Trump itching to fire the fed

Discussion in 'Politics' started by Here4money, Dec 22, 2018.

  1. His left eye is looking at you.
     
    #11     Dec 22, 2018
  2. schweiz

    schweiz

    In the meantime Trump promised to withdraw all US soldiers out of Syria, just like Putin asked.
     
    #12     Dec 22, 2018
  3. Here4money

    Here4money

    I drink my coffee with a touch of radium to build up tolerance
     
    #13     Dec 22, 2018
    fordewind likes this.
  4. Defenitely having something on Trump.
     
    #14     Dec 22, 2018
  5. gkishot

    gkishot

    Markets react negatively to Powell. Fact.
     
    #15     Dec 22, 2018
  6. Aliens took over Russia.Trump got infected form the handshake with Putin, now the US is also done.
     
    #16     Dec 22, 2018
  7. As you may have noticed he didn`t want to shake hamnds second time around.
     
    #17     Dec 22, 2018
  8. Here4money

    Here4money

    Wait until you see how the markets react on Monday if this rhetoric keeps up.

    https://www.cnbc.com/2018/12/22/wal...madness-on-possibly-firing-jerome-powell.html
    Wall Street’s view on Trump’s talk of firing Fed Chair Jerome Powell: ‘Utter madness’
    • Late Friday, Bloomberg News, citing four unnamed sources, reported that Trump has discussed firing the central bank head.
    • With the Fed embarked on a campaign to tighten monetary policy, the president has repeatedly attacked Powell.
    • In an email to CNBC, Greg Valliere, chief global strategist at Horizon Investments, branded the idea as “insane” and “utter madness.”
     
    #18     Dec 22, 2018
  9. Overnight

    Overnight

    And the shitty thing about this is, inherently I think I know how the markets will react, so I should go short short short an equity index tomorrow night at 6PM sharp. So what is it my brain that is not convincing me that this is what the markets will do (go down)?

    I've been battling this all year, thinking that I thought I KNEW what the market would do, when it kept doing the complete opposite. Like this trade war thing. It has been simmering all year, but the markets kept going up. Now all of a sudden in October the markets decide "Gee, maybe it is for real?" Well, duh, it has been for real ever since those first tariffs on steel were announced early in the year.
     
    #19     Dec 22, 2018
    Here4money likes this.
  10. newwurldmn

    newwurldmn

    He looking to blame someone if the stock market sells off 25percent (which is not unreasonable for a recession).
     
    #20     Dec 22, 2018