12/14/2018 - On November 28, Jerome ‘Jay’ Powell gave a highly
anticipated speech at the New York Economic Club where he
assuaged worries the Fed would go on a reckless campaign of
automatic rate hikes even though they had no idea of the
consequences of such hikes on the economy, even eighteen
months down the road.
Moreover, the Federal Reserve,
which is already taking back
$50 billion a month in accommodation, says its mandate is
to manage inflation, which seems to be under control. ...
Special Report: Five Year Buys12/13/2018 By Charles Payne, CEO & Principal Analyst
For years I called this a “never sell” stock and the recent pullback puts it back into that category – at least for five years. I will admit, what we know about the failure of the Lion Air flight tha Read more