Stocks Slide After Lockhart/Williams Say Rate-Hike In June On The Table

by Tyler Durden
ZeroHedge.com
05/17/2016

Once again the narrative spewing forth from today’s Fed speakers is that “the market is too pessimistic” presumably meaning the bond market because stocks are near record highs; and crucially, that despite collapsing industrial production, plunging GDP expectations, near-record inventories, and weakness in employment data that the US economy is “doing well” and that “June is a live meeting” for a rate hike… the equity market is not amused…

The Rest…HERE

This entry was posted on Tuesday, May 17th, 2016 at 1:24 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.