DaveO wrote:
So all of your assessments are based on current fed actions? What do you attribute the previous weeks of volatility? I do believe that a correction has been taking place, but the amount and longevity, based on many decades is yet to be confirmed. This signs and definitions can be easily researched if you are interested, and the inaccuracies of 2008 predictions and effects realized. Along with the correction, we are victims of being part of the interdependent world economy, trade wars and political backlash due to our actions and much of the impact is yet to be felt. In all probability the world is looking at a pending recession and to say that we are not at least partially responsible is remiss. For an added attraction we can contemplate the influence the out of control Wall Street exerts. Lots of factors...
So all of your assessments are based on current fe... (
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Yes, I believe a lot of which you have stated to be correct.
The world interdependent economy is correcting to America fighting for more favorable trade deals and policies.
The effects and results will be a rough ride until we find a better balance.