July 2024 FOMC Debrief

#federalreserve
September cut coming

[@abbieseitzinger]

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

[@BenjaminZyair-g3o]

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

[@slayerpp]

True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

[@krystalnicolex3]

this is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation

[@nathaliuk]

Finding financial advisors like Jane Nina Pickett who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@cecipoty]

Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

[@AllNighterHeider]

The FOMC would never show their hand. Ambiguity is their asset. Thanks JW

[@brodyalden]

@@AllNighterHeider Simon is right that virtually no one understands how they now operate.

[@petergozinya6122]

Thank you Joseph

[@chrisp9466]

Joseph, thank you very much for your excellent recap. I particularly appreciate your translation of 'Fedspeak' to plain English. Very nice of you to also include the Powell clips as source material for us to consider. Thanks again!

[@brodyalden]

@@chrisp9466 lol

[@DoctorHemi]

Your wise analysis is always appreciated, Joseph. Thank you.

[@brodyalden]

@@DoctorHemi you sound like Jerome Powell.

[@Whetstonep4]

Appreciate your continued dedication to helping average folks try to build wealth and not get rekt in the process, I love your confidence so keep shrugging off the naysayers. Your experience is clear and I look forward to your pragmatic and bullish viewpoints in a world that’s increasingly easy to get caught up in the constant negativity and bearish sentiment.... Long & short-term trading is generally safer, allowing investors to weather market volatility. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Whetstonep4]

Francine Duguay program is widely available online.

[@J-Kramer3]

I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.

[@MaazKhan-qy8jb]

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

[@KammCasey4]

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

[@momomomo-nh2kd]

It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.

[@ChrisVanSlykeCVS]

Hello Joseph my friend. It's July 31 and there are three things I want to talk about. Just kidding there are 3 rate cuts coming and you called it early like the GOAT you are. Crash up camp continues.

[@TunnelVisionAthletic]

Love how Jospeh tells the truth about what the Fed really thinks

[@brodyalden]

@@TunnelVisionAthletic I love how you think that

[@melsenbabe]

I read FOMO debrief there for a sec 😂 Great job as always, Joseph!

[@michaelbrennan3239]

Thank you, Joseph!

[@nonexistent5030]

1 word: bullish

[@JordanBryner]

Joseph when do you think we will see the RRP drain further? And where do you think that money will flow to?

[@lulubelle551]

Why did the Fed abandon targeting CPI in lieu of PCE? Inflation is CPI, which is currently 3%.

[@brodyalden]

@@lulubelle551 they are currently targeting inflation “moderately above 2%”.

[@lulubelle551]

@@brodyalden Changed the rules in the middle of the game. I remember when inflation was gauged by CPI

[@sumitomoO0O]

Joseph, please let me know your answer to the following. If bond vigilantes push the 10 year yield to very high levels by dumping the bonds, also known as the Liz Truss moment, do you think government will force the FED to heavily buy the bonds to drive the yield back to lower levels or government would see that the limit of deficits and debt have been reached and they will start putting their house in order. Jim Bianco keeps telling that government would continue to increase the debt until a Liz Truss moment happens, like the one happened in UK

[@adaylateacoinshort]

The endgame is decades away lol. Bond purchases by resp. central banks in times of "crises" will be the norm going forward. BOJ playbook is the only one in town. EU next decade, US last and slowest. Just stay in the market.

[@alextraveler4637]

Please cover the hypothetical dissolution of the Fed.

[@ZiggleFingers]

I just see inflation taking off again

[@AceVentura-px3pt]

So own assets or get left behind.

[@brodyalden]

Gaslighting

[@AllNighterHeider]

You got it Brody

[@CKL800]

Thanks Joseph👍🏻

[@AntonStetner]

THE FED - Cuts are getting closer and but we are not ready to say yes we are going to cut.

[@brodyalden]

@@AntonStetner because the more the public thinks that cuts are getting closer, the less they really are.

[@bretts2320]

lol if inflation is 2.6% we’re all crazy. This is just ridiculous that you don’t call out the be

[@gmil2573]

ZIRP incoming (but Fed is irrelevant anyways). Stay liquid.

[@tyc00n]

hello my friends

[@notfromthisworld7558]

🫡🍻

[@brianborse3555]

These meetings are like Saturday morning cartoons for kids. The feds debased the dollar by 30% in a couple years to monetize the debt, and temporarily masked the pain domestically with COVID bailouts. That was the goal. Mission accomplished! 🥱

[@petergozinya6122]

Thank you Joseph