Revi wrote:I noticed that the Fed is expected to lower interest rates again.
They are throwing all their firepower at the situation.
They must think something is going on.
Well, you repeatedly submitting "articles" from the same PM pusher (Silver Doctors) isn't likely to tell us much, IMO.
But hey, if you want to claim roughly $100 billion a month in balance sheet expansion is "all their firepower", have at it. Especially after the balance sheet was previously reduced by several times the recent increased amount, as I showed upthread.
Meanwhile, I notice your latest article from the PM pusher spends a lot of time claiming a handful of symmetrically important banks (SIB's) have something really new and meaningful going on in 2Q'19, and for their proof, they show a chart showing that the GSIB surcharges are essentially the same as they have been for the last six quarters.
Wow, now I KNOW I need to hide under the bed AND buy tons of gold and silver.
Meanwhile, the cries of imminent doom re hyperinflation by early November re the "experts" in articles from such sources (and of course, Youtube videos favored by the likes of armageddon) turn out to be utter nonsense, and as usual, the consequences are -- more reset, claim new imminent doom, and hope everyone forgets yet another nonsensical call.
...
It would be a lot less drama just to look at meaningful sources like the Fed itself, but of course, that's no fun re spreading FUD.