David Kelly, J.P. Morgan Asset Management chief global strategist, Mona Mahajan, Edward Jones senior investment strategist, and Jim Caron, Morgan Stanley global fixed income portfolio manager, join ‘Power Lunch’ to discuss the Federal Reserve’s decision to raise the federal funds rate by 75 basis points. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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They're barely making it to 2% when inflation is like 20%🤣🤣🤣🤣
Rip off the bandaid 👍
All the people sitting on the sidelines with cash, missed the bottom… imo
Liars
SHORT SELLERS WILL LOSE LOTS LOTS OF $$$!!! It's not about the MARKET. It's long squeeze, SHORT SQUEEZE & against retail investors, that's how rich get richer. CLOWNS on TV promote fear while buying. Only a dead fish go with the flow!
GDP print this week should be interesting
He literally said 1% is on the table for the next rate hike. Did y’all watch it?!
Santelli for Prez : Cramer for Vice . . . . hell no !
Another 50 basis point hike would be to much rates are already high
The three keys to a recovery
1) stable dollar
2) lower taxes
3) lower gov't regulations
All under the previous administration. Opposite of what we are doing now!
wage price spiral gonna keep this inflation sticky as hell
Also investors are moving from the European markets to safer American markets.
what kind of clowns are they hiring at JP?? he said they were committed to doing whatever they need to do to bring inflation down to achieve price stability. how is a lesser hike despite rising inflation going to get that done while inflation continues to rise lol
That's not what he said…
He said it's likely the economy has not yet reacted to our changes to date and we have more tightening that might be necessary.
Nono
I buy more stocks every day… 🤑
The Market IS wrong. The market doesn't understand the FED IS COMMITED TO REDUCING INFLATION TO 2% in TEN MONTHS.
Why? Because they FIRMLY BELIEVE they can bring-down inflation before it becomes entrenched into the economy, if it's done QUICKLY.
Do you REALLY THINK a Fed Rate of 3%, come September, is going be enough to reduce inflation by 7% in nine months?
People are SMOKING THE PIPE.
Fed Rates been raised by 75 points, three times now, (after today) and inflation is STILL SKY ROCKETING WORSE THAN PROJECTIONS SUGGEST.
Using gas prices SOLELY as the indicator for inflation is RIDICULOUS.
It's a MANIPULATED MARKET because of OPEC.
This is like using the DIAMOND MARKET to gauge inflation.
I smell Copium
Finally he admitted that oil and energy prices are the reason for the inflation
I didn't hear this!!!!! WTF This is the same guy who is taking the opposite side position of what he is advising. GTFOH
Market expected 75 point hike .. got it .. then has a moon rally. I QUIT. IT'S NOT A MARKET. IT'S A SHAM.
Wait until the fed starts selling it's paper
Too low the feds just let inflation run away.
Lmfao he said still SIGNIFICANT TIGHTENING
Yep, we have bottomed
It is so hard to understand what Santelli is trying to say. It sounds so convincing, but his points go around in circles and you are left not knowing what his point was
Lets make a headline to fit the facts. Maybe the market is saying mild recession and off to races for the next bull.
I agree with Rick’s bearish thesis. We are in a liquidity trap. Market not reflecting economic slowdown “yet”. Waiting to accumulate long positions until probably September 2022 or when market has 20% pull back.
Politics in play here. We can’t have Joey looking like a complete imbecile.
The Feds don't have a clue, Powell's just saying what he thinks everyone wants to hear, We will be living in our cars soon!
If you are one of the 700+ million Europeans who are looking at a rocky winter, a big recession and war on your eastern border, America looks like a good place to park money.
If you are one of the 125 million Japanese watching your nation shrink by 600,000 people per year and your Yen devaluing, America looks like a good place to park money.
When the world gets risky, people looking to dodge risk invest in America. While America may see higher interest rates and a recession, it isn't what Europe or Japan are facing. Could be some Japanese and Europeans buying the American dip. Wealthy Chinese would also be buyers of the American dip, but their government is communist and their money isn't allowed to leave China.
This commentary is meaningless.
I feel like the goal of CNBC is to keep investors in the market at all cost.
Guess what the most likely outcome is when the stock market hits a new high? More highs! By waiting, you miss out on more gains
"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17
"But I say unto you, That ye resist not evil: but whosoever shall smite thee on thy right cheek, turn to him the other also." Matthew 5:39/
If the market is doing the opposite of what the Fed wants them to do, that's a good thing.
Glad we aren't going to let Putin push us into a recession.
Why is the name of the game on CNBC to make yourself look as crazy as possible. Is it to culivate some fantasy crazy genius aesthetic?
A $32,000 profit sent to my portfolio each week, Ms. Olivia Renae Marks is amazing.
Stock market is reflecting our mentality of buy low sell high, everyone is saving money for this moment.
Stage 2: denial ( these clowns on TV admitted 3 months ago that housing market is strong and stock market is at all time high)
Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Mr Henry which has made me almost 9.5 on a 2 BTC Trade capital over the last 3 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.
The truth about inflation. https://youtu.be/B_nGEj8wIP0
I want to start investing. Is it safe to start now, or should I wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock,Gold/crypto?
but no hedge fund manager con men say 90% drop from here because they didnt buy yet 🤡🤡🤡 bottom selling clowns get wrecked
Does anyone else think it's funny that the clown show has called the bottom and is now calling for an "immaculate" deflation, followed by a major Fed pivot right before the Holidays?