kingworldnews.com / September 12, 2016
With stocks rebounding along with crude oil, today James Turk spoke with King World News about how to survive the coming financial storm.
James Turk: “The big question at the moment, Eric, is whether the Federal Reserve is going to raise interest rates at their meeting on September 20-21. That possibility has the market spooked…
I think the odds of an interest rate hike before the November election is close to zero because it is politically untenable for the Fed to hike rates. Here is a good reason explaining why.
Look at this chart from the Bureau of Labor Statistics. It represents the total number of employees in manufacturing from 2006 to the present.
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