Posting for Day Shift marketfags.

Searched for Fed and Keystone and found:

The Keystone Speculator™

…Every analyst on Wall Street calls for more new all-time record highs above 3250 in 2020 except for SocGen, UBS and Keystone.

…

Don’t worry, the US will probably morph into a socialism-light nation a decade or two from now after a lengthy and violent class war occurs trigged by the recession that is on our doorstep. The wealthy elite class, that controls the rigged phony capitalism system, simply became too greedy. All ism’s be it socialism, communism, fascism or even capitalism fail after about 200 to 250 years so America is overdue for a change. Capitalism failed in America for two simple reasons; human greed and non-transparency. It’s not rocket science. The United States is best described as a ‘faux free market crony capitalism’ financial system. The truth hurts. It is tragic and disappointing that the upper middle and wealthy elite classes (30 million people) sold out their fellow Americans (300 million people) over the last five decades. Payback will be a bitch.

…

Another reason Keystone is more negative than other analysts is due to the mountain of buybacks (stock repurchase programs) that took place over the last decade. This sick financial engineering will expose the stock market as being far more overvalued than anyone realizes. After the big crash that occurs this year, people will look back and opine about how they were so stupid to not realize that the steady trend higher in earnings in recent years was due to financial engineering and not true fundamentals such as growing demand for products or services.

…

So a big drop will occur in H1 with the SPX bottoming around 2750-2850 in May or early June. The Federal Reserve will ride to the rescue once again, reversing its projected path of staying on hold in an election year, and cutting rates like mad since things will be going wrong all over the place. The company firings and layoffs will be ramping up significantly. The SPX will then launch higher on the easy money as usual, say to 2900-3000, but as everyone realizes the Fed is the Wizard of Oz, a clueless phony behind the curtain pulling levers, and the SPX is unable to move higher, all hope is lost, traders will exclaim that Chairman Powell does not know what he is doing, the Fed is out of ammunition, and then the H2 ugliness will kick into gear.

Plus lots more. See link.

https://thekeystonespeculator.blogspot.com/p/2020-predictions.html

>>8907480

I've had the same thought.

Kids think socialism is some combination of social media and welfare programs.

China has the added benefit of eliminating a lot of old people that the one-child-only generation can't support.

>>8907726

With black people more effected by the virus, Atlanta should take a more cautious approach especially while also being the home of the CDC.

Everything's above board, riiiight.

>>8907762

Kemp does not support POTUS.

He's doing this to fuck with the recovery.

That's why POTUS is calling him out.

>>8907794

Georgia Gov. Brian Kemp defies Trump in appointing Kelly Loeffler to Senate seat

https://www.cnbc.com/2019/12/04/georgia-gov-brian-kemp-defies-trump-with-loeffler-senate-appointment.html

Kelly Loeffler

In 2004, Loeffler married Intercontinental Exchange founder and CEO Jeffrey Sprecher. They reside in Tuxedo Park, Atlanta, in a $10.5 million, 15,000-square-foot (1,400 m2) estate named Descante, bought in the most expensive real estate transaction ever recorded in Atlanta.

On March 19, 2020, the public release of federal financial-disclosure documents revealed that U.S. Senator Kelly Loeffler, and her husband Jeffrey Sprecher, dumped millions of dollars of stock the couple owned in companies vulnerable to the COVID-19 pandemic. The sales began the same day Loeffler and other senators received a private briefing from federal officials about the looming crisis. The documents also showed that the couple purchased stock in a company that would potentially benefit from the shelter-in-place orders that have since been implemented throughout the United States to prevent the spread of the virus. The company, Citrix, specializes in teleworking software. The Stop Trading on Congressional Knowledge Act (STOCK Act) prohibits members of Congress from using nonpublic information they receive as part of their official duties to buy or sell securities. At least some of the stocks that Loeffler sold were owned jointly with Sprecher and would have required his knowledge and authorization to sell, documents show.

On March 20, 2020, the consumer advocacy group Common Cause filed complaints against Sprecher and Loeffler with the Securities and Exchange Commission, the Senate Ethics Committee, and the United States Justice Department, requesting from the latter a criminal investigation of the couple for violations of the STOCK Act.

https://en.wikipedia.org/wiki/Kelly_Loeffler

Jeffrey Craig Sprecher (born February 23, 1955) is an American businessman, and the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange.

https://en.wikipedia.org/wiki/Jeffrey_Sprecher