Trump hits Fed over 'crazy inverted yield curve' as stocks fall

[Yo_Mama_Been_Loggin]

President Donald Trump called Federal Reserve Chairman Jerome Powell “clueless” and blamed his policies for signs in the bond markets that a recession is looming.

The president tried to deflect criticism that his trade war with China is harming the economic outlook, as stock markets tumble and bond yields show signs of an impending global slowdown.

“China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast,” Trump said in a series of tweets on Wednesday.

He repeated his criticism that the U.S. is being harmed by the Fed not lowering interest rates quickly enough relative to other countries.

https://www.msn.com/en-us/money/markets/trump-rips-fed-over-inverted-yield-curve-as-stocks-tank/ar-AAFOczo

Hey Donny Dotard, you claim the economy is booming. You don't lower interest rates in boom time.

[empedocles]

1. Beyond stupid. Fed cannot affect bond rates in any constructive way here.

Actually lower bond rates could be a good thing - make constructive investments more available/cheaper.

The inverted yield indicator, is just an indicator - that investors are not confident in a trump future.

[lame54]

2. Glad he hires only the best people...

Trump's one-way loyalty

[IphengeniaBlumgarten]

3. Didn't the rate cut that he bullied the Fed to do help cause this? nt

[C_U_L8R]

4. A lifetime of flunking economics.

Bankrupt Donnie is simply too ignorant to figure this out. Duh.

[Indykatie]

5. Trump is Just Setting Up The Fed To Take the Blame When the Economy Continues to Tank

His rube followers will believe it hook, line and center and accept that his bone headed tariffs are not the problem.

[Xolodno]

6. $20 bucks says he didn't even have a clue as to what it was....

...until somebody told him it was a bad omen.