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@TrevorGoodchild @judgedread Our investment banker friend called the J man a fucking idiot for this move. The cut was negligible and already priced in, but it makes it look like he thinks there’s a problem. So it was read as oh shit something is wrong.
- Kenny Blankenship likes this.
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@TrevorGoodchild I think this is a pro-Trump move. These guys are all Keynesians, the nicest thing they can do for a president is expand the money supply.
They won't equal coronahoax levels, but tight money is over.
Pic related.
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@judgedread Problem is that Powell is sending conflicting signals with a hawkish outlook, this is why markets tanked today instead of rallying
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@IAMAL_PHARIUS what time is the white smoke coming out the Holy FED?
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@MechaSilvio @IAMAL_PHARIUS Capitulation, 25 bps cut. J Pow also decided to start pre-emptively blaming fat orange retard for the inevitable inflation to follow
I hope the tangerine obesoid starts screaming at him on twatter again. Better yet, tries to fire him.
zerohedge.com/markets/fomc-23
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CAMON POWELL!!!!
* BAM BAM *
CUT SOME FAKIN RATES
* BAM BAM *