@Mindwbw@Crypto_Doug@daesr1
Big reason why market is up?
Fed will move to cut rates to help Biden win,
and keep Powell's job secure
or Trump will appoint a puppet and yes man,
who bends to Trump, Kushner & Kudlow's policy directions
Win Win for markets either way
Why else?
@Mindwbw@Crypto_Doug@daesr1
Big reason why market is up?
Fed will move to cut rates to help Biden win,
and keep Powell's job secure
or Trump will appoint a puppet and yes man,
who bends to Trump, Kushner & Kudlow's policy directions
Win Win for markets either way
Why else?
@Mindwbw Surprised market is not down
PCE still an issue for Powell & Fed
Trump openly discussing POTUS's role in knowing Fed's moves ahead of time to jointly coordinate
Will Congress balk at Fed appointment?
Powell will not be Chair next year if Trump elected,
so, Expect rates cuts
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