Wednesday, May 18, 2016

This is what's worrying markets right now

By Patti Domm, CNBC

Fed phobia is running high ahead of Wednesday's release of Fed minutes.

The minutes, which will be released at 2 p.m. EDT, were already stirring up the bond market Tuesday morning, and that spilled into the stock market during the trading day.

"They are terrified of [the minutes], because there's a chance you'll get a sense of the bulk of the committee's views," said Art Cashin, director of floor operations at UBS. "Either way, it will have far more power than any number of individual speakers."

Commentary by: Lynn Cheramie, Founder, Freedom Fighters of America

The Stock Market is a sham created by wealthy men and women to bleed all other Americans dry. When have you heard of poor men making millions in the Stock Market? There are a few anomaly's but the majority of the time it's rich men, women or corporations making a killing on the backs of good Americans.

Just like insurance was intended to be a good thing for Americans and both parties were meant to take a risk. The insurer used the insureds money to make a profit but would pay claims as received hoping to make more than they paid out. The insured would pay a premium hoping they would never have to use the insurance but would have coverage if needed. Now insurers raise your premiums, co-payments and deductibles if you use your insurance to make up for what they had to pay out so they really take no risk in insuring us anymore. This applies to all insurance coverage; home, auto, life, medical and the like. Why are we required to have all insurances and penalized for not having it.

Why would any American risk their money in the stock market? Why should anyone have any insurance at all? It's just a big scam and we all know it! I dare anyone to prove me wrong!


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