Loading ...Bla bla bla, wishful thinking, idiots in high places. I just looked at some intraday Gold miners charts, and they all dropped PRECISLY at the 2:00 PM announcement, just because of WORDS. The insiders, bankers, probably bought the dip for future profits.
So it’s obvious to me the quacks are trying to stimulate the economy using “child psychology” to make people think the economy is so good they can raise rates. These jerks want US consumer prosperity with the situation the way it is.
Dollar still WAY WAY too strong, and still exporting work and jobs, surplus of employees, not enough work, resulting in tax PAYER wages lower TODAY than ever, compared to the $2.50/hr of the 1960s. One worker, unlimited over time, new car, wife home with the kids. $2.50/hr.
People making $3.50/hr were SWIMMING in money. New cars $1800 to $3200. Houses, $8,000 to $18,000.
“according to” and IF is a big word. part:
Most Federal Reserve officials favored raising interest rates at their June meeting when they wrapped up their last meeting in April, according to an account of the central bank’s April monetary policy meeting published Wednesday.
Minutes from the meeting released by the Fed said that “most” participants judged that “it likely would be appropriate” to raise rates in June if job growth continued and economic growth picked up in the second quarter after a slow start to the year.
Obama’s last act is to force suburbs to be less white and wealthy. Hillary’s rumored running mate, Housing Sec Julian Castro is cooking up a scheme to reallocate funding for Sec 8 housing to punish suburbs for being too white and wealthy.