Fed nominee Stephen Moore warns of ‘biggest selloff in the stock market in American history’

Link: www.wsj.com/articles/dow-2400-anyone-11556549091

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Moore said that if Trump loses the Dow will crash 91%. Obviously, this is bullshit, but markets do not like it when the Fed’s independance is threatened, and it seems like the nominee has a lot of political bias. Do you think this news will affect the market in any way? Not because of his comments, but because a Fed nominee clearly has political bias that could affect his decisions.

 

 

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