Two or three years back you were saying that the US economy was "going gangbusters", but the truth is it's never got out of first gear throughout this 'recovery'; never got past 1.5% annual GDP growth, an earning recession for 15 consecutive months.
Now we have a 'soybean recovery' and some pre-Xmas spending. Everyone knows that
pre-Xmas / Xmas is the busiest time of the year in any western economy. All this 'good news' now is going to make the post-Xmas, post-soybean, winter weather slump look like a disastrous miss-step from the Fed if they were to raise interest rates now.
That's the way it'll be reported - Fed Raises Rates And Economy Wobbles.
How would the Donald react? He'll back Yellen to the hilt(?)
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