Podcasts about fed chairman

Howie Kurtz on Trump softening his tone trade tariffs and Fed Chairman, Sec. Hegseth denying he ordered a Pentagon 'makeup' studio and Trump blaming Ukraine again for no peace deal.   Follow Howie on Twitter: @HowardKurtz For more #MediaBuzz click here Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vance goes to India in hopes of reorienting global economics plus the Trump administration gets into a fight with the Fed Chairman over interests rates. Learn more about your ad choices. Visit megaphone.fm/adchoices

What to do with Jerome Powell, Fed Chairman? Not another good day on Wall Street 12:53- Should Trump run for a third term? 33:50- Karmelo Anthony’s mom goes on a deranged rant where she claims her family is the victim 52:00- Willie Wilson is a Humanitarian & Businessman. He joined Amy Jacobson and Jim Iuorio to talk about his latest opportunity to get free gas and groceries 1:11:49- Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump 1:30:06- Alderman Ray Lopez 1:38:34- Stephen Moore is a Noted Economist and author of The Trump Economic Miracle: And the Plan to Unleash Prosperity Again. He joined Amy Jacobson and Jim Iuorio to talk about the ever evolving tariff situation 1:47:18- Blaine Wilhour is a State Representative for the 110th District. He joined Amy Jacobson and Jim Iuorio to talk about the Illinois homeschooling act 2:04:21- Open Mic FridaySee omnystudio.com/listener for privacy information.

4 year old piano player makes us all feel inadequate. The FSU shooting. Trying to figure out why it keeps happening. Rob Lowe corrects tour guide who calls him John Stamos. Ryan Schmelz on Rubio going in Paris. Elizabeth Warren tells Fed Chairman not to lower rates despite asking for ate cut 8 kings ago.

Howie Kurtz on Trump calling for the 'resignation' of Fed Chair Jerome Powell, Trump threatening to take away Harvard tax-exempt status and RFK Jr. pushing to find 'environmental' cause of autism. Follow Howie on Twitter: @HowardKurtz For more #MediaBuzz click here Learn more about your ad choices. Visit podcastchoices.com/adchoices

Scott Wapner and the Investment Committee debate the state of stocks in this uncertain market after Fed Chairman's Powell speech yesterday and Tariffs looming large. Plus, Josh Brown names another stock to his “Best Stocks in the Market List.” And later, Michael Ozanian joins us with the latest on the Boston Celtics sale. Investment Committee Disclosures

Andrew Walworth, Tom Bevan and Carl Cannon discuss the state of negotiations over Ukraine's mineral rights, as well as the larger effort by the Trump administration to end the fighting in Ukraine. They also talk about a new TikTok interview with historian Victor Davis Hansen, who argues that Trump represents a return to “normalcy,” not a radical departure from political norms and what may be the next targets for the Department of Government Efficiency: public broadcasting, which has been losing audience to cable, satellite and web video services for decades, and the US Post Office, which faces increasing competition from private delivery services. Then lastly, Tom Bevan talks with Kevin Warsh of the Hoover Institution about inflation and the Federal Reserve. Warsh served as a member of the Board of Governors of the Federal Reserve from 2006 until 2011, and is often named as a leading contender to replace Jerome Powell as Fed Chairman.

Over the weekend there were a flurry of viral posts on X - led by Elon Musk - suggesting that Ron Paul should head up the auditing of the Federal Reserve...and even that he should be tapped as Fed Chairman! Millions who have followed his often lonely crusade against the Fed are finally seeing some results. Can it happen...and how? Get your tickets TODAY for the Ron Paul Institute Spring Conference: https://tinyurl.com/3t97tx8f

This morning, we received the Fed's interest rate decision.  This was followed by the press conference of Fed Chairman, Jerome Powell.  This afternoon on the Jon Sanchez Show at 3pm, we'll share with you what the Fed did with interest rates, their outlook on the economy and their view on future interest rate decisions.

This morning, we received the Fed's interest rate decision.  This was followed by the press conference of Fed Chairman, Jerome Powell.  This afternoon on the Jon Sanchez Show at 3pm, we'll share with you what the Fed did with interest rates, their outlook on the economy and their view on future interest rate decisions.

When testifying to the Senate Banking Committee back in 1987, the newly-appointed Fed Chairman, Alan Greenspan, provided some insight into his views on communication: “Since becoming a central banker”, he said, “I have learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.” His successors have generally tried to be more open with regard to both their opinions and their intentions. However, there are times, when the Fed will want to communicate to financial markets without piquing the interest of either the general public or the administration.

Stocks are coming off their back-to-back losing sessions in weeks ahead of today's inflation report. Plus, Washington's antitrust wave hits Wall Street sending shares of names you are sinking. And Later, Trump's treasury picks back Jay Powell to finish out his terms as Fed Chairman. 

