TRUMP IS RIGHT to Lash Out at Jerome Powell – Dow Down 2,700 Points Since Fed Chairman’s Careless Threat on Oct. 3rd
by Joe Hoft
TheGatewayPundit.com
December 17, 2018
On Monday December 17, 2018, President Trump tweeted out a fresh attack on the the Federal Reserve.
The Fed is clearly a political machine not working in the interest of President Trump or the American people. As a result of Fed policies Americans are being bound with massive interest payments on Obama debt for years to come.
The Dow Jones shrank by 2,700 points since the Fed’s Jerome Powell’s insidious comments in early October to continue to increase interest rates. The DOW reached another all-time high on October 3rd reaching 26,829. It was up for the 103rd time since Donald Trump was elected President and 46% since the November 2016 election. This was clearly too much for the Fed’s Powell who then scared investors with his message that he will raise rates well into next year.
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