50 basis point cuts really only happen in emergencies: Financial expert

Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria Bartiromo's Wall Street.'
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[@federalistpapers4523]

*Get Biden Harris out of office. Trump can clean up the mess they seem so proud of. Trump🇺🇸2024*

[@besmartvoteblue2702]

What are you on? Chump is a drug-addled buffoon who golfs. He knows nothing, was that not evidence while he was disgracing the oval office?

[@gnkyiri]

Too bad Powell and grandma yellen can't just tell the truth to america people

[@scottschmidt4872]

They are both supposed to be nonpartisan but I don't think that is true.

[@livelyartichoke1543]

Tin foil hats make for great investments

[@JoshBeards]

Powell was appointed as chairmen of the Federal Reserve in February of 2018.

[@adorabledeplorable5740]

Rate cuts dont matter at this point. Helps Credit Cards and some Mortages but does Nothing for the Super Market or Groceries! Meant only to Give media positive talking points for Kamala Harris, during an election! 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@livelyartichoke1543]

It's probably more to do with global and domestic inflation rates while managing the unemployment rate, but yeah keep panicking. Someone will capitalize off your emotions

[@adorabledeplorable5740]

@@livelyartichoke1543 Dont forget to add those fake 850k fake jobs to your magical economy..

[@lauriivey7801]

​@@livelyartichoke1543 Do you expect this rate cut to drop the price of groceries?? If not, then I don't consider the comment to be an 'emotional' one.

[@federalistpapers4523]

*The US economy has been in emergency mode for families for 3.75 years already.*

[@livelyartichoke1543]

Well, only when dems are deciding if you only listen to fox

[@NorthStarKnifeReviews]

😂😂😂😂

[@krishnendunayek2060]

Hundreds of Lies are needed to Hide one Lie.

[@grandaddyoe1434]

"Oh, what a tangled web we weave, when first we practice to deceive!" (Sir Walter Scott 1808)

[@krishnendunayek2060]

@@grandaddyoe1434 "Churi Bidya Mahabidya jodi na pade dhara" -Bengali Proverb(untimely/timeless)

[@dbrew2u]

In a strong economy rate cuts are not necessary . Cuts this large are a signal that something is seriously wrong . Especially when the Fed signals even more cuts are coming this year , not good .

[@EvanLiam-w9s]

Rate cuts commence in June 2024, taking 6-8 months to complete A. potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.

[@Andreallln]

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[@rebeccaartgallary]

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[@Schneiw]

Manipulating market numbers does not make it true. Is just numbers on paper.

[@jaysonj9327]

The real irony is after he's re-inaugurated next January literally the next day there will be media headlines about the "Trump recession."

[@jorgecarrejo7562]

It's a good thing that will never happen.. November 26th he's getting sentenced to prison.

[@Deathcylance]

​@@jorgecarrejo7562it looks like Trump might pull anywhere between 300-350 electoral votes... or more...where only 270 is needed to win

[@jorgecarrejo7562]

@@Deathcylance it looks like he's pulling 300 years in prison.. But sure keep dreaming

[@mikeries8549]

You been saying that for years. What'd he do THIS time? Talk to putin? Rig the election against hrc? Pft

[@jorgecarrejo7562]

@@mikeries8549 you do know he's getting sentenced in November right? And he still has 3 criminal trials pending.. Right?

[@williamcanter3233]

Thanks For The Great Work And Service God Bless America And Family TROOPS and Israel

[@gordongekko4752]

Always watch what the Fed does. Not what they say. The economy is in big trouble. Hence, the 50 basis point interest rate drop. The Fed is trying to get ahead of rising unemployment, declining manufacturing and sales, rising credit card debt, negative savings rate, high inflation, high gasoline prices, etc., but risks hyperinflation.

[@breakawaymotorsports]

Kabama IS the national catastrophy! DJT/JDV 2024!

[@besmartvoteblue2702]

Nah, Trump is the national nightmare. Unphuck yourself.

[@paranormalextract4976]

​@@besmartvoteblue2702 Best to be quiet.

[@AAa-qd8hb]

Harris is empty. 😅😅😅.

[@federalistpapers4523]

*souless*

[@AGotti-lj6on]

Just black

[@Wahinies]

Shes full of something all right

[@bbbnick9197]

The Federal Reserve needs to be abolished

[@ptr1537]

“The U.S. economy is in a good place,” Fed Chair Jerome Powell said, “And our decision today is designed to keep it there”. Inflation has cooled SIGNIFICANTLY, since the highs of the PANDEMIC ERA. Pandemic ERA created by Trump. Powell is doing the best job since Greenspan. Both republican appointed Fed chairs.

