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Ep. 497: David Stockman Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Fed's Decision to Keep Equity Markets Growing at All Time Highs

The Fed is out of dry powder and they have painted themselves into a very significant corner. The Republicans are now waking up to the fact that they've gone along with this regime. Trump finally took off the gloves when after the Fed said you know these interest rates are unsustainable if they rise even a little bit you'll have a thundering crash. When it becomes evident that there is no bail out coming that the fire brigade that was on standby last you know in March 2009 is no longer available to bail out the market that's when you'll get a real correction.

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