Well, howdy there, internet people, it's Bell again.

So today, we're going to talk about Trump's indecisiveness hitting the Fed.

The man who brought us concepts like the Trump always chickens out stock market trade and chicken and waffle foreign policy has given us a new issue, and it signals

much deeper problems when it comes to the economy. Some quick background to be able to understand

the issue. When people talk about the Fed cutting interest rates, what they're really talking about

is Fed Chair Jerome Powell and the 11 other members

of the Federal Open Market Committee, voting and adjusting what's called the federal funds rate.

It's not a direct adjustment of your interest rate. It's the rate banks charge each other.

That's the main tool the Fed has for influencing monetary policy. On December 10th, the committee voted 9 to 3 to reduce the federal funds rate

by 25 basis points. Having a quarter of the committee disagree isn't a good sign. It signals uncertainty,

and say it with me, markets hate uncertainty. But that isn't the real problem. The real problem is the

reasons, plural, for the dissents. Chicago Fed President Austin Goulsby descended in favor of no decrease.

Kansas City Fed President Jeffrey Schmidt also dissented in favor of no decrease.

Trump's new pick, Fed Governor Stephen Myron, dissented in favor of a 50 basis point decrease.

Not just was there pretty widespread disagreement. The disagreement went both ways, with some saying

no cut, and one voting for a deeper cut. What's more noteworthy, back in October, there were dueling dissents.

Before then?

Well, the last time we saw this was, well, the last time Trump was in office in 2019.

This is an incredibly rare thing, and I'm not sure I can think of two meetings in a row where

it's occurred going back a quarter of a century. The Fed is a central bank. Its job is to be a

stabilizing force. If there's dissent and debate at the Fed, it's sending mixed messages.

What's more is that Myron's vote seems politically

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