WASHINGTON, DC – April 15, 2019
If not for Fed policy, the stock market could grow by 10,000 points, the President Trump is certain. He called the “quantitative tightening” program (or officially - the normalization of balance), in which the regulator cleared its inflated balance in 2017, a “killer.”
“If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with almost no inflation. Quantitative tightening was a killer, should have done the exact oppo...