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Trump is not on a tweeting rampage because he is making sure he has his investors aligned to buy up whatever he can while he is mid-tweetstorm.
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Meaning what???
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At the end of the day banks have to balance their books. Typically if they are down they will borrow from other banks. At a last resort they can borrow from the fed. This is a last resort situation.
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It’s a good thing Trump has repeatedly expressed his support for and confidence in the Fed chair he appointed. Because if he were out there trashing Powell every day, that might shake the credit markets and lead to a catastrophe.
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I'm curious to how this plays out in real life? Where will the consequences impact the most?
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You just wait. Credit products’ interest rate may spike for consumers. Money may get harder to get=less money for business =less jobs=higher foreclosures and unemployment =recession.pic.twitter.com/RBxo7iIEtQ
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Uh oh
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