[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

MAGA Protest

The Floodgates Are Breaking In Germany's Welfare State

“The government wants to make sure that that does not come out. A huge part of our political system is predicated on blackmail,”

You Know What Happens Next

Cash Jordan: Half-Built Tower Abandoned… as ICE Deports Entire ‘Migrant Workforce’

Heavy rainfall causes flash flooding Tuesday night, some cars stuck in high water on Chicago's West

Biden Doctor PLEADS THE FIFTH, Refuses To Testify To Congress, Biden Pardons ARE VOID

Joe Rogan says FBI director Kash Patel played him for a fool and maga for fools with the Jeff Epstein files

Elon's AI System "Grok" Went Rogue And Has Been SHUT DOWN in an Emergency!

Earthquake Swarms at One of the MOST DANGEROUS Volcanoes in the USA

Ben Shapiro Declares Epstein Case CLOSED: ‘Facts on the Ground Have Changed’

Iran receives 40 Chinese J10-C Fighter Jets

China’s Railgun Is Now Battle-Ready, Thanks to Nuclear Power

Chinese Hypersonic Advancements! Deadly new missile could decimate entire US fleet in 20 minutes

Iran Confirms Massive Chinese HQ 9 B Missile Deal

Why Is Europe Hitting 114°F And Still Rising?

The INCREDIBLE Impacts of Methylene Blue

The LARGEST Eruptions since the Merapi Disaster in 2010 at Lewotobi Laki Laki in Indonesia

Feds ARREST 11 Leftists For AMBUSH On ICE, 2 Cops Shot, Organized Terror Cell Targeted ICE In Texas

What is quantum computing?

12 Important Questions We Should Be Asking About The Cover Up The Truth About Jeffrey Epstein

TSA quietly scraps security check that every passenger dreads

Iran Receives Emergency Airlift of Chinese Air Defence Systems as Israel Considers New Attacks

Russia reportedly used its new, inexpensive Chernika kamikaze drone in the Ukraine

Iran's President Says the US Pledged Israel Wouldn't Attack During Previous Nuclear Negotiations

Will Japan's Rice Price Shock Lead To Government Collapse And Spark A Global Bond Crisis

Beware The 'Omniwar': Catherine Austin Fitts Fears 'Weaponization Of Everything'

Roger Stone: AG Pam Bondi Must Answer For 14 Terabytes Claim Of Child Torture Videos!

'Hit Us, Please' - America's Left Issues A 'Broken Arrow' Signal To Europe

Cash Jordan Trump Deports ‘Thousands of Migrants’ to Africa… on Purpose


Business/Finance
See other Business/Finance Articles

Title: The Fix Is Already in for This Election
Source: Daily Reckoning
URL Source: [None]
Published: Sep 3, 2016
Author: Michael Covel
Post Date: 2016-09-03 12:50:28 by BTP Holdings
Keywords: None
Views: 378
Comments: 1

Trump is staging a fierce comeback…

Hillary Clinton’s post-convention lead in the polls has nearly disappeared. Prominent pollster Rasmussen Reports now has Trump leading Clinton 40% to 39%. Trump also has a 3% lead (45% to Hillary’s 42%) in the Los Angeles Times poll.

And Hillary’s edge in the polls in which she’s still leading has narrowed sharply.

There’ll be more back-and-forth momentum swings in the horse race to come, but these new polls show one thing: The odds of a Trump presidency shot higher this week. And that means the odds of a Fed interest rate hike before Election Day got lower…

The fix is in...

Look, Janet Yellen isn’t going to do anything to jeopardize a Clinton presidency.

They’re both card-carrying Deep Staters. They’re both liberals who served under Obama. They both dress the same: Mao chic. And most of all, Yellen wants to keep her job when her term expires in February 2018.

She’s a lock to stay on in a Clinton administration. But it won’t happen in Trump’s. He’s already told The Wall Street Journal that he wouldn’t keep Yellen as Fed chair.

I don’t see how Yellen can raise rates between now and Election Day… if Trump can win.

If she did, it would tank the stock market, nail the economy and give Trump the White House.

When the Fed raised rates in December 2015, the stock market plunged, with the Dow dropping more than 1,300 points in the month following. A plunging market would wipe out trillions in paper wealth and slam the economy into recession.

But Yellen isn’t going to let any normal course of events happen before Election Day, especially since a Trump presidency would be every central banker’s worst freaking nightmare…

Trump is deeply suspicious of the Fed… as many of us are.

He’s rightfully and repeatedly said that Fed policies have created a stock market bubble that will burst. He’s called the Fed’s QE nonsense a bad economic idea that produced “phony numbers.”

He told GQ that he prefers the gold standard to a Fed-manipulated fiat currency: “Bringing back the gold standard would be very hard to do — but boy, would it be wonderful. We’d have a standard on which to base our money.”

And he also supports an extensive audit of the Fed to bring transparency and accountability to the secretive “central bank” that’s brought devastating boom-and-bust cycles for decades.

Of course, nobody knows if Trump will follow through on these promises if elected. Once in Washington, he could very well become just another lying politician. But right now, the last thing Yellen and her New World Order cronies want to do is take a chance on President Trump.

They want to keep their unchecked power to create endless amounts of money out of thin air… to build and pop one financial bubble after another… all to redistribute from the little people to the elites… and destroy free-market capitalism in the name of state-manipulated Ponzi finance.

We know that won’t change under Clinton. And maybe it won’t change under Trump. But you can bet central bankers don’t trust that business as usual will continue with Trump.

So come the next Fed meeting in mid-September, expect a lot of sophisticated talk from Yellen about this or that economic item, assorted indecipherable mumblings and an army of TV talking heads lapping it all up as if an economic god had spoken.

Just don’t hold your breath waiting for a rate hike… no matter what the economy’s doing.

What might a Hillary win look like? Read on for some eye-opening possibilities...

Regards,

Michael Covel

for The Daily Reckoning

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: BTP Holdings (#0)

No matter who gets elected the only losers are "We the People"

Darkwing  posted on  2016-09-04   9:49:35 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]