The Dangerous Game Both Powell And Trump Are Playing
Chris Temple kicks off today with a recap on Fed Vice-Chair Richard Clarida speech this morning. The real focus will be on the G20 meeting at the end of this week and the Fed meeting in December. As Chris states both Powell and Trump are playing dangerous games but is one of them more oblivious to how bad it could get for the US?
(Audio length 00:11:08)
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Sadly although Trump is looking for people to blame for the weaker stock market he really has no one to blame but himself. He is creating instability and is now fighting personal wars with GM and other American companies which plays into the hands of non-US companies. In no way does this benefit the US.