Monday, October 17, 2016

No rate hike by US Fed in December 2016

The US Fed has grossly overestimated growth rates of the economy, and it appears that it the economic growth has slows down considerably. I think by December 2016, the economic statistics will be even worse. So no rate increases will happen then ....

Janet Yellen vs Clinton vs Trump

If Hillary Clinton is elected, I very much doubt that she will increase interest rate. If Trump is elected, the likelihood of her increasing interest rate is very high.