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Stocks surge after Powell signals rate cuts ahead

Mo money, mo problems.........I hope we're not heading into bubble territory.
 
I don't know what the prescription for stagflation is. We'll find out how this works.
 
He was fairly noncommittal but more positive than prior. Will be interesting to see what Trump does with job numbers now that he needs to keep them low if he wants that cut! HOOT!
 
Callen said:
He was fairly noncommittal but more positive than prior. Will be interesting to see what Trump does with job numbers now that he needs to keep them low if he wants that cut! HOOT!
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Yeah. So noncommittal

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VySky said:
Yeah. So noncommittal
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I didn't say the markets were noncommittal just that Powell was though, as I said, he was far more positive than up until now. I think those job numbers, you know the fake ones, were alarming to him. The markets are loving the change in tone and so is my portfolio.
 
Not exactly what he said.

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
 
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