The Economist Joins BIS, IMF And World Bank In Warning The Fed As Chinese Stock Market Continues To Tumble

Tuesday, September 15, 2015
By Paul Martin

KingWorldNews.com
Sept. 15, 2015

Today one of the greats in the business sent King World News a fantastic piece that reveals the Economist has now joined the BIS, IMF and World Bank in warning the Fed as the Chinese stock market continues to tumble.

September 15 (King World News) – From Art Cashin’s notes: “Stay Thy Hand – The Economist has joined the BIS, the IMF, the World Bank and scores of others in calling on the Fed to delay the rate hike. In a prominent editorial they weigh the evidence on both sides of the issue. After laying out the “move now” arguments, they said:

Act in haste

Look closer, however, and this case is flawed. A looming rise in inflation is anything but certain. Although the unemployment rate is low, other labour-market measures suggest willing workers are waiting in the wings.

The Rest…HERE

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