IGNORE THE PROPAGANDA! The Fed. Is On A Fixed Path To DESTROY The Economy And Consumer. Mannarino

Gregory Mannarino2024-02-22

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💫 Short Summary

In his pre-market report, Gregory Manarino discusses the current market situation, the Fed's repo program, and the impact of war on the economy. He suggests that the market is pricing in the Fed's upcoming rate cuts but warns of a possible drop in June. Manarino believes that the Fed's actions are exacerbating the liquidity crisis and that war is being used to create a need for more borrowed dollars. Despite the rising risk, the market seems to be shrugging it off due to the Fed's perceived fixed path. Manarino also emphasizes the negative effects of central banks' policies on the world economy and warns that the situation will end badly for everyone.

✨ Highlights

📊 Transcript

✦

The stock market seems unstoppable due to the expectation of the Federal Reserve cutting rates.

00:01

The market is pricing in the possibility of a drop when the Fed cuts rates.

There is a selloff in the debt market, but the stock market is shrugging it off.

The Fed is pulling liquidity out of the market through its repo program.

The Fed is expected to start cutting rates in June.

War has broken out, leading to an expansion of the debt.

✦

Gregory Manarino discusses the current market situation, the Fed's repo program, and the impact of war on the economy.

02:56

The market is shrugging off the higher 10-year yield and rising risk, as it anticipates Fed rate cuts.

The Fed is pulling back its repo program, leading to a more significant war to create a need for borrowed dollars.

The houthis have declared war on the United States and are attacking US ships in the Red Sea.

Stock futures are higher, 10-year yield is higher, and the dollar's relative strength is lower.

Manarino Market Risk Indicator (MMRI) suggests that risk is high, but the market is unfazed.

✦

The market is expected to continue rising despite higher 10-year yield and lower dollar strength due to the Fed's anticipated rate cuts.

05:27

Fed's decision to cut rates is based on the need to maintain power and fund war efforts.

Current market status: Futures higher, 10-year yield higher, dollar lower, crude oil higher, gold and silver catching up, crypto doing okay.

The speaker believes that global debt will not shrink and central banks will not disappear, leading to a bad end for the financial situation.

Market indicators suggest a bearish outlook, with winners limited to the one and two percenters.

The negative effects of global financial issues are felt by everyone, emphasizing the interconnectedness of the world.

✦

The speaker discusses the inevitability of global debt increasing and the negative consequences of central banks' actions, emphasizing the interconnectedness of the world.

07:15

Debt reduction and power restoration to the people are unlikely scenarios.

Central banks are driven by greed and the desire for power.

Global debt is expected to worsen in the future.

The negative effects of financial issues are felt by everyone in the world.

People have a false belief that a utopian society will suddenly materialize.

The 10-year yield is rising, bonds are selling off, and significant individuals are selling billions of dollars worth of stock.

