Comments by "Ray Bod" (@raybod1775) on "Bloomberg Television" channel.

  1. And what were the Republicans doing running up multi-trillion dollar deficits? I didn't see the federal budget go down under any Republican administration and I'm 63 years old. Get real.
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  2. I wonder if some Chinese investors invested heavily in Tesla a month ago.
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  3. No crash until after November election.
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  4. The Spanish flu became a world wide pandemic the year after it came out. This may not be over until 2023.
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  5. Fed did exactly what Trump wanted.
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  6. Communism didn't work for any other country, why would it work for the U.S.
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  7.  @UrbanOspreys  Israel is a tiny country and too many Palestinians want to end Jews and Israel. What about all the Islamic countries with whom they share a culture in common?
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  8. Inflation is highest for the poorest people in the US. Daily products for poor people are of worse quality and smaller amounts for the same price. The wealthy you are, the smaller the inflation rate relative to your income.
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  9. Max Smart Major crashes happen under Republican administrations because they remove laws that keep the 'animal spirits' in check. Stocks get overbought, excess growth in government deficit spending, excess risky borrowing in the private sector happens, and that leads to a crash which seems to be happening now. Look at historical facts. The propaganda put out by Republicans is a fantasy myth Republicans tell about themselves. They are not patriotic, not fiscally conservative, don't believe in free markets and they believe in a big Federal government. I'm 61 years old and have never seen Federal spending by Republicans decrease. I have never seen Republicans cut the number of laws on the books. The last Republican that passed a balanced budget was Eisenhower, but I was only a baby back then.
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  10. Only if corporate owned political parties get voted out.
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  11. Banks are getting money for 0% from the Federal Reserve. How about the rest of us 0%?
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  12. All Trump supporters need to put all their money into the stock market to support their President.
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  13. El-Erian is usually wrong. Fed will not be able to cut rates starting in June. Gasoline prices are up over 10% in last 6 weeks.
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  14. Reagan was another big deficit spender, not a fiscal conservative. He was no smaller government president. He spent like crazy.
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  15. Much of the UK financial assets are based on being in the Eurozone, so how can these assets ever recover from Brexit? The short term damage from Brexit will be severe for both Britain and Europe because of disruption in supply chains. So what is medium term recovery? 5 years, 10 years or a realization that this was a big mistake and Britain rejoining the EU?
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  16.  @grandmaida7819  Boarder needs to be closed to illegal crossings.
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  17. And spit.
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  18. If these job numbers are true, why doesn’t the Federal Reserve stop creating dollars and bring down inflation, which is really at 10% and not 5%.
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  19. carlos torres Most of the technology wasn't stolen by China, it was given to China so executives could get short term high profits by moving manufacturing to China so they could boost their bonuses. We in the U.S. were sold out by the business executives and Congress that allowed these sell outs to happen.
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  20. No, the Federal Reserve has proven it doesn’t care how high inflation gets, its job is to protect the assets of the wealthy.
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  21. Fascists are extreme left
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  22. Yes, the U.S. is following the path of Venezuela, just keep printing money to keep the markets going up.
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  23. Time to get rid of all the crop support programs, permanently.
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  24. TheHealthPhysicist You're denying reality. Record melting in Greenland, Alaska and probably everywhere in the Arctic region this year. Record flooding in the Midwest and record heat in Europe. Donald Trump the global warming denier as President undoing as much climate regulation as possible. The only busy political and business leaders are doing is destroying our climate as quick as possible. There is no hope as far as I can see. Look at the Bahamas and you see the future of all the coasts.
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  25. 99% of dollars are digital, they are not physical printed dollars.
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  26. Both parties. Trump and Republicans talk a game and vote the same.
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  27. Nobody who shops believes inflation is low, 20% or more for major appliances and building supplies.
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  28. RAM 1996 You're right. Western democracies should completely shut off doing any business with China. The systems are too different.
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  29. If JP Morgan goes into private debt market, it is acting as a private investment bank and should not be FDIC insured.
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  30. hokeypokeyalso1 Do you have facts to back up your rant?
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  31.  @MF-en1wg  The inflation figures are rigged to hide inflation. Real inflation is double what are reported.
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  32. Individuals need to be charged. Individuals are the ones doing the crimes.
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  33. Democrats need to read the legislation carefully and not allow another bail out to the rich like in 2008. I'll even contribute to the Democrats this year if they hold the line on Republicans giving money to the rich thieves that caused this crisis with their stock buybacks and excessive CEO salaries.
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  34. It’s more of a Ponzi scheme than a business when more sales only produce more losses with no model to profitability.
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  35. Please don't blame China what wealthy Americans have done to us, followed by the politicians, then the average Americans.
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  36. Stocks are propped up by the Fed. Never fight the Fed. The Federal Reserve has created the equivalent of 20% to 30% of the current GDP. It could create 100% of GDP in currency. The Fed is a law unto itself because they have the power to create unlimited dollars.
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  37. Low interest rates devalue currency, hurts bond holders, hurts less sophisticated investors, creates desperation for financial returns, creates excess valuation in stock markets, allows failing companies to exist on debt, forces banks to not acknowledge non-performing loans because of the outweighed expense of closing out loans, forces central banks to not acknowledge inflation by reconfiguring how inflation is calculated, allows governments to increase deficit spending and creates a malaise in the economy because low interest removes the profit incentive to compete well enough to pay to use money.
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  38. Fed has been reducing money supply, except money velocity is increasing and causing a rise in inflation.
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  39. Stimulus needs to be given to the middle class and poor, not Wall Street like in 2008.
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  40. They obviously don't have bonus worthy great staff because the bank is not doing well.
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  41.  @nikhilnewse3318  No, Trump ruined the economy with his deficit spending by cutting taxes for mostly the rich followed by a complete disaster of the handing of the pandemic which crashed the economy. He also ruined our relationships with allies and our trade deficit kept growing under Trump.
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  42. The Fed had a strong bite in the 1970’s, 45 years ago, all those people are long gone.
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  43. MooseT Obama is the guy that helped save the US from going into a depression thanks to Bush Jr. Oh, but that was 10 years ago, so I guess it doesn't count.
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  44. Democracy leads to mediocre leadership, sometimes just plain crooked and bad like Trump and Bush Presidencies.
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  45. Politicians love big corporations because it's easier to extort political 'contributions'
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  46. These guy don’t live in the middle class world. People have more money, but prices are going up faster than the value of their dollars or their income, so in reality people without substantial assets are poorer.
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  47.  @TRLgoodvibesdotcom  I was a child and bought small toys, small boxes of candies, my mother bought things for sewing, bowls utensils… not much different than what you find in dollar stores today. Dollar Tree announced it will start selling products more than a dollar so inflation has definitely caught up on the cheapest items.
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  48. The Federal Reserve is supporting the wealthiest first, then money trickles down to everyone else who will be stuck paying the bill.
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  49.  @phillip76  What does White have to do with anything?
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  50. Texans and Southerners need to man up and just get over it.
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