White House advisor Peter Navarro blames the Fed for market volatility

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What's causing volatility in the markets? White House advisor Peter Navarro pointed a finger at the Fed. 'The predominant factor, hands down and at the top of the list, is Federal Reserve policy.'

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 /  🏆 12. in ZA
 

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Nope.

Peter Navarro is a White Nationalist whose opinions are not even respected by Larry Kudlow or other Trumpians. He has wacko ideas and he is the reason for stock market disaster because of the tariffs. Interest rates at 2.5 are not hurting the economy.

Idiots raising rates when no one else in the world thinks it’s justified

Do not divert, it is the stupid trump tantrum policies, fed doing a great job.

I don’t suppose Mattis’ resignation had anything to do w it along w Trump’s infantile behavior.

Navarro is incompetent and out of touch with reality. TheChineseCentury

It’s Trump. Not the Fed. I have sold because of Trump. I am not alone. I expect lower prices still... because of a Trump.

It's yer shitstain of a president.

Dow reached last record high 2 days b4 VP pence delivered his Cold War speech against China. the market rebound after trump made call to Xi on 1st November, and 21st rumour Navarro wasn’t attending g20. only to start free fall after arresting of huawei CFO. Isn’t it clear enough?

And the loss of the House to Pelosi socialists network. Check the charts,

You couldn't find two bigger jag offs to appear on CNBC at the same time.

The Fed has been wrong since 2002 so why would we expect them to be right now.

It's like Santelli said, 'we're still doing better than the rest of the world.'

Peter Navarro, the 'Pass the Buck' minion of our 'Pass the Buck' President Trump.

Anything but trump and Navarro. Ok?! Did u hear me?! Yes?! Lol

The Fed is incompetent and out of touch with reality!

Tariffs, Government shut down, Fed, Interest rate hikes, Administration conflicting stores, Administration departures, Split House, the friggin wall.........🤪

You cannot believe a word anyone in this administration says.

Yes, taking 10 years to get to 2.50% is way to fast

Peter himself should take the blame. His view on China has caused a bitter U.S. - China trade war, which has made corporations make less profits due to tariffs. Poorer performance and uncertainty caused the market crash.

The Fed is totally clueless.

Amazing Rick is nodding his head to this. Rick being the one who has been throwing tantrums for 10 years on the fact that the fed was interfering with it market supporting moves!

Borrowing will be costlier. But it's also due to companies that snapped up shares with the tax hauls and drove up prices. But with less than stellar results projected thanks to things like tariffs on goods from China and our allies the day of stock reckoning was soon upon us.

Navarro’s failed ass should look at this China policy first. It’s 1-10 on the list of reasons causing this.

How about an erratic president?

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Source: CNBC - 🏆 12. / 72 Read more »