Here are the cracks that are starting to show in the U.S. economy

From Justin Brill, Editor, Stansberry Digest:

The Federal Reserve is “obsessed” with the stock market…

So says Marc “Dr. Doom” Faber, economist, investor, and editor of the Gloom, Boom & Doom Report.

Like us, Faber believes the Fed is more concerned about whether the market is rising or falling than the economic data it purports to follow closely.

In fact, he thinks last week’s coordinated announcements about a potential June rate hike were meant to test the market’s response. As he explained in an interview with financial-news network CNBC last week…

[The Fed] said a rate hike is on the table so they can watch the market reaction. If we are, in June, 10% to 20% lower in stocks and bond yields are up, they’re not going to move. If, on the other hand, the market is relatively stable and moves up from here… they will probably move. They’re very…



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