The why behind Trump wanting a Fed rate cut: Treason

Gray's Economy ^ | 5/6/19 | Michael Gray

[mgray]

Why is President Trump calling on the Federal Reserve to cut the rate by a full percentage point, despite the robust jobs number for April and the strong GDP report last week?

Wall Street and most economists can’t rationalize the demand and feel if the good data continues the next move by Jerome Powell may be to raise rates.

What the “experts” are missing in the equation is the unprecedented events that will take place in the second quarter of this year well outside of the economy.

What will investors do when the top intelligence officials from the Obama administration are indicted for spying on the incoming president? What does the Dow do when treason and/or sedition charges are brought against Democrats, some of whom are running for the 2020 presidential nomination?

These are such one-off events that no one can predict the financial impact to the markets.

[BlueMondaySkipper]

“Keep telling yourself that is going to happen, if it makes you feel better. But it never will actually happen. The gopE is fine with how things are and they will allow this POTUS harassment to continue until a establishment POTUS is back in office. The more things progress, the more the establishment, deep state or whatever you want to call them, gain complete control of us all. They control the media, the schools, the government safety net and for the most part elections. Any chance we ever had of stopping them has long since passed. ”

What was that term from back in the day?

Oh yea, Nattering Nabobs of negativism.

[Bommer]

What will investors do when the top intelligence officials from the Obama administration are indicted for spying on the incoming president? What does the Dow do when treason and/or sedition charges are brought against Democrats, some of whom are running for the 2020 presidential nomination?

Lots of rejoicing I'll bet. None of there assholes had anything to do with the market rising, and none are longer in power. They had everything to do with crashing economies.If anything it gives certainty that 2020 is in the bag for Trump and nothing will change.

[yldstrk]

The Market will sky rocket.

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Yes

[mgray]

Thank you for the greeting

[mgray]

Thanks for the welcome.

For the record I am the Sunday Business Editor at The New York Post. Gray’s Economy is my personal blog with over five years of content.