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Today on America in the Morning   New Chief-Of-Staff As the Nation's Capital prepares for a second Donald Trump administration in the White House, the President-elect has broken a glass ceiling with his choice to be his Chief of Staff. John Stolnis has more from Washington.    Biden Addresses Trump Victory President Biden has addressed the nation, extending an olive branch to Donald Trump and praising his Vice President's campaign, but as Washington correspondent Sagar Meghani reports, some Democrats blame him for Kamala Harris' election night loss.    KSM's Deal Nixed The plea bargains for an alleged 9/11 mastermind remain valid, according to a judge at the military commission at Guantanamo Bay. Correspondent Clayton Neville reports.    A Smooth Transition The head of the Pentagon is sending our orders to the military, preparing for a smooth transition of power for the incoming Donald Trump administration. Correspondent Lisa Dwyer reports.     Judge KO's “Keeping Families Together” A federal judge has struck down a Biden administration program that would allow unauthorized immigrants married to American citizens to get legal status and a streamlined path to U.S. citizenship.     Vaccine Time Now is a good time to get your flu and COVID-19 vaccines, as hospitals are reporting the more people under the weather.  Correspondent Mike Hempen reports.      Historic Choice For Chief-Of-Staff Saying that she has helped me achieve one of the greatest political victories in American history, President-elect Donald Trump announced his first Cabinet appointee. Correspondent Lisa Dwyer reports on the person who is also a historic pick for that West Wing post.   Fed Cuts Interest Rates The Federal Reserve has cut its key interest rate again, with the Fed Chairman saying he is feeling good about the economy.  Washington correspondent Sagar Meghani reports the move comes with a new administration entering the White House in January, and questions as to his own future with the president-elect.     GOP's Senate Control Grows In the United States Senate, what is known is that the GOP will take control in January, having already flipped three seats, and potentially another. The Associated Press called the Pennsylvania race for David McCormick over incumbent Democrat Bob Casey, but Casey has not conceded    California Wildfire Evacuations Thousands of people have been evacuated in parts of Southern California as a massive wildfire rages. Correspondent Clayton Neville reports the blaze is being fueled by dry heat and winds and the cause is still under investigation.    Giuliani Threatened With Contempt Charge A judge admonished former New York City Mayor Rudy Giuliani, ordering him to turn over his assets or face a contempt charge in a multi-million dollar defamation judgment. Pamela Furr has the story.     Europe's Reaction To Trump Victory European leaders are reassessing their trans-Atlantic relations following Donald Trump's win for the White House. Correspondent Donna Warder reports.    Monkey Break Dozens of monkeys have staged a break out from a facility in South Carolina. Correspondent Ben Thomas reports.    Tech News Canada becomes the latest nation to ban the use of TikTok for its citizens, but not entirely. Here's Chuck Palm with today's tech report.    Finally   We're three weeks away from Thanksgiving, and already Christmas movies are hitting theaters this weekend. Kevin Carr has a sneak peek at The Best Christmas Pageant Ever. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Remember the ISSUES that were supposed to be focused on during an election season? Perhaps this TikTok attention span, multiple assassination attempts, headline-reading only American public can't focus, but American elections (if the GOP wants to win) need to stay on policy. Personality referendums leads to Democrat victories. And the Fed Chairman just gave a good reason to refocus. ______________________________________________________________ Catholic Vote on YouTube: https://www.youtube.com/@CatholicVote JOIN OUR LOCALS:  https://thekyleseraphinshow.locals.com/subscribe PREPARE or REPAIR: http://PrepareLikeKyle.com (MyPatriotSupply Food Prep) Use PROMO CODE "KYLE" at these sites: http://PatriotCoolers.com/ (Tumblers & Coolers) http://MyPillow.com/Kyle (Pillows/Towels/Bedding) https://matthatjerky.com/kyle (premium Beef Jerky) http://The-Suspendables.com (Show Merch) http://ShieldArms.com - maker of the S10 and S15 magazines (Montana built firearms and accessories)

Our destination is Big Spring Creek and Warm Spring Creek near the town of Lewiston, Montana with Dan Vermillion, co-owner of Sweetwater Travel, Livingston, Montana.  Travelling to Lewistown is like stepping back in time to the Montana of yesteryear.  Here anglers will find classic uncrowded spring creek fly fishing along with miles and miles of public water, easy wading, and shots at large, wily trout.   Dan and his brothers were raised on the banks of the Yellowstone River and are now owners and operators of the largest collection of fly-fishing lodges in the world.  Today, Dan covers Big Spring Creek and Warm Spring Creek from top to bottom, pro tips for spring creeks, plus Jeremiah Johnson, Joe Brooks, and a GREAT story of guiding Barack Obama, along with some life lessons from Fed Chairman, Paul Volker.      With host, Steve Haigh Be the first to know about new episodes.  Become a subscriber Destination Angler on YouTube Contact Dan at Sweetwater Travel:  https://www.sweetwatertravel.com/ Please check out our Sponsors: Got Fishing Crafting world Class fly-fishing adventures specially designed to your level of experience and budget.   Facebook @GotFishingAdventures Instagram @GotFishing TroutRoutes The number one fishing app, helping trout anglers avoid the crowds and explore new public water. Download it and receive 20% off using Destination20 promo code in the app store today! Facebook @troutinsights Instagram @TroutRoutes    Adamsbuilt Fishing THE trusted source for quality fly fishing gear, built to last at an affordable price. Waders, Nets, Outerwear. Facebook & Instagram @Adamsbuilt Angler's Coffee Elevating the coffee experience for the fly-fishing community & anglers everywhere with small-batch coffee delivered to your doorstep.  Facebook & Instagram @anglerscoffeeco    Destination Angler Podcast:  Website ·       YouTube Instagram & Facebook  @DestinationAnglerPodcast Comments & Suggestions:  host, Steve Haigh, email shaigh@DestinationAnglerPodcast.com Available on Apple, Spotify, or wherever you get your podcasts. Recorded June 14, 2024.   

On today's show we're dissecting the latest Fed rate announcement. While the power of the Fed is often overstated, they do still influence market sentiment in ways that are difficult to fully dissect.  Chair Powell said in his opening remarks that the Fed was making excellent progress against their dual mandate of maximizing employment and maintaining price stability. In meetings over the past two years, the Fed Chairman has emphasized inflation to the point of sounding like a broken record.  But in some sense, none of that matters. After all, the FOMC sets one interest rate. They set the Federal Funds rate which is the rate the Fed charges its member banks at the discount window. It's also the rate closely associated with the shortest term T bills.  The bond market determines the yield of the paper issued by the US government, and every other publicly traded bonds whether it's British Gilts, EBC, Bank of Canada, Swiss Central Bank and so on.  In the minutes and hours following the Fed announcement, we saw bond yields drop significantly. On today's show we are talking about who wields the power when it comes to setting interest rates. ------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

MASSIVE day for the markets as Jerome Powell gears up to speak at the FOMC meeting. Will Bitcoin PUMP off hopes for rate cuts or CRASH on the fears of Wall Street?  ➡️ Use Code DC10 to get 10% off Arculus Wallet - https://linktw.in/EtSqux ➡️ Houdini Swap - The Best Way To Swap Coins - https://houdiniswap.com/?utm_source=kol&utm_medium=qr_code&utm_campaign=DiscoverCrypto ➡️Join this channel to get access to perks: https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g/join ➡️Come trade with us on Blofin, where whales are made:  https://partner.blofin.com/d/DiscoverCrypto 

Inflation fell in June for the first time since 2020. Good news! Retail imports continue to rise despite supply chain challenges. Good news! Manufacturing technology orders grew in May. Good news! The Fed Chairman said, “reducing policy restraint too late or too little could unduly weaken economic activity and employment."Uh oh...This week's busy slate of economic data paints a different picture, depending on how you look at it, and Kevin & Tom are here to give it all some perspective. Will the Fed cut rates as predicted in September, and what will the result be for wholesale distributors and manufacturers? Meanwhile, B2B marketing and eComm continues to evolve at a rapid pace. 53% of B2B organizations now say shifting revenue from in-person to online sales is one of their top priorities. But this occurs in an environment where more customers are saying personalization and emotional sentiment are missing from B2B marketing.How can the two reconcile?Join us as we count down to our 100th episode! We've got insights you don't want to miss.Join the conversation each week on LinkedIn Live.Want even more insight to the stories we discuss each week? Subscribe to the Around The Horn Newsletter.You can also hear the podcast and other excellent content on our YouTube Channel.Follow us on Facebook, Twitter, Instagram, or TikTok.

Join Moe to get insights on the latest economic news! Is inflation in the "higher for longer" territory or will we get some deflationary pressure? What actions will the Fed take? What should we be looking for in this week's CPI and PPI reports? 

This is the first weekly briefing. We publish a new episode every day to help you understand the biggest stories in the Indian markets. But we understand that you may be busy and don't have the time to listen to the daily episodes. So don't worry, we've got you covered. Every week, we'll publish a new episode simplifying the biggest stories of the week so that you can still look smart in front of your friends. In this week's episode, we look at these stories: 1) Why are Foreign Direct investments (FDI) in India falling? 2) Naukri's new report gives us mixed signals 3) Hindenburg vs Adani: Round 2 4) Fed Chairman says “hold…” 5) Miracle Drugs We also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart everyday: https://thedailybriefing.substack.com/

Grain futures rebound strongly after previous day's plunge, driven by improved weather outlook and strong demand. Livestock stabilizes after morning lows. Gold surges on Fed Chairman's remarks.

Join Market Wrap's Javaid Ansari as he tackles the question - The Fed is Up to Bat - Will It Be a Hit or a Strikeout? The market is preparing for the big Fed meeting this Wednesday. All indications are that rates will not change this week, BUT what Fed Chairman Powell TALKS about in the press conference may influence the market. Compak Asset Management's Executive Vice President discusses his thoughts on what may or may not happen after Wednesday.

The market immediately rebounded just minutes after the Fed Chairman met with members of the Financial Financial Services Committee this month. This obviously raised some eyebrows and raised the question of whether politicians use insider information to serve their own interests instead of the interests of the voters. Today, Paul, Evan, and Ira address this topic with two important insights: market timing is dangerous for everyone and there is a proven method for investing that is not gambling or speculating on companies. Later in the episode, the advisors talk about new and used car markets and an article called “Annual New Car Ownership Costs Boil Over $12K.” For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Ben and Tom discuss earnings from CVS, CINF, Chipotle, and SNAP, the streaming sports app deal between Disney/Fox/WB, and takeaways from an evening with Kevin Warsh. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

Who would've thought that with the bullish performance of equity and fixed income markets in 2023, consumer sentiment would remain at record lows? Join us as we navigate this curious contrast and hear lessons from the marketplace's unpredictability. Brad, our insightful guest, breaks down the bond market and expounds on the art of positioning oneself in a place of advantage. We'll also delve into the fascinating discourse around the Fed Chairman's recent actions, the potential beneficiaries of AI, and the current state of commodities and bonds.Get ready for an enlightening journey through financial market trends from 2022 to 2024! We're exploring the rising demand for cash as a safe haven asset, the surge of exchange-traded funds (ETFs) impacting the market, and the momentous event of a bond ETF crossing $100 billion for the first time! Stay tuned as we discuss the state of overseas markets, companies making waves, M&A news, cryptocurrency prices, and upcoming events like US bank CEOs protesting regulation. Concluding the episode, we emphasize the need for caution in volatile markets as we talk about tax loss swaps and bond strategy. So, strap in for an episode teeming with insights and revelations that just might change the way you look at the financial world!** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-formFollow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

