Markets, Rate Hikes, and Student Loans – Ep. 60

Markets, Rate Hikes, and Student Loans – Ep. 60


* The NASDAQ 5,000 party ended nearly the day it began
* NASDAQ down more than 80 points
* Dow Jones down 332 points
* Outside reversal week a reliable pattern signaling a downturn
* The market believes optimistic non-farm payrolls will trigger Fed rate hike
* Dollar hitting new highs
* Janet Yellen is the victim of too much success, allowing for rate hike assumptions
* All data other than jobs numbers are weak
* If we continue along this path, we are heading toward recession
* Stock market and real estate bear markets will trigger QE4
* Stock market will drop dramatically if rate hike notion is not dispelled
* Obama Administration floating trial balloon on student loan debt discharge for bankruptcy
* This moral hazard would force education prices even higher
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Jaksot(1102)

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