Thursday, June 25, 2020

feds made ammendments to Volcker rule ...

to allow banks to invest in startup and businesses

plus the health check pushing to avoid buybacks and limit their dividends.
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SPCX lost a third of from the peak ..

  • you don't need to be a PhD in economics ...
    to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....
  • Too late .. Fed chairman ...
    his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...
  • CPI came benign ...
    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...