TREND FORECAST: Fed Will Raise Rates This Much to Get Dems Elected in Midterms
The Federal Open Market Committee meeting is set for November, right before the midterms
Facts don’t matter. And the facts have been extensively detailed in The Trends Journal for decades: The equity markets and economies are rigged. The Federal Reserve and most central banks are Bankster Bandits that do what they are told by governments-in-charge with the main objective—as proven by their deeds—to enrich the rich.
As we have long noted, both economies and equity markets have been artificially propped up with historically low interest rates, scams called “quantitative easing,” cheap money repo market injections, plunge protection teams, etc.
Now all eyes are on what the Federal Reserve’s next move is going to be after its meeting on November 1 and 2. The theory on The Street is that the Fed will weigh Thursday’s CPI data in its decision making and likely raise rates by another 75 basis points. Gerald Celente, the trend-forecaster and publisher of the Trends Journal, disagrees and said a more dovish 25 basis point increase is much more likely.
WHAT CELENTE SAID: He noted that the Fed heads continued to downplay the inflationary risk to the economy as “transitory” for months when they “knew inflation was going up.”
“They kept pumping this money in to artificially prop up the equity markets and the economies because of the shitheads [politicians] who lost the COVID war. So, here’s our forecast: they're going to raise interest rates 25 basis points. And what that’s going to do…it’s going to drive up the equity markets just in time for the midterm elections. And the imbeciles and morons who don't know the facts about anything, the masses, who swallow the bullshit thrown out by their ‘leaders’ and mainstream media Presstitutes…little boys and girls who put out to get paid by their government pimps and whoremasters…they believe all this shit they’re throwing out. They swallow this shit. They’re shit-swallowers, and they get angry at you if you don’t swallow the same shit they swallow. So they’re all going to believe that things are going to go up, because the market is going to go up and they’ll vote Democratic.”
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