Howestreet Interview: US Fed Has New QE Plan. Mike Swanson (10/08/2019)

Yesterday Jerome Powell announced that he was going to have to increase the Fed balance sheet, because of the repo woes. If quantitative easing is needed again, how bad is the market?

More importantly what is going to happen with the Trump/China trade negotiations this weekend? I talked about these topics with Jim Goddard of www.howestreet.com in this interview.

I talked about my hope that a trade deal or trade war truce will come this Friday, but also what I plan on doing if one does not happen. Few are ready for that even though the solution is actually simple.

For more on the trade issues read this article on why this Friday is going to be so important:

Trade war resolution or bust – that’s the choice right now for US and China – South China Morning Post

-Mike



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