The rout in U.S. stocks suggests the markets might agree with Trump about the Fed and interest rates via @bopinion

bopinion Or something else happened that he wasn’t expecting

bopinion The Fed under Greenspan made the same mistake in 1990s of raising rates too aggressively to counter inflationary risks that actually didn’t exist as they perceived. Should allow growth to run and solidify and be comfortable with ~3% inflation.

bopinion Of FFS - the Fed is acting appropriately. Corrections happen, although a guy that bankrupted a casino probably doesn’t know that.

bopinion So which is it? Is this the greatest economy ever or not? We’re at historic low still with interest rates.

bopinion That's not what Trump said when Obama was President!

bopinion ☝🏿Get these people out of the way before we move them out of the way. Nothing last forever!✊🏿✊🏾✊🏽✊🏼✊🏻✊

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Source: washingtonpost - 🏆 95. / 72 Read more »