JEROME POWELL SCREWS AMERICA: Dow Drops 2,500 Points Since Fed Chairman’s Insidious Threats to Raise
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 has sunk 2,500 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.