Another 'day 2' of the monthly FOMC. Having painted itself into a corner, the FED cuts rates while ignoring the biggest liquidity crisis in a decade...primes the funny money printing machines instead of 'fixing' the problem they created. Bonds, Stocks, and Bullion all yell BOHICA! as they take it up the ass, forgetting to say 'thank you' or to ask if they may have another. I've said it many times before, these people (creatures of a privately-owned, for-profit, bank) are not your friend America.- Trump is correct to channel his inner Andy Jackson today. PS - Being more like EUrope and their ECB is not really a good idea, boys.
Thursday, 19 September 2019
FOMC: Great play, Shakespeare!.................from Rico
From Theo Spark at 07:58
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