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Home>Editorials>Trump Seeks Cuts and QE; Stocks, Bonds, Gold Reverse on Fed Press Conference.

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Trump Seeks Cuts and QE; Stocks, Bonds, Gold Reverse on Fed Press Conference.

IMG Auteur

Mish

Global Economic Analysis

Published : May 02nd, 2019

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	On Powell's statements at the press conference stocks, the markets reversed. Yesterday, Trump blasted the Fed. When Does the Tweet Storm Begin? Not Yet, Just Howls From Yesterday Transitory Inflation? Declining Inflation? Political Correctness Stocks and Bonds Reverse The stock and bond markets did not react well to Powell's press conference. 5-Year Bond Reaction Gold Reaction Unhappy With Powell Stocks Bonds Gold Trump An initial dovish-appearing statement reversed at the press conference.

Source : moneymaven.io

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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