(For those who say I just don’t get it…get this)
Well… that didn’t take long. As I said in my article yesterday morning. To wit:
The problem? It looks like the Fed just proved the President correct.
Can you say “Uh Oh?”
The real issue now facing the Federal Reserve is not only may they have just crushed any remaining credibility with their complete and utter reversal of monetary policy going forward. But, they may have done it leaving one of the most unpleasant aftertaste they’ve ever considered.From my article: “The Fed’s Real Unintended Consequence Problem”
The result? Here’s two screen shots. The first is on Drudge™ this morning to show it’s placement, and that placement is secondary only to being the front page headline. i.e., probably the most important spot to be on Drudge eclipsed only by being the center headline and story, I have it circled. To wit:
Here’s the accompanying story via the Associated Press™. It is a screenshot and I have annotated the important, again, to wit:
Can you say “Uh Oh?”
But then again, what do I know.
© 2019 Mark St.Cyr
Footnote: These “FTWSIJDGIGT” articles came into being when many of the topics I had opined on over the years were being openly criticized for “having no clue”. Yet, over the years these insights came back around showing maybe I knew a little bit more than some were giving me credit for. It was my way of tongue-in-cheek as to not use the old “I told you so” analogy. I’m saying this purely for the benefit of those who may be new or reading here for the first time (and there are a great many of you and thank you too all). I never wanted or want to seem like I’m doing the “Nah, nah, nah, nah, nah” type of response to my detractors. I’d rather let the chips fall – good or bad – and let readers decide the credibility of either side. Occasionally however, there are, and have been times they do need to be pointed out which is why these now have taken on a life of their own. (i.e., something of significance per se that may have a direct impact on one’s business etc., etc.) And readers, colleagues, and others have requested their continuance.