CORONAVIRUS/COVID-19/ECONOMY/FEDERAL RESERVE/VACCINES: “The Federal Reserve is wrong so often. I see the numbers also, and do MUCH better than they do. We will have a very good Third Quarter, a great Fourth Quarter, and one of our best ever years in 2021. We will also soon have a Vaccine & Therapeutics/Cure. That’s my opinion. WATCH!“ […]
Category: Federal Reserve
3/13/2020
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Federal Reserve must FINALLY lower the Fed Rate to something comparable to their competitor Central Banks. Jay Powell and group are putting us at a decided economic & physiological disadvantage. Should never have been this way. Also, STIMULATE!” –Donald Trump, Twitter.com, March 13, 2020 8:44 am […]
3/10/2020
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Federal Reserve must be a leader, not a very late follower, which it has been!” –Donald Trump, Twitter.com, March 10, 2020 9:02 am […]
3/10/2020
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast and lowered too late, should get our Fed Rate down to the levels of our competitor nations. They now have as much as a two point advantage, with even bigger currency help. Also, stimulate!” –Donald Trump, […]
2/11/2020
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “When Jerome Powell started his testimony today, the Dow was up 125, & heading higher. As he spoke it drifted steadily downward, as usual, and is now at -15. Germany & other countries get paid to borrow money. We are more prime, but Fed Rate is too high, Dollar tough on […]
1/28/2020
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Fed should get smart & lower the Rate to make our interest competitive with other Countries which pay much lower even though we are, by far, the high standard. We would then focus on paying off & refinancing debt! There is almost no inflation-this is the time (2 years late)!” […]
12/2/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Fed should lower rates (there is almost no inflation) and loosen, making us competitive with other nations, and manufacturing will SOAR! Dollar is very strong relative to others.” –Donald Trump, Twitter.com, December 2, 2019 5:21 pm […]
12/2/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Manufacturers are being held back by the strong Dollar, which is being propped up by the ridiculous policies of the Federal Reserve – Which has called interest rates and quantitative tightening wrong from the first days of Jay Powell!” –Donald Trump, Twitter.com, December 2, 2019 4:19 pm […]
12/2/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “…..Reserve should likewise act so that countries, of which there are many, no longer take advantage of our strong dollar by further devaluing their currencies. This makes it very hard for our manufactures & farmers to fairly export their goods. Lower Rates & Loosen – Fed!” –Donald Trump, Twitter.com, December 2, […]
11/18/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “At my meeting with Jay Powell this morning, I protested fact that our Fed Rate is set too high relative to the interest rates of other competitor countries. In fact, our rates should be lower than all others (we are the U.S.). Too strong a Dollar hurting manufacturers & growth!” –Donald […]
11/18/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discussed including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U. & others, etc.” –Donald Trump, Twitter.com, November 18, 2019 11:01 […]
11/18/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Just finished a very good & cordial meeting at the White House with Jay Powell of the Federal Reserve. Everything was discused including interest rates, negative interest, low inflation, easing, Dollar strength & its effect on manufacturing, trade with China, E.U. & others, etc.” –Donald Trump, Twitter.com, November 18, 2019 10:49 […]
10/31/2019
CHINA/ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump on Thursday [10-31-19] said the U.S.’ own central bank poses a bigger threat to the economy than China because it is keeping interest rates at levels that are higher than in other countries…The central bank on Wednesday [10-30-19] cut interest rates for the third time since July, but […]
10/31/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “People are VERY disappointed in Jay Powell and the Federal Reserve. The Fed has called it wrong from the beginning, too fast, too slow. They even tightened in the beginning. Others are running circles around them and laughing all the way to the bank. Dollar & Rates are hurting…” –Donald Trump, […]
