ES Journal - 2019/2020

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themickey said:
Alert alert alert!
Seeing big dark clouds looming, not including gold or oil.
The wind may hold it at bay for a day or two.....could get the typical blowoff top to fool everyone.
Get out the wellies make sure there are no spiders inside as you may be needing.
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Poetic.

I tend to agree Mick. Why did Powell make it a point to say he wasn't raising rates in 2019? From two to zero? Hmmm.

There must be something they see. By all rights he should have left at least one hike on the table. I mean come on, all you hear about is how great everything is. That's when you need to raise rates right? Get more dry powder for the next downturn.

I'm no economist, but his about face should be getting more press from the "experts". Something's got him spooked. But again... I'm no economist.
 
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