Cronkright II, Executive Chairman of CertifID.

I agree that Chairperson (now T-Secretary) Yellen and her board moved too slow to slowly raise rates and then Chairman Powell and his board has overcorrected.

He is the head of Blackstone group's real estate division and is also the chairman of board of Hilton hotels.  

Is that logic reasonable or even valid in 2023 LOL It seems Fed Chairman Powell has very archaic way of logic in this mindset (wondering if he uses instagram), that to reduce inflation he has to create people jobless ?

(And to correct Rebecca's statement on me, I'm actually the Chairman of the Wisconsin Apartment Association.)

A Chairman's Mark, an addendum by the committee chair, is scheduled for Friday, November 3.

I understand the counterpoints here, but feel that the bet on rates coming down is a bet on the Fed suddenly and dramatically reversing course - something I think unlikely until Jay Powell's term expires and a new chairman is installed. 

If you would have asked me a week ago (after hearing Chairman Powell's most recent comments) I would have bet that rates would continue to rise through 2024.

The Fed Chairman's Kaskari is very proud of what he' did during covid to aggressively cut rates, read his interview recently.The driver of the economy of this country is more aggressive than any racing driver, they're always do something in extreme ways.

Then there's the market cycle and continuum "timing..." which 'insiders' like the founder (former Saloman vice chairman, and co- developer of the same "mortgage backed securities" derivatives that caused much of the "robo- signed, toxic debt" baked into the  2007- 12 cake, now worth around $2 billion with his 80 page LO 'agreement') would likely have been capable of "doing the numbers on?"