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Ahahaha. I was right up to the point on everything, on how he will scale once hike will be near doors.
One of his points trough many podcasts before:
-even if FED does hike, this 0.25% hike will last for short time and they will emidently cut back
:Updated on his last podcast: FED cant just hike 0.25 and then scale back few months after, its too dangerous (contradicts himself 100%)
-There is no way FED can hike rates
:Updated - if FED was to hike rates December is quite and the most likely month
-People will know i am right as FED wont hike rates not even for 0.25%
:Updated- even if FED hikes it doesnt mean i am wrong, it means FED needs to normalize to 2%, cut back QE, bring economy to full growth, then they can call me wrong (ye how about all those investors in your company that cannot just stand by theory and take direct cut on their porfolio from Gold/interest rate relationship and US stock/bond market. Typical Wall street guy).
-2006-2015 FED needs to hike rates to get economy in recesion and cure it
:Updated - FED is stupid for hiking it will just push economy back or into bigger recesion (trololololo)
I just listen to his podcasts for entertinament, altough have to point out he is correct on many things.
But dont wory he has just extended his session by not being able to call him wrong, becouse now his mandate goes for another several years until the all added points can be proven right or wrong.