Markets register a shock, but is Trump right to blame the Fed?

Reuters/Howard Schneider/8-15-2019

Photo of President Donald Trump and Fed chairman Jerome Powell“This week investors signaled that moment may have arrived, and one big question is whether that shock has come from President Donald Trump’s trade war or a mistake by policymakers at the U.S. Federal Reserve.”

USAGOLD note:  This article delves into who is responsible for the shaky state of economic affairs in the United States – the Fed or the White House. Trump was quick to blame the Fed for Wednesday’s sell off calling Powell “clueless.”

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