The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. Smokie

    Smokie Well-Known Member

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    Hey, nice to see TB16 cruising through here again.
     
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  2. WXYZ

    WXYZ Well-Known Member

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    I dont care what anyone else thinks.....my view....The FED is RIFE with BIAS, politics, self-interest, and worse.

    Ex-Fed Governor Kugler Resigned After Violating Trading Rules

    https://finance.yahoo.com/news/ex-fed-governor-kugler-faced-143943538.html

    "......Kugler’s latest financial disclosures, which included previously undisclosed trading in multiple individual stocks in 2024 — some of which occurred during the Fed’s blackout period — in violation of the agency’s ethics rules."

    When she resigned......."the Fed said her absence was due to a “personal matter.”".......REALLY?

    This is the legacy of the POWELL FED........there were revelations of unusual trading activity in 2020 by several senior officials.

    Boston Fed President Eric Rosengren and Dallas Fed chief Robert Kaplan retired early after the revelations, with Rosengren citing ill health.

    RIGHT.....ill health.....in the form of getting caught.

    MY COMMENT

    The POLITICAL and GOVERNMENT ELITES.....in action. These people are all though our government system....and...they never pay much of a price for their actions.
     
  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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  5. Smokie

    Smokie Well-Known Member

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    Yes, the earnings train rolls on. Will be interesting to see the results.
     
  6. Smokie

    Smokie Well-Known Member

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    There have been quite a few of these little stories surface over the past few months. Of course, it is nothing new. It is a story as old as time itself. Policymakers and the like all spout they want office to "help" and to make some difference and they do.....it is just usually themselves and their cronies. :D
     

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