by Dave Kranzler, Investment Research Dynamics:
Fed has been signaling it will raise rates for two years now. Same powerplay as #grexit scare. Won’t happen. System is broken till a Reset – next signal will be QE4 rumors – Willem Middelkoop on Twitter
Yes! Someone else who gets it. Every week we getting these dopes from the Fed coming out and saying “hey man, the Fed is behind the curve – time to raise rates.” But the even bigger dopes are the dopes who believe the hot air. And now supposedly the Fed is on track to raise rates twice still this year.
The Fed has been on target to raise rates several times a year ever since Bernanke’s infamous “Taper” speech back in May 2013. Last time I looked, the flag flying above the White House was not a Japanese flag, but the Federal Reserve, Wall Street, financial media stage show sure looks a lot like Kabuki Theatre – quite literally, “the art of singing and dancing.”
Please follow SGT Report on Twitter & help share the message.