Did David Rosenberg Just Stumble On The Genius Behind Trump’s Madness?

by Contributing Author | Jun 6, 2019 | Headline News | 10 comments

[dipl_text_animator animated_text=”Do you LOVE America? | Do you WANT our borders secured? | Don’t miss on the latest news | Subscribe and stay informed!” animation_layout=”zoom” animation_time=”740ms” animation_hold=”5010ms” _builder_version=”4.24.0″ _module_preset=”default” global_text_settings_text_align=”center” global_text_settings_text_color=”#FFFFFF” global_colors_info=”{}”][/dipl_text_animator]
[contact-form-7 id=”6521033″ title=”Article Subscribe”]

Share

This article was originally published by Tyler Durden at ZeroHedge.

For months, President Trump has been pushing The Fed to cut interest rates, lambasting them for raising rates last year “slowing us down.”

Then, at the end of April (in the middle of the latest FOMC meeting), Trump took it one step further, demanding The Fed cut interest rates by 1 percentage point and to implement more money-printing quantitative easing. In a two-part tweet, the president unfavorably compared the Fed to its China counterpart and said if monetary policy in the U.S. was looser, the economy would “go up like a rocket.”

https://twitter.com/realDonaldTrump/status/1123285120864092162?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1123285120864092162%7Ctwgr%5E393039363b636f6e74726f6c&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2019-06-05%2Fdid-david-rosenberg-just-stumble-genius-behind-trumps-madness

https://twitter.com/realDonaldTrump/status/1123287154833203200?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1123287154833203200%7Ctwgr%5E393039363b636f6e74726f6c&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fnews%2F2019-06-05%2Fdid-david-rosenberg-just-stumble-genius-behind-trumps-madness

Democrats denounced Mr. Trump’s comments, saying they showed his disregard for the traditional independence of the Fed and his desire to use its powers to help him win re-election.

“There’s no question that President Trump is seeking to undermine the long-term stability of the economy and independence of the Federal Reserve to boost his own re-election prospects,” said Senator Ron Wyden of Oregon, the top Democrat on the Finance Committee.

And many elites piled on, slamming the President’s ‘shocking interference’.

BUT… things have changed very quickly among the establishment types.

Now we have Fed heads talking about “insurance” rate-cuts, lamenting the inverted yield curve, focusing on slow-flation; and former Treasury Secretary Larry Summers agrees with Trump, demanding a 50bps cut now and more in September.

Amid this massive flip-flop by the establishment, Gluskin Sheff’s David Rosenberg has deciphered a cunning plan emerging among all this global trade war tension and economic collapse:

Maybe Trump is a genius, after all.

What if he finally gets the steep Fed rate cuts he has been demanding?

After that, he ends the trade wars, tariffs go to zero, and the stock market surges to new highs — just in time for the 2020 election!

Rosie’s right – the market is now demanding over 3 rate-cuts by the end of 2020 (and just less than two by the end of 2019), keeping the equity market dream alive…

Or will any rate-cut be the ‘sell the news’ event confirming The Fed must be worried about something? Trump’s 2020 run depends on it.

[the_ad_group id=”24571″]

URGENT ON GOLD… as in URGENT

It Took 22 Years to Get to This Point

Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

Free Exclusive Report

The inevitable Breakout – The two w’s

[email-download download_id=”345496″ contact_form_id=”19fc5e7″]

Related Articles

[the_ad_group id=”30340″]

Comments

Join the conversation!

It’s 100% free and your personal information will never be sold or shared online.

0 Comments

Submit a Comment

Commenting Policy:

Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.

[dipl_ajax_search search_placeholder=”Article Search” display_fields=”on|on|off|off” search_result_box_bg_color=”#870404″ search_icon_font_size=”20px” search_icon_color=”#870404″ loader_color=”#870404″ _builder_version=”4.17.4″ _module_preset=”default” search_result_item_title_font_size=”14px” search_result_item_excerpt_font_size=”11px” border_color_all_form_field=”#870404″ global_colors_info=”{}”][/dipl_ajax_search]

[the_ad_group id=”30343″]

[the_ad_group id=”30344″]

[620studio_custom_posts post_type=”report” columns=”1″ limit=”1″ category_id=”23503″ caption=”no” date=”no” title=”no”]