China trade war is a bigger issue than the Fed, UBS economist says

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UBS' Seth Carpenter says that the China trade war is weighing more on the markets than Fed policy. He said he doesn't think the Fed is 'so clueless' to damage the economy by raising interest rates again if they don't have to.

 

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Fed Chairman is clueless and careless. Previous one was better by miles.

No one points out that interest rates need to come up to prevent another 2008. The stock market is over-valued and NEEDS to come down. This hurts your 401K now, yes, but do you still want that 401K to be worth anything in 20 years? Do you want your kids to have jobs?

The Fed wants to stop Trump from being re-elected 2020 by inducing a recession. Their interest-setting monopoly should be stopped.

high ratings of China's industrial activities are artificially created myth 2019 vs USA

I’d say the Fed attacked the market pretty well already.

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