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⚠️⚠️⚠️ #fed #federalreserve #minutes ⚠️⚠️⚠️
The Fed's minutes:
Business point of view
Business profit margins and earnings warnings
Pivoting too soon is bad
Wage-price spiral
Market Reactions
European Recession
China risk
Fed Minutes October 12 2022
Real estate rates
HouseHack
Mortgage Rates
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.
⚠️⚠️⚠️ #fed #federalreserve #minutes ⚠️⚠️⚠️
The Fed's minutes:
Business point of view
Business profit margins and earnings warnings
Pivoting too soon is bad
Wage-price spiral
Market Reactions
European Recession
China risk
Fed Minutes October 12 2022
Real estate rates
HouseHack
Mortgage Rates
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.
There isn't much evidence for wage-price spirals historically. There's much religion about it, but not a lot of evidence. This inflation was created by a diminuating on the supply side and some companies increasing priced without having their costs increased. There might actually be more evidence for a profit-price spiral than a wage-price spiral.
International Cabinets shut their doors without a word to anyone. They were massive in the Seattle area. Just got word today. The suppliers that are "quiet quitting" is becoming concerning in this market.
Pivot? I guess with certain glasses & enough drugs
I’m so tired of Kevin saying flip flop and pivot who cares smart people flip flop or pivot sometimes too.
I swear if I see another sneaky plug…🤬
On the flip side, good job FUDing Kev👍
We are all rooting for you and the RE to crash
You know they can legitimately fix this…. I mean seriously they truly can… but are they willing to do it??? Absolutely not… iv set n thought about ways we could fix the economy and the dollar… starting with the debt… it's not like we are ever paying it off lol 😆 😂 China isn't gonna get that cash lol 😆 😂 😅.. the US government took them for fools lol.. but we are the world's global currency.. so we can get away with bs… but anyway the debt… Honestly just wipe it away… stop letting it role over n over n over n printing money like goofballs. Just wipe 3/4ths to 7/8ths of the national debt away and shred all the extra dollars…. then the debt issue won't be so damn high.. realistically we can't pay it the world can't pay it nobody nor everyone on the planet together can't pay that off lol… so just delete most of it.. and start over… simple.. yeah the super rich prob won't like it.. but we will be almost debt free.. and we can make a giant fortune anyway… we got more oil n natural gas in the ground than anyone else period.. wyTF ain't we pumping it and sending to other countries?? And using it for ourselves… that would lower gas prices dramatically and we would rack in ridiculous amounts of cash… their ya go… our debt gone and our money problems are over….. I'm not big into the stocks n bonds ect… but wouldn't you think just forgiving all that debt erasing it… and shredding all the excess us dollars that we printed…so inflation drops and the debt crisis is gone for a while… and use our oil to sale n use.. and start opening more factories ect here… why is it so hard for the government n feds to do this??…
That joke about showing up to their house and kill them. I do believe itn is a joke. However, of the fabric of our society falls apart. That may come to fruition. Time to prepare and consider self defense
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market.
I'm critical of some of your videos but this one was really good. I 100% agree with your takeaway from these minutes. Before I watched your video, I spent a few hours going over the minutes and couldn't believe that some people in the media were saying that there were dovish hints in them.
There is no such thing as a wage price spiral. Inflation is not caused by wages. If the money supply stays static a surge in wages in one sector will cause an equal and opposite decline in another sector.
Inflation is the increase in the money and nothing else.
If wages start to surge and the money supply stays static or is retrearing, it will burn out.
If the money supply starts to chase prices higher a spiral will take place. This is only due to inflation not wages
Sounds awful
Restaurants are struggling
Oh no!
Is kevin full invested right now? Or is it like 80/20 does anyone know?
The stuffed suit talking heads in government sponsored corporate media will find optimism in anything the globalists pay them to.
No matter what’s the true CPI, FED better manufacture a rally in the run up to to the midterm election
Kevin can you upload a video tutorial on how to make reaction faces for thumbnails?
Why dies every thumbnail have that dumb face?
Kevin ur just spamn at this poiny
you really think they are going to let the market crash going into midterms?
Welcome to US and indeed global stagflation. Fuck wage price spirals….stagflation is the unholiest of unholiest for central bankers, Governments and economists.
How do you get out of stagflation….well via World War 3 😁.
We just got a nice raise in hvac work 8 dollars a year for next three years, but now a couple months later no work at all
starting to feel that Elon and cathy wood is right that it could be bad to increase rates further. most of the inflation is due to high energy prices.
Why is the FED worried about employment. What the FED is worried about is wages and demands for wage increase to keep pace or even be higher than inflation. Thus triggering a wave of sustained wage driven spiraling up of inflation on top of supply side inflation.
If people are unemployed they can not spend but they can not SAVE either or pay off their debt and repay their fucking mortgages.
Ps
I think the FED's simple aggregate model of demand is just a very simple view of the economy. No wonder investment banks never employ former central bankers as economists because they are clueless academics.
btc seems to be coping ok…