The Fed's Big Red Flag,
and Why You Should Take Notice
Lance Gaitan | March 22, 2019 | Dear Economy & Markets Subscriber, Every six weeks the Federal Open Market Committee (FOMC) meets to decide whether a change in policy is needed to coax our economy in the right direction. They wrapped up their latest meeting on Wednesday. When Fed Chair Jerome Powell delivered his policy statement, stocks bounced and Treasury yields fell sharply. (Keep in mind the Fed has a Congressional mandate to provide maximum employment and stable prices. It accomplishes this goal primarily by manipulating interest rates.) According to Powell, interest rates aren't helping or hindering economic growth. The jobs market is strong, and inflation is near the Fed's 2% target. Everything seems just about right. So, the Fed is now looking for signs of a slowdown, even though they aren't expecting one. What caught investors' attention was the Fed's change in projections. Back in December, the Fed expected to hike twice: one in 2019 and another in 2020. But now the Fed isn't projecting any rate hikes in 2019. Why the change of heart? READ MORE » Trending Stories... The admissions scandal is starting to fade; I saw only three articles on it in the past couple of days. Now, according to The New York Times, universities are starting to consider if they should de-enroll (not expel) students who matriculated through fraud, whether the students were aware of it or not. There's always a single, dominant trend, and another two or three that have significant impacts worth considering. It's that way for happiness, demographics, productivity, the markets, and even the climate… Democrats keep boarding the presidential hopeful bus, but they all want the same seat… the one all the way to the left. Whatever the topic, make it free, make it angry, and make it a "right." The word socialism is getting new life, as even beer-brewer John Hickenlooper can't bring himself to own the label "capitalist." Back in the real world, we have businesses to run and jobs to do… The happiest people are those living in the coldest climates. The unhappiest are those living in warmer climates. Why? And what impact does that have on economies, across states and countries? Now there's a way you could turn every $1,000 into $10,000… $10,000 into $100,000… or even $100,000 into $1 million… in as little as five years! Groundbreaking new research shows you how one simply flip could hand you 10x profits in five years or less... There is nothing surprising about the college admissions scandal that blew up the news recently. The education system is broken. It has been for decades now. And it's all part of one particular cycle… The Great Depression was a big deal, right? And we've been recovering since the financial and economic crisis at the turn of this century, right? Not so fast. The numbers show that our cumulative GDP over the last 11 years has been slightly WORSE than that during the 11 years between 1929 and 1940. See for yourself… | 
