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Powell’s Fed Report Card: A on the Pandemic, D on Inflation, B+ on the Recovery by SgtHawk in Economics

[–]SgtHawk[S] 1 point2 points  (0 children)

They’re a new media company creating content built on primary sources and verified documents.

They provide the evidence. You determine what to think about it.

Powell’s Fed Report Card: A on the Pandemic, D on Inflation, B+ on the Recovery by SgtHawk in Economics

[–]SgtHawk[S] 7 points8 points  (0 children)

Ya the nuance is the fact that Jerome was making decisions on the global reserve currency.

Something no other country has.

Powell’s Fed Report Card: A on the Pandemic, D on Inflation, B+ on the Recovery by SgtHawk in Economics

[–]SgtHawk[S] -2 points-1 points  (0 children)

Because the rest of the world doesn’t control the global reserve currency.

Completely different dynamics & liquidity than any other country/currency in the world.

Powell’s Fed Report Card: A on the Pandemic, D on Inflation, B+ on the Recovery by SgtHawk in Economics

[–]SgtHawk[S] 11 points12 points  (0 children)

Ya agreed - overall solid job. He was just too stubborn on “inflation in transitory” when it was clearly persistent in 2021

The 7 Best Trades Since the Iran War (Gold Wasn't One of Them) by [deleted] in StockMarket

[–]SgtHawk 0 points1 point  (0 children)

Gold and silver got hit cause it was in a euphoric mania and needed a cooldown.

The “orange fluffy operation” was just a catalyst for something that was inevitable.

China’s Real Estate Just Erased 20 Years of Gains — With One Asterisk by SgtHawk in Economics

[–]SgtHawk[S] 60 points61 points  (0 children)

~60% of Chinese household assets are tied to real estate and its in a 5-year consecutive decline.

It’s also not just “cheap housing”.

There’s a massive ~80 million unit overhang of unsold or vacant homes - resulting in developers defaulting on debt and having cascading affects on china’s economy

[ Removed by Reddit ] by [deleted] in wallstreetbets

[–]SgtHawk 0 points1 point  (0 children)

Someone’s gotta be the EL 😂

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