The Deficit acceleration was not created yesterday but about a year ago with ill conceived tax cuts so you can't blame FED but only Trump administration and news outlets such as the WSJ and FoxNews for promoting policies the will either bankrupt the US or cause a depression
the sudden, intense sell-off picture becomes clearer now. the big money boys & girls had gotten addicted to zero/low interest rates from the Fed and are now trying to influence future rate hikes, specially December's.🤔
Agreed..but it is now next year that’s in the focus
Let it, making $$ regardless of direction. I would recommend everyone learn how to handle their retirement accounts as NO ONE will care more about your money than you.
Good. It was overblown anyway.
If the Federal Reserve continues to pull $.6T of liquidity out of system (QT) with ECRI plunging and all economically sensitive sectors of stock market confirming that plunge while credit spreads are widening then they will pop the multiple bubbles their QE created: WHY?
The Deficit acceleration was creat yesterday but about a year ago with I'll conceived tax cuts so you can't blame the FED
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