The Fed is undergoing a major change, and the market is having a fit

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The Fed is undergoing a philosophical change that one market expert called a 'pendulum swing.'

 

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The government always ramps up interest rates on the eve of a recession. Look over the last 20 years. That is because they know they will have no ammo to use in said recession if rates are already artificially low.

Trying to screw Trump. Nothing else has worked.

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