https://www.afr.com/markets/equity-markets/donald-trump-owns-this-stock-market-20181211-h18yyn
Trump replaced Janet Yellen, a dovish Federal Reserve chief (whose policies he liked), with hawkish Jerome Powell, whose policies he dislikes. Rates have gone higher, and it is the proximate result of the president's appointment.
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We have since found out that he did not re-appoint Yellen because he felt that, at 5-foot, 3-inches, she was "too short" to run the central bank. This has to be one of the great unforced mistakes in the postwar history of US monetary policy.
Wut?
Jerome Powell isn't actually that much hawkish, and he follows pretty much the same policies as Janet Yellen. So, Janet Yellen would still have done the same things as Powell is doing. Especially since the Fed is supposed to be independent of the Presidents influence.
Still, the article (the url and the headline anyway) points out the obvious. Two years in, he is definetly responsible for whatever happens to the economy.
It may just be paranoia, but it's already feeling like the media machine has picked its democratic candidate and are doing what they can to try to make sure they run unopposed by any credible competition.
I'm not 100% sure who that candidate is yet, perhaps Beto O'Rourke, or maybe Elizabeth Warren. Or maybe they do intend to let a fair election happen in a field of their choosing. But it really does feel like they're giving some people a pass while digging deep to find stuff on others.
To be fair, it's also a target rich environment and they can only spend so much time on digging dirt. It seems like a bit of 'flavor of the week/month' and besides, it's only just getting started.
I'm sure you remember how in 2015 they were all 'it's gonna be a battle of the dynasties!', but we all know how that turned out. It was the DNC (along with the Clinton political juggernaut) who pushed the other candidates out and made favorites, not the media.