TradersClass

Think the Fed's Emergency Rate Cut is Proactive? Think Again.

As we all wait for the great man Donald to announce his "very, very, substantial relief" for the US economy, we wonder if the markets will take him at his word and buy the dip. So far, so good - today.

Back in 2012 it worked out for Mario Draghi's  " We will do whatever it takes..to preserve the Euro...". So will confidence return?

Take a look at this Elliott Wave International article, perhaps the Fed really is omnipotent?!