Great Economy And Still No Rate Hike?

Following the longest streak of so called “positive economic surprise” in history, it is perhaps (for some) a surprise that today, The Fed – once again – punted its decision to hike rates.

FED: `NEAR-TERM RISKS’ TO ECONOMIC OUTLOOK HAVE DIMINISHED
FED: JOB MARKET STRENGTHENED
FED: ECONOMY EXPANDING AT MODERATE RATE
FED: HOUSEHOLD SPENDING GROWING STRONGLY
FED: BUT THERE WILL BE NO RATE HIKE

But still no rate hike???

Allow me translate the “Fed speak” for you….

*FED: cant raise rates without risk of crashing stocks which would help Trump get elected.

*FED: A Trump win would be catastrophic to continuing Wall Street casino where the house always wins.

*FED: Yellen says that FOMC is unanimous that Hillary needs to be elected

*FED: FOMC says it will provide unconditional support for equities to help Hillary get elected.

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About avirginiapatriot1776

I hope we have once again reminded people that man is not free unless government is limited. There’s a clear cause and effect here that is as neat and predictable as a law of physics: as government expands, liberty contracts. — Ronald Reagan
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