The Fed Holds Steady, Powell's Future Uncertain, and Stagflation Fears Dismissed

The Fed's Waiting Game: Smart Very Smart

Folks let me tell you the Fed didn't do much which is frankly what they should be doing. We had a great economy the best ever and nobody knew it better than me. Now this Fed is just "watching and waiting," as they say. Very smart. The best thing they can do is not screw it up which frankly is what they're good at. It's like a beautiful ship this economy and you don't want to rock the boat believe me.

War and Economic Muddiness: Nobody Knew It Could Be So Complicated

This war this situation with Iran it's a mess. A total mess. And it's making the Fed's job believe me very very hard. Powell is saying nobody knows what's going to happen and he's right. Nobody knows. It could be big it could be small it could be huge. We need to make sure we're prepared that's what I always said. This impacts American's wallets and livelihoods and you can read more about it here: Geopolitical Tensions Send Shockwaves Through American Wallets. It's a very serious situation and we need to handle it with strength with intelligence and frankly with a little bit of common sense which is something you don't see much of anymore believe me.

Rate Cuts in the Maze: A Total Disaster or a Great Opportunity?

They're talking about rate cuts but it's all over the place. One cut this year two cuts next year maybe more maybe less. It's a total maze a disaster. They can't even agree on what's going to happen. You need strong leadership somebody who knows what they're doing not these guys with their little charts and graphs. They should be listening to me I'd tell them what to do. But they won't. Sad.

Powell's Future: He's Staying Until He's Not Folks

Powell he's not saying if he's staying or going. He's playing it close to the vest as they say. But he's got this investigation which frankly is a witch hunt just like all the others. So he's sticking around until that's done and then maybe he'll stay on as "chair pro tem". It's a joke. But we need a strong Fed chair somebody who understands the economy somebody who can make deals. We'll see what happens.

Stagflation? Fake News

Stagflation. Don't even say the word. It's fake news. The economy is strong the best it's ever been despite what the fake news media says. We have low unemployment solid growth. This isn't the 1970s. This is a totally different situation. Powell is right it's nothing like that. And if I were still president it would be even better. Believe me.

The Experts Weigh In: They Have No Idea Folks

You see these experts they're all talking talking talking. They have no idea what's going on. They said "The Fed didn't move today – but it didn't need to." "The Fed is not in a rush and neither should investors be." Total nonsense. I know more about the economy than all of them combined and frankly I'm not even sure they know what they're talking about. It's all about gut feeling about making deals about being strong. And that's what I brought to the table.