Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, says the Federal Reserve will pause hiking rates in the wake of Credit Suisse during an interview with Jonathan Ferro on “Bloomberg The Open.”
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We’ve got to get to next week first let’s try to absolutely do chairman power you’re saying hard Landing you seemingly want to pause it’s not about what you think they should do not about what I think they should do what do you think they will do
I think with Credit Suisse on the table they will pass I think they should pause I think hiking rates either the ECB hiking rates this week or the FED hiking rates next week has the potential to be the greatest gaffe since this ECB hike rates in June 2008 they were watching
Oil prices going up I think they eventually went to 140 and they hiked rates to combat that while the entire Global property Market was melting under them
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What a stupid thing to say. If they don’t raise, the market will meltdown because they are acknowledging that there is indeed a serious bankingcrisis. The incompetence of bank managers in running banks is no grounds to provide a safe heaven.
so wait rate hikes are A-ok when ppl loose their jobs but when banks might go down, only then will the fed step in
Raise rate is good for average Americans, but bad for the 1%
Raise rates to 10% and let Stock Market Crash!
I think this guy is in that group… you know… the group of the "smartest idiots out to save their portfolios alive"… that group. The mission is about Inflation. It's not about the banking sector. There's no proof that inflation is reasonably cooling. What we're seeing is vulnerability in a hightened uncertain market with the potential for fear to escalate but that doesn't mean you stop the mission.
Credit Suisse is too big to be saved.
The "biggest gaffe" was 0% rates for 15 years
😈 DESTROY THE PONZI BANKING SCHEME 😈 interest rates need to go higher
Bloomberg touched me
Inflation can ruin lives a whole lot quicker, unless you are a 1%.
It’s obvious that we have a bunch of fawking morons in the financial world running things
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Raise the rates. Save the dollar.
Guest speaks as though there's anything these overpaid specimens can do.
He called it a gaffe…. People lives are ruined. That’s not a gaffe
DO THE MATH JAN 517K + FEB JOBS REPORT 314K + CORE CPI (+)0.5% MOM + CPI (+)6.0% + CORE CPI (+)5.5% YOY!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) ———– > US FED HAS NO OTHER OPTIONS BUT TO HIKE ITS FUNDS RATE BY 50BP MARCH 22ND FOMC MEETING OR THERE WILL BE MORE AND MORE AND MORE STAGFLATION HURRICANING THE ECONOMY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
FRANKLY ARE THESE JUST COINCIDENCE EVENTS???!!!!!!!:) ——— > RIGHT BEFORE JUST A DAY BEFORE RELEASE OF US JOB DATA MARCH 10TH ——- > SVB CRISIS HAPPENED ALL OF SUDDEN AND NOW RIGHT BEFORE THE ECB RATE HIKING DECISION ON MARCH 16TH TOMORROW < ——- NOW CS PROBLEM IS ALL OF SUDDEN HAPPENING!!!!!!!!!!!!!:) < ——- JUST COINCIDENCE? IN ANYWAY IF US FED + ECB HIKE JUST 25BP OR EVEN STOP THEIR RATE HIKING CYCLE THEN THERE WILL BE MUCH MUCH MUCH MUCH MORE SERIOUS PROBLEMS HURRICAING THEIR ECONOMIES AS I'VE WARNED OF TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT IN THOSE ECONOMIES ESP USA CHINA EUROPE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
Fed should seize the last opportunity to raise interest rate by 100 points right away, and claim complete victory. After today, Fed won't be able to raise the interest rate for a long time to come.
In the future, if there are any issues, Fed can always follow the lead from president Biden and blame Trump
Ya see that fella he's caught…caught in the Simpson syndrome.
Damned if ya do…damned if ya don't…
No surprise, Credit Suisse has been a garbage worthless bank since even the end of the Eurozone crisis. Pull up a long-term price chart for their stock, it's gone nowhere but down since 2006. Deutsche Bank is another worthless pile of garbage, used to be $150 and now trades at $10, probably they're going to be the next to collapse.
It's truly likely though that Powell will stop raising rates now. #1, inflation was supposed to have been caused by the spikes in oil, natural gas, wheat, shipping and trucking, and all those have gone back down to 2021 levels now. #2, Powell is finally realizing that being a Fed chair involves doing more than beating yourself off to sexual fantasies of being Paul Volcker, and insanely raising rates faster than at any time since Reagan does indeed have extreme effects on bank stability.
Powell was a low-grade fool installed by Trump, and most economists knew him as a low-grade idiot who could barely even perform at a grad student level in the field but who got his job for being a Republican supply-side trickle-down moron. Now he's finally learning that Federal Reserve economics requires brains, not ideology.
US FED HAS TO HIKE ANOTHER 100BP IN COMING MARCH 22ND IF THEY REALLY WANT TO QUELL THE STAGFLATION —— > HOWEVER THEY WILL NOT EVEN 25BP HIKING IS SHAKING THE FINANCIAL SYSTEM!!!!!!!!!!!!:) ——- > AGAIN IT'S A HUGE TIME TO BUY GOLD + ENERGY TO HEDGE AGAINST TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT PROBLEMS!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES SINCE THE END OF JUNE OF 2022YR THAT NOW WHO DENIES THE FACT THAT ——- > S&P 500 INDEX IS GOING DOWN TO THE RANGE OF 3150 – 3350 THIS YEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN AND AGAIN AS I'VE SAID MANY TIMES SINCE THE END OF JUNE OF 2022YR THAT NOW WHO DENIES THE FACT THAT ——- > S&P 500 INDEX IS GOING DOWN TO THE RANGE OF 3150 – 3350 THIS YEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
CREDIT SUISSE IS GOING TO BANKRUPTCY + AS I'VE SAID MANY TIMES THAT MORE AND MORE PENSION FUNDS ARE GOING TO INSOLVENCY ESP IN EUROPE + CHINA + USA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
GOLD IS KING!!!!!!!!!!!!!!!!!!!! CHECK THE US T – DEBT MARKET THAT IS SHOWING VERY VERY MATHEMATICALLY THAT ———- > NO MORE US$ IS THE BIGGEST RESERVE CURRENCY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:) AS I'VE SAID MANY TIMES ALREADY THAT GOLD PRICE WILL BE IN THE 10K$ – 15K$ IN COMING YEARS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AS I'VE SAID MANY TIMES ALREADY THAT USA CHINA EUROPE + JAPAN HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DEBT TO GO FURTHER FROM HERE THAT AGAIN IT IS TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO LATE TO FIX THE FINANCIAL ENGINEERING PROBLEMS FROM TOOOOOOOOOOOO0000000000000000000000000000000000000 MUCH DEBT (= BONDS)!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
AGAIN ——– >. NOW BASED ON MORE THAN + 98.97% PROBABILITY THAT FED CANNOT ACHIEVE ITS PRICE STABILITY TARGET TO 2.0% BECAUSE OF US T – DEBT YIELDS COLLAPSING AGAIN AND AGAIN ——- > IT'S AN ENORMOUS TIME TO BUY GOLD THAT WILL BE IN THE RANGE OF 3K$ – 3.5K$ THIS YEAR!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:)
Quit playing and hike them rates. The fed has been chasing inflation like Urkel did Laura
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And there you go…you basically morons pretending your talking about quantum physics…..it's basically monkey noises. And this is why you keep dragging the world into wars because the moment somebody starts to ask even basic questions, your entire economy collapses