10/9/2018 – A mixed day with the Dow Jones down 56 points (-0.21%) and the Nasdaq up 2 points (+0.03%)
The stock market finds itself at an incredibly important juncture. Things are about to move. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
President Trump is once again not happy with the FED challenging his massive “Everything Bubble” he so correctly identified during his election campaign.
Trump Says He “Doesn’t Like What The Fed Is Doing”
Some commented that this is another sly move by the president to preemptively shift blame on the Fed chair ahead of what may be a turbulent 2019 when rates are expected to keep rising, potentially resulting in a sharp slowdown in the economy and/or a stock market crash.
It appears President Trump’s 4-D Chess strategy is clear. Blame the Democrats (assuming they win in November) when, not if, the Economy collapses. And if that doesn’t work, blame the FED and their interest rate hiking campaign. Either way, blame someone and the base should eat it up, leading to a swift re-election in 2020.
Whatever, Mr. Trump’s plan is, here is what almost all observers are missing about today’s environment.
First, the FED is raising interest rates to re-load for the next recession and market bloodbath. They know what they have done, what’s coming and what they need to do now in order to soften the blow.
And should they fail to re-load, the next recession or “Everything Bubble” implosion will end the USA as we know it.
Second, as we have discussed before FED Powell Confirms – Yield Curve Inversion Imminent, it no longer matters if the actual yield curves inverts or not. The damage has already been done by flattening and it is only a matter of time before the mother of all recessions hits Mr. Trump’s perfect economy.
Our timing and mathematical work tends to confirm all of the above. If you would like to find out exactly when the stock market will crater, in both price and time, please Click Here