10/31/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….our manufacturers. We should have lower interest rates than Germany, Japan and all others. We are now, by far, the biggest and strongest Country, but the Fed puts us at a competitive disadvantage. China is not our problem, the Federal Reserve is! We will win anyway.” –Donald Trump, Twitter.com, October 31, […]
10/29/2019
EU/FEDERAL RESERVE/JAPAN/TRUMP AS PRESIDENT: “‘Over in Europe and Japan they have NEGATIVE RATES. They get paid to borrow money. Don’t we have to follow our competitors?’ @Varneyco Yes we do. The Fed doesn’t have a clue! We have unlimited potential, only held back by the Federal Reserve. But we are winning anyway!” –Donald Trump, Twitter.com, […]
10/24/2019
FEDERAL RESERVE/GERMANY/TRUMP AS PRESIDENT: “The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate. Take a look around the World at our competitors. Germany and others are actually GETTING PAID to borrow money. Fed was way too fast to raise, and way too slow to cut!” –Donald […]
10/9/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “They don’t have a clue, but I do. The USA is doing great despite the Fed! https://t.co/85aW2YGehY” –Donald Trump, Twitter.com, October 9, 2019 8:47 am […]
10/1/2019
FEDERAL RESERVE/TRADE WARS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [10-1-19] lashed out at the Federal Reserve after a widely tracked gauge of U.S. manufacturing showed the sector shrank for the second straight month, coming in at its worst reading since 2009. Manufacturers have been slammed by a sharp drop in new export orders as […]
10/1/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to get so strong, especially relative to ALL other currencies, that our manufacturers are being negatively affected. Fed Rate too high. They are their own worst enemies, they don’t have a clue. Pathetic!” –Donald Trump, Twitter.com, October 1, […]
9/22/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘Go across the world and you’ll see either very low interest rates, or negative rates. The President wants to be competitive with these other countries on this, but I don’t think he’ll fire Jay Powell (even if I should!).’ We should always be paying less interest than others!” -Donald Trump, Twitter.com, […]
9/18/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Jay Powell and the Federal Reserve Fail Again. No ‘guts,’ no sense, no vision! A terrible communicator!” –Donald Trump, Twitter.com, September 18, 2019 1:25 pm […]
9/16/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “…The United States, because of the Federal Reserve, is paying a MUCH higher Interest Rate than other competing countries. They can’t believe how lucky they are that Jay Powell & the Fed don’t have a clue. And now, on top of it all, the Oil hit. Big Interest Rate Drop, Stimulus!” […]
9/16/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Producer prices in China shrank most in 3 years due to China’s big devaluation of their currency, coupled with monetary stimulus. Federal Reserve not watching? Will Fed ever get into the game? Dollar strongest EVER! Really bad for exports. No Inflation…Highest Interest Rates…” –Donald Trump, Twitter.com, September 16, 2019 6:47 am […]
9/11/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The world has gone topsy-turvy. President Trump invited, and then disinvited, the Taliban to Camp David. Taylor Swift is in a long-term relationship, and Popeyes put its fried chicken on a bun. Now Mr. Trump wants the Federal Reserve to join everyone else in the upside down that is 2019. The […]
9/11/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet…..” –Donald Trump, Twitter.com, September […]
9/11/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….The USA should always be paying the the lowest rate. No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of ‘Boneheads.’” –Donald Trump, […]
9/6/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “China just enacted a major stimulus plan. With all the Tariffs THEY are paying to the USA, Billions and Billions of Dollars, they need it! In the meantime, our Federal Reserve sits back and does NOTHING!” –Donald Trump, Twitter.com, September 6, 2019 10:05 pm […]
