Comments by "DrScopeify" (@drscopeify) on "Yahoo Finance" channel.

100% it was a set up.
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Yeah when Dollar rises ... Stocks get smacked around
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Well, they make real software
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@Freedo1234 Trump won't do that, there is a very good reason why central banks and the Governments are separate as politicians have incentive to always see stocks go up and high employment but that leads to inflation and prices going out of control like Argentina and Turkey so Trump will not do that he will let Powell do his job
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@Sachinrenjal Indeed that is part of the usual cycle usually the Dollar falls once the FED pivots in to recession to increase exports and raise GDP
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No its just a political game look at the timing with what is going on with Trump. But he will just get more support which is why it makes me laugh at their actions. Keep in mind the USA real national debt the Non-Governmental debt is 25 trillion so it is not even 100% of GDP I think in the 80% range it is too high but not as bad as it seems.
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They are playing a political game 1000000%
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EV production needs to ramp up more esepically here in the USA we are sooo behind. We really should open up the US car market to Chinese imports and just flood our country with Chinese EVs the price of cars will fall dramatically and reduce our demand for oil which would be an incredible boost to the economy.
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Becasue the events of January 6ht were minor and way over blown by media it was nothing and it occurred in the year 2020 so over 2 years ago. They are just trying to use their power to keep Trump away from winning but ti will only make his support rise the more establishment attack him
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lol what jokers
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Sure just more wild swings, central banks only came to be around 150 years ago started in Europe but they help to keep things stable as governments tend to want to use interest rates as a way to win elections and not keep the economy stable long term just look at Turkey their government took over the central bank
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Americans usually run out of money 6 months to 1 year after the rate hike stops like back in 2018-2019 cycle and even back to 2007-2008 so we are now today at 10 months from the FED pause in July 2023 and they were slow to pause so maybe already near the 1 year mark practically but due to all the stimulation of the economy maybe there is 2 more months left of fuel in the tank but the lower 50% or whatever of American people will run out of money pretty soon this really is the bottom of the tank here and that can lead to problems that are unexpected. July cut will be 1 year from the pause which is pretty typical but between now and when the Fed Pauses I think the chance of a mistake rises dramatically every single day. I think where something could break would be in the housing market surprisingly, due to such a tight market any jump in inventory could really punch hard.
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I saw this same comment before the 77 bids thing, are you a real person? Or a bot? I am not being mean I just saw this comment before on other videos which seems suspicious lol
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It has nothing to do with trump. Rates are sent by FED not by the president
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COVID inflation is a number of forces not just the FED, like any central bank they only have so much say. It is due to large numbers of Americans retiring early, baby boomers who re-evaluated their time on this planet running out and deciding to retire early which has raised the price of manpower, the rising cost of fuel after COVID, the shortages on things like electronics, the trade war with China, cost of logistics going up, people out sick from work and Americans demanding to work from home, and on top of all that the 5 trillion of Stimmy checks that Trump and Biden both issued and the FED did act slowly to fight inflation after 20 years of low inflation they were just not fast enough to identify the risk but all central banks around the world were slow, although Brazil and New Zealand did act before the FED so good on them.
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The US debt includes some 7 trillion of Governmental holdings for example Social Security alone has a net positive of about 3 trillion which is parked in treasuries as a safe place to store that cash. So once you removal the intergovernmental holdings you are left with some 25 trillion which is far below 100% debt to GDP so you must take that in to account. Also the USA has very low taxes many are paying well under 20% Federal tax and so there is a lot of room to increase to match with Europe at least 10% more maybe 15% but then growth will be slower. I personally am paying 15% income tax per year which I will say is too low. Yes they can and should raise taxes.
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10000%
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What is not working? Inflation is down from almost 10% to 4% so something is working.
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Well 7 trillion of the 32 is its own cash so it is paying itself the real non-governmental debt is 25 trillion which is not as bad as it seems but that is still too high but for example China has a much higher debt burden
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@Sha123-d7u Every time we had a rate hike cycle the FED had to run and cut becasue the economy started to fall apart like 2000 and 2008 but we did have a start to a normal cycle in 2017 when Powell himself hiked to 2.5% by end of 2018 and he started to cut rates in 2019 slowly until COVID happened and then he cut to 0% of course but until that he began to cut without the economy falling apart for the first time since the 1960s we had a normal cycle with no disasters. I just hope that Powell can pull it off for a second time, if he does I hope people respect his work, I am sure he is right now, at the minute looking over data and wanting BADLY to cut rates right now, at this very minute but he has to see inflation come down so it's a very tense time for the FED and Powell which is why he is so quiet, you don't see Powell at all now, he basically disappeared except for some conference event. He tried to get cuts started at the end of 2023 but then inflation went up again, the lack of houses for sale is the problem as housing is like 40% or whatever of PCE number. Anyway, we will wait and see, I think FED is DYING to cut but their hands are tied for now, sending out KASHKARI to scare everyone but we shall see.... The FED is on our side, they want inflation down and to cut rates fast to prevent disaster, that's what we all want.
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The US workforce is shrinking from 67% in 2000 to 64% in 2010 and down to 62% today and predicted to go below 60% in coming years, and with aging baby boomers who tend to do allot of work load meaning they do more work than what 1 younger person can do are going to be leaving the workforce by the millions in the coming years and so a ton of positions will go unfilled. In Germany the workforce participation is at 80% for comparison. I think AI might be able to fill the gap and save the higher end sectors but its hard to know for sure. AI has many many issues it repeats itself it comes to the same answers , so it is still has a long way to go to develop. What more is that the demand for work is mainly in physical jobs that AI can do nothing about such as Plumbers, Electricians, Machinists, shipyard workers, Military, Health Care workers like Nurses maybe just maybe truck drivers and Pilots can be automated but I have a hard time seeing that, Tesla promised self driving cars like 10 years ago and so far I am not seeing them on the road so this may take a lot longer than people imagine.
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