelerate, it will get even worse.
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  21. Investors have been rewarded for buying the dip for 2 years. If the Fed truly does follow through with turning off the money printer and raising rates, the only “bounces” are going to be dead cat ones.
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  22. Gordon is 100% right. EVs are a niche and soon voters will be demanding a repeal of anti-ICE mandates.
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  23. I don’t see avoiding a recession/depression is possible. Rate increases are going to start exposing a ton of zombie companies. Debt is getting expensive, Jobs losses are going to start exacerbating and ripple through the economy.
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  24. Shut up Jim. The Fed (along with congress) has screwed up royally. The Fed should have begun to normalize rates and stop QE in the summer of 2020. Instead they created massive inflation and bubbles that will be very painful once the Fed is finally forced to pop them. The only thing that will let the Fed off the hook is a massive recession/depression that happens before they actually do anything significant. That’s why they have been lying about it for so long.
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