Is China able to wage economic warfare against us? Do they even need to do that? Zach Abraham and I discuss that and the stunning amount of money the Separate Country of Washington spent to pretend to move people out of homelessness. Zach also responds to the article in Zero Hedge that makes these predictions (and also misstates the tax revenue trends which continue to rise). “Just do the math: interest costs on the national debt are spiraling out of control at a time when tax revenue is falling. It's not a pretty picture.And based on this scenario, I'd humbly make a few predictions:1) The Federal Reserve will reverse course and start cutting rates.This might not happen right away; the Fed seems far more concerned right now with appearing like they're in control and know what they're doing. But no Fed Chairman wants to preside over the bankruptcy of the United States.So the Fed will have to cut rates and start printing money again in order to save the federal government, as well as the banking system, Social Security, and more.2) This will lead to more inflation.With the Fed creating so much money– trillions of dollars at once– the US economy will suffer the same predictable consequences as it did in 2021 and 2022: inflation.3) And a loss of confidence in the dollarHigher inflation coupled with outright government dysfunction has already caused much of the world to seek alternatives to the dollar. Another bout of inflation, plus potentially several more years of incompetence will probably be enough to reset the dollar-centric Bretton Woods system once and for all.4) Foreign nations will stop investing in US government bondsWith the dollar no longer at the center of global finance, foreigners (presently $7.7 trillion) will no longer have the same incentives to own US debt. This means that one of the US government's major funding sources will dry up, leaving politicians scrambling to find money.5) Politicians will demand new and higher taxes.With foreigners no longer buying US government bonds at the same pace, politicians will try to raise tax revenue. Expect wealth taxes, higher income taxes, green taxes, and even windfall profits taxes on certain assets and income like crypto, gold, oil profits, etc.6) Many Americans will move further leftPoliticians and their media allies will insist that capitalism has failed… and rescuing the nation from this hardship will require bigger government and more intervention.What does God's Word say? Proverbs 12:15The way of fools seems right to them, but the wise listen to advice.Proverbs 11:14For lack of guidance a nation falls, but victory is won through many advisers.Episode 1,177 Links:Washington state spends $143 MILLION to get 126 out of homelessness—now Jay Inslee is asking for more; “That's the equivalent of spending... $1,137,256 per person to exit homelessness.”Six predictions from the last week's horrific Treasury report4Patriots https://4patriots.com Protect your family with Food kits, solar generators and more at 4Patriots. Use code TODD for 10% off your first purchase. Alan's Soaps https://alanssoaps.com/TODD Use coupon code ‘TODD' to save an additional 10% off the bundle price. American Financing https://americanfinancing.net Visit to see what American Financing can do for you or call 866-887-2275 BiOptimizers https://bioptimizers.com/todd Use promo code TODD for 10% off your order. Bonefrog https://bonefrog.us Enter promo code TODD at checkout to receive 10% off your subscription. Bulwark Capital http://KnowYourRiskRadio.com Find out how Bulwark Capital Actively Manages risk. Call 866-779-RISK or visit KnowYourRiskRadio.com Patriot Mobile https://patriotmobile.com/herman Get free activation today with offer code HERMAN. Visit or call 878-PATRIOT. SOTA Weight Loss https://sotaweightloss.com SOTA Weight Loss is, say it with me now, STATE OF THE ART! Sound of Freedom https://angel.com/freedom Join the two million and see Sound of Freedom in theaters July 4th. GreenHaven Interactive https://greenhaveninteractive.com Digital Marketing including search engine optimization and website design.

Dwayne starts off todays show with a huge "Thank You" to the Gumbo Nation. The Fed Raises Rates. What does that mean for you? Your Chef Dwayne Stein breaks down the latest data provided from the Fed Chairman. Later Dwayne and cohost James Parker dig into the latest inflation numbers, and the GDP (Gross Domestic Product) numbers are in as well. Finally the guys discuss Foreclosures, and end the show with your questions from the mailbag. All that and more on Mortgage Gumbo w/ Dwayne Stein 7/29/23 Personal NMLS175109 / Branch NMLS851695 / Company NMLS3029 CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. All loans subject to underwriting approval.

On today's show we are taking a look at interest rates. Yesterday the Federal Reserve increased the Federal Funds rate to a range between 5.25%-5.5%.  This clearly sets the stage for short term interest rates to increase. The yield on the 10 year treasury decreased from 3.91% to 3.86% following the Fed announcement.  The yield on the 30 day Tbill is currently 5.46%. This is matching the Fed funds rate.  Back in October of 2022 the 30 day T-Bill yield was ranging between 2.85% and 3.75% as the Fed was aggressively increasing rates during that period. The yield on the 10 year Treasury at that time was 4.25%. The interest rate that most investor care about is linked to the yield on the 10 year Treasury.  Today we have an interest rate inversion where the market is clearly signalling to the Fed that they don't believe them.  The real question is what's next?  We are seeing deflationary prices. We have a globally synchronized  economic cycle.  The Fed says it is raising rates, and the European Central Bank says it is raising rates. But as we have discussed on this show before, we have not seen a dramatic rise in bond rates over the past 8-9 months. Since most long term lending is indexed to the yield on the 10-year or the 30 year bond, these numbers have hardly moved since October.  If you listen to the rhetoric from the Fed Chairman, you would think they have tremendous influence over the market.  The market sets the rates, not the Fed Open Market Committee.  In Europe, we are seeing demand for credit falling. This is not being driven by rate increases. The reason we know that is that rates have hardly increased. So that cannot be the reason. Businesses are not going to stop borrowing money for a couple of percentage points if they have things to do that will drive business growth. We went from 0% to 2% in Europe. That's not enough to choke off business activity. There must be another explanation.  These are deflation and recessionary markers that are consistent with an economic cycle.  Rates rise when there is a competition for money. Rates fall when there is a lack of demand for money. When we talk about money markets, this is an accurate term in the true sense of the word “market”. Just like the price of tomatoes or gold or oil, if demand goes up and exceeds supply, the price goes up. If demand falls, then prices fall. It's the same thing with money. If demand for money goes up, then interest rates rise. Regardless what the Fed says about rates, we see supply and demand forces are dominating the cost of money over the longer term. 

