Fed Chair Yellen speaks, but some believe her term ends if Donald Trump wins

Donald Trump and Janet Yellen

Federal Reserve Chair Janet Yellen spoke today and some have concerns about her:

September 28, 2016

U.S. banks are well capitalized, but they remain challenged by weak interest income, said Federal Reserve Chair Janet Yellen in prepared testimony on Wednesday.

Yellen is speaking as part of her semi-annual testimony before the House Financial Services Committee about financial regulation on Wednesday. Investors will be also watching Yellen’s comments closely for clues about any potential changes to the timing of the next rate hike. …

Yellen’s testimony follows the Federal Reserve’s decision to refrain from hiking the federal funds rate in September. Last week, the Fed decided to keep rates at 0.25 percent to 0.5 percent, rather than raising rates for what have been the first time this year. …

Meanwhile, the CME Group’s FedWatch tool pegs the implied odds of a hike in November at 8.3 percent and the odds of an increase the following month at 56.4 percent. http://www.cnbc.com/2016/09/28/feds-janet-yellen-banks-well-capitalized-despite-weak-interest-income.html

September 28, 2016

Discussing the present and future of the embattled hedge fund industry, Tiger Management’s Julian Robertson – one of the most prominent names in the field – said that hedge funds are facing “the most difficult time I’ve ever seen in the business” his investing career (observing that “there are a lot of people squeezing shorts”), and warned that the days of charging hefty fees may be over.

““That type of business hasn’t worked lately, and it’s a tough business,” Robertson, 84, said Tuesday on Bloomberg Surveillance in New York. “It’s tougher to be a hedge fund investor than ever before.” …

“High interest rates are going to encourage savings, and I think we desperately need savings. Take a widow: they don’t know what to do with the money. There is no way they can do anything with it unless they go into stocks. I think forced equity investing creates the bubble.”

When asked who do you blame for this mess, the legendary hedge fund investor had one name: Janet Yellen, who Robertson says “is unwilling to see the American public taking pain at all and because of that I think she is creating a serious bubble where serious pain is going to come.”

What happens then: “If we have that bubble burst, you’re not going to make any money in the stock market unless you’re short and unless you’re in some sort of hedge fund.” http://www.zerohedge.com/news/2016-09-28/julian-robertson-janet-yellen-has-created-serious-bubble-and-pain-coming

Well, Janet Yellen has continued policies in order to keep interest rates artificially low, and she knows it. She has helped create a bubble that will burst. And ultimately, that burst will be worse than what billionaire Julian Robertson seems to believe.

At this stage if interest rates are allowed to rise this could impact the economy, and if they rise enough, make it impossible for the US government to pay interest on its debt. The timing of the possible increase in rates in December certainly seems political.

Various ones believe that if Donald Trump becomes the next President of the United States that Janet Yellen will not remain in her position:

If Trump wins, ‘Yellen would resign fairly quickly’: Economist

September 27, 2016

Judging by the candidate’s recent comments, a Donald Trump administration would not be hospitable to the current Federal Reserve makeup.

Consequently, should the Republican win, it would create pressure on the central bank’s command structure — so much so that Chair Janet Yellen would be inclined to resign, according to one analysis of the increasingly tense situation.

“If Donald Trump wins November’s presidential election, there is now a clear possibility that Fed Chair Janet Yellen would resign almost immediately, perhaps even before the mid-December (Federal Open Market Committee) meeting,” Paul Ashworth, chief U.S. economist at Capital Economics, a London-based global forecasting firm, said in a note. “It is hard to see how she could continue in her position until her current term expires in early 2018.”

The speculation comes amid a fresh round of criticism the outspoken New York businessman has lobbed at the Fed.

In a Sept. 12 CNBC appearance, Trump blasted the Fed for being political and said Yellen herself should be “ashamed.” http://www.cnbc.com/2016/09/27/if-donald-trump-wins-janet-yellen-would-resign-fairly-quickly-economist-paul-ashworth-says.html

Is this just another rant from Donald Trump or is there maybe something to this?

Notice something else that was in the news today:

“There’s A Real Problem Here” – Did Fed’s Plosser Just Admit Trump Is Right About Yellen?

September 28, 2016

Former Philly Fed President Charles Plosser got a lot off his chest this morning during a Bloomberg TV interview. Decrying that central bankers “wring their hands all the time,” Plosser noted that The Fed was very “concerned about credibility,” and was “pretty good at conjuring up reasons not to act.”

His mutinous discussion then concluded, sounding very Trumpian, by noting that The Fed “shouldn’t be afraid a recession might come,” exclaiming “there’s a real problem here” with The Fed. http://www.zerohedge.com/news/2016-09-28/theres-real-problem-here-did-feds-plosser-just-admit-trump-right-about-yellen

Janet Yellen had hinted about raising interest rates last December, but as of this instant, still has not done so. She knows that it would be safer in the long-run for the economy to do so (see http://www.nbcnews.com/business/economy/feds-yellen-testifies-economy-strong-enough-handle-rate-hike-n473756)–but some think she wants to wait until such an increase will not hurt Hillary Clinton’s chances of being elected the next President of the United States.

