The FREE Investment Newsletter That Really Works!
Yes the FOMC hiked rates today. Does it matter? What's the ramifications? Why have so many big name investors been screaming about a market crash coming? Is the Fed going to hike us into recession? Are we really in a recession, but they've papered it over? We chat about all of this in today's free newsletter. Take a few minutes to peruse it and see what you think.
I knew it would happen, it always happens. Over the weekend while talking “off topics” in my last article, I had mentioned I had changed my personal concealed carry gun from a Ruger LCP to a Barretta Pico. It is chambered in .380. I should have started counting the seconds after it was sent, because I knew someone would write in and give me noise about carrying a .380 for self defense. This was the first and most colorful of them. (exactly as I received it for special effect)
So, the Fed's so called recovery is SOOOOO strong that 7 years into it, they can't take the chances of hiking interest rates a silly quarter of ONE point. I truly hope that by now each and every one of you understands just how criminal that is. She's been raping the savers of this nation, while filling the coffers of the 1%, and she doesn't want that gravy train to end.
She should be in jail. In fact the whole lot of them should be in jail. For weeks they paraded the FOMC members around to hint at the idea that "this time" they would probably hike rates and what happens? ALL BUT ONE of them voted to not hike rates. How disgusting. Because they don't ever want to be seen as "wrong" about things, they keep rates at zero because as our economy crashes into a deep depression they don't want anyone saying.. you guys did it.
Well... they did. They've perverted the entire economic foundations and when this crashes and it will...they should all be sent straight to prison.