Fed Minutes Detail Case For Patience, Desire To End QT, December Selloff Discussion, Inflation Outlook
"Almost all participants thought that it would be desirable to announce before too long a plan to stop reducing the Federal Reserve’s asset holdings later this year."
What is the sound of one Powell hand clapping? Trick question: he has no free hand – they’re both occupied! One’s operating the CB Ponzi, Inc. printing press, the other is glad-handing Scummotrump’s plutocrat ham fist.
Seriously – does anybody believe that an authentic “roaring economy” can become a fake GDP free-money almsman in less than 3 months? And that there is NOT a trumpCrash coming in a matter of weeks, if not months (China’s trillion$ of “Peoples'” treasury notwithstanding?
No crash! I forbids it!. By Presidooshall Decree! Solid growth forever. Up up and away! ‘Murica! The best stock market ever!
What he said.