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Senior Advisor

"pay no attention to the man behind the curtain"

Fed obviously held back the announcement of an additional $2.3T lending facility in order to try to offset the expected (and it was) very bad jobs number.

Stock rally is fading although I suppose they'll have to do something to preserve their mystique.

If not, look out. 

4 Replies
Senior Advisor

Re: "pay no attention to the man behind the curtain"

$8.5T and counting is kinda impressive.

I'm warming to the inflation argument but fortunately have a three day weekend to think on it.

Just think, if we were as smart as Korea we could have pretty much skipped this whole thing.

 

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Senior Advisor

Re: "pay no attention to the man behind the curtain"

Yuck.

A couple $T doesn’t go as far as it used to.

Kept thinking that a lot of folks weren’t going to want to go home long before a three day weekend.

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Senior Advisor

Re:And the republicans were complaining about....

And since 2009  the republicans have continually complained about Obama passing out a whole few hundred billion dollars.  What are they going to have to complain about going forward?

 If only trump and the trump administration had done their job back in Jan. we won't be in this mess.

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Senior Advisor

Re: Re:And the republicans were complaining about....

Nobody can argue otherwise, but they will.

Korea, Singapore, Taiwan handled it very well. Their biggest economic problem now is that the rest of the world is in shambles.

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