William Dudley, former president of the New York Federal Reserve, joins CNBC’s ‘Squawk Box’ to discuss the Fed’s response to inflation, his outlook for interest rates, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities 🙁
Market is not misunderstanding , Powell was very clear with neutral rate comment , market smells Fed cracking at first cpi drop due to gas prices
Fed is not stupid , they are doing their best to keep financial market string along while raising rates and trying to avoid a financial accident
Powell don’t give a crap about inflation , it mainly impacts the bottom 80% , 90% of stocks are owned by 10% and that’s who Fed cares about
Supply chain problems and tight labor market are the problems. People for many reasons are choosing not to work. Fix supply chain and most inflation goes away. Instead fed raises rates because that's the only tool they have in toolbox.
The fed was late as usual, they should have been selling off assets (reversing qe) beginning of year.
FED can only play with demand with interest rates while the real problem is the supply chain. Fixing supply chain issues is only time and those areas are showing signs they are starting to sort itself out. We're in a funny time right now. After a pandemic/lockdowns literally everyone on the planet is aching to go back to normal and normal means some serious economic activity. In my opinion there is no stopping all of humanity wanting to get out and do things. Consumer spending is clearly telling everyone humanity wants to enjoy life. All those declaring doom and gloom spurred by the FED rate hikes and going short will get overrun in my opinion.
The Fed is simply manipulating markets with their unclear massages. They are competing with Elon Musk to see who can manipulate assets better.
Every single bear (U.S.) market eventually recovered and hit new ATHs, and every stock investor wished they bought more during the sell-off. Buffett bought $600 million more $AAPL during a 3 day sell-off in Q1 2022. The wealthy get this and it's 1 reason they keep getting richer
The fed could be clear if they wanted to be, they don’t.
The economy is not doing nearly as well as most people think. The FED has no choice other than to continue increasing rates for quite a while probably, until it triggers a recession. Because the US is actually in stagflation. By next spring we will probably finally have a long overdue Market crash.
Market laughs at FED and FED lost all credibility in 2021 already
I think markets are anticipating lower inflation because of fixed supply chains chiefly. After all, most of the inflation we have now is supply side. This myth they bandy about that it's all because of wage increases is nonsense. If that were true, then wage increases would be greater than inflation and would be leading it, both of which are false. Wage increases have been less than inflation and have trailed it. And when it comes to those supply chains, the Fed rate can't fix them, the Fed has no influence there at all, that's why they've been slow to increase rates and haven't gone Volcker on us, because the Fed also knows that higher rates would have a very limited impact on the inflation. I think the markets are exactly right and these officials are wrong. The inflation in fact is transitory (just supply chain problems extended longer than expected with even now ongoing lockdowns in China, etc…) and accounting for it does not mean to be slow putting rates back down, it would mean quite the opposite.
Awesome! your potential seems limitless. I'm fascinated with investing but being a single mother and juggling all these things are quite difficult. How best can I start and what sector to engage in?
the amount of idiot investors that think this bull rally means inflation is over.
So BIDEN, says inflation is 0%; how come my food bill is twice what it was before he was elected.
Never underestimate Biden’s ability to F things up!!!
The fed will push us into a recession. Markets won’t be what they used to be until late 2024
Raising rates won't reduce much demand imo. The rich vs poor gap is so wide that the welathy amongst us aren't going to change their buying habits…if prices go up 10, 20, 30% it won't change their behaviour. Ya they won't enjoy paying more but they will keep doing what they are doing. The poor/middle class is going to do what they have always done, which is try to survive. They never had discretionary income before anyway for the most part.
All of which is a direct result of getting .75 instead of 1.00 last time around.
The thing that all of these experts fail to take into account is that the politicians will never act fiscally responsible and they will continue to encourage the FED to print money thereby worsening inflation.
I believe Huge stock market crash just imminent!!!
Market is doing its thing. Making money for market manipulators in the expense of retail.
There's not a misunderstanding they're choosing to ignore the Fed. The Fed was clear the next meeting there will be a 0.50 increase in interest rates depending on the data. So if the data's horrible, they might do a 0.75 increase and if it's not, expect a 0.50 increase.
If you think your income is low, the only way you can increase your income is to update yourself with high income skills. Then you can get paid more … a fellow creator !!!
The Fed said it would reduce the balance sheet 45B/month, 90B from Sept. They have done 20B a month?!? Thats Peanuts.
What did J Powell do? You blew up super bubbles in everything!!!
Push up unemployment?!?!?!
Markets never missunderstand anything.
Rategain travel technology limited buy now 3months target-700 rupees 🙏🙏💥
to reduce inflation it will take a 4.35% or higher unemployment rate….
I wonder if he’s lying when he blinks really fast
Lol. The fed are just white collar criminals. Lets chamge the definition of recession so we can cover their crimes.
75 basis points in September
Apple event https://techcover360.blogspot.com/2022/08/httpstechcover360.blogspot.com-Apples%20iPhone%2014%20release%20date%20%20event%20will%20reportedly%20take%20place%20in%20early%20September.html
Markets has nothing to do with all that bs… it’s living completely independent life from everything
Dudley is nervous. Look at how many blinks per minute.
The fed create the problem of inflation by printing more cash in response to a failing economy. How is it going to solve inflation by undoing what they just did? Do they think the economy will not require more and more and more stimmy? Sniff sniff. I smell con game. I smell the stench of a con man in Dudley.
So, the fed has to engineer an employment crisis in order to save us from inflation. Does anyone else see how crazy this is? The system is corrupt. We need to get a new system based on honest money which does not impinge upon our privacy.
One one hand fed rates are headed up to help lower inflation but on the other hand big gov’t is in a mad rush to give away the store with extremely large spending packages. Cancelling student loans, the clean energy bill, chip factory push, etc. so low rates have been replaced with massive spending and even more debt at higher interest rates. Wow.
There hasn’t been any tightening whatsoever. Balance sheet is as bloated as ever.
Transfer of wealth usually occur during recession, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market because I read of someone that pulled a profit of $350k within 6months, what are the best stocks to buy now or put on a watchlist?
“Markets are misunderstanding “
LMAO, More like market makers are manipulating, not misunderstanding. Never seen something so rigged before in my life.
come on you don't have to be an analyst " to know they don't know what's going on….its 9.1% now inflation will rase above 12% ….
Markets. Once again. Can kiss my non money making ass.
Bottom line. Go get your food. Get out
“Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services.” – St. Louis Federal Reserve. We shut many parts of the economy and gave people bags of cash. Too many dollars chasing too few goods = inflation. “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies….” -Thomas Jefferson
Don't worry, the collapse of USA is accompanied by the rise of India. Investing in India is a better choice.
#CCP steals your pension, Why should you care about the lies of the Chinese Communist Party? Because they affect everyone. The Chinese Communist Party (#CCP) steals your pension money, ruins your faith, destroys your health, and robs your freedom! #UBS#PAX #TPG #WeijianShan #PAG #CCPPonziGame #CCPs1000TalentsPlan #Gobiacquisition #BoShan #theSteal #USpensionfunds #deplorables #CCPSPY #motherjones #zerohedge #shanbo #lucdespins #paulhastings #omelveny #pension CCP≠Chinese
the FED isnt even tightening as much as they said they would!
I am seeing "anyone who sells now is an idiot" comments on stock comment boards again. Some people have never lived thru a real bear market.