Yes, this is because Democrats are in power now! The companies know the Dems will screw up everyone! The Dems will cause unemployment and people back on welfare roles, and then blame Trump.
The party is over folks. Trade war started on September 19. Market peaked on the September 20th. And rising rates and record deficits by 2021. We have no ammo left to keep this thing afloat.
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Why upbeat investors are counting on the ‘Powell put,’ the ‘Trump put’ and the ‘Xi put’Some investors began 2018 questioning whether a “Powell put” would ensure the Federal Reserve would come to the market’s rescue in the event of a selloff. More than a year later, some Asian investors are putting their faith in a trio of such metaphorical instruments, though they’re not convinced U.S. stocks will challenge all-time highs. putting balls and kicking cans What happened to moral hazards? Lol
Source: MarketWatch - 🏆 3. / 97 Read more »
Fed's Powell again stresses patience as U.S. economy's 'narrative' unfoldsFederal Reserve Chairman Jerome Powell on Thursday stressed again the U.S. centr... How can an economy flourish with the government shut down by a petulant 5 yr old? You want 800,000 federal workers who can’t feed their families to be patient? Right around the corner - he’ll come to get you again. So stay strong Sir!
Source: Reuters - 🏆 2. / 97 Read more »
Fed's Jerome Powell is not bothered by Trump's criticismFed Chair Jerome Powell sits down with David Rubenstein at The Economic Club of Washington to discuss President Trump's comments attacking the Fed, the state of the U.S. economy and what the plan for the Fed is. And he's lying. Probably does what I did long ago....blocked trumps twitter acct....which even blocks retweeted trump tweets. Its brilliant!
Source: CNBC - 🏆 12. / 72 Read more »
Fed chair Powell predicts no recession in 2019The Fed chair said Thursday the economy has 'good momentum' and he doesn't see a major downturn ahead. Maybe Powell ought to have resigned when trump was mad at him. That is, unless realDonaldTrump continues with his Crusade for Maximum Stupidity. will file this for later under freezing cold takes
Source: washingtonpost - 🏆 95. / 72 Read more »
Watch Fed Chairman Powell discuss the economyWatch Federal Reserve Chairman Jerome Powell be interviewed at the Economic Club of Washington, D.C. on Thursday. Powell’s comments come as a flurry of central bank officials have said the Fed can be patient in assessing economic data before making further interest-rate hikes.
Source: MarketWatch - 🏆 3. / 97 Read more »