9/6/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “I agree with @jimcramer, the Fed should lower rates. They were WAY too early to raise, and Way too late to cut – and big dose quantitative tightening didn’t exactly help either. Where did I find this guy Jerome? Oh well, you can’t win them all!” –Donald Trump, Twitter.com, September 6, […]
9/3/2019
ECONOMY/FEDERAL RESERVE/GERMANY/TRUMP AS PRESIDENT: “Germany, and so many other countries, have negative interest rates, ‘they get paid for loaning money,’ and our Federal Reserve fails to act! Remember, these are also our weak currency competitors!” –Donald Trump, Twitter.com, September 3, 2019 8:45 am […]
9/1/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “RT @realDonaldTrump: If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak compa…” –Donald Trump, Twitter.com, September 1, 2019 9:04 am […]
8/30/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “RT @SenThomTillis: Unreal: the fmr Fed Chair is lobbying the Fed to use its authority to meddle in the election to defeat @realDonaldTrump.…” –Donald Trump, Twitter.com, August 30, 2019 11:17 pm […]
8/30/2019
ECONOMY/FEDERAL RESERVES/TARIFFS/TRUMP AS PRESIDENT: “If the Fed would cut, we would have one of the biggest Stock Market increases in a long time. Badly run and weak companies are smartly blaming these small Tariffs instead of themselves for bad management…and who can really blame them for doing that? Excuses!” –Donald Trump, Twitter.com, August 30, 2019 […]
8/30/2019
ECONOMY/EU/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Euro is dropping against the Dollar ‘like crazy,’ giving them a big export and manufacturing advantage…and the Fed does NOTHING! Our Dollar is now the strongest in history. Sounds good, doesn’t it? Except to those (manufacturers) that make product for sale outside the U.S.” –Donald Trump, Twitter.com, August 30, 2019 […]
8/30/2019
FEDERAL RESERVE/TARIFFS/TRUMP AS PRESIDENT: “….We don’t have a Tariff problem (we are reigning in bad and/or unfair players), we have a Fed problem. They don’t have a clue!” –Donald Trump, Twitter.com, August 30, 2019 8:55 am […]
8/29/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Economy is doing GREAT, with tremendous upside potential! If the Fed would do what they should, we are a Rocket upward!” –Donald Trump, Twitter.com, August 29, 2019 8:05 am […]
8/28/2019
FEDERAL RESERVE/G7/TRUMP AS PRESIDENT: “Our Federal Reserve cannot ‘mentally’ keep up with the competition – other countries. At the G-7 in France, all of the other Leaders were giddy about how low their Interest Costs have gone. Germany is actually ‘getting paid’ to borrow money – ZERO INTEREST PLUS! No Clue Fed!” –Donald Trump, Twitter.com, […]
8/27/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Federal Reserve loves watching our manufacturers struggle with their exports to the benefit of other parts of the world. Has anyone looked at what almost all other countries are doing to take advantage of the good old USA? Our Fed has been calling it wrong for too long!” –Donald Trump, […]
8/27/2019
ELECTION/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “A former top Federal Reserve official implied that the central bank should consider allowing President Trump’s trade war to hurt his 2020 election chances, an assertion that drew a firestorm of criticism and a rare pushback from the Fed itself. William Dudley, the former president of the Federal Reserve Bank […]
8/23/2019
DEMS/FEDERAL RESERVE/TRUMP AS PRESIDENT: “RT @MariaBartiromo: The Fed had the Democrats’ back for years: Rep. Gohmert https://t.co/0n0KiCvF3n @MorningsMaria @FoxBusiness” –Donald Trump, Twitter.com, August 23, 2019 8:07 pm […]
8/23/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” –Donald Trump, Twitter.com, August 23, 2019 9:57 am […]
8/23/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “As usual, the Fed did NOTHING! It is incredible that they can ‘speak’ without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work ‘brilliantly’ with both, and the U.S. will do great…” –Donald Trump, […]
8/23/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….My only question is, who is our bigger enemy, Jay Powel or Chairman Xi?” –Donald Trump, Twitter.com, August 23, 2019 9:40 am […]
8/23/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “As usual, the Fed did NOTHING! It is incredible that they can ‘speak’ without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work ‘brilliantly’ with both, and the U.S. will do great…” –Donald Trump, […]
8/23/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Now the Fed can show their stuff!” –Donald Trump, Twitter.com, August 23, 2019 8:01 am […]
