[chrisk]

S&P futures opened limit down today (5%). Trump’s pathetic performance today far overwhelmed any effect of a virtually meaningless Fed rate cut. More important is the Fed soaking up debt. But even more important will be the fiscal funding to partially offset lost wages. The Fed May finally get its wish for more inflation.

[chrisk]

S&P futures opened limit down today (5%). Trump’s pathetic performance today far overwhelmed any effect of a virtually meaningless Fed rate cut. More important is the Fed soaking up debt. But even more important will be the fiscal funding to partially offset lost wages. The Fed May finally get its wish for more inflation.