You know who's supposed to stop inflation? This GuyThat's Jerome Powell ..the Chairman of the Federal Reserve.  It's his job to set interest rates…. and thereby… control whether the economy overheats.  Too hot? You get Inflation.  Everything costs too much. Two percent inflation sounds pretty good from here.  We're at 6-point-7 percent in the mountain west.  Down… from 9… but my basic math skills tell me we have a long way to go.So do you think he'll succeed?  Dude has one job.  Inflation.  Whwait.  He has two jobs.  The other one is the complete renovation of the Fed's headquarters building in Washington.  Interesting Face… It's called the  Eccles building… named for the only Fed chairman from Utah… Marriner Eccles. It' was built in 1937… and it's long needed a refresh.  So the Fed is installing marble and brass while we all choke on the price of wood.  When they got started in 2019…  the estimate cost of the renovation was 1-point-9 billion dollars.  But now… they're dealing with cost overruns and the estimate's gone up to 2-and-a-half billion.  An extra 34 percent… That's an additional  600 million in taxpayer money … because of the inflation that the Fed is supposed to predict in the first place.This does not instill confidence ….that Mr Powell's gonna get us down to 2-percent.See omnystudio.com/listener for privacy information.

Interest Rate Fantasies & The Silicon Valley Bank Failure The Money Wise guys are back in the studio for another rapid-fire market update. Last week's numbers from Wall Street showed the Dow down 4.4%, the S&P 500 down 4.5%, and the NASDAQ down 4.7%. Year-to-date, the Dow is down 3.7%, the S&P 500 is up 0.6%, and the NASDAQ is up 6.4%. There's a lot to unpack in this week's show and the guys start with the Fed Chairman's more hawkish statements and how they dashed interest rate fantasies. The Money Wise guys discuss data dependency and elaborate on how the market reacted - and why they aren't surprised that rates won't be cut any time soon. The guys also dig into the Silicon Valley Bank failure, how it happened, how it changed the market, and much more. Silicon Valley Bank Failure in Brief It all started with a press release last Thursday, in which Silicon Valley Bank (SIVB) said it was issuing more shares of stock. This has the impact of diluting existing shareholders but doesn't in itself lead to a bank failure. However, by Friday, regulators had taken over and it was clear that the Silicon Valley Bank failure was happening. The Money Wise guys discuss how a huge investment in long-term Treasury instruments spelled the beginning of the end, what the Silicon Valley Bank failure meant for those it served, how the federal government stepped in to protect depositors, and more.  Check out this PBS article on the Silicon Valley Bank failure for more. In the second hour, the Money Wise guys are discussing Five Things Every Retirement Portfolio Should Have. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Last June, during the European Central Bank forum, the host asked the chairman of the Federal Reserve about inflation. The Fed Chairman responded, “I think we now understand better how little we understand about inflation.” “Uh, that's not very reassuring,” the host chuckled. Talk about an understatement. It's downright terrifying. This is the Fed Chairman— the High Priest of finance— who has the power to control virtually everything in the economy. He can conjure trillions of dollars out of thin air practically at will, raise and lower interest rates, push businesses and banks into bankruptcy, and cause people to lose their jobs. And here he is acknowledging that they didn't have a clue about inflation. Thank goodness that was 8 months ago! Certainly by now they've really learned everything they need to know. Wrong. They still don't have a clue. This week Fed officials have been busy giving speeches in advance of their interest rate policy meeting later this month. And they keep complaining that the unemployment rate is too low. Too many people have jobs!! The Fed is trying to put more people out of work... under the assumption that if more people are unemployed, there will be less spending in the economy, and therefore inflation will fall. But this is such idiotic thinking. They may very well be successful in pushing millions of people into the unemployment line. But everybody knows that as soon as this happens, the government will step in and bail those people out with generous unemployment benefits. Think about it— the government did this in the 2008 recession, doling out luxurious unemployment benefits that lasted for YEARS. And during COVID they paid people to NOT work and stay home. So it's practically a given that the government will dish out fresh new benefits to newly unemployed workers. And where will the government get all that money from to pay unemployment benefits? From the FED! Duh. How do these Fed officials not understand this?!?!? Another thing the Fed has totally missed is the ‘quality' of the employment numbers. They fret that there's too much job growth in the US— because they're just looking at the QUANTITY. But if you take even a casual look beyond the headline numbers, you'll see that most of the job growth is for waiters and bartenders. The US labor market doesn't have red hot job growth for software engineers, biomedical researchers, or senior investment analysts. America is essentially becoming a bartender economy now. This is going on in front of their very eyes, but the Fed can't see it. If you look at the official minutes and records from the Fed's policy meetings, you can see what they actually discuss... and it becomes even more obvious they still don't understand inflation. They STILL blame inflation on Putin and the evil virus. There is ZERO discussion about how the government destroyed the economy and labor market with lockdowns, or how oil companies are being chased out of town (leading to higher energy prices), or all the idiotic new rules penned by the woke capitalism mob. And of course there's zero discussion about the Fed's own role in slashing interest rates to zero (and keeping them there for the better part of a decade), or printing more than $8 trillion since the 2008 recession. There's no discussion of the $31+ trillion government debt, or last year's $4 trillion deficit, or the impact of idiotic legislation like the poorly named “Inflation Reduction Act”. Ultimately they consistently prove that the people in charge of managing the US dollar have still learned absolutely nothing. When you think about it, that goes for nearly every major institution. The White House appears to have learned nothing, the media has learned nothing, the high priests of climate change have learned nothing. The good news though, is that everyone else— who feel the impact of these destructive policies— is learn...

