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Wednesday, May 1, 2019

Omg! Trump wants the Fed to cut the rate by 1%.

https://finance.yahoo.com/news/trump-quantitative-tightening-fed-fomc-balance-sheet-tweet-222837013.html

This is ridiculous unless the US economy is in the danger of collapsing.  Is Trump privy to some economic information that is unavailable to the public and it is telling him that the US economy is collapsing? or the US has been fudging its economic data?

We still believe that the US Fed will not cut the rate on 1 May 2019.

http://sg-stock.blogspot.com/2019/04/will-us-fed-cut-interest-rate-in-may.html

1 comment:

Eric Ho said...

Yes! We're right.

The US Fed didn't cut the rate.