JEREMY SIEGEL: How do we have 3.2 million new workers and GDP going down?

His name is Jeremy Siegel.  Wikipedia explains,

Jeremy James Siegel is the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, Pennsylvania. Siegel comments extensively on the economy and financial markets. He appears regularly on networks including CNN, CNBC and NPR, and writes regular columns for Kiplinger's Personal Finance and Yahoo! Finance. Siegel's paradox is named after him.

Great market rant about the lack of any good questions being asked of Fed Chairman J Powell by the financial "journalists".

🔊🔥 pic.twitter.com/gfXkXoJWEI

— Wall Street Silver (@WallStreetSilv) September 24, 2022

At his press conference, he said "We have to get real rates in the positive territory."

There are real rates.  For evert maturity.  For the first time in years, we're already there.  

I thought it was the most uninformative . . . and no one was asking him the hard questions.  

How do we have 3.2 million new workers and GDP going down?  

What's the record decline in the money supply mean?  

What does the collapse of commodity prices mean?  

What is the lag construction of these housing indicators that are 40% of core inflation?  Are going to filter through inflation for the next 12 to 15 months . . . . 

He's looking at 3-month annualized core inflation that is a lag, while we all look at market . . . I mean what is a stock market doing?  It looks at market-oriented data, and that's what the Fed should be looking at.  We're gonna be real tough guys until we crush the economy.