8/23/2019
ECONOMY/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “Jerome H. Powell, the Federal Reserve chair, kept future interest rate cuts squarely on the table on Friday [8-23-19] but suggested that the central bank was limited in its ability to counteract President Trump’s trade policies, which are stoking uncertainty and posing risks to the economic outlook. Mr. Powell’s remarks […]
8/23/2019
CHINA/FEDERAL RESERVE/TARIFFS/TAXES/TRUMP AS PRESIDENT: “President Trump said he would increase taxes on all Chinese goods and demanded that American companies stop doing business with China as his anger toward Beijing and his Federal Reserve chair boiled over on Friday [8-23-19]. Twelve hours after China said it would retaliate against Mr. Trump’s next round of tariffs […]
8/22/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Economy is doing really well. The Federal Reserve can easily make it Record Setting! The question is being asked, why are we paying much more in interest than Germany and certain other countries? Be early (for a change), not late. Let America win big, rather than just win!” –Donald Trump, […]
8/22/2019
FEDERAL RESERVE/GERMANY/TRUMP AS PRESIDENT: “Germany sells 30 year bonds offering negative yields. Germany competes with the USA. Our Federal Reserve does not allow us to do what we must do. They put us at a disadvantage against our competition. Strong Dollar, No Inflation! They move like quicksand. Fight or go home!” –Donald Trump, Twitter.com, August […]
8/21/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….WHERE IS THE FEDERAL RESERVE?” –Donald Trump, Twitter.com, August 21, 2019 8:56 am […]
8/21/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “…..We are competing with many countries that have a far lower interest rate, and we should be lower than them. Yesterday, ‘highest Dollar in U.S.History.’ No inflation. Wake up Federal Reserve. Such growth potential, almost like never before!” –Donald Trump, Twitter.com, August 21, 2019 7:52 am […]
8/21/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘The speed bump has been missteps by the Federal Reserve.’ @cvpayne @foxandfriends So true!” –Donald Trump, Twitter.com, August 21, 2019 7:28 am […]
8/21/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘The speed bump has been missteps by the Federal Reserve.’ @CharlesPayne2nd @foxandfriends So true!” –Donald Trump, Twitter.com, August 21, 2019 7:04 am […]
8/19/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “…..The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!” –Donald Trump, Twitter.com, August […]
8/19/2019
DEMS/ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to ‘will’ the Economy to be bad for purposes of the 2020 Election. Very Selfish! Our dollar is so strong that it is sadly hurting other parts of the […]
8/14/2019
ECONOMY/ELECTION/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Wall Street hoisted another hurricane warning on the economy on Wednesday [8-14-19] as fear continues to rise that a recession could arrive by next year, potentially crashing into President Donald Trump’s attempt to win a second term. This time, the warning came from the bond market where investors began to demand […]
8/14/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “..Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!” –Donald […]
8/14/2019
CHINA/FEDERAL RESERVE/JOBS/TRUMP AS PRESIDENT: “We are winning, big time, against China. Companies & jobs are fleeing. Prices to us have not gone up, and in some cases, have come down. China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast. Now too […]
8/14/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Great Charles Payne @cvpayne correctly stated that Fed Chair Jay Powell made TWO enormous mistakes. 1. When he said ‘mid cycle adjustment.’ 2. We’re data dependent. ‘He did not do the right thing.’ I agree (to put it mildly!). @Varneyco” –Donald Trump, Twitter.com, August 14, 2019 12:14 pm […]
8/14/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘The Fed has got to do something! The Fed is the Central Bank of the United States, not the Central Bank of the World.’ Mark Grant @Varneyco Correct! The Federal Reserve acted far too quickly, and now is very, very late. Too bad, so much to gain on the upside!” –Donald […]
8/8/2019
