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The 'not dovish enough' comments from Fed Chair Powell has sent the markets tumbling.
.DJI: Dow Jones Industrial Average - Stock Quote and News - CNBC
The Fed Res Bank, (which has nothing to do with the government) sets the policies of currency. What Obama did with Janet Yellow was despicable, by allowing QE forever to print 4.5 trillion dollars of debt, that didnt get added to Obama's debt, but still was FAUX money created out of nothing, no products or services, just thin air. This was to Make the 1/2 white faggot look good because if there wasn't all this FREE money injected into Obama's stock market his economy would look worse than it did in 1934. So now the FED, who has to collect all that FAUX dollars, is raising interest rates, and now that FREE MONEY is going poof....WOW...the DOW dropped over 800 points in less then 90 minutes.
Anyone still doubt that the Fed is running the show?
You can thank Obama, for what is happening now...“Zero interest rates and quantitative easing are the time bomb that’s really ticking,” said Stephen Roach, a senior fellow at Yale University and former chairman of Morgan Stanley, during a panel discussion last week. “That worries me a lot.”
Quantitative easing, usually shortened to QE, has also been referred to as “printing money” or “monetizing the debt.” The process injects a pre-determined amount of money into the marketplace by purchasing government bonds from commercial banks, generally with electronic funds.
When will you blame Trump?
.DJI
Timeperiod .DJI Returns
5 Day -4.91%
1 Month -6.77%
3 Months -11.67%
YTD -5.65%
1 Year -5.78%
/---/ I agree 100% but to put things in perspective, the DOW dropped 1.5%WOW...the DOW dropped over 800 points in less then 90 minutes.
Anyone still seriously doubt that the Fed is running the show?
/----/ Last week I bought Bear ETFs for the S&P 500, Russell 500 and for Tech stocks.The 'not dovish enough' comments from Fed Chair Powell has sent the markets tumbling.
.DJI: Dow Jones Industrial Average - Stock Quote and News - CNBC
