Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1157320)	8/16/2019 7:18:17 PM
From: Brumar89	1 Recommendation Recommended By rdkflorida2 Read Replies (1) of 1573592

Drumpf is scared shitless: Amid talk of a U.S. recession, President Donald Trump is reportedly paranoid that economists are biasing their data against him to prevent his re-election in 2020, a downturn that his administration has not prepared for. According to The Washington Post, Trump is anxious and has been calling business leaders from his New Jersey golf course this week for their views as administration officials try to soothe him with optimistic briefings about the underlying strength of America's economy. Now, Trump is accusing the Fed of moving too slowly, and continually making the wrong calls on rates. "Our problem is with the Fed. Raised too much & too fast. Now too slow to cut. Spread is way too much as other countries say THANK YOU to clueless Jay Powell and the Federal Reserve," Trump tweeted yesterday. Trump is set to introduce a further 10 percent tariff on $300 billion of Chinese goods in September. The Post reported that Trump officials are not planning for a recession because they do not believe it will happen and fear that by making preparations they will lend credence to the idea that a downturn is coming. reddit.com

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