Betrayed Americans

Paul Craig Roberts- As interest rate hikes worsen recessions, the stock market has concluded that Fed tightening is over. Soon the Fed will be lowering interest rates to fight recession and unemployme

Yesterday the Fed raised short term interest rates by three quarters of one percent, and the stock market rose. The stock market did not rise because of the rate hike. The stock market rose because the Atlanta Federal Reserve bank dropped its forecast for second quarter (ends June 30) GDP growth to zero — 0.0 — which means that technically we are in a recession.

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https://thealtworld.com/paul_craig_roberts/betrayed-americans