Donald Trump Nails It

I've been discussing over recent times the never-ending "Will they, Won't they" circus with regards to the US Fed and any potential US rate rise. What’s interesting is that even Donald Trump has been wise enough to cotton on to developments. "The only reason the stock market is where it is is because you get free money," he said. "The only thing that's strong is the artificial stock market. That's only strong because it's free money because the rates are so low. It's an artificial market. It's all free money. When rates are low like this it's hard not to have a good stock market." As Tyler Durden from ZeroHedge comments, “Until recently, Trump's latest anti-Fed outburst would have been swept under the rug as just another example of the deranged ramblings of an anti-Fed conspiracy theorist.....However, considering the spike in anti-Fed commentary in recent weeks coming from prominent, and established institutional sellside analysts all the way to the WSJ, it may be that Trump was once again simply saying what everyone else thought but dared not mention.”