**Nasty** PROOF the Fed is RIGGING the Stock Market!
FULL TRANSCRIPT
folks I am about to show you the
stupidest stupidest stupidest question
that was asked of Jerome Powell this man
hands down
ruined today in a very bad way because
let me put it this way Jerome Powell was
normal level of hawkish he actually had
a dovish statement in his press
conference statement release uh that
comes out right at 11 A.M at 11 30. he
talks about hey you know we've got some
ways to go but he's not actually going
all crazy hard Hawk until this one
moment
after this one moment Jay Powell all of
a sudden goes to
it's very premature to think about
pausing the risk of doing too little
outweigh the risk of doing too much
because if we do too much and we
restrict the economy too much we could
just turn the money printer on again but
if we do too little we cause problems
and then Jerome Powell hammered all of
it home by telling us the path to a soft
Landing has narrowed and reiterated like
three more times that no pause in fed
rates we're gonna keep hiking even
though the actual individual rates may
be smaller and how much we hike in each
meeting that journey is going to be long
we're gonna be going on a ride for a
while and guess who the person is who
inaccurately pushed Jerome Powell in the
wrong direction and it is
this guy right here this person as the
stupidest question of the entire meeting
with just seven freaking minutes left
listen to the question
keep in mind when he says that stocks
and bonds are up he's wrong they were
down at this point NASDAQ was down like
1.3 percent anyway listen to this
if we follow uh it looks like stock and
bond markets are reacting positively to
your announcement so far is that wrong
uh something you wanted to see is that a
problem or
uh what how much that might affect uh
your future policy to see this positive
reaction
looks away here and he's like
here we go you know I don't want to be
the person that's like yeah I gotta make
your stocks go down but here we go I
gotta make your stonks go down you know
we're not uh we're not targeting any any
one or two particular things you know
our message should be what I'm trying to
do is make sure that our message is
clear which is
so let's clear it up okay and we think
we have a ways to go we have some ground
to cover with interest rates before we
get to uh before we get to um that level
of interest rates that we think is
sufficiently restrictive and putting
that in the statement and identifying
that as a goal is an important step and
that's that's meant to put that question
really as the important one now going
forward
um I've also said that that we think
that the level of rates that we we
estimated in September the incoming data
suggests that that's actually going to
be higher and that's been the pattern I
mean I would have little confidence that
the forecast if we made a forecast today
if we were doing an SCP today you know
the pattern has been that one after
another they go up and you know listen
listen to this the guy asked hey are you
trying to make stocks go down and Jerome
pile is like I'm just trying to
communicate clearly we got some ways to
go if we had to decide today what we
would do in terms of projecting a
terminal fed funds rate oh it'd be even
worse you know that'll end when it ends
but there's no sense that that uh you
know that inflation is uh is coming down
it just if you look at the I have a
table of the the last 12 months of
12-month readings and there's really no
pattern there we're exactly where we
were a year ago so listen to that
literally after the guys like stocks are
going up Trump I was like what where
exactly where we were a year ago Jerome
Powell is almost like in disbelief here
like that's it I gotta take out every
tool that's it no sign we're stopping
anytime soon we'd go higher if we could
right now we'd change the estimate up
every time we've done an estimate before
we've revised it up and uh you know we
haven't gotten anywhere in the last year
I mean he's going dirty no sign of
wanting to stop at all and then he ends
up going into of course the soft Landing
talk let's just wrap it up and then I
want to show you the sticks to prove
that this guy was an idiot and drove
Powell off a cliff
um okay so I would also say
um it's premature to discuss pausing
all he said is stocks and pods are up
Joe Powell looks at his notes he's like
oh yeah
um we won't be pausing anytime soon
tank please please tank everything
please tank
he has shorts that reporter he's
freaking brilliant that's what you ought
to do is you short the market tell
Jerome Powell that stocks are going
green even when they're not and don't
worry leave the rest of the j-pow oh my
gosh
um and it's not something that we're
thinking about that's that's really not
a conversation to be had now we have we
have a ways to go
and the last thing I'll say that is that
um I would want people to understand our
commitment to getting this done and to
not making the mistake of of uh withdraw
of of not doing enough or the mistake of
withdrawing uh our our strong policy and
um
doing that too soon so those I control
those messages and and uh that's my job
[Laughter]
from Nikki Lee
and first of all look at Jay Pal's face
there look at his face he's just like
bet you stocks ain't green anymore
but then look at this look at this you
go over here this is from Nikki Lee oh
there it is Nick T from The Wall Street
Journal right what do we get many
investors this year have been eager to
interpret signs of a less aggressive
rate rate rise Pace oh come on uh as a
sign that the pause in rate increases
isn't far off
but a sustained Market rally risks
undoing the fed's work of slowing down
the economy so in other words j-pow
doesn't want a market rally he just
proved to you literally just proved to
you that when he was lied to
and was told that stocks were green when
they weren't Jerome Powell will go out
of his way to ruin it that was 38 to 41
minutes into the press conference which
started roughly one minute late so if it
started at 11 30 we're going to look at
the NASDAQ at uh 12 uh 30 40 minutes
that would be about 12 10 ish right so
minus 2 12 1208 to uh right about 12 10
is when we got this nasty message from
j-pal right oh my gosh I didn't even
look at this before I started filming
this clip but watch this
all right look at this things start
going green right here right we gotta we
got a little bit of red here we lost the
bounce that we had from the dovish Duck
Right Here folks look at these look at
these you see these green candles right
here
this question gets asked like right here
1208 1209 right around here the question
gets asked j-pow starts answering the
question right around 12 10. Finnish is
answering the question right around 12
11. what happens right after that NASDAQ
goes from 271 uh or QQQ down to 266. 266
divided by 271 to almost a two percent
additional decline off of this guy
suggesting that stocks are going up the
guy had a memory of this happening
didn't look at the fact that we had
already given that up tanked the market
even more you know that guy was short in
the market it's so crazy but the big
takeaway is in my opinion and and like
this should have been obvious a long
time ago right I mean I still remember
back in February Sarah Eisen asking drum
pal do you just want stocks to go down
and he's always like look we're just
committed to getting inflation down and
I don't know why my impersonation of him
is like Donald Trump but this right here
is like cold hard proof
he wants your stocks to go down baby so
if you're feeling bad because your
stocks are going down it probably ain't
your company
it's J-pop
UNLOCK MORE
Sign up free to access premium features
INTERACTIVE VIEWER
Watch the video with synced subtitles, adjustable overlay, and full playback control.
AI SUMMARY
Get an instant AI-generated summary of the video content, key points, and takeaways.
TRANSLATE
Translate the transcript to 100+ languages with one click. Download in any format.
MIND MAP
Visualize the transcript as an interactive mind map. Understand structure at a glance.
CHAT WITH TRANSCRIPT
Ask questions about the video content. Get answers powered by AI directly from the transcript.
GET MORE FROM YOUR TRANSCRIPTS
Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.