In the past several years, it has become clearer that the US Justice Department, as well as its Internal Revenue Service, has taken steps that certainly seem to be motivated by politics.

I do not believe that the Federal Reserve is immune from doing so as well. While, publicly the Federal Reserve has not voiced a presidential candidate preference, one would think that with Donald Trump’s occasional anti-Wall Street rhetoric (as well as anti-Fed rhetoric), that they may not want him elected (Hillary Clinton, too, has made anti-Wall Street rhetoric, but her history of financial ties to Wall Street have made many consider that she is much more likely to support Wall Street views than Donald Trump).

Several actions that the US Federal Reserve has taken during the time of the Obama Administration have been biblically inappropriate (Isaiah 1:22; Habakkuk 2:6) and will contribute to the end of the USA (Habakkuk 2:2-8).

Some items of possibly related interest include the following:

America’s Day of Reckoning 2017 Dollar Collapse? Economist James Dale Davidson says that a financial bloodbath will hit the USA and there is nothing that Washington can do to stop it. He claims that at least 57 nations have gotten together to dethrone the US dollar as the world’s reserve currency. He claims this can happen any day or in a few months. He mentions China, Russia, the AIIB, and gold. He claims his track record in predicting massive shifts in the past should assure people that he is right about this. He claims that there will be massive unemployment, near elimination of social security benefits, and more. Is James Dale Davidson possibly right on any of this? Dr. Thiel goes over many of his claims and explains what the Bible shows related to the coming collapse of the US dollar. This is a video.
Can the Bilderberg Group Affect 2017 and Beyond? The infamous Bilderberg Group met in Dresden, Germany from June 9-12 in 2016. This super-secretive group has been meeting since 1954 and has admitted to some subjects it would cover, but blocked out cell phone reception and forbid coverage of the discussions by the media. This is considered THE meeting to be part of for the elites who are working for a global-type of government. It is by invitation only. They are working towards their version of the New World Order as opposed to the good news of the Kingdom of God. At least one top leader apparently attended to try to get the Bilderberg Group’s support for a bid to become the next Secretary-General of the United Nations to replace Ban ki-Moon, whose term ends 31 December 2016. This is a video.
Collapse of the Euro and Dollar? War in 2020? Larry Edelson of Money and Markets described aspects of current economic difficulties and explained why he felt matters would get a lot worse. He said war, like World War III, could break out as early as 2020. What did he call the ‘granddaddy of all cycles”? Will matters go as he said? What does the Bible teach? Dr. Thiel provides biblical insights that secular sources often miss. This is a video.
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
British are the Covenant People What do ‘British’ and ‘Britain’ mean in Hebrew? Are the descendants of the Anglo-Saxons people of the covenant? Does the British royal family connect to the throne of David? What does the Bible teach? What does history show us? Is there any DNA evidence related to British-Israelism? When did Christianity make it to the British Isles? Could Jeremiah have made it to the British Isles? What type of Christians made it to the British Isles? Did the last King of England believe in British Israelism?
When Will the Great Tribulation Begin? 2016, 2017, or 2018? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon videos: The Great Tribulation from the Mount of Olives and Can the Great Tribulation begin before 2020? A shorter video is: Can the Great Tribulation Start in 2016?
Protestant and Church of God views of the United States in Bible Prophecy Is the USA mentioned in Bible prophecy? Some Protestants say yes, while others say no. What does the Bible really teach? Learn the truth about this. There is also a video available: Is The United States Mentioned In Bible Prophecy?
Physical Preparation Scriptures for Christians. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparación física para los Cristianos.
The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation/deflation? What do Christians need to know about gold?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? Here is a link to a video titled: The Future King of the North.
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermon The Gospel of the Kingdom.
Donald Trump in Prophecy Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill? Are there any prophecies that he has already helped fulfill? Could a Donald Trump presidency be apocalyptic? A related video is titled Could Donald Trump be Apocalyptic? Another video is 10 Reasons Not to Vote for Donald Trump or Hillary Clinton.
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
Hillary Clinton, Prophecy, and the Destruction of the United States This is a 200 page book for people truly interested in prophecies related to Hillary Clinton and the United States, including learning about many that have already been fulfilled and those that will be fulfilled in the future. It also discusses Republicans. The physical book can be purchased at Amazon from the following link: Hillary Clinton, Prophecy, and the Destruction of the United States, 2nd edition: Is Hillary Clinton Fulfilling Biblical, Islamic Catholic, Hopi, and other America-Related Prophecies? What About Donald Trump? $11.99.
Hillary Clinton, Prophecy, and the Destruction of the United States-Amazon 2nd Kindle edition This electronic version of the 200 page print edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Hillary Clinton, Prophecy, and the Destruction of the United States-Amazon 2nd Kindle edition.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.