CHINA/ECONOMY/FEDERAL RESERVE/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump on Thursday [8-8-19] called on the Federal Reserve to take steps to weaken the U.S. dollar — a move that would make American exports more competitive in world markets while increasing prices on imported goods…Trump’s comment break with a long tradition of presidents expressing public support for a […]
8/8/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….John Deere, our car companies, & others, to compete on a level playing field. With substantial Fed Cuts (there is no inflation) and no quantitative tightening, the dollar will make it possible for our companies to win against any competition. We have the greatest companies…” –Donald Trump, Twitter.com, August 8, 2019 […]
8/8/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….in the world, there is nobody even close, but unfortunately the same cannot be said about our Federal Reserve. They have called it wrong at every step of the way, and we are still winning. Can you imagine what would happen if they actually called it right?” –Donald Trump, Twitter.com, August […]
8/8/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “As your President, one would think that I would be thrilled with our very strong dollar. I am not! The Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high, making it more difficult for our great manufacturers like Caterpillar, Boeing,…..” –Donald Trump, Twitter.com, August 8, […]
8/8/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Trump has complained that the Federal Reserve has been hurting the economy, first by raising interest rates and then by not lowering them fast enough. ‘No help from Fed!’ he said on Twitter last week, in what has become a typical broadside. But a New York Times analysis shows that […]
8/7/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….terrible thing to watch, especially when things could be taken care of sooo easily. We will WIN anyway, but it would be much easier if the Fed understood, which they don’t, that we are competing against other countries, all of whom want to do well at our expense!” –Donald Trump, Twitter.com, […]
8/7/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “‘Three more Central Banks cut rates.’ Our problem is not China – We are stronger than ever, money is pouring into the U.S. while China is losing companies by the thousands to other countries, and their currency is under siege – Our problem is a Federal Reserve that is too…..” –Donald […]
8/7/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW. Yield curve is at too wide a margin, and no inflation! Incompetence is a…..” –Donald Trump, Twitter.com, August 7, […]
8/5/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “China dropped the price of their currency to an almost a historic low. It’s called ‘currency manipulation.’ Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!” –Donald Trump, Twitter.com, August 5, 2019 7:12 am […]
8/2/2019
CHINA/FEDERAL RESERVE/TARIFFS/TRUMP AS PRESIDENT: “President Trump announced another wave of China tariffs this week, essentially saying he would impose a tax on nearly all $540 billion in Chinese goods that come into the United States in a year. And this batch could really bite. The administration carefully tailored previous rounds of tariffs to pinch businesses […]
8/1/2019
ECONOMY/FEDERAL RESERVE/TRADE DEALS/TRUMP AS PRESIDENT: “Here’s a question for economy watchers: Is American economic policy in 2019 more like ouroboros, the ancient Egyptian symbol of a snake eating its own tail, or maybe more like an M.C. Escher painting in which a series of stairs wrap around a room in mind-bending ways? Both seem like […]
8/1/2019
ECONOMY/FEDERAL RESERVE/TARIFFS/TRUMP AS PRESIDENT: “A fresh tariff threat from President Trump sank stocks on Thursday [8-1-19], pushing the S&P 500 to its fourth consecutive daily decline and reinvigorating investor worries about the outlook for the global economy. The trading day didn’t start out so badly. Stocks rose throughout the morning, after the Federal Reserve cut […]
7/31/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Experts stated that the Fed should not have tightened, and then waited too long to undo their mistake. James Bullard of St. Louis Fed said they waited too long to correct the mistake that they made last December. ‘Mistake, Powell cut rate and then he started talking.’ @LouDobbs” –Donald Trump, Twitter.com, […]
7/31/2019
CHINA/FEDERAL RESERVE/TRUMP AS PRESIDENT: “What the Market wanted to hear from Jay Powell and the Federal Reserve was that this was the beginning of a lengthy and aggressive rate-cutting cycle which would keep pace with China, The European Union and other countries around the world….” –Donald Trump, Twitter.com, July 31, 2019 3:41 pm […]
