What'll happen if Fed 'intervenes' in Trump grand tax plans and Trump get's pissed off and 'disrupts' the Fed
Yet another enemy I suppose
When enough enemies get together he just might have a battle he cant win
He has created so much mayhem anything could happen.
I feel the initial euphoria of tax cuts will fade and he may lose support-who really can predict the future?
Markets dont like uncertainty
Trading countries-eg china,Australia,mexico,canada are probably getting nasty feelings about him.
Conversely the uk is looking for new friends but can you trust him?
I guess it has to be good for investment in nz-a lot of americans are looking to invest here
Reagan cut taxes so Fed 'responded' by increasing rates - recession followed and Reagan backed down
Clinton went to polls on tax cuts - Fed sent him a warning and Clinton backed down on promises - great time for markets
Trump back down on his tax cuts? Unlikely so Fed likely to 'respond' with rate hikes. Trump get pissed off and 'interferes' in the election of Fed members. If this happens all hell could break loose on the markets.
Remember the last 30 year boom in asset prices (in the USA) has been based on the premise the Fed always wins.
Trump the great disruptor
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Reagan cut taxes so Fed 'responded' by increasing rates - recession followed and Reagan backed down
Clinton went to polls on tax cuts - Fed sent him a warning and Clinton backed down on promises - great time for markets
Trump back down on his tax cuts? Unlikely so Fed likely to 'respond' with rate hikes. Trump get pissed off and 'interferes' in the election of Fed members. If this happens all hell could break loose on the markets.
Remember the last 30 year boom in asset prices (in the USA) has been based on the premise the Fed always wins.
Trump the great disruptor
Hi w69
Fed has already said that due to anticipated inflation being below their 2% limit a min. number of increases will be contemplated this year - calendar 2017.
Hi w69
Fed has already said that due to anticipated inflation being below their 2% limit a min. number of increases will be contemplated this year - calendar 2017.
Of course Janet say's that. She likely waiting for Trump's first move before 'responding'
The battle between Janet and Trump will be intriguing
Everything about Trump is inflationary
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Some interesting comments emerging from executives. Reminds me of the time that a Banker told me (1999-2000 ?) that a person is more likely to change their marriage partner than to change their bank... the younger generation have now destroyed that concept, they are chasing the best deal where ever it is, banks are running scared.
everything holding up ahead of trumps big speech this arvo.
nice to see brokerage rates falling up to 50% and etfs fees barely register lets hope the fee competition spreads to aus and nz, nz fees for stock trades and fund fees look like gouging compared to whats happening overseas.
Guess not many people take fees into account when investing or else they would have just invested in a low cost etf as buffett does.
100k invested at 1.5% fee for 10yrs roughly 7% return equals 185k at end
100k invested at .25% fee for 10yrs roughly 7% return equals 210k at end all of the top me head lol
also most other markets are hitting new highs so really is a global rally lead by financials and materials and energy
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Originally Posted by Lewylewylewy
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