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Two Fed Rate Cuts Needed

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  • dcarrigg
    replied
    Re: Two Fed Rate Cuts Needed

    Originally posted by Mega View Post
    Don't agree
    I think the FED will not deliver, I mean why?
    Unemployment down, Blue col workers doing better...............why cut?
    Mike
    Unemployment is a funky stat in the US. Labor participation rate still isn't at pre recession levels. Blue collar workers really aren't doing any better at all that I can see. Low wage service jobs got a minimum wage boost in some states and cities. That's about it. Rent and healthcare still climb much faster than wages. Homeownership rates are still at 50 year lows. Still tens of millions uninsured. Things aren't great for anyone without stocks to trade.

    Leave a comment:


  • Mega
    replied
    Re: Two Fed Rate Cuts Needed

    Don't agree
    I think the FED will not deliver, I mean why?
    Unemployment down, Blue col workers doing better...............why cut?
    Mike

    Leave a comment:


  • vt
    started a topic Two Fed Rate Cuts Needed

    Two Fed Rate Cuts Needed

    http://scottgrannis.blogspot.com/
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