Boeing Production Halt May Cut 1|3 From US GDP Q1 2020 The Fed Warns About Bubble In Stocks

Economic collapse news December 19, 2019.
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First, we look at the comments from Eric Rosengren "I do have concerns about that financial stability. I would prefer probably a different level of rates," the Boston Fed President said, confirming that low rates will eventually result in a financial crisis. Also he stated "If you look at the last two recessions, they were not situations where inflation got out of control. They were situations where asset prices went way up and then came way down. So if your goal is to avoid recessions, I think we need to be pretty focused on asset prices not just inflation" Meaning we may not be seeing the bigger picture. Next, we look at Boeing's production halt of the 737 max which according to estimates from major wall street analysts will shave as much as 1/3 from GDP during Q1 2020. We focus on the comments from the CFO and the CEO about the production halt but it's also the numerous suppliers that could also have an impact on the greater economy. Is Boeing the black swan or do we look for another?

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