Is there any point at which people will stop saying "the market was due for a correction" and accept that, cycles aside, there's a clueless person in the White House actively making terrible decisions for the economy while blaming "the fed?"
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On the Fed he is showing the worst part of his character which is to blame others. He is more concerned with branding Fed as the cause of a recession. His tweets make it harder for Fed to reverse course.
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I am a Trump supporter but have never been in any doubt about his character as a leader. He never takes responsibility and blames others. He also never shows the ability to be the bigger person as his uncouth tweets about Tillerson showed.
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Translation: A perfect explanation as long we all ignore the other rate hikes at didn’t tank the market.
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What other rate hikes?
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Do you have any idea why the Fed raises or lowers rates?
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Are you one of those people that believe the stock market is crashing because the Fed raised rates?
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Obama had near zero interest rates his whole presidency. Now the Fed is “doing political things”.
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