Despite the “strongest economy in the world,” it appears President Trump is not satisfied.
“Our Economy is very strong, despite the horrendous lack of vision by Jay Powell and the Fed, but the Democrats are trying to “will” the Economy to be bad for purposes of the 2020 Election. Very Selfish! Our dollar is so strong that it is sadly hurting other parts of the world…”
And for the first time, Trump also called for more QE…
“The Fed Rate, over a fairly short period of time, should be reduced by at least 100 basis points, with perhaps some quantitative easing as well. If that happened, our Economy would be even better, and the World Economy would be greatly and quickly enhanced-good for everyone!”
The result – adding to equity market gains…
on the 2nd biggest short-squeeze of the year…
Ceratinly piling more pressure on Powell to offer up any number of momentum igniting strawmen at this week’s Jackson Hole speech.
via ZeroHedge News https://ift.tt/2KGpUrd Tyler Durden