[@bbbnick9197]

@@ptr1537 BOT

[@ptr1537]

@@bbbnick9197 No Bot but the truth hurts and deep down you know I am right?

[@bbbnick9197]

@@ptr1537 you lack grey matter

[@bbbnick9197]

@@ptr1537 you need another vaccination

[@Arbadella-jv7rh]

Gold skyrocketing…meanwhile Haiti has $20 billion alone in gold under its mountains, not to mention copper, silver and zinc. Getting the people out of there quick,,,I wonder who will be mining soon. Blackrock Precious Metal, Gold and Mining Funds. Follow the money.

[@michaelanderson9914]

Soooo I need to invest in gold mining companies?

[@paulstieler4468]

Price of Fuel ⛽ Price of Food Interest Rates % Get Smart 🤓

[@Laughateverything]

Price of homes keeping borrowers unqualified not rates.

[@ShellyGonzales2768]

It’s crazy because you’re talking about one person who has done nothing but create his entire life and has articulated his plans and another who has done nothing but take her entire career - never managed or created anything and won’t articulate her plans.

[@CrystalGal]

Typical of the government believe what we say, not your lying eyes

[@lizzieb6311]

The EMERGENCY is called: Kamela Kastro

[@damasobernabe]

The economy is in the worst time for working People. I am truck driver for 26 years and in the last 2 years a lost 40% income and now my Company delate the Payment to the Driver. Because don't have cash flow.

[@Article94]

Maybe you just stink at business

[@dclprogramming]

I noticed yesterday that the stock of potatoes and eggs at the walmart grocery store were both really low and prices were way up on both.

[@Wahinies]

Here the eggs had stabilized two weeks ago but literally doubled just before that

[@joannehetherington445]

😂😂😂the market might be up but the economy is in the TANK!

[@snapfinger1]

The markets booming & people are starving on the streets. Go figure. Trump/Vance ‘24.

[@bobwhite2]

Only in an emergency, or when ordered to do so!

[@sgsg5975]

Federal also playing politics, why not ?

[@Neilxtc]

When a million jobs produced is erased as a “discrepancy”… 50 basis points is meaningless.

[@MarkAnthonyGiven]

MY BUSSINES DIED the day they stole the election....

[@Nottoday-q2f]

The 50 points is because they were behind a cut, seems expected, be American and root for your country. USA

[@crispingarza5658]

Emergency? Drastic measures? Spin it FOX.

[@well-blazeredman6187]

I see that Powell is a Republican, and that makes me think the cut is less to do with politics and more to do with the Fed expecting a stockmarket crash.

[@ChrisM-yq2pq]

It’s not just him alone

[@edmundjordan]

Fed Ex earnings report tells all. Less packages being shipped, equals slow economy. The CEO even said the economy is the problem on the earnings call.

[@brianbond7754]

It has to crash to get fixed

[@ChrisM-yq2pq]

It has to crash every 10 years

[@NorthStarKnifeReviews]

And yet we have a booming economy that is the envy of the world.

[@Chromatic145]

New Home buyers should be pizzed off

[@markhoward3803]

Thank you Jerome for saving my campaign. ~Kamala Harris

[@fredk9999]

Powell only speaks in descriptive terms.

[@Winstonia489]

Yeah well they increased the rate 75BP multiple times in 2022 so they need to decrease just as fast to keep the economy afloat.

[@jamesRichman-w7b]

If you've achieved any financial security, savings, owning a house, a pension.... you'll find these are going to be a financial burden around your neck..... they'll tax you to oblivion..

[@Lucas-t5w4n]

In light of the global crisis, rising inflation, and economic instability caused by inadequate governance, stocks, ETFs, Mutual funds, and REITs, assets can serve as a viable path to achieving financial independence

[@Raymond-j4t]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments.

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[@Fred-w7t]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about 200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost 673,000k

[@pauline-o2q]

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

[@paranormalextract4976]

Thanks joe. Love ya

[@garrypeek897]

Drill baby drill to pay our bill!

[@DougWhite-w4i]

And home prices still inflated and overall Inflation strains the economy

[@JohnBond777]

Actually, consider it a 25 cut in July that is 2 months late, and this months 25. Hope the markets are shocked, current stock prices don't represent forward earnings

[@Muwqa23]

Tarriffs can protect domestic industries, they can also lead to increased prices for consumers and strained international relations. If countries respond with their own tariffs, it could hinder economic growth and lead to similar consequences as seen in the 1930s.

[@AudiTTQuattro2003]

Record high...thank you Biden. Things are great for us rich people. Trump gave us tax breaks, and now those assets are through the roof. Too bad those gains don't seem to trickle down. Oh well...