00:01 okay everybody here we go it's me

00:02 Gregory manarino Thursday February 2nd

00:06 2024 this is my pre market report let's

00:10 start off with this so you and I are

00:12 witnessing I don't want to really say a

00:14 phenomenon because you and I called this

00:16 we said it would happen and it is that

00:18 is this Market seems virtually

00:21 Unstoppable we don't get pullbacks we

00:23 don't get Corrections anymore this thing

00:25 just keeps going straight up and for the

00:29 most part or would

00:31 say seriously for the most part it's

00:33 because the market realizes as you and I

00:37 do that the FED is going to start

00:39 cutting rates now if you recall just

00:43 yesterday we heard from the Federal

00:45 Reserve about oh well you know maybe not

00:49 maybe so this is nonsense this is

00:52 absolute garbage the Federal Reserve in

00:56 case you don't know already is on a

00:57 fixed path here they know we exactly

01:00 what's going on they have set the stage

01:02 for it and they're going to start

01:04 cutting rates May June most likely June

01:09 and this Market is going it's going to

01:13 love it um honestly and that's what's

01:14 being priced in is it possible is it

01:17 possible that come May June most likely

01:21 June when the FED Cuts rates the market

01:23 could drop sure it's priced in I believe

01:26 that's what's going on now the issue

01:30 that you and I are looking at is all the

01:32 time it's the same thing when it comes

01:34 to the market it's the drivers the

01:35 drivers the drivers there is a selloff

01:38 going on here with regard to the debt

01:39 Market the 10year yield this morning is

01:42 higher

01:43 4.34 but the market seems comfortable

01:46 here you have to look at this

01:50 entire thing in in in in its totality

01:54 and the market is sending you and I a

01:56 message here regardless of risk in the

01:59 market which is rising and the mmri is

02:03 279 in change right now 279 in change

02:08 what does that mean risk is pretty high

02:11 right now um but the market is shrugging

02:15 it off it just seems to be shrugging it

02:17 off and shrugging it off why it knows

02:20 the FED is on a fixed path understand

02:23 when you're hearing the nonsense from

02:26 the propaganda Ministry the CNBC the

02:28 Bloomberg the Fox Business who are

02:30 trying to convince you that the Federal

02:33 Reserve is your best friend oh they have

02:36 your interest in mind here people

02:38 nothing could possibly be further from

02:40 the truth they are the enemy they are

02:43 Public Enemy Number One they are

02:46 determined to destroy the world economy

02:48 to bring the consumer to its knees

02:50 create slaves to the system so they can

02:52 roll out their new system and that's

02:55 what's going on you all know this we've

02:56 spoken about this for 10 freaking years

02:58 well here we are

03:00 um so when you hear that stuff I mean

03:03 just laugh it off if you have the

03:04 displeasure of watching it um the

03:08 FED um they're going to play their usual

03:10 game that is you know the back and forth

03:14 nonsensical kind of rhetoric but they're

03:17 on a fixed path and the market knows it

03:19 you know it I know it weate cuts are

03:22 coming period again it comes down to a

03:25 liquidity crisis at multiple levels here

03:27 all right we know you and I the fed is

03:30 pulling liquidity out of this Market

03:32 basically

03:33 actually let me put this another way the

03:36 fed's repo program you know what this is

03:39 I've covered this a gazillion times

03:40 where they pass vast vast amounts of

03:44 cash between themselves between itself

03:46 and the major institutions here

03:48 overnight trying to trick the market

03:50 that it's more liquid than it is the Fed

03:52 is pulling that back and you can see

03:55 this just let your fingers do the walk

03:57 and open up a search engine fed's repo

03:59 and and you can see that they are

04:01 scaling back no coincidence people and

04:04 you know this too that war has broken

04:06 out war is expanding and will expand a

04:09 lot more as the FED is

04:12 again uh pulling back from their their

04:14 charade because that's all it is to

04:17 trick the market into think more liquid

04:19 but again what they're doing here war

04:22 war uh again is this mechanism here that

04:27 um demands that more dead be pulled into

04:30 the now there's no other Endeavor on

04:32 this Earth that works like War to create

04:35 a need for borrowed dollars should be

04:38 pretty obvious you know with billions

04:40 for this and tens of billions for that

04:41 in this new Escapade that we have on in

04:44 case you haven't heard the houthis have

04:46 a have actually declared war on the

04:49 United States um and they are forbidding

04:53 any um us ships from entering the Red

04:57 Sea and all that their whole whole thing

04:59 over over there and uh it's not stopping

05:01 the attacks are going on and it's kind

05:03 of an interesting phenomenon to see

05:05 where this is going to go we know where

05:06 it's going to go and uh it's pretty

05:09 obvious to me anyway so just look at

05:13 again the bigger picture the bigger

05:15 picture here is risk is rising in this

05:17 market it's rising pretty fast all right

05:19 the market seems to be shrugging this

05:21 off stock futures are higher this

05:22 morning despite the fact that the

05:24 10-year yield is higher relative

05:25 strength of the dollar is lower as you

05:27 all know there is a compensatory

05:29 mechanism with risk that exists between

05:32 the 10year yield and the US Dollar on a

05:35 relative strength basis this is all

05:36 baked in to the mmri manarino market

05:39 risk indicator Link in the description

05:42 below uh free to everybody who want so

05:45 follow it um anyway so that's what's

05:47 Happening Here Market is uh convinced as

05:50 I am and I'm sure you are most of you

05:53 are some of you don't believe it but

05:54 again you don't understand for those who

05:56 don't realize what's happening it

05:59 becomes difficult for them to understand

06:01 why the fed's going to cut rates in this

06:03 environment where inflation continues to

06:05 rise has the FED has

06:07 no absolutely

06:10 no uh what's the word I'm looking for

06:13 here the federal on should keep

06:14 inflating uh as all central banks do

06:17 because that's where their power resides

