Dick Bove: The Fed is too tight and must reverse policy because this economy can't handle it

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Commentary: The Fed is too tight and must reverse policy, because this economy can't handle it.

 

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But the recovery boss. The recovery! Are we reaching the point where these crooks are forced to admit the Emperor isn't wearing any clothes?

Better Headline: The Fed and Trump play Russian Roulette

'Greatest economy of all time' can't handle it.

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Dick Bove: The Fed has caved to President Trump's wishes and that's a game changerThe notable banking analyst believes this central bank might even be closer than Richard Nixon's Fed was to him during his Presidency. It's also the type of behavior that lead to the 08 crash. Powell is no longer his own man, lost much respect!! Just another Trump puppet, Now you have bigger debt , Hugh leverage situation, and when the bubble bursts no ammo to deal with it, what he going to do QE with what minus rates!! He should be ashamed CNBC BS headline. Knock off the stupid headlines. There were many in the financial community as well as investors who were cautioning Powell to slow down rate increases not just Trump. Another immediate rate increase not justified!!!
Source: CNBC - 🏆 12. / 72 Read more »

Stay away from this one banking stock this year, analyst Dick Bove saysBanks have entered 2019 in good spirits, but Dick Bove of Rafferty Capital Markets has a warning on one industry leader. // Goldman Sachs... problem.
Source: CNBC - 🏆 12. / 72 Read more »

Dick Bove: Here's why bank stocks are leading the market lower and likely to continue to do soBank capital is under severe pressure because managements are giving away literally hundreds of billions of dollars in stock buybacks and what remains is being eroded by higher interest rates. All of you foolish white men need to stop talking about the fed. The demise of the market is all trump
Source: CNBC - 🏆 12. / 72 Read more »