The Fed goes MAGA

 

Rich Terrell

Middle-class income rose above $61,000 for the first time last year, U.S. Census Bureau says  "Middle-class income rose to the highest recorded levels in 2017 and the national poverty rate declined as the benefits of the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday." . . .

Stock markets elsewhere are tanking while the indices of our stock market are at or near record highs, life is tough elsewhere.  . . . "Graham Summers, Chief Market Strategist of Phoenix Capital Research, credited the Federal Reserve in part for saving our bacon.
"While US stocks have continued to move higher courtesy of capital flowing into the US as a result of the Fed’s policies, the rest of the world is entering a meltdown," he wrote." . . .

Tony Branco