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- dantpm commented 39 hr ago
Powell is in charge of rates and he clearly states that rates can't come down until inflation comes down. Employment simply confirms that the FED isn't hurting the economy according to the FED. I guess the economist doesn't actually listen to the ...
- dantpm commented Apr 17, 2024
A couple of small details, China has been increasing trade and investment in Iran for a couple of decades now and might object to an all out war with Iran and the Saudi Iran conflict has not been put to rest but is not as big a deal as it was in the ...
- dantpm commented Apr 5, 2024
Dementia Joe strikes again! He ignores the job losses and focuses on job gains ignoring the detail that it is net changes that matter, fooling himself and those foolish enough to pay attention to him. Just read how the jobs report is supposed to be ...
- dantpm commented Apr 5, 2024
If they were in a movie and new bills. Bills previously in circulation wouldn't have been stacked in piles of consecutive serial numbers.
- dantpm commented Mar 23, 2024
FSB claims to have arrested and charged over 7 people from Tajikistan for the shooting.
- dantpm commented Mar 22, 2024
You are confused. The BRICS is about leveling the playing field and circumventing US bullying in financial markets. The US subsidies are similarly about leveling the playing field so that US manufacturers can compete with Chinese manufacturers. This ...
- dantpm commented Feb 18, 2024
Trump lied to the court, the banks and more. That's the problem!
- dantpm commented Jan 31, 2024
As I already pointed out, complaining about the salary structure should have happened when it was issued in 2018 and been based on the data from 2018. If this was done the $55 billion wouldn't be the issue, this amount is due in part to the ...
- dantpm commented Jan 31, 2024
I don't support the $10+ million payouts to executives who then turn around and tell the shareholders there are no dividends!
- dantpm commented Jan 31, 2024
I don't see him donating it to charity yet...
- dantpm commented Jan 31, 2024
As soon as you go over 2(?) million a year, what executive actually deserves their compensation package? 2 million a year implies that this individual is work $1,130 per hour, every hour of every working day. How does this person look at the person ...
- dantpm commented Jan 31, 2024
I am not a fan of Elon Musk! I am also not a fan of CEO pay packages that are all obscene! Elon's compensation package, entered into 5 years ago, should have been assessed on the relative values 5 years ago and not today. The judge appears to be ...
- dantpm commented Jan 23, 2024
China has been dumping US$ for several years now as the US talks about starting a war with China. Bringing Yuan back to China will hurt other currencies but may actually help the US$. The other twist or variable is the depth of foreign investment in ...
- dantpm commented Jan 8, 2024
I don't mock people in war. I have relatives both in Russia and Ukraine who are victims of this stupidity engineered by the US government going back to the end of the 2nd WW. Read Valentine and others who write about it!
- dantpm commented Dec 3, 2023
Typically about every 12-24 months they run out of trillions of US$!
- dantpm commented Dec 3, 2023
Hopefully not! That is what got them into this problem in the first place. The US has a debt, spending and income problem. They have to balance these and they have refused to do it since before Nixon took away the gold standard!
- dantpm commented Nov 15, 2023
Moody's threat of a rating decline, the US elections and, the debt ceiling are the biggest Forex factors impacting the a-political FED right now!
- dantpm commented Sep 27, 2023
You didn't have the Ukraine Russia war in 2008 sapping the entire western economy on the heels of the global covid lockdown!
- dantpm commented Sep 20, 2023
Reading the news it sounds like the FED is saying that rate cuts will be delayed. Nothing about higher rates going forward. Was there something different in the speech?
- dantpm commented Sep 20, 2023
Until governments stop increasing the money supply which is causing the inflation, the inflation won't go away. The US, UK, etc are all struggling to fund the Russia Ukraine war and cope with post Covid. Look at the US set to double its deficit this ...