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You're overrating the benefits of 'ownership' and, as you noted, it's a FED case.
The 'machine' can not choose jurisdiction. It's either a Fed case or it isn't.
Or..………….
The reason why the Fed could be pressured to raise rates
Paul Lamonica-Profile-Image
By Paul R. La Monica, CNN Business
Updated 12:15 PM ET, Fri May 31, 2019
https://www.cnn.com/2019/05/31/investing/fed-rate-hikes-inflation/index.html
New York (CNN Business) — The tariff-induced market meltdown is increasing the probability that the Federal Reserve could cut interest rates later this year.
But what if the central bank goes in a different direction? There's an argument that the Fed's hands are tied and that it might need to actually hike rates if consumer prices creep higher.
The Fed may not just be facing the risk of recession. It needs to watch out for another threat: a troublesome economic trend known as stagflation, which is when sluggish growth and inflation happen simultaneously. That's what happened in the 1970s, when oil prices surged at the same time the broader economy was slumping.
"It's entirely possible the Fed could have to raise rates," said Michael DePalma, managing director of fixed income with MacKay Shields, a firm that runs the High Yield (HYLD) bond ETF.
What's tricky is that inflation is a process. It doesn't turn on a dime. It has to work its way through," DePalma added. "If you do get inflation it can seriously hamper the Fed's ability to cut rates if the economy slows."
Retailers are raising prices
Make no mistake: Tariffs imposed on China and Mexico should lead to higher prices at US retailers and car dealerships.
Costco (COST) chief financial officer Richard Galanti was pretty blunt when asked about the impact of the trade war on the company's earnings conference call Thursday evening.
"At the end of the day, prices will go up on things," Galanti said.
Keep in mind that Costco is a retail powerhouse that has the financial wherewithal to absorb the hit from higher costs better than many other chains. It's also a company that prides itself on offering bargains. So if Costco might have to raise prices, expect just about every other retailer, large and small, to do the same.
Lewis Alexander, chief US economist at Nomura, said in a report that he's expecting a "pronounced impact on auto prices and some electronics" because of tariffs. He argues that food prices could go up, too.
"Higher tariffs on imports from Mexico and China could provide an opportunity for price-setters to raise prices, which could make long-term inflation expectations unstable," Alexander added. "In that case, shocks induced by tariffs might have a long-lasting impact on inflation."
Inflation risk is 'underappreciated'
A lot of people are also too quick to dismiss inflation as a concern, said Alejandra Grindal, senior international economist with Ned Davis Research.
She noted that in addition to the possibility of higher consumer prices from tariffs, the healthy job market in the United States has led to higher wages. A continued rise in the size of workers' paychecks will add to inflation pressures.
"I'm not saying the Fed will definitely raise rates. But it's a risk that's underappreciated since tariffs and higher wages could lead to a spike in inflation," Grindal said.
Still, unless the pendulum swings dramatically toward a recession or a substantial pickup in inflation, the Fed may have no choice but to sit tight and wait to see how the trade war ultimately pans out.
"It's hard to see stagflation coming, but you could see consumer prices accelerate at the same time the economy slows down," said Brian Nick, chief investment strategist with Nuveen. "That's why I don't think the Fed steps in either way."
The Fed also has to worry more about a prolonged economic slump because of tariffs than the risk of higher prices, said Mona Mahajan, US investment strategist and portfolio manager with Allianz Global Investors.
"The case for cutting rates has escalated. There is substantial downside for the US economy," Mahajan said, adding that the Fed may be willing to let inflation overshoot a bit in order to avoid a sharp economic slowdown.
Either way, the Fed is in a bind right now. There are no easy answers about what it should do next.
Burying Supply-Side Once and for All
By Neera Tanden
from Summer 2013, No. 29 – 11 MIN READ
Tagged Middle Class
https://democracyjournal.org/magazine/29/burying-supply-side-once-and-for-all/
Weekend TOONs - The McCain Mutiny
Surprised that it took this long for that play on words to appear. Even more surprised that one of us didn't come up with it.
https://www.democraticunderground.com/100212151084
202 posts and counting. How often has that happened here?
Proud to do my part.
Probably won't be surpassed until the day impeachment hearings begin or Trump says no mas, whichever comes first.
You know it's my default practice and that the exception does, in this instance, prove the rule.
That said, I will continue to strangle the Trumpanzees with my links.
C'mon, nothing looks like that BUT a quote from Wikipedia.
And the only links the person I was responding to likes are maple.
You had to be there.
Not quite THE last one.
