Today's rate hike shouldn't be news to anyone.
But what you may have missed is a critical portion of Fed Chair Jerome Powell's press conference...
Here's what every investor should look out for...
Our D.R. Barton has talked a lot about the all-important market narrative.
Central bankers aren't stalwart free market shepherds, although that's how they cloak themselves.
The truth is they're more like wolves... communist wolves in sheep's clothing. Today I'm going to show you what their game really is.
Then I'm going to show you how we'll fight back...
The financial media are trying to turn the search for a new potential Fed chair into a horse race of some kind.
We'd tell you who we think will win, but the truth is, it doesn't matter.
For investors, the most important thing has already happened...
Everyone can see the Fed has outsized influence on the stock markets, but not everyone knows why.
It has to do with a tiny group of 23 of the world's largest banks.
The Fed's "accomplices," the primary dealers. Here's how they work...
Editor's Note: Lee Adler has more than 44 years of experience trading and investing, as you'll see. You're going to be hearing a lot more from him in the future, because he's taking our newest free research service, Sure Money, "big time" next week. You'll have the chance to join him, but for now, he's going to show you why these four little words just might be the most profitable recommendation you've ever had. Here's Lee...
"Don't fight the Fed" was a refrain I heard often from the old men in the customers' gallery at Walston & Co.'s Philadelphia, Penn., office back in the late 1960s. I was a teenager at the time and sat with them after class.
I tried to understand what these mysterious wise men meant as I watched the ticker tape crawl along, showing a trade from New York every few seconds...
"IBM...200s... GM...1000s... PRD...100s... XRX...10,000..."
The ticker would pause for a few moments, then more trades would come.
Some of these old men were known as "tape readers" or "tape traders." They saw patterns in the movements of the ticker and bought and sold stocks based on those patterns.
They made money, too, and plenty of it.
"Don't fight the tape. Don't fight the Fed. The trend is your friend," they said. I heard it so often, I couldn't stop it from constantly playing in my head.
I still can't, to this day.
Legendary investor Jim Rogers just made a bold claim about the Federal Reserve.
"[The Fed] has no clue what they're doing," he said.
But that's not all he said about the central bank...
Yellen was hawkish at the Fed meeting in May. And there's more than a 90% chance of another hike in just over two weeks.
Our central bank is so disconnected from the reality of the economic numbers and its actions are increasingly "politicized."
Here's what Shah Gilani thinks will happen to the markets and interest rates after the election...
As expected, the U.S. Federal Reserve policymakers at this week's FOMC meeting voted to keep interest rates unchanged. Central bank rate policies and next week's U.S. presidential election are the two biggest influences on U.S. stock prices right now.
Well, the FOMC held the line on rates this week, but they're widely expected to boost borrowing costs in December - thanks to indications the long-moribund U.S. economy is finally accelerating. Indeed, Fed Chair Janet C. Yellen said back in September that strength in the job ranks and a healthy surge in inflation would give policymakers the confidence to raise rates.
This is a time when investors need nothing so much as a roadmap to where the market's going to actually go in the next weeks and months. Clarity, in other words... and there's precious little of that to be had from the traditional financial media.
Socialist monetarism: (s?SH?l?st mänid?riz?m) the takeover of the free world by an oligarchy of bankers
The unthinkable is happening; in fact, the final chapter is being written as you read this.
Governments around the (presumably) free world have ceded fiscal and economic control of their countries to central bankers, who, drunk with power, are methodically replacing free-market capitalism with a new order of socialist monetarism.
If you don't know what I'm talking about, you're not alone. See, you're not supposed to know.
The fact is, we're supposed to think that central banks are our economic saviors.
But what they're actually doing, right before our very eyes, is radically changing the world we know.
And not at all for the better...
The next Fed meeting is in 11 days, and this time the markets are not all that volatile. Stocks are still near all-time highs, and almost nobody expects the Fed to raise rates in November.
Here's what you can do ahead of the meeting to prepare...
For reasons I can't fathom, investors are obsessed with central bankers, hanging on their every word, parsing out every little detail or tone of voice. For the better part of a decade, we've seen this obsession send markets zooming ahead in moments, or selling off steeply just as fast, all totally divorced from economic fundamentals.
So they can bring gains or losses in short order, but I submit that, in fact, nearly seven years of near-zero, zero, and sub-zero interest rates have made it clear that central bankers have lost control, with very little in the way of real influence beyond short-term rates.
At the Fed's Jackson Hole symposium last month, there were strong hints from Fed Chair Janet Yellen and Vice Chair Stanley Fischer that they want to raise rates in the near future, but they have broken such promises before.
Those broken promises are likely what lead investors to continue their staggering complacency, and they missed some very disturbing noises about the Fed's plans to deal with the next recession.
These plans are unconstitutional and dangerous, but they're only the next step in a quiet revolution that's already being waged by central banks worldwide.
Credulous, complacent investors put themselves at risk of catastrophic losses as this "revolution" moves further along toward its only logical conclusion...
The wholesale destruction of free markets - and the wealth that people have parked there...
The Committee to Destroy the World opened is hydra-headed mouth one too many times last week.
The result was the biggest drop in stocks since Brexit.
The Dow Jones Industrial average fell nearly 400 points or 2.1% on Friday while the S&P 500 dropped nearly 54 points or 2.5% and the Nasdaq Composite Index also shed 2.5% and nearly 134 points.
