Fed Speech DESPERATE To Contain Market SELL OFF! December Rate Hike Still Highly Likely!

in #money5 years ago


The Fed is clearly desperate. Knowing that interest rates are still very low, they have been trying to maintain a position that there’s still a lot of room for more hikes. But it was clear from today’s meeting that December might be the last hike in this cycle. How embarrassing. It’s truly the weakest, yet longest bull market we have seen, and it doesn’t even have a leg to stand on. Unfortunately for investors, this will not end well.

Speech by Chairman Powell on the Federal Reserve's framework for monitoring financial stability
https://www.federalreserve.gov/newsevents/speech/files/powell20181128a.pdf
Powell says Fed will keep gradually hiking rates - BNN Bloomberg
https://www.bnnbloomberg.ca/powell-says-fed-will-keep-gradually-hiking-rates-1.1147087
Dow posts biggest rally in eight months after Powell signals rates are near neutral
https://www.cnbc.com/2018/11/28/stock-market-wall-street-looks-to-fed-chair-speech-and-trade-news.html
Here's the buyout GM offered before announcing 14,000 job cuts
https://www.cnbc.com/2018/11/28/heres-the-buyout-gm-offered-before-announcing-14000-job-cuts.html
Social Security COLA Increase for 2019
https://www.aarp.org/retirement/social-security/info-2018/new-cola-benefit-2019.html


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I can’t wait until they start hanging these RATS 🐀 ❗️

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