If you understood finance, interest rates and econ
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Posted On: 01/03/2019 6:41:34 PM
Re: wowhappens28 #17341
If you understood finance, interest rates and economic history you would know that the FED did what it needed to do to avert another Great Depression.
Of course low interest rates are used to dig out of recessions and depressions, it's a reliabley effective tool. That it drives stocks, new home building and buying and plumps 401K's and new job creation are intended consequences.
Trump's trade wars and a debt busting tax cut whose powder is spent are bringing on at least a temporary bear market.
Apple no likey any of it.
Obummer, NWO, yawn. Try assigning responsibility where it rightfully belongs, on Trump's economic illiteracy and totally inadequate shoulders.
Of course low interest rates are used to dig out of recessions and depressions, it's a reliabley effective tool. That it drives stocks, new home building and buying and plumps 401K's and new job creation are intended consequences.
Trump's trade wars and a debt busting tax cut whose powder is spent are bringing on at least a temporary bear market.
Apple no likey any of it.
Obummer, NWO, yawn. Try assigning responsibility where it rightfully belongs, on Trump's economic illiteracy and totally inadequate shoulders.
Quote:
hawks, we just witnessed the biggest pump and dump market since 1929/30's. The market was pumped to unrealistic levels under Obama by interest rates below the real rate of inflation, so of course, stocks look better.
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