Nobody doesn't have an emotional hook in this one. Anyway, a good pairing.
Like singer James Brown being 'caped' or Dracula after spotting a crucifix.
Mama don't take my speedbag away..... to the tune of....
So you're THAT good of a shot, huh? LOL.
I was in a reserve unit that had it's share of cops. The original Mayor Daley gave an order to the police to "shoot to kill arsonists, shoot to wound looters"
I jokingly asked one of the cops: you THAT good a shot? Fuck no he said, we pull the gun we shoot to bring the perp down. A fatal shot is the way to do that. That said, none of us are going to shoot a looter struggling with a 23" TV set, or two guys with a couch.
After we stop laughing we're going to command the perps to put the fucking TV/couch DOWN.
Yeah, I figured whoever was focused on the debate would have read your whole post or tracked back to it.
I did leave the link in for the article, but I get your point.
The more complex the dispute the more I default to the 'it's this AND it's this' rather than THIS is the answer.
It does have a reputation as a driver's car in whichever iteration it comes. YouTube reviews of it are uniformly enthusiastic.
Which model do you have, and did it arrive with iodine capsules in the glove box?
My Administration has launched a global campaign to decriminalize homosexuality and invite all nations.....and Mike Pence.... to join us in this effort!
C'mon MIke, you bible thumping knucklehead, you know I love you! Get up here and join me in this declaration. Mike?! Mike?! Where'd he go? Sarah, get his ass back in here.
You are attributing 'thinking' to one for whom that is too much heavy lifting.
I'm surprised that you would do that, as you can almost smell the burnt out motor, of a cheap Harley, while reading his posts.
Friday TOONs - Better?
https://www.democraticunderground.com/100212147292
The Fox News chyron that ruined Trump's day
President Donald Trump’s fragile state-of-mind was dealt a “fatal blow” by Fox News, MSNBC anchor Nicolle Wallace reported on “Deadline: White House.”
The host explained that “today we’ve been watching the collapse of a con.”
“Donald Trump’s cover story — crafted with a heavy assist from Attorney General William Barr’s five pre-report appearances and statements — came crumbling down today when Donald Trump woke up and realized that Robert S. Mueller clearly found evidence he obstructed justice and that he had unseemly contacts with a foreign adversary,” Wallace said.
“The fatal blow to his fragile state may have come from the words on the bottom of the screen on his network of choice Fox News where they ran these words, ‘no exoneration,'” she continued, showing a clip of Fox News personality Bret Baier on Wednesday.
“It was a far cry from Trump’s words, ‘total and complete exoneration,'” Wallace noted.
https://www.rawstory.com/2019/05/fox-news-reporting-no-exoneration-was-a-fatal-blow-to-donald-trumps-delicate-state-of-mind-nicolle-wallace/
https://www.democraticunderground.com/100212145645
Nah, I got his middle name exactly right. I've seen his lame ass kicked around and handed to him on just about every cable show he's been on.
Here's a tip, word salad works so much better if you serve it up with some ground coherent thought and yes, a fucking point.
Work on it.
Scott Stedman: "This is a huge win for Putin."
Scott Stedman @ScottMStedman
Wow. In a single phone call, Trump overrides months of foreign policy and takes a step to allow Turkey to purchase US F'35s and Russia's S-400 missiles. This is a huge win for Putin. Congress was pushing to sanction Turkey for buying the Russian missiles https://www.middleeasteye.net/news/trump-approves-key-turkish-offer-s-400s …
3. Russia will now have access to the F-35 and can insert malware in its networking devices
Trump is an utter fool
https://www.democraticunderground.com/100212148168
Hilarious, who knew a conservative could strategize?
He's talking to a network incapable of subjecting itself to the same introspection he demands of the NYT.
Yeah, FAUX News, do look in the fucking mirror at your own overt partisanship.
It's a Russian doll. Fox is in Trump's pocket and Trump is in Putin's pocket.
Conservative strategist Chris Barron echoed Gainor’s reaction to the Vanity Fair story.
“I don’t know whether to laugh or cry at this story,” Barron told Fox news. “Has anyone from the New York Times actually read the New York Times? If they want to avoid the appearance of overt partisanship they might try taking a look in the mirror first.”
Marc fucking Thiessen? Well he served a couple of first class liars. He's a hyper-partisan RW jackass.
Marc Alexander Thiessen (born January 13, 1967) is an American author, columnist, and political commentator. He writes for The Washington Post newspaper. He served as a speechwriter for United States President George W. Bush (2004–09) and Secretary of Defense Donald Rumsfeld (2001–06).[1]
Nothing you've ever posted makes that clear.
