The market is ripping higher out from the gates this morning, enjoying the aura of last night’s Presidential address to congress — starring Donald John Trump. In it, he proposed many things, most of which has been dicusssd in these hallowed halls. The one thing he didn’t do, which was hoped for by many on the left, was chimp out and cast aspersions, talk greasy about one of his many enemies.
That’s all the market needed to see, a consensus opinion that is strong and bold around the President’s proposed policies.
On that news, basic material stocks are exploding to the upside, as predicted, by Exodus.
Simultaneously, the devils at the Fed are looking to hike again in March. The chances of a March hike are now nearing 70%.
Who the fuck do they think they are? Clearly, it’s antithetical to the views of the President, and the tenets of economics, to hike rates into a weak economy. Yeah, I know, America is great again; but we need to finance these proposals first in order to stoke growth. What the Fed is doing, essentially, is treasonous — purposely attempting to derail the real recovery before it even happens.
Explain to me why we should hike rates after seeing horrendous retail sales from just about every mall operator, including $TGT? GDP is still sub 2% and zero of Trump’s stimulative policies have been enacted.
ARREST JANET YELLEN NOW. We cannot afford her shenanigans any longer.
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No way they hike this month. As long as the market acts like they’re going to, they/we win.
I am a billionaire and I’m sure you are too, therefore I suggest we bet a cool $325 million on whether the Fed hikes in March or not. I will take the “yes” side of things and you will take the losing side.
I didn’t know Art Cashin was Jewish?
EVeryone is Jewish
The Marinator is not but Rod Carew was.
Gundlach is correct, Tepper is wrong. Stay on the ark. They won’t raise.
Maybe, but wow is TLT getting torched today
I truly believe your comment is fake news, so I clicked the fake news button. I mean no offense.
Honorable Fly, from my readings I came across this discussion of the former President and Congress put in a HARD stop for the deficit at $20 Trillion. This is literally just weeks away.
I expect there to be another threat of government shutdown, what say you? A possible reason for minor correction to high speed train trip to the holy grail?
No way
He talked about $1T in new infrastructure spending, spent more time on inner cities than religious tests and floated an idea about amnesty.
Crazy that it took the Republican party to elect a liberal president in this country.
This is actually humorous. Keynes would be thrilled.
To quote the Psychedelic Furs… Talk Talk Talk
Where’s ShowTime?
OMG
Bannon is using AI and big data to sway the masses. Holy shit. https://www.theguardian.com/politics/2017/feb/26/robert-mercer-breitbart-war-on-media-steve-bannon-donald-trump-nigel-farage
Give us a break bunny slope. One check and balance vs the globalists/MSM/soros funded orgs… I know you Libtards are hyperventilating.. breathe, its going to be ok.
I believe they hike if there is indication trumps budget and promises will be approved. If not they wait.
The banks, who rule this nation since 1913, will get theirs before the nation gets anything and banks are licking their chops.