Posted on 08/05/2024 5:58:57 AM PDT by C210N
According to @CryptoMichNL, the Federal Reserve (FED) is holding an emergency meeting today following a historic correction in Japan's stock markets. This significant market event could potentially impact global financial markets, including the cryptocurrency sector. (Source)
Corrected headline: FED holds emergency campaign meeting to determine best course of action to aid Harris election chances.”
Print and inject even more fake money! This incredible stock market hasn’t begun to see all of its glorious height!
This is what zero carbon emissions (aka: GREEN) does to the world. And it’s on purpose.
empty the oil reserve!
oh wait.... Biden already emptied that
*sigh*
DJIA Futures down 1300 (3.25%) this morning. S&P 500 Futures down 235.5 (4.3%).
These azzholes should just go on vacation for the year.
Every damn time one of them makes a public statement, the market goes down.
Shut the hell up and go away.
Markets are already pricing in a 25 basis point drop in the prime lending rate. Expect a short-term jump in the markets. This is like Hunter smoking a final bowl of crack before he’s sent to prison.
i knew this was coming after Warren was yelling for a rate cut days ago as the market was cratering.
They have to do something to stem sell off with the election so close
We’re saved!!!!!!
The Fed is only upset this happened too soon. This was supposed to happen AFTER Trump got elected.
Hunter sent to prison!?! Ha ha, that’s a good one!!!
Ya Buffet sold off a crap ton of stocks, he was all in on expecting this
Eggzactly.
Or they’re cashing out, going to take the money and run one step ahead of the posse...
Leaving Trump a ship of state that’s a wrecked, smoking hulk.
Buckle up, boys and girls, because if that’s the plan, likely a lot of us won’t like what Trump will have to do to right it.
Then it will be time to put what’s left of our money where our mouths are.
Bidenomics and Kamaleconomy has finally kicked in with their failed domestic and foreign policies!
Thanks for the reminder. Going out right now and filling my gas tank.
Good article here summing up what is going on in America and world-wide:
From Biden to Bonds: Unmasking a Template of Lies
By Matthew Piepenburg - August 4, 2024
https://vongreyerz.gold/from-biden-to-bonds-unmasking-a-template-of-lies
Yes, he’s a Goldbug, so ignore the pitch at the end. At your peril? ;)
This is all about ramping up a call for interest rate cuts even though we’re still in an inflationary environment.
Japan Enters Its Death Spiral
This Is Why Stocks Are Tanking Everywhere
Cheap debt (partially supplied via the yen carry trade ) has made the Everything Bubble possible. Close down this source of funds and everything from office buildings to US banks to AI stocks will be hit hard. And — since fixing this problem will simply blow up other parts of the leveraged speculating universe — there is no solution, only a choice of crises.
Welcome to the end of the fiat currency experiment.
https://rubino.substack.com/p/japan-enters-its-death-spiral
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