[@stevedoe1286]

But you fail to say it went up 525 since Biden took office. So a 50 poimt means little It's still up 475 points since The start of Biden term

[@RonnyAndersson-q9b]

They just wanted to impress with a big number

[@pascalouellette8516]

Thanks Powell here comes inflation again...

[@livelyartichoke1543]

We've never really seen inflation like this so it could just be a normal thing to an irregular event, but yeah, let's freak out

[@tonka5]

Are you sure the data is accurate? This admin lied about 180,000 non-existent jobs numbers.

[@GuillaumeRouleau]

Wasn't it 800 000?

[@ReiShirouOfficial]

@@GuillaumeRouleaualso I thought Biden was sharp as a tack

[@GuillaumeRouleau]

@@ReiShirouOfficial Democrats love being taken for dummies...Maybe they are.

[@Deathcylance]

​@@ReiShirouOfficialno he was "CO-gent"

[@noname-fn6cp]

👏🏼👏🏼👏🏼

[@UncleNiikii]

Teach her how to pronounce ( strategist)😂

[@miken7629]

Our economy is based on consumer and government deficit spending, our fake growth is from increasing debt, so borrow and spend, our economy depends on that borrowing and spending.

[@harip4911]

Since...?

[@charkyicenhour587]

Bc China has USD. Pays Iran, nezt 1 or 2 decades.... to back them up. Of Course.... raised Tariffs Vs China.... china backing iran fkr War.... the disrespect. Niice, Tariff act

[@ramanpatel4287]

past third qtr law inflation look back so many year ? they do not pay old pouple ?

[@tcb069]

just like the market big guys run it up and then when it dumps they sell then short the market and double down on the money they rip off from the little guys

[@russelllowry1061]

all political.

[@OmarHassan-h3n]

All your want to do is to cover up BB id going to set 🔥 to everyone else. you need to look into the meror.

[@AprilAung-cg6ft]

Before Trump say : Amercian Manufacturing Makes a Cameback and also Trump calls on Fed to Lower Interest Rates to Zero Less so ....

[@JimwombatLand]

BAN TIK TOK

[@Nottoday-q2f]

Harris 2024

[@GeorgeOzier-gr5zq]

I keep hearing y'all holler about the economy. It's still not a recession. Even though y'all been crying about recession for 3 years.

[@Wahinies]

You keep using that word. I do not think it means what you think it means.

[@YaoAnne-j7g]

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

[@HaholBarton]

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[@DerickSams]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Kristine Lynn Weber, for her expertise and exposure to different areas of the market.

[@HaholBarton]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $100k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@DerickSams]

Without a doubt! Kristine Lynn Weber is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience..

[@YaoAnne-j7g]

nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

[@danielgaudet2367]

❤️💛💚😇🙏✌️👊

[@charliebrown5611]

Lol. Such ktap. Must be a trump U. Graduate.😊😊

[@MrTwins3950]

⁉️👺🦨🤣🥵🤷🏿‍♂️😱

[@Article94]

FOX is melting down!!!! 😂😂😂😂😂

[@ptr1537]

“The U.S. economy is in a good place,” Fed Chair Jerome Powell said, “And our decision today is designed to keep it there”.

[@grahamspencer8316]

Absolutely. In the past six months the " average" share value has increased 12% in value. In that same six months Truth Socials shares have dropped 75% in value, losing around $3.5 billion. Obviously the doughnut running that company would be an ideal choice to run the country's entire economy

[@Brian80813]

why is Trump stock a failure?

[@Dash4Cash]

It doesn't make money, not alot of advertisers. He just made truth social so he can speak on social media. He was banned from the rest. You put it on market to keep it running.

[@alphabrainwave]

Don't lie to scare your viewers. The interest rate was high to battle inflation, and now that inflation is around 2% it is appropriate to lower interest rates by 50 points. It seems like this network puts their politics before public trust.

[@debbienash4170]

Go to the grocery and see if inflation is just 2%. I just walk by the meat counter to look, can’t afford to buy it. Oh, look at my insurance. Homeowner, car and health, all have hefty increases. Don’t forget property taxes, trash pickup, water and electric bills all have increased by way more than 2 %. Don’t know what world you live in but you must not be buying groceries or paying bills. That’s all I can do because there’s no money left to do anything else. The only wiggle room is to try and cut from my groceries. I’m down to breakfast and an afternoon meal. Guess I’ll have to cut out one of those. I will definitely be voting Trump/Vance. Another four years of a Democrat President would have me living on the streets and begging for food.

[@cheesetomeetyou]

2:19 YIKES