Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
nstrdms
on 03/03/2020, 16:21:47 UTC
“ “The Fed is being called into action, and we expect a [half of a percentage point] cut at the upcoming March 18 meeting,” Bank of America Global Research said in a note before the Fed announcement. “An emergency cut by the Fed prior to the meeting is possible — it will depend on the extent of market dysfunction.””

https://www.politico.com/amp/news/2020/02/28/interest-rate-cut-federal-reserve-118207

Article listed at 02/28/2020 02:43 PM EST


Armstrong claims to have predicted the rate cut. Compare the date of the politico article above and Armstrong’s “prediction”

“ We warned on the weekend that Socrates had pinpointed this week and then the week of March 23 for actions by the Fed”

“Will There be Coordinated Central Bank Action This Week?”
Posted Mar 1, 2020 by Martin Armstrong