06:20 and cutting rates here would allow them

06:22 to do that even more so on the back of

06:24 expanding War which they fund at all we

06:26 don't have the cash for it no developed

06:28 Nation on Earth has a war chest you know

06:30 that so all this funding for war and

06:33 filling gaps and debts and deficits all

06:36 comes from the central banks who are the

06:41 government okay everything else is just

06:43 uh it's just a show can I say that

06:46 YouTube doesn't like certain words out

06:48 here let's look at the market real quick

06:50 as I said Futures are higher 10e yield

06:52 higher the Dollar on a wealth strength

06:54 basis uh lower here crude oil is getting

06:57 a bit higher gold and silver catching a

06:59 bit crypto's doing okay Bitcoin still

07:01 about 51,000 and change that's where we

07:04 stand but in the grand scheme of things

07:06 what does it mean what does this all

07:08 boil down to for you and I here okay

07:11 we've got this covered from every single

07:15 angle and that's the truth here this is

07:17 why we're again betting against the debt

07:19 becoming our own central banks here

07:22 we're not going to stop doing that here

07:24 realizing that do you think here's the

07:27 question of the morning uh do you

07:30 believe that there is the slightest

07:31 chance on Earth off Earth or anywhere

07:35 else that by some miracle an act of God

07:39 is going to take place and Global debt

07:41 is going to start to shrink and the

07:44 power is going to be restored to the

07:46 people here central banks are just going

07:48 to go away like the dodo bird they're

07:51 going to become extinct or do you

07:52 believe that all this is going to get

07:54 monumentally worse moving forward here

07:56 it's greed it's greed and a

08:00 an unquenchable thirst for power bya the

08:05 central banks who are the government now

08:07 of the world that's what they have here

08:09 they're using you and me as a means to

08:12 enrich

08:14 themselves Beyond anyone's wildest

08:17 streams this is going to end very badly

08:19 okay I think this we're pretty clear on

08:21 this for everyone and I mean everyone

08:24 there's going to be no winners here uh

08:27 obviously the one and two percenters

08:28 they're always going to come out ahead

08:29 from a financial standpoint but but as

08:32 as you and I have discussed multiple

08:36 times there is

08:39 um we're all connected here in this

08:42 world um all of us are and when

08:45 something bad is happening in one part

08:46 of the world we all feel it this is why

08:48 I really believe things like for for

08:50 example we just covered recently

08:51 addictions across the board gambling

08:53 addictions drug addictions prescription

08:55 drug addictions children on

08:56 anti-depressants we all feel it you we

08:59 all know there's something wrong it's

09:02 pretty much in our face and you can't

09:04 escape it even if you kind of try to

09:06 disconnect yourself from this um and

09:08 you're living in some kind of a fantasy

09:10 land believing that some kind of Miracle

09:12 is going to happen and this is all going

09:13 to change this is something that's been

09:14 going on since you know the beginning

09:16 since since C en able here okay um and

09:19 people this

09:21 they they're unable to see what's going

09:23 on they're unable to to to take things

09:26 that face value um and again everything

09:29 is just plain hidden in plain sight but

09:32 because they have a false

09:34 belief they can't say it they believe

09:37 that something is going to occur at any

09:40 moment that's going to all of a sudden

09:42 bring them a utopian society or whatever

09:44 it might be can happen people just just

09:47 wake up to reality here and I think

09:50 you'll be a lot better off um honestly

09:54 anyway look like I said we got this

09:55 covered doesn't matter what they do but

09:57 we need to keep our eyes on certain

09:58 things and we need to understand why

10:00 they're occurring for example this

10:02 10year yield rising Rising rising Rising

10:04 bonds selling off what's going on here

10:07 multi-billionaires here CEOs of

10:09 Corporations here Senators selling off

10:12 billions of dollars worth of stock you

10:13 know what that's all about told you

10:15 yesterday um so obvious anyway look with

10:19 that said people look we got this you

10:20 and me and in my view because we got

10:22 each other we got each other's backs we

10:25 um we can't possibly lose all right I

10:27 will see all of you later 4:0 5: p.m.

10:30 Eastern for the live stream I'm looking

10:32 forward to that we'll cover more of this

10:34 stuff then I do want to hear from you

10:35 please comment and well that's it take

10:37 care of yourselves take care of each

10:39 other see you

10:42 later

💫 FAQs about This YouTube Video

1. Why does the market seem virtually unstoppable according to Gregory Manarino?

The market is seen as virtually unstoppable because it keeps going straight up, with minimal pullbacks or corrections, due to the expected rate cuts by the Federal Reserve.

2. What is the reason behind the market's behavior and the belief that the Fed will start cutting rates?

The market behavior and the belief that the Fed will start cutting rates are attributed to the realization that the Fed is likely to cut rates in response to the rising risk in the market and the high MMRIs.

3. How is the market's message perceived in the current situation by Gregory Manarino?

Gregory Manarino perceives the market's message as indicating a rising risk, despite the market's ability to shrug off the higher 10-year yield, due to the Fed's fixed path and the upcoming rate cuts.

4. What does Gregory Manarino suggest about the Fed's intention to cut rates and its effect on the market?

Gregory Manarino suggests that the Fed's intention to cut rates is known and that the market is pricing it in, but he also warns that a possible selloff may occur when the Fed cuts rates, as it is already priced in.

5. How does the current situation in the market affect the outlook on global debt and the power of central banks according to Gregory Manarino?

The current situation in the market, where the Fed is expected to cut rates, will further inflate global debt and enhance the power of central banks, leading to a detrimental outcome, as the power will not be restored to the people.

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