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Wed Aug 14, 2019, 07:13 PM

Trump hits Fed over 'crazy inverted yield curve' as stocks fall

President Donald Trump called Federal Reserve Chairman Jerome Powell “clueless” and blamed his policies for signs in the bond markets that a recession is looming.

The president tried to deflect criticism that his trade war with China is harming the economic outlook, as stock markets tumble and bond yields show signs of an impending global slowdown.

“China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast,” Trump said in a series of tweets on Wednesday.

He repeated his criticism that the U.S. is being harmed by the Fed not lowering interest rates quickly enough relative to other countries.

https://www.msn.com/en-us/money/markets/trump-rips-fed-over-inverted-yield-curve-as-stocks-tank/ar-AAFOczo

Hey Donny Dotard, you claim the economy is booming. You don't lower interest rates in boom time.

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Reply Trump hits Fed over 'crazy inverted yield curve' as stocks fall (Original post)
Yo_Mama_Been_Loggin Aug 14 OP
empedocles Aug 14 #1
lame54 Aug 14 #2
IphengeniaBlumgarten Aug 14 #3
C_U_L8R Aug 14 #4
Indykatie Aug 14 #5
Xolodno Aug 14 #6

Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 07:16 PM

1. Beyond stupid. Fed cannot affect bond rates in any constructive way here.

Actually lower bond rates could be a good thing - make constructive investments more available/cheaper.

The inverted yield indicator, is just an indicator - that investors are not confident in a trump future.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 07:17 PM

2. Glad he hires only the best people...

Trump's one-way loyalty

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 07:18 PM

3. Didn't the rate cut that he bullied the Fed to do help cause this? nt

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 07:30 PM

4. A lifetime of flunking economics.

Bankrupt Donnie is simply too ignorant to figure this out. Duh.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 11:38 PM

5. Trump is Just Setting Up The Fed To Take the Blame When the Economy Continues to Tank

His rube followers will believe it hook, line and center and accept that his bone headed tariffs are not the problem.

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Response to Yo_Mama_Been_Loggin (Original post)

Wed Aug 14, 2019, 11:42 PM

6. $20 bucks says he didn't even have a clue as to what it was....

...until somebody told him it was a bad omen.

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