So said Trump regarding the FOMC in a tweet this morning.
This is because the Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed Interest rate way to high, added to ridiculous quantitative tightening! They don’t have a clue! https://t.co/0CpnUzJqB9
With oil and gas having tanked noticeably over the past six weeks, we’ll soon find out how low inflation has sunk. In the meantime, the possibility of Fed easing is fueling a continuing meltup — with the futures currently indicating a 17-pt gain.
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