TacoMac
Well-Known Member
2,997 point loss. That was fun. Now for the REALLY fun part that I talked about a couple months back:
Trump's bullying of the Fed has us well and truly screwed. There is now absolutely nothing the Fed can do to mitigate the falling market now except buy more bonds.
But buying more bonds screws everybody in bonds even worse than they already are by making them essentially worthless.
Welcome to hell. Brought to you by Trump.
Only an act of Congress will be able to help us all, and you can bet Moscow Mitch will block every bill unless it has another big tax break for the wealthy.
Trump's bullying of the Fed has us well and truly screwed. There is now absolutely nothing the Fed can do to mitigate the falling market now except buy more bonds.
But buying more bonds screws everybody in bonds even worse than they already are by making them essentially worthless.
Welcome to hell. Brought to you by Trump.
Only an act of Congress will be able to help us all, and you can bet Moscow Mitch will block every bill unless it has another big tax break for the wealthy.