"They Don't Understand" - Trump Slams Fed As PPT Rescue Attempt Fails

Scataphagos

Scataphagos

Rather than ragging on the Fed, Trump should take a pill and explain the real cause of this mess. He isn't doing himself any favor by constantly whining like a little girl.

Like all presidents, Trump wants to "spend like a drunken sailor" with little consequence... and leave the mess for the next guy to clean up. Well, unfortunately, Trump is the "next guy" this time around.

America needs leadership here... not childish whining.

https://www.zerohedge.com/news/2018-12-24/plunge-protection-team-arrives-ramps-nasdaq-green

His behavior on this is wearing a bit thin with me. He's acting like a little kid who's crying because his mom won't give him more candy. (That said, I'd still vote for him before I'd voted for any Lefty/Commie/DemoCrap!)
 
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Here is a pretty interesting model and an explanation from Dec. 3 telling us this new surge would could hurt the market. By the way this is very much the warning that was made by the Austrian School and some of the posters here during the cheap money expansion.

The piper will have to be paid. At the time some of us said the smarter thing to do was let the banks and business fail who had the managers who made short term greedy decisions that wrecked the world economy. Bail out the consumers not the banks. Then we could have rebuilt on a solid foundation.

Now we are rebuilding on sand. This may or may not work out because it was financial engineering.... we don't know how the lucky the Fed will get.



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https://seekingalpha.com/article/4225910-beyond-stock-peaks?page=3



The effects of increasing interest rates are cumulative as added pressure to the stock market. So far, surge 2 and surge 3 partly caused corrections in February and October 2018. If the Fed hikes again in December, the odds of another stock downdraft towards a bear market is becoming more likely.

Recently, rising interest rates are hurting many bonds such as emerging market, corporate and junk. The slides will accelerate with more central bank hikes and liquidity withdrawals.

Higher debt services are detrimental to consumer spending and company earnings.
 
"His behavior on this is wearing a bit thin with me. He's acting like a little kid who's crying because his mom won't give him more candy."
Boom, drop the mic. Support eroding very quickly. Can Trump right the ship? Don't know, but what I do know, it won't be accomplished via twitter.
 
Scataphagos said:
Rather than ragging on the Fed, Trump should take a pill and explain the real cause of this mess. He isn't doing himself any favor by constantly whining like a little girl.

Like all presidents, Trump wants to "spend like a drunken sailor" with little consequence... and leave the mess for the next guy to clean up. Well, unfortunately, Trump is the "next guy" this time around.

America needs leadership here... not childish whining.

https://www.zerohedge.com/news/2018-12-24/plunge-protection-team-arrives-ramps-nasdaq-green

His behavior on this is wearing a bit thin with me. He's acting like a little kid who's crying because his mom won't give him more candy. (That said, I'd still vote for him before I'd voted for any Lefty/Commie/DemoCrap!)
More...
I'm tellin' ya.... his Tweets today.... I dunno. (?)
Something is rattling around in that cage.
 
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