Your absence on Twitter is a loss for us all and probably inhibits finding new ‘students’; however, I love the email format - I can share you with family and friends - I couldn’t before because they weren’t Twitter people. One door closes - another opens
I read these pieces and wish the lunatics in the Q movement were right, and then end up praying to a god I don't even know asking that you be wrong. I know the former is idiocy, and the latter doesn't seem much better. <sigh>
I agree most people don’t own stocks, or know anything about the FED.
But most people do buy gasoline and support themselves and a family and/or live on social security.
What’s going on is so cruel and hurtful. The elite, the government and financial institutes have no conscious, and we watch the destruction and burning continue.
A brilliant takedown of the Fed and its transgressions against the people it purports to be helping. Thanks for staying in the game when you could have chosen to retire after 148 years of hard work
Markets are already melting down. The Fed could hike 75bp on Wednesday and I doubt it changes much, but they will most likely stick to 50bp. As Druckenmiller said last week, there’s never been a bout of serious inflation where the Fed funds rate didn’t go higher than the CPI. 100bp hikes for the rest of the year would put us at just under 6%. Way behind the curve.
Haven't read the book, but did interact with him a few times on Twitter. He was easily offended when I questioned whether his use of "hawkish" matched reality. Seems captured by the people he's reporting on, in my opinion.
Right on cue he just posted this article floating a 75bp hike. When the Fed is in their "quiet period" they quite obviously rely on these connected reporters to float trial balloons to see how markets will react. Reporters who ask tough questions would lose the access and be "scooped" by others who play the game.
History gets spinned in every single time cycles by certain group of individuals, who have been pretty clear of their motives from the start, yet somehow only nuts w/ good pattern recognition are able to recognize it - in desperate attempt to prevent the same disaster to come. How one could do it? Probably, critical mass of acknowledgement amongst the populous needed - the same populous, who been taught to ignore the nuts' critique.
Sometimes despair gets crashed on me w/ a desire not to proceed further, but then I recall some nuts, who've been going for years and brought me to the good fight for what is right, and that what keeps me going.
As Jesse Matchey citing "The Fifth Element" says - 'We need a 🍒'.
Never stop, sir. It's over when it's over - if anything, at least we tried.
Rudy, you are a national treasure xxx
Thank god you're still writing for us...
Your absence on Twitter is a loss for us all and probably inhibits finding new ‘students’; however, I love the email format - I can share you with family and friends - I couldn’t before because they weren’t Twitter people. One door closes - another opens
And to think you were banned for this kind of information is kinda freaky.
I read these pieces and wish the lunatics in the Q movement were right, and then end up praying to a god I don't even know asking that you be wrong. I know the former is idiocy, and the latter doesn't seem much better. <sigh>
QAnon in a million years couldn't do the damage that has been done by the people in power
I agree most people don’t own stocks, or know anything about the FED.
But most people do buy gasoline and support themselves and a family and/or live on social security.
What’s going on is so cruel and hurtful. The elite, the government and financial institutes have no conscious, and we watch the destruction and burning continue.
A brilliant takedown of the Fed and its transgressions against the people it purports to be helping. Thanks for staying in the game when you could have chosen to retire after 148 years of hard work
read Fed Up immediately by Danielle DiMartio Booth
She's good, yes
Nicely done. Keep up the great work. People need to learn the hard lessons one way or another.
Thanks for your efforts RH. You shine a bright light on the bullshit for all to see. G** help us all.
Markets are already melting down. The Fed could hike 75bp on Wednesday and I doubt it changes much, but they will most likely stick to 50bp. As Druckenmiller said last week, there’s never been a bout of serious inflation where the Fed funds rate didn’t go higher than the CPI. 100bp hikes for the rest of the year would put us at just under 6%. Way behind the curve.
I think it was Joseph Wang I heard on a podcast say that if they don't overtly telegraph it (e.g., a 75 bps hike), it ain't gonna happen.
If Nick Timiraos of WSJ doesn’t signal it, I doubt it happens, since he’s obviously well connected to Powell.
Poster child of our abysmal Fed reporting. Captured suckup who then profits with a shitty book about the kleptocrats he promotes.
Haven't read the book, but did interact with him a few times on Twitter. He was easily offended when I questioned whether his use of "hawkish" matched reality. Seems captured by the people he's reporting on, in my opinion.
Look at his book subtitle: "How Jay Powell and the Fed Battled a President and a Pandemic---and Prevented Economic Disaster". They're all captured.
Right on cue he just posted this article floating a 75bp hike. When the Fed is in their "quiet period" they quite obviously rely on these connected reporters to float trial balloons to see how markets will react. Reporters who ask tough questions would lose the access and be "scooped" by others who play the game.
https://www.wsj.com/articles/bad-inflation-reports-raise-odds-of-surprise-0-75-percentage-point-rate-rise-this-week-11655147927
You're an American Hero, Rudy.
History gets spinned in every single time cycles by certain group of individuals, who have been pretty clear of their motives from the start, yet somehow only nuts w/ good pattern recognition are able to recognize it - in desperate attempt to prevent the same disaster to come. How one could do it? Probably, critical mass of acknowledgement amongst the populous needed - the same populous, who been taught to ignore the nuts' critique.
Sometimes despair gets crashed on me w/ a desire not to proceed further, but then I recall some nuts, who've been going for years and brought me to the good fight for what is right, and that what keeps me going.
As Jesse Matchey citing "The Fifth Element" says - 'We need a 🍒'.
Never stop, sir. It's over when it's over - if anything, at least we tried.
Thank you. https://www.reddit.com/r/RudyHavenstein/comments/uvlv7z/yeah_we_went_down_swingin/
Dammit RH, missing you on days like today. Yikes.
Verily verily. I didn't even know what I didn't know, until I started reading RH.
Same
I'm watching that closely (again)