newfie
Well-Known Member
The focus of the discussion surrounded the comments made by public figures not the numerical figures. Yes, the jobs number looked good but downward pressure on markets in recent days was driven to a great extent by earlier comments made by Powell regarding the strong possibility of as many as 4 interest rate increases this year. Friday Powell backed off saying that the fed will be much more patient and data dependent .
thanks to pressure from our wonderful president. Trump not only put pressure on Opec to lower our gas prices but he is putting pressure on the fed to stop screwing up our growing economy . when did you ever see any other president fight for our economic well being like trump has.
