Consumer spending alone doesn't mean a good economy... Americans are used to "retail therapy" and spend even though they can't afford it... that is why America has the highest credit card debt. The truth is that inflation is hitting Americans badly and many have to hold more than one job to survive
@The-Capitalist7 ай бұрын
“Strong economy with good growth.” All cooked numbers and government intervention. Consumers are getting killed and government spending makes things look like they are golden. The FED will cut right before the election and inflation will come back in big ways. Real estate prices will dive and stock will nosedive.
@aaronchow57497 ай бұрын
Why not cut after election instead of before? Seems more logical for them to do that
@drscopeify7 ай бұрын
Except that a lot of the data comes from the BLS that is operated by Congress which is run by Republicans.
@The-Capitalist7 ай бұрын
@@aaronchow5749 Because the stock market uses rate cuts as a means to rally, and consumers would love to see borrowing costs come down. Doing this before the election would look good on Biden's part. The FED is political and will do anything in their power to keep their current regime in office even if it means killing the economy in the process.
@Emeraldo10286 ай бұрын
@@aaronchow5749cut in july or june
@peterfrederickson66757 ай бұрын
After you watch a few bs people. You know they are bs. It’s easy.
@nickvin74477 ай бұрын
Inflation is increasing sales, people have to spend more just to get by.
@rickhayes-oh2zm7 ай бұрын
Its driven with higher prices. Buy less for more money. Propaganda machine at work.
@jimbojimbo68737 ай бұрын
Rates aren’t being cut this year
@anton34377 ай бұрын
Advance estimates of U.S. retail and food services sales for March 2024, adjusted for seasonal variation and holiday and trading-day differences, --->>>>but not for price changes
@rickhayes-oh2zm7 ай бұрын
Williams is building up for a cut. Lenders just can't afford the higher rates. It won't work. Hyperinflation
@rickhayes-oh2zm7 ай бұрын
10 Year bond says you have a weak economy. Bond buyers want a higher yield to buy your debt. He is a fed member.
@thebrowndoecorporation55647 ай бұрын
If you smoke, then try to quit smoking before one is told they must quit.
@latorregolf7 ай бұрын
Interview a Turkey about his views on Thanksgiving.
@jasongrig7 ай бұрын
11 minutes and he said absolutely nothing. terrible questions
@devdasmbbs7 ай бұрын
I am seeing slow decline in inflation.. Oh i was watching a mirage😂
@headspaceandtiming21147 ай бұрын
Always with the jobs report and saying inflation is coming down. The jobs are government, hospitality and leisure and education. Not solid economic manufacturing jobs. Inflation is officially going back up and prices have always been going up. Consumer spending will show a strong GDP with Government spending. Shouldn’t they raise rates?
@TeddysPlanet7776 ай бұрын
Think the government needs to work on inflation. Food amongst everything else utilities, Hoa dues, Southwest Gas, Electric, Car Insurance and WiFi has spiked stretching Nevadans with no increase in money at hand landing many in either subsidized food or food shortage by the 20th of the month. It’s better than charity cap the inflation. Eating out is impossible now. Average a person pays is $50 for 2 ppl. It was never that expensive. Traders Joe Oliver oil is $11 while in Sam’s club you are paying $28 for a bottle of olive Now cc companies are summoning ppl for defaults guess why? Ppl have been using credit cards to survive & avoid disconnection/ default notices to a point they get a court summon. Hell what’s wrong with this country leaders? They have turned a deaf ear to their real job. It’s not the job of individual entities to feed ppl. It’s a country problem that is being overlooked. They need to start a Government program that helps ppl pay their expenses or they need a law that depresses & caps the inflation Biden. Feds doing nothing and this news is glorified.
@922apocalypse6 ай бұрын
Good growth huh! All I know is that the unemployment rate is still high nationwide which is totally different from what they reported. The Fed is indeed in trouble now as the inflation/interest rate/housing prices/ are going up…oh, plus the election is coming and I wonder how they can pull this one off.
@peterfrederickson66757 ай бұрын
It’s good you’re on KZbin. If this video was on twitter. You’d get blocked from getting revenue. Sucks. But that’s how it is now. You can’t talk none sense.
@goneviral88147 ай бұрын
Oh you know they love inflation 😅😂😅😂. Housing still up 50% how the hell is inflation coming down? And that balance sheet will grow to 20 trillion in the next 10 years
@nameno83147 ай бұрын
okay thanks for providing zero new information/perspective and repeating news headlines; who is this guy again?