Fmr. Fed Governor Kevin Warsh: The Fed is giving transparency 'a very bad name'

[@YurieJah]

Best analysis I’ve seen so far, this was brutally honest.

[@jhull5870]

Kevin is spot on with his assessment of the FED and Powell's statements from the recent FED meeting.

[@centurione6489]

" Central Banks should be a sober beacon of stability" ...🤯 The obvious is becoming genius.

[@charliewilson85]

The last 90 seconds are key.

[@apothe6]

Crazy he was so honest and he was a Fed member....

[@bobbyward2440]

Hes not giving transprency a bad name..he basically said if inflation continues down the same path there my be a few rate cuts in 2024..the market instantly prices in 6 rate cuts..hes was transparent, the markets either dont believe him or didnt listen..either way..the markets are the problem in this scenario, not the fed

[@dudsulugulugan7639]

The fed is the problem. Printing all that trillions of funny money.

[@bobbyward2440]

@@dudsulugulugan7639 completely irrelevant to the video

[@dudsulugulugan7639]

@@bobbyward2440 Not really. The fed has been wrong more times than the market was. But you are ignorant of history so u need to be reminded of this.

[@speedingAtI94]

He finally stated the reason for the recent long-term rate change. The Treasury has decided to sell bills instead of bonds in the debt market, which drives down the bond yield due to lower supply. Right now, the percentage of short-term borrowing in the overall government debt portfolio is higher than the recommended range. At some point, long bonds will need to be sold, which is when the market will crash.

[@Me-np8fb]

Does that mean that the 10 year Treasury will go up over 5%?

[@បេះដូង-ឡ5ទ]

​@@Me-np8fbYou bet! 5.5%

[@zingbangpow]

I hear his concern but did not hear a prescription. It seems that he said "The sky might still be falling, but I'm not sure". What does he want from the Fed and Treasury? Can anyone elucidate?

[@jaemoon3593]

Hotter economy? I just don't see it when I go out and work. Not in my state, region, zone, city, or whatever you want to call it. Hours are fewer, payouts decreasing. The higher rates were for an economy that was running hot under stimulus. That's gone while higher prices remain. The risk of straight out deflation is looming large for next year. With deflation, job losses and deep recession accompany it. Something that should naturally occur, but these aren't natural times.

[@rolandtiffany1298]

Inflation brings down the debt. The massive spiraling debt is a big problem. They need the inflation. Why else would they do this. Krugmans a fool

[@dudsulugulugan7639]

Inflation also makes the people become slaves.

[@onespeedlite]

"You give interest rate transparency a bad name." -Jon Bon Jovi He compared Wall Street money managers to teenage alcoholics looking to get drunk when the parents are away.🤣🤣🤣 In his mind, parents should give their children a heads up, so they can get bottles of tequilla ready. 🤣🤣

[@alphar9539]

I agree. We won't see 2% inflation next year.

[@rolandtiffany1298]

Powell is Burns

[@mtndncer]

He talks about all the possible macro, uhhmmmm, maybe this is why Powell said he didn't know!

[@jaemoon3593]

One would argue, falling inflation and real wages climbing should give people support as they long work. And sentiment should rise. Maybe it's the whole ME Gaza thing weighing on sentiment. But people are not/can't spending as much. Can't even get a $6 tip for delivering groceries around here.

[@bobslate7231]

This is a waste time conversation. The Fed is going to look at economic indicators and go from there. They haven't lowered rates. Nothing will change next 3 months but we will get more information and see where geo politics are at.

[@mtndncer]

Wow, he's such a pessimist & she's so much smarter & perceptive than he is....? Ewwww, sorry if anyone uses this guy as their financial advisor!

[@archimedesxxicentury]

🧐 Project " The bee honeycomb model of the conglomerates" Will Solve the Problem of urbanization in US and save Dollar 💵🐝. Archimedes XXI century 😇.

[@f.r.e.e.]

🆓😎💸 ✌️👔📰

[@bahlsdeepe868]

Vix just hit a support level. Every time it hits this level it spikes in a relatively short period of time...🤔🧐