According to Nobel Prize winner, Robert Schiller, an election victory for president Donald Trump would not only boost the stock market but postpone the impending and imminent recession. Shiller, who is known for his behavioral finance research, believes Trump’s reelection would “resonate” with the stock market.
Rising interest rates could still be in our future, even though the Federal Reserve initially stated they would be holding off on such until the end on the year. But according to The Fed’s Chicago leader Charles Evans, if the economy meets the “expectations” of central bankers, they will raise the rates.
In a recent video sit down with Jeff Berwick of the Dollar Vigilante on the YouTube channel Anarchast, Lior Gantz discusses how to profit off the ignorance of socialism. It’s fairly easy to make money especially when you can obviously see that what we have right now isn’t capitalism (regardless of how many times we’re told otherwise).
This article was originally published by Tyler Durden at Zero Hedge Less than six months ago, the ‘smartest men (and women we are sure) in the room’ at Goldman Sachs’ prestigious economics department were in full hawktard mode – forecasting four rate-hikes in 2019, providing cover for a desperate-to-get-back-to-normal Fed’s rate trajectory guesses. Since then, […]