https://www.youtube.com/watch?v=thqIW6a3iig
Thursday, December 27, 2018
Wednesday, December 26, 2018
Tuesday, December 25, 2018
The Fed Screws The American People and Trump! La Fed vis le peuple américain et Trump
Reader comment: I agree with Greg, something is about to blow. Treasury secretary and his plunge protection team knows several major banks are in trouble. Debt can’t be repaid so perhaps a reset. Just know that our assets will probably be cut in half...........T
All of the economic numbers tell us that the economy is slowing down, and Fed Chair Jerome Powell even admitted that economic conditions are “softening”, but the Federal Reserve raised interest rates anyway. As one top economist put it, raising rates as we head into an economic downturn is “economic malpractice”. (Your Watchman would say suicide, remember, the Fed made the Great Depression worse! The fundamental rule of the stock market is when interest rates rise the market will go down and vice versa) They know that higher rates will slow down the economy even more, but it isn’t as if the Fed was divided on this move. In fact, it was a unanimous vote to raise rates. They clearly have an agenda, and that agenda is definitely not about helping the American people.
All of the economic numbers tell us that the economy is slowing down, and Fed Chair Jerome Powell even admitted that economic conditions are “softening”, but the Federal Reserve raised interest rates anyway. As one top economist put it, raising rates as we head into an economic downturn is “economic malpractice”. (Your Watchman would say suicide, remember, the Fed made the Great Depression worse! The fundamental rule of the stock market is when interest rates rise the market will go down and vice versa) They know that higher rates will slow down the economy even more, but it isn’t as if the Fed was divided on this move. In fact, it was a unanimous vote to raise rates. They clearly have an agenda, and that agenda is definitely not about helping the American people.
Early on Wednesday, 19 December
2018 Wall Street seemed to believe that the Federal Reserve would do the right
thing, and the Dow was up nearly 400 points. But then the announcement
came, and the market began sinking dramatically.
The Dow Jones Industrial Average lost 720 points in just
two hours, and the Dow ended the day down a total of 351
points. This is the lowest that the Dow has been all year, 60 percent of
the stocks listed on the S&P 500 are in bear market territory, and at this
point approximately four
trillion dollars of stock market wealth has been wiped out. (Watchman comment, the stock market is a rigged game and ordinary, average Americans should not participate in it. You can't beat the house, hedge fund managers, crooks and algorithm computers.)
We
haven’t seen anything like this since the last financial crisis. This is officially the worst quarter
for the stock market since the fourth quarter of 2008, and it is the worst
December that Wall Street has experienced since 1931.
It is insanity to raise interest rates when stocks are already crashing,
but the Federal Reserve did it anyway.
They
knew what kind of reaction this would cause on Wall Street and in other global
markets, but that didn’t stop them. The financial world is in utter
turmoil, and this move by the Fed has definitely added fuel to the fire.
The globalists and Illuminati hate
Trump so much they want a stock market crash.
Some
are suggesting that the reason why the vote was unanimous was because they
wanted to send a “strong signal” to President Trump. He has been
extremely critical of the Federal Reserve in recent weeks, and this could be a
way for the Fed to show Trump who is really in charge.
They
are calling this “the Trump economy”, but that is simply not true. And
when Barack Obama was in the White House, it wasn’t “the Obama economy”
either. Ultimately,
it is the New World Order Federal Reserve that is running the economy, and they
fiercely guard their illegal independence and their authority.
President
Trump knows that the only way that he is going to win in 2020 is if the economy
is doing well, and he also understands that higher interest rates will slow the
economy down.
The Federal Reserve has a tremendous
amount of political power in their hands.
During the Obama era, the Fed pushed
interest rates all the way to the floor and kept them there for many years.
But now the Federal Reserve has raised
interest rates seven times since
Donald Trump took office, and four of those rate hikes have been under current
Fed Chair Jerome Powell.
Needless
to say, it certainly doesn’t take a lot of imagination to figure out how Donald
Trump is feeling about Powell at this moment.
Meanwhile,
we continue to get more indications that the U.S. economy is heading for
difficult times. Just consider the following news about FedEx…
FedEx
shares are plunging after what Morgan Stanley called a “jarring” cut to its
annual forecasts, suggesting global growth is slowing far more than most expect
– in fact, the bank hinted at the possibility of a “severe
recession” unfolding – and prompting expectations of an
“uber-dovish hike” by the Fed.
The global logistics bellwether
slashed its outlook just three months after raising
the view, reflecting an unexpected and abrupt change in
the company’s view of the global economy amid rising trade tensions between the
U.S. and China. Not only were the cuts were deeper than the Street expected
according to Morgan Stanley analyst Ravi Shanker, but everyone is pointing
to the following comment from the press release: “Global
trade has slowed in recent months and leading indicators point to ongoing
deceleration in global trade near-term.”
To
see the term “severe recession” used in such a context is more than just a
little bit alarming.
The last time the U.S. economy
went through a recession, millions of Americans lost their jobs and we saw a
wave of mortgage defaults unlike anything we had ever seen before in modern
American history.
Are we about to go through
something similar?
Investors now want big
corporations to focus on paying down their debts instead of buying back shares
of stock…
Stock buybacks are one of the only
things that has been propping up the stock market. The only way for the
bubble to continue is for corporations to go into dizzying amounts of debt in
order to fund massive stock buybacks, because the Federal Reserve clearly does
not intend to support the markets right now.
At least for the short-term, the
Federal Reserve could have calmed the markets and encouraged economic activity
by leaving interest rates alone.
