You are either asking "et tu Fed" or "are you not entertained?" after today's FOMC.- I'm asking if the proverbial canary just went Tango Uniform.......... Normally, central banks raise interest rates when the economy is overheating.- The FED raised interest rates 0.25% today. Does anyone (including them) even remotely believe the US economy is in danger of overheating? WTF? This is a clue that things are pretty bad, not pretty good.- Bonds, stocks, precious metals all promptly tanked. Not good.- The USD spiked. Not good at all. The FED has formally joined the ranks of the MSM and DNC.- Nothing they say is worth listening to anymore.
Thursday, 15 December 2016
Did the canary just go Tango Uniform?....................from Rico
From Theo Spark at 13:30
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