Trump demolished a broken system, and now he is putting pressure on the Fed. If by the end of September, probably before because of the import cut, by then if he doesn't see any economic changes he will replace the Head of the FED Reserve.
BREAKING: President Trump releases a statement echoing the exact market dynamic that we highlighted earlier today.
President Trump says it is "crazy" that the stock market fell after the August jobs report and that we are living in a "false reality."
After the US unexpectedly added +162,000 jobs, tripling expectations, stocks fell as markets priced-in a higher probability of Fed rate hikes.
This comes just 3 hours after our post below.
September 16th is about to be a wild day.
We now have President Trump threatening to "stop trading" with all countries that the US has a trade deficit with if the Fed does not CUT rates.
This would effectively cut off trade with ~50% of all US trading partners, including Mexico, China, Taiwan, Germany, Japan, South Korea, Canada, and India.
Trump says the Supreme Court has ruled that he has an "absolute right" to do so.
Meanwhile, the market now thinks Fed Chair Warsh, who was just appointed by President Trump, will HIKE rates in his first rate move.
Just months ago, President Trump said it was a precondition that his Fed Chair appointee is willing to cut rates.
September 16th marks the next Fed decision.
If the Fed doesn't cut rates on September 16th, a potential of $300+ billion in monthly US trade volume could apparently come to a halt.
We will be breaking it all down in real-time.
Day 1,060 of genocide.
A fragment of life in Gaza, where children and their parents continue to be turned to smithereens by the most immoral army, with Western-manufactured weapons.