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Powell Says Markets “Frothy” as Goldman Calls For Biggest Jump in Oil Demand EVER!

FED SAYS TAP WILL STAY ON FULL BLAST

source / The Money GPS

Jerome Powell, your friend and mine, has reassured the markets that the punch bowl will not be removed any time soon. The markets constantly need to be pacified to keep this excessive over exaggerated trend continuing. Otherwise, money would find its way into less risky bets. But with record low interest rates and the promise of years of free money, why bother?

$GPS

 

Fed decision April 2021: Interest rates held near zero, sees faster growth

Fed holds interest rates near zero, sees faster growth and higher inflation

The Federal Reserve on Wednesday kept its easy money policy in place despite an economy that it acknowledged is accelerating. As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month.

Powell Breaks Out the ‘Froth’ Word When Asked About Markets – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-28/powell-breaks-out-the-froth-word-when-asked-about-markets

archive

 

Federal Reserve Decision: No Change to Rates, Bond Buying – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-28/fed-strengthens-view-of-economy-while-keeping-rates-near-zero

archive

 

Powell gives all clear for stocks to keep moving higher

Fed Chair Powell gives stocks the all-clear to keep moving higher

Fed Chairman Jerome Powell signaled that the central bank is not looking to tighten policy any time soon, a bullish sign for stocks and other risk assets. Powell spoke following the Fed’s two-day meeting Wednesday and surprised bond market pros with his comments that the central bank is not close to discussing paring back its $120 billion a month bond-buying program.

Yahoo Finance on Twitter:

““Some of the asset prices are high. You are seeing things in the capital markets that are a bit frothy. That’s a fact,” Fed Chair Powell says in response to a question from @bcheungz. “The overall financial stability picture is mixed, but on balance it’s manageable.”

https://t.co/6ZbiFDIQmW” / Twitter

Yahoo Finance on Twitter: “”Some of the asset prices are high. You are seeing things in the capital markets that are a bit frothy. That’s a fact,” Fed Chair Powell says in response to a question from @bcheungz. “The overall financial stability picture is mixed, but on balance it’s manageable.” pic.twitter.com/6ZbiFDIQmW / Twitter”

“Some of the asset prices are high. You are seeing things in the capital markets that are a bit frothy. That’s a fact,” Fed Chair Powell says in response to a question from @bcheungz. “The overall financial stability picture is mixed, but on balance it’s manageable.” pic.twitter.com/6ZbiFDIQmW

Stock Market Today: Dow, S&P Live Updates for Apr. 28, 2021 – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-27/asia-eyes-steady-open-after-tech-stocks-weaken-markets-wrap

archive

 

Bloomberg Dollar Index

No Title

No Description

S&P 500 Price/Earnings Ratio (P/E)

150.2 years, 01/31/1871 – 04/16//2021, monthly data points except most recent point

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No Description

Biden’s big bet: He can remake the economy without any negative side effects

Biden’s big bet: He can remake the economy without any negative side effects

President Biden, fresh off a victory on a large stimulus package, is pitching another $4 trillion in spending to make bold investments in the nation’s physical infrastructure and human capital in an effort that he says will spur growth, create a more equitable economy and make the United States more competitive with China – without any negative side effects.

Global food prices are spiking thanks to the pandemic – Axios

Food prices are rising – and that’s bad for global stability

Global food prices have been rising for months, putting additional pressure on the world’s poorest people. Why it matters: Past spikes in the price of food staples have been connected to periods of social unrest, including the Arab Spring.

Goldman Sachs forecasts the biggest jump in oil demand ever

Goldman Sachs forecasts the biggest jump in oil demand ever

Goldman Sachs is forecasting the largest jump in oil demand on record as the world opens up again amid the Covid-19 vaccination rollout. The firm is raising its outlook on oil based on this expected upswing in demand.

United States Crude Oil Production | 1950-2021 Data | 2022-2023 Forecast | Historical

United States Crude Oil Production | 1950-2021 Data | 2022-2023 Forecast | Historical

Crude Oil Production in the United States increased to 11080 BBL/D/1K in January from 11063 BBL/D/1K in December of 2020. Crude Oil Production in the United States averaged 7557.28 BBL/D/1K from 1950 until 2021, reaching an all time high of 12879 BBL/D/1K in November of 2019 and a record low of 3971 BBL/D/1K in September of 2008.

