Quote:
Originally Posted by justjim
The Fed was setup to be independent. And Tariffs are inflationary. Not a surprise the market is “way” down.
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Yes. Absolutely correct. The Fed is being scapegoated.
The Fed is not where the accountability for this mess should land.
The Fed has to function independently -- or further chaos will ensue.
We are trapped in the throes of that tantrum of tariffs.
Buying opportunities boil down to whistling in the dark.
Today is what that threat to the Fed has brought on. Imagine what would happen if that would actually happen.
This is well beyond a normal market fluctuation. This is a self-inflicted wound, infection spreading fast, teetering on the brink of sepsis.
I admit that I have never been this worried about the economy. And I have a very long memory.
Boomer