James E. Thorne (@drjstrategy) 's Twitter Profile
James E. Thorne

@drjstrategy

Chief Market Strategist @WellingtonAltus. Astute, observations and conclusions. Personal views. Not investment advice. Please do your own research.

ID: 1197943937089982464

calendar_today22-11-2019 18:24:40

13,13K Tweet

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James E. Thorne (@drjstrategy) 's Twitter Profile Photo

Yes the Fed is wrong. I often hear Wall Street pundits claiming they have no opinion on where interest rates should be, that the Fed is "right," and that they’re simply investing in accordance. This stance strikes me as intellectually lazy, if not outright evasive. The

James E. Thorne (@drjstrategy) 's Twitter Profile Photo

Does everyone truly grasp the absurdity here? The Federal Reserve’s monetary policy lags by at least two years. The current FFR the economy is grappling with was set in Summer 2023. Back then, the Fed funds rate hit 5.33% and remained there until August 2024. Yet, Wall Street

Does everyone truly grasp the absurdity here?

The Federal Reserve’s monetary policy lags by at least two years. The current FFR the economy is grappling with was set in Summer 2023. Back then, the Fed funds rate hit 5.33% and remained there until August 2024. Yet, Wall Street
James E. Thorne (@drjstrategy) 's Twitter Profile Photo

The Real Effective FFR is over 5%. 1) actual FFR being absorbed right now set in Aug 2023 .. 5.33% 2) use market based measures for Shelter into CPI taking out lagged tainted BLS shelter and YoY CPI is -0.4% 3) (1) + (2) = 5.73% Sorry it’s closer to 6%. Have a nice day.

James E. Thorne (@drjstrategy) 's Twitter Profile Photo

Back to the upward sloping 200 day EMA. The long term thesis has not changed. In fact it’s getting better. Don’t bet against Elon. $TSLA

Back to the upward sloping 200 day EMA. 

The long term thesis has not changed. In fact it’s getting better. 

Don’t bet against Elon. 

$TSLA
James E. Thorne (@drjstrategy) 's Twitter Profile Photo

You want the US economy to grow!! Get Regional Banks lending to Main St USA! Sec Bessent gets this! Right back to the 200 Day EMA. $KRE

You want the US economy to grow!!

Get Regional Banks lending to Main St USA!

Sec Bessent gets this!

Right back to the 200 Day EMA. 

$KRE
James E. Thorne (@drjstrategy) 's Twitter Profile Photo

Secretary Bessent gets it. Gain of Function Monetary Policy. Scott Bessent’s concept of “gain of function monetary policy” serves as a sharp condemnation of the Federal Reserve. He rightly argues that, since the financial crisis, the Fed has recklessly expanded its powers and

James E. Thorne (@drjstrategy) 's Twitter Profile Photo

Gain of Function Monetary Policy. Yea there has been mission creep at the Fed! Are folks finally waking up to this fact? Secretary Bessent nails it. 👇