Wednesday, September 11, 2019

This is going to distort the stock market in ways we've never seen.

What Trump’s call for 0% interest rates would mean for your wallet.

"Trump says Fed “boneheads” should cut interest rates to “zero or less.”

I'm not sure if this isn't already happening as the rest of the world is basically in negative rates. But rich people are not going to pay to have their money stored. They are going to put it in things that can not be touched - like stocks.

This is a very ominous sign for the US economy.

Additionally - many parts of Europe are entering recession while they are currently in Negative interest rates. There go hell come. How do you stimulate an economy like that? You can't cut rates.

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