Last June, during the European Central Bank forum, the host asked the chairman of the Federal Reserve about inflation. The Fed Chairman responded, “I think we now understand better how little we understand about inflation.” “Uh, that's not very reassuring,” the host chuckled. Talk about an understatement. It's downright terrifying. This is the Fed Chairman— the High Priest of finance— who has the power to control virtually everything in the economy. He can conjure trillions of dollars out of thin air practically at will, raise and lower interest rates, push businesses and banks into bankruptcy, and cause people to lose their jobs. And here he is acknowledging that they didn't have a clue about inflation. Thank goodness that was 8 months ago! Certainly by now they've really learned everything they need to know. Wrong. They still don't have a clue. This week Fed officials have been busy giving speeches in advance of their interest rate policy meeting later this month. And they keep complaining that the unemployment rate is too low. Too many people have jobs!! The Fed is trying to put more people out of work... under the assumption that if more people are unemployed, there will be less spending in the economy, and therefore inflation will fall. But this is such idiotic thinking. They may very well be successful in pushing millions of people into the unemployment line. But everybody knows that as soon as this happens, the government will step in and bail those people out with generous unemployment benefits. Think about it— the government did this in the 2008 recession, doling out luxurious unemployment benefits that lasted for YEARS. And during COVID they paid people to NOT work and stay home. So it's practically a given that the government will dish out fresh new benefits to newly unemployed workers. And where will the government get all that money from to pay unemployment benefits? From the FED! Duh. How do these Fed officials not understand this?!?!? Another thing the Fed has totally missed is the ‘quality' of the employment numbers. They fret that there's too much job growth in the US— because they're just looking at the QUANTITY. But if you take even a casual look beyond the headline numbers, you'll see that most of the job growth is for waiters and bartenders. The US labor market doesn't have red hot job growth for software engineers, biomedical researchers, or senior investment analysts. America is essentially becoming a bartender economy now. This is going on in front of their very eyes, but the Fed can't see it. If you look at the official minutes and records from the Fed's policy meetings, you can see what they actually discuss... and it becomes even more obvious they still don't understand inflation. They STILL blame inflation on Putin and the evil virus. There is ZERO discussion about how the government destroyed the economy and labor market with lockdowns, or how oil companies are being chased out of town (leading to higher energy prices), or all the idiotic new rules penned by the woke capitalism mob. And of course there's zero discussion about the Fed's own role in slashing interest rates to zero (and keeping them there for the better part of a decade), or printing more than $8 trillion since the 2008 recession. There's no discussion of the $31+ trillion government debt, or last year's $4 trillion deficit, or the impact of idiotic legislation like the poorly named “Inflation Reduction Act”. Ultimately they consistently prove that the people in charge of managing the US dollar have still learned absolutely nothing. When you think about it, that goes for nearly every major institution. The White House appears to have learned nothing, the media has learned nothing, the high priests of climate change have learned nothing. The good news though, is that everyone else— who feel the impact of these destructive policies— is learn...

NEW WARNING FROM FED CHAIRMAN ON ECONOMY

Plus: Shares of Coca-Cola and PepsiCo each fall 0.8% after FTC says it's investigating the companies' pricing practices. Coinbase shares rise 13% after the company says it will eliminate about 20% of its staff. J.R. Whalen reports.   Learn more about your ad choices. Visit megaphone.fm/adchoices

At his press conference on November 2nd, Fed Chairman, Jay Powell opined that the window for a soft landing had narrowed.  This was very much in line with his messaging for many months which has emphasized that the Fed regards inflation as being much too high and is willing to put the economy in recession, if necessary, to return it to its 2% target.  However, it also underscores the economic problem caused by “supply-shock” inflation: it simultaneously boosts inflation expectations, inducing a more restrictive monetary policy, and drags on economic growth.

On December 10, 1896, in the picturesque seaside town of San Remo, Italy, the famed Swedish chemist breathed his last breath after suffering a devastating stroke, and died. Nobel was an incredibly wealthy man at the time of his death, and most of his wealth had been placed in a trust. (In doing this, Nobel managed to sidestep Sweden's gargantuan inheritance tax that had been in place since 1884, AND the Kingdom of Italy's estate tax.) Nobel's death is commemorated every year on December 10th, at the annual banquet which honors the newest recipients of the Nobel Prize. That's tomorrow. And among the honorees at this year's banquet is the former head of the US central bank, Mr. Ben Bernanke. I'm sure Bernanke is a wonderful human being who certainly tried his best. But, as you may recall, he was the “expert” who established the precedent of slashing interest rates to zero and conjuring trillions of dollars out of thin air. When Bernanke first became Fed Chairman in 2006, the central bank's balance sheet was about $850 billion. And as the housing market began to decline, he continually insisted that there wouldn't be a housing crash… nor a recession… nor certainly a major economic crisis. He was completely wrong on all three accounts. Within a couple of years, the entire global economy had nearly collapsed. Bernanke responded by printing so much money that the Fed's balance sheet ballooned to $4.5 trillion (from $850 billion). And he cut rates to zero. Bernanke had this power because the nature of our financial system awards dictatorial control of the money supply to a tiny group of unelected central bankers. And Bernanke was the chief of that unelected committee. Bernanke faced some criticism for his actions, most vocally by then Congressman Ron Paul. But similar to the incorrect predictions he made about the economy and housing, Bernanke insisted that there would be no consequences… that the Federal Reserve could continue to keep rates low and print money, and nothing bad would happen. Once again, this view proved to be totally wrong. And we're seeing the consequences now with record high inflation. It's not Bernanke's fault. He's human. He made mistakes. All of us have. The real problem is having a system that gives supreme control to a tiny group of imperfect, mistake-prone human beings. The Fed has virtually zero oversight, zero accountability. They do whatever they want, and hundreds of millions of people have to suffer the consequences of their actions. More perversely, though, they're held up as “experts”. And even though they're just as human as the rest of us, these “experts” are somehow seen as infallible. We experienced the same thing during the pandemic; a tiny, unelected group of public health “experts” were given near totalitarian control over how hundreds of millions of people were allowed to live their lives. And we were expected to suspend all doubt and scrutiny, and to believe everything they say without question… because they were the experts. The most absurd part of all, though, is that even when they're proven to be completely and totally wrong… these “experts” are awarded our society's most esteemed prizes for achievement. Again, Bernanke may be a wonderful guy who tried his best. But his approach had devastating consequences. He created one of the biggest financial bubbles in human history. And tomorrow he's won the Nobel Prize. This makes about as much sense as giving the Nobel Peace Prize to Henry Kissinger or Barack Obama. Or the special 2020 Emmy award to New York's governor Andrew Cuomo. Or when Will Smith received a STANDING OVATION when he won the 2022 Academy Award for Best Actor, literally minutes after assaulting Chris Rock on stage. Or Vladimir Putin receiving the French Legion of Honor. Or Kamala Harris winning Time Magazine's Person of the Year. Or the New York Times and Washington Post winning the 2018 Pulitzer Priz...

