How The Fed Is Now Underwriting Trump's Trade War, In One Chart
Zero Hedge -

Last week, in the aftermath of the FOMC statement which to justify the "most pointless rate cut in the history of the Fed" blamed the Fed's first rate cut cycle in 12 years not on the resilient US economy but on "global developments" we said that "The Fed is now officially the world's central bank: any global economic instability anywhere in the world will lead to new record highs in US stocks"

The Fed is now officially the world's central bank: any global economic instability anywhere in the...

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