7/31/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….As usual, Powell let us down, but at least he is ending quantitative tightening, which shouldn’t have started in the first place – no inflation. We are winning anyway, but I am certainly not getting much help from the Federal Reserve!” –Donald Trump, Twitter.com, July 31, 2019 3:41 pm […]
7/29/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “The Fed ‘raised’ way too early and way too much. Their quantitative tightening was another big mistake. While our Country is doing very well, the potential wealth creation that was missed, especially when measured against our debt, is staggering. We are competing with other…..” –Donald Trump, Twitter.com, July 29, 2019 8:18 […]
7/29/2019
CHINA/EU/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….countries that know how to play the game against the U.S. That’s actually why the E.U. was formed….and for China, until now, the U.S. has been ‘easy pickens.’ The Fed has made all of the wrong moves. A small rate cut is not enough, but we will win anyway!” –Donald Trump, […]
7/29/2019
CHINA/EU/FEDERAL RESERVE/TRUMP AS PRESIDENT: “The E.U. and China will further lower interest rates and pump money into their systems, making it much easier for their manufacturers to sell product. In the meantime, and with very low inflation, our Fed does nothing – and probably will do very little by comparison. Too bad!” –Donald Trump, Twitter.com, […]
7/26/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Q2 GDP Up 2.1% Not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck. Almost no inflation. USA is set to Zoom!” –Donald Trump, Twitter.com, July 26, 2019 9:40 am […]
7/25/2019
ECONOMY/ELECTION/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump has one main job between now and Election Day 2020: Don’t screw up the economy. And he’s increasingly listening to internal and external advisers telling him the best way to postpone an economic slowdown is to turn down the burners on his trade wars, avoid any fiscal meltdowns […]
7/22/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “It is far more costly for the Federal Reserve to cut deeper if the economy actually does, in the future, turn down! Very inexpensive, in fact productive, to move now. The Fed raised & tightened far too much & too fast. In other words, they missed it (Big!). Don’t miss it […]
7/22/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “With almost no inflation, our Country is needlessly being forced to pay a MUCH higher interest rate than other countries only because of a very misguided Federal Reserve. In addition, Quantitative Tightening is continuing, making it harder for our Country to compete. As good…..” –Donald Trump, Twitter.com, July 22, 2019 7:02 […]
7/22/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….as we have done, it could have been soooo much better. Interest rate costs should have been much lower, & GDP & our Country’s wealth accumulation much higher. Such a waste of time & money. Also, very unfair that other countries manipulate their currencies and pump money in!” –Donald Trump, Twitter.com, […]
7/19/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump on Friday [7-19-19] picked up his attacks on the Federal Reserve, faulting the central bank for a slowdown in economic growth. Trump went after New York Fed President John Williams, who in a speech the day before had appeared to suggest the Fed needs to cut interest rates […]
7/19/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….Fed: There is almost no inflation!” –Donald Trump, Twitter.com, July 19, 2019 8:42 am […]
7/19/2019
FEDERAL RESERVE/NEW YORK/TRUMP AS PRESIDENT: “I like New York Fed President John Williams first statement much better than his second. His first statement is 100% correct in that the Fed ‘raised’ far too fast & too early. Also must stop with the crazy quantitative tightening. We are in a World competition, & winning big,…” –Donald […]
7/19/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “….but it is no thanks to the Federal Reserve. Had they not acted so fast and ‘so much,’ we would be doing even better than we are doing right now. This is our chance to build unparalleled wealth and success for the U.S., GROWTH, which would greatly reduce % debt. Don’t […]
7/19/2019
