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To: Sir_Humphrey
IIRC, The market was at 18,300 when Trump was elected.

The Fed was wrong to raise the rates. Everyone says so.

4 posted on 12/24/2018 10:24:48 AM PST by Sacajaweau
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To: Sacajaweau

The Fed was wrong to raise the rates. Everyone says so.

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While there are tangential causes, the POWELL PLUNGE is mainly due to overtightening by the Fed. This is the economic equivalent to overmedicating a patient.


14 posted on 12/24/2018 10:28:47 AM PST by Starboard
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To: Sacajaweau

The Fed was wrong to raise the rates. Everyone says so.

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Trump has been criticizing the Fed for raising the rates. It’s a good CYA move on his part.


31 posted on 12/24/2018 10:39:55 AM PST by laplata (The Left/Progressives have diseased minds.)
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To: Sacajaweau

Fed raised interest rates eight (8) times in two (2) years during the Trump administration. Not a single time from 2008 to 2015


54 posted on 12/24/2018 10:53:45 AM PST by Freedom4US
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