Naturally, an error-filled tweet storm was involved
, “Rates markets globally are expecting what looks like Armageddon,” estimating that “a U.S. recession is an 80% probability.”that the Federal Reserve will bail the economy out of a recession of his own making by cutting rates, something he’s been bullying the central bank about for a year now.
manufacturing—could lead to asset bubbles and leave the Fed with fewer tools to fight a true downturn is apparently of little import to Trump, who continued to unleash the crazy on Wednesday.on an online forum . “We are stronger than ever, money is pouring into the U.S. while China is losing companies by the thousands to other countries, and their currency is under siege - Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much .
In reality the Fed already announced last week that it is ending its “quantitative tightening” program, and, as CNBC, “the gap between the two-year and 10-year notes is at its narrowest since April 2007 and the spread between other maturities continues to contract.” But fact-checking Trump’s understanding of the yield curve sort of feels like dunking on a naked mole-rat for not understanding quantum physics.
“Many investors have expressed the view that China is prepared to accept an economic downturn to prevent President Trump’s reelection,”More Great Stories from
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Trump, without evidence, accuses Google of illegally swinging election against him in 2020President Donald Trump criticized Google on Tuesday morning, insinuating that the tech company may be working against his reelection campaign and saying 'we are watching Google very closely.'
Baca lebih lajut »
Biden Accuses Trump Of Fanning 'Flames Of White Supremacy' In Iowa Speech“How far is it from Trump’s saying this ‘is an invasion’ to the shooter in El Paso declaring ‘his attack is a response to the Hispanic invasion of Texas?’ Not far at all'
Baca lebih lajut »
Fact check: Trump falsely accuses Sherrod Brown, Dayton mayor of misrepresenting his hospital visitPresident Donald Trump, his press secretary and his director of social media accused Ohio Sen. Sherrod Brown and Dayton Mayor Nan Whaley, both of whom are Democrats, of misrepresenting the reception Trump received from shooting victims during his visit to a Dayton hospital.
Baca lebih lajut »
An economist says Trump is right: Investment is down and the Fed should helpU.S. stocks fell Monday to their lowest levels in 2019 — how the Federal Reserve can help consumer confidence amid an escalating trade war.
Baca lebih lajut »
Four former Fed chairs united to warn Trump not to mix politics and monetary policy'Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!' Trump Tweeted
Baca lebih lajut »
With attacks on O'Rourke, Twitter Trump tops Teleprompter TrumpOn Monday, following the mass shootings, Americans heard from Teleprompter Trump. A day later, however, Twitter Trump had his say.
Baca lebih lajut »