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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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BREAKING: The Fed is sharply increasing the amount of help it is providing to the financial system
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Poster Handle
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xenophon |
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Post Content
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Manufacturing is in contraction (fact)
Service sector in contraction (fact)
GDP heading to zero (1.5 estimates in Q3 and 1% in Q4)
Retail sales falling
Home sales falling
Auto sales falling
Durable goods just fell
Business investment just fell to lowest levels since Trump was elected
CAT earnings just tanked
Boeing earnings just tanked
Amazon earnings just tanked
Ford earnings were bad
GM earnings were bad
FED is pumping in 100 billion per night in the repo market to keeps the banks solvent
Tell me where this strong economy is?
Have I missed anything?
Quoting: Anonymous Coward 75482302 It's no use, the fake 3.5% unemployment rate that all the shills keep repeating on camera overrides the ton of evidence showing the economy contracting Interest rates should be going up, instead Trump again calls for rate cuts and pence said today it's the greatest economy in US history! Radio silence on the endless QE and intervention from both sides. The single biggest issue for the US today and it's a non-issue
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