Why would the market want negative rates? Rich people want a return on their savings too.
I wish I didn't have to deal with so much dishonesty too.
I don't care "what trump called for". Have you learned nothing all these years? Trump says all kinds of stuff. Pay less attention to what he says, and more to what he does.
The irony is, a bunch of people on here still claim that the Federal Reserve is a private bank, and if that's true, why does it matter what Trump says anyway?
Want to bet it happens? There is only one way to go from zero. Money was intended to be "FREE"?
Yes or no.... do wealthy people want interest on their deposits? Yes or no dude. Answer that, or shut up. You are speaking stupid non-stop.
No. They want 12% returns in the market. Wealthy people don't keep their money in savings.
IOW, they put their money to work.
How's that working for them right now? Do you understand that this is why retired people are reluctant to?
So why should they have their money stolen to boost the markets they aren't interested in?
That is why, as people get older, they diversity their investments into safer funds that may pay lower returns but generally don't fluctuate as much. Dude, you really need to learn something about this stuff.
The truly wealthy saw this coming and moved their money to safer havens. That's part of what drives market volitility.