Dave Portnoy on Twitter:

“So am I understanding this correctly? @elonmusk buys #bitcoin. Then he pumps it. It goes up. Then he dumps it and make a fortune. Listen I own 1 #Bitcoin but #bitcoin is exactly who we thought it was. Just don’t be last 1 #HODLing the bag.” / Twitter

Dave Portnoy on Twitter: “So am I understanding this correctly? @elonmusk buys #bitcoin. Then he pumps it. It goes up. Then he dumps it and make a fortune. Listen I own 1 #Bitcoin but #bitcoin is exactly who we thought it was. Just don’t be last 1 #HODLing the bag. / Twitter”

So am I understanding this correctly? @elonmusk buys #bitcoin. Then he pumps it. It goes up. Then he dumps it and make a fortune. Listen I own 1 #Bitcoin but #bitcoin is exactly who we thought it was. Just don’t be last 1 #HODLing the bag.

Child tax credit: Biden commits to 4 more years, but Dems want it permanent

Lawmakers push to make $3,000 child tax credit permanent, but Biden only commits to 4 more years

President Joe Biden released his American Families Plan on Wednesday, which calls for a four-year extension of the new $3,000 child tax credit. But Democrats in Congress say an extension through 2025 is not enough and are seeking to make this credit permanent for American families.

United States Fed Funds Rate | 1971-2021 Data | 2022-2023 Forecast | Calendar

United States Fed Funds Rate | 1971-2021 Data | 2022-2023 Forecast | Calendar

The Fed left the target range for its federal funds rate unchanged at 0-0.25% and said it will continue to purchase bonds at a rate of $120 billion a month despite acknowledging a rise in inflation and the improvement in the economy.

Iterable Startup CEO Says He Was Ousted for Taking LSD at Work – Bloomberg

https://www.bloomberg.com/news/articles/2021-04-27/iterable-startup-ceo-says-he-was-ousted-for-taking-lsd-at-work

archive

 


Goldman Sachs says the biggest jump in crude oil demand ever is about to happen. If true, expect higher prices in gasoline. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being pumped in from all sides, creating a massive bull market that apparently will never end as we are on a permanently high plateau. Stimulus driving markets higher.


— APPENDICES —

— The Money GPS: Swaggystocks.com is an interesting look at retail trading. Cut through all the nonsense and simply look at the data (Instagram Feb 21, 2021)
— The Money GPS: Swaggystocks.com shows you exactly what’s going on with the retail traders. Ignore the garbage on the actual boards and just get the data (Instagram Feb 21, 2021)
— The Money GPS: Bitcoin $240,000? (Instagram Feb 17, 2021)
— The Money GPS: TOP 2 TRADES FOR 2021 (Instagram Feb 15, 2021)
— The Money GPS: Commodities for 2021 — Boom or bust? (Instagram Feb 14, 2021)
— The Money GPS: Leave your emotions at the door investing is strictly business (Instagram Feb 13, 2021)
— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)
— The Money GPS: Brandon Dawson. One guy to watch out for as an investor to see what he’s doing and compare. (Instagram Feb 12, 2021)
— The Money GPS: REAL Unemployment Rate 10% (Instagram Feb 11, 2021)
— The Money GPS: Zoom out and see what you’re doing objectively (Instagram Feb 7, 2021)
— The Money GPS: SPAC IPO trend getting out of hand (Instagram Feb 6, 2021)
— The Money GPS: Citadel made lots of money from the retail traders (Instagram Feb 5, 2021)
— The Money GPS: Oil, commodities rising. Price will impact consumers. (Instagram Feb 5, 2021)
— The Money GPS: GME and AMC attracted many buyers. Illiquid stocks/micro cap stocks are now trendy. Be careful. (Instagram Feb 4, 2021)
— The Money GPS: Silver rockets higher (Instagram Feb 2, 2021)
— The Money GPS: Silver squeeze next? (Instagram Jan 31, 2021)
— The Money GPS: ETF loses 80% of assets! (Instagram Jan 31, 2021)
— The Money GPS: The Fed will not pop the bubble (Instagram Jan 30, 2021)
— The Money GPS: Wall Street Bets on Reddit is adding millions of people. Retail traders needed to keep the prices going higher. (Instagram Jan 30, 2021)
— The Money GPS: Jim Cramer says don’t go for grand slam. What do you think? (Instagram Jan 29, 2021)
— The Money GPS: Robinhood caps hot stocks like #gme to 1 share! (Instagram Jan 29, 2021)archive
— The Money GPS: STOCK MARKET TUMBLES as GME soars (Instagram Jan 29, 2021)
— The Money GPS: Find a company you thought was no longer in business, buy some shares, get rich quick. Is that what’s seriously happening right now?! (Instagram Jan 29, 2021)
— The Money GPS: Hedge your bets like @mcuban ? (Instagram Jan 28, 2021)
— The Money GPS: Fed won’t pull the plug right? (Instagram Jan 25, 2021)
— The Money GPS: Delaying the inevitable pain. (Instagram Jan 25, 2021)
— The Money GPS: Money flooding into stocks (Instagram Jan 24, 2021)
— The Money GPS: 2 ears, 1 mouth — use in that ratio. (Instagram Jan 23, 2021)
— The Money GPS: Buy the biggest shorts? (Instagram Jan 23, 2021)
— The Money GPS: Investing legend says bad things are coming because paper printing does not create an economy. (Instagram Jan 22, 2021)
— The Money GPS: The purpose of big tech is to absorb your data. Not to provide a service and later take advantage of you. Look up In Q Tel. (Instagram Jan 21, 2021)
— The Money GPS: Moving south? (Instagram Jan 21, 2021)
— The Money GPS: Bitcoin going higher? (Instagram Jan 20, 2021)
— The Money GPS: Janet Yellen will you go “big”? (Instagram Jan 19, 2021)
— The Money GPS: Time to move? (Instagram Jan 19, 2021)
— The Money GPS: Never stop (Instagram Jan 18, 2021)
— The Money GPS: Invest in yourself first (Instagram Jan 18, 2021)
— The Money GPS: BITCOIN HITS $40,000 (Instagram Jan 7, 2021)
— The Money GPS: To get where you want to be, you have to know where you are now. (Instagram Jan 4, 2021)
— The Money GPS: Aim Higher (Instagram Dec 17, 2020)
— The Money GPS: Never lose money (Instagram Dec 16, 2020)
— The Money GPS: Master one thing before moving on. Know where you are in the cycle. (Instagram Dec 15, 2020)
— The Money GPS: Be a better investor | How to be a better investor. Window shop! (Instagram Dec 12, 2020)

