https://external-preview.redd.it/9kf5Q2PEhl4zRu03bZAH9Zs1PIeQp0U7jCRB75Zofvw.png?format=pjpg&auto=webp&s=03dc9a3228b3919dc4138e1e4d13e0caf7bf1a34
Best FED/Market rant I’ve ever heard. I love this man.
Best FED/Market rant I’ve ever heard. I love this man. from wallstreetbets
View Reddit by Fractoos – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Why don’t they bring this guy along to the next press conference?
He is on spot with the reporters they all asked the same question (When inflation end?). I was like hey the last 5 guys asked this, maybe you could take this opportunity to ask sth else dumbo.
He’s been a Perma Bull for the last decade…and right about 90% of the time.
He knows not to fight the Fed…but he did criticize them for being too dovish 2019-2021.
He’s a professor at one of the best biz schools on the planet.
He should be the Fed Chairman…
=
Jeremy Siegel is a fuckin legend of all legends, permabull stonks Stan. I remember the 1hr presentation he gave in our tradfi company 15 years ago as being the most impactful and simple macro 3xplanation I’ve ever had at that point of time.
Pains me to see you 2 bit idiots criticize this gem of an economist.
He’s looking at maintaining the dollar as the world reserve currency.
I have no confidence in the fed right now to do anything except break the currencies around the world and then have them wish the dollar was not the reserve currency. What they do with that wish is going to be interesting but wow powell sucks. All the fed’s data is backwards looking and the fed is hiking and hiking while saying that we won’t see the effects until months later. If we don’t see the effects, then why so fast? how are they supposed to know when they are overdoing it? They admit themselves they don’t know what is going to happen except for pain. I have zero confidence in the fed and after that “inflation is transitory” BS, I am surprised anybody else does either
Throw this guy and Cramer in a cage and add some cocaine 
He’s right we should’ve been raising rates in 2018 nothing crazy just slowly.
I have said since 2020, JP’s Fed is irrational. First the unnecessary boost of liquidity in 2020 flooding the markets with shit that wasn’t needed. Money thrown at it when the economy is halted is money wasted. Money has to be put when the economy is in recovery which is now.
Dude was just about to retire and JPow ruined his sweet boomer portfolio.
I mean he’s got a point. The Fed has absolutely no idea what they’re doing half the time, the other half just blatantly wrong.
Every reporter in that room knew exactly what questions they could or couldn’t ask about. Kabuki theatre. Pretend til the end….
I feel ya bruh!
ZIRP
DERP (we are here)
NIRP
“Inflation may be at a 40 year high, but at least housing is imploding, the market is crashing, the world is in a global recession and 2 seconds after the midterms the BLS will find a missing folder with 10 million unemployed workers.”
— zerohedge (@zerohedge) September 23, 2022
[https://twitter.com/zerohedge/status/1573349772328583170](https://twitter.com/zerohedge/status/1573349772328583170)
Well I mean the fed ran the market up while the chairs could still insider trade.
Then once they backed out of the market after getting caught they decide time to burn this mother down.
The real rates are still negative right. Inflation 8% minus the 10 year, 2 yr at 4 % is neg 4% ish. Feds easy money should of been done by 2012, 2015 at the latest. It only created asset inflation did not get to the right areas of the economy sufficiently. Prices at supermarket are still sky high so is housing, stocks. The Fed should have purged the financial system a long time ago. Keep raising them rates.
The man’s ears are smoking half-way through – endowment not doing so hot this year for the ivy leagues eh?
Dude is just butt hurt talking his book. Powell is doing the right thing. He is intentionally using trailing indicators to cover his actions, just as the Fed has always done. But this time his goal is to break the Fed Put which has destroyed the power of the Fed and distorted markets. Inflation must be controlled. This is far more important than pleasing rich investors.
Anyone get his whole segment, I caught a bit of him this afternoon. Would like to watch whole thing.
I rarely see a man apoplectic, but that was as good an example as I can find. He’s also right, and should be mad, but I’m really not sure if the financial reporters even know enough to ask the questions that need to be asked.
He looks like he’s being animated by a ventriloquist
“Collapse of commodity prices” – LOL, still higher than they were in February of this year.
After seeing him be unabashedly bullish for months, this feels good.
If they had over 100 years of economic data to base decisions….it’s political. They’re trying to wipe you out. It won’t make sense until you accept that.
He bought the dip and it kept dipping
Oil from 127 in June to 78 bucks yesterday looks like deflation to me. Wheat down 30%, corn/soy down 10-15%, etc etc.
Absolutely WHAT?????
Stock market isn’t the economy. If they don’t decrease inflation then you’ll really see a problem with your portfolio.
He’s angry that the Fed is tightening too much, but problem is that the Fed HAS to act more hawkish than they would otherwise because they have zero credibility. The market will front-run literally any dovish thing JPow says, therefore easing financial conditions before they’ve even fully tightened. I mean, did he not see how equities, bonds, and credit all rallied hard over the summer just because of a hint of some sort of “pivot” from JPow?
They obviously made a major policy mistake (probably one of the worst in the Fed’s history) in 2021 by keeping QE and ZIRP for WAY too long. But, the fact that they are now going to hike rates into a recession isn’t a new policy mistake, it’s merely the inevitable result of the policy mistake they already made.
Sooooo do people realize yet that it’s a corrupt system centered around crime and reporters are given a list of questions they’re allowed to ask and that any change or rule is written to continue the corrupted system…??
Mr. Siegel is 100% correct. Powell is totally incompetent and f’ed everybody. His job as the Fed Chair should be transitory…..
I was just watching this and thought about posting it. Couldn’t help but die laughing.
He’s economic professor, some 50 years. A lot of experience talking there.
u/savevideo
Basically calls the fed a bad mafia
Does he think the FED will ever say exactly why they are doing what they do? They wont. Because it’s not something that anyone should ever hear (philosophically speaking), and not something people will want to except without creating a literal day of the rope.