Post
Topic
Board Economics
Re: Rigged markets: Only the FED can save the stock market
by
figmentofmyass
on 28/12/2018, 05:34:07 UTC
Judging by what we've seen in the past few weeks, especially the past few days, the volatility is just crazy.

Also how Trump is publicly taking on the FED is unprecedented in US Presidents history. Is something big about to happen?

no way. trump aides have been confirming the FED chairman's job is safe. trump seems to be backing down; it's a fight he can't win. this is just a dog-and-pony show, a spectacle. trump is just scapegoating like he always does. he constantly makes a spectacle out of blaming others to avoid being blamed for anything (in this case, poor performance in the markets).

the markets have staged a decent recovery so far. i'm guessing that was the climax of FUD for a while.