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Mnuchin is a genius. He repeats what analysts declare.
Fed can not print money to support a bubble. The excess is taken out. Higher interest rate is just the start and need more economic measures to normalize market instead of a bubble,
Seems to contradict Trumps comments.
markets aren’t efficient confirmed. Active mngrs cheer worldwide
Lol
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Treasury Secretary Steve Mnuchin says market plunge on Fed rate hike 'is completely overblown'It's becoming increasingly clear that not a single person in the Trump administration has any idea of what they're talking about. Complete incompetence and denial. This guy has a very small economic vocabulary, probably to match his treasury policy knowledge. He made some money in business. Little comfort or guidance in running the Treasury of the USA. he is a blind politician or pretending, hihi
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