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They have to signal to the Fed there is capitulation before they will stop raising interest rates and this is the sort of signal the Fed is looking for.
by birdyrooster 4y ago
They have to signal to the Fed there is capitulation before they will stop raising interest rates and this is the sort of signal the Fed is looking for.
- _8j50 4y agoWow, I didn't even think of that. I can totally believe that they're playing with people's ability to make ends meet so they can pay less on their loan's interest.
- college_physics 4y agoWont work if people find work
- sangnoir 4y agoThe feds look at raw numbers and not how many people were laid off. AFAICT: there are plenty of job openings to go around, I haven't seen any evidence of underemployment in tech. As a matter of fact, unemployment levels are close to record lows, consumer demand is still stubbornly high, so the fed is unlikely to lower rates any time soon.
- birdyrooster 4y agoI think they look at many signals, including direct lobbying from companies and banks.
- birdyrooster 4y agoI think the fed will move faster than it has in the past to try something new, it’s been overly late for a long time. They are playing a much higher frequency betting game than they used to.
- birdyrooster 4y agoJosh Brown of the Compound said he thinks the fed is looking for more layoffs
- Apocryphon 4y agoSo this is literally human sacrifice to appease the market gods?