FOMC Today & GSachs Equities 4 The Future

Today brings forth another FOMC meeting announcement which is widely expected to be an absolute non event. We all know the progression already, and with Japan our proxy, when rates are kept artificially low and governments and economies are put on a slow drip of QE / debt / fiat stimulus what’s the point of stopping? Who doesn’t like more debt? Governments need it, private central banks supply it and levered institutions, banks, funds can’t survive without it. So today’s meeting will reaffirm the FOMCs dot plot to change maybe sometime after 2023.

We always love these dot plots, here at Magnelibra Econemotions we have been using our own dot plot for quite sometime, yes that’s me and Anthony Crudele discussing this very chart on his show, if you haven’t seen it you should check it out, he is one of the best at bringing the trading community to life:

We may hear Jerome Powell talk about a few things like:

• Yield Curve Control, which is what they effectively do anyway when the target buy ma…