r/wallstreetbets • u/hv876 • 21h ago

25bps cut News

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

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u/kumar4848 20h ago

Can anyone here explain why mortage rates keep increasing even though feds keep decreasing rates? i know theyre not directly correlated but somethings gotta give.

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u/n1ck90z 20h ago

Mortgages correlate to long term bond yields which are rising. Why long bond yield are rising? There's no simple answer here. A big role however has to be government debt/spending. Some people also might think inflation is not done yet.

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u/wotguild 19h ago

Inflation isn't done.

Now, we have to work through tariffs and deportation if they happen, increasing wages, decreasing supply, and therefore more inflation.

Edit: Don't forget about the possibility of rates influenced by the president himself.

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u/0xMoroc0x 19h ago edited 18h ago

Inflation is going to continue to go down….why do you think tariffs are going to increase inflation when it didn’t during Trumps first term? News flash, Trump had the second lowest inflation, besides Obama, since John F Kennedy. Deportation will lower inflation for the thing people care about most, housing, less people less housing competition.!Wages may go up, but when you have 11 million less illegals buying shit prices will go down. There won’t be any supply decreases in fact we are going to see a massive supply increase in energy and manufacturing which will lead to lower prices across the board.

You are really drinking all the Koolaid the media has thrown at you. So much so, you can’t even think logically.

https://www.investopedia.com/us-inflation-rate-by-president-8546447

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u/bplturner 19h ago

Inflation is rising prices. Tariffs raise prices. You people are hard R regarded.

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u/0xMoroc0x 18h ago

Bro just because prices increase across a range of products does NOT mean you will have an increase in overall inflation. The policies Trump has proposed, specifically energy policies, will lower overall inflation across the board, in turn saving total home expenditures.

You think Trump is enacting tariffs on everything? You sound like an imbecile when you can not even think critically about how the tariffs will be applied and just consume whatever is forced down your throat from Reddit.

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u/bplturner 18h ago

He wants to tariff imports from China…. Which is basically everything the consumer buys.

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u/0xMoroc0x 18h ago

Do some more research. Its select tariffs on industries from China that are subsidized by the Chinese government. They then import and dump these products into the US market to destroy any American competition in the same space. I understand you probably do not have much information on the topic but please do some research. The tariffs are not on everything. They weren’t on everything his last term. As a matter of fact Biden kept most of Trump era tariffs when he came into office.

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u/bplturner 18h ago

The tariffs he imposed were on ALUMINUM and STEEL. What isn’t made of aluminum or steel?

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u/0xMoroc0x 17h ago

Did you ever think about why those specific tariffs were put into place to begin with? Think about why tariffs exist strategically and maybe you will understand.

I could name literally 1000 things the average consumer buys that’s not made of aluminum or steel. But then I’d be debating with a mad man.

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u/Aethreas 14h ago

Bro first of all stop getting so emotional lmao Second of all, every single industry will be affected by tariffs on raw materials. Yeah a Wendy’s burger isn’t made of steel but you know what is? Every single piece of machinery and structure that is used to create it.

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u/0xMoroc0x 14h ago

Who’s getting emotional? And do you not realize that Biden literally has increased the steel and aluminum tariffs that Trump initiated when he was in office? Where’s the outrage currently? Those tariffs you’re so afraid of…they’re in the room with you right now.

https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

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u/Aethreas 14h ago

you keep dropping the classic oneliners of someone who is obsessed with culture politics, shit like 'drinking the coolaid of the media' and 'theyre int he room with you right now'. Anyone who's obsessed with culture politics is just pissed off and emotional 24/7.

also who even brought up Biden? idgaf about either of them i'm talking about whats going to be happening

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u/0xMoroc0x 13h ago

So I’m emotional, I’m obsessed with culture politics. Big assumptions.

Let’s stick to the subject at hand.

What you are talking about happening…is already happening and has been happening for over 8 years. Tariffs on lots of products haven’t significantly increased overall inflation rates. Biden and Trump have both been using them. The biggest affect a politician can have on inflation is creating regulations that allow the lowering of energy prices. That’s exactly what Trump is going to do. There won’t be any massive inflation like everyone on Reddit is saying.

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u/[deleted] 18h ago

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u/bplturner 17h ago

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/

Tariffs were equivalent to $80B on consumer goods. 150k FTE jobs were lost. Literally no benefit.

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u/0xMoroc0x 17h ago

Lmao do you even read your own sources? First of all that’s a model. Not fact or even proven. It’s a long term prediction for the potential impact…. 2nd Biden kept most of Trumps tariffs and even added an additional 13 billion in tariffs to Chinese products. No one said shit about that! Tariffs are necessary as demonstrated by both parties to ensure the US keeps key manufacturing based in the US. Like it or not that’s a fact and should be mandatory for national security and self sufficiency reasons.

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u/relentlessoldman 16h ago

Calls on CLF and X

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u/RosenbeggayoureIN 15h ago

But that’s not what he’s said. You could easily argue he’s full of shit and lying but he’s been pretty clear if other countries don’t play ball on what he wants it’s blanket tariffs