Stocks Plunge On Runaway Fed. Hillary, Trump, Wall Street. by Gregory Mannarino

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Gregory Mannarino spoke about the markets before completing its plunge nearly 400 points on the Dow Jones simply because the Fed made a comment that an increase in interest rates may be sooner than expected.  Of course we have heard this sort of rhetoric from the Fed countless times with nothing coming from it.

The market is fake. The data is fake. Everything is fake  – Gregory Mannarino

The interest rate scare is definitely a tactic the Fed has used to the point that even people who seem utterly clueless about what is really going on behind the scenes instinctively know the Federal Reserve is making idle threats. However the Fed is stuck in a conundrum where it may be actually forced to raise interest rates instead of just scaring the markets down temporarily.

Here are Greg’s words on the issue.

 

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About Author

Leslie Michael Jr. was born and raised on the Westcoast of British Columbia, Canada. He is a lecturer of Money Uncensored, a series of presentations designed for North Americans and people from around the globe to better understand the financial direction this world is headed and what they can do to protect themselves financially.

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