The Markets Won’t Save the Fed From Trump. Investors can’t do what politicians and voters won’t do.
Posted by Sine_Fine_Belli
The Markets Won’t Save the Fed From Trump. Investors can’t do what politicians and voters won’t do.
Posted by Sine_Fine_Belli
2 Comments
TLDR: The markets haven’t panicked yet because Cook hasn’t actually been fired and even if she was its MONTHS, MONTHS! I say before Trump gets to do a critical mass amount of bullshit to set Fed rates at a whim.
Which of course is forever because space time only exists within the current period of quarterly earnings.
After 2009 the market started going up again pretty quickly. It took a long time to recover fully, but if you were out, you missed out on the gains. Meanwhile, the economy was really hurting. My point is 2010 was an economic disaster but stocks did fine.
We get a big drop that’ll suck, but the market panics and pushes, it doesn’t consider carefully.