Josh Sigurdson reports on the stock market once again as interest rates are dropped out following an emergency rate cut decision by the Federal Reserve. The stock market did not appear to react to the cut on Tuesday but it reacted to politics on Wednesday. This is a sign of a far greater problem brewing which we’ve been reporting on for years here at WAM. The fact is, regardless of the manipulation of the markets short term, the long term fate is not good. The more money is printed, the more we see inflation rise. The recession never ended and it’s being papered over while interest rates are falling like a rock. This plus recent bad news for the markets globally will end in a complete collapse. It’s just fundamentally what must happen.
READ On the topic of insider trading, here's stock trading by US Senators alongside $SPY. The big negative bar is when a couple got caught doing some fishy trades this year and had to sell off their stocks.