The Australian Central Bank just lowered its key rate to 1%, the lowest in history.
Meanwhile, Asian stocks continue to be pummeled by the trade war.
James “Bully” Bullard of the St Louis Fed says that The Fed can’t react `Tit-for-Tat’ to the trade war … even though other Central Banks are doing so.
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.