The fed gave us what we wanted, the market implodes. Dow plunging 334 points, s p plummeting and nasdaq 1. 19 down honestly, there was Nothing Shocking about fed chief jay powells statement but people dont understand how the game is played its insurance and not the start of the easing cycle. That upset everyone hoping there would be a lot of rate cuts galore including those betting the dollar would decline the fed is supposed to be cage gee about this remember the last time powell told us the longterm plans in october, the stock market crashed. Promising a series of rate hikes was a big mistake. Hes not going to make the same mistake here by promising a series of rate cuts. Hes not stupid. Of course, President Trump piled on how powell let us down. You can say that trump let us down by firing yellen who is much closer to trump and putting powell in, and enough powell bashing for heavens sakes hes on the case as there is plenty of evidence, positive news enough to befuddle some fed watc
Year and caucuses that than democratic turnout has, perhaps, some significance for the general election. And others in the 538. Com website, for example, have poohpoohed that and said in 1976 it didnt. I dont think thats relevant. I think, i think it may still have something, but i dont feel i have any confidence how it is going to work out there. In my initial presentation, i mentioned the rules for both parties. If you look at if the democrats had rules like the republicans, which include winner take all primaries, Hillary Clinton would be ahead in delegates 21. The Bernie Sanders campaign would have disappeared almost as much as the John Kasich Campaign disappeared sometime ago. Ms. Bowman henry, a quick comment, and then a question. Mr. Olsen with respect to turnout, i have been looking at purple state turnout, and with the exception of ohio, and also with the exception of pennsylvania, republican turnout has vastly exceeded democratic turnout. We have two competitive races, and if
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