On December 10, 1896, in the picturesque seaside town of San Remo, Italy, the famed Swedish chemist breathed his last breath after suffering a devastating stroke, and died. Nobel was an incredibly wealthy man at the time of his death, and most of his wealth had been placed in a trust. (In doing this, Nobel managed to sidestep Sweden's gargantuan inheritance tax that had been in place since 1884, AND the Kingdom of Italy's estate tax.) Nobel's death is commemorated every year on December 10th, at the annual banquet which honors the newest recipients of the Nobel Prize. That's tomorrow. And among the honorees at this year's banquet is the former head of the US central bank, Mr. Ben Bernanke. I'm sure Bernanke is a wonderful human being who certainly tried his best. But, as you may recall, he was the “expert” who established the precedent of slashing interest rates to zero and conjuring trillions of dollars out of thin air. When Bernanke first became Fed Chairman in 2006, the central bank's balance sheet was about $850 billion. And as the housing market began to decline, he continually insisted that there wouldn't be a housing crash… nor a recession… nor certainly a major economic crisis. He was completely wrong on all three accounts. Within a couple of years, the entire global economy had nearly collapsed. Bernanke responded by printing so much money that the Fed's balance sheet ballooned to $4.5 trillion (from $850 billion). And he cut rates to zero. Bernanke had this power because the nature of our financial system awards dictatorial control of the money supply to a tiny group of unelected central bankers. And Bernanke was the chief of that unelected committee. Bernanke faced some criticism for his actions, most vocally by then Congressman Ron Paul. But similar to the incorrect predictions he made about the economy and housing, Bernanke insisted that there would be no consequences… that the Federal Reserve could continue to keep rates low and print money, and nothing bad would happen. Once again, this view proved to be totally wrong. And we're seeing the consequences now with record high inflation. It's not Bernanke's fault. He's human. He made mistakes. All of us have. The real problem is having a system that gives supreme control to a tiny group of imperfect, mistake-prone human beings. The Fed has virtually zero oversight, zero accountability. They do whatever they want, and hundreds of millions of people have to suffer the consequences of their actions. More perversely, though, they're held up as “experts”. And even though they're just as human as the rest of us, these “experts” are somehow seen as infallible. We experienced the same thing during the pandemic; a tiny, unelected group of public health “experts” were given near totalitarian control over how hundreds of millions of people were allowed to live their lives. And we were expected to suspend all doubt and scrutiny, and to believe everything they say without question… because they were the experts. The most absurd part of all, though, is that even when they're proven to be completely and totally wrong… these “experts” are awarded our society's most esteemed prizes for achievement. Again, Bernanke may be a wonderful guy who tried his best. But his approach had devastating consequences. He created one of the biggest financial bubbles in human history. And tomorrow he's won the Nobel Prize. This makes about as much sense as giving the Nobel Peace Prize to Henry Kissinger or Barack Obama. Or the special 2020 Emmy award to New York's governor Andrew Cuomo. Or when Will Smith received a STANDING OVATION when he won the 2022 Academy Award for Best Actor, literally minutes after assaulting Chris Rock on stage. Or Vladimir Putin receiving the French Legion of Honor. Or Kamala Harris winning Time Magazine's Person of the Year. Or the New York Times and Washington Post winning the 2018 Pulitzer Priz...

Eurodollar University's Money & Macro AnalysisArticle discussed in today's video: The U.S. Labor Market Is Less Tight Than It Appearshttps://hbr.org/2022/11/the-u-s-labor-market-is-less-tight-than-it-appears?ab=hero-subleft-2Twitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MReason: https://bit.ly/3lt5NiHSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrPodcastRepublic:https://bit.ly/3LH8JlVDISCLOSURESJeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.

Mike goes over recent comments from Chairman Powell about his thoughts on inflation.See omnystudio.com/listener for privacy information.

We're now learning the main reasons why the Justice Department was so interested in all those documents former President Trump was keeping at his Mar-a-Lago estate. A redacted FBI affidavit says 14 of 15 boxes recovered contained classified documents, many of them top secret. The affidavit even hints at obstruction. We go In Depth into the affidavit and whether the Feds have a solid criminal case against the former president. If you were hoping for some optimistic economic news to start your weekend, the Fed chairman ruined that plan. He says more pain is ahead. Moderna is mad at Pfizer, suing its rival over the COVID-19 vaccine. Moderna says Pfizer copied its technology. If the election for LA Mayor was held today, Karen Bass would be a heavy favorite. We go In Depth into a new poll.  Do you watch, read and listen to too much news? Maybe it's best to turn it all off--just not right now--maybe later. When you go home today and water your plants, do you also talk to them? It turns out lots of people do.  To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

