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JDHolland

08/24/16 11:12 AM

#945 RE: jist1 #944

I agree. However, Yellen and crew may not have a choice. The last stress test did not go well for the Big Banks, US Tres. bonds are being dumped at record numbers. Foreign banks are gathering and hoarding cash. The D-Bank is on the brink and UK might pull the trigger on Art. 50 sooner rather then later. The election year jitters is spreading to the global market and may force the FED to act one way or the other in Sept. IMO.
Break out the popcorn and watch the show...