‘Political Things?’ S&P Rises 100% Of The Time In Presidential ‘Third Years’
Last year, Donald Trump's infallible "gut" told him that his chosen Fed chair was making a policy mistake by not easing off the hawkish lean amid the administration's efforts to turbocharge a late-cycle economy and notch early "victories" in a trade war that is now dragging into its second year.
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Trump’s Infallible ‘Gut’ Is ‘Not Even A Little Bit Happy’ With ‘Jay’ Powell, Ok?!
The ironies in Trump's Fed criticism were manifold. For one thing, it was Trump's own fiscal p
Again, the Fed’s PACE of tightening and the “autopilot” long-way-to-go comments by Powell caused a major problem, created by them, that they were then forced to deal with. Therefore, the “patience” that Powell is talking about. There are arguments to get rid of the Fed, based on the history of doing more harm than good over the years.
You need to do dig a little more deeply into nineteenth-century American economic history.
Your point being?
The tightrope just keeps getting longer and longer……..pretty soon you just miss a step………..then somebody(s) pays.
I guess Trump’s CPAC speech pretty much confirms that Powell is going to remain under fire up through the election.
But, who appointed Powell? none but our stable genius!
The SA