Yesterday's 800+ Point Drop In Stocks Had NOTHING To Do With The Fed. By Gregory Mannarino

in #money6 years ago

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It appears that Pres. Trump does not realize that the Fed. Raised the Federal Funds Rate on September 26th, and yesterday's (October 10th) sell-off in stocks had nothing to do with it. In fact stocks GAINED when the Fed. announcement was made. Very concerning that he does not understand the markets...

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Interesting. Massive plunge yesterday and futures started negative today. It will be an interesting show for sure. Popcorn in hand! I find it interesting that we've been rolling along quite well until yesterday which just happened to be the date on the old conspiracy theorists claim to the the 1988 Economists magazine with the phoenix rising above the burning world currency wearing a gold medallion around its neck with yesterdays date on it. Headline on cover states "get ready for a world currency." Odd or just hub-ubb? Anyway today should be interesting.....................

Great video. Explains the big drop. wonder what will happen today.
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