The Fed & the Future

Posted by Martin Armstrong - Armstrong Economicsstrong Economics

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While everyone seems to place a huge question of will the Fed raise rates or not, the markets have factored in the rate rise already for sometime. The Fed was scheduled to raise rates in June, but the IMF turned to the press to criticize them to prevent rate hike. Then in September, the IMF, ECB and other governments all pleaded with the Fed not to raise rates.. The trend will change. The Fed has no choice and that seems to be what the pundits do not get. We can see that rates are BELOW the historic low of the Great Depression. But they are also at a 5000 year low in interest rates on a global scale as well….read more HERE