In this report, I review what happened yesterday in the financial markets after the publication of the U.S. jobs data.
I look at the reaction by policymakers at the Federal Reserve and the Trump administration and how unusual things seem to be in a world where the statistics and the stock market are pointing to everything in the economy is great. It seems that in spite of what is termed as a Goldilocks Economy the monetary and economic authorities are still pushing for lower interest rates.
From my experience in the markets and studying the economy for over thirty years my instincts tell me that the economy and the markets are built on a foundation of sand and that things are much more fragile than they seem.
Back in the 1990s or even in the early 2000s the current economic and market conditions would warrant much higher interest rates than we have now and would certainly not warrant even more accommodative monetary policy.
My conclusion is that the unprecedented actions of the Central Bankers and governments after the 2008 Crisis have taken us on a perilous monetary and economic course.
Use promo code maneco64 to get a 0.5% discount on gold and silver bullion purchases at https://www.goldinvestments.co.uk/
Support the channel:
maneco64 store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XgCTCWb
BAT Currency: Uphold a/c name maneco
"The Fed Has Lost Control...": https://www.zerohedge.com/news/2019-05-03/fed-has-lost-control-rates-technical-tweak-fails
"Try Claiming America is Booming..,": https://www.zerohedge.com/news/2019-05-03/try-claiming-america-booming-after-reading-these-19-facts-about-our-current
▶️ DTube
▶️ IPFS
Your Dash address is incorrect.