Most of the time I don’t talk about financials or the global economy.
You might have noticed that my blog is about general lifestyle topics, and these ones include everything I live, like, do, think, etc. But economics is kind of boring for some people, that is why I haven’t written about it. That is until now.
We are living interesting times, that’s for sure, when lots of things are changing around us and all over the world.
Today, for starters, I would like to address some monetary issues that concern the stock market and the Federal Reserve.
President Trump and Powell Fed Reserve
One question: If the economy is doing so well, why do the rates have to be cut?
In the meantime, let me quote President Trump:
“They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW” Trump boomed, even though the Fed ended their “ridiculous quantitative tightening” LAST WEEK.
“Three more Central Banks cut rates.” Our problem is not China – We are stronger than ever, money is pouring into the U.S. while China is losing companies by the thousands to other countries, and their currency is under siege – Our problem is a Federal Reserve that is too…..
— Donald J. Trump (@realDonaldTrump) August 7, 2019