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RE: Will The Fed Ever Tighten Again?

in Threespeak4 years ago

The problem I see is that Powell tried to tighten back in 2018 and the markets rejected it. I don't think they can tighten again anytime soon. If you haven't noticed, congress and wallstreet just keeps on asking for more money back. I think it is a lost cause given that they have no other tools left. Right now it is only faith keeping up the markets and the economy intact.

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The truth is the economy couldn't take the tightening and the markets knew it. In spite of the rhetoric from Trump, the economy wasn't on firm footing. We are now seeing how precarious things were.

It seems like we have convinced ourselves that 3% growth is roaring.

The Fed is truly screwed.

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