The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Tuesday, December 25, 2018

The Fed Screws The American People and Trump! La Fed vis le peuple américain et Trump


Image result for federal reserve memes
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.
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.
Image result for federal reserve memes
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.
Image result for stock market memes
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.
Image result for stock market memes
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.
Image result for federal reserve memes
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?Image result for federal reserve memes

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.
Image result for stock market memes

No comments: