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The logic of Pres. Trump's argument for a rate cut isn't very strong, says Roger Ferguson
CNBC Television 2025-07-18 11:26
Our next guest says politicizing the Fed puts the F FOMC in a no-win situation for his insight on the Trump pal relationship. Let's bring in Roger Ferguson, former Fed vice chairman as well as a CNBC contributor. Uh Roger, one of the things that and it's good to see you. One of the things we've talked about is that the more you exert pressure on the Fed and J Pal uh to do something you want, it puts them in a position where it's less likely might make it make it less likely that they would do it even if you ...
X @Bloomberg
Bloomberg 2025-07-03 12:36
RT Bloomberg Opinion (@opinion)@JonathanJLevin Do these numbers take a July interest rate cut off the table?Tune in for live Jobs Day analysis 馃帴https://t.co/YQY6XVjGCR ...
A rate cut is justified at this point, says Greenwich's Vahan Janjigian
CNBC Television 2025-06-25 17:33
Turning back to the markets now where the S&P really close to its all-time high once again. My next guest says he was surprised how quickly the market has rebounded since the tariff announcement and warns it doesn't make sense to be back here. Joining us is Vahhan Janjigian, the chief investment officer at Greenidge Wealth Management.Vahan, welcome to you. What doesn't add up for you here. Hi, Kelly.Um, so in my opinion, the market has bounced back largely because President Trump has backed off on the tarif ...
Trump calls Fed chief Powell 'numbskull' as he urges interest rate cut
CNBC Television 2025-06-12 16:45
If we cut our interest by one point for years, we save 300 billion. If we cut it by two points, we save because it's pretty equivalent. We're going to save we're going to spend 600 billion a year. 600 billion because of one numpkull that sits here. I don't see enough reason to cut the rates now. And the the problem he's got is that and I explained to him, look, if inflation went up, cut your rates now. There's no inflation. We got it down. We got prices down. We got gasoline down. And you you'll keep it goi ...
Why Tesla Stock Is Bouncing Higher Today
The Motley Fool 2025-06-06 19:13
Core Viewpoint - Tesla's stock is experiencing a rebound after a significant sell-off, driven by broader market trends and easing tensions involving CEO Elon Musk [1][2][5]. Group 1: Stock Performance - Tesla's share price increased by 5.6% as of 3 p.m. ET on Friday, following a 14.3% decline on Thursday [1][4]. - The S&P 500 index rose by 1.1%, and the Nasdaq Composite index increased by 1.3% during the same period [1]. Group 2: Market Influences - The recovery in Tesla's stock is attributed to positive employment data that alleviates inflation concerns, contributing to a bullish market sentiment [2][6]. - The U.S. economy added 139,000 non-farm jobs in May, surpassing the expected 125,000, although previous months' job additions were revised downward [6][7]. Group 3: CEO Dynamics - Tensions between Elon Musk and President Trump had intensified, leading to negative investor sentiment; however, indications suggest that this conflict may be de-escalating, which has positively impacted Tesla's stock [4][5]. - Musk's previous support for Trump was seen as a potential avenue for growth, and the recent feud had caused investor concerns [5]. Group 4: Future Catalysts - Macroeconomic factors, including the potential for an interest rate cut by the Federal Reserve, are expected to influence Tesla's stock performance this year, alongside the rollout of its robotaxi service and vehicle sales [7][8].