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Robert Shiller Says Fed Cuts Send The Wrong Message
If you ask Robert Shiller, cutting rates when the economy doesn't need rate cuts is a risky proposit
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trump playing desperate game, using anything to improve market performance, versus uphold the office of the presidency.
At this point (7.21.19), the S&P500 is up 31% under Mr. Trump – compared to up 63% under Mr. Obama for the same number of market days.
https://www.calculatedriskblog.com/2019/07/by-request-and-just-for-fun-stock.html
The complete and utter pandering by Central banks to the CTA’s and hedge funds demanding negative interest rates, both in europe and now possibly the the USA, was, is, and will be a complete disaster for the average middle class family……as Kevin Muir pointed out so well …..
Not only severely detrimental to middle income families, but to every single person’s pension, because pension funds have to take a lot more risk to attain the same required minimum return. Scandalous and myopic are more appropriate descriptions