Jerome Powell just spoke in Jackson Hole. Here’s what the market is saying now….
25bps extremely near likely at 80%
Chance of a 50bps Is rising, now at 23%
Chance of no cut is very low, <4%
How many cuts this year? pic.twitter.com/hdluP9MXDS
— Wall Street Silver (@WallStreetSilv) August 23, 2024
The Washington political ‘elite’ think you are stupid. They have no respect for the American voter. They do not act in good faith. They are manipulative. They view themselves as being in a different, higher class, than the voters.
Fake government numbers are a crazy conspiracy theory right up until they casually admit, of course they’re fake.
BLS admits 818,000 jobs were fake — second highest revision in history.
But remember, it’s not a recession until after the election. https://t.co/55walS8WNa
— Wall Street Silver (@WallStreetSilv) August 23, 2024
Remember who the government jackasses are. Understand their attempts to manipulate the voting public. Vote in your own interests.