FEDERAL RESERVE/TRUMP AS PRESIDENT: “Because of the faulty thought process we have going for us at the Federal Reserve, we pay much higher interest rates than countries that are no match for us economically. In other words, our interest costs are much higher than other countries, when they should be lower. Correct!” –Donald Trump, Twitter.com, […]
7/14/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “We are doing great Economically as a Country, Number One, despite the Fed’s antiquated policy on rates and tightening. Much room to grow!” –Donald Trump, Twitter.com, July 14, 2019 9:17 pm […]
7/10/2019
FEDERAL RESERVE/SENATE/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Donald Trump’s latest pair of hopefuls for the Federal Reserve board don’t have the same baggage as Stephen Moore and Herman Cain. And that might be just enough to get them confirmed. After Cain and Moore’s Fed prospects both ended in spectacular failure, Trump’s choices of Christopher Waller and […]
7/9/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT/TRUMP PEOPLE: “The Federal Reserve’s meeting this month was never going to be an easy one given that officials remain split over when — or whether — to cut interest rates. The last few weeks could set the Fed up for an even more difficult call. President Trump has put the Fed […]
7/5/2019
ECONOMY/ELECTION/FEDERAL RESERVE/TRUMP AS PRESIDENT: “….As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better – massive additional wealth would have been created, & used very well. Our most difficult problem is not our competitors, it is the Federal Reserve!” –Donald […]
7/5/2019
ECONOMY/FEDERAL RESERVE/TRUMP AS PRESIDENT: “Strong jobs report, low inflation, and other countries around the world doing anything possible to take advantage of the United States, knowing that our Federal Reserve doesn’t have a clue! They raised rates too soon, too often, & tightened, while others did just the opposite….” –Donald Trump, Twitter.com, July 5, 2019 […]
7/5/2019
ECONOMY/FEDERAL RESERVE/JOBS/TRUMP AS PRESIDENT: “U.S. employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy’s durability after more than a decade of expansion. The strength of the jobs report the government issued Friday [7-5-19] could complicate a decision for the Federal Reserve late this month on whether to […]
7/5/2019
CHINA/FEDERAL RESERVE/TRADE WAR/TRUMP AS PRESIDENT: “Federal Reserve officials worry that the uncertainty caused by the trade war between the United States and China could be constraining business spending and may be contributing to a manufacturing slowdown that is dragging on growth. The concerns were outlined in the Fed’s semiannual Monetary Policy Report, released on Friday […]
7/3/2019
ECONOMY/FEDERAL RESERVE/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Donald Trump’s call on Wednesday [7-3-19] for the U.S. to manipulate its currency to boost exports is in direct conflict with the long-held view of at least one key scholar: his newest pick for the Federal Reserve board, Judy Shelton. Shelton, who advised Trump’s presidential campaign and is now […]
7/3/2019
FEDERAL RESERVE/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “On a steamy afternoon in late May, Judy Shelton was camped out in the lobby of the Trump Hotel in Washington, holding court with reporters from her perch on a high-backed couch. She had chosen the location, a symbolic backdrop for a big moment in her career. Her name had […]
7/2/2019
CONGRESS/FEDERAL RESERVE/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “President Donald Trump tweeted on Tuesday [7-2-19] that he intends to nominate Judy Shelton, a prominent advocate of returning to the gold standard, and St. Louis Federal Reserve economist Christopher Waller to the U.S. central bank’s board. The selections come after two of the president’s earlier picks for the Fed […]
7/2/2019
FEDERAL RESERVE/NOMINATIONS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “After failing to advance his last two picks for the Federal Reserve, President Donald Trump on Tuesday [7-2-19] put up two new selections for the central bank. Trump said via Twitter that he plans to nominate Christopher Waller and Judy Shelton to the Board of Governors of the Federal Reserve […]
7/2/2019
FEDERAL RESERVE/NOMINATIONS/TRUMP PEOPLE: “…Judy is a Founding Member of the board of directors of Empower America and has served on the board of directors of Hilton Hotels.” –Donald Trump, Twitter.com, July 2, 2019 5:36 pm […]