The Fed lost control

[oak333]

Gundlach:

----yield curve inversion
----rate cuts will not stop recession
----Fed policy is inconsistent, changing from meeting to meeting
----markets have reached their peaks before and now are going down
----own gold

[oak333]

Gundlach:

----yield curve inversion
----rate cuts will not stop recession
----Fed policy is inconsistent, changing from meeting to meeting
----markets have reached their peaks before and now are going down
----own gold

Here is the link:

https://articles2.marketrealist.com/...eed&yptr=yahoo

[everything1]

They lost control a long time ago now.

[Silver and Gold]

Said best


Gerald Celente Publisher, The Trends Journal
The global economy is about to collapse into a depression worse than that of the 1930s, and its roots are deeper than trade wars, this according to Gerald Celente, publisher of The Trends Journal.
“It’s one big scam, it’s ready to blow apart, it has almost nothing to do with trade wars and tariffs,” Celente told Kitco News.
The “Greatest Depression,” as Celente calls it, will likely strike after the 2020 presidential election, he said.

[redraspberry]

Gold standard will end the FED.

[Silver and Gold]

Fed will get Trump off their back as they will send the already declining economy into a deeper tail spin. Good bye Trump come the election ( As he gets blamed) then its back to business as usual ( Dems and Fed) without trump and his tweets.


The Fed didn’t need to cut rates in July, Kansas City Fed president says


Fed’s Harker doesn’t see need for another rate cut, says central bank should stay here ‘for a while’



These idiots should have never raised rates in the first place but they had no choice as they will try to save pensions from blowing up but won't succeed at it. They are trapped

[Silver and Gold]

Manufacturing sector contracts for the first time in nearly a decade

The U.S. manufacturing PMI (purchasing managers index) was 49.9 in August, below the neutral 50.0 threshold for the first time since September 2009, according to IHS Markit.
New orders received by manufacturers dropped the most in 10 years, while the data also showed export sales tanked to the lowest level since August 2009, the data show.

https://www.cnbc.com/2019/08/22/manu...hs-markit.html



The only thing propping up the U.S stock market is the world economies are in worse shape so their money is coming into the U.S markets ( Best looking horse on the way to the glue factory for now)

[Chump Change]

I'll still ask:
How can any of us know, for certain, that any of this data is any more correct, than the news on CNN was, last night?


we don't, and there are a few here, me included, who believe it's much worse than reported

[oak333]

Larry Summers: central planners are impotent. They
cannot save the world from the doom.

https://www.zerohedge.com/news/2019-...s-are-impotent

[Markpti]

Fed will get Trump off their back as they will send the already declining economy into a deeper tail spin. Good bye Trump come the election ( As he gets blamed) then its back to business as usual ( Dems and Fed) without trump and his tweets.


The Fed didn’t need to cut rates in July, Kansas City Fed president says


Fed’s Harker doesn’t see need for another rate cut, says central bank should stay here ‘for a while’



These idiots should have never raised rates in the first place but they had no choice as they will try to save pensions from blowing up but won't succeed at it. They are trapped

Somehow, this seems to be an argument between "the market" and the FED. (Well, at least the market reflected in equities values). President's always want a monetary policy that helps their narrative and elections. Well, mostly. Reagan sat back and swallowed Volcker's interest rate heights as he knew the economic situation was beyond the pale.

I might be wrong or it may be insignificant, but I'd feel "better" if I "knew" that Fed rates were equivalent to rates the broader market would set if it were not absconded by "the fed".