MikeCristo8
@MikeCristo8
The BLS manipulated the jobs numbers so Powell could hike rates.
Now that the revision has come out.
Markets will crash.
Which is what Jerome Powell has wanted.
If the Fed cuts, the markets will implode.
Do you all want Jerome Powell to go there?
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MikeCristo8
@MikeCristo8
If the Fed holds rates and the Bank of Japan increases rates at next meeting
And the 818K BLS jobs revision
The whole stock market comes down
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MikeCristo8
@MikeCristo8
Tom Luongo is right.
The Fed has to write down their liabilities (on their balance) with $20K gold price.
We’re probably in the reset now with the Bank of Japan carry trade unwinding.
The stock market will not be saved.
There will be no Fed QE.
