I do agree that the Feds interest rate increases attracted more capital to bonds domestic and foreign. They have been slow in reversing these policies, and still don’t seem to want to.
So as to the above quote , you seem to want to disconnect the US from foreign capital AND foreign goods. Allan , that’s a recipe for a big recession or depression. Luckily the President does not want that at all, he is seeking a better competitive position for US manufacturers, not farmers obviously.
So, don’t run for office Allan, your policies are worse than Trump’s! Americans won’t vote for depression. Depression would also push rates into negative territory, that is why the Fed was trying to raise rates.
We’ll see what happens..
Edited 1 time(s). Last edit at 30-Aug-19 14:39 by Eddie Larry.