— FOOTNOTES —

The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”

Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.

The Money GPS on Twitter: “CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #bitcoin #crypto #china #CBDC pic.twitter.com/JVCnwV2vI2 / Twitter”

CHINA SAYS BITCOIN AN “INVESTMENT ALTERNATIVE”. Consider the possibility of a country or central bank dumping 1% of their U.S. Treasuries to buy Bitcoin. If others followed? Not suggesting will happen. I’m just discussing the implications, if any. #bitcoin #crypto #china #CBDC pic.twitter.com/JVCnwV2vI2

The Money GPS on Twitter: “”HIGH RISK” #HOUSING MARKET. So what will be done? Nothing. #Mortgage rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest #bubble and it’s not just #Toronto pic.twitter.com/vQvu8gGByK / Twitter”

“HIGH RISK” #HOUSING MARKET. So what will be done? Nothing. #Mortgage rates near record lows. “Blind” bidding. Artificially low listing prices purposely used to generate euphoria and overbidding to increase sales commission. This is the biggest #bubble and it’s not just #Toronto pic.twitter.com/vQvu8gGByK

The Money GPS on Twitter: “”Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A / Twitter”

“Fed Sounds Alarm on Commercial Real Estate, Business Bankruptcy” Nothing to see here folks. Market is doing well. Stimulus is all that matters. The Fed loves us all. Ignore all negative news and hate anyone who highlights that which is clearly a major issue #realestate #bubble pic.twitter.com/IRDsy53G5A

The Money GPS on Twitter: “IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta / Twitter”

IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta


PLAYLISTS

The Amazon GPS – Mini YouTube eCourse

The Money GPS – How To and Solutions

The Money GPS Easy eCourse

How To Fix the Economy

How To Fix the Economy – Introduction
How To Fix the Economy – Bailouts
How To Fix the Economy – Food
How To Fix the Economy – Central Bank
How To Fix the Economy – Manufacturing
How To Fix the Economy – Financial Markets
How To Fix the Economy – Media
How To Fix the Economy – Overseas Investment


The Money GPS on Twitter: “Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them. pic.twitter.com/kF9UV6euK0 / Twitter”

Going live on #clubhouse at 11am PST / 2pm EST. Make sure to follow me on there and turn the notification bell on so it will pop up when I start the room. I gave away all the invites I had and will give more away as soon as I get them.

— The Money GPS: Clubhouse. Get in the app because I’m planning on going live daily. (Instagram Feb 13, 2021)

 


The Money GPS on Twitter: “The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT / Twitter”

The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT


HOW TO MAKE MONEY ON AMAZON – FREE eCOURSE:  http://TheAmazonGPS.com


LOOK THROUGH MY BOOKS! http://books.themoneygps.com

SUPPORT MY WORK: https://www.patreon.com/themoneygps

PAYPAL: https://goo.gl/L6VQg9

OTHER: http://themoneygps.com/donate


AUDIOBOOK: http://themoneygps.com/store

T-SHIRTS: http://merch.themoneygps.com

MY FAVORITE BOOKS: http://themoneygps.com/books


Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2021


The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.

#money #finance #inflation

 

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