Loading ...From what I heard they raised interest a tiny bit and the carry trade give mes with no interest had a meltdown and I think it reversed which stoped the panic. Question is would they do it again, I checked the Vix, it did move today. Powell also spoke about a likely recession coming today, I posted it. Michael Pento was right when asked if they spoke of lowering interest rates if the market would go up but he said it will probably go down. It would signal troubling times but thinks lowering rates is wrong as far as bringing back inflation to the likes we never seen and I agree, we already have inflation people are struggling with what do they want a recession and inflation, stagflation but worse with these lunatics in office. That once he gets started he’ll probably keep going. At some point with inflation out of control even raising interest rates won’t help. No body’s gonna believe he can fix things anymore. What ever is happening with rates well be the last to know so watching the Vix will help. I didn’t check them all but some food related or agriculture stocks moved up too. I didn’t check ammo lol but should.
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