My advice to you...

[JMM]

 

[Superman]

Fed's aggressive rate hikes raise likelihood of a recession

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it.

apnews.com

 

[JMM]

Fed's aggressive rate hikes raise likelihood of a recession

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it.

apnews.com

Maybe if they cut spending that might help.

If I ran for office I'd present my camping analogy to government spending. Spend it as carefully as you use water that you pack in on a survival weekend. Thoughtfully and carefully so that you have enough for when you go home and don't find yourself high and dry.

Our politicians are high and all wet. They spend our money like they are tapping the friggin oceans.

How's your 401k today?

 

[Sarge]

I heard on the radio this morning, that they are expecting to raise rates as much as 7.25% by the end of the year. Recession is going to be welcome at that point.

 

[JMM]

I heard on the radio this morning, that they are expecting to raise rates as much as 7.25% by the end of the year. Recession is going to be welcome at that point.

Guessing money will flood out of the market and back into the banks at that rate.

 

[IndySteel]

They’re killing the housing market and the travel industry. On purpose. They’re also killing steel, oil, coal and healthcare. On purpose. Vote for MAGA candidates.