IMHO we will see not just a 1/4 percent increase but 1/2 percent increase. The stock market will shudder....for a day or two at most. The Fed only controls SHORT term interest. The market controls long term and the 10 year rates have been rising quickly.
No one appointed by the Obama bastard will do anything BUT sabotage Trump. PURGE THEM ALL .
Should they ever rise to traditional levels (such as 4%), people under age 40 will go nuts. They have never seen anything but 0 and think credit is “free”.They will stop buying
Of course this is a ticking time bomb for Trump. The set up with a 20,000 Dow (leaving you Obama's economy) is in.
Trump should announce that every Obama administration officials, including myself, anything untoward unethical or illegal in the final days of the outgoing administrations will be held fully accountable under law. He should just come out and say it
NO! Hell NO! NFW!!!
During the 2008 election, both McCain and Obama suspended their campaigns and went to Washington for a closed door meeting with the crashing banks. They discussed the derivatives mess and were told, “You’d better cough up the bailout money or we will crash the world economy!” It has been continual bailouts ever since, under different names and labels, of course.
There are two reasons all this phony digital money has not exploded into hyper-inflation. One, the inflationary pressure has pushed against an extreme deflationary pressure; we ought to have been in a 30’s style depression since 2008. Two, the dollar is tied to the oil market and since the world must have US-$$$’s to buy oil, there has been a tremendous demand for the fiat currency.
Now the world is looking for a way to get away from the dollar; they can see the collapse coming! But at this moment there are a few alternatives for them. We have a little time if we can figure out what to do. Whenever you’ve read that the dollar is losing it’s status as the world’s reserve currency you’d roll your eyes and think of something else. But you’ve been warned!
Search Engine Further Study: Bretton Woods, Petrodollar Collapse, Derivatives Collapse, Demographic Winter.
Yellen is one vote out of ten on the Federal Open Market Committee. She can’t raise or lower interest rates on her own. Besides, Trump has been complaining that the Fed hasn’t raised interest rates.
By law the Fed Chair is appointed from the Federal Reserve Board of Governors. None of those people are on it.
Exactly. She knows that the unemployment rate is as corrupt a statistic as ever existed. But the whole fed plays along as if we’re at full employment, when American families are holding onto solvency by the skin of their teeth and the great, huge population of unemployed is magically swept under the rug.
Personally, I also think the GDP number is phony. Because of later adjustments and because of the possibility of carry-over, leveling of numbers from quarter to quarter.