The next clever thing you post will be your first.
Look up the difference in meaning between manifest and assert.
In other words, start walking your talk.
CAP aside, the comma was unnecessary and your lack of understanding of the difference between purger and perjure is pathetic.
You're not a clear thinker partly because you are a stone cold illiterate.
and I don't think you can handle the English language.
He was pointing out YOUR illiteracy, dipshit.
This is the word that escaped you..
https://www.dictionary.com/browse/perjure
perjure
[ pur-jer ]SHOW IPA
EXAMPLES|WORD ORIGIN
SEE MORE SYNONYMS FOR perjure ON THESAURUS.COM
verb (used with object), per·jured, per·jur·ing.
1to render (oneself) guilty of swearing falsely or of willfully making a false statement under oath or solemn affirmation:
The witness perjured herself when she denied knowing the defendant.
It couldn't be more clear that your a gutless POS. Even at his age Mueller could wipe the floor with you.
Oh please, you loved his opinion when he was defending Trump.
Barr lied about why Mueller didn't indict Trump for obstruction, which Trump did in plain fucking sight.
Finals, he didn't even make the cut to participate. Disqualified for speeling mistakes on his applaction for the Bee.
He's coming up on age 74, you f'ing nitwit.
How many people in the DOJ are working at his age?
Too late for the …...McCabe treatment, you idiot.
You talk a lot about the fear in others. More projection?
Conviction? Yeah, enough so that he doesn't want to be in the same building with the disgraced bullfrog masquerading as AG.
Mueller couldn't charge Trump, you obtuse POS. Like posters have said, read the report. Or, just listen to your former hero Napolitano.
https://reason.com/podcast/trump-obstructed-justice-says-judge-andrew-napolitano/
Judge Andrew Napolitano of Fox News has long argued for libertarian positions on the nation's largest cable news network, consistently holding George W. Bush, Barack Obama, and now Donald Trump accountable for alleged abuses of power.
In Napolitano's analysis, the Mueller report on Russian interference in the 2016 election lays out multiple instances in which President Trump attempted to interfere with the investigation, thus making him guilty under federal laws governing the obstruction of justice.
The president responded with a series of hostile tweets claiming, among other things, that Napolitano had asked to be named to the Supreme Court and requested a pardon for a mutual friend.
Yeah, he did. Plenty of material for impeachment hearings.
Like I said, people without a single hair on their ass, like you, are the last people I take seriously when they accuse Mueller of being afraid.
Trump 'pleased' to McGahn to fire Mueller at least once. He did fire Comey for 'this Russher thing'...Trump's own words.
10 instances are more than sufficient to impeach his lame ass.
1 instance would be enough for you to want to lock Obama or Clinton up.
And Trump's craven behavior toward Putin is straightforwardly embarrassing to anyone paying attention.
Aww, did Mueller confuse you with big bad complex sentences?
No, dumb-ass, I am making the most reasonable of inferences based upon the words and actions of Trump RE Putin.
You blind or stupid, or both?
Yeah, a throwaway line he had to come up with after saying yes I wanted Trump to win.
Maybe he should have more truthfully answered "I wanted a U.S. president who would never criticize me or Russia for anything.
One who is about to answer "I don't know why they would" when you ask him about Russian interference in the election, confirmed by U.S. Intel agencies; all of them."
Nice leap from not wanting an embarrassing lapdog president to wanting a war.
And this is exhibit A as to why the Russians had SUCH an easy time fooling you credulous rubes....
https://www.snopes.com/fact-check/hillary-clinton-threw-a-tantrum-with-matt-lauer/
But Politico did not report that Hillary Clinton threw a water glass at anyone’s head, threatened the firing of Matt Lauer, or called Donald Trump a “fascist fuck.” All of that was invented by Victurus Libertas in an apparent attempt to smear the Democratic candidate, and it served as the basis for a longer, highly embellished version of the rumor that began circulating via e-mail in October 2016:
Lemme ask you, numbnuts. Were you on your way to the pizza parlor child porn ring, run by the Clintons, when the asshole with the rifle beat you to it?
It's what both the Intel agencies and Mueller concluded; and from Putin's own mouth to boot.
Please tell us how you'd take it if Putin's remark pertained to hs support for Obama or Clinton.
Exploding righty head zone, fire in the hole!
She's innocent of being helped by the Russians to defeat Trump.
Yeah, and there went the recipes, wedding invites and other personal matters.
Meanwhile Trump betrays the U.S daily by continuing his job as Putin's ball-washer.