Thank you. Colobby Smith with the uh New York Times. Um two of your colleagues called for a quarter point cut today and I'm wondering what aspects of their argument were most compelling to you and how you're weighing their views against those um on the committee who as of the June forecast uh were in the camp of the Fed holding interest rate study uh for the remainder of the year.Um and and just in terms of the the June SEP in particular, is that still the best representation of where the core of the commit ...

🇺🇸 Powell: What we see now is the very beginning of tariff inflation. https://t.co/wWtDf6BeVH ...

to our panel on this. So, we got what we expected, Francis. We got no cut.Okay. We got two descents from Fed governors. First time since 1993, before you were born even.Okay. I wish this this descent happened. What is Jerome Powell going to do at the next few meetings.Cuz he's on his way out and his legacy is I don't want to say on the line, but what he does is kind of how we're going to remember him because that's how things work. I might take a step back and say there's so much focus right now on Chair Po ...

What else are the most important things that we that you need to hear. With us now is Kelly Kowolski, head of investment strategies at Mass Mutual. Kelly, good to have you on set. Good to meet you.Hey, Brian. Thank you. What do you What do you want to What do you want to hear. What do your clients and customers need to hear today.Well, I think what the market is really looking for is the openness to a September cut, which is seems to be sort of a tossup right now if you look at what bond markets are pricing ...

You wrote about the the Fed recently and you talked about kind of explained how the Fed works. So I'm curious what you think is the biggest public misunderstanding about the Fed's function. Well, right now it seems to be the idea that um lower interest rates are a reward for good behavior, right.the if you listen to Trump, listen to some of the Republicans in Congress is they're saying, "Well, we should have lower interest rates because the US economy is doing great and uh you know that's a disputable thing ...

Welcome back. Shares of Manderly are under pressure this morning. Despite the company beating earnings and revenue estimates while the company reiterated guidance, it does include a 10% hit to EPS due to cocoa cost inflation.Organic growth and gross margins also falling short of expectations. Joining us in an exclusive interview is Manderly's chairman and CEO Dirk Bandut. How would these results and h how would the environment be different if we didn't have this crazy cocoa price inflation.>> Well, it it wo ...

President Trump uh as we brought up the the true social post, but we didn't get really to talk about it. Second quarter GDP just out 3% way better than expected. Uh too late, must I He's talking about JPAL.Must now lower the rate. There's no inflation. Let people buy uh and refinance their homes.Join us now. Uh another real estate guy in addition to President Trump, Richard Lfrack of the LFrack organization and CEO. Sometimes we said, Richard, it's good to see you.It's been a while. Thanks for joining us. W ...

🇺🇸 Trump reacts to 3% Q2 GDP: “Too Late must now lower the rate. No inflation! Let people buy and refinance their homes!” https://t.co/RqDBRVsXXM ...

Time now for money, power, politics. And tonight, we start with this headline from the New York Times. Quote, "Trump is winning his trade war. What will it mean for the actual economy?" We've seen him use his leverage to announce new trade deals around the world that include big tariff rates, levels that would have seemed unimaginable 6 months ago.Let's be clear, Trump is remaking the world economy around tariffs, something he has been talking about for more than a decade. He's defying expectations. And rig ...

Interest Rate Expectations and Fed Policy - The market anticipates a September rate cut with approximately a 65% probability [5] - The Fed's potential rate cut is linked to successfully navigating tariff impacts and observing inflation reports [3][6][7] - Current interest rates at 45% (implied 45%) are considered above restrictive in real terms (approximately 2%), suggesting a potential need for a rate cut [3] - The Fed is expected to provide clarity on the conditions (what), timing (when), and reasons (why) for potential rate cuts, particularly concerning tariff impacts [5][6] - Market implied inflation expectations are rangebound and consumer inflation expectations have decreased from previous highs of 6% to 7%, potentially giving the Fed leeway to cut rates if these trends continue [7][8] Market Conditions and Investment Strategy - Short-term market exuberance is noted, with the market up 30% from April lows, leading to high valuations and overbought conditions in public markets [9] - Near-term, the current moment may not be the ideal buying opportunity, but long-term investors should consider earnings growth, margins, and valuations [10] - Private markets are exhibiting meaningfully lower valuations, higher margins, and higher earnings growth compared to public markets [11] Impact of Rate Cuts and Capital Markets - A rate cut would be welcomed, especially for private market participants, as rates have already decreased by about 1% [4] - Constructive capital markets are likely to drive an uptick in M&A activity, which has already rebounded in June [12]