3 Hrs, 20 Min. & 0 Seconds… Tension so Thick You Can Cut it w/ a Knife

The suspense builds as Jerome Powell presides over a panel of foremost economic geniuses, people who know much more than you or I about how to relieve or increase pressure on a Keynesian debt economy as needed. People who know how to set it just right, much like Goldilocks’ porridge. People who either do not know or do not care that the system they regulate has slowly but surely compromised the low and middle classes and fabulously enriched the asset owner classes as a matter of ongoing and systematic policy over the decades.

It’s why I have to laugh when I see groups of political clowns (with a few exceptions I find worth listening to) arguing about political fixes to non-political damage done by the apolitical entity known as your Federal Reserve. It’s asset owners ├╝ber alles. No need for saving; that’s not what this mess is built on.

A US rate cut is coming in this round of the global currency war and to boot, a couple more % of the CME wise guys are voting for a .5% cut than last time we looked. The suspense is killing me. How about you?


Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas. [Note: the subscription rate to the value-priced NFTRH service will increase near summer’s end, so if you are considering a subscription don’t wait to lock in the current rate]

You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Follow via Twitter @NFTRHgt or StockTwits.