Beware of accidents!
Plus you have the possibility of intentional collapsing of the economy to undermine Trump.
Beware of accidents!
Plus you have the possibility of intentional collapsing of the economy to undermine Trump.
I sure would like to see gold bust right through $1230 and never look back.
Shares look good again after a one day pause.
Mr. Copper – I guess it tells us that at 3% rates are too high? 🙂
Ipso – I guess the SM is going to tell Powell when it’s time for him to pause. I don’t think he’ll let the SM go since it is clearly the most important thing on planet earth. 🙂
Absolutely no regard for people that produce oil. They said it’s like a tax cut for consumers. Would they ever boast about crashing real estate prices? Like a big tax cut? Look how producers of metals are always getting screwed. Why don’ t they brag about that? “Fabricators will benefit with lower costs” but screwing the producer never mentioned.
Guy on CNBC brought up a good point. The  stock market has never gone into bear market with rates this low. Now what does that tell ya?
Powell is playing “Jenga” with the economy. Will one more tile pulled-quarter point rise collapse the whole shebang? Stay tuned.
Could be a decent open for the good guys …