Fed Lacker is out and about trying to destroy the nation this morning, decrying the possibility of an October rate hike.
As we circle jerk down the drain, I am reminded of how the Fed, led by that lunatic Greenspan, kept raising rates in 2006–despite the fact that housing was derailing.
Markets are near session lows, off 50 NASDAQS, coming off the worst quarter for stocks since 2011–and fucking Fed Lacker is making a speech about raising rates NOW.
Please tell me this isn’t happening in real life.
In other news, TWTR is still a retarded corporation, one that was thrusted upon the people by the anti-christ himself.
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Mark my words – The market will rally huge post the rate hike. The USD will selloff post the rate hike. The sooner the better.
A guy on YouTube I follow is saying this is a calculated Fed induced crash to bring back to fair market value because of all the bubbles they created with QE. What you think?
It would just put us back to reality if the underlying issues were not resolved with QE. Given what’s out there, I suspect a repeat of 09?
interesting,… link please ?
https://youtu.be/S3kUKNzkjBQ
https://www.youtube.com/watch?v=S3kUKNzkjBQ
sorry, posted that from phone originally
Fucking TWTR.
Getting ‘told you so’ tweets from shorts.
When you have to bring back the old CEO… It means nobody out there is interested. That doesn’t say much for Twitter. Interesting company but still just Gimmicky Boo-shit
INSANITY & IDIOTS. Let Iran start to export oil but not U.S.? – Raise interest rates while global devaluation is happening? Commodities at 5 & 10 year lows? What inverse world do they live in?
Real trades don’t need the fed to move one way.