STOCK BEARS BEWARE–take profits now and prepare to sell the rally following the China announcement–THAT will be the final top-also PMs will crash setting up the last chance to buy them cheap in our lifetimes-[??]
Trump Administration Asked Top Hedge Fund Investor For Advice How To Halt Market Rout=
The investor was said to tell the official to tell the president to end his criticism of Powell on Twitter, stop administration turnover and reach a trade deal with China in order to help markets.
Confirming once again that all that matters to the current administration is the market, CNBC reports that a high-ranking Trump administration official reached out to at least one notable hedge fund investor for advice on markets after the record Christmas Eve rout, which saw all major US indexes tumble more than 2 percent as rumors swirled that President Donald Trump was contemplating firing Fed Chair Jerome Powell.
It is unclear who the “well known” investor was.