We're now learning the main reasons why the Justice Department was so interested in all those documents former President Trump was keeping at his Mar-a-Lago estate. A redacted FBI affidavit says 14 of 15 boxes recovered contained classified documents, many of them top secret. The affidavit even hints at obstruction. We go In Depth into the affidavit and whether the Feds have a solid criminal case against the former president.  If you were hoping for some optimistic economic news to start your weekend, the Fed chairman ruined that plan. He says more pain is ahead.  Moderna is mad at Pfizer, suing its rival over the COVID-19 vaccine. Moderna says Pfizer copied its technology.  If the election for LA Mayor was held today, Karen Bass would be a heavy favorite. We go In Depth into a new poll.   Do you watch, read and listen to too much news? Maybe it's best to turn it all off--just not right now--maybe later.  When you go home today and water your plants, do you also talk to them? It turns out lots of people do.  To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Inflation is at its highest in decades, at about 8.5%, and Americans are starting to wonder how much longer this is going to last. More importantly, do we have a plan to fight it? Fed Chairman Jerome Powell made a major speech in Jackson Hole, Wyoming today where he outlined the Fed's commitment to fighting inflation and hinted at what's to come.  See omnystudio.com/listener for privacy information.

Fed Chairman is expected to further detail plans for interest-rate increases tomorrow in Jackson Hole, Wyo. Plus: Peloton shares drop 18% after posting a $1.2 billion quarterly loss. Tesla shares fall 0.4% following its 3-for-1 stock split. J.R. Whalen reports.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Questions on Protecting Your Wealth with Gold & Silver? Schedule a Strategy Call Here ➡️ https://calendly.com/itmtrading/youtube?utm_vid=CWL7142022 or Call 877-410-1414

As Congress sought answers from Federal Reserve chairman Jerome Powell this week, investors are seeking buying opportunities in oversold markets. | Do you own precious metals you would rather not sell, but need access to cash? Get Started Here: https://www.moneymetals.com/gold-loan

Also: Netflix shares rise 1.5% after confirming talks with potential advertising partners. Fedex shares rise more than 2.5% after hours after projecting higher profits next fiscal year J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

Co-host of “Outnumbered” Emily Compagno joins Fox Across America With Jimmy Failla to react to the Supreme Court's ruling on a major case involving the Second Amendment. Jimmy explains why President Biden is finally starting to get some pushback within his own party for saying Vladimir Putin's invasion of Ukraine is mainly responsible for record-setting inflation and high gas prices in the U.S. PLUS, founder and Executive Director of Power The Future Daniel Turner shares his thoughts on Biden asking Congress to temporarily suspend the federal gas tax.   [00:00:00] Powell disputes Biden's claim about what's caused inflation [00:38:37] Democrats know voters don't really care about January 6th [00:57:15] Emily Compagno [01:15:38] Biden continues to pass the buck on high gas prices [01:34:07] Daniel Turner   Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, Commander Divine speaks with Perianne Boring, founder and president of the Chamber of Digital Commerce, the world's largest trade association representing the blockchain industry. Perianne's mission is to advocate and educate the public and lawmakers about the future of blockchain. In this episode, Perianne busts some of the biggest myths about the cryptocurrency space, including Russian sanctions, environmental impact, and more. Key Takeaways: Myth #1: Bitcoin is bad for the environment. It currently takes 189 terawatts to mine Bitcoin.This is about .1% of the world's energy production. And, over 60% of the energy going to mine Bitcoin is coming from sustainable sources. (We're also starting to see use cases where crypto mining can actually help stabilize the energy grid.) The energy used to mine Bitcoin is a small fraction of the emissions that are created to mine gold, power our financial sector and support our military sector. Myth #2: Russia is using crypto to evade sanctions. There's a current narrative that says Russians are flocking to crypto to evade sanctions. But there is no evidence of that, and there is nothing that would lead us to believe that that would ever be the case in the future. Since Russia entered Crimea in 2014, they've been working to sanction-proof their economy and diversify out of US dollar reserves. Crypto was not a part of their like sanction-proofing strategy at all. Even if they wanted to start using crypto for illicit finance, law enforcement has significant tools to track and trace the flow of cryptocurrencies, due to the open-source nature of blockchains. Even the Treasury's Financial Crimes Enforcement Network put out a statement saying that we are not seeing crypto used for sanctions evasion. Myth #3: Crypto is used for money laundering. .05% of crypto transaction volume has been linked to illicit activity. The open-source data shows us that illicit finance using crypto is not common. And it's also decreasing as a percentage and a portion of the markets. Myth #4: Crypto is going to be shut down by the government. Perianne believes we've already won the regulatory battles. It's already been decided that we're going to allow this technology to thrive in the United States. There are absolutely no efforts, indications, or even a legal path forward to flat out ban cryptocurrency. The conversations that are happening on the regulatory front are negotiations between the industry and the regulators on what regulatory frameworks look like. There certainly will be winners and losers in those conversations, but those are winners and losers between different companies and platforms in the space, not the technology itself. The case for this technology has been made, and we're seeing that play out on the global stage right now. Myth #5: It's too late to invest in Bitcoin. It's not too late to get in if you want to. We are still in incredibly early days, and there's a lot of opportunity. (This is not investment advice. Just Perianne's own opinion!) We are living in a currency experiment. For most of human history, we've used objects of scarcity as money – salt, stones, shells. After that, we used a gold standard for thousands of years. It wasn't until the 1980s that all industrialized nations moved to a fiat system. This is the first time in world economic history that all industrialized nations are using a currency that is only backed by the full faith and credit of the government. Our current economic inflation and collapse is the aftermath of this shift. Perianne believes we're coming back to our original principles of having a sound monetary system, and that Bitcoin could potentially be the path to get there. Bitcoin is the new gold. Bitcoin is a store of value, which means it's playing the role gold has played in portfolios for many decades. The Fed Chairman himself, Jerome Powell,...