$Dow Jones Industrial Average (.DJI.US)$ I said it before I'...

$Dow Jones Industrial Average (.DJI.US)$ I said it before I'll say it again if chairman Powell does not come in today over the weekend Monday and cut this sell-off will continue non-stop until he does because there is no support if you're going into a recession what that means is corporate profits will drop dramatically in all of the companies aside from utilities and a few healthcare companies and consumer Staples they're fucked which means they're multiples will come down which means their stocks will come down. I wrote about a long time ago why Keynesian economics does not work and your witnessing it because you react to stale data imagine making your decisions not where you anticipate things are going but based off of what has already printed a month 2 months 3 months ago in the newspapers make your investment advice that way and see how well you do well now try to control a country's direction using monetary policy and adjusting interest rates you fail every time Keynesian never works never had worked and never will work and your witnessing a disaster right now unfold