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Fed warns of a particularly large plunge in market prices
The Federal Reserve issued a cautionary note Wednesday about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose potentially strong threats.
In what is often a boiler plate report on conditions in the banking system and corporate and business debt, the Fed instead warned of "generally elevated" asset prices that "appear high relative to their historical ranges."
In addition, the central bank said ongoing trade tensions, which are running high between the U.S. and China, coupled with an uncertain geopolitical environment could combine with the high asset prices to provide a notable shock.
Trump never hesitates to get the strong arm of the government involved to force the economy, or even single corporations.
Its beyond ironic Republicans are loving it.
Republicans are against big government. Unless they're the party in power. Then they're all in favor of heavy handed intrusive big government. Big phonies. Like Paul Ryan. Mr. "fiscal discipline". Until Trump became prez. Then no more of that "fiscal discipline" crap.
Fed warns of a particularly large plunge in market prices
The Federal Reserve issued a cautionary note Wednesday about risks to financial stability, saying trade tensions, geopolitical uncertainty and a buildup in corporate debt among firms with weak balance sheets pose potentially strong threats.
In what is often a boiler plate report on conditions in the banking system and corporate and business debt, the Fed instead warned of "generally elevated" asset prices that "appear high relative to their historical ranges."
In addition, the central bank said ongoing trade tensions, which are running high between the U.S. and China, coupled with an uncertain geopolitical environment could combine with the high asset prices to provide a notable shock.
Trump never hesitates to get the strong arm of the government involved to force the economy, or even single corporations.
Its beyond ironic Republicans are loving it.
Many of the most vocal 'Republicans' today were not even politically active ten years ago. They don't know what the Republican party actually stands for.
Of course, the politicians know, but they need those votes, so like a two-headed Janus say different things among themselves and to the big donors versus to the mob of Trump enthusiasts.
“Perception is more important than reality. If someone perceives something to be true, it is more important than if it is in fact true. This doesn't mean you should be duplicitous or deceitful, but don't go out of your way to correct a false assumption if it plays to your advantage.”
Ivanka Trump
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