Mr P is a big time globalist..once a member of the Carlyle Group. He has no desire to MAGA...globalist par excellence. Globalist do not..I repeat DO NOT want to see America great again. So....they will resort to whatever they have to do to keep the nation down. Mr T ‘s mistake was trusting him as he thought he was the one who WOULD NOT raise the rate.
Meanwhile Drumpf can't go swimming in Palm Beach is because he is stuck in the cold of DC fighting for his nonsense wall. ROFLMAO for real at the fact one of the key parts of federal gubmint affected the most by shutdown is Dept of Homeland Insecurity. Haha. Drumpf: didn't think about that doh!
Sacrifices have to be made to MAGA! So we can give over 10 billion to central and s america to help with infrastructure so their people will stay put but can’t get 5 billion to start on a wall? Guess where that 10 billion will go?
So Fed just let the low interest run and let DJI crash at 30000 or better still 40000 with a bigger thud. Inflation is the big phyton in the cage.
Yep the fed should be completely done away with. They never have, and never will, serve any useful purpose.
50% of S&P500 revenues come from outside the USA, how did you think US corps made all those obscene profits without globalisation? Also AAPL's gross margins wouldn't be anywhere near 60% if Iphones were manufactured in the USA instead of some 3rd world country. Its Trump's attempts to de-globalise the economy thats causing investors to flee, anyone who cannot see this is a fool.
Globalism is a terrible scourge. The sooner the world dispenses with it the better off nations will be and the better off the poor of the world will be.
Yes...quoting conspiracy talking points and saying "ROFLMAO wrong" is exactly the kind of evidence I like in my trading forums I frequent. I think it's very clear you haven't the slightest clue on what the fed does, or their purpose. You have demonstrated a clear lack of ability to recognize economic factors that justified another raise of rates. I am more stupid for reading your posts in this topic. Come back when Breitbart starts teaching economics. Until then, let the big boys talk please.
%% Some said he was going to cut rates or stop raising-until the President tweeted so much LOL. I wish he would have read WSJ/Stanley Drunkenmiller ed-''don't raise rates now '' OH well nothing like a good bear market downtrend LOL.....