Post by
garyreins on Jul 03, 2024 9:17pm
TRUMP
If the theory stands that trump will lower short term rates at the expense of higher longer term yields, what would be the net result for reits?
Comment by
Torontojay on Jul 03, 2024 9:28pm
It would be a repeat of the 1970's. Very bad for stocks if that happens.
Comment by
garyreins on Jul 03, 2024 9:30pm
TRUMP WILL NOT TOLERATE A WEAK STOCK MARKET.
Comment by
Torontojay on Jul 03, 2024 9:49pm
Jerome Powell will be Fed chair until May 2026 and one of the candidates that could replace him would be Christopher Waller, who is a republican.
Comment by
DZtrader on Jul 03, 2024 10:27pm
Trump appointed Powel, albeit on the recommendation of Steve Mnuchin.
Comment by
rad10 on Jul 04, 2024 6:28am
yep - nominated by Obama to the board of Governors in 2012, but promoted to chairman by DJTrump in 2018. A member of the Republican Party. Good to have fact checks going forward DZ ! Trollish buffoonery doesn't have to define this BB.
Comment by
Torontojay on Jul 04, 2024 7:38am
In addition to my previous post, J Powell's term as Fed Governor expires in January 2028 but his 4 year term as Fed chair expires May 2026. There are 7 members of the Federal Reserve board and J Powell is one of them. Christopher Waller would be a candidate that could replace J Powell if Trump gets elected. His term expires Jan 2030.