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Phillip Ellis
Yahoo Finance
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Comments by "Phillip Ellis" (@phil20_20) on "Yahoo Finance" channel.
This is what killed Rome
11
The Fed always overdoes it. They should raise interest very slowly, and stop at 2-2.25%.
11
They've been telling us this for 2 quarters now. There should be no surprise.
10
Is a recession really inevitable every once in awhile, or is it just economic incompetence?
10
Just don't ask her about nuclear power, because she hasn't got a clue. Other than that though,...
7
25T gdp vs 17T gdp - it seems the gap is widening rather than narrowing. Certainly slowing gains.
6
More data coming before Sept meeting. One big inflation report and one big jobs report. The difference between .5 & .75 is all speculation at this point. One consistency is they will still need to go higher after September.
6
Because the pay still sucks!
5
I still think we should try keeping interest at 2% to keep inflation at 2% - obviously after we get to 2 percent, not before. I think we have to look at the big picture ðž better.
5
They should start raising sooner and not as fast, and they shouldn't go higher than ~2%.
5
They definitely should be moving sooner, because waiting forces them to move too fast when they do. That's classic Fed. They undo all the strength they spent the last several years building.
5
.75% for sure in September.
5
There's no reason not to go another .75 in September. They can adjust either way after that. They're not done yet.
4
.75... The hard fact is, Minimum wage has been too low and getting lower for decades. That's why it's going to take years for the job market to stabilize. Conservatives asked for this.
4
Interest rate up in 2022
4
Discipline
4
When there's a chicken virus, so you double the price of milk. No wonder the working class loves Wall Street!
3
Interest Rates ^ this Spring... ð
3
They want it below 2.5% Core PCE for 6 months. You gotta take him at his word and it becomes simple math.
3
She says she's going to work on the loophole separately. ðð
3
There are also investors keeping properties on the market to avod paying taxes, and then secretly buying them up before anybody else. Buddies with realtors... Really, it looks like we're going to have to go back to project housing.
3
Credit Cards are a total ripoff. Use a debit card. Credit ratings are highly overrated.
3
Fed objective should be 2.5 for both inflation and interest. 2.0 is too tight, and historically, too hard to keep in balance.
3
Meanwhiile the few have all the money. This might as well be the Middle Ages.
3
Nothing to it! 6% next year. ðĒð
3
I think they should, but if they go .5, they'll still be going up again after that. Either way, they can be expected adjust further into '23. I think it's better to do it before the Santa Claus zone so they don't ruin Christmas like they did in '18.
3
Woulda Should Coulda
3
Just off the cuff, I would have made it a seven day waiting period. 5 days just doesn't seem prudent.
3
Over a year? What have you been smoking? Lemme guess, a CBD investor!
3
No, that was Omnicron!
2
ð Good Luck. We'll be lucky to get back to that 2%.
2
ððð
2
ðŦ NOoooOO! Not the Plateauuuuu!
2
Unemployment should be 2.5%. Anyone who wants to work should be able to find a job & Pay is still way too low. All the fatcats make more than they need while the real workers starve so they can feed their children.
2
If it goes .75 in September, the Fed still won't hit their expected estimate of 3.25 - 3.5, and they can stop and wait into January.
2
Sharp Lady
2
Especially to where they brought the Wuhan Virus the first time they spilled it.
2
The contraction is slowing... They're already expecting to hit 3% interest by the end of the year. Why wouldn't they go with another .75% in September? They can even skip one or two after that. No reason to wait! A reduction next year is a pipe dream. Some bankers' been smokin' too much weed.
2
When Biden repeats himself, repeats himself, you know it's dramatic! If you're a corporation making big money in this country, you'll have to pay the babysitter now.
2
Are they bad for you or not? ðĪŠ FDA's kids really want their Jule!
2
META, very small fish ð
2
Yeah, kinda makes you wonder what the DOJ has been doing for the last decade. I tried to download Telegram from their own store after the warning, but Android wouldn't let me!
2
Think about - the future! ðģââïļ
2
China is going to kill Tesla someday, at least in China. ðĒ He's not Han, he's little people.
2
25 - 17 = 8%
2
.75 it will be unless there are significant changes in the new inflation report Friday.
2
At least 4%, and up to 6%. No drop in 2023.
2
;)
2
The big fish who can handle the risk are cleaning up while everyone else holds back. Apple and Tesla are still raking in profits. What's going on is de-risking.
2
Not much...
2
Hah! "Saudis turn Biden down..." ð I think they were already planning that 100k increase...
2
For those who haven't realized it yet, Climate Change is happening exponentially. It is going to get worse a lot faster from now on.
2
Hopefully not GMOS, but share cropping will be the wave of the future. ðŪ
2
You mean overbearing, greedy bosses aren't coming back.
2
Yeah like Fix News.
2
That was a weird tax.
2
"Technical Definition?" Some journalist came up with it...
2
50 years later, after Sierra Club turned away for Big Oil Money. OMG, Dude! How can you say Nukyaler! Shameful
2
Obviously right on track. They already said they would make adjustments. I say they should just keep the rate at 2%...
1
China has been pressing their claim to Taiwan and Speaker Pelosi stepped in their way. They have no rights whatsoever to Taiwan.
1
ð
1
No later than March for sure, interest rates up. Still tapering Q-easing yet to go.
1
They need to go slow whenever they do it. When they try to go fast, they always cause more trouble than they help.
1
What everyone knows is that the Fed waited far too long to start raising rates when the warning signs were there. Now they have created a complete mess and they don't really know how to get out of it.
1
Exactly Right: The Fed needs to stay at or below 2-1/4%. Right now, it should be obvious that it's too low for good finance.
1
You really need travel restrictions from everywhere for it to work. If you just required masks, testing, and vaccines, even giving them ourselves, you'd have good containment.
1
Oh no, now there's an epidemic of vaccinations! Once we fix the virus problem, we'll have so much pollution, we'll still need the masks. ð
1
Dah, Comrade!
1
.75 :D
1
Walmart is doing walk-in Pfizer shots.
1
Guess that might affect inflation, huh?
1
Tragic
1
It's a mistake - they should stick to their current tapering schedule, and VERY SLOWLY start to bring the interest rate up in the Spring of 2022. No more than 1/4 at a time. They did it too fast last time. They should even stretch it out to several quarters between jumps, and stop at 2%. The Fed governors always want to move too fast or wait to long to do the right thing. Powell keeps them in line. 2% is the magic number to stabilize inflation without dragging the economy down and raising unemployment.
1
Mitch McConnell is sabotaging our country.
1
If Trump wins, the Republicans will have no motivation to pass any reasonable stimulus plan other than for big business.
1
And he wanted to take this act to India!
1
We'll see...
1
They should stay at 2%. They must have listened to me. ððð
1
So that's why gasoline prices lag oil prices.
1
Some "advisors" made that up to move bond prices.
1
1/4 in January?
1
'Kick in the...'
1
ð
1